MyWealthGrowth.com logo
HomeMutual Funds

UTI Money Market Fund

UTI Money Market Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

5.09

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,606 today.

Invest Now

NAV Performance

UTI Money Market Fund performance graph for last 3 years
Performance of UTI Money Market Fund for last 3 Years

Fund Information

  • ₹ 2,700.342

    as on 22 Sep 2023
  • Regular - Growth

  • 1 / 20

  • ₹ 10,000

  • ₹ 7,298 Cr.

    as on 31 May 2023
  • 0.27%

  • 23 Apr 1997

  • Debt - Money Market Fund

  • CRISIL 10 Year Gilt Index

  • UTI Mutual Fund

    Show All Funds

Highlights of this fund

UTI Money Market Fund is an Open-ended Debt Fund. The fund belongs to Money Market Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 23 Apr 1997. This fund is offered by one of the top AMC (Assets Management Company) UTI Mutual Fund. You can also view here all other Debt funds offered by UTI Mutual Fund.

Latest NAV of the fund is ₹ 2,700.342 as on 22 Sep 2023.

This fund has 26 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.27%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 10,000. Lumpsum invest is offered with minimum investment of ₹ 10,000.

Fund Objective

An open ended pure debt liquid plan, seeking to provide highest possible current income, by investing in a diversified portfolio of short-term money market securities.

List of Fund Managers of UTI Money Market Fund

  • About Anurag Mittal

    Picture of Anurag MittalMr. Anurag Mittal is Associate Director – Fund Management at IDFC Asset Management Company Limited. Mr. Mittal has experience spanning of over 10 years in Fund Management, Dealing & Research Activities. He has been associated with IDFC AMC since November’2015. Prior to joining IDFC AMC, he was associated with HDFC Asset Management Company Ltd as Senior Manager - Investments, responsible for Dealing & Research (September 2012 - October 2015). Prior to the same he was associated with Axis Asset Management Company Limited as Fund Manager - Investments, responsible for Fund Management, Dealing & Research (July 2009 - September 2012). Prior to the same he was associated with ICICI Prudential Life Insurance as Manager - Investments, responsible for Dealing & Research (June 2008 – June 2009). Prior to the same he was also associated with Bank of America as Analyst - Corporate Debt Products, involved in research (November 2006 - June 2008). He is Chartered Accountant affiliated with Institute of Chartered Accountants of India, He holds a Master Degree in Accounting & Finance with specialization in Finance from London School of Economics & Political Science and a Bachelors Degree in Commerce.
  • About Amit Sharma

    Picture of Amit SharmaHe joined UTI in 2008. He has worked in Department of Fund Accounts. He holds a B.Com degree and C.A. He has been associated with the Dept. of Fund Management since past 4 years.
  • About Anurag Mittal

    Picture of Anurag MittalMr. Anurag Mittal is Associate Director – Fund Management at IDFC Asset Management Company Limited. Mr. Mittal has experience spanning of over 10 years in Fund Management, Dealing & Research Activities. He has been associated with IDFC AMC since November’2015. Prior to joining IDFC AMC, he was associated with HDFC Asset Management Company Ltd as Senior Manager - Investments, responsible for Dealing & Research (September 2012 - October 2015). Prior to the same he was associated with Axis Asset Management Company Limited as Fund Manager - Investments, responsible for Fund Management, Dealing & Research (July 2009 - September 2012). Prior to the same he was associated with ICICI Prudential Life Insurance as Manager - Investments, responsible for Dealing & Research (June 2008 – June 2009). Prior to the same he was also associated with Bank of America as Analyst - Corporate Debt Products, involved in research (November 2006 - June 2008). He is Chartered Accountant affiliated with Institute of Chartered Accountants of India, He holds a Master Degree in Accounting & Finance with specialization in Finance from London School of Economics & Political Science and a Bachelors Degree in Commerce.
  • About Amit Sharma

    Picture of Amit SharmaHe joined UTI in 2008. He has worked in Department of Fund Accounts. He holds a B.Com degree and C.A. He has been associated with the Dept. of Fund Management since past 4 years.
  • About Anurag Mittal

    Picture of Anurag MittalMr. Anurag Mittal is Associate Director – Fund Management at IDFC Asset Management Company Limited. Mr. Mittal has experience spanning of over 10 years in Fund Management, Dealing & Research Activities. He has been associated with IDFC AMC since November’2015. Prior to joining IDFC AMC, he was associated with HDFC Asset Management Company Ltd as Senior Manager - Investments, responsible for Dealing & Research (September 2012 - October 2015). Prior to the same he was associated with Axis Asset Management Company Limited as Fund Manager - Investments, responsible for Fund Management, Dealing & Research (July 2009 - September 2012). Prior to the same he was associated with ICICI Prudential Life Insurance as Manager - Investments, responsible for Dealing & Research (June 2008 – June 2009). Prior to the same he was also associated with Bank of America as Analyst - Corporate Debt Products, involved in research (November 2006 - June 2008). He is Chartered Accountant affiliated with Institute of Chartered Accountants of India, He holds a Master Degree in Accounting & Finance with specialization in Finance from London School of Economics & Political Science and a Bachelors Degree in Commerce.
  • About Amit Sharma

    Picture of Amit SharmaHe joined UTI in 2008. He has worked in Department of Fund Accounts. He holds a B.Com degree and C.A. He has been associated with the Dept. of Fund Management since past 4 years.
  • About Anurag Mittal

    Picture of Anurag MittalMr. Anurag Mittal is Associate Director – Fund Management at IDFC Asset Management Company Limited. Mr. Mittal has experience spanning of over 10 years in Fund Management, Dealing & Research Activities. He has been associated with IDFC AMC since November’2015. Prior to joining IDFC AMC, he was associated with HDFC Asset Management Company Ltd as Senior Manager - Investments, responsible for Dealing & Research (September 2012 - October 2015). Prior to the same he was associated with Axis Asset Management Company Limited as Fund Manager - Investments, responsible for Fund Management, Dealing & Research (July 2009 - September 2012). Prior to the same he was associated with ICICI Prudential Life Insurance as Manager - Investments, responsible for Dealing & Research (June 2008 – June 2009). Prior to the same he was also associated with Bank of America as Analyst - Corporate Debt Products, involved in research (November 2006 - June 2008). He is Chartered Accountant affiliated with Institute of Chartered Accountants of India, He holds a Master Degree in Accounting & Finance with specialization in Finance from London School of Economics & Political Science and a Bachelors Degree in Commerce.
  • About Amit Sharma

    Picture of Amit SharmaHe joined UTI in 2008. He has worked in Department of Fund Accounts. He holds a B.Com degree and C.A. He has been associated with the Dept. of Fund Management since past 4 years.
  • About Anurag Mittal

    Picture of Anurag MittalMr. Anurag Mittal is Associate Director – Fund Management at IDFC Asset Management Company Limited. Mr. Mittal has experience spanning of over 10 years in Fund Management, Dealing & Research Activities. He has been associated with IDFC AMC since November’2015. Prior to joining IDFC AMC, he was associated with HDFC Asset Management Company Ltd as Senior Manager - Investments, responsible for Dealing & Research (September 2012 - October 2015). Prior to the same he was associated with Axis Asset Management Company Limited as Fund Manager - Investments, responsible for Fund Management, Dealing & Research (July 2009 - September 2012). Prior to the same he was associated with ICICI Prudential Life Insurance as Manager - Investments, responsible for Dealing & Research (June 2008 – June 2009). Prior to the same he was also associated with Bank of America as Analyst - Corporate Debt Products, involved in research (November 2006 - June 2008). He is Chartered Accountant affiliated with Institute of Chartered Accountants of India, He holds a Master Degree in Accounting & Finance with specialization in Finance from London School of Economics & Political Science and a Bachelors Degree in Commerce.
  • About Amit Sharma

    Picture of Amit SharmaHe joined UTI in 2008. He has worked in Department of Fund Accounts. He holds a B.Com degree and C.A. He has been associated with the Dept. of Fund Management since past 4 years.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderate Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.14% 0.59% 1.75% 3.86% 7.29% 5.69% 6.26% 6.67% 8.46% 7.47% 6.55% 5.84% 6.38% 6.52%
Category Average 0.11% 0.54% 1.61% 3.59% 6.80% 5.32% 4.82% 5.80% 6.94% 7.15% 6.20% 5.48% 5.51% 6.15%
UTI Money Market Fund 0.13%₹ 10,012 0.59%₹ 10,058 1.75%₹ 10,174 3.86%₹ 10,385 7.28%₹ 10,728 7.47%₹ 12,480 5.68%₹ 11,168 6.55%₹ 25,657 5.09%₹ 11,606 5.84%₹ 39,338 6.09%₹ 13,445 5.70%₹ 69,295 7.03%₹ 19,731 6.40%₹ 1,66,772
Nippon India Money Market Fund 0.11%₹ 10,011 0.58%₹ 10,058 1.71%₹ 10,171 3.78%₹ 10,378 7.24%₹ 10,723 7.38%₹ 12,474 5.69%₹ 11,170 6.53%₹ 25,651 5.11%₹ 11,614 5.84%₹ 39,337 6.13%₹ 13,471 5.71%₹ 69,311 7.03%₹ 19,742 6.42%₹ 1,66,885
Aditya Birla Sun Life Money Manager Fund 0.13%₹ 10,012 0.59%₹ 10,058 1.73%₹ 10,172 3.85%₹ 10,385 7.29%₹ 10,729 7.45%₹ 12,478 5.64%₹ 11,159 6.52%₹ 25,650 5.11%₹ 11,613 5.83%₹ 39,331 6.24%₹ 13,539 5.79%₹ 69,451 7.14%₹ 19,934 6.52%₹ 1,67,784
SBI Savings Fund 0.12%₹ 10,011 0.54%₹ 10,054 1.61%₹ 10,160 3.59%₹ 10,359 6.74%₹ 10,673 6.92%₹ 12,445 5.11%₹ 11,048 5.99%₹ 25,513 4.59%₹ 11,441 5.30%₹ 39,020 5.66%₹ 13,172 5.22%₹ 68,466 6.76%₹ 19,248 6.02%₹ 1,63,479
ICICI Prudential Money Market Fund 0.12%₹ 10,011 0.57%₹ 10,057 1.71%₹ 10,171 3.85%₹ 10,385 7.21%₹ 10,721 7.39%₹ 12,475 5.55%₹ 11,140 6.45%₹ 25,631 4.98%₹ 11,571 5.73%₹ 39,276 6.05%₹ 13,415 5.64%₹ 69,190 6.98%₹ 19,641 6.36%₹ 1,66,355
HDFC Money Market Fund 0.10%₹ 10,009 0.55%₹ 10,054 1.70%₹ 10,170 3.81%₹ 10,380 7.12%₹ 10,711 7.31%₹ 12,469 5.51%₹ 11,132 6.39%₹ 25,616 4.99%₹ 11,573 5.71%₹ 39,261 6.14%₹ 13,473 5.69%₹ 69,279 6.98%₹ 19,633 6.36%₹ 1,66,432

Portfolio Holdings

Portfolio holdings pattern of UTI Money Market Fund as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    92.91%
  • Others Holdings:

    7.09%

Top Debt Instrument Type holdings of UTI Money Market Fund

Instrument TypeHolding PercentageHolding Values in Crore
CP 38.48% ₹ 3,508.14 Cr.
CD 38.20% ₹ 3,483.29 Cr.
T-Bills 12.37% ₹ 1,127.31 Cr.
GOI 3.86% ₹ 351.95 Cr.
Others 7.09% -

Top Debt Holdings of UTI Money Market Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - T-Bill 12.37% ₹ 1,127.31 Cr.
Bond - Housing Development Finance Corporation Ltd. 8.93% ₹ 813.74 Cr.
Bond - Small Industries Development Bank Of India 6.41% ₹ 584.92 Cr.
Bond - Kotak Mahindra Bank Ltd. 5.85% ₹ 534.25 Cr.
Bond - ICICI Bank Ltd. 5.30% ₹ 482.76 Cr.
Others 61.14%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 7.05%
Margin 0.04%