Should I invest in UTI MMF-Daily Dividend?

We don't give personal investment advice. UTI MMF-Daily Dividend is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.7%. 5-year CAGR: 5.29%.

UTI

UTI MMF-Daily Dividend

Unit split applied to historical metrics

This scheme had a 100× unit consolidation on 22 Aug 2009. Returns, SIP simulations and risk metrics on this page are split-adjusted — they reflect what a real investor's portfolio experienced (a consolidation doesn't change portfolio value, only the unit count and per-unit NAV).

Latest NAV

₹2,639.2580

As of

17 Jul 2026

6,400 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.05%	+0.03%	+0.03	10 / 53	Q1
1W	+0.09%	+0.06%	+0.02	9 / 53	Q1
2W	+0.08%	+0.04%	+0.04	11 / 52	Q1
1M	+0.12%	+0.22%	-0.10	24 / 52	Q2
3M	+0.72%	+0.54%	+0.18	20 / 51	Q2
6M	+0.89%	+1.14%	-0.25	21 / 51	Q2
YTD	+0.95%	+1.24%	-0.29	21 / 51	Q2
1Y	+1.80%	+2.23%	-0.43	21 / 51	Q2
2Y	+4.86%	+2.83%	+2.03	21 / 51	Q2
3Y	+5.56%	+3.13%	+2.44	19 / 43	Q2
4Y	+5.78%	+3.13%	+2.64	19 / 43	Q2
5Y	+5.29%	+2.83%	+2.46	19 / 43	Q2
7Y	+4.05%	+2.65%	+1.40	19 / 43	Q2
10Y	+2.85%	+2.74%	+0.11	19 / 42	Q2
Inception	+2.06%	+3.33%	-1.27	21 / 52	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+0.95%	+1.23%	-0.28	18 / 42
2025	+5.49%	+3.15%	+2.34	18 / 42
2024	+7.22%	+3.39%	+3.83	12 / 41
2023	+6.92%	+3.51%	+3.41	12 / 39
2022	+4.40%	+2.03%	+2.38	9 / 41
2021	+3.21%	+1.44%	+1.76	16 / 41
2020	+0.51%	+2.26%	-1.74	23 / 47
2019	-0.32%	+2.96%	-3.28	47 / 47
2018	+0.19%	+2.57%	-2.38	20 / 43
2017	-0.05%	+2.37%	-2.43	40 / 43
2016	-0.12%	+2.97%	-3.09	43 / 44

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+2.14%

236 windows

min -1.3% · max 8.0%

78% positive

3-Year rolling

+1.96%

211 windows

min -0.4% · max 7.2%

80% positive

5-Year rolling

+1.68%

187 windows

min -0.3% · max 5.5%

84% positive

7-Year rolling

+1.44%

163 windows

min -0.2% · max 4.1%

94% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.95%

3-year · annualised

Sharpe ratio

-1.13

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.73%

Sep 2025 → Nov 2025

% positive months

88.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Money Market Fund

Scheme	Fund house	NAV	As of
HDFC Cash Management Fund - Savings Plan-Daily Dividend Option	HDFC	₹1,063.6400	17 Jul 2026
NIPPON INDIA MONEY MARKET FUND - QUARTERLY IDCW Option	Nippon India	₹1,018.4166	17 Jul 2026
SBI Magnum Income Fund - F R P - Short Term - (G)	SBI	₹44.0796	17 Jul 2026
ICICI Prudential Money Market Fund Option - IDCW Others	ICICI Prudential	₹186.0517	17 Jul 2026
Invesco India Money Market Fund - Daily IDCW (Reinvestment)	Invesco	₹1,000.2900	17 Jul 2026
Franklin India Money Market Fund - DP - Wkly IDCW R	Franklin India	₹10.0970	17 Jul 2026
Templeton Floating Rate Income Fund-Long Term Plan-Dividend Option	Franklin Templeton	₹11.1485	17 Jul 2026
Kotak Floater Short Term-(Growth)	Kotak Mahindra	₹4,794.5615	17 Jul 2026
DSP BlackRock Treasury Bill Fund - Dividend	DSP BlackRock	₹12.4942	17 Jul 2026
UTI MMF - Instn Growth Plan	UTI	₹3,293.7877	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹2,639.2580
16 Jul 2026	₹2,637.8400
15 Jul 2026	₹2,636.7440
14 Jul 2026	₹2,636.2588
13 Jul 2026	₹2,637.7233
10 Jul 2026	₹2,637.0095
9 Jul 2026	₹2,636.5775
8 Jul 2026	₹2,635.0849
7 Jul 2026	₹2,636.5041
6 Jul 2026	₹2,637.9914

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of UTI MMF-Daily Dividend is ₹2,639.2580. It's a Money Market Fund from UTI, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

UTI MMF-Daily Dividend has NAV history starting from 01 Apr 2006, a track record of about 20 years 3 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

UTI MMF-Daily Dividend is managed by UTI. It's classified by AMFI under the 'Money Market Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, UTI MMF-Daily Dividend has delivered a absolute return of 1.80% — -0.43 pp behind the Money Market Fund category average of 2.23%. The fund ranks #21 of 51 in its category — the second (Q2) quartile.

Over the trailing 3-year window, UTI MMF-Daily Dividend has delivered a CAGR of 5.56% — +2.44 pp ahead of the Money Market Fund category average of 3.13%. The fund ranks #19 of 43 in its category — the second (Q2) quartile.

Over the trailing 5-year window, UTI MMF-Daily Dividend has delivered a CAGR of 5.29% — +2.46 pp ahead of the Money Market Fund category average of 2.83%. The fund ranks #19 of 43 in its category — the second (Q2) quartile.

₹1 lakh invested in UTI MMF-Daily Dividend exactly 10 years ago would be worth approximately ₹132,389 today — a multiplier of 1.32×, based on the 10-year CAGR of 2.85%. The category average over the same window would have grown ₹1 lakh to ₹131,015.

A ₹10,000 monthly SIP in UTI MMF-Daily Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹685,472 today. That's an XIRR (money-weighted annualised return) of 5.27%.

A ₹10,000 monthly SIP for 10 years in UTI MMF-Daily Dividend = ₹1,200,000 invested. It would currently be worth ₹1,479,202 (multiplier 1.23×). XIRR: 4.10%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, UTI MMF-Daily Dividend ranks #19 out of 43 funds in the Money Market Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.83%; this fund delivered 5.29%.

The worst peak-to-trough decline UTI MMF-Daily Dividend has experienced over the last 5-year window is 0.73% — its NAV fell from a high on 01 Sep 2025 to a low on 04 Nov 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, UTI MMF-Daily Dividend averaged 1.68% (best 5.52%, worst -0.30%). 84% of rolling windows ended positive. The 5-year Sharpe ratio is -1.62 — negative risk-adjusted performance.

In calendar year 2025, UTI MMF-Daily Dividend returned 5.49% — beating the Money Market Fund category average of 3.15% by 2.34 pp. It ranked #18 of 42 in its category that year.

UTI MMF-Daily Dividend is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. UTI MMF-Daily Dividend is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.7%. 5-year CAGR: 5.29%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.