UTI MNC Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 21-02-2025
₹ 389.12
▲0.3%
1D
Inception Returns
14.6%
/yr
About UTI MNC Fund Direct Growth
UTI MNC 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 MNC Fund Direct Growth has ₹2790 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
- The fund has an expense ratio 1.2.
Returns
UTI MNC Fund Direct Growth has given a CAGR return of 14.63% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 2.60%, 11.34% and 12.40% respectively.
Holdings
UTI MNC Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Industrial, Health, Basic Materials, Tech, Financial Services. Its top holdings are Maruti Suzuki India Ltd, Nestle India Ltd, Procter & Gamble Health Ltd, Vedanta Ltd, United Breweries Ltd
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of UTI MNC Fund Direct Growth
The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of multinational 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 MNC Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
▲
▼
472 people have invested ₹ 26.2L in UTI MNC Fund Direct Growth in the last three months
INDmoney Rank for UTI MNC Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category
UTI MNC Fund Direct Growth Overview
| Expense ratio | 1.2% |
Benchmark | IISL Nifty MNC TR INR |
| AUM | ₹2790 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 38.95% |
| STCG | Selling mutual fund 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-Feb-25)
Fund Distribution
as on (31-Jan-25)
Large cap
42.3%
Small cap
28.6%
Mid cap
24%
Sector Allocation
Consumer Cyclical
23%
Consumer Defensive
22.6%
Industrial
16.8%
Health
13%
Basic Materials
9.6%
Tech
8.2%
Financial Services
6.8%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 2.8K Cr as of Jan'25
- AUM decreased by 147.1 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Maruti Suzuki India Ltd's allocation increased from 8.12% to 9.69%
Nestle India Ltd's allocation increased from 4.36% to 4.89%
Britannia Industries Ltd's allocation increased from 2.76% to 3.13%
Top Stocks sold last month
United Breweries Ltd's allocation decreased from 4.37 % to 3.87 %
United Spirits Ltd's allocation decreased from 4.05 % to 3.73 %
Siemens Ltd's allocation decreased from 2.78 % to 2.72 %
Mid Cap allocation has gone down from 32.1% to 28.9%
Large Cap allocation has gone up from 32% to 39%
Small Cap allocation has gone down from 28.5% to 24.9%
Cash allocation has gone up from 5% to 5.1%
Debt allocation has gone down from 0.3% to 0%
Top 3 Sectors in January were Consumer Cyclical, Consumer Defensive & Industrial
Jan'25
Consumer Cyclical
23%
Consumer Defensive
23%
Industrial
17%
Dec'24
Consumer Cyclical
23%
Consumer Defensive
23%
Industrial
17%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Maruti Suzuki India Ltd | 5.5% |
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Karthikraj Lakshmanan
Fund Manager of UTI MNC Fund Direct Growth, since 16 November 2022
Top funds managed
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.34L Cr
as on 31-Jan-2025
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
Phone
+912266786666
Website
pms_care@uti.co.in
Mutual Fund Insights
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 31.33% return, outperforming this fund by 18.93% per annum.
Over the last 6 months, this fund has experienced a 13.0% drop in AUM moving from 3.20K Cr to 2.79K Cr.
Over the last 6 months, this fund has increased expense ratio by 6.2% moving from 1.13 to 1.20.
In the last 1 year, Axis Innovation Fund Direct Growth has given 14.96% return, outperforming this fund by 12.36%.
In the last 3 years, SBI PSU Direct Growth has given 30.78% return, outperforming this fund by 19.44% per annum.
UTI MNC 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 14.63% since inception which is more than its category average return of 8.41%
Fund Allocations
This fund has an allocation of 94.85% in Equity, 0% in Debt and 5.15% in Cash related instruments
AUM size ₹2790 Cr
This fund has AUM of ₹2790 Cr which is more than its category average of ₹ 2217 Cr
Expense Ratio 1.2%
This fund has an expense ratio of 1.2% which is less than its category average expense ratio of 1.28%
Frequently Asked Questions for UTI MNC Fund Direct Growth
The current NAV of UTI MNC Fund Direct Growth is ₹389.12 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
UTI MNC Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.24% | -7.24% |
6 Month Returns | -13.33% | -13.33% |
1 Year Returns | 2.6% | 2.6% |
3 Years Returns | 38.04% | 11.34% |
5 Years Returns | 79.38% | 12.4% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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1.2% as on January 2025
₹2790 Cr as on January 2025
Maruti Suzuki India Ltd(9.69%), Nestle India Ltd(4.89%), Procter & Gamble Health Ltd(4.64%), Vedanta Ltd(4.56%), United Breweries Ltd(3.87%) as on January 2025
Consumer Cyclical(21.8%), Consumer Defensive(21.44%), Industrial(15.94%) as on January 2025
The alpha ratio for the UTI MNC Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI MNC Fund Direct Growth | -1.06 | -0.78 | -0.62 |
As on January 2025
The alpha for UTI MNC Fund Direct Growth is calculated against IISL Nifty MNC 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 MNC Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI MNC Fund Direct Growth | 0.76 | 0.81 | 0.89 |
As on January 2025
The Beta for UTI MNC Fund Direct Growth is calculated with IISL Nifty MNC 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 MNC Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI MNC Fund Direct Growth | 0.34 | 0.51 | 0.64 |
As on January 2025
The sharpe ratio for UTI MNC Fund Direct Growth is calculated with IISL Nifty MNC 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 MNC Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI MNC Fund Direct Growth | 14.52 | 11.94 | 14.51 |
As on January 2025
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 0.89 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Karthikraj Lakshmanan is the fund manager of UTI MNC Fund Direct Growth
The Exit load of UTI MNC Fund Direct Growth is 1%