UTI Long Term Equity Fund Direct-Growth - UTI Long Term Equity Fund Direct-Growth Review, UTI Long Term Equity Fund Direct-Growth NAV, asset allocation - The Economic Times (2024)

  • Summary
  • My Transactions
  • Factsheet
  • Fund v/s Peers
  • Standalone Fund Info
  • Basic Attributes
  • History

Scheme Rating

GrowthIDCW

NAV as on 13 Jun 2022134.8206-3.54 (-2.56%)

Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the UTI Long Term Equity Fund - Direct Plan as of 13 Jun 2022 is Rs 134.8206 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 2.38% (1yr), 14.8% (3yr), 11.28% (5yr) and 13.44% (since launch). Whereas, Category returns for the same time duration are: 3.27% (1yr), 12.82% (3yr) and 10.16% (5yr).

3. Fund Size: The UTI Long Term Equity Fund - Direct Plan currently holds Assets under Management worth of Rs 2844.17 crore as on Apr 30, 2022.
4. Expense ratio: The expense ratio of the fund is 1.17% for Direct plan as on Mar 31, 2022.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 500.

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Basic Details
Fund HouseUTI Mutual Fund
Launch Date01-Jan-2013
Return Since Launch13.0%
BenchmarkNIFTY 500 Total Return Index
RiskometerVery High
TypeOpen-ended
Assets2,735.34 Cr (As on 31-Mar-2022)
Exense1.08% (As on 30-Apr-2022)
Risk GradeAverage
Return GradeAverage
Turnover23.0%
Investment Details
Minimum Investment (₹)500.00
Minimum Addl Investment (₹)500.00
Minimum SIP Investment (₹)500.00
Minimum Withdrawal (₹)-
Exit Load0%

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Top 5 Peer Comparison

UTI Long Term Equity Fund Direct-Growth

-1.81%

13.45%

BOI AXA Tax Advantage Direct-Growth

-2.39%

19.59%

Mirae Asset Tax Saver Fund Direct-Growth

0.81%

17.05%

Quant Tax Plan Direct-Growth

7.82%

32.09%

IDFC Tax Advantage (ELSS) Direct Plan-Growth

3.47%

16.70%

My Transactions

About Fund
1. UTI Long Term Equity Fund - Direct Plan is Open-ended ELSS Equity scheme which belongs to UTI Mutual Fund House.
2. The fund was launched on Jan 01, 2013.

Investment objective & Benchmark
1. The investment objective of the fund is that " An open-ended equity fund investing a minimum of 80% in equity related instruments. It Aims at enabling members to avail tax rebate under Section 80C of the IT Act and provide them with the benefits of growth. "
2. It is benchmarked against NIFTY 500 Total Return Index.

Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 97.5% in equities, 0.18% in debts and 2.34% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 39.48% of the assets, the top 3 sectors constitute around 46.02% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 60.13% in giant & large cap companies, 30.54% in mid cap and 9.32% in small cap companies.

Tax Implications
1. Short-term Capital Gain Tax - STCG is not applicable on ELSS schemes since these have a lock-in period of 3 years.
2. Investment into ELSS schemes qualify for tax deduction under Section 80C of the Indian Income Tax Act.
3. Gains of more than Rs. 1 lakh after completion of 3 years will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.

Frequently Asked Questions (FAQs)
Q: Is it safe to invest in UTI Long Term Equity Fund - Direct Plan?
A: As per SEBI’s latest guidelines to calculate risk grades, investment in the UTI Long Term Equity Fund - Direct Plan comes under Very High risk category.

Q: What is the category of UTI Long Term Equity Fund - Direct Plan?
A: UTI Long Term Equity Fund - Direct Plan belongs to the Equity: ELSS category of funds.

Q: How Long should I Invest in UTI Long Term Equity Fund - Direct Plan?
A: The suggested investment horizon of investing into UTI Long Term Equity Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.

Q: Who manages the UTI Long Term Equity Fund - Direct Plan?
A: The UTI Long Term Equity Fund - Direct Plan is managed by Vishal Chopda (Since Aug 30, 2019).

Data Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research

All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.

UTI Long Term Equity Fund Direct-Growth - UTI Long Term Equity Fund Direct-Growth Review, UTI Long Term Equity Fund Direct-Growth NAV, asset allocation - The Economic Times (2024)

FAQs

Is it good to invest in UTI Equity Fund? ›

UTI Equity Fund

It is a fund with Moderately High risk and has given a CAGR/Annualized return of 13.1% since its launch. Ranked 54 in Multi Cap category. Return for 2021 was 34% , 2020 was 31.5% and 2019 was 11.7% .

Is UTI hybrid equity fund good? ›

(Scheme Rating)

Current NAV: The Current Net Asset Value of the UTI Hybrid Equity Fund - Regular Plan as of Oct 07, 2022 is Rs 254.85 for Growth option of its Regular plan. 2. Returns: Its trailing returns over different time periods are: 4.59% (1yr), 16.61% (3yr), 9.61% (5yr) and 14.68% (since launch).

Which UTI Mutual Fund is best to invest? ›

UTI MF Top Rated Funds
  • UTI Flexi Cap Fund Direct-Growth. ...
  • UTI Mastershare Direct-Growth. ...
  • UTI Hybrid Equity Fund Direct Fund-Growth. ...
  • UTI Nifty Next 50 Index Fund Direct - Growth. ...
  • UTI Nifty 50 Index Fund Direct-Growth. ...
  • UTI Equity Savings Fund Direct - Growth. ...
  • UTI Dynamic Bond Fund Direct-Growth.

How long does it take to redeem UTI Mutual Fund? ›

If the redemption transaction is received after 3 PM, the transaction will be processed on the next working day. Once the redemption request is submitted within the cut-off time, the fund house will process the transaction and confirm within one business day.

Is UTI investment safe? ›

UTI Equity Fund is an average performer in the multi cap category. You may continue with the scheme if you have a moderate risk profile. Though you should always invest in equity mutual fund schemes with a long-term horizon, you should always keep track of their performance.

Is UTI private or government? ›

Consequent to enactment of the Unit Trust of India (Transfer of Undertaking and Repeal) Act 2002, the company is construed as a Government Company under section 2(45) of the Company's Act 2013.

What is UTI hybrid equity fund? ›

Fund Overview

The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across the market capitalization spectrum. The fund also invests in debt and money market instruments with a view to generate regular income.

How is Tata Balanced Advantage Fund? ›

Current NAV: The Current Net Asset Value of the Tata Balanced Advantage Fund - Regular Plan as of Oct 14, 2022 is Rs 14.91 for Growth option of its Regular plan. 2. Returns: Its trailing returns over different time periods are: 1.44% (1yr), 12.46% (3yr) and 11.29% (since launch).

What is the new name of UTI? ›

Name change in Schemes of UTI Mutual Fund
ExistingNew
UTI - CCP Advantage FundUTI CCF - Investment Plan
UTI - MIS Advantage PlanUTI Regular Savings Fund
UTI Balanced FundUTI Hybrid Equity Fund
UTI SPrEAD FundUTI Arbitrage Fund
7 more rows
28 Mar 2018

How do I cash out my UTI Mutual Fund? ›

In case the User desires to redeem, he/she has to approach his/her depository participant and submit necessary form/s. As an alternative, redemption request can be placed through depository participants & Exchanges specified intermediaries where NSE MFSS/ BSE STAR platform is available for trading of mutual fund units.

Is UTI a good company? ›

UTI Mutual Fund is the oldest and most trusted company with experience of over 50 years in the field of Asset Management.

Which is the best mutual fund? ›

Best Performing Equity Mutual Funds
Fund Name3-year Return (%)*5-year Return (%)*
ICICI Prudential Technology Direct Plan-Growth31.75%26.58%
Aditya Birla Sun Life Digital India Fund Direct-Growth29.25%25.82%
SBI Technology Opportunities Fund Direct-Growth26.70%24.38%
Quant Tax Plan Direct-Growth40.26%23.48%
6 more rows

What happens if I withdraw my mutual funds before 1 year? ›

However, if you decide to withdraw money sooner, specifically within 1 year of making an equity investment, then your gain will be taxed at a flat tax rate of 15% plus cess plus surcharge. If you withdraw your units of equity mutual funds within 12 months of investing then short-term capital gains will arise.

How long does it take to withdraw money from a mutual fund? ›

For liquid funds, the redemption is usually done within 1-2 working days. For debt funds it is usually 2-3 working days and for equity funds it is usually 3-4 working days. The fund house will credit the money directly into your Bank account (which you had provided during your sign up on Freecharge Mutual Funds).

Can I withdraw money from mutual fund anytime? ›

You can withdraw from your mutual fund holdings at any time as long as it is an open-ended fund. Mutual fund investments can be withdrawn as soon as the fund is available for daily sale and repurchase.

What is the cause of infection in urine? ›

Urinary tract infections (UTIs) are usually caused by bacteria from poo entering the urinary tract. The bacteria enter through the tube that carries pee out of the body (urethra). Women have a shorter urethra than men. This means bacteria are more likely to reach the bladder or kidneys and cause an infection.

What are the main objects of UTI? ›

Unit Trust of India was first Set up in 1st February 1964 under the Unit Trust of India Act, 1963. It is a statutory public sector investment institution having the main objective to encourage and mobilize the savings of the community and canalize them into productive corporate investment.

How good are UTI Mutual Funds? ›

The UTI Mutual Fund has a total Asset Under Management (AUM) of approximately Rs. 2,26,197 crore (as of 31 May, 2022). It holds 5.86% of the industry AUM share. It offers over 79 primary mutual fund schemes for investors with varying risk appetites.

What is UTI mean? ›

A urinary tract infection (UTI) is an infection in any part of the urinary system. The urinary system includes the kidneys, ureters, bladder and urethra. Most infections involve the lower urinary tract — the bladder and the urethra. Women are at greater risk of developing a UTI than are men.

Which bank is known as UTI? ›

Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It sells financial services to large and mid-size companies, SMEs and retail businesses. Axis Asset Management Company Ltd.

Is UTI AMC a govt company? ›

Although not a government entity in its entirety, 74% stake of UTI Asset Management Company Limited (UTI AMC) is owned by 4 main public sector organizations - Life Insurance Corp. of India (LIC), State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB).

What is UTI Dividend Yield Fund? ›

Dividend Yield Fund : The fund has 97.5% investment in domestic equities of which 61.69% is in Large Cap stocks, 19.04% is in Mid Cap stocks, 10.04% in Small Cap stocks. The fund has 0.17% investment in Debt, of which 0.17% in Government securities.

What is UTI Mastershare Unit scheme? ›

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 investment objective of the scheme would be achieved.

Which is best balanced Advantage fund? ›

  • HDFC Balanced Advantage Fund.
  • ICICI Prudential Balanced Advantage Fund.
  • Nippon India Balanced Advantage Fund.
  • Aditya Birla Sun Life Balanced Advantage Fund.
  • Principal Balanced Advantage Fund.
  • Invesco India Dynamic Equity Fund.
  • L&T Dynamic Equity Fund.
  • Edelweiss Balanced Advantage Fund.
7 days ago

How is Tata hybrid equity fund? ›

(Scheme Rating)

1. Current NAV: The Current Net Asset Value of the Tata Hybrid Equity Fund - Regular Plan as of Oct 14, 2022 is Rs 308.77 for Growth option of its Regular plan. 2. Returns: Its trailing returns over different time periods are: -0.6% (1yr), 13.77% (3yr), 8.61% (5yr) and 14.81% (since launch).

What is balanced Advantage fund? ›

Balanced Advantage funds are hybrid mutual funds which is also known as Dynamic Asset Allocation Funds. In a Balanced Advantage fund, the asset allocation between the two asset classes - equity and debt - is managed dynamically depending on the prevailing stock market conditions.

Is Flexi Cap fund good? ›

1] Quant Flexi-cap Fund

This fund has outperformed the NIFTY 50 index by 21.02 per cent on a 3-year basis. The fund has invested 99.32 per cent of its assets in domestic equities, with 71.22 per cent in large-cap stocks, 17.79 per cent in mid-cap stocks, and 6.73 per cent in small-cap stocks.

Is UTI equity fund and UTI Flexi Cap Fund same? ›

UTI Flexi Cap Fund (Formerly known as UTI Equity Fund)

How do I know if I have a mutual fund UTI? ›

Please enter your Folio number or 1st Holder's PAN or Email ID registered under the Folio, in the box provided below and choose the option of delivery. If you opt for Email, the account Statement will be sent to the registered e-mail id and if you opt for Physical, the hard copy will be sent to the registered address.

How do you transfer a UTI? ›

UTIs are not sexually transmitted and are not contagious. This means that people with a UTI will not pass on a UTI to their partner. In most cases, the sexual partners of a person with a UTI will not need treatment.

How do I stop a SIP UTI? ›

Pause SIP can be cancelled by submitting a signed request by the investor. Upon cancellation of the SIP Pause registered in the folio, the SIP Debits will automatically restart.

How do I redeem unclaimed dividends? ›

Investors, who claim these amounts after 3 years, shall be paid initial unclaimed amount along-with the income earned on its deployment till the end of the third year. After the third year, the income earned on such unclaimed amounts shall be used for the purpose of investor education.

Which is open ended fund of UTI? ›

UTI Flexi Cap Fund, Flexi Cap Fund -An open ended equity scheme investing across large cap, mid cap, small cap stocks which follows the growth style of investment.

Is Universal Technical Institute a good place to work? ›

Universal Technical Institute is ranked #40 on the Best Education Companies to Work For in America list.

Who owns UTI MF? ›

State Bank of India, Life Insurance Corporation of India, Bank of Baroda and Punjab National Bank are the sponsors of UTI Mutual Fund. T Rowe Price Group Inc (TRP Group) through its wholly owned subsidiary T Rowe Price International Ltd. (TRP) has acquired a 26% stake in UTI Asset Management Company Limited (UTI AMC).

Is 2022 a good time to invest in mutual funds? ›

“In 2022 it's as good a time as ever to invest in Mutual funds and participate in the growth of world-class companies of the fastest growing large economies of the world.

Which mutual fund has highest return? ›

List of High Risk & High Returns in India Ranked by Last 5 Year Returns
  • PGIM India Midcap Opportunities Fund. Consistency. ...
  • Nippon India Small Cap. Consistency. ...
  • Kotak Small Cap Fund. Consistency. ...
  • Axis Small Cap Fund. Consistency. ...
  • SBI Small Cap Fund. ...
  • ICICI Prudential Smallcap Fund. ...
  • DSP Small Cap Fund. ...
  • Edelweiss Mid Cap Fund.

Which is the best mutual fund to invest for long term? ›

List of Long Duration Mutual Funds in India
Fund NameCategoryRisk
Bank of India Small Cap FundEquityVery High
Canara Robeco Small Cap FundEquityVery High
Quant Infrastructure FundEquityVery High
PGIM India Midcap Opportunities FundEquityVery High
7 more rows

How is UTI focused equity fund? ›

About UTI Focused Equity Fund

UTI Focused Equity Fund Direct - Growth has ₹2,802 Crores worth of assets under management (AUM) as on 30/09/2022 and is medium-sized fund of its category. The fund has an expense ratio of 0.14%, which is less than what most other.

Is UTI a good company? ›

UTI Mutual Fund is the oldest and most trusted company with experience of over 50 years in the field of Asset Management.

What are the benefits of UTI or mutual fund? ›

By investing in equity mutual funds, one can enjoy exposure to multiple stocks with a single investment product, thereby achieving portfolio diversification. The fund managers choose such stocks based on the fundamental strength, the growth potential of the individual stocks, and the scheme's investment objective.

Is UTI Equity Fund is mutual fund? ›

The UTI Equity Fund is a large cap equity mutual fund that has a diversified portfolio across sectors. The fund aims to offer long term capital appreciation through equity based investments and has been operational since 1992.

How do I claim UTI fund amount? ›

In case the User desires to redeem, he/she has to approach his/her depository participant and submit necessary form/s. As an alternative, redemption request can be placed through depository participants & Exchanges specified intermediaries where NSE MFSS/ BSE STAR platform is available for trading of mutual fund units.

Is open ended fund of UTI? ›

What is UTI Power of Three? UTI Mastershare Unit Scheme, Large Cap Fund - An open ended equity scheme predominantly investing in large cap stocks following the Growth at Reasonable Price (GARP) style of investment.

How do I get a folio number for UTI? ›

Missed Call Service by UTI Mutual Fund.
  1. You may give a Missed Call to +91 9289 607090 to know your folio value. We request you to save the 10 digit mobile no with the prefix of the Country Code for India with a + sign viz +91 9289 607090 on your handset with the Name. ...
  2. Advantages:
  3. How it works?
  4. Features & Pre-Requisites.

Is UTI AMC a government company? ›

The government holds 74% stake in the company through four public sector institutions—Life Insurance Corp. of India (LIC), State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB)—but it is not a government entity.

What is UTI Investment? ›

A unit trust is an investment plan in which the funds are pooled together and then invested. The fund which is pooled is then unitized and the investor who is one party to the unit trust is called a unitholder, holding a certain number of units.

What is UTI plan? ›

UTI Unit Linked Insurance Plan (UTI ULIP) offers multiple benefits including life coverage and personal accident cover, UTI Retirement Benefit Pension Fund (UTI RBP) facilitates creation of retirement corpus and periodic income in the form of annuity like payment, and lastly UTI Long Term Equity Fund (Tax Saving) (UTI ...

What triggers UTI in female? ›

A UTI develops when microbes enter the urinary tract and cause infection. Bacteria are the most common cause of UTIs, although fungi rarely can also infect the urinary tract. E. coli bacteria, which live in the bowel, cause most UTIs.

What causes male UTI? ›

Urinary tract infection may be caused by a sexually transmitted disease. Sometimes a stone in the urinary tract blocks the flow of urine and causes an infection. In older men, an enlarged prostate can cause a urinary tract infection by keeping urine from draining out of the bladder completely.

What is UTI caused by? ›

UTIs are common infections that happen when bacteria, often from the skin or rectum, enter the urethra, and infect the urinary tract. The infections can affect several parts of the urinary tract, but the most common type is a bladder infection (cystitis).

Is UTI curable? ›

Often, UTI symptoms clear up within a few days of starting treatment. But you may need to continue antibiotics for a week or more. Take all of the medicine as prescribed. For an uncomplicated UTI that occurs when you're otherwise healthy, your health care provider may recommend a shorter course of treatment.

How long does a UTI last? ›

Most of the time, UTIs go away pretty quickly—usually, symptoms stop within a couple of days, and the bacteria completely clear out after you've taken antibiotics for three to seven days, per AUA. However, there are some things you can do to help speed up the healing process.

Is UTI Mutual Fund tax free? ›

The Mutual Fund receives all income without any deduction of tax at source under the provisions of Section 196(iv) of the Act.

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