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Your research tool is good but the UTI Mahila Unit Scheme returns are not showing correctly

I found that your research tool are very useful. But while Research I am comparing FD vs Debt Fund Returns and noticed that there is something wrong with it. I am comparing UTI Mahila Unit scheme with 10 years FD. Screen shot attached, it shows that in Mahila Unit 50000 invested on 25/05/2006 Became 60498 in 10 years on 25/05/2016. But actual Fund value as on 25/05/2016 is 120996 (In investor’s SOA). Please check it I think you had not considered Bonus declared on 01/04/2010. Please check and reply me whether I am correct or not?

Jun 29, 2016 by Anupam Jain, Mumbai  |   Mutual Fund

At the outset, thanks for the kind words. We are very glad that you like our Research Section.

We also thank you for pointing out the error. Yes, you are absolutely right – the bonus unit received were not taken into account and thus there was this error. We have now corrected it and the amounts are matching exactly with the amount on the SOA sent by UTI Mutual Fund. Please check this https://goo.gl/YdoS5A

Feedbacks like this will help us make our Research section more robust. Do explore the section and continue to send us your feedbacks and suggestions.

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