|Min SIP Amount||Not Supported|
|NAV||₹1371.66 (14 May 2021)|
|Fund Started||02 Sep 2013|
|Fund Size||₹4,686 Cr|
UTI Overnight Fund Direct IDCW Daily is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 02 Sep 2013. Amandeep Chopra, Amit Sharma is the Current Fund Manager of UTI Overnight Fund Direct IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹4,686 Cr and the Latest NAV as of 14 May 2021 is ₹1371.66.
The UTI Overnight Fund Direct IDCW Daily is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 10000.
The scheme seeks to generate reasonable income, with low risk and high level of liquidity from a portfolio of overnight securities having a maturity of one day.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.