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Unrated

UTI Fixed Term Income Fund - Series XXXI - XIV (1111 Days) - Regular Plan


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.06 Lakh

Suitability:

Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

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
Fund 4.04 0.01 0.09 0.51 1.45 3.53 6.45 -- -- -- --
CCIL T Bill Liquidity Weight 1.49 0.01 0.04 0.18 0.63 1.15 2.18 -- -- -- --
Debt: FMP 3.42 0.02 0.07 0.46 1.19 2.79 5.69 -- -- -- --
Rank within category 43 94 34 39 34 40 47 -- -- -- --
Number of funds in category 304 319 317 314 308 304 304 49 3 3 0

As on 16-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
UTI Fixed Term Income Fund - Series XXXI - XIV (1111 Days) - Regular Plan
Unrated
May-19 6.45 -- -- 0.41 39
Kotak FMP Series 252 - 1261 Days - Regular Plan
Unrated
Nov-18 4.96 -- -- 0.09 1,349
HDFC Fixed Maturity Plan - 1487 Days - August 2018 (1) - Regular Plan
Unrated
Sep-18 11.06 9.68 -- 0.27 790
Kotak FMP Series 239 - 1330 Days - Regular Plan
Unrated
Aug-18 9.36 9.53 -- 0.12 780
SBI Fixed Maturity Plan - Series 41 (1498 Days) - Regular Plan
Unrated
Mar-21 -- -- -- 0.35 754

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.41 24-Mar-2020 - 31-Mar-2020 -1.69 12-Mar-2020 - 19-Mar-2020
Month 2.64 24-Mar-2020 - 23-Apr-2020 -2.29 25-Feb-2020 - 26-Mar-2020
Quarter 5.26 26-Mar-2020 - 25-Jun-2020 -0.38 24-Dec-2019 - 24-Mar-2020
Year 11.38 04-Jul-2019 - 03-Jul-2020 5.81 17-Jul-2020 - 19-Jul-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.37 0.39 -1.71 -4.34 -- --
Debt: FMP* 7.80 2.15 2.19 4.17 1.29 4.62
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 14 14 13 15
Modified Duration (yrs) -- -- -- 0.53
Average Maturity (yrs) 0.57 1.35 0.57 0.57
Yield to Maturity (%) -- -- -- 4.13
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal HDB Financial Services 2022 Debenture AAA 12.23 - 12.32 12.23
equal LIC Housing Fin. 2022 Bonds/NCDs AAA 10.57 - 10.65 10.57
equal 2.00% Tata Steel 23/04/2022 Debenture AA+ 0.00 - 10.35 10.35
equal 8.02% Larsen & Toubro 22/05/2022 Non Convertible Debenture AAA 8.54 - 9.24 8.54
equal 7.42% Maharashtra State 2022 State Development Loan SOV 0.00 - 8.57 7.98
equal 7.85% The Indian Hotels Company 15/04/2022 Bonds/Debentures AA 0.00 - 8.13 7.96
equal 8.75% Amba River Coke 2022 Non Convertible Debenture AA- 7.81 - 8.25 7.81
equal 8.58% HDFC 18/03/2022 Debenture AAA 6.92 - 7.52 6.92
equal 8.65% Afcons Infrastructure 23/02/2022 Debenture A+ 0.00 - 7.32 6.19
equal 8.88% Gujarat State 2022 State Development Loan SOV 0.00 - 5.55 5.39
equal 8.45% REC 22/03/2022 Debenture AAA 4.53 - 4.92 4.53
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 3.98 - 4.32 3.98
equal 5.62% Orissa State 15/10/2021 State Development Loan SOV 2.60 - 2.79 2.60
equal 7.40% Power Finance Corporation 30/09/2021 Bonds AAA 0.52 - 0.57 0.52

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-Aug-2021

Fund Manager

— Sunil Patil since 08-May-2019

Education: Mr. Sunil Patil is an M.Com, MFM and CA LLB-I.

Experience: He joined UTI AMC in October 1989. He has overall 31 years of experience in Primary Market Investment / Dealing and Fund Management.

Funds Managed:


0.01%

Change from previous, NAV as on 16-Sep-2021

Growth: ₹ 12.1214

IDCW Yearly: ₹ 10.6814

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IDCW Quarterly: ₹ 10.3888

IDCW: ₹ 12.1191

Flexi IDCW: ₹ 12.1217


Investment Strategy

The scheme aims to generate returns by investing in a portfolio of fixed income securities maturing on or before the date of maturity of the scheme.

Investment Details

Tenure (Days) 1111
Maturity date 07-Jun-2022

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 23-May-2019
Return Since Launch: 8.64%
Benchmark: CRISIL Composite Bond Index
Riskometer: Moderate
Type: Closed-end

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly13-Sep-20210.1682

 14-Jun-20210.1292
 18-Mar-20210.1677
 14-Dec-20200.2160
 14-Sep-20200.1705
 17-Jun-20200.1713
 19-Mar-20200.1273
 16-Dec-20190.1137
 24-Sep-20190.1351
 19-Jun-20190.0403
IDCW Yearly18-Mar-20210.7433

 19-Mar-20200.4244

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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