UTI Large & Mid Cap Fund Direct Growth
Equity
Direct
Large & Mid- Cap
NAV as on 04-09-2024
₹ 194.39
▲0.4%
1D
Inception Returns
16.9%
/yr
About the Fund
UTI Large & Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by V Srivatsa. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Large & Mid Cap Fund Direct Growth has ₹3749 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 Large & Mid Cap Fund Direct Growth has given a CAGR return of 16.93% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 52.31%, 24.33% and 27.46% respectively.
Holdings
UTI Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Tech, Basic Materials, Consumer Defensive, Communication, Industrial, Utilities, Energy, Government, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, ITC Ltd, Infosys Ltd, Oracle Financial Services Software Ltd
Taxation
As it is a large & mid- cap 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 Large & Mid Cap Fund Direct Growth
The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of large cap and mid cap companies. However, there can be 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 Large & Mid Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
479 people have invested ₹ 1.1Cr in UTI Large & Mid Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
13
/21
68% Performance
40% Risk Management
27% Cost
13 out of 21 among large & mid-cap
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Fund Overview
| Expense ratio | 1.16% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹3749 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 56.17% |
| 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 (04-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
45.3%
Mid cap
37.4%
Small cap
11.7%
Sector Allocation
Financial Services
33%
Consumer Cyclical
11%
Health
10.9%
Tech
10.6%
Basic Materials
8.8%
Consumer Defensive
6.5%
Communication
5.9%
Industrial
5%
Utilities
4.1%
Energy
2.6%
Real Estate
1.6%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 6.16% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 2.63% in Jul'24
- AUM of the fund stands at 3.4K Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top Stocks bought last month
Infosys Ltd's allocation increased from 2.29% to 2.98%
Indus Towers Ltd Ordinary Shares's allocation increased from 1.81% to 2.38%
HDFC Life Insurance Company Limited's allocation increased from 1.16% to 1.68%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 8.21 % to 7 %
ICICI Bank Ltd's allocation decreased from 5 % to 4.65 %
Oracle Financial Services Software Ltd's allocation decreased from 2.85 % to 2.5 %
Large Cap allocation has gone down from 46.1% to 45.6%
Cash allocation has gone down from 5.6% to 4.3%
Debt allocation has gone down from 0.1% to 0.1%
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Tech
Jul'24
Financial Services
33%
Consumer Cyclical
11%
Health
11%
Jun'24
Financial Services
34%
Consumer Cyclical
12%
Tech
10%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7% | -3.2% | |
 ICICI Bank Ltd | 4.65% | 0% | |
 ITC Ltd | 3.75% | 0% | |
 Infosys Ltd | 2.98% | 18.7% | |
 Oracle Financial Services Software Ltd | 2.5% | -14.6% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Glenmark Pharmaceuticals Ltd | 19.1% |
 Ajanta Pharma Ltd | 12.7% |
 Aurobindo Pharma Ltd | 9.3% |
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V Srivatsa
Fund Manager of UTI Large & Mid Cap Fund Direct Growth, since 17 May 2017
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
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 29.17% return, outperforming this fund by 4.84% per annum.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.97% return, outperforming this fund by 4.51% per annum.
Over the last 6 months, this fund has experienced a 49.9% growth in AUM moving from 2.50K Cr to 3.74K Cr.
In the last 1 year, Bandhan Core Equity Fund Direct Plan Growth has given 59.29% return, outperforming this fund by 6.98%.
This fund expense ratio is slightly on the lower side within the category (large & mid- cap). Its expense ratio is 1.16% which is lower than the category average expense ratio of 1.19%.
Over the last 1 year, this fund has decreased expense ratio by 28.8% moving from 1.63 to 1.16.
UTI Large & Mid Cap 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 16.93% since inception which is less than its category average return of 18.78%
Fund Allocations
This fund has an allocation of 95.58% in Equity, 0.1% in Debt and 4.32% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 7646 Cr
Expense Ratio 1.16%
This fund has an expense ratio of 1.16% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of UTI Large & Mid Cap Fund Direct Growth is ₹194.39 as on 04-Sep-2024.
Existing (Absolute + CAGR) as on 04-Sep-2024.
UTI Large & Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.22% | 4.22% |
6 Month Returns | 26.92% | 26.92% |
1 Year Returns | 52.31% | 52.31% |
3 Years Returns | 92.18% | 24.33% |
5 Years Returns | 236.38% | 27.46% |
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.
1.16% as on August 2024
₹3749 Cr as on August 2024
HDFC Bank Ltd(7%), ICICI Bank Ltd(4.65%), ITC Ltd(3.75%), Infosys Ltd(2.98%), Oracle Financial Services Software Ltd(2.5%) as on August 2024
Financial Services(31.58%), Consumer Cyclical(10.53%), Health(10.4%) as on August 2024
The alpha ratio for the UTI Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Large & Mid Cap Fund Direct Growth | 8.68 | 3.32 | 0.84 |
As on August 2024
The alpha for UTI Large & Mid Cap Fund Direct Growth is calculated against S&P BSE 200 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 Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Large & Mid Cap Fund Direct Growth | 0.92 | 0.93 | 1 |
As on August 2024
The Beta for UTI Large & Mid Cap Fund Direct Growth is calculated with S&P BSE 200 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 Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI Large & Mid Cap Fund Direct Growth | 3.32 | 1.35 | 1.05 |
As on August 2024
The sharpe ratio for UTI Large & Mid Cap Fund Direct Growth is calculated with S&P BSE 200 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 Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI Large & Mid Cap Fund Direct Growth | 11.19 | 13.06 | 19.99 |
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 2.69 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.72 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
V Srivatsa is the fund manager of UTI Large & Mid Cap Fund Direct Growth
The Exit load of UTI Large & Mid Cap Fund Direct Growth is 1%