UTI - Long Term Equity Fund (Tax Saving) - Regular Plan - Growth Option
Fund House: UTI Mutual Fund| Category: Equity: ELSS |
| Launch Date: 01-08-2005 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| Expense Ratio: 1.97% As on (31-07-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 2,997.38 Cr As on (31-08-2022) |
| Turn over: 28% | Exit Load: Nil |
139.7307
-2.97 (-2.1231%)
11.58%
NIFTY 500 TRI 16.39%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
An open-ended equity fund investing a minimum of 80% in equity related instruments. It Aims at enabling members to avail tax rebate under Section 80C of the IT Act and provide them with the benefits of growth.
Current Asset Allocation (%)
Indicators
| Volatility | 13.5 |
| Sharp Ratio | 0.83 |
| Alpha | 0.37 |
| Beta | 0.96 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| UTI - Long Term Equity Fund (Tax Saving) - Regular Plan - Growth Option | 01-08-2005 | -4.73 | 27.52 | 17.32 | 11.94 | 13.28 |
| Quant Tax Plan - Growth Option - Regular Plan | 01-04-2000 | 11.84 | 46.09 | 38.06 | 22.03 | 20.34 |
| HDFC Taxsaver - Growth Plan | 05-03-1996 | 4.79 | 30.78 | 15.08 | 9.01 | 12.9 |
| Parag Parikh Tax Saver Fund- Regular Growth | 08-07-2019 | 2.91 | 25.98 | 22.12 | - | - |
| IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth | 26-12-2008 | 1.48 | 35.4 | 21.08 | 12.65 | 16.73 |
| Kotak Tax Saver-Scheme-Growth | 01-11-2005 | 1.46 | 27.57 | 17.32 | 12.59 | 14.3 |
| Sundaram Tax Savings Fund (Formerly Known as Principal Tax Savings Fund) Regular Growth | 02-01-2013 | 0.69 | 29.62 | 17.89 | 10.72 | 15.65 |
| SBI Long Term Equity Fund - Regular Plan- Growth | 31-03-1993 | 0.22 | 26.5 | 16.96 | 10.43 | 13.34 |
| PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option | 11-12-2015 | -0.04 | 29.98 | 17.36 | 11.89 | - |
| Franklin India Taxshield-Growth | 05-04-1999 | -0.19 | 32.11 | 14.91 | 10.35 | 14.26 |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
15.7%
Others
1.67%
Large Cap
62.78%
Mid Cap
19.84%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
