UTI Money Market Fund Direct-Growth is a debt mutual fund scheme offered by UTI Mutual Fund. With an impressive Asset Under Management (AUM) of ₹16,113.17 Crores, this fund has delivered remarkable returns to investors. The latest Net Asset Value (NAV) is ₹2974.810 as of 20th November 2024.
The return performance of the UTI Money Market Fund has been 7.79% during the past year, 21.28% for the past three years and 131.21% since the scheme’s debut.
Here’s a detailed look at the fund’s performance, holdings and sector.
UTI Money Market Fund Return
| Period | This fund | Category average |
|---|---|---|
| 1 month | 0.58% | 0.57% |
| 3 months | 1.87% | 1.84% |
| 6 months | 3.76% | 3.7% |
| 1 year | 7.79% | 7.67% |
| 3 years | 6.63% | 6.48% |
| 5 years | 6.01% | 5.9% |
| 10 years | 6.94% | 6.91% |
UTI Money Market Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
Reserve Bank of India
|
Financial | T-Bills | 6.28% |
|
Canara Bank
|
Financial | CD | 4.23% |
|
Bajaj Housing Finance Ltd.
|
Financial | CP | 3.02% |
|
DBS Bank Ltd.
|
Financial | CD | 2.72% |
|
HDFC Bank Ltd.
|
Financial | CD | 2.42% |
Sector Allocation in UTI Money Market Fund
| Category | Percentage | Value |
|---|---|---|
| Cash Holding | 0.52% | ₹83.40 Cr |
| Others | 99.48% | ₹16,029.38 Cr |
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.
