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2 star

UTI Medium Term Fund - Direct Plan


Debt: Medium Duration

1 Lakh

Investment Grown to
₹ 1.01 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.18 Lakh

Suitability:

Medium Duration debt funds invest in bonds maturing in 3 to 4 years' time. They aim to earn slightly better returns than inflation and bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.

We believe that retail investors who are looking to invest for 3 years or more should have at least some portion of their money in equity because of its ability to earn much higher returns. Therefore, Balanced Hybrid or Conservative Hybrid funds, which invest a part of your money in equity shares, are more suitable alternatives for an investment horizon of 3-5 years. They witness sharper ups and downs than Medium Duration debt funds but the possibility of incurring a loss is substantially reduced if you invest for 3 years and above.

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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(₹)
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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 -2.21 0.06 -2.67 -1.57 1.34 -2.46 1.08 4.51 6.88 -- --
VR Bond 5.61 0.10 0.42 0.92 3.31 5.46 7.11 7.03 7.59 -- --
Debt: Medium Duration 4.06 0.04 0.46 2.34 4.80 3.99 7.03 6.62 7.92 -- --
Rank within category 15 11 17 17 17 16 14 11 10 -- --
Number of funds in category 16 17 17 17 17 17 16 14 13 9 0

As on 13-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
UTI Medium Term Fund - Direct Plan  | Invest Online
2 star
Mar-15 1.08 4.51 6.88 1.10 112
ICICI Prudential Medium Term Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 11.28 8.06 9.02 1.03 4,864
SBI Magnum Medium Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 12.87 9.64 10.42 0.78 3,384
IDFC Bond Fund Medium Term Plan - Direct Plan
4 star
Jan-13 12.07 9.06 9.24 0.75 3,145
HDFC Medium Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 9.69 8.16 8.86 0.49 933

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.01 (24-Mar-2020 - 31-Mar-2020) -3.38 (04-Mar-2020 - 11-Mar-2020)
Month 3.36 (24-Mar-2020 - 23-Apr-2020) -4.62 (20-Feb-2020 - 23-Mar-2020)
Quarter 4.70 (23-Mar-2020 - 22-Jun-2020) -4.54 (24-Dec-2019 - 24-Mar-2020)
Year 12.80 (24-Nov-2015 - 24-Nov-2016) 0.08 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.40 2.86 0.03 0.04 0.51 -0.64
VR Bond 6.73 1.95 0.74 1.57 -- --
Debt: Medium Duration 5.46 4.38 0.45 0.98 0.55 -0.63
Rank within category 11 7 11 11 7 11
Number of funds in category 15 15 15 15 15 15

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 14 26 12 34
Modified Duration (yrs) 3.64 3.64 1.37 3.20
Average Maturity (yrs) 4.65 4.80 1.82 4.02
Yield to Maturity (%) 7.21 10.43 7.21 7.46

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 6.45% GOI 2029 GOI Securities SOV 0.00 - 32.26 32.26
new 6.72% Power Finance Corp. 2023 Debenture AAA 0.00 - 9.17 9.17
equal 8.50% L&T Infrastructre Finance 17/01/2023 Debenture AAA 0.00 - 10.89 9.10
new 5.62% Export-Import Bank 20/06/2025 Debenture AAA 0.00 - 8.92 8.92
equal 8.75% Amba River Coke 2022 Non Convertible Debenture AA- 0.00 - 10.82 8.90
equal 9.65% Green Infra Wind Energy 2023 Debenture AA 6.44 - 10.77 8.81
equal 8.13% Power Grid Corporation 25/04/2023 Debenture AAA 0.00 - 4.82 4.82
equal 9.50% Nayara Energy 29/07/2021 Bonds/NCDs AA 1.60 - 4.26 4.26
equal Zee Learn Debenture AA 0.00 - 3.03 3.03
equal 7.85% National Bank Agr. Rur. Devp 23/05/2022 Non Convertible Debenture AAA 0.00 - 5.26 2.83
equal 7.85% Bhopal Dhule Transmission 31/12/2021 Debenture AAA 0.63 - 1.81 1.81
equal 8.98% Power Finance Corp. 2024 Bonds AAA 0.33 - 0.99 0.99
equal 7.85% Bhopal Dhule Transmission 31/03/2021 Debenture AAA 0.00 - 0.91 0.91
equal Dewan Housing Fin. Corpn. 2021 Non Convertible Debenture D 0.00 - 0.00 0.00

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

— Amandeep Singh Chopra since 25-Mar-2015

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:

— Ritesh Nambiar since 01-Jul-2015

Education: Mr. Nambiar is an MMS (Finance), CFA and FRM holder.

Experience: Prior to joining UTI AMC in March 2008, he was a Fixed Income Analyst with CRISIL Research (January 2007 - March 2008) and a Fixed Income Trader with Eurex, LIFFE and CBOE Desk )(May 2005 - October 2006).

Funds Managed:


0.06%

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

Growth: ₹ 14.2468

Flexi Dividend: ₹ 11.5870

More

Dividend Yearly: ₹ 11.5771

Dividend Quarterly: ₹ 11.0793

Dividend Monthly: ₹ 10.0079

Dividend Half Yearly: ₹ 11.3648


Investment Strategy

The scheme seeks to generate reasonable income by investing in debt & money market securities such that the Macaulay duration of the portfolio is between 3 to 4 years.

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 For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 30-Mar-2015
Return Since Launch: 6.92%
Benchmark: CRISIL Medium Term Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 112 Cr (As on 30-Jun-2020)
Expense: 1.10% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly01-Jul-20200.0600

 02-Mar-20200.0432
 03-Feb-20200.0432
 01-Jan-20200.0432
 02-Dec-20190.0432
 01-Nov-20190.0432
 01-Oct-20190.0432
 03-Sep-20190.0432
 01-Aug-20190.0432
 01-Jul-20190.0432
 03-Jun-20190.0432
 02-May-20190.0432
 02-Apr-20190.0432
 01-Mar-20190.0432
 01-Feb-20190.0432
 01-Jan-20190.0432
 03-Dec-20180.0432
 01-Nov-20180.0432
 01-Oct-20180.0432
 03-Sep-20180.0432
 01-Aug-20180.0432
 02-Jul-20180.0432
 01-Jun-20180.0432
 02-May-20180.0432
 03-Apr-20180.0504
Dividend Quarterly24-Jun-20200.1000

 26-Dec-20190.1080
 25-Sep-20190.1441
 25-Mar-20190.1441
 26-Dec-20180.0900
 25-Sep-20180.0324
 26-Jun-20180.0216
 26-Mar-20180.1083
 26-Dec-20170.1083
 25-Sep-20170.1083
 28-Jun-20170.1083
 22-Mar-20170.1806
 26-Dec-20160.1083
 26-Sep-20160.1083
 27-Jun-20160.1083
 28-Mar-20160.3250
 28-Dec-20150.0542
 28-Sep-20150.0542
Dividend Half Yearly25-Sep-20190.1441

 25-Mar-20190.2341
 25-Sep-20180.0540
 26-Mar-20180.2167
 25-Sep-20170.2167
 22-Mar-20170.2889
 26-Sep-20160.2167
 28-Mar-20160.4334
Dividend Yearly25-Mar-20190.2881

 26-Mar-20180.4334
 22-Mar-20170.5056
 28-Mar-20160.4334
Flexi Dividend25-Mar-20190.2881

 26-Mar-20180.4334
 22-Mar-20170.5056
 28-Mar-20160.4334

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

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