UTI Liquid Cash Plan
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|Rural Electrification Corporation Limited||1.18%|
|8.46% Mahrastra GS 2019||0.79%|
|7.68% Punjab GS 2019||0.67%|
|8.40% Gujarat GS 2019||0.41%|
|Daimler Financial Services India Private Limited||0.31%|
|8.24% Tamilnadu GS 2019||0.29%|
|Rent a Device Trust||0.28%|
|8.28% Rajasthan GS 2019||0.2%|
|8.40% M.P. GS 2019||0.2%|
|8.45% Kerala GS 2019||0.12%|
About UTI Liquid Cash Plan
Being an open ended scheme, it invests in fixed interest bearing money market securities and debt instruments of high quality. The fund aims to provide steady returns and generate reasonable income while maintaining high level of portfolio liquidity. However, the scheme does not guarantee assured returns.
Pros & Cons of UTI Liquid Cash Plan
UTI Liquid Cash Plan offers the following benefits:
- Opportunity to generate higher returns by investing in high-quality debt instruments for short-term
- Fund manager maintains a well-diversified portfolio of low duration instruments to keep portfolio volatility at low levels.
- Being a star-rated fund, it has beaten the benchmark and category returns by wider margins across different time horizons.
Fund Information and Statistics of UTI Liquid Cash Plan
i) Inception / Launch date
UTI Liquid Cash Plan was launched on 10 December 2003 by UTI Mutual Fund.
ii) Risk level
Being a liquid fund, UTI Liquid Cash Plan is a low risk bet and suitable for investors who have a short-term investment horizon of 6 months to 1 year.
Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.
iv) Fund Manager
Mr. Amandeep Chopra and Mr. Amit Sharma are jointly managing the UTI Liquid Cash Plan. Mr. Chopra, who holds over 20 years of experience in fund management, has been managing the fund since July 2015. Mr. Sharma has been managing the fund since July 2017.
v) Entry / Exit load
The fund house does not charge any entry load and exit load for investing in UTI Liquid Cash Plan.
Tax benefits of investing in UTI Liquid Cash Plan
The short-term capital gains made on sale of units within 3 years from the date of allotment will be taxed at the income tax slab rates of the investor. The long term capital gains made on sale of units after 3 years from the date of allotment will be taxable at the rate of 20% (with benefit of indexation).
About UTI Mutual Fund
UTI Mutual Funds are managed by UTI Asset Management Company Ltd. (UTI AMC). The AMC was established on November 14, 2002 and started functioning in the investment domain from February 1, 2003. The fund attempts to provide an effective combination of the domain leadership in the capital markets coupled with state-of-the-art technological expertise. Efforts are made to offer investing solution which match the risk-return needs of the clients.
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Frequently Asked Questions
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns