August 25, 2023
mayank
UTI Equity Savings Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 15.7398
Quarterly NAV IDCW: Rs 15.7398
Monthly NAV IDCW: Rs 15.7407
NAV IDCW: Rs 15.7398
Suitable For Which Investors?
“Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy:
The Scheme seeks to provide capital appreciation and income distribution to the investors using arbitrage opportunities, investment in equity / equity related instruments and debt / money market instruments.
Fund Manager:
1) Sunil Patil
Education: Mr. Sunil Patil is an M.Com, MFM and CA LLB-I.
Experience: He joined UTI AMC in October 1989. He has overall 31 years of experience in Primary Market Investment / Dealing and Fund Management.
2) V Srivatsa
Education: Mr. Srivatsa is a B.Com (H), Chartered Accountant, CWA. and PGDM from IIM Indore.
Experience: Prior to joining UTI in 2002 he has worked with Ford, Rhodes Parks & Co., Chartered Accountants and Madras Cements Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details of UTI Equity Savings Fund
| Fund House | UTI Mutual Fund |
| Launch Date | 30-Aug-18 |
| Return Since Launch | 9.52% |
| Benchmark | CRISIL Equity Saving |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | Rs 283 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.68% |
| (As on 31-Jul-2023) | |
| Risk Grade | Below Average |
| Return Grade | Above Average |
| Turnover | 404.00% |
UTI Equity Savings Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| UTI Eqt Svngs Dir | 9.06 | -0.08 | 0.62 | 5.07 | 8.90 | 12.43 | 13.43 | — | — | — |
| VR MIP TRI | 6.01 | -0.07 | -0.38 | 3.13 | 6.95 | 8.73 | 10.00 | — | — | — |
| Hybrid: Equity Savings | 7.84 | 0.04 | 0.75 | 4.79 | 8.23 | 10.17 | 11.50 | — | — | — |
| Rank within category | 5 | 22 | 13 | 7 | 8 | 3 | 5 | — | — | — |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 16 | 13 | 1 |
UTI Equity Savings 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 Eqt Svngs Dir | 4 star | 12.43 | 13.43 | — | 0.68 | 283 | 9.52 | 1.00 (365) | 4Y 11M | 404.00 |
| ICICI Pru Eqt Svngs Dir | 5 star | 10.43 | 10.51 | 8.67 | 0.45 | 5,651 | 8.60 | 0.25 (7) | 8Y 8M | 61.00 |
| HDFC Eqt Svngs Dir | 4 star | 10.72 | 13.87 | 9.57 | 1.13 | 2,844 | 10.24 | 1.00 (90) | 10Y 7M | 22.25 |
| Kotak Eqt Svngs Dir | 5 star | 12.16 | 12.16 | 9.61 | 0.95 | 2,730 | 9.62 | 1.00 (90) | 8Y 10M | 515.61 |
| Mirae Asset Eqt Svngs Dir | 4 star | 10.94 | 13.58 | — | 0.40 | 672 | 12.18 | 1.00 (365) | 4Y 8M | 586.00 |
Portfolio Analysis of UTI Equity Savings Fund
| Number of Stocks | 36 |
| Number of Bonds | 13 |
| Average Maturity (yrs) | 3.05 |
| Top 10 Holdings | 45.17% |
| Portfolio P/B Ratio | 2.73 |
| Portfolio P/E Ratio | 20.76 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,75,291 | 1,97,162 |
| Giant (%) | 68.60 | 59.54 |
| Large (%) | 27.11 | 23.54 |
| Mid (%) | 4.29 | 13.21 |
| Small (%) | — | 5.11 |
| Tiny (%) | — | 0.02 |
| Fund | Category | |
| Number of Securities | 50 | 90 |
| Macaulay Duration (yrs) | 2.55 | 1.54 |
| Average Maturity (yrs) | 3.05 | 2.18 |
| Yield to Maturity (%) | 6.91 | 7.01 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For UTI Equity Savings Fund
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