UTI Money Market Fund - Direct Plan - Monthly Reinvestment Inc Dist cum Cap Wdrl

Debt
Direct
Money Market
UTI Money Market Fund - Direct Plan - Monthly Reinvestment Inc Dist cum Cap Wdrl

About the Fund

UTI Money Market Fund - Direct Plan - Monthly Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 22 December, 2014. 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 - Monthly Reinvestment Inc Dist cum Cap Wdrl has ₹14308 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.

Returns

UTI Money Market Fund - Direct Plan - Monthly Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 5.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.67%, 6.19% and 5.52% respectively.

Holdings

UTI Money Market Fund - Direct Plan - Monthly Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Real Estate, Corporate, Cash Equivalent, Government. Its top holdings are Canara Bank, 182 DTB 12122024, Bajaj Housing Finance Ltd., Small Industries Development Bank Of India, Dbs Bank India Limited

Taxation

As it is a money market mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of UTI Money Market Fund - Direct Plan - Monthly Reinvestment Inc Dist cum Cap Wdrl

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 20000.00 and for SIP is INR 500.00. UTI Money Market Fund - Direct Plan - Monthly Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.19%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹14308 Cr
Inception Date22 December, 2014
Min Lumpsum/SIP₹20000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
266.78%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Corporate
52.1%
Cash Equivalent
34.6%
Government
13.4%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Canara Bank
Canara Bank
5.64%
0%
182 DTB 12122024
182 DTB 12122024
3.73%
0%
Bajaj Housing Finance Ltd.
Bajaj Housing Finance Ltd.
3.32%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.04%
0%
Dbs Bank India Limited
Dbs Bank India Limited
2.99%
0%

Amit Sharma
Amit Sharma
Fund Manager of UTI Money Market Fund - Direct Plan - Monthly Reinvestment Inc Dist cum Cap Wdrl, since 7 July 2017
Anurag Mittal
Anurag Mittal
Fund Manager of UTI Money Market Fund - Direct Plan - Monthly Reinvestment Inc Dist cum Cap Wdrl, since 1 December 2021

UTI Money Market Fund - Direct Plan - Monthly Reinvestment Inc Dist cum Cap Wdrl 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 5.97% since inception which is more than its category average return of 5.23%
AUM size ₹14308 Cr

AUM size ₹14308 Cr

This fund has AUM of ₹14308 Cr which is more than its category average of ₹ 8133 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 - Monthly Reinvestment Inc Dist cum Cap Wdrl is ₹1420.34 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
UTI Money Market Fund - Direct Plan - Monthly Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.69%
0.69%
6 Month Returns
3.91%
3.91%
1 Year Returns
7.67%
7.67%
3 Years Returns
19.74%
6.19%
5 Years Returns
30.85%
5.52%
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 June 2024
₹14308 Cr as on June 2024
Canara Bank(5.64%), 182 DTB 12122024(3.73%), Bajaj Housing Finance Ltd.(3.32%), Small Industries Development Bank Of India(3.04%), Dbs Bank India Limited(2.99%) as on June 2024
Corporate(52.05%), Cash Equivalent(34.59%), Government(13.36%) as on June 2024
Yield to Maturity is 7.6 as on June 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 0.58 as on June 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 - Monthly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of UTI Money Market Fund - Direct Plan - Monthly Reinvestment Inc Dist cum Cap Wdrl is 0%