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UTI Money Market Fund Institutional - Direct Plan


1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Analyst's Choice?

Suitability:

Money Market debt funds invest in bonds with maturity of up to 1 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 is negligible but they do not guarantee returns or safety of capital.

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 3 months maturity, from the one that invests in bonds maturing in 3-6 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 the next one year in a Liquid fund.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 7.83 0.49 1.61 8.32 7.63 7.84 --
CCIL T Bill Liquidity Weight 4.21 0.30 0.89 4.41 4.19 4.52 --
Debt: Money Market 7.70 0.49 1.64 8.17 7.35 7.79 --
Rank within category 9 11 16 10 6 7 --
Number of funds in category 17 19 19 17 13 13 0

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 0.97 (01-Mar-2019 - 02-Apr-2019) 0.37 (03-Apr-2019 - 03-May-2019)
Quarter 2.69 (24-Jul-2013 - 23-Oct-2013) 1.61 (27-Sep-2017 - 27-Dec-2017)
Year 9.87 (24-Jul-2013 - 24-Jul-2014) 6.78 (27-Nov-2016 - 27-Nov-2017)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.38 0.38 4.26 15.48 0.93 3.15
CCIL T Bill Liquidity Weight 4.11 0.25 -6.57 -10.84 -- --
Debt: Money Market 7.10 0.70 3.22 8.70 0.98 2.97
Rank within category 6 6 3 2 6 9
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-Nov-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 64 64 28 41
Modified Duration (yrs) -- 0.32 0.32 0.36
Average Maturity (yrs) 0.37 0.69 0.19 0.36
Yield to Maturity (%) -- 8.45 5.55 5.51

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Export-Import Bank 27/03/2020 Certificate of Deposit A1+ 0.00 - 7.83 4.05
equal Andhra Bank 26/03/2020 Certificate of Deposit A1+ 0.00 - 5.33 4.04
new Indusind Bank 20/05/2020 Certificate of Deposit A1+ 0.00 - 3.70 3.70
new Reliance Industries 180-D 18/05/2020 Commercial Paper A1+ 0.00 - 3.70 3.70
equal Can Fin Homes 363-D 01/06/2020 Commercial Paper A1+ 0.00 - 4.83 3.68
new Reliance Industries 109-D 06/03/2020 Commercial Paper A1+ 0.00 - 3.12 3.12
equal Andhra Bank 2020 Certificate of Deposit A1+ 0.00 - 3.26 3.12
equal Oriental Bank of Com. 13/03/2020 Certificate of Deposit A1+ 0.00 - 3.87 2.93
new Tata Power 89-D 18/12/2019 Commercial Paper A1+ 0.00 - 2.84 2.84
up IDFC First Bank 20/03/2020 Certificate of Deposit A1+ 0.00 - 2.80 2.80
equal Cholamandalam Invest. & Fin. 364-D 04/03/2020 Commercial Paper A1+ 0.00 - 3.28 2.50
equal ICICI Bank 23/03/2020 Certificate of Deposit A1+ 0.00 - 3.29 2.49
equal JSW Steel 170-D 06/03/2020 Commercial Paper A1+ 0.00 - 3.09 2.49
new Indusind Bank 24/03/2020 Certificate of Deposit A1+ 0.00 - 2.49 2.49
equal SIDBI 15/05/2020 Securitised Debt A1+ 0.00 - 3.25 2.47
new Tata Capital Financial Services 180-D 18/05/2020 Commercial Paper A1+ 0.00 - 2.46 2.46
new Axis Finance 179-D 15/05/2020 Commercial Paper A1+ 0.00 - 2.46 2.46
new Indusind Bank 29/06/2020 Certificate of Deposit A1+ 0.00 - 2.45 2.45
equal Tata Capital Financial Services 365-D 27/08/2020 Commercial Paper A1+ 0.00 - 2.99 2.42
new Andhra Bank 2020 Certificate of Deposit A1+ 0.00 - 2.10 2.10
equal National Bank Agr. Rur. Devp 18/02/2020 Commercial Paper A1+ 0.00 - 2.65 2.00
new Adani Ports and Special Economic Zone 81-D 07/02/2020 Commercial Paper A1+ 0.00 - 1.88 1.88
equal SIDBI 14/02/2020 Commercial Paper A1+ 0.00 - 2.48 1.88
equal Oriental Bank of Com. 2020 Certificate of Deposit A1+ 0.00 - 6.73 1.56
new Aditya Birla Finance 291-D 13/03/2020 Commercial Paper A1+ 0.00 - 1.56 1.56

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-Nov-2019

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 associated with UTI AMC for over two decades.

Interviews:

Funds Managed:

— Amit Sharma since 08-Jul-2017

Experience: He has been associated with the Dept. of Fund Management of UTI for the past 4 years.

Funds Managed:


0.01%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 2,229.6659

Flexi Dividend: ₹ 1,143.1278

More

Dividend Yearly: ₹ 1,323.4077

Dividend Weekly: ₹ 1,014.8049

Dividend Quarterly: ₹ 1,182.6678

Dividend Monthly: ₹ 1,137.5256

Dividend Half Yearly: ₹ 1,245.8526

Dividend Fortnightly: ₹ 1,250.8063

Dividend Daily: ₹ 1,003.3854


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 (₹) 10,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 10,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 01-Jan-2013
Benchmark: CRISIL Money Market Index
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 7,902 Cr (As on 30-Nov-2019)
Expense: 0.17% (As on 30-Nov-2019)
Risk Grade: --
Return Grade: Above Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily13-Dec-20190.1065

 12-Dec-20190.1101
 11-Dec-20190.1447
 10-Dec-20190.1463
 09-Dec-20190.3506
 06-Dec-20190.1628
 05-Dec-20190.0300
 04-Dec-20190.1251
 03-Dec-20190.1279
 02-Dec-20190.4281
 29-Nov-20190.1345
 28-Nov-20190.2047
 27-Nov-20190.2371
 26-Nov-20190.1275
 25-Nov-20190.3875
 22-Nov-20190.1892
 21-Nov-20190.2485
 20-Nov-20190.1385
 19-Nov-20190.1294
 18-Nov-20190.3833
 15-Nov-20190.1280
 14-Nov-20190.1296
 13-Nov-20190.2553
 11-Nov-20190.3837
 08-Nov-20190.1282
Dividend Fortnightly10-Dec-20191.9536

 25-Nov-20192.3622
 11-Nov-20192.5035
 25-Oct-20192.6781
 10-Oct-20193.6229
 25-Sep-20191.2579
 11-Sep-20193.0442
 26-Aug-20192.0814
 13-Aug-20194.8177
 25-Jul-20193.3016
 10-Jul-20193.9152
 25-Jun-20192.3508
 10-Jun-20192.9134
 27-May-20194.5321
 10-May-20192.8851
 25-Apr-20191.5788
 10-Apr-20194.6218
 25-Mar-20192.9334
 11-Mar-20192.7728
 25-Feb-20192.7092
 11-Feb-20193.5381
 25-Jan-20193.0563
 10-Jan-20193.4303
 26-Dec-20183.3718
 10-Dec-20182.9242
Dividend Monthly02-Dec-20195.0080

 01-Nov-20194.6709
 01-Oct-20194.7033
 03-Sep-20195.0695
 01-Aug-20195.0020
 01-Jul-20194.8790
 03-Jun-20195.3786
 02-May-20195.3176
 02-Apr-20195.8575
 01-Mar-20195.0467
 01-Feb-20195.7033
 01-Jan-20195.5875
 03-Dec-20185.6980
 01-Nov-20185.5164
 01-Oct-20184.9064
 03-Sep-20185.7420
 01-Aug-20185.2151
 02-Jul-20185.2349
 01-Jun-20185.1517
 02-May-20185.8989
 03-Apr-20174.7535
 01-Mar-20173.9212
 01-Feb-20174.1566
 02-Jan-20174.3521
 01-Dec-20164.3490
Dividend Weekly10-Dec-20190.5070

 03-Dec-20190.9641
 26-Nov-20190.9374
 19-Nov-20190.8032
 13-Nov-20190.8029
 05-Nov-20191.0428
 29-Oct-20190.8937
 22-Oct-20190.9052
 15-Oct-20191.0091
 09-Oct-20191.2866
 01-Oct-20191.5990
 24-Sep-20190.1808
 17-Sep-20190.7242
 11-Sep-20191.1125
 03-Sep-20191.0739
 27-Aug-20191.1406
 20-Aug-20190.8287
 13-Aug-20191.4715
 06-Aug-20191.5599
 30-Jul-20191.0951
 23-Jul-20190.9652
 16-Jul-20191.9287
 09-Jul-20191.8152
 02-Jul-20190.9204
 25-Jun-20190.8866

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: www.utimf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM