Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
UTI Money Market Fund - Direct Plan - Fortnightly IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 70/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)7.41%
- Expense ratio (20%)0.17%
- AUM (15%)₹19,468 Cr
Not investment advice — an analytical read of public fund data. Methodology →
UTI Mutual Fund · Debt · Money Market
₹3,375.08
AUM: ₹19,467 Cr
NAV updated 14 days ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.17%
Exit Load
Nil
Fund Manager
Amandeep Chopra, Amit Sharma
Inception
Jan 2013
Benchmark
CRISIL Money Market A-I Index
Sharpe Ratio
-4.31
Std Dev (1Y)
1.47%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.58%
3m
+2.05%
6m
+3.55%
1y
+6.61%
3y
+7.41%
5y
+6.72%
10y
+6.74%
since inception
+2.09%
TopFund's Take on UTI Money Market Fund - Direct Plan - Fortnightly IDCW
UTI Money Market Fund - Direct Plan - Fortnightly IDCW holds up reasonably well within the Money Market category, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 70/100.
Cost: At 0.17%, the expense ratio is roughly in line with the Money Market category average of 0.16% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -4.31 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.47% is on the lower side for a Money Market fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about UTI Money Market Fund - Direct Plan - Fortnightly IDCW
The current NAV (Net Asset Value) of UTI Money Market Fund - Direct Plan - Fortnightly IDCW is ₹3375.08. NAV is updated every business day after market close by AMFI.
1Y: 6.61% · 3Y CAGR: 7.41% · 5Y CAGR: 6.72%
The expense ratio of UTI Money Market Fund - Direct Plan - Fortnightly IDCW is 0.17% per annum. This is the annual fee charged by the fund to manage your investment.
UTI Money Market Fund - Direct Plan - Fortnightly IDCW is managed by Amandeep Chopra, Amit Sharma at UTI Mutual Fund.
UTI Money Market Fund - Direct Plan - Fortnightly IDCW is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
UTI Money Market Fund - Direct Plan - Fortnightly IDCW is a Money Market fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in UTI Money Market Fund - Direct Plan - Fortnightly IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of UTI Money Market Fund - Direct Plan - Fortnightly IDCW is ₹19,468 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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