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3 star

UTI Money Market Fund - Regular Plan

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Debt: Money Market

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1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Money Market debt funds invest in bonds with a maturity of up to one year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.

Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.67 0.01 0.08 0.31 1.04 1.86 4.43 6.74 6.81 7.29 7.91
CCIL T Bill Liquidity Weight 0.86 0.02 0.05 0.20 0.51 0.97 2.16 3.59 3.79 4.24 4.62
Debt: Money Market 1.53 0.01 0.07 0.28 0.98 1.71 3.99 6.38 6.61 7.13 7.81
Rank within category 7 4 6 6 9 6 4 5 5 5 6
Number of funds in category 18 18 18 18 18 18 17 13 12 12 12

As on 11-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
UTI Money Market Fund - Regular Plan  | Invest Online
3 star
 Jul-09 4.43 6.74 6.81 0.27 7,945
HDFC Money Market Fund  | Invest Online
5 star
 Nov-99 4.50 6.88 6.80 0.35 15,383
ICICI Prudential Money Market Fund  | Invest Now
4 star
 Mar-06 4.36 6.73 6.80 0.33 14,104
Aditya Birla Sun Life Money Manager Fund  | Invest Online
5 star
 Oct-05 4.61 7.01 7.00 0.30 14,089
Tata Money Market Fund - Regular Plan  | Invest Online
4 star
 May-03 4.61 4.26 5.31 0.43 3,722

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.98 24-Mar-2020 - 31-Mar-2020 -0.68 17-Mar-2020 - 24-Mar-2020
Month 1.67 24-Mar-2020 - 23-Apr-2020 -0.39 25-Feb-2020 - 26-Mar-2020
Quarter 3.14 24-Mar-2020 - 24-Jun-2020 0.55 24-Dec-2019 - 24-Mar-2020
Year 9.86 07-Sep-2011 - 06-Sep-2012 4.37 27-May-2020 - 27-May-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.59 0.67 3.43 6.80 1.22 3.24
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Money Market 6.41 1.11 2.58 5.41 1.42 3.21
Rank within category 6 3 3 5 5 7
Number of funds in category 14 14 14 14 14 14

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 53 66 46 42
Modified Duration (yrs) 0.36 0.48 0.28 0.40
Average Maturity (yrs) 0.37 0.48 0.28 0.37
Yield to Maturity (%) 3.79 4.57 3.36 3.70
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 13.66 10.33
equal Export-Import Bank 184-D 24/09/2021 Certificate of Deposit A1+ 0.00 - 6.51 5.60
down 8.79% GOI 2021 Central Government Loan SOV 0.00 - 9.09 4.37
up Shriram Transport Finance 68-D 30/06/2021 Commercial Paper A1+ 0.00 - 3.76 3.76
equal National Bank Agr. Rur. Devp 164-D 30/07/2021 Commercial Paper A1+ 0.00 - 4.36 3.75
equal National Bank Agr. Rur. Devp 174-D 15/09/2021 Commercial Paper A1+ 0.00 - 4.34 3.74
equal Muthoot Finance 182-D 22/09/2021 Commercial Paper A1+ 0.00 - 4.33 3.73
equal Bajaj Housing Finance 365-D 30/03/2022 Commercial Paper A1+ 0.00 - 3.53 3.05
up IDFC First Bank 15/03/2022 Certificate of Deposit A1+ 0.00 - 3.05 3.05
down 6.17% GOI 15/07/2021 GOI Securities SOV 0.00 - 18.09 2.78
equal Reliance Industries 153-D 09/09/2021 Commercial Paper A1+ 0.00 - 2.62 2.49
equal Can Fin Homes 334-D 18/01/2022 Commercial Paper A1+ 0.00 - 2.49 2.15
equal Sun Pharmaceutical Inds. 293-D 15/06/2021 Commercial Paper A1+ 0.00 - 3.12 1.89
equal Bharti Airtel 180-D 02/06/2021 Commercial Paper A1+ 0.00 - 2.23 1.89
new Reserve Bank of India 182-D 19/08/2021 Treasury Bills SOV 0.00 - 1.87 1.87
new Bharti Airtel 273-D 03/09/2021 Commercial Paper A1+ 0.00 - 1.87 1.87
equal HDFC-Warrant 347-D 24/09/2021 Commercial Paper A1+ 0.00 - 1.96 1.87
new Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 1.86 1.86
new Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 1.86 1.86
new Tata Projects 179-D 16/11/2021 Commercial Paper A1+ 0.00 - 1.85 1.85
new Standard Chartered Invest&Loan 181-D 22/11/2021 Commercial Paper A1+ 0.00 - 1.60 1.60
equal Ultratech Cement 176-D 24/06/2021 Commercial Paper A1+ 0.00 - 1.48 1.26
equal Bharti Hexacom 328-D 25/08/2021 Commercial Paper A1+ 0.00 - 1.47 1.25
equal Hinduja Leyland Finance 91-D 23/07/2021 Commercial Paper A1+ 0.00 - 1.31 1.25
equal Reserve Bank of India 182-D 05/08/2021 Treasury Bills SOV 0.00 - 1.31 1.25

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2021

Fund Manager

— Amandeep Singh Chopra since 01-Jul-2015

Education: Mr. Chopra is a B.Sc. from St.Stephen's College and an MBA from FMS, Delhi.

Experience: He has been with UTI AMC since 1994 beginning with Investment Research and then moving into the area of Fund Management. Prior to this, he had an experience of 2 years of working with Aaina Exports Ltd and Stenay Ltd. He serves on the Executive Investment Committee (EIC), Valuation Committee and the Management Committee of UTI AMC Ltd. He is also a member of the Valuation Committee of the Association of Mutual Funds in India (AMFI).

Interviews:

Funds Managed:

— Amit Sharma since 08-Jul-2017

Education: Mr. Sharma is a B.Com, CA, FRM

Experience: He has been associated with the Dept. of Fund Management of UTI for the past 5 years.

Funds Managed:

Invest Online
0.01%

Change from previous, NAV as on 11-Jun-2021

Growth: ₹ 2,392.0988

IDCW Yearly: ₹ 1,424.7894

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IDCW Weekly: ₹ 1,050.3813

IDCW Quarterly: ₹ 1,147.7361

IDCW Monthly: ₹ 1,038.0728

IDCW Half Yearly: ₹ 1,344.1171

IDCW Fortnightly: ₹ 1,158.5130

IDCW Daily: ₹ 1,028.6170

Investment Strategy

The scheme seeks to generate reasonable income with high level of liquidity by investing in a portfolio of money market instruments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 06-Jul-2009
Return Since Launch: 7.58%
Benchmark: CRISIL Money Market Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 7,945 Cr (As on 31-May-2021)
Expense: 0.27% (As on 30-Apr-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily11-Jun-20210.0060

 10-Jun-20210.1740
 09-Jun-20210.0474
 08-Jun-20210.0708
 07-Jun-20210.2930
 04-Jun-20210.1043
 01-Jun-20210.0785
 31-May-20210.3385
 28-May-20210.0397
 25-May-20210.1594
 24-May-20211.3741
 26-Apr-20210.3264
 23-Apr-20210.1464
 22-Apr-20210.2439
 20-Apr-20210.0980
 19-Apr-20210.3688
 16-Apr-20210.0710
 15-Apr-20210.3334
 12-Apr-20210.3990
 09-Apr-20210.1324
 08-Apr-20210.0795
 07-Apr-20210.0566
 06-Apr-20210.4535
 05-Apr-20210.4900
 31-Mar-20210.1730
IDCW Fortnightly10-Jun-20211.8420

 25-May-20211.7780
 10-May-20211.4886
 26-Apr-20212.0566
 12-Apr-20212.4639
 25-Mar-20212.1997
 10-Mar-20211.2215
 25-Feb-20212.1694
 10-Feb-20211.9488
 25-Jan-20210.9644
 11-Jan-20211.4073
 28-Dec-20201.8653
 10-Dec-20201.3596
 25-Nov-20202.0888
 10-Nov-20201.7869
 26-Oct-20202.0220
 12-Oct-20203.0352
 25-Sep-20201.7835
 10-Sep-20201.8820
 25-Aug-20202.4192
 10-Aug-20201.6822
 27-Jul-20202.2694
 10-Jul-20204.1093
 25-Jun-20204.8086
 10-Jun-20200.7631
IDCW Monthly01-Jun-20212.7250

 03-May-20213.1630
 05-Apr-20214.5360
 01-Mar-20213.1825
 01-Feb-20212.3495
 01-Jan-20212.8926
 01-Dec-20203.3103
 02-Nov-20204.2522
 01-Oct-20203.3394
 01-Sep-20203.8501
 03-Aug-20205.5488
 01-Jul-20206.0022
 01-Jun-202010.3117
 04-May-20205.9758
 03-Apr-20205.3075
 02-Mar-20203.4846
 03-Feb-20203.7468
 01-Jan-20203.0050
 02-Dec-20193.8423
 01-Nov-20194.7695
 01-Oct-20193.6525
 03-Sep-20195.2668
 01-Aug-20196.9207
 01-Jul-20193.4433
 03-Jun-20197.0064
IDCW Weekly05-Jan-20210.6932

 29-Dec-20200.8512
 08-Sep-20200.1872
 11-Aug-20200.2436
 04-Aug-20200.9436
 28-Jul-20201.1797
 14-Jul-20201.8735
 07-Jul-202012.3367
 30-Jun-20201.3444
 23-Jun-20201.1978
 16-Jun-20201.5339
 09-Jun-20209.7235
 26-May-20201.3292
 19-May-20201.1677
 12-May-20201.1872
 05-May-20201.2345
 28-Apr-20201.1964
 21-Apr-20201.1430
 15-Apr-20200.1854
 04-Feb-20201.8450
 28-Jan-20202.2201
 21-Jan-20200.3577
 31-Dec-20191.5652
 24-Dec-20190.8058
 10-Dec-20191.0473

Contact Information

AMC: UTI Asset Management Company Ltd

Address: UTI Tower, 'GN' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022- 66786666 / 66786354 / 1800-22-1230

Fax: 022-26523031

Email: [email protected]

Website: http://www.utimf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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