|Min SIP Amount||₹10000|
|NAV||₹1033.63 (25 Jan 2021)|
|Fund Started||04 Jan 2013|
|Fund Size||₹7,217 Cr|
|Axis Bank Ltd.||Financial||CD||8.2%|
|Reserve Bank of India||Financial||T-Bills||6.7%|
|Reserve Bank of India||Financial||T-Bills||5.5%|
|Tata Power Co. Ltd.||Energy||CP||4.8%|
|Reserve Bank of India||Financial||T-Bills||4.5%|
|National Bank For Agriculture & Rural Development||Financial||CP||4.1%|
|Indusind Bank Ltd.||Financial||CD||3.5%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||3.4%|
|Reserve Bank of India||Financial||T-Bills||2.8%|
UTI Money Market Fund Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 04 Jan 2013. Amandeep Chopra, Amit Sharma is the Current Fund Manager of UTI Money Market Fund Direct Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹7,217 Cr and the Latest NAV as of 25 Jan 2021 is ₹1033.63.
The UTI Money Market Fund Direct Dividend Weekly is rated Moderate risk. Minimum SIP Investment is set to 10000. Minimum Lumpsum Investment is 10000.
The scheme seeks to generate reasonable income with high level of liquidity by investing in a portfolio of money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.