UTI Dividend Yield Fund Direct Growth
Equity
Direct
Dividend Yield
NAV as on 05-09-2024
₹ 199.75
1D
Inception Returns
16.2%
/yr
About the Fund
UTI Dividend Yield Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Amit Premchandani. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Dividend Yield Fund Direct Growth has ₹4460 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 1.4.
Returns
UTI Dividend Yield Fund Direct Growth has given a CAGR return of 16.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 53.04%, 21.03% and 25.33% respectively.
Holdings
UTI Dividend Yield Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Defensive, Health, Consumer Cyclical, Utilities, Energy, Industrial, Basic Materials, Government. Its top holdings are HDFC Bank Ltd, Infosys Ltd, Tech Mahindra Ltd, ITC Ltd, Tata Consultancy Services Ltd
Taxation
As it is a dividend yield mutual fund the taxation is as follows: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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of UTI Dividend Yield Fund Direct Growth
The objective of the scheme is to generate long term capital appreciation and income by investing predominantly in dividend yielding equity and equity related securities.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. UTI Dividend Yield Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
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274 people have invested ₹ 41.3L in UTI Dividend Yield Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
5
/6
39% Performance
19% Risk Management
6% Cost
5 out of 6 among dividend yield
Beats FD returns for both 3Y & 5Y
Poor track record of protecting capital in bear phase
Poor track record of Recovering losses quickly
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 1.41% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹4460 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 34.27% |
| 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)
Large cap
64%
Small cap
19.5%
Mid cap
10.6%
Sector Allocation
Financial Services
24.3%
Tech
16.4%
Consumer Defensive
10%
Health
9.9%
Consumer Cyclical
9.7%
Utilities
9%
Energy
7.9%
Industrial
6.7%
Basic Materials
6.2%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 7.99% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 4.46% in Jul'24
- AUM of the fund stands at 4.4K Cr as of Jul'24
- AUM increased by 300.1 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 3.66% to 4.06%
Computer Age Management Services Ltd Ordinary Shares's allocation increased from 1.7% to 1.99%
Oil & Natural Gas Corp Ltd's allocation increased from 1.82% to 2.06%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.44 % to 6.65 %
Bharat Electronics Ltd's allocation decreased from 2.86 % to 2.68 %
Mahindra & Mahindra Ltd's allocation decreased from 2.82 % to 2.66 %
Cash allocation has gone up from 4.9% to 5.3%
Debt allocation has gone down from 0.2% to 0.2%
Top 3 Sectors in July were Financial Services, Tech & Consumer Cyclical
Jul'24
Financial Services
24%
Tech
16%
Consumer Defensive
10%
Jun'24
Financial Services
25%
Tech
15%
Consumer Cyclical
10%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.65% | 0% | |
 Infosys Ltd | 4.06% | 0% | |
 Tech Mahindra Ltd | 3.56% | 0% | |
 ITC Ltd | 2.72% | -3.4% | |
 Tata Consultancy Services Ltd | 2.71% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 ERIS Lifesciences Ltd | 34.8% |
 Oil India Ltd | 26.8% |
 Bajaj Auto Ltd | 16.4% |
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Amit Premchandani
Fund Manager of UTI Dividend Yield Fund Direct Growth, since 16 November 2022
Top funds managed
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹1.37L Cr
as on 31-Jul-2024
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
Phone
+912266786666
Website
service@uti.co.in
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 18.1% growth in AUM moving from 3.70K Cr to 4.37K Cr.
In the last 1 year, LIC MF Dividend Yield Fund Direct Growth has given 61.67% return, outperforming this fund by 8.63%.
In the last 3 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 30.34% return, outperforming this fund by 9.31% per annum.
Over the last 1 month, this fund has increased expense ratio by 0.7% moving from 1.40 to 1.41.
In the last 5 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 29.9% return, outperforming this fund by 4.57% per annum.
UTI Dividend Yield Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.16% since inception which is less than its category average return of 22.07%
Fund Allocations
This fund has an allocation of 94.52% in Equity, 0.22% in Debt and 5.26% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 3222 Cr
Expense Ratio 1.41%
This fund has an expense ratio of 1.41% which is more than its category average expense ratio of 1.35%
Frequently Asked Questions
The current NAV of UTI Dividend Yield Fund Direct Growth is ₹199.75 as on 05-Sep-2024.
Existing (Absolute + CAGR) as on 05-Sep-2024.
UTI Dividend Yield Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.68% | 3.68% |
6 Month Returns | 26.05% | 26.05% |
1 Year Returns | 53.04% | 53.04% |
3 Years Returns | 77.3% | 21.03% |
5 Years Returns | 209.27% | 25.33% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
1.41% as on August 2024
₹4460 Cr as on August 2024
HDFC Bank Ltd(6.65%), Infosys Ltd(4.06%), Tech Mahindra Ltd(3.56%), ITC Ltd(2.72%), Tata Consultancy Services Ltd(2.71%) as on August 2024
Financial Services(22.92%), Tech(15.48%), Consumer Defensive(9.46%) as on August 2024
The alpha ratio for the UTI Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Dividend Yield Fund Direct Growth | 8.41 | 2.87 | 4.61 |
As on August 2024
The alpha for UTI Dividend Yield Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the UTI Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Dividend Yield Fund Direct Growth | 1.08 | 0.95 | 0.82 |
As on August 2024
The Beta for UTI Dividend Yield Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the UTI Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI Dividend Yield Fund Direct Growth | 3.11 | 1.09 | 1.14 |
As on August 2024
The sharpe ratio for UTI Dividend Yield Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the UTI Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI Dividend Yield Fund Direct Growth | 12.71 | 13.67 | 16.59 |
As on August 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.14 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.45 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Amit Premchandani is the fund manager of UTI Dividend Yield Fund Direct Growth
The Exit load of UTI Dividend Yield Fund Direct Growth is 1%