UTI Money Market Fund

UTI Mutual Fund | January 2021

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully

Macroeconomic linkages key to market growth

%Interest Rates &

INRInflation

Global Liquidity &

Capital Flows

GDP & Fiscal Consolidation

Macroeconomic Environment & Fixed Income markets

CPI softened to 6.93% in November’2020 from 7.61% in October’2020

The CPI print softened mainly due to lower food inflation print. Food inflation for November’20200 came in

at 8.83% compared to 10.09% in October’2020

Core inflation rose to 5.51% in November’2020 from 5.46% in October’2020

Inflation

Interest Rates

Global Liquidity &

Capital Flows

GDP & Fiscal

Consolidation

Monetary Policy Committee (MPC) maintained accommodative stance and kept the rates unchanged at 4%

They announced few developmental and regulatory policy which includes on Tap TLTRO – Extension of Sectors

and Synergy with ECLGS 2.0, facilitating More Efficient Liquidity Management for Regional Rural Banks (RRBs)

etc.

US Federal Reserve has maintained the rates at 0.25% and mentioned that they will continue with its bond

purchases and the array of lending and liquidity programs

Bank of Japan left rates unchanged at -0.1% while maintaining a 10yr JGB yield target at 0.00%.

ECB maintained deposit facility rate to -0.5% and kept main refinancing operations & marginal lending rate

unchanged at 0% & 0.25% respectively

Bank of England (BoE) maintained the policy rate at 0.1% and mentioned that it does not intend to tighten

monetary policy until significant progress is being made in eliminating spare capacity

Indian economy witnessed a contraction of 7.5% in the Q2FY21 as compared to a contraction of 23.9%

in the Q1FY21 and a growth of 4.4% in the same period of the previous year.

All the sectors witnessed contraction in economic activity barring the manufacturing sector, agriculture

sector and electricity, gas, water supply and other utility services sector.

Index of Industrial Production (IIP) grows first time in current fiscal to 3.6% in November’2020 from 0.5% in

September 2020 (revised)

Based on data available till December 2020. SLR - Statutory Liquidity Ratio, JGB; Japan Government Bond; ECB – European Central Bank

How will key economic factors play out

Some improvement seenGrowth

Some softening seenInflation

Likely to be in surplusLiquidity

Significant breach expected as India’s fiscal deficit

reached 109% of the full-year target in the first five

monthsFiscal Deficit

AccommodativeRBI Policy%

Our Fixed Income Team

Amandeep Chopra

Head of Fixed Income

MBA

Total Exp: 28 yrs

Siddhay Saikar

AFM & Research Analyst

MBA

Total Exp: 14 yrs

Details of the investment team as on December 31, 2020

Sudhir Agarwal

Fund Manager

MBA & CFA

Total Exp: 15 yrs

Ritesh Nambiar

Fund Manager

MBA, CFA & FRM

Total Exp: 15 yrs.

Sunil Patil

Fund Manager

MFM & M.Com

Total Exp: 31 yrs.

Amit Sharma

Fund Manager

CA,FRM

Total Exp: 12 yrs.

Subhradeep Mitra

Research Analyst

MBA (Finance)

Total Exp: 8 yrs

Pratik Jain

Research Analyst

MBA (Finance)

Total Exp: 7 yrs

Manish Joshi

Fund Manager

MSc, MFM

Total Exp: 23 yrs

Shilpita Guha

CIO

MSc (Economics), MBA

Total Exp: 31 yrs

Rahul Aggarwal

Portfolio Manager

BE, MBA (Finance)

Total Exp: 15 yrs

Suraj Bafna

Portfolio Analyst

MBA (Fiannce)

Total Exp: 10 yrs

Ravi Agarwal

Research Analyst

CFA,CA

Total Exp: 8 yrs

Mutual Funds

PMS, Retirement Solution & Offshore

Research & Portfolio Analyst

Vaibhavi Kamat

Research Analyst

MBA,CFA, FRM

Total Exp: 10 yrs

Ayushi Rathore

Research Analyst

CA

Total Exp: 2 yrs

Fund

OverviewWhy

InvestPerformance

Portfolio

DetailsKey

Highlights

UTI Money Market Fund

Type of scheme

An open ended debt

scheme investing in money

market instruments

Investment objective

The investment objective of the scheme is to generate

reasonable income with high level of liquidity by investing

in a portfolio of money market instruments.

However there can be no assurance that the investment

objective of the Scheme will be achieved. The Scheme

does not guarantee / indicate any returns.

Fund Manager

Amandeep Chopra

Amit Sharma

Benchmark

CRISIL Money

Market Index

Load Structure

Entry Load: Not Applicable

Exit Load: NIL

Minimum investment amount

Rs. 10,000 and in multiples of Re.1

thereof. Subsequent min. investment

Rs. 1000 and in multiples of Re.1

thereof

%

Key Highlights

About the Fund Manager

Key Highlights

Fund Manager

Amit Sharma

Total Exp: 12 yrs.

Head of Fixed Income Mr. Amandeep Singh Chopra is a graduate from St. Stephens College,

Delhi and an MBA from FMS, Delhi. Prior to joining UTI he has worked with

Aaina Exports Ltd. as a production co-ordinator and at Stenay Ltd. as a

Quality Control Inspector. He has been with UTI AMC since 1994 and has

been responsible for increasing the asset value in some of the select

funds. He has achieved CPR1 and CPR2 ranking for several funds as a

Fund Manager. Three of his funds namely UTI Liquid Cash Plan, UTI Liquid

Cash Plan-Institutional and UTI Bond Fund has been awarded CNBC TV-18

Crisil Mutual Award. Presently, he is functioning as the Head of Fixed

Income.

Amandeep Chopra

Total Exp: 28 yrs

Mr. Amit Sharma is associated with UTI AMC since past 11 yrs. He is a CA

Charter holder and a FRM charter holder. In UTI he has worked in the

Valuation team and is currently the Fund Manager of UTI Overnight Fund,

UTI Liquid Cash Plan, UTI Money Market Fund and UTI Arbitrage Fund (Debt

portion)

Fund Overview

About the Scheme

• The scheme predominantly invests in

money market instruments such that the portfolio duration is upto1year.

• Scheme aims to provide high level of liquidity by investing in high quality papers with lower risk

Portfolio Quants

High

Medium

Low

Long Mid Short

Average Maturity

Cre

dit Q

ua

lity

Risk and Maturity Profile

Modified

Duration:

0.39 Yrs

YTM:

3.54%

Average

Maturity:

143 Days

AUM

Rs. 7,217 Crs

Data as on December 31, 2020

Top 10 Holdings

The scheme invests predominantly invests money market instruments to provide high liquidity to the portfolio

100% of portfolio has been invested in A1+ & equivalent instruments

The average maturity of the fund has increased from 133 days in November’2020 to 143 days in December’2020

The scheme has invested taken a exposure of 16.89% in NBFCs

Portfolio Details

Portfolio Snapshot

Data as on December 31, 2020

Portfolio Composition (%) Credit Profile (%)

Portfolio Details

Average Maturity (Days)

Data as on December 31, 2020

Why invest in UTI Money Market Fund?

Aims to

provide high level of

liquidity by investing in

quality instruments with

lower risk

Probability of capital erosion

is low and Interest rate risk is

sought to be minimized by

maintaining a duration of less

than 1 year

Well diversified portfolio

Money market instruments

aiming to provide stable

returns with low volatility

over the short term

1

2

3

Who should invest?

Investors looking

for an alternate

avenue to park

their surplus fundslying idle

Investors looking

for high level of

liquidity for their

investments

Investors who are

looking for

systematic transfer

plan to equity

oriented schemes

Overview of Fund Performance

Assuming that all payouts during the period have been reinvested in the units of the scheme at the immediate ex-div NAV Past performance may or may not be sustained in future.

*Additional Benchmark. Source: ICRA MFI Explorer. ^Since Inception returns for fund performance is calculated from 10-Jul-09; Since Inception returns for SIP is calculated from 01-Aug-09.

Returns are computed on Compounded Annualized Growth Returns (CAGR) basis as on December 31,2020. Different plans have a different expense structure. The performance details

provided herein are of regular plan growth option. Mr. Amandeep Chopra is managing the scheme since October 2003 and Mr. Amit Sharma is managing the scheme from July 2017.

Fund Performance (Growth of Rs. 10,000) Fund Performance (%)

SIP Performance (Rs. 10,000 invested every month) SIP Performance (%)

Performance of other schemes managed by Fund Managers

Source: ICRA MFI Explorer. Data as on 31-December-20. Past performance may or may not sustain in the future. Mutual Fund investments are subject to market risks,

read all the scheme related documents carefully.

Product Labeling

The product is suitable for investors who are seeking:*

• Reasonable income with high level of liquidity over

short-term

• Investment in money market securities

*Investors should consult their financial advisers if in doubt about

whether the product is suitable for them.

UTI Money Market Fund RISKOMETER

Thank You

REGISTERED OFFICE: UTI Tower, ‘Gn’ Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400051. Phone: 022 – 66786666. UTI Asset Management

Company Ltd (Investment Manager for UTI Mutual Fund) Email: invest@uti.co.in . (CIN-U65991MH2002GOI137867). For more information, please

contact the nearest UTI Financial Centre or your AMFI/NISM certified UTI Mutual Fund Independent Financial Advisor (IFA) for a copy of the

Statement of Additional Information, Scheme Information Document and Key Information Memorandum cum Application Form.

Disclaimers: The information on this document is provided for information purposes only. It does not constitute any offer, recommendation or

solicitation to any person to enter into any transaction or adopt any hedging, trading or investment strategy, nor does it constitute any

prediction of likely future movements in rates or prices or any representation that any such future movements will not exceed those shown in

any illustration. Users of this document should seek advice regarding the appropriateness of investing in any securities, financial instruments or

investment strategies referred to on this document and should understand that statements regarding future prospects may not be realized.

The recipient of this material is solely responsible for any action taken based on this material. Opinions, projections and estimates are subject

to change without notice.

UTI AMC Ltd is not an investment adviser, and is not purporting to provide you with investment, legal or tax advice. UTI AMC Ltd or UTI Mutual

Fund (acting through UTI Trustee Company Pvt. Ltd) accepts no liability and will not be liable for any loss or damage arising directly or

indirectly (including special, incidental or consequential loss or damage) from your use of this document, howsoever arising, and including

any loss, damage or expense arising from, but not limited to, any defect, error, imperfection, fault, mistake or inaccuracy with this document,

its contents or associated services, or due to any unavailability of the document or any part thereof or any contents or associated services.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.