UTI Mutual Fund

UTI Overnight Fund Direct Plan Growth

DebtOvernight
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Top Ranked

₹ 3454.13

NAV (Jan 22)

6.093%
3 Year CAGR
Scripbox Opinion
not-recommended
Top Ranked
These are the top-ranked funds within overnight mutual funds.Overnight Funds invest in securities with a maturity of 1 day.

These investments have very low interest rate risk; however this also reduces return.

The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.

Our analysis of this fundLearn how we rate funds ->

Consistency of Credit quality

Satisfactory

The performance of the fund on a Consistency of Credit Quality metric has been Satisfactory

Fund Size

Satisfactory

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

Scripbox Recommended Overnight Funds
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Want the most stable overnight funds for your portfolio?Learn morecheveron-blue

Scheme Information

Investment Objective

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.

Expense Ratio
0.06 %
Launched
-
AUM in Crores
5423.9
ISIN
INF789FB1S71
Lock-in (days)
No Lock-in
Benchmark
CRISIL Liquid Overnight Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
0.3
Beta
0.6
Sharpe Ratio
-0.3
YTM
-
asset-allocation

Asset allocation and Holdings

Last updated on 2025-01-22

Top Debt Holdings

Others

94.63%
94.634%

Reserve Bank of India

2.65%
2.648%

Reserve Bank of India

1.33%
1.326%

Reserve Bank of India

1.32%
1.321%

Clearing Corporation of India

0.07%
0.071%
See all holdings
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Frequently Asked Questions

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