UTI Equity Fund

The UTI Equity Fund is a large cap equity mutual fund that has a diversified portfolio across sectors. The fund aims to offer long term capital appreciation through equity based investments and has been operational since 1992. UTI Asset Management Company is a public sector entity and is the oldest mutual fund house in the country.

Type of fund

This is an open ended large cap equity mutual fund.

Investment objective

The objective here is to generate long term capital appreciation through investments primarily in large cap companies and with sufficient diversification of portfolio to mitigate risks. The portfolio consists predominantly of investments in equity instruments of high growth companies.

Fund information

Inception date 18/05/2009
CRISIL rank Rank 2 in Large Cap
  • Direct Plan – Growth Option
  • Direct Plan – Dividend Option
  • Growth Option
  • Dividend Option
Entry load 0%
Exit load 1% if redeemed within 1 year
Minimum investment
  • Rs.5,000 for new investors and Rs.1,000 subsequent minimum investment thereafter.
  • Multiples of Re.1 with no upper ceiling after minimum investment criteria is met.
SIP Available.
Product label – Risk and target investors Moderately High risk. Meant for long term investors looking at capital appreciation through diversified large cap investments. Large cap diversified mutual funds with conservative outlook is suitable for all types of equity investors.
Benchmark S&P BSE 100. This index was compiled in 1989 and uses the same methodology of computation of free-float index and determination of free-float factors as the more commonly known BSE Sensex Index.
SWP Yes. Minimum withdrawal amount of Rs.1,000.
STP Available
Redemption Proceeds to be dispatched within 10 days
Taxation (on investment and on redemption) As per applicable sections under the Income Tax Act.

Fund manager(s)

Mr Anoop Bhaskar has over 23 years of experience in the equity research and fund management, of which 19 years have been in asset management companies. He has a B.Com from Delhi University and a PGDM from SIBM Pune. He has previously worked with Sundaram Asset Management, Brisk Financial Services, Templeton Asset Management, Shriram Financial Services and Cross Borders Finance and Project. He has been with UTI AMC in the capacity of Head of Equity since April 2007 and manages 5 other funds from UTI AMC including UTI Mid Cap Fund, UTI Transportation & Logistics Fund and UTI Children’s Career Balanced Fund.

Investment philosophy

The scheme primarily aims to offer capital appreciation to investors through investments in equity shares and convertible and nonconvertible debentures and bonds of companies that have shown good prospects in terms of growth, apart from money market instrument investments.

Portfolio – Sector / Top 10 holdings*

Name Sector Class Allocation (%)
HDFC Bank Ltd Financial Equity 6.40
Infosys Ltd Tech Equity 4.95
Reliance Industries Ltd Energy Equity 3.93
ICICI Bank Ltd Financial Equity 3.91
TCS Ltd Tech Equity 3.87
Shree Cement Ltd Construction Equity 3.19
Maruti Suzuki India Ltd Financial Equity 2.77
Sun Pharma Ltd Pharma Equity 2.54
Axis bank Ltd Financial Equity 2.47
Larsen & Toubro Ltd Diversified Equity 2.16

*As on 31st July 2015

Risk measures

Standard Deviation 14.02%
Sharpe Ratio 1.02
Alpha 6.63%
Beta 0.93


AUM* Rs.4196 crores (Growth)
  • Direct Plan – Dividend Option: Rs.79.550
  • Direct Plan – Growth option: Rs.97.930
  • Dividend Option: Rs.78.870
  • Growth Option: Rs.97.134
Expense Ratio
  • 2.50% on first Rs.100 crores daily net assets
  • 2.25% on next Rs.300 crores
  • 2.00% on next Rs.300 crores
  • 1.75% on remaining daily net assets

*As on 30th June 2015

**As on 4th September 2015

Benchmark comparison*

Compounded Annualised Returns Scheme Returns (%) Benchmark Returns (%)
Returns for last 1 year 19.22 9.32
Returns for last 3 years 22.73 17.04
Returns for last 5 years 15.03 9.09
Returns since inception 12.58 10.30

*As on 30th June 2015

Expert view of the fund

The UTI Equity Fund is a good option for equity investors. The fund has consistently beaten the benchmark returns and performed better than average returns in its category. It is aimed at long term investors who can get over short term volatility. The fund has proved its mettle through different market cycles. The investments are smartly selected with a scattering for small and mid cap investments apart from the large cap investments. You should always have in-depth consultations with your personal financial advisor before making any mutual fund investments.

How to apply

UTI AMC offers both online and offline registration to investors.

  • Online

    Online investors can directly log into the ‘apply online’ portal in the official website of the fund house. Forms and related documents can be filled and submitted online. Alternatively, investors can also download and use the UTI mobile portal to apply for funds. You can register for mobile transactions by registering for ECS/Standing Instructions facility. Alternatively investors can also approach third party dealers for online investments however you are advised to perform background checks before investing in a mutual fund through dealers or distributors.

  • Offline

    You can approach any UTI AMC branch and ask for forms and related documents to be filled and signed. You can also download the respective forms online and submit the filled up details to a relevant branch. Alternatively, you can approach third party dealers for mutual fund investments after exhaustive checks of their credentials.

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