3 Year return
5.76%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Low Risk
Asset Under Management
₹3096.95 Cr.
Expense Ratio
0.06% (inclusive of GST)
Exit Load
Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
UTI Mutual Fund Managers
AS
Amit Sharma
Fund Manager since Feb 2012
Fund House Details
UTI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
PGIM India Overnight Fund |
5.76% |
4 |
DSP Overnight Fund |
5.78% |
4.5 |
HSBC Overnight Fund |
5.79% |
2 |
Schemes by UTI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Arbitrage Fund
UTI Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
UTI Arbitrage Fund Direct Plan IDCW Payout
About UTI Overnight Fund Direct Plan Growth
The UTI Overnight Fund Direct Plan Growth is managed by UTI Mutual Fund, one of the well-known Asset Management Companies (AMCs) in India. This particular fund falls under the category of debt mutual funds. Debt funds mainly invest in fixed-income securities like government bonds, corporate bonds, and money market instruments.
Investment Objectives of the Scheme
The primary objective of the UTI Overnight Fund Direct Plan Growth is to generate reasonable returns with a high level of safety and liquidity by investing in overnight securities. Overnight securities are short-term debt instruments with a maturity of one day. Since the investment horizon is very short, these funds are considered to be low-risk options.
Key Features of The Fund
5-year return | 4.86% |
Expense Ratio | 0.06% |
Fund Manager | Amit Sharma |
Fund Size | ₹3096.95 Cr |
Risk Profile | Low |
Is This Scheme Right for Me?
The UTI Overnight Fund Direct Plan Growth is suitable for investors who are looking for a very short-term parking option for their surplus funds. It is ideal for individuals who want to earn slightly higher returns than keeping their money in savings accounts or fixed deposits, without taking on high levels of risk. It's also a good choice for those who prioritize safety and liquidity over high returns.
AMC Contact Details
Name | UTI Mutual Fund |
Launch Date | January 2003 |
Addresss | First Floor, Unit No. 2, Block ‘B’, JVPD Scheme, Gulmohar Cross Road No. 9, Andheri (West), Mumbai – 400049. |
Contact | 1800 266 1230 (+91) 022 6227 8000 022 – 68990800 |
service@uti.co.in | |
Website | https://www.utimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of UTI Overnight Fund?
What is the AUM of UTI Overnight Fund?
What is the expense ratio of UTI Overnight Fund?
What are the returns of UTI Overnight Fund since inception?
What is the minimum SIP amount to invest in UTI Overnight Fund?
How do I invest in UTI Overnight Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in UTI Overnight Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in UTI Overnight Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in UTI Overnight Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.