- Mutual Funds
- UTI Mutual Fund
- UTI Money Market Fund (Growth)
Formerly UTI Money Market Instl Gr
UTI Money Market Fund (Growth)
₹ 2735.0458
NAV (Nov 29)
Money Market Funds invest in money market instruments with maturity upto 1 year.
This category accounts for close to 5% of the total Debt fund assets.
Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 2735.0458
NAV (Nov 29)
Fund Returns
Last 1Y | 7.4% |
Last 3Y | 5.2% |
Last 5Y | 6% |
Last 10Y | 7% |
Since Inception | 7.2% |
6 Month CAGR | 3.6% |
Scheme Information
The investment objective of the scheme is to generate reasonable income with high level of liquidity by investing in a portfolio of money market instruments. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.
Expense Ratio | 0.27 |
Launched (14y ago) | Jul 13, 2009 |
AUM in Crores | 12250.976 |
ISIN | INF789F01PX8 |
Lock-in | No Lock-in |
Benchmark | CRISIL Money Market A-I TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.5 |
Standard Deviation (5yr) | 0.6 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.821 |
Sharpe Ratio (5yr) | 1.876 |
YTM | 7.48 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| UTI Money Market Fund (Growth) | 8,46,471 | 1,13,859 | 6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
dbs bank india ltd.
4.1%rural electrification corporation limited
4%hdfc bank limited
3.7%national bank for agriculture and rural development
3.6%shriram transport finance company limited
2.8%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 40,756 cr | ||
₹ 16,858 cr | ||
₹ 11,326 cr | ||
₹ 13,754 cr | ||
₹ 10,873 cr |
About the AMC
UTI Asset Management Company Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.9% | 6.8% | ||
5.2% | 7.2% | ||
16.3% | 11.6% | ||
19.7% | 14.9% | ||
11.7% | 8.7% |
UTI Money Market Fund (G) Review
UTI Money Market Fund (G) is a Money Market Debt fund and has delivered an annualised return of 7.2% over a period of 14 years. The fund was previously known as UTI Money Market Instl Gr. The fund is managed by UTI Asset Management Co Ltd. The fund managers are Amandeep Chopra, Amit Sharma, Anurag Mittal.
Nav of UTI Money Market Fund (G) as of 11/29/2023 is ₹2735.05 with the total AUM as of 11/30/2023 is ₹12250.976. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Money Market Fund (G) was launched on Jul 13, 2009. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for UTI Money Market Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
UTI Money Market Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Money Market A-I TR INR.
UTI Money Market Fund (G) is rated as a 4 fund in Debt and delivered 7.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with UTI Money Market Fund (G).
Frequently Asked Questions
What is UTI Money Market Fund (G)?
How to invest in UTI Money Market Fund (G)?
You can invest in UTI Money Market Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of UTI Money Market Fund (G)?
The minimum sip amount for UTI Money Market Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is UTI Money Market Fund (G) good to invest in?
As per Scripbox experts, UTI Money Market Fund (G) is a Top Ranked fund. You can investUTI Money Market Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the UTI Money Market Fund (G)?
The expense ratio of the UTI Money Market Fund (G) is 0.27% for regular plan.