UTI Retirement Fund Direct Growth
About the Fund
UTI Retirement Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by V Srivatsa, Sunil Patil. This fund gives you the benefit of diversification.
Key Parameters
- UTI Retirement Fund Direct Growth has ₹4546 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 1.
Returns
UTI Retirement Fund Direct Growth has given a CAGR return of 11.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.44%, 13.97% and 14.13% respectively.
Holdings
UTI Retirement Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Corporate, Cash Equivalent, Consumer Cyclical, Tech, Basic Materials, Health, Consumer Defensive, Industrial, Energy, Communication, Utilities, Real Estate.
Taxation
As it is a retirement mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments: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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of UTI Retirement Fund Direct Growth
The investment objective of the scheme is primarily to generate a corpus to provide for pension in the form of periodical income / cash flow to the unit holders to the extent of redemption value of their holding after the age of 58 years by investing in a mix of securities comprising of debt & money market instruments and equity & equity related instruments. However, there is 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 0.00 and for SIP is INR 0.00. There is a lock in period for UTI Retirement Fund Direct Growth of 5 Years
Fund Overview
| Expense ratio | 0.99% |
Benchmark | CRISIL ST Debt Hybrid 60+40 FundTR INR |
| AUM | ₹4546 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 1% |
| Lock In | 5 Years |
TurnOver | 71.37% |
| Risk |   High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 3.8% | -8.7% | |
 ICICI Bank Ltd | 2.96% | -3.9% | |
 ITC Ltd | 1.8% | 3% | |
 Infosys Ltd | 1.77% | 4.8% | |
 Reliance Industries Ltd | 1.74% | -11.2% |
Mutual Fund Insights
UTI Retirement Fund Direct Growth Highlights
High Risk
About the fund
Fund Allocations
AUM size ₹4546 Cr
Expense Ratio 0.99%
Frequently Asked Questions
UTI Retirement Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.35% | 2.35% |
6 Month Returns | 12.1% | 12.1% |
1 Year Returns | 21.44% | 21.44% |
3 Years Returns | 48.05% | 13.97% |
5 Years Returns | 93.6% | 14.13% |
- 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.
AAA | 97.2 |
AA | 2.8 |