Should I invest in UTI Money Market Fund - Monthly IDCW?

We don't give personal investment advice. UTI Money Market Fund - Direct Plan - Monthly IDCW 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: 0.2%. 5-year CAGR: 6.46%.

UTI

UTI Money Market Fund - Direct Plan - Monthly IDCW

Latest NAV

₹1,613.5661

As of

2 Jun 2026

3,183 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	+0.03%	+0.01%	+0.02	15 / 78	Q1
1W	+0.24%	+0.16%	+0.08	18 / 77	Q1
2W	+0.15%	+0.09%	+0.06	24 / 76	Q2
1M	+0.21%	+0.09%	+0.12	18 / 75	Q1
3M	+1.24%	+0.38%	+0.86	14 / 74	Q1
6M	+2.66%	+0.73%	+1.93	9 / 75	Q1
YTD	+2.16%	+0.64%	+1.52	11 / 74	Q1
1Y	+5.97%	+1.73%	+4.24	10 / 74	Q1
2Y	+7.09%	+2.20%	+4.89	9 / 72	Q1
3Y	+7.27%	+2.30%	+4.96	7 / 67	Q1
4Y	+7.13%	+2.36%	+4.77	6 / 60	Q1
5Y	+6.46%	+2.14%	+4.32	6 / 54	Q1
7Y	+5.17%	+1.92%	+3.25	11 / 45	Q1
10Y	+4.29%	+1.28%	+3.01	4 / 33	Q1
Inception	+4.26%	+1.84%	+2.43	15 / 78	Q1

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	+2.16%	+0.60%	+1.56	9 / 63
2025	+7.54%	+2.54%	+5.00	8 / 62
2024	+7.76%	+2.53%	+5.23	8 / 62
2023	+7.51%	+2.35%	+5.17	3 / 61
2022	+4.99%	+1.43%	+3.56	4 / 55
2021	+3.83%	+0.83%	+3.00	7 / 52
2020	+1.81%	+1.67%	+0.15	21 / 56
2019	+0.17%	+2.50%	-2.34	27 / 52
2018	+2.32%	+1.63%	+0.69	10 / 39
2017	+4.40%	+1.10%	+3.31	6 / 37
2016	-2.05%	+1.02%	-3.06	35 / 35

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

+4.06%

128 windows

min -3.8% · max 8.5%

94% positive

3-Year rolling

+3.84%

104 windows

min 0.9% · max 7.7%

100% positive

5-Year rolling

+3.55%

79 windows

min 1.2% · max 6.5%

100% positive

7-Year rolling

+3.57%

55 windows

min 2.2% · max 5.2%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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

0.43%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.15%

May 2026 → May 2026

% positive months

100.0%

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 Money Market Fund - Daily IDCW Option - Direct Plan	HDFC	₹1,063.6400	2 Jun 2026
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - DAILY IDCW Option	Nippon India	₹1,006.2364	2 Jun 2026
SBI Savings Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹18.5959	2 Jun 2026
ICICI Prudential Money Market Fund Option - Direct Plan - Daily IDCW	ICICI Prudential	₹100.1435	2 Jun 2026
Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,012.2021	2 Jun 2026
Bandhan Money Market Fund -Direct Plan-Daily IDCW	Bandhan	₹10.0994	2 Jun 2026
Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW	Aditya Birla Sun Life	₹100.0200	2 Jun 2026
Franklin India Money Market Fund Retail Option - Direct - Daily - IDCW	Franklin India	₹10.0646	3 Jun 2026
Mirae Asset Money Market Fund Direct IDCW	Mirae Asset	₹1,346.5217	2 Jun 2026
Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct	Kotak	₹1,273.4642	2 Jun 2026

Recent NAVs

Date	NAV
2 Jun 2026	₹1,613.5661
1 Jun 2026	₹1,613.0427
29 May 2026	₹1,611.6324
27 May 2026	₹1,610.4475
26 May 2026	₹1,609.7618
25 May 2026	₹1,609.9725
22 May 2026	₹1,609.3240
21 May 2026	₹1,609.4494
20 May 2026	₹1,610.6102
19 May 2026	₹1,611.1632

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 02 Jun 2026, the NAV of UTI Money Market Fund - Direct Plan - Monthly IDCW is ₹1,613.5661. It's a Money Market Fund from UTI, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

UTI Money Market Fund - Direct Plan - Monthly IDCW has NAV history starting from 22 Dec 2014, a track record of about 11 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

UTI Money Market Fund - Direct Plan - Monthly IDCW 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 Money Market Fund - Direct Plan - Monthly IDCW has delivered a absolute return of 5.97% — +4.24 pp ahead of the Money Market Fund category average of 1.73%. The fund ranks #10 of 74 in its category — the top (Q1) quartile.

Over the trailing 3-year window, UTI Money Market Fund - Direct Plan - Monthly IDCW has delivered a CAGR of 7.27% — +4.96 pp ahead of the Money Market Fund category average of 2.30%. The fund ranks #7 of 67 in its category — the top (Q1) quartile.

Over the trailing 5-year window, UTI Money Market Fund - Direct Plan - Monthly IDCW has delivered a CAGR of 6.46% — +4.32 pp ahead of the Money Market Fund category average of 2.14%. The fund ranks #6 of 54 in its category — the top (Q1) quartile.

₹1 lakh invested in UTI Money Market Fund - Direct Plan - Monthly IDCW exactly 10 years ago would be worth approximately ₹152,212 today — a multiplier of 1.52×, based on the 10-year CAGR of 4.29%. The category average over the same window would have grown ₹1 lakh to ₹113,561.

A ₹10,000 monthly SIP in UTI Money Market Fund - Direct Plan - Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹715,145 today. That's an XIRR (money-weighted annualised return) of 6.95%.

A ₹10,000 monthly SIP for 10 years in UTI Money Market Fund - Direct Plan - Monthly IDCW = ₹1,200,000 invested. It would currently be worth ₹1,580,695 (multiplier 1.32×). XIRR: 5.38%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, UTI Money Market Fund - Direct Plan - Monthly IDCW ranks #6 out of 54 funds in the Money Market Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.14%; this fund delivered 6.46%.

The worst peak-to-trough decline UTI Money Market Fund - Direct Plan - Monthly IDCW has experienced over the last 5-year window is 0.19% — its NAV fell from a high on 02 May 2022 to a low on 05 May 2022. 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 Money Market Fund - Direct Plan - Monthly IDCW averaged 3.55% (best 6.47%, worst 1.19%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.41 — negative risk-adjusted performance.

In calendar year 2025, UTI Money Market Fund - Direct Plan - Monthly IDCW returned 7.54% — beating the Money Market Fund category average of 2.54% by 5.00 pp. It ranked #8 of 62 in its category that year.

UTI Money Market Fund - Direct Plan - Monthly IDCW 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 Money Market Fund - Direct Plan - Monthly IDCW 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: 0.2%. 5-year CAGR: 6.46%.

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

UTI Money Market Fund - Direct Plan - Monthly IDCW

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Money Market Fund

Recent NAVs

Frequently asked questions

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