UTI Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Amandeep Chopra, Amit Sharma is the Current Fund Manager of UTI Money Market Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹7,535 Cr and the Latest NAV as of 09 Dec 2019 is ₹2228.10.
The UTI Money Market Fund Direct Growth is rated Low risk. Minimum SIP Investment is 10000. Minimum Lumpsum Investment is 10000. Nil.
Investment Objective
Aims to provide easy and high liquidity in short periods.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹10000
Min for First Investment
₹1000
Min for Second Investment