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Earn by Investing in High Growth Companies via UTI Mid Cap Fund

UTI Midcap Fund, an open-ended scheme was launched on April 07th, 2004 by UTI Mutual Fund with an investment objective to help its investors earn long-term capital appreciation by investing predominantly in the stocks of mid-cap companies.

Features

  • UTI Midcap G invests predominantly in equity and equity related instruments of mid-cap companies.
  • It uses a bottom-up approach to select such companies for investment which are going through a weak phase but are bound to do well in future due to their strong work style and strategies.
  • It keeps a well-diverse portfolio to maintain stable returns.
  • The fund would invest in an investment idea through many stocks to shield it from market volatility.
  • It uses the top-down approach as well.

Who Should Invest?

  • Investment in UTI Mid Cap involves moderately high risk on principal amount so any investor who can digest this kind of risk may invest in this scheme.
  • Investors who wish to invest indirectly in mid-cap stocks may park his money in it.
  • This scheme is ideal for investors who are looking forward to investing for the period of five years and above.

Fund Manager

This fund is managed by Mr. Lalit Gopalan Nambiar since January 2016 who has done B.Com. Honors, MMS, and CFA. Before joining UTI Asset Management Company, he has worked with companies such as SBI Capital Markets Ltd., UTI Sec. Ltd., and IIT Investrust Ltd. Apart from this scheme, he has been managing many another scheme by this AMC such as UTI India Lifestyle Fund, UTI Long Term Equity Fund, and UTI Long Term Advantage Fund.

Fund Facts

  • UTI Midcap Growth NAV is Rs. 102.7559 as on July 02, 2018, the assets managed under this scheme were Rs. 4087 crores as on May 31st, 2018 and its benchmark is NIFTY Midcap 150.
  • The asset allocation of this fund in equity is 98.29% that can be further bifurcated into giant-cap, large-cap, mid-cap, and small-cap with the investment percentage being 2.15, 14.92, 71.77, and 11.17.
  • The top ten companies in whose stock it has invested majorly are M&M Financial Services (Financial), Exide Industries (Engineering), Escorts (Automobile), Mphasis (Technology), Tata Chemicals (Chemicals), Torrent Power (Energy), NCC (Construction), National Aluminium (Metals), MRF (Automobile), Indraprastha Gas (Energy) with the asset allocation in percentage being 5.51, 4.14, 3.89, 3.54, 3.49, 3.29, 3.24, 3.07, 2.98, and 2.78, respectively.
  • The trailing returns provided by this scheme were 5.30, 8.66, and 25.98, respectively for one, three, and five years as on July 02, 2018. Seeing these returns clears the picture that any investor who invests for long-term is bound to earn much more compared to an investor making a short-term investment.
  • Its standard deviation as on June 30, 2018, was 16.66 and Sharpe ratio was 0.25 which are calculated using calendar month returns for the last three years.
  • The minimum investment amount with which an investor may start investing in this UTI Midcap Fund Growth is Rs. 5000. There is no entry load that an investor has to pay. If he redeems within one year from the date of allotment, then he has to pay 1% as exit load, but if he redeems on or after completion of one year, there is no exit load that he has to incur.

Conclusion

UTI Midcap Fund is for investors who want to gain through investment in mid-cap companies. Every mutual fund investment scheme has some risk involved; therefore, an investor must read the scheme related documents carefully. He should make sure that the scheme suits his portfolio, but if he doesn’t understand, then he should make sure that he consults an experienced and well qualified financial advisor.

Read this article to know about UTI Mid Cap Fund by UTI Mutual Fund.

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