August 26, 2023
mayank
UTI Long Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 10.4089
Yearly NAV IDCW: Rs 10.4089
NAV IDCW Quarterly: Rs 10.4089
Half Yearly NAV IDCW: Rs 10.4090
Suitable For Which Investors?
“Long Duration debt funds invest mainly in bonds maturing in more than seven years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they can be fairly volatile in response to changes in interest rates.
Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.
We also believe that investors with a long investment horizon of seven years or more may consider investing at least some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss is substantially reduced if you invest for seven years and more.”
Fund’s Investment Strategy:
The scheme aims to generate optimal returns with adequate liquidity by investing in a portfolio of debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.
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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| 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 3 years |
Basic Details of UTI Long Duration Fund
| Fund House | UTI Mutual Fund |
| Launch Date | 17-Mar-23 |
| Return Since Launch | 4.09% |
| Benchmark | CRISIL Long Duration Debt A-III Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 60 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.45% |
| (As on 31-Jul-2023) | |
| Risk Grade | — |
| Return Grade | — |
UTI Long Duration Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| UTI Long Duration Dir | — | -0.08 | -0.02 | 0.12 | — | — | — | — | — | — |
| VR Bond | — | 0.09 | 0.21 | 0.78 | — | — | — | — | — | — |
| Debt: Long Duration | — | -0.12 | -0.03 | -0.07 | — | — | — | — | — | — |
| Rank within category | — | 3 | 5 | 3 | — | — | — | — | — | — |
| Number of funds in category | 5 | 7 | 7 | 7 | 6 | 3 | 2 | 2 | 1 | 1 |
UTI Long Duration 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 | |
| UTI Long Duration Dir | Unrated | — | — | — | 0.45 | 60 | 4.09 | 1.00 (1095) | 5M |
| Nippon Ind Nivesh Lakshya Dir | Unrated | 8.97 | 4.77 | 9.11 | 0.30 | 6,280 | 8.85 | 1.00 (365) | 5Y 1M |
| HDFC Long Duration Debt Dir | Unrated | — | — | — | 0.25 | 1,265 | 4.79 | — | 7M |
| SBI Long Duration Dir | Unrated | — | — | — | 0.22 | 796 | 5.98 | 1.00 (365) | 8M |
| ICICI Pru LT Bond Dir | Unrated | 7.30 | 4.01 | 7.58 | 0.76 | 658 | 8.05 | — | 10Y 7M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 3 | 7 |
| Macaulay Duration (yrs) | 8.72 | 9.40 |
| Average Maturity (yrs) | 15.27 | 19.51 |
| Yield to Maturity (%) | 7.26 | 7.39 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For UTI Long Duration Fund
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