UTI Overnight Fund Growth- Direct

UTI Overnight Fund Growth- Direct

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Debt
Direct
Overnight
NAV: ₹ 3253.9 as on 19-02-2024
Fund Performance
zero opening, trading, fund transfer fee
77 people have invested ₹ 32.2L in UTI Overnight Fund Growth- Direct in the last three months

Mutual Fund Insights

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Over the last 1 month, this fund has experienced a 16.3% growth in AUM moving from 6.05K Cr to 7.04K Cr.
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Over the last 3 months, this fund has decreased expense ratio by 28.6% moving from 0.07 to 0.05.
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In the last 5 years, DSP Overnight Fund Direct Growth has given 4.79% return, outperforming this fund by 0.05% per annum.
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In the last 1 year, Axis Overnight Fund Direct Growth has given 6.8% return, outperforming this fund by 0.03%.
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In the last 3 years, Mirae Asset Overnight Fund Direct Growth has given 5.07% return, outperforming this fund by 0.04% per annum.
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This fund has one of the lowest expense ratio in the category (overnight). Its expense ratio is 0.05% which is lower than the category average expense ratio of 0.12%.

About the UTI Overnight Fund Growth- Direct

UTI Overnight Fund Growth- Direct is a debt fund. This fund was started on 14 January, 2013. The fund is managed by Amit Sharma. This fund is suitable to keep your money safe.

Key Parameters

  1. UTI Overnight Fund Growth- Direct has ₹7044 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.1.

UTI Overnight Fund Growth- Direct Overview

Expense ratio
Expense ratio
0.05%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹7044 Cr
Inception Date
Inception Date
14 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

UTI Overnight Fund Growth- Direct Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Cash Equivalent
100%

Top Holdings of UTI Overnight Fund Growth- Direct as on (31-Jan-24)

  • Debt & Cash

Debt Holdings4
Holdings
Weight%
1M Change
182 DTB 16022024
182 DTB 16022024
1.42%
0%
364 DTB 08022024
364 DTB 08022024
1.42%
0%
91 DTB 15022024
91 DTB 15022024
0.21%
0%
91 DTB 08022024
91 DTB 08022024
0.14%
0%

UTI Overnight Fund Growth- Direct: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 7K Cr
₹ 6.1K Cr
₹ 7.2K Cr
  • AUM of the fund stands at 7K Cr as of Jan'24
  • AUM increased by 985.9 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

UTI Overnight Fund Growth- Direct Fund Manager

Amit Sharma
Amit Sharma
Fund Manager of UTI Overnight Fund Growth- Direct, since 3 May 2018

UTI Overnight Fund Growth- Direct Highlights

Risk meter
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Low Risk

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

About the fund

This fund has delivered an average annual returns of 6.25% since inception which is more than its category average return of 3.62%
AUM size ₹7044 Cr

AUM size ₹7044 Cr

This fund has AUM of ₹7044 Cr which is more than its category average of ₹ 3007 Cr
Expense Ratio 0.05%

Expense Ratio 0.05%

This fund has an expense ratio of 0.05% which is less than its category average expense ratio of 0.13%

Frequently Asked Questions

The current NAV of UTI Overnight Fund Growth- Direct is ₹3253.86 as on 19-Feb-2024.
Existing (Absolute + CAGR) as on 19-Feb-2024.
UTI Overnight Fund Growth- Direct
Absolute Returns
CAGR Returns
1 Month Returns
0.56%
0.56%
6 Month Returns
3.42%
3.42%
1 Year Returns
6.76%
6.76%
3 Years Returns
15.85%
5.03%
5 Years Returns
26.11%
4.75%
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.
0.05% as on January 2024
₹7044 Cr as on January 2024
Yield to Maturity is 6.71 as on January 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 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Amit Sharma is the fund manager of UTI Overnight Fund Growth- Direct
The Exit load of UTI Overnight Fund Growth- Direct is 0%