When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto 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 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:
|S&P BSE 500 TRI||-27.22||7.78||2.24||-20.73||-26.69||-20.39||-24.85||-2.47||1.36||8.66||6.26|
|Rank within category||15||23||26||24||16||10||15||18||20||20||22|
|Number of funds in category||36||36||36||36||36||35||34||32||28||26||25|
As on 07-Apr-2020
|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)|
|S&P BSE 500 TRI||-1.04||19.32||-0.34||-0.33||--||--|
|Rank within category||16||15||16||16||19||16|
|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 31-Mar-2020
|Number of Stocks||61|
|Top 10 Stocks (%)||44.63|
|Top 5 Stocks (%)||31.62|
|Top 3 Sectors (%)||50.21|
|Portfolio P/B Ratio||3.05|
|Portfolio P/E Ratio||20.82|
|Average Mkt Cap (Rs Cr)||69,209||83,607|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Crompton Greaves Consumer Electricals||Cons Durable||24.69||2.52||0.39||2.52|
|Aditya Birla Fashion and Retail||Services||58.49||2.87||0.45||1.83|
|Maruti Suzuki India||Automobile||22.23||3.76||1.66||1.66|
|Cholamandalam Invest. & Fin.||Financial||8.18||1.59||0.00||1.47|
|The Ramco Cements||Construction||18.30||1.49||0.00||1.40|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 29-Feb-2020
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.
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.
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
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.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||--|
|Minimum Balance (₹)||500|
|Fund House:||UTI Mutual Fund|
|Return Since Launch:||12.45%|
|Benchmark:||NIFTY 500 TRI|
|Assets:||₹ 1,295 Cr (As on 29-Feb-2020)|
|Expense:||2.18% (As on 29-Feb-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
Fund News - 11-Nov-2019
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
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]