VR Logo

UTI Gilt Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.13 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.32 0.11 0.37 0.27 1.06 2.37 12.85 7.09 8.49 9.55 --
CCIL All Sovereign Bond - TRI 0.68 0.11 0.46 0.62 1.96 2.23 12.82 7.32 8.66 8.97 --
Debt: Gilt 0.58 0.15 0.52 0.47 1.52 2.64 12.03 6.75 8.31 8.99 --
Rank within category 21 16 20 18 19 13 6 8 11 6 --
Number of funds in category 21 21 21 21 21 21 21 21 21 19 0

As on 27-Jan-2020

Best & Worst Performance

Best (Period) Worst (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
Fund 7.53 3.97 0.46 1.04 0.70 0.71
CCIL All Sovereign Bond - TRI 7.31 5.14 0.31 0.57 -- --
Debt: Gilt 6.85 4.16 0.28 0.56 0.75 -0.06
Rank within category 6 8 6 4 6 6
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 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 7 8 2 8
Modified Duration (yrs) 3.74 7.92 3.27 5.35
Average Maturity (yrs) 5.38 13.26 4.53 7.86
Yield to Maturity (%) 6.35 8.17 6.35 6.57

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 6.45% GOI 2029 GOI Securities SOV 0.00 - 28.05 28.05
new Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 18.65 18.65
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 9.81 9.72
new 6.18% GOI 2024 GOI Securities SOV 0.00 - 9.31 9.31
equal 8.44% Rajasthan State 27/02/2029 State Development Loan SOV 0.00 - 5.50 5.10
equal 8.13% GOI 22/06/2045 GOI Securities SOV 0.00 - 4.29 3.16
down 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 58.21 2.92

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-Dec-2019

Fund Manager

— Amandeep Singh Chopra since 01-Jan-2013

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:


0.11%

Change from previous, NAV as on 27-Jan-2020

Growth: ₹ 45.8132

Dividend Quarterly: ₹ 23.2776


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: 01-Jan-2013
Return Since Launch: 9.64%
Benchmark: CRISIL Dynamic Gilt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 531 Cr (As on 31-Dec-2019)
Expense: 0.64% (As on 31-Dec-2019)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly26-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
 25-Sep-20140.4676
 26-Mar-20140.0779
 25-Mar-20130.1762

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: www.utimf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

How worrisome is the slowdown

dateFriday, 31-Jan-2020
time12:30 PM - 01:00 PM