UTI Children's Equity Fund Direct Growth

Hybrid
Direct
Children
UTI Children's Equity Fund Direct Growth

About the Fund

UTI Children's Equity Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Vishal Chopda. This fund gives you the benefit of diversification.

Key Parameters

  1. UTI Children's Equity Fund Direct Growth has ₹1010 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.

Returns

UTI Children's Equity Fund Direct Growth has given a CAGR return of 15.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 34.83%, 17.08% and 19.24% respectively.

Holdings

UTI Children's Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Consumer Defensive, Basic Materials, Government, Health, Communication, Utilities, Real Estate, Energy.

Taxation

As it is a children mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of UTI Children's Equity Fund Direct Growth

The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across the market capitalization spectrum. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. There is a lock in period for UTI Children's Equity Fund Direct Growth of 5 Years

Fund Performance
zero opening, trading, fund transfer fee
20 people have invested ₹ 45.5K in UTI Children's Equity Fund Direct Growth in the last three months

Fund Overview

Expense ratio1.17%
Benchmark
IISL Nifty 500 TR INR
AUM₹1010 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/--
Exit Load0%
Lock In5 Years
TurnOver
22.99%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 98.4%

  • Debt & Cash 1.6%

Large cap
65.1%

Mid cap
24.9%

Small cap
8.5%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
29.5%
Consumer Cyclical
16.6%
Industrial
9.1%
Tech
9.1%
Consumer Defensive
9%
Basic Materials
6.1%
Health
5.8%
Communication
5.5%
Utilities
4.3%
Real Estate
3.3%
Energy
1.8%
All changes are between Oct'69 and Dec'69

Vishal Chopda
Vishal Chopda
Fund Manager of UTI Children's Equity Fund Direct Growth, since 30 August 2019

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (children). Its expense ratio is 1.17% which is lower than the category average expense ratio of 1.52%.
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In the last 3 years, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 33.69% return, outperforming this fund by 16.61% per annum.
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Over the last 6 months, this fund has experienced a 21.5% growth in AUM moving from 831.58 Cr to 1.01K Cr.
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In the last 5 years, Tata Young Citizens' Fund (After 7 years) Direct Plan Growth has given 19.73% return, outperforming this fund by 0.49% per annum.
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In the last 1 year, SBI Magnum Children's Benefit Fund- Investment Plan Direct Growth has given 44.75% return, outperforming this fund by 9.92%.

UTI Children's Equity Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.15% since inception which is more than its category average return of 13.17%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.39% in Equity, 0.09% in Debt and 1.52% in Cash related instruments
AUM size ₹1010 Cr

AUM size ₹1010 Cr

This fund has AUM of ₹1010 Cr which is less than its category average of ₹ 1579 Cr
Expense Ratio 1.17%

Expense Ratio 1.17%

This fund has an expense ratio of 1.17% which is less than its category average expense ratio of 1.71%

Frequently Asked Questions

The current NAV of UTI Children's Equity Fund Direct Growth is ₹90.58 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
UTI Children's Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.45%
7.45%
6 Month Returns
15.82%
15.82%
1 Year Returns
34.83%
34.83%
3 Years Returns
60.49%
17.08%
5 Years Returns
141.02%
19.24%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
1.17% as on May 2024
₹1010 Cr as on May 2024
HDFC Bank Ltd(7.52%), ICICI Bank Ltd(7.48%), Infosys Ltd(4.81%), Bharti Airtel Ltd(4.23%), Axis Bank Ltd(3.5%) as on May 2024
Financial Services(28.98%), Consumer Cyclical(16.32%), Industrial(8.96%) as on May 2024
AAA
100
Vishal Chopda is the fund manager of UTI Children's Equity Fund Direct Growth
The Exit load of UTI Children's Equity Fund Direct Growth is 0%