Fund Details
UTI Children's Career Fund Savings Plan Direct Plan
| Risk | High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.57% |
| NAV | ₹26.73 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹3,886 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. Risk-adjusted returns are lower compared to the category
2. Higher expense ratio - 1.6%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 6.7% |
| GOI | Sovereign | GOI Sec | 4.5% |
| GOI | Sovereign | GOI Sec | 4.5% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.1% |
| HDFC Bank Ltd. | Financial | Equity | 3.4% |
| Infosys Ltd. | Technology | Equity | 3.0% |
| ICICI Bank Ltd. | Financial | Equity | 2.8% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 2.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.2% |
| Edelweiss Rural & Corporate Services Ltd. | Financial | NCD | 1.9% |
Fund Managers
UTI Children's Career Fund Savings Plan Direct Plan Details
UTI Children's Career Fund Savings Plan Direct Plan is a Solution Oriented Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Amandeep Chopra, Kaushik Basu is the Current Fund Manager of UTI Children's Career Fund Savings Plan Direct Plan fund.The fund currently has an Asset Under Management(AUM) of ₹3,886 Cr and the Latest NAV as of 25 Jan 2021 is ₹26.73.
The UTI Children's Career Fund Savings Plan Direct Plan is rated High risk. Minimum SIP Investment is set to 500. Exit load of 3% if redeemed less than 2 years, 2% if redeemed 2 years and above but less than 4 years and 1% if redeemed 4 years and above but less than 5 years.
Investment Objective
The scheme seeks to invest predominantly in debt and money market instruments and part of the portfolio into equity & equity related securities with a view to generating income and aim for capital appreciation.
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).
