UTI Dividend Yield Fund Direct Growth

UTI Dividend Yield Fund Direct Growth

Equity

Direct

Dividend Yield

NAV as on 07-11-2024

₹ 192.31

1.2%

1D

Inception Returns

15.6%

/yr

About UTI Dividend Yield Fund Direct Growth

UTI Dividend Yield Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Amit Premchandani. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. UTI Dividend Yield Fund Direct Growth has ₹4198 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
  2. The fund has an expense ratio 1.4.

Returns

UTI Dividend Yield Fund Direct Growth has given a CAGR return of 15.61% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 49.74%, 19.31% and 22.68% respectively.

Holdings

UTI Dividend Yield Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Defensive, Health, Consumer Cyclical, Utilities, Industrial, Energy, Basic Materials, Government, Communication. Its top holdings are HDFC Bank Ltd, Infosys Ltd, Tech Mahindra Ltd, ITC Ltd, ICICI Bank Ltd

Taxation

As it is a dividend yield mutual fund the taxation is as follows:
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
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of UTI Dividend Yield Fund Direct Growth

The objective of the scheme is to generate long term capital appreciation and income by investing predominantly in dividend yielding equity and equity related securities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. UTI Dividend Yield Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
302 people have invested ₹ 32.9L in UTI Dividend Yield Fund Direct Growth in the last three months

INDmoney Rank for UTI Dividend Yield Fund Direct Growth

Powered by IND quant engine
5
/6
37% Performance
20% Risk Management
3% Cost
5 out of 6 among dividend yield
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Beats FD returns for both 3Y & 5Y
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Poor track record of protecting capital in bear phase
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Poor track record of Recovering losses quickly
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3Y returns in the bottom 25% of the category

UTI Dividend Yield Fund Direct Growth Overview

Expense ratio1.42%
Benchmark
S&P BSE 500 India TR INR
AUM₹4198 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
34.27%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (07-Nov-24)

Period
UTI Dividend Yield Fund Direct Growth
Nifty 500
dividend yield
1M
-2.3%
-1.6%
-2.4%
3M
3.7%
-0.2%
2.4%
6M
19.6%
10.5%
12.9%
1Y
49.7%
32.7%
42.8%
3Y
19.3%
14%
21%
5Y
22.7%
18.5%
23.1%

Fund Distribution

as on (30-Sep-24)

  • Equity 96%

  • Debt & Cash 4%

Large cap
60.7%

Small cap
19.9%

Mid cap
14.8%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
24.9%
Tech
15.9%
Consumer Cyclical
10.6%
Health
10.1%
Consumer Defensive
9.9%
Utilities
8.9%
Energy
6.6%
Industrial
6.3%
Basic Materials
5.7%
Communication
1.2%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
1.05%
2.64%
7.99%
Nifty 500
2.04%
0.97%
3.53%
  • This fund’s returns stands at 1.05% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
  • This fund underperformed Nifty 500 by 0.99% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 4.5K Cr
₹ 4.5K Cr
₹ 4.4K Cr
  • AUM of the fund stands at 4.5K Cr as of Sep'24
  • AUM increased by 24.3 Cr between Sep'24 and Aug'24
Top Stocks bought last month
Mahindra & Mahindra Ltd's allocation increased from 2.67% to 3.11%
Mahindra & Mahindra Ltd's allocation increased from 2.67% to 3.11%
Samvardhana Motherson International Ltd's allocation increased from 0.96% to 1.36%
Samvardhana Motherson International Ltd's allocation increased from 0.96% to 1.36%
HDFC Bank Ltd's allocation increased from 6.7% to 7.05%
HDFC Bank Ltd's allocation increased from 6.7% to 7.05%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 4.14 % to 3.97 %
Infosys Ltd's allocation decreased from 4.14 % to 3.97 %
Tech Mahindra Ltd's allocation decreased from 3.67 % to 3.52 %
Tech Mahindra Ltd's allocation decreased from 3.67 % to 3.52 %
Tata Consultancy Services Ltd's allocation decreased from 2.76 % to 2.57 %
Tata Consultancy Services Ltd's allocation decreased from 2.76 % to 2.57 %
Mid Cap allocation has gone up from 10.2% to 14.1%
Mid Cap allocation has gone up from 10.2% to 14.1%
Large Cap allocation has gone down from 63.7% to 60.5%
Large Cap allocation has gone down from 63.7% to 60.5%
Small Cap allocation has gone down from 19.4% to 19.3%
Small Cap allocation has gone down from 19.4% to 19.3%
Debt allocation has gone up from 0.2% to 0.2%
Debt allocation has gone up from 0.2% to 0.2%
Cash allocation has gone down from 6.2% to 5.4%
Cash allocation has gone down from 6.2% to 5.4%

Top 3 Sectors in September were Financial Services, Tech & Health

Sep'24
Financial Services
25%
Tech
16%
Consumer Cyclical
11%
Aug'24
Financial Services
24%
Tech
16%
Health
11%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
58
55
54
Top 5 Company Concentration
20.4%
20%
19.7%
Company having highest exposure
HDFC Bank Ltd (7%)
HDFC Bank Ltd (6.7%)
HDFC Bank Ltd (6.7%)
No of Sectors
11
11
10
Top 5 Sectors Concentration
71.3%
70.8%
70.2%
Sector having highest exposure
Financial Services (24.9%)
Financial Services (24.3%)
Financial Services (24.3%)
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Amit Premchandani
Amit Premchandani
Fund Manager of UTI Dividend Yield Fund Direct Growth, since 16 November 2022
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.29L Cr
as on 30-Sep-2024
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
Phone
+912266786666
Website
service@uti.co.in

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has increased expense ratio by 0.7% moving from 1.41 to 1.42.
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In the last 3 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 26.15% return, outperforming this fund by 6.84% per annum.
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In the last 5 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 27.75% return, outperforming this fund by 5.07% per annum.
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Over the last 1 month, this fund has experienced a 5.9% drop in AUM moving from 4.46K Cr to 4.19K Cr.
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In the last 1 year, LIC MF Dividend Yield Fund Direct Growth has given 57.64% return, outperforming this fund by 7.9%.

UTI Dividend Yield 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 15.61% since inception which is less than its category average return of 18.58%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.98% in Equity, 0.23% in Debt and 3.78% in Cash related instruments
AUM size ₹4198 Cr

AUM size ₹4198 Cr

This fund has AUM of ₹4198 Cr which is more than its category average of ₹ 3470 Cr
Expense Ratio 1.42%

Expense Ratio 1.42%

This fund has an expense ratio of 1.42% which is less than its category average expense ratio of 1.47%

Frequently Asked Questions for UTI Dividend Yield Fund Direct Growth

The current NAV of UTI Dividend Yield Fund Direct Growth is ₹192.31 as on 07-Nov-2024.
Existing (Absolute + CAGR) as on 07-Nov-2024.
UTI Dividend Yield Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.28%
-2.28%
6 Month Returns
19.62%
19.62%
1 Year Returns
49.74%
49.74%
3 Years Returns
69.82%
19.31%
5 Years Returns
177.85%
22.68%
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.
1.42% as on October 2024
₹4198 Cr as on October 2024
HDFC Bank Ltd(7.65%), Infosys Ltd(3.98%), Tech Mahindra Ltd(3.74%), ITC Ltd(2.79%), ICICI Bank Ltd(2.77%) as on October 2024
Financial Services(25.81%), Tech(15.32%), Consumer Defensive(9.49%) as on October 2024
The alpha ratio for the UTI Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
UTI Dividend Yield Fund Direct Growth
9.41
3.37
4.17
As on October 2024
The alpha for UTI Dividend Yield Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the UTI Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
UTI Dividend Yield Fund Direct Growth
1.02
0.95
0.83
As on October 2024
The Beta for UTI Dividend Yield Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the UTI Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
UTI Dividend Yield Fund Direct Growth
2.44
0.89
0.98
As on October 2024
The sharpe ratio for UTI Dividend Yield Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the UTI Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
UTI Dividend Yield Fund Direct Growth
14.51
14.22
16.9
As on October 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.62 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.58 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Amit Premchandani is the fund manager of UTI Dividend Yield Fund Direct Growth
The Exit load of UTI Dividend Yield Fund Direct Growth is 1%