Fund Details
UTI Children's Career Fund Investment Plan Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.72% |
| NAV | ₹51.13 (22 Apr 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹452 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.72%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.1% |
| Infosys Ltd. | Technology | Equity | 7.2% |
| ICICI Bank Ltd. | Financial | Equity | 7.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.0% |
| Axis Bank Ltd. | Financial | Equity | 4.4% |
| Bharti Airtel Ltd. | Communication | Equity | 3.8% |
| ITC Ltd. | FMCG | Equity | 2.5% |
| Gujarat Gas Ltd. | Chemicals | Equity | 2.1% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 2.1% |
| Tata Steel Ltd. | Metals | Equity | 2.1% |
Fund Managers
UTI Children's Career Fund Investment Plan Direct Growth Details
UTI Children's Career Fund Investment Plan Direct Growth is a Solution Oriented Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Kaushik Basu is the Current Fund Manager of UTI Children's Career Fund Investment Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹452 Cr and the Latest NAV as of 22 Apr 2021 is ₹51.13.
The UTI Children's Career Fund Investment Plan Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500.
Investment Objective
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across the market capitalization spectrum.
Tax Implications
If average equity holding is >65%, returns are taxed at 15% (redeemed before one year) and 10% (After 1 year as per LTCG). If average equity holding is <65%, returns are taxed as per your Income Tax slab (redeemed before 3 years) and 20% with indexation benefit (post 3 years).
