Fund Details
UTI Children's Career Fund Investment Plan Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.74% |
| NAV | ₹50.11 (25 Jan 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹417 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
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Higher expense ratio - 1.86%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.4% |
| Infosys Ltd. | Technology | Equity | 7.4% |
| ICICI Bank Ltd. | Financial | Equity | 7.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.4% |
| Axis Bank Ltd. | Financial | Equity | 4.0% |
| Bharti Airtel Ltd. | Communication | Equity | 3.4% |
| ITC Ltd. | FMCG | Equity | 2.8% |
| Gujarat Gas Ltd. | Chemicals | Equity | 2.2% |
| Bajaj Finance Ltd. | Financial | Equity | 2.1% |
| Crompton Greaves Consumer Electricals Ltd. | Cons Durable | Equity | 2.0% |
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 ₹417 Cr and the Latest NAV as of 25 Jan 2021 is ₹50.11.
The UTI Children's Career Fund Investment Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Exit load of 4% if redeemed less than 1 year, 3% if redeemed 1 year and above but less than 3 years and 1% if redeemed 3 years and above but less than 5 years.
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).
