Fund Details
UTI Core Equity Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.97% |
| NAV | ₹80.76 (13 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹930 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
1. Higher expense ratio - 2.0%
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 5.2% |
| Infosys Ltd. | Technology | Equity | 5.0% |
| State Bank of India | Financial | Equity | 4.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.3% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.2% |
| Axis Bank Ltd. | Financial | Equity | 3.2% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| Gujarat State Petronet Ltd. | Energy | Equity | 2.6% |
| Tata Power Co. Ltd. | Energy | Equity | 2.4% |
| Cummins India Ltd. | Engineering | Equity | 2.4% |
Fund Managers
UTI Core Equity Fund Direct Growth Details
UTI Core Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. V Srivatsa is the Current Fund Manager of UTI Core Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹930 Cr and the Latest NAV as of 13 Apr 2021 is ₹80.76.
The UTI Core Equity Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed less than 1 year
Investment Objective
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of large cap and mid cap companies.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
