Rating: ★ ★ ☆ ☆ ☆

UTI Money Market Fund - Direct Plan - Weekly Dividend Payout Option

Debt

  

Money Market Fund

NAV

1015.872 + 0.0914

as on (05 Jun, 2020)

RETURNS

5.04 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.17 %

Benchmark

CRISIL Money Market TR INR

Asset Size

4369.81 Cr.

(As of 30 Apr, 2019)

Risk

Moderately Low

Objective

The investment objective of the scheme is to generate reasonable income with high level of liquidity by investing in a portfolio of money market instruments. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

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Fund manager

Amandeep Chopra

(since 14 Dec, 2006)

Exit load

N / A

Minimum sip

₹ 10000

minimum investment

₹ 10000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

UTI Liquid Cash Plan Instl Dir Gr

7.93 %

Sector Allocation

About the Scheme Type

Money Market Fund

Money Market Mutual Funds invest in high quality and ultra safeliquid instruments like commercial papers, treasury bills (T- Bills), Repurchase Agreements (Repos) and Certificate of Deposits. With an average maturity of one year, Money Market Mutual Funds are used to manage short-run cash needs and deals only in either cash or cash equivalents. Its main aim is to keep the fluctuations in the fund’s NAV to a minimum

Ratings

This fund is rated 2 stars by Morning Star Ratings.

★ ★ ☆ ☆ ☆

Overview of UTI Asset Management Company Ltd

UTI Mutual Fund, India’s most trusted Wealth creators, always has the interest of its investors in its heart. UTI Mutual Fund has completed 50 years as India’s leading Financial service institution and was a sole vehicle of capital market investment for Indian Citizens till the early 90’s. The institution has shown great resilience and has grown from strength to strength overcoming economic turbulence and global turnarounds.

With assets under management across different businesses including domestic mutual fund, Portfolio Management Services, International business, Retirement Solutions, Venture Funds and Alternative Investment assets, UTI Mutual Fund has contributed immensely to industrial and capital growth in the Indian market. It has led transformative initiatives like developmental financial institutions, rural outreach programs and financial products and services.

UTI Mutual Fund is today a household name in India and has a wide portfolio to suit the varied needs of investors supported by industry-led best practices, long-term vision, and shareholder values. With 150 branches, 47,000 highly trained IFAs, 320 Chief Agents and Business Development Associates and over 1 crore investor accounts, UTI Mutual Fund is one of the leading financial institutions with a pan Indian presence. We, at UTI Mutual Fund, are committed to continuing our legacy of delivering best in class services with a focus on social responsibility and nation-building.