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.
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.
Low
Moderately Low
Moderate
Moderately High
High
Moderately Low risk
0.27%
Expense Ratio
23rd Apr, 1997
Launched (23y ago)
₹
7,004
AUM in Crores
INF789F01BF5
ISIN
No Lock-in
Lock-in
CRISIL Money Market TR INR
Benchmark
₹
0
SIP Minimum
₹
10000
Lumpsum Min.
Fund Managers
Amandeep Chopra
Fund Manager
Amit Sharma
Fund Manager
Returns Calculator Comparison
of
for
Instrument
Returns
Total Corpus
Gains
Annualised %
Mutual Fund
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
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 Company Ltd manages assets worth ₹ 129,633 crores. It's current offering of mutual fund schemes includes 56 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.
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
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.
Not 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.
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are
preferred
Category View
We check if the sub-category of the fund is recommended by us
Consistency Of 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
Relative 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 Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Equity Funds
Debt Funds
How to invest in best mutual funds?
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The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7
years
You'll never have to worry about what funds to choose. We'll suggest
what's best for you.
Continuous monitoring alerts
We will track our recommendations and suggest changes fund exists
whenever required.
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Our customer champions are available 7 days a week from 8AM to 8PM.
Annual reviews rebalances
We review your investments and make course corrections every year to
make the best out of your investments
About UTI Money Market Fund Discontinued (Growth)
About UTI Money Market Fund Discontinued (Growth)
UTI Money Market Fund Discontinued (Growth) is a Money Market Debt fund and has delivered an annualised return of 7.54% over a period of 23 years.
The fund was previously known as UTI Money Market Reg Gr.
The fund is managed by UTI Asset Management Company Ltd.
The fund managers are Amandeep Chopra, Amit Sharma.
UTI Money Market Fund Discontinued (Growth) 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 (Growth) NAV, AUM and Risk
The fund was launched on 1997-04-23. The NAV of the fund as of 2020-09-18 is ₹ 5485.20. The total AUM of the fund as of 2020-09-18 is ₹ 7,004 Cr. The category risk of the fund is Moderately Low risk
The fund charges 0.27 % as expense ratio.
UTI Money Market Fund Discontinued (Growth) Holdings
The fund’s highest allocation is towards others and has invested 84.47% in this asset class.
The top three holdings of the fund are net current assets, larsen and toubro limited and 182 dtb 25022021.
UTI Money Market Fund Discontinued (Growth) 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 ₹ 10000.
UTI Money Market Fund Discontinued (Growth) 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.
