UTI MNC Fund Direct Growth

UTI MNC Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 06-12-2024

₹ 445.36

0.6%

1D

Inception Returns

16.1%

/yr

About UTI MNC Fund Direct Growth

UTI MNC 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 MNC Fund Direct Growth has ₹2981 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 1.2.

Returns

UTI MNC Fund Direct Growth has given a CAGR return of 16.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.95%, 14.92% and 16.36% respectively.

Holdings

UTI MNC Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Consumer Cyclical, Industrial, Government, Health, Basic Materials, Financial Services, Tech. Its top holdings are Maruti Suzuki India Ltd, United Breweries Ltd, Nestle India Ltd, Vedanta Ltd, Procter & Gamble Health Ltd

Taxation

As it is a equity - other 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 MNC Fund Direct Growth

The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of multinational 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 MNC Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
470 people have invested ₹ 51.9L in UTI MNC Fund Direct Growth in the last three months

INDmoney Rank for UTI MNC Fund Direct Growth

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IND ranking is not available for this fund.
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Beats FD returns for both 3Y & 5Y duration
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3Y returns in the bottom 25% of the category

UTI MNC Fund Direct Growth Overview

Expense ratio1.19%
Benchmark
IISL Nifty MNC TR INR
AUM₹2981 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
38.95%
STCGSelling mutual fund 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 (06-Dec-24)

Period
UTI MNC Fund Direct Growth
Nifty 500
equity - other
1M
-0.4%
1.2%
-
3M
-3.4%
-0.7%
-
6M
7.7%
9.1%
-
1Y
25%
24.8%
-
3Y
14.9%
16.8%
-
5Y
16.4%
19.2%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 96.5%

  • Debt & Cash 3.5%

Large cap
32.2%

Mid cap
32%

Small cap
28.9%

Sector Allocation

Oct'24

Sep'24

Aug'24

Consumer Defensive
24.4%
Consumer Cyclical
21%
Industrial
16.9%
Health
11.9%
Basic Materials
10.4%
Financial Services
9.7%
Tech
5.6%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-6.31%
3.22%
-0.49%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -6.31% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 0.21% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 3K Cr
₹ 3.2K Cr
₹ 3.2K Cr
  • AUM of the fund stands at 3K Cr as of Oct'24
  • AUM decreased by 218 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Maruti Suzuki India Ltd's allocation increased from 6.69% to 7.55%
Maruti Suzuki India Ltd's allocation increased from 6.69% to 7.55%
3M India Ltd's allocation increased from 2.91% to 3.33%
3M India Ltd's allocation increased from 2.91% to 3.33%
Escorts Kubota Ltd's allocation increased from 0.66% to 1.05%
Escorts Kubota Ltd's allocation increased from 0.66% to 1.05%
Top Stocks sold last month
United Breweries Ltd's allocation decreased from 4.88 % to 4.6 %
United Breweries Ltd's allocation decreased from 4.88 % to 4.6 %
Nestle India Ltd's allocation decreased from 4.72 % to 4.41 %
Nestle India Ltd's allocation decreased from 4.72 % to 4.41 %
Vedanta Ltd's allocation decreased from 4.3 % to 4.17 %
Vedanta Ltd's allocation decreased from 4.3 % to 4.17 %
Mid Cap allocation has gone up from 31.9% to 32.2%
Mid Cap allocation has gone up from 31.9% to 32.2%
Large Cap allocation has gone down from 32.8% to 31.4%
Large Cap allocation has gone down from 32.8% to 31.4%
Small Cap allocation has gone up from 31.1% to 31.3%
Small Cap allocation has gone up from 31.1% to 31.3%
Cash allocation has gone down from 3.2% to 3%
Cash allocation has gone down from 3.2% to 3%
Debt allocation has gone up from 0.5% to 0.5%
Debt allocation has gone up from 0.5% to 0.5%

Top 3 Sectors in October were Consumer Defensive, Consumer Cyclical & Industrial

Oct'24
Consumer Defensive
24%
Consumer Cyclical
21%
Industrial
17%
Sep'24
Consumer Defensive
27%
Consumer Cyclical
20%
Industrial
16%
  • Gainers

  • Losers

Fund
Oct'24
Sep'24
Aug'24
No of Holdings
51
50
49
Top 5 Company Concentration
24.9%
25.5%
24.9%
Company having highest exposure
Maruti Suzuki India Ltd (7.5%)
Maruti Suzuki India Ltd (6.7%)
Maruti Suzuki India Ltd (5.9%)
No of Sectors
8
8
8
Top 5 Sectors Concentration
88.5%
87.3%
85.5%
Sector having highest exposure
Consumer Defensive (24.4%)
Consumer Defensive (26.6%)
Consumer Defensive (27.7%)
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Karthikraj Lakshmanan
Karthikraj Lakshmanan
Fund Manager of UTI MNC Fund Direct Growth, since 16 November 2022
Top funds managed
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

Insights icon
Over the last 3 months, this fund has increased expense ratio by 5.3% moving from 1.13 to 1.19.
Insights icon
Over the last 1 month, this fund has experienced a 8.2% drop in AUM moving from 3.24K Cr to 2.98K Cr.
Insights icon
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 34.33% return, outperforming this fund by 17.97% per annum.
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In the last 3 years, SBI PSU Direct Growth has given 39.23% return, outperforming this fund by 24.31% per annum.
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In the last 1 year, HDFC Defence Fund Direct Growth has given 63.72% return, outperforming this fund by 38.77%.

UTI MNC 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 16.13% since inception which is less than its category average return of 19.56%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.51% in Equity, 0.5% in Debt and 2.99% in Cash related instruments
AUM size ₹2981 Cr

AUM size ₹2981 Cr

This fund has AUM of ₹2981 Cr which is more than its category average of ₹ 2182 Cr
Expense Ratio 1.19%

Expense Ratio 1.19%

This fund has an expense ratio of 1.19% which is more than its category average expense ratio of 1.17%

Frequently Asked Questions for UTI MNC Fund Direct Growth

The current NAV of UTI MNC Fund Direct Growth is ₹445.36 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
UTI MNC Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.45%
-0.45%
6 Month Returns
7.71%
7.71%
1 Year Returns
24.95%
24.95%
3 Years Returns
51.76%
14.92%
5 Years Returns
113.28%
16.36%
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1.19% as on November 2024
₹2981 Cr as on November 2024
Maruti Suzuki India Ltd(8.15%), United Breweries Ltd(4.61%), Nestle India Ltd(4.42%), Vedanta Ltd(4.3%), Procter & Gamble Health Ltd(4.17%) as on November 2024
Consumer Defensive(23.55%), Consumer Cyclical(20.31%), Industrial(16.31%) as on November 2024
The alpha ratio for the UTI MNC Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
UTI MNC Fund Direct Growth
1.73
-0.18
-0.05
As on November 2024
The alpha for UTI MNC Fund Direct Growth is calculated against IISL Nifty MNC 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 MNC Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
UTI MNC Fund Direct Growth
0.71
0.8
0.88
As on November 2024
The Beta for UTI MNC Fund Direct Growth is calculated with IISL Nifty MNC 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 MNC Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
UTI MNC Fund Direct Growth
1.2
0.74
0.75
As on November 2024
The sharpe ratio for UTI MNC Fund Direct Growth is calculated with IISL Nifty MNC 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 MNC Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
UTI MNC Fund Direct Growth
13.2
11.64
14.24
As on November 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 1.38 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Karthikraj Lakshmanan is the fund manager of UTI MNC Fund Direct Growth
The Exit load of UTI MNC Fund Direct Growth is 1%