UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl

Debt
Direct
10 Yr Government Bond
UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl

About the Fund

UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 1 August, 2022. The fund is managed by Anurag Mittal. This fund is suitable to keep your money safe.

Key Parameters

  1. UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl has ₹163 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 8.18% since inception. Over the last 1 year the fund has given a CAGR return of 7.29%.

Holdings

UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.1% Govt Stock 2034, 7.23% Govt Stock 2039, 7.18% Govt Stock 2037

Taxation

As it is a 10 yr government bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl

The investment objective of the scheme is to generate optimal returns with high liquidity by investing in a portfolio of government securities such that weighted average portfolio maturity is around 10 years. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.23%
Benchmark
ICICI Securities Libex TR INR
AUM₹163 Cr
Inception Date1 August, 2022
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
298.07%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
98.1%
Cash Equivalent
1.9%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
57.92%
-0.3%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
30.86%
0%
7.23% Govt Stock 2039
7.23% Govt Stock 2039
6.23%
0%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
3.09%
0%

Anurag Mittal
Anurag Mittal
Fund Manager of UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl, since 1 August 2022

UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl 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 8.18% since inception which is more than its category average return of 6.16%
AUM size ₹163 Cr

AUM size ₹163 Cr

This fund has AUM of ₹163 Cr which is less than its category average of ₹ 565 Cr
Expense Ratio 0.23%

Expense Ratio 0.23%

This fund has an expense ratio of 0.23% which is less than its category average expense ratio of 0.39%

Frequently Asked Questions

The current NAV of UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl is ₹11.59 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.11%
1.11%
6 Month Returns
4.63%
4.63%
1 Year Returns
7.29%
7.29%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.23% as on May 2024
₹163 Cr as on May 2024
Yield to Maturity is 7.14 as on May 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 6.86 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Anurag Mittal is the fund manager of UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl
The Exit load of UTI Gilt Fund with 10 year Constant Duration Direct Flexi Reinvestment Inc Dist cum Cap Wdrl is 0%