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  • UTI Mutual Fund
  • UTI Money Market Fund (RIDCW-15D)

Formerly UTI Money Market Reg Frntly DR

UTI Mutual Fund

UTI Money Market Fund (RIDCW-15D)

DebtMoney Market
Top Ranked

1159.4991

NAV (Jun 14)

6%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within 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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Rolling Returns

Good

The performance of the fund on a Rolling Returns metric has been Good

Invest in this fund
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1159.4991

NAV (Jun 14)

Fund Returns

Last 1Y
7.5%
Last 3Y
6%
Last 5Y
6%
Last 10Y
6.9%
Since Inception
7.3%
6 Month CAGR
3.9%

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.

Expense Ratio
0.27
Launched (9y ago)
Sep 03, 2015
AUM in Crores
14121.206
ISIN
INF789FA1L13
Lock-in
No Lock-in
Benchmark
CRISIL Money Market A-I TR INR
SIP Minimum
1000
Lumpsum Min.
20000
Standard Deviation (3yr)
0.5
Standard Deviation (5yr)
0.6
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
1.036
Sharpe Ratio (5yr)
-0.04
YTM
7.6
Fund Managers

Amit Sharma

Fund Manager

Anurag Mittal

Fund Manager

Amandeep Chopra

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
UTI Money Market Fund (RIDCW-15D)70%8,30,002 97,3905.2%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-06-14

Top Debt Holdings

canara bank

5.7%
5.7%

india (republic of)

4.9%
4.9%

india (republic of)

3.5%
3.5%

net current assets

3.3%
3.3%

bajaj housing finance ltd.

3.3%
3.3%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

UTI Asset Management Company Ltd

UTI Asset Management Co Ltd manages assets worth 230,654 crores and was set up on 3 December 1993. It's current offering of mutual fund schemes includes 74 equity,579 debt and 34 hybrid funds.amc-img
phone-img022-62278000
Fund NameScripbox Opinion
Till Date CAGR

5.7%

6.9%

15%

12.1%

6%

7.3%

5.7%

6.8%

18.1%

15.4%

UTI Money Market Fund (RIDCW-15D) Review

UTI Money Market Fund (RIDCW-15D) is a Money Market Debt fund and has delivered an annualised return of 5.8% over a period of 8 years. The fund was previously known as UTI Money Market Reg Frntly DR. 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 (RIDCW-15D) as of 6/14/2024 is ₹1159.50 with the total AUM as of 6/16/2024 is ₹14121.206. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Money Market Fund (RIDCW-15D) was launched on Sep 03, 2015. The category risk of the fund is Moderate Risk.

The minimum SIP amount for UTI Money Market Fund (RIDCW-15D) 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 ₹20000. Check your estimated returns on mutual funds by using sip calculator.

UTI Money Market Fund (RIDCW-15D) 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 (RIDCW-15D) is rated as a 4 fund in Debt and delivered 7.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with UTI Money Market Fund (RIDCW-15D).

Frequently Asked Questions

What is UTI Money Market Fund (RIDCW-15D)?

UTI Money Market Fund (RIDCW-15D) is a Money Market Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in UTI Money Market Fund (RIDCW-15D)?

You can invest in UTI Money Market Fund (RIDCW-15D) 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 (RIDCW-15D)?

The minimum sip amount for UTI Money Market Fund (RIDCW-15D) is ₹1000. You can invest in multiples of ₹20000.

Is UTI Money Market Fund (RIDCW-15D) good to invest in?

As per Scripbox experts, UTI Money Market Fund (RIDCW-15D) is a Top Ranked fund. You can investUTI Money Market Fund (RIDCW-15D) 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 (RIDCW-15D)?

The expense ratio of the UTI Money Market Fund (RIDCW-15D) is 0.27% for regular plan.