UTI - Long Term Equity Fund (Tax Saving) - Regular Plan - Growth Option

ELSS NAV 159.5861 0 27 September, 2023

Fund Details

Category ELSS
Fund Type Open Ended
Investment Plan Growth
Launch Date 01 August, 2005
Benchmark S&P BSE 200 TRI
Asset Size(Cr) 2883.2424
Turn over 23%
Min Investment ₹ 500
Min SIP Investment ₹ 500
Min Addl Investment ₹ 500
Exit Load Nil
Expense Ratio 1.92
Fund Manager Vishal Chopda
Fund House UTI Mutual Fund

Investment Returns (As on 27 Sep, 2023)

Duration Returns Benchmark Category
1 W 1.84% 1.58% 1.68%
1 M 3.3% 4.02% 3.64%
3 M 0.48% 1.44% 1.64%
6 M -4.42% 0.35% -0.87%
1 Y 1.72% 7.25% 5.63%
2 Y 8.43% 12.49% 11.19%
3 Y 21.93% 23.79% 23.4%
5 Y 9.82% 12.46% 9.95%

Risk Mesasures (As on 27 Sep, 2023)

Std Dev Sharpe Beta Alpha
Fund 14.82 1.14 -1.74 0.93
Benchmark 0 0 0 0
Returns Compare with Others
  • 1Y
  • 3Y
  • 5Y

Portfolio (As on 30 Jun, 2023)

Assets Allocation

Sector Holdings
Others 1.93%

Return Calculator

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Disclaimer: Above returns are calculated on the basis of historical NAV movement for the selected period. However, historical performance does not guarantee future returns. Investors must take investment decisions based on his/her own requirements.

Peer Comparison

Fund Name 1 Yr Rtn. 3 Yr Rtn. 5 Yr Rtn.
UTI - Long Term Equity Fund (Tax Saving) - Regular Plan - Growth Option 1.72% 21.93% 9.82%
Mirae Asset Tax Saver Fund-Regular Plan-Growth 4.15% 25.78% 13.78%
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth 4.36% 23.85% 10.74%
Axis Long Term Equity Fund - Regular Plan - Growth -3.59% 14.95% 8.43%
Aditya Birla Sun Life Tax Relief 96 - Growth Option -0.2% 12.35% 4.49%

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UTI Long Term Equity Fund: A Route To Financial Steadiness

Financial stability is an essential part of everyone’s life, and we can also achieve it by saving taxes by investing in the top performing ELSS funds. Amongst this category, UTI Mutual Fund, one of the oldest mutual fund houses of India is also offering its plan, i.e., UTI Long Term Equity Fund (Tax Saving) Plan. The fund has been offering a tax deduction to investors up to Rs 1.50 Lakh under Section 80C of the Income Tax Act, 1961. So, let’s take a review on the performance and traits of the fund to avail maximum knowledge of the same which will help you to decide whether it is suitable for you or not.

UTI Long Term Equity Fund (G): Basic Details

Amongst one of the oldest mutual fund plans in Equity Linked Savings Scheme category, UTI Long Term Equity Fund (G) was launched in the year 1999 and has provided returns of 14.23% since then. Being an ELSS Plan, it is an open-ended scheme, which primarily invests in equity and equity-related securities with a statutory lock-in period of 3 years. The AUM of the fund is Rs 1,055 Cr as on Nov 30, 2018, with an expense ratio of 2.51%.

Investors who are planning to invest in it for financial steadiness should go through SIP mode of investment. You can also use the SIP return calculator to know how much amount you need to invest to reach your goals. The tax calculator developed by MySIPonline is for users who could not determine the amount of tax they need to pay after deductions, you may also use that to know the amount of your income tax.

UTI Long Term Equity Fund Growth: Asset Allocation

The fund is allocating most of its assets in equities, keeping 2% in cash and money market securities. Currently, the portfolio of UTI Long Term Equity Fund (Tax Saving) Plan consists stocks of 59 companies. It is investing 43% in giant companies, 14% in large-cap, 37% in mid-cap, and 6% in small-cap companies.

The fund is highly benchmarked agnostic on the basis of the sector, where it selects the companies on the basis of growth which are quoted at fair prices. UTI Long Term Tax Saving Equity Plan is investing mainly in defensive and cyclical sectors majorly including finance, technology, FMCG, and energy industries. This helps the fund to provide consistent returns to investors and high returns in the long run.

Henceforth, it can be concluded from all the details provided above on UTI Long Term Equity Fund (Tax Saving) Scheme- Growth Plan, that it can offer expected returns to investors if they stay invested in it for a long-term. Investors can also ask for assistance by giving a call to the experts of MySIPonline. For comparing the fund with other ELSS category mutual funds, check out the Top 5 Tax Saving Mutual Funds

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