UTI Children's Equity Fund Scholarship Direct Growth

UTI Children's Equity Fund Scholarship Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Vishal Chopda. This fund gives you the benefit of diversification.

1. UTI Children's Equity Fund Scholarship Direct Growth has ₹1093 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 1.2.
   

UTI Children's Equity Fund Scholarship Direct Growth has given a CAGR return of 14.08% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.47%, 17.59% and 23.35% respectively.

UTI Children's Equity Fund Scholarship Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Consumer Defensive, Health, Basic Materials, Communication, Energy, Utilities, Real Estate.

As it is a children 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across the market capitalization spectrum. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.

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 Children's Equity Fund Scholarship Direct Growth of 5 Years