The quiet achiever: Conservative by nature, bold in returns
Business Standard|July 01, 2024
UTI Money Market Fund, launched in April 1997, has consistently ranked in the top 30th percentile of the money market fund category in the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through March 2024.
The quiet achiever: Conservative by nature, bold in returns

The fund's month-end assets under management increased to ₹11,680 crore in March 2024 from ₹6,800 crore in March 2021.

The investment objective of the fund is to generate reasonable income with a high level of liquidity through a portfolio predominantly invested in money market instruments.

Amit Sharma and Anurag Mittal have managed the fund since July 2017 and December 2021, respectively.

Trailing returns

The fund has outperformed the benchmark (CRISIL Money Market A-I Index) and its peers (funds ranked in the money market fund category in March 2024 CMFR) over one-, two-, three-, five-, seven-, and 10-year trailing periods.

Denne historien er fra July 01, 2024-utgaven av Business Standard.

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Denne historien er fra July 01, 2024-utgaven av Business Standard.

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