Loading...
UTI Money Market Fund Direct Growth
DebtMoney MarketModerate Risk
Direct
NAV (21-Nov-24)
₹2975.800.03%1D
Returns (Since Inception)
7.31%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹16,113 Cr
Expense Ratio
0.15%
ISIN
INF789F01XV6
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
UTI Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by UTI Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹2975.80, Assets Under Management (AUM) of 16113.17 Crores, and an expense ratio of 0.15%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹2975.80, Assets Under Management (AUM) of 16113.17 Crores, and an expense ratio of 0.15%.
- UTI Money Market Fund Direct Growth has given a CAGR return of 7.31% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 9.29% in debts, and 90.48% in cash & cash equivalents.
- You can start investing in UTI Money Market Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.81%
— (Cat Avg.)
3 Years
+6.65%
— (Cat Avg.)
5 Years
+6.01%
— (Cat Avg.)
10 Years
+6.94%
— (Cat Avg.)
Since Inception
+7.31%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹1,497.15 Cr | 9.29% |
| Others | ₹14,616.02 Cr | 90.71% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 182 DTB 18102024 | Bond - Gov't/Treasury | ₹1,012.26 Cr | 6.28% |
| Cd - Canara Bank - 20/03/2025 | Cash | ₹681.07 Cr | 4.23% |
| Cp Icici Securities Ltd. | Cash | ₹633.72 Cr | 3.93% |
| Cp Bajaj Housing Finance Ltd | Cash | ₹487 Cr | 3.02% |
| Cp Lic Housing Finance Ltd. | Cash | ₹485.2 Cr | 3.01% |
| Cd - Dbs Bank Ltd - 07/03/25 | Cash | ₹438.83 Cr | 2.72% |
| Cp Bharti Telecom Ltd. | Cash | ₹399.72 Cr | 2.48% |
| Cd - Hdfc Bank - 06/03/25 | Cash | ₹390.24 Cr | 2.42% |
| Cd - S I D B I - 07/02/25 | Cash | ₹343.31 Cr | 2.13% |
| Cd - Icici Bank - 27/02/2025 | Cash | ₹342.03 Cr | 2.12% |
| Cp Small Industries Development Bank Of India | Cash | ₹339.27 Cr | 2.11% |
| Cd - Hdfc Bank - 10/10/25 | Cash | ₹326.81 Cr | 2.03% |
| Cd - Kotak Mah Bank - 29/01/25 | Cash | ₹294.86 Cr | 1.83% |
| Cd - Hdfc Bank - 03/02/2025 | Cash | ₹294.53 Cr | 1.83% |
| 182 D Tbill Mat - 14/02/2025 | Bond - Gov't/Treasury | ₹294.44 Cr | 1.83% |
| Cd - Hdfc Bank - 28/02/25 | Cash | ₹293.11 Cr | 1.82% |
| Cp Birla Group Holdings Private Limited | Cash | ₹292.46 Cr | 1.82% |
| Cd - Federal Bank - 15/05/2025 | Cash | ₹288.41 Cr | 1.79% |
| Cd - Indus Ind Bank - 05/06/25 | Cash | ₹287.18 Cr | 1.78% |
| Cd - Axis Bank - 05/09/2025 | Cash | ₹282.2 Cr | 1.75% |
| Cp Igh Holdings Private Limited | Cash | ₹272.23 Cr | 1.69% |
| Cd - S I D B I - 10/06/25 | Cash | ₹263.15 Cr | 1.63% |
| Cd- Canara Bank 03/09/2025 | Cash | ₹258.83 Cr | 1.61% |
| Cd - Au Small Fin Bank - 25/02/25 | Cash | ₹244.15 Cr | 1.52% |
| Cp Shriram Finance Ltd | Cash | ₹242.98 Cr | 1.51% |
| Cd - Idfc First Bank - 29/05/25 | Cash | ₹239.68 Cr | 1.49% |
| 182 DTB 07112024 | Bond - Gov't/Treasury | ₹199.79 Cr | 1.24% |
| Cd - Kotak Mahindra Bank - 05/02/25 | Cash | ₹196.29 Cr | 1.22% |
| Cd - Nabard - 07/02/2025 | Cash | ₹196.18 Cr | 1.22% |
| Cp Aditya Birla Finance Ltd. | Cash | ₹194.9 Cr | 1.21% |
| Cd - Nabard - 18/03/25 | Cash | ₹194.65 Cr | 1.21% |
| Cd - Federal Bank - 09/05/2025 | Cash | ₹192.5 Cr | 1.19% |
| Cd - Federal Bank - 09/0925 | Cash | ₹187.86 Cr | 1.17% |
| Cd - Axis Bank - 10/10/25 | Cash | ₹186.76 Cr | 1.16% |
| Cp Infina Finance Private Limited | Cash | ₹173.17 Cr | 1.07% |
| Cp 360 One Prime Ltd | Cash | ₹170.72 Cr | 1.06% |
| Cd - N A B A R D - 12/02/25 | Cash | ₹146.99 Cr | 0.91% |
| Cd - N A B A R D -26/02/25 | Cash | ₹146.59 Cr | 0.91% |
| Cp Hinduja Leyland Finance Ltd. | Cash | ₹146.34 Cr | 0.91% |
| Cd - Nabard - 07/03/2025 | Cash | ₹146.3 Cr | 0.91% |
| Cd - Canara Bank - 12/03/25 | Cash | ₹146.17 Cr | 0.91% |
| Cp Tmf Holdings Ltd | Cash | ₹146.12 Cr | 0.91% |
| Cd - Punjab & Sindh Bank - 13/03/25 | Cash | ₹146.08 Cr | 0.91% |
| Cd - Au Small Fin Bank - 19/08/25 | Cash | ₹141.23 Cr | 0.88% |
| Cd - Hdfc Bank - 19/09/2025 | Cash | ₹140.71 Cr | 0.87% |
| 08.09 Ts SDL 2025 | Bond - Gov't/Treasury | ₹135.42 Cr | 0.84% |
| Cd - Icici Bank - 31/01/25 | Cash | ₹122.8 Cr | 0.76% |
| Cp Cholamandalam Investment And Finance Company Limited | Cash | ₹122.25 Cr | 0.76% |
| Cd - Hdfc Bank - 12/03/2025 | Cash | ₹121.81 Cr | 0.76% |
| Cd - Indisind Bank - 13/03/25 | Cash | ₹121.74 Cr | 0.76% |
| 08.08 CG Sdl 2025 | Bond - Gov't/Treasury | ₹100.31 Cr | 0.62% |
| 7.52% GJ Sdl 08/03/2025 | Bond - Gov't/Treasury | ₹100.29 Cr | 0.62% |
| Cd - Kotak Mahindra Bank - 16/01/2025 | Cash | ₹98.53 Cr | 0.61% |
| Cp Godrej Housing Finance Ltd | Cash | ₹98.16 Cr | 0.61% |
| Cd - Axis Bank - 21/02/25 | Cash | ₹97.83 Cr | 0.61% |
| Cd - Axis Bank - 27/02/2025 | Cash | ₹97.72 Cr | 0.61% |
| Cp - Small Inds Dev Bank - 27/02/2025 | Cash | ₹97.71 Cr | 0.61% |
| Cd - Indian Bank - 13/03/25 | Cash | ₹97.43 Cr | 0.60% |
| Cd - Hdfc Bank Ltd - 15/09/25 | Cash | ₹93.88 Cr | 0.58% |
| Cp Mahindra Rural Housing Finance Ltd | Cash | ₹92.96 Cr | 0.58% |
| Cp Hero Housing Finance Ltd | Cash | ₹92.64 Cr | 0.57% |
| Net Current Assets | Cash | ₹83.4 Cr | 0.52% |
| Cd - Canara Bank - 16/01/2025 | Cash | ₹73.9 Cr | 0.46% |
| Cp Hero Fincorp Ltd. | Cash | ₹73.56 Cr | 0.46% |
| Cp Export Import Bank Of India | Cash | ₹73.51 Cr | 0.46% |
| Cp 360 One Wam Limited | Cash | ₹73.49 Cr | 0.46% |
| Cd - Kotak Mahindra Bank - 20/02/2025 | Cash | ₹73.4 Cr | 0.46% |
| Cd- Canara Bank 07/03/2025 | Cash | ₹73.16 Cr | 0.45% |
| Cp Bajaj Finance Ltd. | Cash | ₹73.09 Cr | 0.45% |
| Cd - Icici Bank - 17/03/2025 | Cash | ₹73.02 Cr | 0.45% |
| Cd - Equitas Small Fin Bank - 12/09/25 | Cash | ₹70.19 Cr | 0.44% |
| Igb- Cpn Strips-Mat-06/11/2024 | Cash | ₹50.68 Cr | 0.31% |
| 08.09 Uk SDL 2025 | Bond - Gov't/Treasury | ₹50.16 Cr | 0.31% |
| 182 DTB 12122024 | Bond - Gov't/Treasury | ₹49.64 Cr | 0.31% |
| Igb- Cpn Strips-Mat- 12/12/2024 | Cash | ₹49.64 Cr | 0.31% |
| Cd - Union Bank Of India - 21/02/25 | Cash | ₹48.91 Cr | 0.30% |
| Cd - Icici Bank - 25/02/2025 | Cash | ₹48.88 Cr | 0.30% |
| Cp Kotak Securities Ltd. | Cash | ₹48.84 Cr | 0.30% |
| Cd - Au Small Fin Bank - 27/02/25 | Cash | ₹48.81 Cr | 0.30% |
| Cp Fedbank Financial Services Ltd. | Cash | ₹48.48 Cr | 0.30% |
| Cp Standard Chartered Capital Ltd. | Cash | ₹46.28 Cr | 0.29% |
| 08.07 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹45.15 Cr | 0.28% |
| CORPORATE DEBT MARKET DEVT FUND - A2 UNITS | Mutual Fund - Open End | ₹37.06 Cr | 0.23% |
| 08.05 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹25.08 Cr | 0.16% |
| 05.80 MH Sdl 2025 | Bond - Gov't/Treasury | ₹24.93 Cr | 0.15% |
| Cd - Canara Bank - 22/01/25 | Cash | ₹24.6 Cr | 0.15% |
| Cd - Union Bankof India - 31/01/25 | Cash | ₹24.56 Cr | 0.15% |
| Cd - Hdfc Bank - 20/02/2025 | Cash | ₹24.46 Cr | 0.15% |
| Cd - Equitas Small Fin Bank - 21/02/25 | Cash | ₹24.42 Cr | 0.15% |
| 08.05 GJ Sdl 2025feb | Bond - Gov't/Treasury | ₹20.07 Cr | 0.12% |
| Cp Mankind Pharma Ltd | Cash | ₹9.66 Cr | 0.06% |
| Clearing Corporation Of India Ltd. Std - Margin | Cash - Repurchase Agreement | ₹3.62 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash | ₹14,014.95 Cr | 86.98% |
| Bond - Gov't/Treasury | ₹2,057.54 Cr | 12.77% |
| Mutual Fund - Open End | ₹37.06 Cr | 0.23% |
| Cash - Repurchase Agreement | ₹3.62 Cr | 0.02% |
| Cash - Commercial Paper | ₹0 Cr | - |
| Bond - Gov't Agency Debt | ₹0 Cr | - |
| Cash - CD/Time Deposit | ₹0 Cr | - |
| Bond - Corporate Bond | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.49%
Cat. avg.
0.69%
Lower the better
Sharpe Ratio
This fund
1.64
Cat. avg.
-0.21
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.05
Higher the better
Fund Managers
Anurag Mittal
Since December 2021
Amit Sharma
Since July 2017
Additional Scheme Detailsas of 31st October 2024
ISIN INF789F01XV6 | Expense Ratio 0.15% | Exit Load No Charges | Fund Size ₹16,113 Cr | Age 11 years 10 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark CRISIL Money Market A-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1033.79 Cr | 7.0% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹173.97 Cr | 7.4% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹173.97 Cr | 6.6% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹101.63 Cr | 7.5% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹101.63 Cr | 7.4% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹23.97 Cr | 6.5% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹23.97 Cr | 6.1% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹26782.99 Cr | 7.7% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2458.17 Cr | 7.6% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹27674.69 Cr | 7.7% |
About the AMC
UTI Mutual Fund
Total AUM
₹3,26,312 Cr
Address
UTI Towers, Gn Block, Mumbai, 400 051
Other Funds by UTI Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of UTI Money Market Fund Direct Growth?
The NAV of UTI Money Market Fund Direct Growth, as of 21-Nov-2024, is ₹2975.80.
What are the returns of UTI Money Market Fund Direct Growth?
The fund has generated 7.81% over the last 1 year and 6.65% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of UTI Money Market Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 9.29% in bonds, and 90.48% in cash and cash equivalents.
Who manages the UTI Money Market Fund Direct Growth?
The fund managers responsible for UTI Money Market Fund Direct Growth are:-
- Anurag Mittal
- Amit Sharma
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Trending Mutual Funds Searches
Popular Equity Funds
Popular Debt Funds
©2021-2024 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.