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UTI Monthly Income Scheme Direct Growth+0.15%

5.96%
1 Year Return
Hybrid
Conservative
3.0star
6M
1Y
3Y
5Y

Fund Details

UTI Monthly Income Scheme Direct Growth

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.56%
NAV₹36.26 (02 May 2018)
Fund Started01 Jan 2013
Fund Size261 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
6.0%
8.0%
9.2%
9.2%
Category Average
10.1%
5.9%
8.3%
-
Rank Within Category
-
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 6.0% returns per annum

Comparison

Data not available
Pros
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
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Top Holdings

NameSectorInstrument% Assets
Afcons Infrastructure Ltd.ConstructionDebenture9.8%
Bank Of BarodaFinancialDebenture9.7%
Vodafone Idea Ltd.CommunicationDebenture9.6%
Jamnagar Utilities and Power Pvt. Ltd.EngineeringDebenture8.1%
GOISovereignGOI Sec7.1%
GOISovereignGOI Sec6.0%
Cholamandalam Investment & Finance Co. Ltd.FinancialNCD5.9%
Yes Bank Ltd.FinancialBonds5.0%
Edelweiss Asset Reconstruction Company Ltd.FinancialNCD4.0%
HDFC Bank Ltd.FinancialEquity2.0%
See All

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.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Exit load of 1% if redeemed within 1 year
Exit Load

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About UTI Mutual Fund

Address
UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East) Mumbai 400051
Phone
022-66786666
Launch Date
01 Feb 2003
Website
NA
UTI Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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