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3 star

UTI Long Term Equity Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.92 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to 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 for 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 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 1.02 0.88 3.14 7.65 7.66 25.97 7.96 3.98 7.05 11.57 7.78
S&P BSE 500 TRI 0.39 0.39 1.71 6.40 7.73 29.31 4.79 4.35 8.63 12.32 8.16
Equity: ELSS -0.42 0.45 1.77 5.74 7.49 25.36 3.01 2.36 7.25 13.10 8.87
Rank within category 12 2 2 3 13 14 7 11 17 22 20
Number of funds in category 38 38 38 38 38 38 37 34 30 29 27

As on 23-Oct-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  | Invest Online
3 star
Dec-99 7.96 3.98 7.05 2.41 1,338
Axis Long Term Equity Fund
4 star
Dec-09 0.22 6.76 9.05 1.72 21,836
Aditya Birla Sun Life Tax Relief 96  | Invest Online
4 star
Mar-96 4.09 2.41 8.09 1.89 11,123
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 0.81 3.27 9.29 1.86 6,178
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 11.03 8.00 -- 1.77 4,270

Best & Worst Performance

Best (Period) Worst (Period)
Week 16.47 (27-Oct-2008 - 04-Nov-2008) -18.88 (15-Jan-2008 - 22-Jan-2008)
Month 30.36 (11-May-2009 - 10-Jun-2009) -35.07 (20-Feb-2020 - 23-Mar-2020)
Quarter 61.00 (09-Mar-2009 - 10-Jun-2009) -37.99 (02-Sep-2008 - 02-Dec-2008)
Year 90.32 (09-Mar-2009 - 11-Mar-2010) -56.22 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.81 21.12 0.04 0.04 0.95 -0.73
S&P BSE 500 TRI 6.61 21.81 0.07 0.08 -- --
Equity: ELSS 4.36 21.40 -0.03 -0.03 0.95 -2.17
Rank within category 11 14 11 11 18 11
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-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 61
Top 10 Stocks (%) 41.98
Top 5 Stocks (%) 28.73
Top 3 Sectors (%) 49.53
Portfolio P/B Ratio 2.98
Portfolio P/E Ratio 23.73

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 64,289 93,415
Giant (%) 42.50 50.27
Large (%) 16.66 15.96
Mid (%) 33.58 25.18
Small (%) 7.26 8.58
Tiny (%) -- 0.14

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 Infosys Technology 26.76 7.62 3.85 7.62
equal HDFC Bank Financial 23.00 8.84 6.41 7.36
equal ICICI Bank Financial 28.27 8.74 5.06 5.88
up HDFC Financial 16.86 4.41 0.00 4.41
equal Axis Bank Financial 91.77 6.57 1.77 3.46
up Bharti Airtel Communication -- 3.87 1.01 3.16
equal ITC FMCG 14.52 5.70 2.74 2.74
down Crompton Greaves Consumer Electricals Cons Durable 39.73 2.56 0.81 2.56
down L&T Infotech Technology 31.93 2.54 0.00 2.44
equal Gujarat Gas Chemicals 19.49 2.89 0.62 2.35
equal Tech Mahindra Technology 20.57 2.01 0.98 2.00
equal Maruti Suzuki India Automobile 53.25 3.76 1.66 1.98
equal Eicher Motors Automobile 45.19 2.01 0.00 1.89
down Jubilant FoodWorks Services 218.07 2.21 0.54 1.83
equal Bajaj Finance Financial 44.53 1.84 0.00 1.76
down Escorts Automobile 33.57 1.73 0.00 1.73
equal Coromandel International Chemicals 17.31 2.48 1.03 1.71
up Mphasis Technology 21.12 4.57 1.03 1.69
equal Torrent Power Energy 12.15 1.92 0.00 1.49
equal Petronet LNG Energy 13.23 2.28 0.00 1.49
equal Aditya Birla Fashion and Retail Services -- 2.87 0.88 1.47
equal Dr. Reddy's Lab Healthcare 42.90 1.41 0.00 1.41
down Torrent Pharmaceuticals Healthcare 40.94 1.60 0.00 1.35
up Nestle India FMCG 73.81 2.02 0.91 1.35
equal Sun Pharmaceutical Inds. Healthcare 160.99 1.73 1.11 1.31

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-Sep-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:


0.88%

Change from previous, NAV as on 23-Oct-2020

Growth: ₹ 93.1088

Dividend: ₹ 19.4518


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: 15-Dec-1999
Return Since Launch: 13.72%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,338 Cr (As on 30-Sep-2020)
Expense: 2.41% (As on 30-Sep-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 35.00%

Most Recent Dividends

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

 22-Feb-20182.7000
 17-Jan-20171.3500
 25-Jan-20162.5000
 19-Jan-20152.2000
 18-Dec-20132.0000
 21-Feb-20111.0000
 29-Dec-20091.5000
 04-Feb-20083.5000
 16-Jan-20072.0000
 23-Feb-20066.0000
 15-Sep-20054.0000
 29-Nov-20042.0000
 20-Jan-20044.0000
 01-Mar-20011.2000

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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