Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
22 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
1,747 Cr. Large within the category
Category View
Positive. The category has a positive investment outlook
Consistency Of Performance
Good. The historical performance of the fund has been good
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Scheme Information
Investment Objective
The funds collected under the scheme shall be invested in equities,fully convertible debentures/ bonds and warrants of companies. Investment may also be made in issues of partly convertible debentures/bonds including those issued on rights basis subject to the condition that,as far as possible,the non-convertible portion of the debentures/bonds so acquired or subscribed shall be disinvested within a period of twelve months from their acquisition.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
UTI Asset Management Co Ltd manages assets worth 146,745 crores and was set up on 3 December 1993. It's current offering of mutual fund schemes includes 59 equity,485 debt and 34 hybrid funds.
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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About UTI Long Term Equity Fund (DR-A)
About UTI Long Term Equity Fund (DR-A)
UTI Long Term Equity Fund (DR-A) is a tax saving equity fund and has delivered an annualised return of 14.3% over a period of 22 years .The fund was previously known as UTI Long Term Equity DR.The fund is managed by UTI Asset Management Co Ltd.The fund managers are Vetri Subramaniam, Vishal Chopda
UTI Long Term Equity Fund (DR-A) Investment Objective
The funds collected under the scheme shall be invested in equities,fully convertible debentures/ bonds and warrants of companies. Investment may also be made in issues of partly convertible debentures/bonds including those issued on rights basis subject to the condition that,as far as possible,the non-convertible portion of the debentures/bonds so acquired or subscribed shall be disinvested within a period of twelve months from their acquisition. However, there is no assurance that the objective of the scheme will be realized.
UTI Long Term Equity Fund (DR-A) NAV,AUM,Risk
The UTI Long Term Equity Fund (DR-A) fund was launched on Nov 15, 1999. The NAV (Net Asset Value) of this tax saving equity as of 2021-04-19 is ₹ 24.0092. The total AUM (Asset Under Management) of the fund as of 2021-04-20 is ₹ 1746.147. The category risk of the UTI Long Term Equity Fund (DR-A) fund is Very High Risk.
The fund charges 2.12 % as expense ratio.
UTI Long Term Equity Fund (DR-A) Holdings
The fund’s highest allocation is towards equity and has invested 97.8% in this asset class. The top three holdings of the fund are hdfc bank ltd,infosys ltd and icici bank ltd
UTI Long Term Equity Fund (DR-A) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.
UTI Long Term Equity Fund (DR-A) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to
UTI Long Term Equity Fund (DR-A) Review
UTI Long Term Equity Fund (DR-A) has a score of 4 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, UTI Long Term Equity Fund (DR-A) has a score of 4 out of 5.
Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.
