Equity
Direct
Mid-Cap
NAV as on 04-09-2024
₹ 354.93
▲0.3%
1D
Inception Returns
21.6%
/yr
UTI Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ankit Agarwal. The fund could potentially beat inflation in the long-run.
UTI Mid Cap Fund Direct Growth has given a CAGR return of 21.59% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 42.98%, 21.74% and 30.44% respectively.
UTI Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Financial Services, Tech, Health, Basic Materials, Government, Communication, Consumer Defensive, Utilities, Real Estate, Energy. Its top holdings are Bharat Forge Ltd, Phoenix Mills Ltd, Oil India Ltd, Persistent Systems Ltd, Tube Investments of India Ltd Ordinary Shares
As it is a 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.
The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of mid cap companies. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. UTI Mid Cap Fund Direct Growth has no lock in period.
Expense ratio | 0.87% |
Benchmark | S&P BSE Midcap TR INR |
AUM | ₹12400 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 36.32% |
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 |
as on (04-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Consumer Cyclical, Industrial & Financial Services
UTI Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.74% | 3.74% |
6 Month Returns | 27.25% | 27.25% |
1 Year Returns | 42.98% | 42.98% |
3 Years Returns | 80.44% | 21.74% |
5 Years Returns | 277.62% | 30.44% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Mid Cap Fund Direct Growth | 0.86 | -1.77 | 1.26 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Mid Cap Fund Direct Growth | 0.84 | 0.86 | 0.87 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI Mid Cap Fund Direct Growth | 2.41 | 1.15 | 1.21 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI Mid Cap Fund Direct Growth | 12.68 | 13.63 | 19.31 |