UTI Large cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 05-09-2024
₹ 305.04
1D
Inception Returns
15.3%
/yr
About the Fund
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 ₹13595 Cr worth of assets under management (AUM) as on Jul 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 15.29% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 32.63%, 14.05% and 20.42% respectively.
Holdings
UTI Large cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Government, Consumer Cyclical, Consumer Defensive, Energy, Industrial, Communication, Health, Basic Materials, Utilities. Its top holdings are HDFC Bank Ltd, Infosys Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Bharti Airtel 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
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2485 people have invested ₹ 85.3L in UTI Large cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
15
/19
26% Performance
46% Risk Management
50% Cost
15 out of 19 among large-cap
Beats FD returns for both 3Y & 5Y
Has not generated consistent returns
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 0.9% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹13595 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 (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
84.8%
Mid cap
10.5%
Small cap
1%
Sector Allocation
Financial Services
33.3%
Tech
14.6%
Consumer Cyclical
11.1%
Consumer Defensive
9.4%
Energy
7.8%
Industrial
6.9%
Communication
5.9%
Health
5%
Basic Materials
4.1%
Utilities
1.9%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 3.96% whereas the fund’s underlying benchmark Nifty 100 returns stands at 3.46% as on Jul'24
- This fund outperformed Nifty 100 by 0.50% in Jul'24
- AUM of the fund stands at 13.2K 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 7.09% to 8.2%
ITC Ltd's allocation increased from 0.92% to 1.78%
Dr Reddy's Laboratories Ltd's allocation increased from 0.38% to 1.08%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.34 % to 8.69 %
ICICI Bank Ltd's allocation decreased from 7.96 % to 7.62 %
Reliance Industries Ltd's allocation decreased from 6.67 % to 5.51 %
Cash allocation has gone up from 2% to 3.2%
Debt allocation has gone down from 0.5% to 0.5%
Top 3 Sectors in July were Financial Services, Government & Tech
Jul'24
Financial Services
33%
Tech
15%
Government
13%
Jun'24
Financial Services
34%
Government
20%
Tech
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.69% | 0% | |
 Infosys Ltd | 8.2% | 0% | |
 ICICI Bank Ltd | 7.62% | -2.5% | |
 Reliance Industries Ltd | 5.51% | -11.4% | |
 Bharti Airtel Ltd | 4.66% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 31.7% |
 Infosys Ltd | 10.8% |
 Bharti Airtel Ltd | 6.5% |
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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
₹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 1 month, this fund has increased expense ratio by 9.8% moving from 0.82 to 0.90.
Over the last 1 month, this fund has experienced a 3.1% growth in AUM moving from 13.18K Cr to 13.59K Cr.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 23.53% return, outperforming this fund by 9.48% per annum.
In the last 1 year, Quant Large Cap Fund Direct Growth has given 47.61% return, outperforming this fund by 14.98%.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 24.48% return, outperforming this fund by 4.06% per annum.
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 15.29% since inception which is more than its category average return of 14.4%
Fund Allocations
This fund has an allocation of 96.31% in Equity, 0.47% in Debt and 3.22% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 6986 Cr
Expense Ratio 0.9%
This fund has an expense ratio of 0.9% which is less than its category average expense ratio of 1.28%
Frequently Asked Questions
The current NAV of UTI Large cap Fund Direct Growth is ₹305.04 as on 05-Sep-2024.
Existing (Absolute + CAGR) as on 05-Sep-2024.
UTI Large cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.05% | 3.05% |
6 Month Returns | 17.64% | 17.64% |
1 Year Returns | 32.63% | 32.63% |
3 Years Returns | 48.35% | 14.05% |
5 Years Returns | 153.17% | 20.42% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.9% as on August 2024
₹13595 Cr as on August 2024
HDFC Bank Ltd(8.69%), Infosys Ltd(8.2%), ICICI Bank Ltd(7.62%), Reliance Industries Ltd(5.51%), Bharti Airtel Ltd(4.66%) as on August 2024
Financial Services(32.03%), Tech(14.04%), Consumer Cyclical(10.69%) as on August 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 | -0.33 | -1.39 | 0.32 |
As on August 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 | 0.94 | 0.92 | 0.93 |
As on August 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 | 2.28 | 0.73 | 0.85 |
As on August 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 | 10.36 | 11.87 | 17.37 |
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 1.28 as on August 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%