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UTI Money Market Fund Direct Growth
DebtMoney MarketModerate Risk
Direct
NAV (20-Dec-24)
₹2991.970.02%1D
Returns (Since Inception)
7.31%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹16,650 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, 11 months and 21 days, having been launched on 01-Jan-13.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹2991.97, Assets Under Management (AUM) of 16649.68 Crores, and an expense ratio of 0.15%.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹2991.97, Assets Under Management (AUM) of 16649.68 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, 2.59% in debts, and 97.19% 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%
+6.80% (Cat Avg.)
3 Years
+6.73%
+6.06% (Cat Avg.)
5 Years
+6.04%
+5.46% (Cat Avg.)
10 Years
+6.93%
+5.74% (Cat Avg.)
Since Inception
+7.31%
— (Cat Avg.)
Portfolio Summaryas of 15th December 2024
| Debt | ₹430.59 Cr | 2.59% |
| Others | ₹16,219.09 Cr | 97.41% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 182 DTB 18102024 | Bond - Gov't/Treasury | ₹1,020.62 Cr | 6.13% |
| Net Current Assets | Cash | ₹847.4 Cr | 5.09% |
| Canara Bank | Cash - CD/Time Deposit | ₹687.2 Cr | 4.13% |
| Bajaj Housing Finance Ltd. | Cash - Commercial Paper | ₹491.63 Cr | 2.95% |
| Dbs Bank India Limited | Cash - CD/Time Deposit | ₹442.9 Cr | 2.66% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹419.07 Cr | 2.52% |
| Canara Bank | Cash - CD/Time Deposit | ₹362.85 Cr | 2.18% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹346.35 Cr | 2.08% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹329.5 Cr | 1.98% |
| 182 D Tbill Mat - 14/02/2025 | Bond - Gov't/Treasury | ₹296.83 Cr | 1.78% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹295.64 Cr | 1.78% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹290.91 Cr | 1.75% |
| Indusind Bank Ltd. | Cash - CD/Time Deposit | ₹289.67 Cr | 1.74% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹284.41 Cr | 1.71% |
| Igh Holdings Private Limited | Cash - Commercial Paper | ₹274.83 Cr | 1.65% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹265.33 Cr | 1.59% |
| Canara Bank | Cash - CD/Time Deposit | ₹260.9 Cr | 1.57% |
| AU Small Finance Bank Ltd. | Cash - CD/Time Deposit | ₹246.37 Cr | 1.48% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹245.48 Cr | 1.47% |
| IDFC Bank Limited | Cash - CD/Time Deposit | ₹241.73 Cr | 1.45% |
| Kotak Mahindra Bank Ltd. | Cash - CD/Time Deposit | ₹198.26 Cr | 1.19% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹198.01 Cr | 1.19% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹197.92 Cr | 1.19% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹196.89 Cr | 1.18% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹196.31 Cr | 1.18% |
| Cd - Union Bank Of India - 02/04/25 | Bond - Corporate Bond | ₹195.7 Cr | 1.18% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹194.17 Cr | 1.17% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹189.38 Cr | 1.14% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹188.29 Cr | 1.13% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹188.26 Cr | 1.13% |
| IDFC Bank Limited | Cash - CD/Time Deposit | ₹186.95 Cr | 1.12% |
| Bank Of India | Cash - CD/Time Deposit | ₹186.2 Cr | 1.12% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹148.29 Cr | 0.89% |
| Hinduja Leyland Finance Ltd | Cash - Commercial Paper | ₹147.9 Cr | 0.89% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹147.89 Cr | 0.89% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹147.85 Cr | 0.89% |
| Tmf Holdings Limited | Cash - Commercial Paper | ₹147.59 Cr | 0.89% |
| Punjab & Sind Bank | Cash - CD/Time Deposit | ₹147.43 Cr | 0.89% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹145.51 Cr | 0.87% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹145.1 Cr | 0.87% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹142.39 Cr | 0.86% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹141.81 Cr | 0.85% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹140.28 Cr | 0.84% |
| Cp TATA Teleservices Ltd. | Cash - Commercial Paper | ₹139.78 Cr | 0.84% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹139.7 Cr | 0.84% |
| 08.09 Ts SDL 2025 | Bond - Gov't/Treasury | ₹135.18 Cr | 0.81% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹122.92 Cr | 0.74% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹122.88 Cr | 0.74% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹116.96 Cr | 0.70% |
| 7.52% GJ Sdl 08/03/2025 | Bond - Gov't/Treasury | ₹100.2 Cr | 0.60% |
| 08.08 CG Sdl 2025 | Bond - Gov't/Treasury | ₹100.14 Cr | 0.60% |
| Godrej Housing Finance Limited | Cash - Commercial Paper | ₹99.07 Cr | 0.60% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹98.95 Cr | 0.59% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹98.68 Cr | 0.59% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹98.68 Cr | 0.59% |
| Icici Securities Limited | Cash - Commercial Paper | ₹98.64 Cr | 0.59% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹98.57 Cr | 0.59% |
| Small Industries Development Bank of India | Cash - CD/Time Deposit | ₹98.57 Cr | 0.59% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹98.57 Cr | 0.59% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹98.55 Cr | 0.59% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹98.52 Cr | 0.59% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹98.38 Cr | 0.59% |
| Icici Securities Limited | Cash - Commercial Paper | ₹98.36 Cr | 0.59% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹98.34 Cr | 0.59% |
| 360 One Prime Ltd. | Cash - Commercial Paper | ₹98.32 Cr | 0.59% |
| Indian Bank | Cash - CD/Time Deposit | ₹98.31 Cr | 0.59% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹98.24 Cr | 0.59% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹98.22 Cr | 0.59% |
| Canara Bank | Cash - CD/Time Deposit | ₹97.85 Cr | 0.59% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹94.61 Cr | 0.57% |
| Mahindra Rural Housing Finance Limited | Cash - Commercial Paper | ₹93.78 Cr | 0.56% |
| Hero Housing Finance Ltd. | Cash - Commercial Paper | ₹93.53 Cr | 0.56% |
| Kotak Mahindra Bank Limited 2025 | Cash - CD/Time Deposit | ₹93.31 Cr | 0.56% |
| Bank Of India | Cash - CD/Time Deposit | ₹93.23 Cr | 0.56% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹93.07 Cr | 0.56% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹92.86 Cr | 0.56% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹74.27 Cr | 0.45% |
| 360 One Prime Ltd. | Cash - Commercial Paper | ₹74.25 Cr | 0.45% |
| 360 One Wam Ltd. | Cash - Commercial Paper | ₹74.25 Cr | 0.45% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹74.16 Cr | 0.45% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹74.03 Cr | 0.44% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹73.68 Cr | 0.44% |
| Equitas Small Finance Bank Limited | Cash - CD/Time Deposit | ₹70.78 Cr | 0.43% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹69.9 Cr | 0.42% |
| 08.09 Uk SDL 2025 | Bond - Gov't/Treasury | ₹50.07 Cr | 0.30% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹49.74 Cr | 0.30% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹49.34 Cr | 0.30% |
| Kotak Securities Ltd | Cash - Commercial Paper | ₹49.32 Cr | 0.30% |
| ICICI Bank - 25/02/2025 | Cash - CD/Time Deposit | ₹49.3 Cr | 0.30% |
| AU Small Finance Bank Ltd. | Cash - CD/Time Deposit | ₹49.25 Cr | 0.30% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹49.14 Cr | 0.30% |
| Fedbank Financial Services Ltd | Cash - Commercial Paper | ₹49.01 Cr | 0.29% |
| Hsbc Investdirect Financial Services (India) Limited | Cash - Commercial Paper | ₹48.27 Cr | 0.29% |
| Hinduja Leyland Finance Limited | Cash - Commercial Paper | ₹48.23 Cr | 0.29% |
| Standard Chartered Investments And Loans (India) Limited | Cash - Commercial Paper | ₹46.72 Cr | 0.28% |
| 08.07 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹45.08 Cr | 0.27% |
| CORPORATE DEBT MARKET DEVT FUND - A2 UNITS | Mutual Fund - Open End | ₹37.23 Cr | 0.22% |
| 05.80 MH Sdl 2025 | Bond - Gov't/Treasury | ₹24.97 Cr | 0.15% |
| Cholamandalam Investment & Finance Co Ltd. | Cash - Commercial Paper | ₹24.83 Cr | 0.15% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.82 Cr | 0.15% |
| HDFC Bank Ltd. | Cash - CD/Time Deposit | ₹24.68 Cr | 0.15% |
| Equitas Small Finance Bank Ltd. | Cash - CD/Time Deposit | ₹24.66 Cr | 0.15% |
| Standard Chartered Investments And Loans (India) Limited | Cash - Commercial Paper | ₹23.29 Cr | 0.14% |
| 08.05 GJ Sdl 2025feb | Bond - Gov't/Treasury | ₹20.05 Cr | 0.12% |
| Cp Mankind Pharma Ltd | Cash - Commercial Paper | ₹9.75 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 - CD/Time Deposit | ₹8,992.77 Cr | 54.01% |
| Cash - Commercial Paper | ₹4,495.61 Cr | 27.00% |
| Bond - Gov't/Treasury | ₹1,793.12 Cr | 10.77% |
| Cash | ₹847.4 Cr | 5.09% |
| Bond - Corporate Bond | ₹430.59 Cr | 2.59% |
| Bond - Gov't Agency Debt | ₹49.34 Cr | 0.30% |
| Mutual Fund - Open End | ₹37.23 Cr | 0.22% |
| Cash - Repurchase Agreement | ₹3.62 Cr | 0.02% |
Risk & Performance Ratios
Standard Deviation
This fund
0.48%
Cat. avg.
0.66%
Lower the better
Sharpe Ratio
This fund
1.60
Cat. avg.
-0.12
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.15
Higher the better
Fund Managers
Anurag Mittal
Since December 2021
Amit Sharma
Since July 2017
Additional Scheme Detailsas of 15th December 2024
ISIN INF789F01XV6 | Expense Ratio 0.15% | Exit Load No Charges | Fund Size ₹16,650 Cr | Age 11 years 11 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% | ₹1186.38 Cr | 7.0% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹172.67 Cr | 7.4% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹172.67 Cr | 6.7% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹83.42 Cr | 7.5% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹83.42 Cr | 7.4% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹24.38 Cr | 6.5% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹24.38 Cr | 6.1% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹26862.79 Cr | 7.7% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2271.47 Cr | 7.6% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹25011.45 Cr | 7.7% |
About the AMC
UTI Mutual Fund
Total AUM
₹3,24,111 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
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What is the current NAV of UTI Money Market Fund Direct Growth?
The NAV of UTI Money Market Fund Direct Growth, as of 20-Dec-2024, is ₹2991.97.
What are the returns of UTI Money Market Fund Direct Growth?
The fund has generated 7.81% over the last 1 year and 6.73% 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, 2.59% in bonds, and 97.19% 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.
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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.