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Home>Mutual Funds>UTI Mutual Fund>UTI Money Market Fund Direct IDCW Weekly

UTI Money Market Fund Direct IDCW Weekly

Debt
Money Market
Low to Moderate Risk
Payout
5.35%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 May 2022₹1,028.16
Min. SIP amount₹500
Rating3
Fund size₹10,560.65Cr

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.7%5.3%6.3%7.3%
Category average3.7%6.3%6.5%NA
Rank with in category497NA
Understand terms

Holdings (60)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills8.2%
Export-Import Bank Of India
FinancialCD4.1%
Reserve Bank of India
FinancialT-Bills3.5%
Indusind Bank Ltd.
FinancialCD3.4%
Reliance Retail Ventures Ltd.ServicesCP2.9%
Reserve Bank of India
FinancialT-Bills2.9%
Reserve Bank of India
FinancialT-Bills2.7%
Vedanta Ltd.
Metals & MiningCP2.6%
HDFC Bank Ltd.
FinancialCD2.4%
Sikka Ports and Terminals Ltd.EnergyCP2.4%
See All

Expense ratio, exit load and tax

Expense ratio: 0.19%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹10,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Anurag Mittal
Dec 2021 - Present
View details

Education
Mr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science.
Experience
Prior to joining IDFC AMC, he worked with HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).
Also manages these schemes

Amit Sharma
Jul 2017 - Present
View details

Education
Mr. Sharma is a B.Com, CA, FRM
Experience
He has been associated with the Dept. of Fund Management of UTI for the past 5 years.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
UTI Tower, 'GN' Block,Bandra-Kurla Complex,Bandra (East), Mumbai 400051
Phone
022- 66786666 / 66786354 / 1800-22-1230
Launch Date
14 Nov 2002
Website
NA
Amc Image
UTI Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in UTI Money Market Fund Direct IDCW Weekly?

You can easily invest in UTI Money Market Fund Direct IDCW Weekly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for UTI Money Market Fund Direct IDCW Weekly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in UTI Money Market Fund Direct IDCW Weekly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does UTI Money Market Fund Direct IDCW Weekly provide?

The UTI Money Market Fund Direct IDCW Weekly has been there from 04 Jan 2013 and the average annual returns provided by this fund is 3.71% since its inception.

How much expense ratio is charged by UTI Money Market Fund Direct IDCW Weekly?

The term Expense Ratio used for UTI Money Market Fund Direct IDCW Weekly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of UTI Money Market Fund Direct IDCW Weekly is 0.19% as of 22 May 2022...

What is the AUM of UTI Money Market Fund Direct IDCW Weekly?

The AUM, short for Assets Under Management of UTI Money Market Fund Direct IDCW Weekly is ₹10,560.65Cr as of 22 May 2022.

How to Redeem UTI Money Market Fund Direct IDCW Weekly?

If you want to sell your UTI Money Market Fund Direct IDCW Weekly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of UTI Money Market Fund Direct IDCW Weekly?

You can select either SIP or Lumpsum investment of UTI Money Market Fund Direct IDCW Weekly based on your investment objective and risk tolerance.

What is the NAV of UTI Money Market Fund Direct IDCW Weekly?

The NAV of UTI Money Market Fund Direct IDCW Weekly is ₹1,028.16 as of 20 May 2022.

What is the PE and PB ratio of UTI Money Market Fund Direct IDCW Weekly?

The PE ratio ratio of UTI Money Market Fund Direct IDCW Weekly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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