To generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of money market securities and high quality debt.
UTI Liquid Fund - Discontinued Plan - IDCW - Periodic charges 0.0045000000000000005% of sell value; if fund sold before 6 days. There are no other charges., 0.005% if fund sold before 5 days. There are no other charges., 0.0055000000000000005% if fund sold before 4 days. There are no other charges., 0.006% if fund sold before 3 days. There are no other charges., 0.0065% if fund sold before 2 days. There are no other charges., 0.006999999999999999% if fund sold before 1 days. There are no other charges.
Any profit will be clubbed with your income and taxed at your effective tax rate.