UTI Overnight Fund Direct Payout Inc Dist cum Cap Wdrl

UTI Overnight Fund Direct Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 17 January, 2013. The fund is managed by Jaydeep Bhowal. This fund is suitable to keep your money safe.

1. UTI Overnight Fund Direct Payout Inc Dist cum Cap Wdrl has ₹4397 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.1.
   

UTI Overnight Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 5.66% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.16%, 6.47% and 5.27% respectively.

UTI Overnight Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services. Its top holdings are 182 Days Tbill, 91 Days Tbill (Md 28/08/2025), 91 Days Tbill (Md 28/08/2025), 91 Days Tbill (Md 28/08/2025), 182 Days Tbill

As it is a overnight mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The investment objective of the scheme is to generate reasonable income, with low risk and high level of liquidity from a portfolio of overnight securities having a maturity of one day. 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 for lump sum payment is INR 20000.00 and for SIP is INR 500.00. UTI Overnight Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.