UTI MNC Fund Direct Growth
About the Fund
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
- UTI MNC Fund Direct Growth has ₹3101 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 1.1.
Returns
UTI MNC Fund Direct Growth has given a CAGR return of 16.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.50%, 17.41% and 18.78% respectively.
Holdings
UTI MNC Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Consumer Cyclical, Industrial, Government, Health, Financial Services, Basic Materials, Tech. Its top holdings are Maruti Suzuki India Ltd, Britannia Industries Ltd, Whirlpool of India Ltd, United Breweries Ltd, United Spirits 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 benefitDividends 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.
INDmoney Rank
Fund Overview
| Expense ratio | 1.13% |
Benchmark | IISL Nifty MNC TR INR |
| AUM | ₹3101 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 5.29% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Suven Pharmaceuticals Ltd | 24% |
 Oracle Financial Services Software Ltd | 12.4% |
 Whirlpool of India Ltd | 11.9% |
Mutual Fund Insights
UTI MNC Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹3101 Cr
Expense Ratio 1.13%
Frequently Asked Questions
UTI MNC Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.89% | 2.89% |
6 Month Returns | 22.16% | 22.16% |
1 Year Returns | 35.5% | 35.5% |
3 Years Returns | 61.87% | 17.41% |
5 Years Returns | 136.48% | 18.78% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI MNC Fund Direct Growth | 3.64 | -1.44 | -1.16 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI MNC Fund Direct Growth | 0.72 | 0.88 | 0.9 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI MNC Fund Direct Growth | 2.46 | 1.05 | 0.82 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI MNC Fund Direct Growth | 9.68 | 11.07 | 14.43 |