UTI Money Market Fund - Direct Plan - Growth Option

UTI Money Market Fund - Direct Plan - Growth Option

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Debt
Direct
Money Market
NAV: ₹ 2851.7 as on 22-04-2024
Fund Performance
zero opening, trading, fund transfer fee
98 people have invested ₹ 1.4Cr in UTI Money Market Fund - Direct Plan - Growth Option in the last three months

Mutual Fund Insights

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In the last 1 year, Tata Money Market Fund Direct Plan Growth has given 7.84% return, outperforming this fund by 0.17%.
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Over the last 3 months, this fund has experienced a 17.4% growth in AUM moving from 11.21K Cr to 13.16K Cr.
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This fund has one of the lowest expense ratio in the category (money market). Its expense ratio is 0.19% which is lower than the category average expense ratio of 0.33%.
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Over the last 1 month, this fund has decreased expense ratio by 5.0% moving from 0.20 to 0.19.
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In the last 5 years, Tata Money Market Fund Direct Plan Growth has given 6.28% return, outperforming this fund by 0.19% per annum.
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In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 6.05% return, outperforming this fund by 0.15% per annum.

About the UTI Money Market Fund - Direct Plan - Growth Option

UTI Money Market Fund - Direct Plan - Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Amit Sharma, Anurag Mittal. This fund is suitable to keep your money safe.

Key Parameters

  1. UTI Money Market Fund - Direct Plan - Growth Option has ₹13165 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

UTI Money Market Fund - Direct Plan - Growth Option Overview

Expense ratio
Expense ratio
0.19%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹13165 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
266.78%

UTI Money Market Fund - Direct Plan - Growth Option Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Mar'24

Feb'24

Jan'24

Corporate
51.1%
Cash Equivalent
34.3%
Government
14.6%

Top Holdings of UTI Money Market Fund - Direct Plan - Growth Option as on (31-Mar-24)

  • Debt & Cash

Debt Holdings72
Holdings
Weight%
1M Change
Canara Bank
Canara Bank
6.04%
100%
Bajaj Housing Finance Ltd.
Bajaj Housing Finance Ltd.
3.56%
0%
Dbs Bank India Limited
Dbs Bank India Limited
3.2%
100%
HDFC Bank Limited
HDFC Bank Limited
2.85%
100%
National Bank for Agriculture and Rural Development
National Bank for Agriculture and Rural Development
2.49%
0%

UTI Money Market Fund - Direct Plan - Growth Option: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 11.7K Cr
₹ 13.1K Cr
₹ 13.4K Cr
  • AUM of the fund stands at 11.7K Cr as of Mar'24
  • AUM decreased by 1.4K Cr between Mar'24 and Feb'24
Fund Portfolio Changes

UTI Money Market Fund - Direct Plan - Growth Option Fund Manager

Amit Sharma
Amit Sharma
Fund Manager of UTI Money Market Fund - Direct Plan - Growth Option, since 7 July 2017
Anurag Mittal
Anurag Mittal
Fund Manager of UTI Money Market Fund - Direct Plan - Growth Option, since 1 December 2021

UTI Money Market Fund - Direct Plan - Growth Option Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.29% since inception which is more than its category average return of 4.97%
AUM size ₹13165 Cr

AUM size ₹13165 Cr

This fund has AUM of ₹13165 Cr which is more than its category average of ₹ 6432 Cr
Expense Ratio 0.19%

Expense Ratio 0.19%

This fund has an expense ratio of 0.19% which is less than its category average expense ratio of 0.34%

Frequently Asked Questions

The current NAV of UTI Money Market Fund - Direct Plan - Growth Option is ₹2851.7 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
UTI Money Market Fund - Direct Plan - Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.78%
0.78%
6 Month Returns
3.91%
3.91%
1 Year Returns
7.67%
7.67%
3 Years Returns
18.78%
5.91%
5 Years Returns
34.4%
6.09%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.19% as on March 2024
₹13165 Cr as on March 2024
Canara Bank(6.04%), Bajaj Housing Finance Ltd.(3.56%), Dbs Bank India Limited(3.2%), HDFC Bank Limited(2.85%), National Bank for Agriculture and Rural Development(2.49%) as on March 2024
Corporate(51.09%), Cash Equivalent(34.32%), Government(14.58%) as on March 2024
Yield to Maturity is 7.71 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.78 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Amit Sharma, Anurag Mittal are the fund managers of UTI Money Market Fund - Direct Plan - Growth Option
The Exit load of UTI Money Market Fund - Direct Plan - Growth Option is 0%