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3 star

UTI Long Term Equity Fund - Direct Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.61 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • 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 10% (effectively 11.648%, 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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(₹)
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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 -9.29 -0.74 0.57 4.38 15.31 -10.29 -0.47 1.92 5.80 11.58 --
S&P BSE 500 TRI -10.03 -0.42 1.44 6.45 18.81 -10.99 -4.74 2.35 6.32 11.43 --
Equity: ELSS -9.97 -0.37 1.13 5.52 15.37 -10.89 -4.47 1.36 5.84 13.17 --
Rank within category 17 35 32 31 18 16 11 18 15 21 --
Number of funds in category 38 38 38 38 38 38 36 34 30 28 1

As on 10-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
UTI Long Term Equity Fund - Direct Plan  | Invest Online
3 star
Jan-13 -0.47 1.92 5.80 1.53 1,224
Axis Long Term Equity Fund - Direct Plan  | Invest Online
5 star
Jan-13 0.49 7.14 8.73 0.93 20,292
Aditya Birla Sun Life Tax Relief 96 - Direct Plan  | Invest Online
4 star
Jan-13 1.45 3.70 7.95 0.94 10,101
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 -2.51 3.41 8.40 0.94 5,789
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 0.83 6.85 -- 0.42 3,538

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.63 (01-Apr-2020 - 09-Apr-2020) -17.75 (16-Mar-2020 - 23-Mar-2020)
Month 17.74 (23-Mar-2020 - 22-Apr-2020) -35.01 (20-Feb-2020 - 23-Mar-2020)
Quarter 30.80 (23-Mar-2020 - 22-Jun-2020) -32.16 (23-Dec-2019 - 23-Mar-2020)
Year 60.03 (13-Feb-2014 - 13-Feb-2015) -27.55 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.26 20.92 -0.05 -0.05 0.95 -0.07
S&P BSE 500 TRI 4.28 21.61 -0.05 -0.05 -- --
Equity: ELSS 3.36 21.18 -0.09 -0.10 0.95 -0.97
Rank within category 16 14 16 16 18 16
Number of funds in category 34 34 34 34 34 34

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 65
Top 10 Stocks (%) 41.91
Top 5 Stocks (%) 27.70
Top 3 Sectors (%) 46.74
Portfolio P/B Ratio 2.86
Portfolio P/E Ratio 21.00

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 60,389 89,760
Giant (%) 43.87 52.59
Large (%) 17.99 15.43
Mid (%) 31.60 23.93
Small (%) 6.55 8.24
Tiny (%) -- 0.13

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 21.76 8.84 6.41 7.95
equal ICICI Bank Financial 23.93 8.74 5.06 6.23
equal Infosys Technology 20.45 6.62 3.63 6.21
up Bharti Airtel Communication -- 3.87 1.01 3.77
equal HDFC Financial 14.94 4.15 0.00 3.54
equal ITC FMCG 15.86 5.70 3.08 3.39
equal Axis Bank Financial 67.06 6.57 1.77 3.37
equal Gujarat Gas Chemicals 17.78 2.89 0.00 2.89
equal Crompton Greaves Consumer Electricals Cons Durable 31.08 2.55 0.39 2.38
up L&T Infotech Technology 25.14 2.18 0.00 2.18
down Petronet LNG Energy 14.71 2.28 0.00 1.90
equal Eicher Motors Automobile 29.36 1.89 0.00 1.89
equal Maruti Suzuki India Automobile 31.89 3.76 1.66 1.87
equal Coromandel International Chemicals 20.68 2.48 1.03 1.83
equal Jubilant FoodWorks Services 77.07 2.21 0.00 1.74
equal Torrent Power Energy 13.48 1.92 0.00 1.66
up Bajaj Finance Financial 37.01 1.66 0.00 1.66
equal Escorts Automobile 29.29 1.73 0.00 1.58
equal Shree Cement Construction 52.41 1.67 0.00 1.56
up Aditya Birla Fashion and Retail Services -- 2.87 0.45 1.41
equal Phoenix Mills Construction 27.19 1.65 0.00 1.39
down Muthoot Finance Financial 14.18 2.83 0.00 1.39
equal Sun Pharmaceutical Inds. Healthcare 31.84 1.73 1.11 1.36
equal Torrent Pharmaceuticals Healthcare 38.97 1.60 0.00 1.33
equal Nestle India FMCG 80.52 2.02 0.00 1.30

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 30-Jun-2020

Fund Manager

— Vetri Subramaniam since 01-Sep-2017

Education: Mr. Subramaniam is a B.Com (H) and PGDBM (Finance) from IIM Bangalore

Experience: Prior to joining UTI Asset Management Company, he was working with Invesco AMC as the Chief Investment Officer. He had also worked with Motilal Oswal Securities Ltd., Capris Investment Management, Kotak Mahindra Asset Management, SSKI Investors Services Ltd. and SSKI Securities Pvt. Ltd.

Interviews:

Funds Managed:

— Vishal Chopda since 30-Aug-2019

Education: Mr. Chopda is BE, PGDM & CFA

Experience: He joined UTI AMC in January 2011 and worked for the past 7 years as Research Analyst. He has previously worked with Care Ratings.

Funds Managed:


0.22%

Change from previous, NAV as on 13-Jul-2020

Growth: ₹ 88.8015

Dividend: ₹ 22.3944


Investment Strategy

An open-ended equity fund investing a minimum of 80% in equity related instruments. It Aims at enabling members to avail tax rebate under Section 80C of the IT Act and provide them with the benefits of growth.

Investment Details

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

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 10.26%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,224 Cr (As on 30-Jun-2020)
Expense: 1.53% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 48.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend29-Jan-20191.3281

 22-Feb-20182.7000
 17-Jan-20171.3500
 25-Jan-20161.5000
 19-Jan-20152.2000
 18-Dec-20131.0000

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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM