August 28, 2023
mayank
UTI Retirement Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 41.6949
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as the returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Balanced hybrid funds invest roughly half your money in equity shares and the rest in bonds. Their returns are lower than pure equity funds which invest all your money in shares, but they also fall less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate a corpus to provide for pension in the form of periodical income / cash flow to the unit holders to the extent of redemption value of their holding after the age of 58 years by investing in a mix of securities comprising of debt & money market instruments and equity & equity related instruments.
Fund Manager:
1) 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.
2) Sunil Madhukar Patil
Education: Mr. Patil is MMF, Finance
Experience: He joined UTI AMC in October 1989. He has overall 32 years of experience in Primary Market Investment / Dealing and Fund Management.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | 5 Years |
| Exit Load | 0 |
Basic Details of UTI Retirement Fund
| Fund House | UTI Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 10.04% |
| Benchmark | CRISIL Short Term Debt Hybrid 60+40 Index |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 4,011 Cr |
| (As on 31-Jul-2023) | |
| Expense | 1.04% |
| (As on 31-Jul-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 27.00% |
UTI Retirement Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| UTI Retrmnt Benefit Pension Dir | 9.22 | -0.32 | 0.32 | 4.99 | 9.61 | 11.94 | 14.84 | 8.85 | 9.19 | 11.11 |
| VR Balanced TRI | 7.02 | -0.55 | -1.61 | 5.12 | 10.24 | 10.58 | 17.90 | 11.25 | 12.41 | 13.44 |
| Hybrid: Balanced Hybrid | 7.79 | -0.27 | 0.19 | 4.50 | 8.84 | 9.75 | 12.05 | 8.02 | 8.31 | 10.83 |
| Rank within category | 1 | 4 | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
| Number of funds in category | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
UTI Retirement 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 Retrmnt Benefit Pension Dir | Unrated | 11.94 | 14.84 | 8.85 | 1.04 | 4,011 | 10.04 | — | 10Y 7M | 27.00 |
| UTI Children’s Career Svngs Dir | Unrated | 7.33 | 12.06 | 7.25 | 1.53 | 4,229 | 9.93 | — | 10Y 7M | 23.00 |
| Franklin Ind Pension Dir | Unrated | 9.74 | 10.15 | 7.94 | 1.49 | 468 | 10.05 | 3.00 (58) | 10Y 7M | — |
Portfolio Analysis of UTI Retirement Fund
| No. of Stocks | 62 |
| Top 10 Holdings | 41.22% |
| Top 5 Stocks | 27.76% |
| Top 3 Sectors | 21.97% |
| Portfolio P/B Ratio | 2.91 |
| Portfolio P/E Ratio | 19.35 |
| Avg Credit Rating | AAA |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,51,098 | 1,50,021 |
| Giant (%) | 51.71 | 53.69 |
| Large (%) | 17.71 | 20.10 |
| Mid (%) | 27.53 | 20.13 |
| Small (%) | 3.06 | 6.08 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 99 | 54 |
| Macaulay Duration (yrs) | 5.48 | 4.66 |
| Average Maturity (yrs) | 9.25 | 7.85 |
| Yield to Maturity (%) | 7.40 | 7.31 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For UTI Retirement Fund
Do not invest in this, or any other balanced hybrid fund, 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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