UTI Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV as on 19-11-2024
₹ 18.4
▲0.2%
1D
Inception Returns
10.3%
/yr
About UTI Equity Savings Fund Direct Growth
UTI Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 30 August, 2018. The fund is managed by V Srivatsa, Sunil Patil. This fund gives you the benefit of diversification.
Key Parameters
- UTI Equity Savings Fund Direct Growth has ₹613 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
UTI Equity Savings Fund Direct Growth has given a CAGR return of 10.29% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.86%, 10.60% and 11.95% respectively.
Holdings
UTI Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Basic Materials, Consumer Cyclical, Tech, Utilities, Communication, Energy, Consumer Defensive, Health, Industrial, Real Estate.
Taxation
As it is a equity savings 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 Equity Savings Fund Direct Growth
The investment objective of the Scheme is to provide capital appreciation and income distribution to the investors using arbitrage opportunities, investment in equity / equity related instruments and debt / money market instruments. 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 5000.00 and for SIP is INR 500.00. UTI Equity Savings Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for UTI Equity Savings Fund Direct Growth
UTI Equity Savings Fund Direct Growth Overview
| Expense ratio | 0.8% |
Benchmark | Crisil Equity Savings Index TR INR |
| AUM | ₹613 Cr |
| Inception Date | 30 August, 2018 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 64.37% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Moderate Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 613.1 Cr as of Oct'24
- AUM increased by 18.7 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Government & Basic Materials
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.46% | 8.2% | |
 Infosys Ltd | 4.53% | 0% | |
 Grasim Industries Ltd | 4.2% | 5.6% | |
 Kotak Mahindra Bank Ltd | 4.09% | 1.5% | |
 Axis Bank Ltd | 3.99% | 39.7% |
Mutual Fund Insights
UTI Equity Savings Fund Direct Growth Highlights
Moderate Risk
About the fund
Fund Allocations
AUM size ₹613 Cr
Expense Ratio 0.8%
Frequently Asked Questions for UTI Equity Savings Fund Direct Growth
UTI Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.31% | -1.31% |
6 Month Returns | 4.22% | 4.22% |
1 Year Returns | 13.86% | 13.86% |
3 Years Returns | 35.28% | 10.6% |
5 Years Returns | 75.83% | 11.95% |
- 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 |