These are the top-ranked funds within money market mutual funds.However, Scripbox does not recommend investing in money market mutual funds.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.
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Scheme Information
Investment Objective
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.
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.
UTI Asset Management Co Ltd manages assets worth 160,568 crores and was set up on 3 December 1993. It's current offering of mutual fund schemes includes 59 equity,485 debt and 34 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About UTI Money Market Fund Discontinued (G)
About UTI Money Market Fund Discontinued (G)
UTI Money Market Fund Discontinued (G) is a money market debt fund and has delivered an annualised return of 7.4% over a period of 24 years .The fund was previously known as UTI Money Market Reg Gr.The fund is managed by UTI Asset Management Co Ltd.The fund managers are Amandeep Chopra, Amit Sharma
UTI Money Market Fund Discontinued (G) Investment Objective
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. However, there is no assurance that the objective of the scheme will be realized.
UTI Money Market Fund Discontinued (G) NAV,AUM,Risk
The UTI Money Market Fund Discontinued (G) fund was launched on Apr 23, 1997. The NAV (Net Asset Value) of this money market debt as of 2021-07-27 is ₹ 5645.1045. The total AUM (Asset Under Management) of the fund as of 2021-07-28 is ₹ 6635.549. The category risk of the UTI Money Market Fund Discontinued (G) fund is Low to Moderate Risk.
The fund charges 0.26 % as expense ratio.
UTI Money Market Fund Discontinued (G) Holdings
The fund’s highest allocation is towards others and has invested 52.0% in this asset class. The top three holdings of the fund are 182 dtb 23122021,8.79% govt stock 2021 and 182 dtb 16122021
UTI Money Market Fund Discontinued (G) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 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.
UTI Money Market Fund Discontinued (G) Investment volatility and Horizon
This fund 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 TR INR.
UTI Money Market Fund Discontinued (G) Review
UTI Money Market Fund Discontinued (G) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, UTI Money Market Fund Discontinued (G) has a score of 4 out of 5.
The credit risk of the fund is 5 out of 5 as compared to other debt funds.
