Fund Details
UTI Monthly Income Scheme Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.56% |
| NAV | ₹36.26 (02 May 2018) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹261 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 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. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Afcons Infrastructure Ltd. | Construction | Debenture | 9.8% |
| Bank Of Baroda | Financial | Debenture | 9.7% |
| Vodafone Idea Ltd. | Communication | Debenture | 9.6% |
| Jamnagar Utilities and Power Pvt. Ltd. | Engineering | Debenture | 8.1% |
| GOI | Sovereign | GOI Sec | 7.1% |
| GOI | Sovereign | GOI Sec | 6.0% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | NCD | 5.9% |
| Yes Bank Ltd. | Financial | Bonds | 5.0% |
| Edelweiss Asset Reconstruction Company Ltd. | Financial | NCD | 4.0% |
| HDFC Bank Ltd. | Financial | Equity | 2.0% |
Fund Managers
UTI Monthly Income Scheme Direct Growth Details
UTI Monthly Income Scheme Direct Growth is a Hybrid Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. V Srivatsa, Amandeep Chopra is the Current Fund Manager of UTI Monthly Income Scheme Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹261 Cr and the Latest NAV as of 02 May 2018 is ₹36.26.
The UTI Monthly Income Scheme Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Exit load of 1% if redeemed within 1 year
Investment Objective
An open-ended debt oriented fund investing a minimum of 90% in Debt and G-sec and a maximum of 15% in equity instruments. The fund aims to distribute income periodically best suited to the investors who are looking for regular income with relatively low level of risk appetite. Also suitable to meet the requirements of corporate and institutional investors with surplus funds.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
