Mutual Fund- 

UTI Long term equity Fund

By Rajendra

Oct  12, 2022

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Scheme Analysis

80C -Tax Saving Scheme

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UTI Long Term Equity Fund

Category 

ELSS

Inception

Dec 15, 1999

Benchmark

Nifty 500

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AUM  - 2,932 Cr

Fund Manager

Vishal Chopda

Equity Linked Savings Scheme which provides tax deduction up to the limits specified u/s 80C of the Income Tax Act

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Top 5 Holding

ICICI Bank

HDFC Bank

Infosys

Axis Bank

Bharti Airtel

8.37

7.42

6.04

3.83

3.74

Total :-  29.40

Fund attempts to invest in businesses having healthy return ratios, cash flows and sound management

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Financial Services

Information Technology

Automobile

Top 5 Sector

29.93

9.89

9.06

8.01

7.90

Consumer Service

FMCG

Shorter lock-in period of 3 years as compared to other traditional tax saving investment

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Scheme Performance

Exit Load

upto 1 year- 1%

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As on 30 Aug. 2022

1 Year

3 Year

5 Year

Period

Returns

-2.18%

18.42%

12.32%

Ideal for investment with a time horizon of preferably, 5 years or above

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