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UTI Long Term Equity Fund


1 Lakh

Investment declined to
₹ 0.90 Lakh

₹ 10000

Monthly SIP Declined to
₹ 2.77 Lakh

Analyst's Choice?

Suitability:

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:

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -25.02 6.58 1.45 -21.63 -24.48 -16.60 -21.23 -3.37 0.40 8.25 6.09
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
Equity: ELSS -25.21 6.96 1.79 -20.97 -24.59 -18.98 -22.05 -3.26 0.95 9.95 7.46
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 & 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 -1.60 19.14 -0.37 -0.36 0.97 -0.74
S&P BSE 500 TRI -1.04 19.32 -0.34 -0.33 -- --
Equity: ELSS -1.89 19.35 -0.38 -0.37 0.97 -1.06
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

Asset Allocation (%)

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Concentration & Valuation

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

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 69,209 83,607
Giant (%) 45.43 49.68
Large (%) 17.14 16.00
Mid (%) 30.49 26.02
Small (%) 6.94 8.49
Tiny (%) -- 0.11

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
up ICICI Bank Financial 22.25 8.74 5.06 8.31
equal HDFC Bank Financial 18.70 8.84 6.12 8.24
up Infosys Technology 16.70 6.59 3.63 5.77
equal Axis Bank Financial 22.92 6.57 1.77 5.44
new HDFC Financial 12.35 3.86 0.00 3.86
up ITC FMCG 14.89 5.70 3.08 3.08
equal Bharti Airtel Communication -- 2.76 1.01 2.76
down Gujarat Gas Chemicals 14.93 2.75 0.00 2.63
up Crompton Greaves Consumer Electricals Cons Durable 24.69 2.52 0.39 2.52
up NTPC Energy 4.16 2.48 0.00 2.02
up Petronet LNG Energy 10.74 1.90 0.00 1.90
up Aditya Birla Fashion and Retail Services 58.49 2.87 0.45 1.83
up L&T Infotech Technology 16.18 1.80 0.00 1.80
equal Shree Cement Construction 44.78 1.66 0.00 1.66
equal Maruti Suzuki India Automobile 22.23 3.76 1.66 1.66
equal Phoenix Mills Construction 15.04 1.64 0.00 1.64
up Eicher Motors Automobile 17.23 1.62 0.00 1.62
down Jubilant FoodWorks Services 57.28 1.77 0.00 1.61
down Muthoot Finance Financial 9.57 2.83 0.00 1.53
equal Torrent Power Energy 9.53 1.92 0.00 1.49
equal Cholamandalam Invest. & Fin. Financial 8.18 1.59 0.00 1.47
equal Coromandel International Chemicals 15.74 2.48 1.03 1.41
equal The Ramco Cements Construction 18.30 1.49 0.00 1.40
equal Torrent Pharmaceuticals Healthcare 71.48 1.34 0.00 1.34
down Essel Propack Chemicals 24.53 1.77 0.00 1.30

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 29-Feb-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:


6.58%

Change from previous, NAV as on 07-Apr-2020

Growth: ₹ 69.1147

Dividend: ₹ 14.4390


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: 01-Aug-2005
Return Since Launch: 12.45%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,295 Cr (As on 29-Feb-2020)
Expense: 2.18% (As on 29-Feb-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 50.00%

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: 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

Last Session

Investors' Hangout

5 ways to deal with market panic

dateFriday, 20-Mar-2020
time12:30 PM - 01:00 PM

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