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 |
| TER: 1.92% As on (31-07-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 3,141.2 Cr As on (31-08-2023) |
| Turn over: 19% | Exit Load: Nil |
159.3851
-0.2 (-0.1261%)
11.71%
Benchmark: 16.47%
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
| Standard Deviation | 14.32 |
| Sharpe Ratio | 1.08 |
| Alpha | -1.39 |
| Beta | 0.94 |
| 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 | 14.17 | 4.77 | 22.01 | 14.03 | 14.57 |
| SBI Long Term Equity Fund - Regular Plan- Growth | 31-03-1993 | 33.71 | 15.63 | 27.82 | 16.9 | 16.55 |
| Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option | 05-01-2015 | 27.44 | 10.04 | 26.51 | 14.72 | - |
| BANK OF INDIA Tax Advantage Fund-Regular Plan- Growth | 25-02-2009 | 24.88 | 9.42 | 25.59 | 20.17 | 17.97 |
| JM Tax Gain Fund (Regular) - Growth option | 31-03-2008 | 24.84 | 9.06 | 25.96 | 17.04 | 18.27 |
| HDFC Taxsaver - Growth Plan | 05-03-1996 | 24.63 | 14.57 | 28.01 | 13.54 | 15.76 |
| Franklin India Taxshield-Growth | 05-04-1999 | 24.25 | 11.2 | 28.65 | 14.23 | 16.47 |
| BANDHAN Tax Advantage (ELSS) Fund - Regular Plan - Growth | 26-12-2008 | 24.23 | 12.4 | 30.67 | 17.3 | 18.63 |
| ITI Long Term Equity Fund - Regular Plan - Growth Option | 18-10-2019 | 23.71 | 5.13 | 18.9 | - | - |
| Taurus Taxshield - Regular Plan - Growth | 31-03-1996 | 23.41 | 9.51 | 20.28 | 12.35 | 14.89 |
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
11.04%
Others
1.88%
Large Cap
66.98%
Mid Cap
20.1%
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
