UTI Large cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 21-11-2024
₹ 280.89
1D
Inception Returns
14.2%
/yr
About UTI Large cap Fund Direct Growth
UTI Large cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Karthikraj Lakshmanan. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Large cap Fund Direct Growth has ₹12842 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
UTI Large cap Fund Direct Growth has given a CAGR return of 14.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.83%, 9.34% and 16.39% respectively.
Holdings
UTI Large cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Tech, Consumer Cyclical, Consumer Defensive, Industrial, Energy, Communication, Health, Basic Materials, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Bharti Airtel Ltd, Reliance Industries Ltd
Taxation
As it is a large-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 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 companies. However, there can be no assurance or guarantee that the investm ent objective of the scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. UTI Large cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
3021 people have invested ₹ 93.4L in UTI Large cap Fund Direct Growth in the last three months
INDmoney Rank for UTI Large cap Fund Direct Growth
Powered by IND quant engine
17
/19
22% Performance
34% Risk Management
37% Cost
17 out of 19 among large-cap
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
Does not beat the benchmark consistently
Poor track record of protecting capital in bear phase
UTI Large cap Fund Direct Growth Overview
| Expense ratio | 0.93% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹12842 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 26.54% |
| 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 (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
83.9%
Mid cap
11%
Small cap
0.8%
Sector Allocation
Financial Services
34.1%
Tech
13.6%
Consumer Cyclical
12.1%
Consumer Defensive
9.4%
Industrial
7.3%
Energy
5.8%
Communication
5.7%
Health
5.1%
Basic Materials
4.8%
Utilities
2.1%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -7.28% whereas the fund’s underlying benchmark Nifty 100 returns stands at -6.79% as on Oct'24
- This fund underperformed Nifty 100 by 0.49% in Oct'24
- AUM of the fund stands at 14K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 9.16% to 10%
ICICI Bank Ltd's allocation increased from 7.12% to 7.87%
LTIMindtree Ltd's allocation increased from 1.28% to 1.97%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 6.91 % to 6.49 %
Bharti Airtel Ltd's allocation decreased from 4.98 % to 4.76 %
Reliance Industries Ltd's allocation decreased from 4.54 % to 3.73 %
Mid Cap allocation has gone down from 11.5% to 11%
Large Cap allocation has gone down from 84.4% to 83.9%
Small Cap allocation has gone down from 1% to 0.8%
Cash allocation has gone up from 2.6% to 2.9%
Debt allocation has gone up from 0.5% to 0.5%
Top 3 Sectors in October were Financial Services, Government & Tech
Oct'24
Financial Services
34%
Government
15%
Tech
14%
Sep'24
Financial Services
34%
Government
15%
Tech
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 10% | 0% | |
 ICICI Bank Ltd | 7.87% | 0% | |
 Infosys Ltd | 6.49% | -8% | |
 Bharti Airtel Ltd | 4.76% | -7% | |
 Reliance Industries Ltd | 3.73% | -16.5% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 0.8% |
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Karthikraj Lakshmanan
Fund Manager of UTI Large cap Fund Direct Growth, since 1 September 2022
Top funds managed
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.37L Cr
as on 31-Oct-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 increased expense ratio by 14.8% moving from 0.81 to 0.93.
In the last 1 year, Invesco India largecap Fund Direct Plan Growth has given 31.92% return, outperforming this fund by 12.09%.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 19.21% return, outperforming this fund by 9.88% per annum.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.14% return, outperforming this fund by 3.75% per annum.
Over the last 1 month, this fund has experienced a 8.2% drop in AUM moving from 13.98K Cr to 12.84K Cr.
UTI Large 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 14.2% since inception which is more than its category average return of 13.12%
Fund Allocations
This fund has an allocation of 96.63% in Equity, 0.51% in Debt and 2.86% in Cash related instruments
AUM size ₹12842 Cr
This fund has AUM of ₹12842 Cr which is more than its category average of ₹ 6986 Cr
Expense Ratio 0.93%
This fund has an expense ratio of 0.93% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions for UTI Large cap Fund Direct Growth
The current NAV of UTI Large cap Fund Direct Growth is ₹280.89 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
UTI Large cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.41% | -5.41% |
6 Month Returns | 5.01% | 5.01% |
1 Year Returns | 19.83% | 19.83% |
3 Years Returns | 30.71% | 9.34% |
5 Years Returns | 113.62% | 16.39% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.93% as on October 2024
₹12842 Cr as on October 2024
HDFC Bank Ltd(10%), ICICI Bank Ltd(7.87%), Infosys Ltd(6.49%), Bharti Airtel Ltd(4.76%), Reliance Industries Ltd(3.73%) as on October 2024
Financial Services(32.91%), Tech(13.1%), Consumer Cyclical(11.71%) as on October 2024
The alpha ratio for the UTI Large cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Large cap Fund Direct Growth | -3.26 | -2.34 | - |
As on October 2024
The alpha for UTI Large cap Fund Direct Growth is calculated against S&P BSE 100 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 cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Large cap Fund Direct Growth | 1 | 0.95 | 0.94 |
As on October 2024
The Beta for UTI Large cap Fund Direct Growth is calculated with S&P BSE 100 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 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 cap Fund Direct Growth | 1.41 | 0.42 | 0.69 |
As on October 2024
The sharpe ratio for UTI Large cap Fund Direct Growth is calculated with S&P BSE 100 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 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 cap Fund Direct Growth | 13.45 | 12.82 | 17.78 |
As on October 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 0.66 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Karthikraj Lakshmanan is the fund manager of UTI Large cap Fund Direct Growth
The Exit load of UTI Large cap Fund Direct Growth is 1%