UTI Medium to Long Duration Fund Direct Growth

UTI Medium to Long Duration Fund Direct Growth

Debt

Direct

Medium To Long Duration

NAV as on 05-12-2024

₹ 76.49

0.1%

1D

Inception Returns

7%

/yr

About UTI Medium to Long Duration Fund Direct Growth

UTI Medium to Long Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sunil Patil. This fund is suitable to keep your money safe.

Key Parameters

  1. UTI Medium to Long Duration Fund Direct Growth has ₹313 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 1.2.

Returns

UTI Medium to Long Duration Fund Direct Growth has given a CAGR return of 6.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.93%, 8.58% and 7.44% respectively.

Holdings

UTI Medium to Long Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Consumer Defensive, Consumer Cyclical, Basic Materials, Industrial, Cash Equivalent. Its top holdings are Government Of India 6.92%, LIC Housing Finance Limited, Hdb Financial Services Ltd., Jamnagar Utilities And Power Private Limited, Aditya Birla Renewables Limited

Taxation

As it is a medium to long 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 to Long Duration Fund Direct Growth

The investment objective of the scheme is to generate optimal returns with adequate liquidity by investing in debt and money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 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 to Long Duration Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
98 people have invested ₹ 20.9L in UTI Medium to Long Duration Fund Direct Growth in the last three months

UTI Medium to Long Duration Fund Direct Growth Overview

Expense ratio1.24%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹313 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
192.43%
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 (05-Dec-24)

Period
UTI Medium to Long Duration Fund Direct Growth
Medium to Long Duration Index
1M
1%
0.8%
3M
2.2%
1.8%
6M
5.2%
4.7%
1Y
9.9%
9.4%
3Y
8.6%
5.9%
5Y
7.4%
6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
88.5%

AA
11.5%

Sector Allocation

Oct'24

Sep'24

Aug'24

Government
59.5%
Corporate
38.5%
Cash Equivalent
2%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 314.9 Cr
₹ 314.9 Cr
₹ 307.1 Cr
  • AUM of the fund stands at 314.9 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Cash allocation has gone down from 2.4% to 2%
Cash allocation has gone down from 2.4% to 2%
Debt allocation has gone up from 97.3% to 97.8%
Debt allocation has gone up from 97.3% to 97.8%

Top 3 Sectors in October were Financial Services, Government & Corporate

Oct'24
Financial Services
62%
Government
59%
Corporate
39%
Sep'24
Financial Services
62%
Government
61%
Corporate
37%
  • Debt & Cash

Holdings
Weight%
1M Change
Government Of India 6.92%
Government Of India 6.92%
56.01%
0%
LIC Housing Finance Limited
LIC Housing Finance Limited
8.05%
0%
Hdb Financial Services Ltd.
Hdb Financial Services Ltd.
7.9%
0%
Jamnagar Utilities And Power Private Limited
Jamnagar Utilities And Power Private Limited
6.44%
0%
Cholamandalam Investment And Finance Company Limited
Cholamandalam Investment And Finance Company Limited
4.8%
0%
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Sunil Patil
Sunil Patil
Fund Manager of UTI Medium to Long Duration Fund Direct Growth, since 17 April 2023
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 5 years, SBI Magnum Income Fund Direct Growth has given 7.63% return, outperforming this fund by 0.19% per annum.
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In the last 3 years, this fund has outperformed all funds in its category.
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In the last 1 year, Kotak Bond Direct Growth has given 10.55% return, outperforming this fund by 0.62%.

UTI Medium to Long 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 6.99% since inception which is more than its category average return of 5.76%
AUM size ₹313 Cr

AUM size ₹313 Cr

This fund has AUM of ₹313 Cr which is less than its category average of ₹ 978 Cr
Expense Ratio 1.24%

Expense Ratio 1.24%

This fund has an expense ratio of 1.24% which is more than its category average expense ratio of 1.14%

Frequently Asked Questions for UTI Medium to Long Duration Fund Direct Growth

The current NAV of UTI Medium to Long Duration Fund Direct Growth is ₹76.49 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
UTI Medium to Long Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.98%
0.98%
6 Month Returns
5.23%
5.23%
1 Year Returns
9.93%
9.93%
3 Years Returns
27.99%
8.58%
5 Years Returns
43.17%
7.44%
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.
1.24% as on November 2024
₹313 Cr as on November 2024
Government Of India 6.92%(56.01%), LIC Housing Finance Limited(8.05%), Hdb Financial Services Ltd.(7.9%), Jamnagar Utilities And Power Private Limited(6.44%), Aditya Birla Renewables Limited(4.8%) as on November 2024
Government(59.14%), Corporate(38.57%), Cash Equivalent(2.29%) as on November 2024
Yield to Maturity is 7.38 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 6.23 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
88.52
AA
11.48
Sunil Patil is the fund manager of UTI Medium to Long Duration Fund Direct Growth
The Exit load of UTI Medium to Long Duration Fund Direct Growth is 0%