UTI Large cap Fund Direct Growth

UTI Large cap Fund Direct Growth

Equity

Direct

Large-Cap

NAV as on 08-11-2024

₹ 289.07

-0.1%

1D

Inception Returns

14.5%

/yr

About UTI Large cap Fund Direct Growth

UTI Large cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Karthikraj Lakshmanan. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. UTI Large cap Fund Direct Growth has ₹13987 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

UTI Large cap Fund Direct Growth has given a CAGR return of 14.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.55%, 10.00% and 17.18% respectively.

Holdings

UTI Large cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Tech, Consumer Cyclical, Consumer Defensive, Industrial, Energy, Communication, Health, Basic Materials, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Bharti Airtel Ltd, Reliance Industries Ltd

Taxation

As it is a large-cap 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 Large cap Fund Direct Growth

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of large cap companies. However, there can be no assurance or guarantee that the investm ent objective of the scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. UTI Large cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
2983 people have invested ₹ 92.6L in UTI Large cap Fund Direct Growth in the last three months

INDmoney Rank for UTI Large cap Fund Direct Growth

Powered by IND quant engine
15
/19
27% Performance
45% Risk Management
38% Cost
15 out of 19 among large-cap
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Beats FD returns for both 3Y & 5Y
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3Y returns in the bottom 25% of the category

UTI Large cap Fund Direct Growth Overview

Expense ratio0.91%
Benchmark
S&P BSE 100 India TR INR
AUM₹13987 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
26.54%
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 (08-Nov-24)

Period
UTI Large cap Fund Direct Growth
Nifty 100
large-cap
1M
-4%
-4.1%
-3.5%
3M
-0.3%
-1.7%
-0%
6M
9.4%
9.7%
9.2%
1Y
25.5%
28.8%
30.7%
3Y
10%
10.9%
12.7%
5Y
17.2%
15.7%
17%

Fund Distribution

as on (30-Sep-24)

  • Equity 96.6%

  • Debt & Cash 3.4%

Large cap
83.9%

Mid cap
11%

Small cap
0.8%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
34.1%
Tech
13.3%
Consumer Cyclical
10.7%
Consumer Defensive
10%
Industrial
7.3%
Energy
6.7%
Communication
6.2%
Health
5.1%
Basic Materials
4.8%
Utilities
1.9%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
1.89%
2.25%
3.96%
Nifty 100
2.11%
0.83%
3.46%
  • This fund’s returns stands at 1.89% whereas the fund’s underlying benchmark Nifty 100 returns stands at 2.11% as on Sep'24
  • This fund underperformed Nifty 100 by 0.22% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 13.8K Cr
₹ 13.8K Cr
₹ 13.6K Cr
  • AUM of the fund stands at 13.8K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
NTPC Ltd's allocation increased from 0.78% to 1.18%
NTPC Ltd's allocation increased from 0.78% to 1.18%
HDFC Bank Ltd's allocation increased from 8.77% to 9.16%
HDFC Bank Ltd's allocation increased from 8.77% to 9.16%
IndusInd Bank Ltd's allocation increased from 3.56% to 3.91%
IndusInd Bank Ltd's allocation increased from 3.56% to 3.91%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 7.77 % to 6.91 %
Infosys Ltd's allocation decreased from 7.77 % to 6.91 %
Reliance Industries Ltd's allocation decreased from 5.44 % to 4.54 %
Reliance Industries Ltd's allocation decreased from 5.44 % to 4.54 %
Avenue Supermarts Ltd's allocation decreased from 3.96 % to 3.71 %
Avenue Supermarts Ltd's allocation decreased from 3.96 % to 3.71 %
Small Cap allocation has gone up from 1% to 1%
Small Cap allocation has gone up from 1% to 1%
Mid Cap allocation has gone up from 10.3% to 11.5%
Mid Cap allocation has gone up from 10.3% to 11.5%
Large Cap allocation has gone down from 84.8% to 84.4%
Large Cap allocation has gone down from 84.8% to 84.4%
Cash allocation has gone down from 3.4% to 2.6%
Cash allocation has gone down from 3.4% to 2.6%
Debt allocation has gone down from 0.5% to 0.5%
Debt allocation has gone down from 0.5% to 0.5%

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

Sep'24
Financial Services
34%
Government
15%
Tech
13%
Aug'24
Financial Services
33%
Tech
14%
Government
12%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
60
58
60
Top 5 Company Concentration
32.7%
33.8%
34.7%
Company having highest exposure
HDFC Bank Ltd (9.2%)
HDFC Bank Ltd (8.8%)
HDFC Bank Ltd (8.7%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
83.2%
80%
81.2%
Sector having highest exposure
Financial Services (34.1%)
Financial Services (33.2%)
Financial Services (33.3%)
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Karthikraj Lakshmanan
Karthikraj Lakshmanan
Fund Manager of UTI Large cap Fund Direct Growth, since 1 September 2022
Top funds managed
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 3 months, this fund has increased expense ratio by 11.0% moving from 0.82 to 0.91.
Insights icon
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 21.2% return, outperforming this fund by 4.01% per annum.
Insights icon
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 19.59% return, outperforming this fund by 9.59% per annum.
Insights icon
In the last 1 year, Quant Large Cap Fund Direct Growth has given 39.62% return, outperforming this fund by 14.07%.

UTI Large cap 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 14.52% since inception which is more than its category average return of 13.58%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.63% in Equity, 0.51% in Debt and 2.86% in Cash related instruments
AUM size ₹13987 Cr

AUM size ₹13987 Cr

This fund has AUM of ₹13987 Cr which is more than its category average of ₹ 7303 Cr
Expense Ratio 0.91%

Expense Ratio 0.91%

This fund has an expense ratio of 0.91% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions for UTI Large cap Fund Direct Growth

The current NAV of UTI Large cap Fund Direct Growth is ₹289.07 as on 08-Nov-2024.
Existing (Absolute + CAGR) as on 08-Nov-2024.
UTI Large cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-3.97%
-3.97%
6 Month Returns
9.44%
9.44%
1 Year Returns
25.55%
25.55%
3 Years Returns
33.1%
10%
5 Years Returns
120.97%
17.18%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.91% as on October 2024
₹13987 Cr as on October 2024
HDFC Bank Ltd(10%), ICICI Bank Ltd(7.87%), Infosys Ltd(6.49%), Bharti Airtel Ltd(4.76%), Reliance Industries Ltd(3.73%) as on October 2024
Financial Services(32.91%), Tech(13.1%), Consumer Cyclical(11.71%) as on October 2024
The alpha ratio for the UTI Large cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
UTI Large cap Fund Direct Growth
-3.26
-2.34
-
As on October 2024
The alpha for UTI Large cap Fund Direct Growth is calculated against S&P BSE 100 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 Large cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
UTI Large cap Fund Direct Growth
1
0.95
0.94
As on October 2024
The Beta for UTI Large cap Fund Direct Growth is calculated with S&P BSE 100 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 Large cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
UTI Large cap Fund Direct Growth
1.41
0.42
0.69
As on October 2024
The sharpe ratio for UTI Large cap Fund Direct Growth is calculated with S&P BSE 100 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 Large cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
UTI Large cap Fund Direct Growth
13.45
12.82
17.78
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 0.66 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Karthikraj Lakshmanan is the fund manager of UTI Large cap Fund Direct Growth
The Exit load of UTI Large cap Fund Direct Growth is 1%