UTI MMF- Discontinued - Regular Plan - Flexi Dividend Option

UTI MMF- Discontinued - Regular Plan - Flexi Dividend Option is a scheme launched by UTI Mutual Fund on February 12, 2002, and falls under the Money Market fund category. It currently manages an AUM of Rs 20,513.42 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 20000. It charges an expense ratio of 0.27% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  UTI MMF- Discontinued - Regular Plan - Flexi Dividend Option trailing returns over different times are 7.79% (1 year), 7.18% (3 year) and 5.69% (5 year). The average annual return of this fund stands at 5.59%.