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3 star

UTI Gilt Fund - Regular Plan


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.28 Lakh

Suitability:

This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharper ups and downs because of changes in interest rates.

Like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 8.90 0.15 0.48 1.10 7.05 8.90 11.40 8.58 9.92 9.78 9.65
CCIL All Sovereign Bond - TRI 9.98 0.33 0.60 1.51 6.10 9.74 11.87 9.77 10.32 9.63 9.22
Debt: Gilt 8.70 0.14 0.48 1.19 6.39 8.65 10.91 8.12 9.16 8.71 8.83
Rank within category 12 10 14 18 5 12 11 9 8 5 4
Number of funds in category 25 25 25 25 25 25 25 25 24 22 20

As on 08-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
UTI Gilt Fund - Regular Plan  | Invest Online
3 star
Jan-02 11.40 8.58 9.92 0.93 651
SBI Magnum Gilt Fund  | Invest Online
4 star
Dec-00 12.82 8.83 10.16 0.95 2,752
Nippon India Gilt Securities PF
5 star
Aug-08 12.16 9.49 10.57 1.71 1,381
Nippon India Gilt Securities Fund  | Invest Online
5 star
Jul-03 12.15 9.49 10.57 1.58 1,381
DSP Government Securities Fund  | Invest Online
4 star
Sep-99 13.62 9.47 9.99 1.09 1,173

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.93 (26-Dec-2008 - 02-Jan-2009) -11.10 (02-Jan-2009 - 09-Jan-2009)
Month 13.64 (18-Nov-2008 - 18-Dec-2008) -10.18 (02-Jan-2009 - 03-Feb-2009)
Quarter 31.63 (03-Oct-2008 - 02-Jan-2009) -14.27 (05-Jan-2009 - 06-Apr-2009)
Year 35.55 (03-Jan-2008 - 02-Jan-2009) -13.29 (02-Jan-2009 - 04-Jan-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.02 3.86 0.70 1.93 0.71 0.00
CCIL All Sovereign Bond - TRI 9.12 4.76 0.80 1.80 -- --
Debt: Gilt 7.61 3.92 0.60 1.38 0.76 -0.59
Rank within category 8 12 11 5 6 9
Number of funds in category 25 25 25 25 25 25

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 8 10 4 8
Modified Duration (yrs) 5.92 7.92 3.74 --
Average Maturity (yrs) 8.59 13.26 5.38 --
Yield to Maturity (%) 6.13 7.35 6.13 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 6.45% GOI 2029 GOI Securities SOV 0.00 - 35.37 22.99
down 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 30.53 18.80
new 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 58.21 14.88
new 7.27% GOI 2026 GOI Securities SOV 0.00 - 30.63 12.44
new 5.79% GOI 2030 GOI Securities SOV 0.00 - 11.54 11.54
equal 8.13% GOI 22/06/2045 GOI Securities SOV 0.00 - 4.29 2.71
new 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 0.77 0.77
equal 7.24% GOI 29/01/2030 GOI Securities SOV 0.00 - 4.41 0.29

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2020

Fund Manager

— Amandeep Singh Chopra since 16-Feb-2012

Education: Mr. Chopra is a B.Sc. from St.Stephen's College and an MBA from FMS, Delhi.

Experience: He has been with associated with UTI AMC for over two decades.

Interviews:

Funds Managed:


0.15%

Change from previous, NAV as on 08-Jul-2020

Growth: ₹ 48.7651

Dividend Quarterly: ₹ 30.2489


Investment Strategy

To generate credit risk-free return through investments in sovereign securities issued by the Central and/ or a state Government.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 21-Jan-2002
Return Since Launch: 8.96%
Benchmark: CRISIL Dynamic Gilt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 651 Cr (As on 31-May-2020)
Expense: 0.93% (As on 31-May-2020)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly30-Sep-20090.0876

 31-Dec-20080.3504
 30-Sep-20080.1752
 30-Mar-20080.3896
 28-Sep-20070.1971
 30-Mar-20070.1316
 29-Sep-20060.2193
 27-Mar-20060.2193
 26-Sep-20050.1316
 28-Mar-20050.0663
 15-Sep-20040.0440
 15-Jun-20040.1500
 15-Mar-20040.2000
 15-Dec-20030.2000
 15-Sep-20030.4000
 16-Jun-20030.2500
 05-May-20030.7000
 16-Dec-20020.4000
 16-Sep-20020.5000

Contact Information

AMC: UTI Asset Management Company Ltd

Address: UTI Tower, 'GN' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022- 66786666 / 66786354 / 1800-22-1230

Fax: 022-26523031

Email: [email protected]

Website: http://www.utimf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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