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3 star

UTI Money Market Fund - Regular Plan


Debt: Money Market

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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(₹)
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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 2.98 0.01 0.09 0.27 0.93 1.93 3.80 6.27 6.57 7.04 7.73
CCIL T Bill Liquidity Weight 1.64 0.03 0.06 0.17 0.57 1.12 2.12 3.34 3.63 4.07 4.53
Debt: Money Market 2.75 0.01 0.09 0.24 0.88 1.79 3.53 5.96 6.30 6.88 7.61
Rank within category 6 11 15 1 4 6 6 6 4 5 6
Number of funds in category 18 20 20 20 18 18 17 14 12 12 12

As on 14-Oct-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 3.80 6.27 6.57 0.26 8,822
Aditya Birla Sun Life Money Manager Fund  | Invest Online
5 star
Oct-05 3.92 6.54 6.76 0.33 14,464
HDFC Money Market Fund  | Invest Online
5 star
Nov-99 3.81 6.45 6.57 0.35 14,252
ICICI Prudential Money Market Fund  | Invest Now
4 star
Mar-06 3.73 6.28 6.55 0.33 13,155
Tata Money Market Fund - Regular Plan  | Invest Online
4 star
May-03 4.00 4.38 5.08 0.43 6,945

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 3.80 14-Oct-2020 - 14-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.18 0.71 3.16 7.33 1.31 3.03
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Money Market 6.05 1.10 2.43 6.15 1.50 3.01
Rank within category 7 6 3 5 4 7
Number of funds in category 15 15 15 15 15 15

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

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 54 66 44 43
Modified Duration (yrs) 0.23 0.48 0.23 0.31
Average Maturity (yrs) 0.23 0.48 0.23 0.32
Yield to Maturity (%) 3.68 3.89 3.36 3.78
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 Reserve Bank of India 182-D 23/12/2021 Treasury Bills SOV 0.00 - 16.22 13.38
down Reserve Bank of India 182-D 16/12/2021 Treasury Bills SOV 0.00 - 5.93 4.73
down 8.79% GOI 2021 Central Government Loan SOV 0.00 - 9.09 3.82
equal Export-Import Bank 169-D 29/12/2021 Certificate of Deposit A1+ 0.00 - 3.37 3.37
equal Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 3.22 3.22
equal Reliance Industries 146-D 20/12/2021 Commercial Paper A1+ 0.00 - 2.81 2.81
equal IDFC First Bank 15/03/2022 Certificate of Deposit A1+ 0.00 - 3.66 2.79
equal Bajaj Housing Finance 365-D 30/03/2022 Commercial Paper A1+ 0.00 - 3.65 2.78
equal ICICI Securities 177-D 17/12/2021 Commercial Paper A1+ 0.00 - 2.25 2.25
equal Export-Import Bank 184-D 30/12/2021 Certificate of Deposit A1+ 0.00 - 2.96 2.25
equal ICICI Securities 222-D 16/03/2022 Commercial Paper A1+ 0.00 - 2.23 2.23
equal Tata Capital Housing Finance 212-D 25/02/2022 Commercial Paper A1+ 0.00 - 2.23 2.23
equal HDFC Bank 21/03/2022 Certificate of Deposit A1+ 0.00 - 2.23 2.23
equal Can Fin Homes 334-D 18/01/2022 Commercial Paper A1+ 0.00 - 2.58 1.96
down Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 3.40 1.86
equal Jamnagar Utilities and Power 140-D 27/12/2021 Commercial Paper A1+ 0.00 - 1.69 1.69
equal Sikka Ports and Terminals 157-D 30/12/2021 Commercial Paper A1+ 0.00 - 1.69 1.69
equal Tata Projects 179-D 16/11/2021 Commercial Paper A1+ 0.00 - 2.23 1.69
equal Bharti Hexacom 183-D 15/10/2021 Commercial Paper A1+ 0.00 - 1.49 1.13
equal HDFC-Warrant 342-D 28/02/2022 Commercial Paper A1+ 0.00 - 1.47 1.12
equal Hero FinCorp 356-D 09/02/2022 Commercial Paper A1+ 0.00 - 1.47 1.12
equal Indusind Bank 28/12/2021 Certificate of Deposit A1+ 0.00 - 1.48 1.12
equal Network 18 Media & Inv 320-D 14/03/2022 Commercial Paper A1+ 0.00 - 1.46 1.11
equal Kotak Mahindra Investments 220-D 07/03/2022 Commercial Paper A1+ 0.00 - 1.11 1.11
equal Credit Suisse Finance 231-D 15/03/2022 Commercial Paper A1+ 0.00 - 1.11 1.11

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 30-Sep-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:


0.01%

Change from previous, NAV as on 14-Oct-2021

Growth: ₹ 2,422.9549

IDCW Yearly: ₹ 1,443.1679

More

IDCW Weekly: ₹ 1,063.9300

IDCW Quarterly: ₹ 1,162.5409

IDCW Monthly: ₹ 1,038.3988

IDCW Half Yearly: ₹ 1,361.4942

IDCW Fortnightly: ₹ 1,158.7752

IDCW Daily: ₹ 1,040.1092


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: 7.47%
Benchmark: CRISIL Money Market Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 8,822 Cr (As on 30-Sep-2021)
Expense: 0.26% (As on 31-Aug-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Fortnightly11-Oct-20211.5370

 27-Sep-20211.3016
 13-Sep-20212.1711
 25-Aug-20212.1550
 11-Aug-20211.6897
 26-Jul-20211.8343
 12-Jul-20212.4365
 25-Jun-20211.4732
 10-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
IDCW Monthly01-Oct-20212.6056

 01-Sep-20213.5388
 02-Aug-20213.6524
 01-Jul-20213.1913
 01-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
IDCW Daily25-Aug-20210.1147

 24-Aug-20210.1020
 23-Aug-20210.3504
 22-Jun-20210.0364
 21-Jun-20210.3769
 18-Jun-20210.1240
 17-Jun-20210.1378
 16-Jun-20210.1019
 15-Jun-20210.1009
 14-Jun-20210.3133
 11-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
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

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over