UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl

Equity
Direct
Mid-Cap
UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ankit Agarwal. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl has ₹10683 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 21.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.83%, 23.23% and 25.80% respectively.

Holdings

UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Financial Services, Health, Tech, Basic Materials, Government, Communication, Consumer Defensive, Utilities, Real Estate, Energy. Its top holdings are Bharat Forge Ltd, Indian Bank, Phoenix Mills Ltd, Bharat Electronics Ltd, Voltas Ltd

Taxation

As it is a mid-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 Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl

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

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
16 people have invested ₹ 26K in UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.8%
Benchmark
S&P BSE Midcap TR INR
AUM₹10683 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
14.92%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 97%

  • Debt & Cash 3%

Mid cap
66.2%

Small cap
20.5%

Large cap
10.2%

Sector Allocation

May'24

Apr'24

Mar'24

Consumer Cyclical
22%
Industrial
20.2%
Financial Services
18.6%
Health
10.5%
Tech
9.6%
Basic Materials
7.3%
Communication
3%
Consumer Defensive
2.5%
Utilities
2.3%
Real Estate
2.2%
Energy
1.8%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Ankit Agarwal
Ankit Agarwal
Fund Manager of UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl, since 30 August 2019
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
UTI Mid Cap Fund-Growth Option- Direct
23.23%
25.75%

UTI Mid Cap Fund-Direct 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 21.02% since inception which is more than its category average return of 20.33%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.04% in Equity, 0.15% in Debt and 2.81% in Cash related instruments
AUM size ₹10683 Cr

AUM size ₹10683 Cr

This fund has AUM of ₹10683 Cr which is more than its category average of ₹ 8078 Cr
Expense Ratio 0.8%

Expense Ratio 0.8%

This fund has an expense ratio of 0.8% which is less than its category average expense ratio of 1.38%

Frequently Asked Questions

The current NAV of UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl is ₹160.24 as on 24-Jun-2024.
Existing (Absolute + CAGR) as on 24-Jun-2024.
UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
7.81%
7.81%
6 Month Returns
22.82%
22.82%
1 Year Returns
41.83%
41.83%
3 Years Returns
87.15%
23.23%
5 Years Returns
215.12%
25.8%
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.
0.8% as on May 2024
₹10683 Cr as on May 2024
Bharat Forge Ltd(2.36%), Indian Bank(2.2%), Phoenix Mills Ltd(2.17%), Bharat Electronics Ltd(2.1%), Voltas Ltd(1.89%) as on May 2024
Consumer Cyclical(21.36%), Industrial(19.59%), Financial Services(18.05%) as on May 2024
The alpha ratio for the UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl
-3.65
-1.66
-
As on May 2024
The alpha for UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl is calculated against S&P BSE Midcap 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 Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl
0.79
0.85
0.87
As on May 2024
The Beta for UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with S&P BSE Midcap 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 Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl
2.47
1.14
0.91
As on May 2024
The sharpe ratio for UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with S&P BSE Midcap 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 Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl
10.64
13.05
19.6
As on May 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 2.22 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ankit Agarwal is the fund manager of UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of UTI Mid Cap Fund-Direct Reinvestment Inc Dist cum Cap Wdrl is 1%