3 Year return

10.07%
Launched on January 2013 (11 years)

Investment Details

₹500

Minimum SIP Amount

₹500

Minimum one time investment

Fund has no lock-in period

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Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹300.38 Cr.

Expense Ratio

1.24% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
4

Ratings by other agencies

5
2
3

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

UTI Mutual Fund Managers

AC

Amandeep Chopra

Fund Manager since Sep 2014

View Details

Fund House Details

UTI Mutual Fund

UTI Mutual Fund Asset management company

AUM ₹290,993.03 Cr.
No. of Schemes 250
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by UTI Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
18.81%
scheme logo

Hybrid . Aggressive Hybrid Fund

UTI Aggressive Hybrid Fund Direct Plan Growth

18.81%
6.32%

About UTI Bond Fund Growth Direct

UTI Bond Fund Growth Direct is managed by UTI Mutual Fund as a Debt Mutual Fund Scheme. This scheme is strategically designed to harness opportunities in a declining interest rate scenario through active management of its duration. The fund endeavours to achieve attractive returns primarily by investing in longer maturity government securities. By incorporating investments in lower duration corporate bonds, the fund not only offers a potential cushion against market fluctuations but also strives to provide relatively higher yields.

Investment Objective of the Scheme

The core investment objective of UTI Bond Fund Growth Direct is to achieve optimal returns while maintaining sufficient liquidity. This is pursued by investing in a diversified portfolio of debt and money market instruments, where the Macaulay duration of the portfolio is aimed to be maintained between 4 years and 7 years. By focusing on a specific duration range, the scheme aims to balance yield potential with interest rate risk.

Key Features of The Fund

5-year return 6.96%
Expense Ratio 1.24%
Fund Manager Amandeep Chopra
Fund Size ₹300.38 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

Investors with an inclination to benefit from a declining interest rate scenario may find UTI Bond Fund Growth Direct appealing. Its strategic approach to active duration management and emphasis on longer maturity government securities could potentially align with their investment objectives. Moreover, individuals aiming to build a robust long-term debt portfolio might consider this scheme as a viable option to meet their financial aspirations. However, it's crucial to note that the longer-term horizon and the potential for volatility in the longer end of the yield curve require a patient approach. Investors willing to commit for a period exceeding 3 years could better navigate the scheme's fluctuations and potentially reap the rewards it offers.

AMC Contact Details

Name UTI Mutual Fund
Launch Date January 2003
Addresss First Floor, Unit No. 2, Block ‘B’, JVPD Scheme, Gulmohar Cross Road No. 9, Andheri (West), Mumbai – 400049.
Contact 1800 266 1230(+91) 022 6227 8000022 – 68990800
Email service@uti.co.in
Website https://www.utimf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Plan Your Investments Efficiently

SIPs can help you invest with minimum contributions over a period of time. With Angel One's free SIP calculator online, you can set your end goal and determine the required contribution amount. Check how over time, with small contributions, you can build up enough to achieve your financial goals.

FAQs

What is today's NAV of UTI Medium To Long Duration Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of UTI Medium To Long Duration Fund Jun 18 2024 is 73.1733

What is the AUM of UTI Medium To Long Duration Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of UTI Medium To Long Duration Fund is 300.38 crore.

What is the expense ratio of UTI Medium To Long Duration Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of UTI Medium To Long Duration Fund is 1.24%

What are the returns of UTI Medium To Long Duration Fund since inception?

The UTI Medium To Long Duration Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 6.86 since inception.

What is the minimum SIP amount to invest in UTI Medium To Long Duration Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for UTI Medium To Long Duration Fund is 500.

How do I invest in UTI Medium To Long Duration Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in UTI Medium To Long Duration Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in UTI Medium To Long Duration Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in UTI Medium To Long Duration Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.