Hybrid
Direct
Children
NAV as on 05-09-2024
₹ 97.77
Inception Returns
15.6%
/yr
UTI Children's Equity Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Vishal Chopda. This fund gives you the benefit of diversification.
UTI Children's Equity Fund Direct Growth has given a CAGR return of 15.60% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.42%, 15.15% and 22.49% respectively.
UTI Children's Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Consumer Defensive, Industrial, Health, Basic Materials, Communication, Utilities, Energy, Real Estate, Government.
As it is a children mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across the market capitalization spectrum. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. There is a lock in period for UTI Children's Equity Fund Direct Growth of 5 Years
Expense ratio | 1.19% |
Benchmark | IISL Nifty 500 TR INR |
AUM | ₹1148 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | --/-- |
Exit Load | 0% |
Lock In | 5 Years |
TurnOver | 25.61% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (05-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Tech
UTI Children's Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.33% | 3.33% |
6 Month Returns | 22.43% | 22.43% |
1 Year Returns | 36.42% | 36.42% |
3 Years Returns | 52.69% | 15.15% |
5 Years Returns | 175.76% | 22.49% |
AAA | 100 |