August 26, 2023
mayank
UTI ELSS Tax Saver Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 170.1791
NAV IDCW: Rs 40.1050
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
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.
Fund Manager:
1) Vishal Chopda
Education: Mr. Chopda is BE, PGDM & CFA
Experience: He joined UTI AMC in January 2011 and worked for the past 7 years as Research Analyst. He has previously worked with Care Ratings.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | 3 Years |
| Exit Load | 0 |
Basic Details of UTI ELSS Tax Saver Fund
| Fund House | UTI Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 13.92% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 3,159 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.95% |
| (As on 31-Jul-2023) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 19.00% |
UTI ELSS Tax Saver Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| UTI LT Eqt Dir | 9.63 | -0.56 | 0.33 | 8.46 | 13.79 | 9.79 | 20.55 | 12.77 | 13.10 | 15.98 |
| S&P BSE 500 TRI | 9.66 | -0.62 | -0.20 | 8.59 | 15.73 | 12.35 | 22.49 | 12.72 | 14.06 | 16.33 |
| Equity: ELSS | 12.25 | -0.62 | 0.42 | 9.22 | 15.59 | 15.51 | 22.73 | 13.42 | 14.21 | 17.84 |
| Rank within category | 29 | 14 | 22 | 26 | 26 | 31 | 23 | 17 | 18 | 22 |
| Number of funds in category | 35 | 38 | 38 | 37 | 36 | 33 | 33 | 30 | 28 | 25 |
UTI ELSS Tax Saver Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| UTI LT Eqt Dir | 3 star | 9.79 | 20.55 | 12.77 | 0.95 | 3,159 | 13.92 | — | 10Y 7M | 19.00 |
| Mirae Asset Tax Saver Dir | 5 star | 15.25 | 24.00 | 16.64 | 0.49 | 17,419 | 19.42 | — | 7Y 7M | 96.00 |
| SBI LT Eqt Dir | 4 star | 24.72 | 25.81 | 14.97 | 0.99 | 15,374 | 15.04 | — | 10Y 7M | 12.00 |
| DSP Tax Saver Dir | 4 star | 17.13 | 24.93 | 15.52 | 0.77 | 11,805 | 17.03 | — | 10Y 7M | 37.00 |
| Canara Robeco Eqt Tax Saver Dir | 4 star | 11.40 | 22.88 | 15.31 | 0.57 | 5,979 | 15.51 | — | 10Y 7M | 21.00 |
Portfolio Analysis of UTI ELSS Tax Saver Fund
| No. of Stocks | 55 |
| Top 10 Stocks | 42.63% |
| Top 5 Stocks | 30.12% |
| Top 3 Sectors | 50.40% |
| Portfolio P/B Ratio | 4.35 |
| Portfolio P/E Ratio | 28.32 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,18,786 | 1,58,443 |
| Giant (%) | 45.97 | 53.54 |
| Large (%) | 23.03 | 19.27 |
| Mid (%) | 24.72 | 22.46 |
| Small (%) | 6.29 | 6.86 |
| Tiny (%) | — | 0.15 |
Chanakya’s Mutual Fund Guidance For UTI ELSS Tax Saver Fund
Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Apply Online: https://www.utimf.com/mutual-fund-schemes/
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