UTI Medium Duration Fund Direct Growth

UTI Medium Duration Fund Direct Growth

Debt

Direct

Medium Duration

NAV as on 06-12-2024

₹ 18.66

Inception Returns

6.7%

/yr

About UTI Medium Duration Fund Direct Growth

UTI Medium Duration Fund Direct Growth is a debt fund. This fund was started on 31 March, 2015. The fund is managed by Ritesh Nambiar. This fund is suitable to keep your money safe.

Key Parameters

  1. UTI Medium Duration Fund Direct Growth has ₹40 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

UTI Medium Duration Fund Direct Growth has given a CAGR return of 6.67% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.92%, 6.07% and 5.17% respectively.

Holdings

UTI Medium Duration Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.26% Govt Stock 2032, 07.79 Up SDL 2033, Godrej Industries Limited, 6.54% Govt Stock 2032

Taxation

As it is a medium duration 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 Medium Duration Fund Direct Growth

The investment objective of the scheme is to generate reasonable income by investing in debt & money market securities such that the Macaulay duration of the portfolio is between 3 to 4 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 500.00 and for SIP is INR 500.00. UTI Medium Duration Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
2 people have invested ₹ 3.1K in UTI Medium Duration Fund Direct Growth in the last three months

UTI Medium Duration Fund Direct Growth Overview

Expense ratio0.82%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹40 Cr
Inception Date31 March, 2015
Min Lumpsum/SIP₹500/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
76.5%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (06-Dec-24)

Period
UTI Medium Duration Fund Direct Growth
Medium Duration Index
1M
0.8%
0.8%
3M
2.2%
1.9%
6M
4.7%
4.3%
1Y
8.9%
8.5%
3Y
6.1%
6.2%
5Y
5.2%
6.2%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.6%

AAA
59.8%

AA
40.2%

Sector Allocation

Oct'24

Sep'24

Aug'24

Government
48.2%
Corporate
38.2%
Cash Equivalent
13.6%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 40.3 Cr
₹ 40.3 Cr
₹ 39.9 Cr
  • AUM of the fund stands at 40.3 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Cash allocation has gone up from 13.1% to 13.5%
Cash allocation has gone up from 13.1% to 13.5%
Debt allocation has gone down from 86.5% to 86.1%
Debt allocation has gone down from 86.5% to 86.1%

Top 2 Sectors in October were Government, Corporate

Oct'24
Government
48%
Corporate
38%
Sep'24
Government
49%
Corporate
38%
  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
16.53%
0%
7.26% Govt Stock 2032
7.26% Govt Stock 2032
10.21%
0%
07.79 Up SDL 2033
07.79 Up SDL 2033
7.85%
0%
Godrej Industries Limited
Godrej Industries Limited
7.42%
0%
6.54% Govt Stock 2032
6.54% Govt Stock 2032
7.34%
0%
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Ritesh Nambiar
Ritesh Nambiar
Fund Manager of UTI Medium Duration Fund Direct Growth, since 1 July 2015
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.37L Cr
as on 31-Oct-2024
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
Phone
+912266786666
Website
service@uti.co.in

Mutual Fund Insights

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In the last 1 year, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 11.92% return, outperforming this fund by 2.99%.
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This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.82% which is lower than the category average expense ratio of 0.87%.
Insights icon
In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 14.6% return, outperforming this fund by 8.53% per annum.
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In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 12.15% return, outperforming this fund by 6.98% per annum.

UTI Medium Duration Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 6.67% since inception which is more than its category average return of 4.69%
AUM size ₹40 Cr

AUM size ₹40 Cr

This fund has AUM of ₹40 Cr which is less than its category average of ₹ 1493 Cr
Expense Ratio 0.82%

Expense Ratio 0.82%

This fund has an expense ratio of 0.82% which is less than its category average expense ratio of 0.95%

Frequently Asked Questions for UTI Medium Duration Fund Direct Growth

The current NAV of UTI Medium Duration Fund Direct Growth is ₹18.66 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
UTI Medium Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.85%
0.85%
6 Month Returns
4.67%
4.67%
1 Year Returns
8.92%
8.92%
3 Years Returns
19.35%
6.07%
5 Years Returns
28.65%
5.17%
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.
0.82% as on November 2024
₹40 Cr as on November 2024
7.18% Govt Stock 2033(16.53%), 7.26% Govt Stock 2032(10.21%), 07.79 Up SDL 2033(7.85%), Godrej Industries Limited(7.42%), 6.54% Govt Stock 2032(7.34%) as on November 2024
Government(48.28%), Corporate(38.4%), Cash Equivalent(13.32%) as on November 2024
Yield to Maturity is 7.5 as on November 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 2.9 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
59.77
AA
40.23
Ritesh Nambiar is the fund manager of UTI Medium Duration Fund Direct Growth
The Exit load of UTI Medium Duration Fund Direct Growth is 1%