About UTI Treasury Advantage Fund Direct-Dividend weekly Reinvestment
UTI Treasury Advantage Fund Direct-Dividend weekly Reinvestment is a Debt
mutual fund scheme from UTI Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Sudhir Agrawal
. It has an AUM of ₹2,380.42 Crores and the latest NAV decalared is ₹939.215 as on 11 Nov 2019 at 9:00 pm.
UTI Treasury Advantage Fund Direct-Dividend weekly Reinvestment scheme return performance in last 1 year is -3.52%, in last 3 years is 10.68% and 55.86% since scheme launch. The min. SIP amount to invest in this scheme is ₹10000.
About Fund Category
Low Duration Funds maintain a portfolio of high-rated debt and money market instruments. Since the portfolio has a Macaulay duration of around 6 to12 months, these funds try to achieve a balance of safety, liquidity and yield. Investors may find these funds suitable to earn regular income on short term surplus money.