UTI Children's Equity Fund Scholarship Direct Growth
Hybrid
Direct
Children
NAV as on 05-09-2024
₹ 97.77
Inception Returns
15.6%
/yr
About the Fund
UTI Children's Equity Fund Scholarship 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.
Key Parameters
- UTI Children's Equity Fund Scholarship Direct Growth has ₹1148 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Returns
UTI Children's Equity Fund Scholarship 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.
Holdings
UTI Children's Equity Fund Scholarship 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.
Taxation
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).
Investment objective of UTI Children's Equity Fund Scholarship Direct Growth
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 and lockin period
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 Scholarship Direct Growth of 5 Years
Historical NAV & Returns
Fund Overview
| 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 |
Trailing Returns
as on (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
- AUM of the fund stands at 1.1K Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Tech
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 7.16% | 0.9% | |
 HDFC Bank Ltd | 7.01% | 0.9% | |
 Infosys Ltd | 5.8% | 0.7% | |
 Bharti Airtel Ltd | 4.32% | 1.9% | |
 Axis Bank Ltd | 3.09% | 0.5% |
Mutual Fund Insights
UTI Children's Equity Fund Scholarship Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 1.19%
Frequently Asked Questions
UTI Children's Equity Fund Scholarship 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% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |