- Mutual Funds
- UTI Mutual Fund
- UTI Overnight Fund (RIDCW-M)
Formerly UTI Overnight Reg Dl DR
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1370.8617
NAV (Apr 17)
Fund Returns
Last 1Y | 6.3% |
Last 3Y | 4.9% |
Last 5Y | 4.2% |
Last 10Y | 5.6% |
Since Inception | 5.6% |
6 Month CAGR | 3% |
Scheme Information
The investment objective of the scheme is to generate reasonable income,with low risk and high level of liquidity from a portfolio of overnight securities having a maturity of one day. 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 | 0.1 |
Launched (10y ago) | Apr 03, 2014 |
AUM in Crores | 2978.147 |
ISIN | INF789FB1T13 |
Lock-in | No Lock-in |
Benchmark | CRISIL Liquid Overnight TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 20000 |
Standard Deviation (3yr) | 0.5 |
Standard Deviation (5yr) | 0.5 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -2.432 |
Sharpe Ratio (5yr) | -3.305 |
YTM | 6.94 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| UTI Overnight Fund (RIDCW-M) | 8,10,001 | 77,389 | 4.2% | |
| 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
net current assets
89.3%india (republic of)
3%182 Days Treasury Bill 04-04-2024
1.7%182 Days Treasury Bill 11-04-2024
1.7%91 Days Treasury Bill 11-04-2024
1.7%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
UTI Asset Management Company Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.5% | 6.9% | ||
5.8% | 7.3% | ||
5.5% | 6.8% | ||
15.8% | 11.9% | ||
18.8% | 15.2% |
UTI Overnight Fund (RIDCW-M) Review
UTI Overnight Fund (RIDCW-M) is a Overnight Debt fund and has delivered an annualised return of 5.6% over a period of 10 years. The fund was previously known as UTI Overnight Reg Dl DR. The fund is managed by UTI Asset Management Co Ltd. The fund managers are Amandeep Chopra, Amit Sharma.
Nav of UTI Overnight Fund (RIDCW-M) as of 4/17/2024 is ₹1370.86 with the total AUM as of 4/18/2024 is ₹2978.147. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Overnight Fund (RIDCW-M) was launched on Apr 03, 2014. The category risk of the fund is Low Risk.
The minimum SIP amount for UTI Overnight Fund (RIDCW-M) 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 Overnight Fund (RIDCW-M) 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 Liquid Overnight TR INR.
UTI Overnight Fund (RIDCW-M) is rated as a 4 fund in Debt and delivered 6.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with UTI Overnight Fund (RIDCW-M).
Frequently Asked Questions
What is UTI Overnight Fund (RIDCW-M)?
How to invest in UTI Overnight Fund (RIDCW-M)?
You can invest in UTI Overnight Fund (RIDCW-M) 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 Overnight Fund (RIDCW-M)?
The minimum sip amount for UTI Overnight Fund (RIDCW-M) is ₹1000. You can invest in multiples of ₹20000.
Is UTI Overnight Fund (RIDCW-M) good to invest in?
As per Scripbox experts, UTI Overnight Fund (RIDCW-M) is a Top Ranked fund. You can investUTI Overnight Fund (RIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the UTI Overnight Fund (RIDCW-M)?
The expense ratio of the UTI Overnight Fund (RIDCW-M) is 0.1% for regular plan.