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4 star

UTI Overnight Fund - Regular Plan download report


Debt: Overnight

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don't need for a few days up to a year.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
UTI Overnight Reg-G 1.74 0.01 0.09 0.36 0.97 1.80 3.40 3.63 4.40 5.37 6.29
CCIL T Bill Liquidity Weight 0.85 0.04 0.07 0.25 0.38 0.89 1.99 2.71 3.30 3.69 4.25
Debt: Overnight 1.72 0.01 0.09 0.36 0.96 1.79 3.37 3.59 4.46 5.02 6.03
Rank within category 6 6 8 6 6 6 7 4 -- -- --
Number of funds in category 29 30 30 30 30 29 29 17 3 3 3

As on 24-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.40 3.63 4.40 0.12% 8,751
Axis Overnight Fund - Regular Plan
4 star
Mar-19 3.43 3.66 -- 0.10% 10,000
Edelweiss Overnight Fund - Regular Plan  | Invest Online
4 star
Jul-19 3.35 -- -- 0.16% 978
Baroda BNP Paribas Overnight Fund - Regular Plan
4 star
Apr-19 3.40 3.66 -- 0.14% 605
Mirae Asset Overnight Fund - Regular Plan  | Invest Online
5 star
Oct-19 3.43 -- -- 0.21% 492

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.54 26-Dec-2008 - 02-Jan-2009 -2.14 02-Jan-2009 - 09-Jan-2009
Month 3.59 03-Dec-2008 - 02-Jan-2009 -1.26 02-Jan-2009 - 03-Feb-2009
Quarter 7.60 03-Oct-2008 - 02-Jan-2009 -1.68 05-Jan-2009 - 06-Apr-2009
Year 11.81 03-Jan-2008 - 02-Jan-2009 -0.95 02-Jan-2009 - 04-Jan-2010

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
UTI Overnight Reg-G 3.61 0.25 0.42 1.72 0.35 0.39
CCIL T Bill Liquidity Weight 2.69 0.37 -2.20 -4.41 -- --
Debt: Overnight 3.56 0.25 0.22 0.98 0.33 0.33
Rank within category 4 5 4 4 13 4
Number of funds in category 17 17 17 17 17 17

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

As on 31-May-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 1 1 1 2
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) 0.00 0.01 0.00 --
Yield to Maturity (%) -- 3.91 3.06 --
Avg Credit Rating Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Clearing Corporation Short Term Deposit -- 0.00 - 0.72 0.59

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-2022

Fund Manager

— Amit Sharma since 03-May-2018

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:


--

Change from previous, NAV as on 26-Jun-2022

Growth: ₹ 2,910.3975

IDCW Daily: ₹ 1,370.8617

IDCW: ₹ 1,499.3350


Investment Strategy

The scheme seeks to generate reasonable income, with low risk and high level of liquidity from a portfolio of overnight securities having a maturity of one day.

Investment Details

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

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 09-Dec-2003
Return Since Launch: 5.93%
Benchmark: CRISIL Overnight Fund AI Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 8,751 Cr (As on 31-May-2022)
Expense: 0.12% (As on 31-May-2022)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily24-Jun-20220.1737

 23-Jun-20220.1718
 22-Jun-20220.1710
 21-Jun-20220.1700
 20-Jun-20220.1708
 19-Jun-20220.1703
 18-Jun-20220.1704
 17-Jun-20220.1697
 16-Jun-20220.1651
 15-Jun-20220.1645
 14-Jun-20220.1643
 13-Jun-20220.1641
 12-Jun-20220.1652
 11-Jun-20220.1652
 10-Jun-20220.1647
 09-Jun-20220.1644
 08-Jun-20220.1647
 07-Jun-20220.1465
 06-Jun-20220.1464
 05-Jun-20220.1472
 04-Jun-20220.1472
 03-Jun-20220.1465
 02-Jun-20220.1469
 01-Jun-20220.1482
 31-May-20220.1499
IDCW22-Mar-202230.0000

 22-Mar-202120.0000
 26-Mar-202028.8129
 25-Mar-201928.8129
 26-Mar-20180.2889
 22-Mar-20170.5056
 28-Mar-20160.4334
 26-Mar-20150.2903
 25-Sep-20140.2727
 26-Mar-20140.1559
 26-Sep-20130.1559
 25-Mar-20130.2643
 26-Sep-20120.2643
 28-Mar-20120.5285
 29-Mar-20110.1757
 30-Sep-20100.0878
 29-Mar-20100.1314
 30-Sep-20090.0438
 30-Mar-20090.2628
 30-Sep-20080.1971
 30-Mar-20080.2143
 28-Sep-20070.2412
 30-Mar-20070.2193
 29-Sep-20060.1973
 27-Mar-20060.2193

Contact Information

AMC: UTI Asset Management Company Ltd

Address: 1st Floor, Signature, Office No.103 Valsad Dharampur Road Mumbai - 396001

Phone: 0263 2296993

Fax: (0260) 2421315

Website: http://www.utimf.com

Registrar & Transfer Agent: KFin Technologies 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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