 "Private credit")
Launched in April 1997, UTI Money Market Fund featured in the top 30 percentile of the money market funds category in CRISIL Mutual Fund Ranking (CMFR) for six quarters through December 2021.
The month-end assets under management of the fund stood at Rs 7,203 crore as of December 2021, up from Rs 2,573 crore in December 2018.
The fund’s investment objective is to generate reasonable income with high level of liquidity by investing in a portfolio of money market instruments.
Amit Sharma and Anurag Mittal have been managing the fund since October 2013 and July 2017,
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