UTUTI MFGrowth

UTI Rajiv Gandhi Equity Saving Scheme - Growth

Large Cap FundEquity - Large Cap FundBenchmark: NIFTY 50
NAV · 21 Mar 2016₹13.39+0.61%
AUM₹28 Cr
Expense Ratio1.89%
CAGR
Exit Load
Min SIP
Launched2013

Investment Objective

The principal investment objective of the scheme is to invest in stocks of companies comprising S&P CNX Nifty and endeavor to achieve return equivalent to Nifty by “passive” investment. The scheme will be managed by replicating the index in the same weightage as in S&P CNX Nifty – Index with the intention of minimising the performance difference between the scheme and the S&P CNX Nifty – Index in capital terms, subject to market liquidity, cost of trading, management expenses and other factors which may cause tracking error. The scheme would alter the scrips /weights as and when the same are altered in the S&P Nifty Index. The fund would be qualified as a investment option targeting investment under Govt. Notified Rajiv Gandhi Equity Saving Scheme, 2012.

Fund Mandate

Equity & Equity related instruments of S&P CNX Nifty95%–100%
MMI0%–5%
Asset Allocation
Domestic Equity99.7%
Cash & Equivalents0.2%
Fund Managers
KB
Kaushik Basu
Fund Manager
Key Information
1.89%
₹5,000
Nil
Inception15 Mar 2013
AMCUTI MF
Top Holdings
1EQ INFOSYS LTD.SOFTWARE8.65%
2EQ HDFC BANK LTD.BANKS7.64%
3EQ HDFC LTD.FINANCE6.68%
4EQ ITC LTD.CONSUMER NON DURABLES6.64%
5EQ RELIANCE INDUSTRIES LTD.PETROLEUM PRODUCTS6.38%
6EQ TATA CONSULTANCY SERVICES LTD.SOFTWARE4.62%
7EQ ICICI BANK LTDBANKS4.41%
8EQ SUN PHARMACEUTICALS INDUSTRIES LTD.PHARMACEUTICALS3.69%
9EQ LARSEN & TOUBRO LTD.CONSTRUCTION PROJECT3.52%
10EQ KOTAK MAHINDRA BANK LTD.BANKS2.58%
Sector Allocation
BANKS20.7%
SOFTWARE15.1%
CONSUMER NON DURABLES9.0%
FINANCE6.7%
PETROLEUM PRODUCTS6.4%
AUTO6.3%
PHARMACEUTICALS5.4%
CONSTRUCTION PROJECT3.5%
TELECOM - SERVICES1.7%
Trailing Returns
PeriodReturns
1 Day+0.61%
Risk Metrics

Risk metrics are not available for this fund.

Fees
1.89%
Nil
₹5,000
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme