UTI MNC Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 20-12-2024
₹ 432.88
1D
Inception Returns
15.8%
/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 ₹2981 Cr worth of assets under management (AUM) as on Nov 2024 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 15.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.50%, 15.04% and 15.89% respectively.
Holdings
UTI MNC Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Consumer Cyclical, Industrial, Health, Basic Materials, Financial Services, Government, Tech. Its top holdings are Maruti Suzuki India Ltd, United Breweries Ltd, Nestle India Ltd, Vedanta Ltd, Procter & Gamble Health 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 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 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
Annualised
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470 people have invested ₹ 43.5L 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
3Y returns in the bottom 25% of the category
UTI MNC Fund Direct Growth Overview
| Expense ratio | 1.19% |
Benchmark | IISL Nifty MNC TR INR |
| AUM | ₹2981 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 (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
32.2%
Mid cap
32%
Small cap
28.9%
Sector Allocation
Consumer Defensive
23.3%
Consumer Cyclical
22.5%
Industrial
17.3%
Health
11.7%
Basic Materials
9.9%
Financial Services
8.8%
Tech
6.6%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -1.36% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund underperformed Nifty 500 by 0.76% in Nov'24
- AUM of the fund stands at 3K Cr as of Nov'24
- AUM decreased by 49.5 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Maruti Suzuki India Ltd's allocation increased from 7.55% to 8.15%
Mphasis Ltd's allocation increased from 1.44% to 2.04%
Escorts Kubota Ltd's allocation increased from 1.05% to 1.44%
Top Stocks sold last month
Whirlpool of India Ltd's allocation decreased from 3.85 % to 3.47 %
3M India Ltd's allocation decreased from 3.33 % to 3.02 %
Britannia Industries Ltd's allocation decreased from 3.75 % to 2.82 %
Mid Cap allocation has gone down from 32.2% to 32%
Large Cap allocation has gone up from 31.4% to 32.2%
Small Cap allocation has gone down from 31.3% to 28.9%
Cash allocation has gone up from 3% to 4.5%
Debt allocation has gone down from 0.5% to 0.3%
Top 3 Sectors in November were Consumer Defensive, Consumer Cyclical & Industrial
Nov'24
Consumer Defensive
23%
Consumer Cyclical
23%
Industrial
17%
Oct'24
Consumer Defensive
24%
Consumer Cyclical
21%
Industrial
17%
Top Growth Drivers | 1M Return |
|---|---|
 Coforge Ltd | 17.6% |
 Siemens Ltd | 14.9% |
 United Spirits Ltd | 5.3% |
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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
₹2.36L Cr
as on 29-Nov-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 6 months, this fund has increased expense ratio by 4.4% moving from 1.14 to 1.19.
In the last 1 year, HDFC Defence Fund Direct Growth has given 50.62% return, outperforming this fund by 28.12%.
In the last 3 years, SBI PSU Direct Growth has given 38.65% return, outperforming this fund by 23.61% per annum.
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 32.46% return, outperforming this fund by 16.58% per annum.
Over the last 3 months, this fund has experienced a 6.1% drop in AUM moving from 3.17K Cr to 2.98K Cr.
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 15.83% since inception which is less than its category average return of 16.54%
Fund Allocations
This fund has an allocation of 95.15% in Equity, 0.33% in Debt and 4.53% in Cash related instruments
AUM size ₹2981 Cr
This fund has AUM of ₹2981 Cr which is more than its category average of ₹ 2189 Cr
Expense Ratio 1.19%
This fund has an expense ratio of 1.19% which is more than its category average expense ratio of 1.18%
Frequently Asked Questions for UTI MNC Fund Direct Growth
The current NAV of UTI MNC Fund Direct Growth is ₹432.88 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
UTI MNC Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.42% | 1.42% |
6 Month Returns | -0.94% | -0.94% |
1 Year Returns | 22.5% | 22.5% |
3 Years Returns | 52.24% | 15.04% |
5 Years Returns | 109.03% | 15.89% |
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1.19% as on November 2024
₹2981 Cr as on November 2024
Maruti Suzuki India Ltd(8.15%), United Breweries Ltd(4.61%), Nestle India Ltd(4.42%), Vedanta Ltd(4.3%), Procter & Gamble Health Ltd(4.17%) as on November 2024
Consumer Defensive(22.2%), Consumer Cyclical(21.42%), Industrial(16.41%) as on November 2024
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 | 1.73 | -0.18 | -0.05 |
As on November 2024
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 | 0.71 | 0.8 | 0.88 |
As on November 2024
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 | 1.2 | 0.74 | 0.75 |
As on November 2024
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 | 13.2 | 11.64 | 14.24 |
As on November 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 1.38 as on November 2024. 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%