UTI MNC Fund Direct Growth Option

UTI MNC Fund Direct Growth Option

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Equity
Direct
Equity - Other
NAV: ₹ 379.3 as on 20-02-2024
Fund Performance
zero opening, trading, fund transfer fee
445 people have invested ₹ 24.5L in UTI MNC Fund Direct Growth Option in the last three months

Mutual Fund Insights

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In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 31.37% return, outperforming this fund by 17.33% per annum.
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Over the last 1 month, this fund has increased expense ratio by 25.9% moving from 1.16 to 1.46.
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In the last 1 year, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 101.38% return, outperforming this fund by 71.74%.
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In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 44.78% return, outperforming this fund by 28.67% per annum.

INDmoney Rank of UTI MNC Fund Direct Growth Option

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IND ranking is not available for this fund.

Pros

Beats FD returns for both 3Y & 5Y duration

Cons

3Y returns in the bottom 25% of the category

About the UTI MNC Fund Direct Growth Option

UTI MNC Fund Direct Growth Option 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 Option has ₹2727 Cr worth of assets under management (AUM) as on Jan 2024 and is more than category average.
  2. The fund has an expense ratio 1.5.

UTI MNC Fund Direct Growth Option Overview

Expense ratio
Expense ratio
1.46%
Benchmark
Benchmark
IISL Nifty MNC TR INR
AUM
AUM
₹2727 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
1.83%

UTI MNC Fund Direct Growth Option Distribution as on (31-Jan-24)

  • Equity 94.7%

  • Debt & Cash 5.3%

Size breakup

Mid cap
45.5%
Large cap
36.2%
Small cap
13%
Sector Allocation

Jan'24

Dec'23

Nov'23

Consumer Defensive
29.4%
Consumer Cyclical
17.8%
Health
16.8%
Industrial
13.5%
Financial Services
11.2%
Tech
8.1%
Basic Materials
3.2%

Top Holdings of UTI MNC Fund Direct Growth Option as on (31-Jan-24)

  • Equity

  • Debt & Cash

Equity Holdings39
Debt Holdings2

UTI MNC Fund Direct Growth Option: Monthly Changes Updates

All changes are between Nov'23 and Jan'24
Fund Performance
Jan'24
Dec'23
Nov'23
Fund Returns
0.89%
4.37%
4.39%
Nifty 500
1.71%
7.25%
7.50%
  • This fund’s returns stands at 0.89% whereas the fund’s underlying benchmark Nifty 500 returns stands at 1.71% as on Jan'24
  • This fund underperformed Nifty 500 by 0.82% in Jan'24
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 2.7K Cr
₹ 2.7K Cr
₹ 2.5K Cr
  • AUM of the fund stands at 2.7K Cr as of Jan'24
  • AUM decreased by 2.1 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Gainers & Losers in UTI MNC Fund Direct Growth Option portfolio Returns for the month of Jan

UTI MNC Fund Direct Growth Option Fund Manager

Karthikraj Lakshmanan
Karthikraj Lakshmanan
Fund Manager of UTI MNC Fund Direct Growth Option, since 16 November 2022
Top funds managed

UTI MNC Fund Direct Growth Option 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 15.78% since inception which is less than its category average return of 22.36%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.74% in Equity, 0.04% in Debt and 5.22% in Cash related instruments
AUM size ₹2727 Cr

AUM size ₹2727 Cr

This fund has AUM of ₹2727 Cr which is more than its category average of ₹ 1689 Cr
Expense Ratio 1.46%

Expense Ratio 1.46%

This fund has an expense ratio of 1.46% which is more than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of UTI MNC Fund Direct Growth Option is ₹379.34 as on 20-Feb-2024.
Existing (Absolute + CAGR) as on 20-Feb-2024.
UTI MNC Fund Direct Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
2.35%
2.35%
6 Month Returns
15.29%
15.29%
1 Year Returns
29.64%
29.64%
3 Years Returns
56.51%
16.11%
5 Years Returns
92.89%
14.04%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
1.46% as on January 2024
₹2727 Cr as on January 2024
Maruti Suzuki India Ltd(7.47%), Nestle India Ltd(6.43%), United Spirits Ltd(5.2%), United Breweries Ltd(4.85%), Britannia Industries Ltd(4.8%) as on January 2024
Consumer Defensive(27.82%), Consumer Cyclical(16.88%), Health(15.92%) as on January 2024
The alpha ratio for the UTI MNC Fund Direct Growth Option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
UTI MNC Fund Direct Growth Option
3.98
0.2
-0.76
As on January 2024
The alpha for UTI MNC Fund Direct Growth Option 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 Option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
UTI MNC Fund Direct Growth Option
0.74
0.9
0.9
As on January 2024
The Beta for UTI MNC Fund Direct Growth Option 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 Option 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 Option
2
1.01
0.56
As on January 2024
The sharpe ratio for UTI MNC Fund Direct Growth Option 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 Option 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 Option
8.59
10.77
14.07
As on January 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 2.05 as on January 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 Option
The Exit load of UTI MNC Fund Direct Growth Option is 1%