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UTI Long Term Equity Fund

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Equity: ELSS

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1 Lakh

Investment Grown to
₹ 1.32 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.80 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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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 3.75 -1.61 -0.14 -2.59 -0.46 26.34 53.96 9.60 12.57 13.31 11.05
S&P BSE 500 TRI 5.35 -1.81 0.45 -1.92 1.20 25.26 60.47 10.41 14.31 13.94 11.48
Equity: ELSS 5.20 -1.54 0.44 -1.69 1.24 24.06 52.95 8.13 12.75 14.25 12.25
Rank within category 25 26 35 30 28 11 16 12 17 18 21
Number of funds in category 38 38 38 38 38 38 38 35 33 29 27

As on 19-Apr-2021

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
4 star
 Dec-99 53.96 9.60 12.57 2.40 1,800
Axis Long Term Equity Fund
4 star
 Dec-09 45.95 11.62 14.76 1.85 27,870
DSP Tax Saver Fund  | Invest Online
4 star
 Jan-07 58.40 11.47 14.79 1.83 8,056
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
 Dec-15 63.75 14.86 19.91 1.97 6,934
Canara Robeco Equity Tax Saver Fund - Regular Plan  | Invest Online
5 star
 Mar-93 54.79 14.84 15.66 2.34 1,961

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 91.04 23-Mar-2020 - 23-Mar-2021 -56.22 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 14.38 22.24 0.45 0.47 0.96 -0.12
S&P BSE 500 TRI 14.92 22.86 0.46 0.53 -- --
Equity: ELSS 12.65 22.48 0.36 0.41 0.96 -1.83
Rank within category 11 17 12 13 18 12
Number of funds in category 35 35 35 35 35 35

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

As on 31-Mar-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 61
Top 10 Stocks (%) 44.20
Top 5 Stocks (%) 31.70
Top 3 Sectors (%) 49.10
Portfolio P/B Ratio 3.78
Portfolio P/E Ratio 30.29

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 91,204 1,18,401
Giant (%) 44.54 51.74
Large (%) 18.34 15.89
Mid (%) 27.02 23.73
Small (%) 10.10 8.61
Tiny (%) -- 0.28

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 HDFC Bank Financial 24.45 9.16 6.60 8.12
equal Infosys Technology 30.00 7.70 4.49 7.22
equal ICICI Bank Financial 26.24 8.74 5.06 6.99
equal HDFC Financial 25.70 5.44 0.00 4.94
up Axis Bank Financial 66.36 6.57 3.08 4.43
up Bharti Airtel Communication -- 4.37 1.01 3.84
equal ITC FMCG 19.08 5.70 2.36 2.46
down Gujarat Gas Chemicals 31.15 2.89 0.62 2.08
equal Cholamandalam Invest. & Fin. Financial 32.77 2.07 0.00 2.07
equal Tata Steel Metals -- 2.05 0.00 2.05
equal L&T Infotech Technology 39.03 2.54 0.00 1.95
equal Crompton Greaves Consumer Electricals Cons Durable 49.80 2.56 0.81 1.95
equal Bajaj Finance Financial 67.10 2.18 0.00 1.85
up Eicher Motors Automobile 57.62 2.01 0.00 1.81
equal Aditya Birla Fashion and Retail Services -- 2.87 0.88 1.77
equal Tech Mahindra Technology 23.35 2.01 1.04 1.70
equal Carborundum Universal Metals 31.86 1.46 0.00 1.43
equal Maruti Suzuki India Automobile 44.03 3.32 1.42 1.42
equal Jubilant FoodWorks Services 230.34 2.21 0.78 1.34
equal Phoenix Mills Construction 349.66 1.65 0.84 1.33
equal Shree Cement Construction 53.59 1.67 0.00 1.30
equal The Ramco Cements Construction 32.54 1.49 0.00 1.30
down Torrent Power Energy 29.86 1.92 0.80 1.24
up Dr. Reddy's Lab Healthcare 38.00 1.41 0.00 1.24
equal Mphasis Technology 25.36 4.57 1.03 1.21

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-Mar-2021

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:

Invest Online
-1.61%

Change from previous, NAV as on 19-Apr-2021

Growth: ₹ 114.9241

IDCW: ₹ 24.0092

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
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 15-Dec-1999
Return Since Launch: 14.51%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,800 Cr (As on 31-Mar-2021)
Expense: 2.40% (As on 31-Mar-2021)
Risk Grade: Average
Return Grade: Above Average
Turnover: 23.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW29-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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