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3 star

UTI Gilt Fund - Direct Plan download report


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.20 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 sharp ups and downs because of changes in interest rates.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."

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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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
UTI Gilt Direct-G -0.38 -0.01 0.02 0.03 0.00 -0.49 1.79 7.16 6.46 7.90 --
CCIL All Sovereign Bond - TRI -2.52 -0.16 0.37 -0.48 -2.71 -2.87 -0.41 6.98 6.92 7.77 --
Debt: Gilt -0.92 -0.01 0.11 -0.40 -1.02 -0.84 1.68 7.35 6.72 7.85 --
Rank within category 5 12 23 3 2 9 11 12 13 11 --
Number of funds in category 24 26 26 26 24 24 23 21 21 21 0

As on 17-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
UTI Gilt Fund - Direct Plan  | Invest Online
3 star
Jan-13 1.79 7.16 6.46 0.67% 543
SBI Magnum Gilt Fund - Direct Plan  | Invest Online
4 star
Jan-13 2.43 8.55 7.37 0.46% 3,530
IDFC Government Securities Fund - Investment Plan - Direct Plan  | Invest Online
4 star
Jan-13 1.10 8.37 7.57 0.61% 1,426
Aditya Birla Sun Life Government Securities Fund - Direct Plan  | Invest Online
4 star
Jan-13 1.88 7.99 7.30 0.29% 1,108
DSP Government Securities Fund - Direct Plan  | Invest Online
4 star
Jan-13 2.22 8.67 7.78 0.54% 412

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.97 19-Aug-2013 - 26-Aug-2013 -3.93 12-Aug-2013 - 19-Aug-2013
Month 6.05 04-Nov-2016 - 06-Dec-2016 -5.53 19-Jul-2013 - 19-Aug-2013
Quarter 10.60 12-Sep-2014 - 12-Dec-2014 -7.93 20-May-2013 - 19-Aug-2013
Year 24.39 26-Feb-2014 - 27-Feb-2015 -0.37 14-Jun-2017 - 14-Jun-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
UTI Gilt Direct-G 7.31 3.77 1.00 1.93 0.67 0.99
CCIL All Sovereign Bond - TRI 7.67 4.73 0.88 1.29 -- --
Debt: Gilt 7.63 3.60 1.13 1.93 0.69 1.26
Rank within category 14 15 15 10 8 14
Number of funds in category 21 21 21 21 21 21

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

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 11 14 10 13
Modified Duration (yrs) 0.89 4.64 0.89 3.05
Average Maturity (yrs) 3.26 10.62 3.26 4.47
Yield to Maturity (%) 4.66 5.63 4.43 5.89
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 28.22 17.43
equal Reserve Bank of India 182-D 22/09/2022 Treasury Bills SOV 0.00 - 13.60 13.60
equal Reserve Bank of India 182-D 04/08/2022 Treasury Bills SOV 0.00 - 11.85 11.85
down 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 24.66 10.75
down Reserve Bank of India 182-D 29/09/2022 Treasury Bills SOV 0.00 - 9.06 9.06
down Reserve Bank of India 91-D 02/06/2022 Treasury Bills SOV 0.00 - 8.27 8.27
down Reserve Bank of India 182-D 15/09/2022 Treasury Bills SOV 0.00 - 13.30 7.26
new Reserve Bank of India 182-D 28/07/2022 Treasury Bills SOV 0.00 - 6.39 6.39
equal 8.13% GOI 22/06/2045 GOI Securities SOV 2.26 - 2.99 2.99
equal 7.24% GOI 29/01/2030 GOI Securities SOV 0.25 - 0.33 0.33
new Clearing Corporation Short Term Deposit -- 0.00 - 0.30 0.30

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-Apr-2022

Fund Manager

— Sudhir Agrawal since 01-Dec-2021

Education: Mr.Sudhir Agrawal is a M.Com, PGDBA (Finance) and a CFA.

Experience: Prior to joining UTI he has worked with TATA Asset Management Ltd., Tramp Value Pvt. Ltd. and CARE Ratings.

Interviews:

Funds Managed:


-0.01%

Change from previous, NAV as on 17-May-2022

Growth: ₹ 51.5935

IDCW Quarterly: ₹ 25.1763


Investment Strategy

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

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.55%
Benchmark: CRISIL Dynamic Gilt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 543 Cr (As on 30-Apr-2022)
Expense: 0.67% (As on 31-Mar-2022)
Risk Grade: Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly22-Mar-20220.0500

 23-Dec-20210.0750
 22-Sep-20210.1000
 23-Jun-20210.0750
 22-Mar-20210.1000
 21-Dec-20200.1000
 23-Sep-20200.1500
 24-Jun-20200.1500
 26-Mar-20200.1441
 26-Dec-20190.1441
 25-Sep-20190.1441
 27-Jun-20190.1080
 25-Mar-20190.1441
 26-Dec-20180.1008
 25-Sep-20180.0216
 26-Jun-20180.0216
 26-Dec-20170.1083
 25-Sep-20170.1083
 28-Jun-20170.1083
 22-Mar-20170.2347
 26-Dec-20160.0903
 26-Sep-20160.0903
 27-Jun-20160.0903
 28-Mar-20160.1083
 26-Mar-20150.4355

Contact Information

AMC: UTI Asset Management Company Ltd

Address: 1st Floor, Signature, Office No.103 Valsad Dharampur Road Mumbai - 396001

Phone: 0263 2296993

Fax: (0260) 2421315

Website: http://www.utimf.com

Registrar & Transfer Agent: KFin Technologies 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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