UTI Medium Duration Fund Direct Growth
Debt
Direct
Medium Duration
NAV as on 29-10-2024
₹ 18.5
Inception Returns
6.6%
/yr
About UTI Medium Duration Fund Direct Growth
UTI Medium Duration Fund Direct Growth is a debt fund. This fund was started on 31 March, 2015. The fund is managed by Ritesh Nambiar. This fund is suitable to keep your money safe.
Key Parameters
- UTI Medium Duration Fund Direct Growth has ₹40 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
UTI Medium Duration Fund Direct Growth has given a CAGR return of 6.63% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.73%, 5.86% and 5.04% respectively.
Holdings
UTI Medium Duration Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 07.18 Goi 14082033, 7.26 Govt Stock 22082032, 07.79 Up SDL 2033, Godrej Industries Limited, 6.54% Govt Stock 2032
Taxation
As it is a medium duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of UTI Medium Duration Fund Direct Growth
The investment objective of the scheme is to generate reasonable income by investing in debt & money market securities such that the Macaulay duration of the portfolio is between 3 to 4 years. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. UTI Medium Duration Fund Direct Growth has no lock in period.
Historical NAV & Returns
UTI Medium Duration Fund Direct Growth Overview
| Expense ratio | 0.82% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹40 Cr |
| Inception Date | 31 March, 2015 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 76.5% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (29-Oct-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 39.9 Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top 2 Sectors in September were Government, Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 07.18 Goi 14082033 | 16.54% | 0% | |
7.26 Govt Stock 22082032 | 10.22% | 0% | |
07.79 Up SDL 2033 | 7.9% | 0% | |
Godrej Industries Limited | 7.4% | 0% | |
6.54% Govt Stock 2032 | 7.35% | 0% |
Mutual Fund Insights
UTI Medium Duration Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹40 Cr
Expense Ratio 0.82%
Frequently Asked Questions for UTI Medium Duration Fund Direct Growth
UTI Medium Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.31% | 0.31% |
6 Month Returns | 4.67% | 4.67% |
1 Year Returns | 8.73% | 8.73% |
3 Years Returns | 18.63% | 5.86% |
5 Years Returns | 27.9% | 5.04% |
- 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 | 61.03 |
AA | 38.97 |