Do you want to invest in the mutual funds, but are confused about which fund house to opt? If your answer is yes, then you must check out the funds of UTI Mutual Fund. The fund house is the first mutual fund company in India which has so much experience of the financial market.
India’s most trusted fund houses, UTI MF was established in the year 1987. The fund house was sponsored by State Bank of India, Life Insurance Corporation of India, Bank of Baroda, and Punjab National Bank. It is offering various schemes, but some of the top-performing funds of the uti mutual fund as analyzed by the financial analysts of MySIPonline are discussed as under:
1. UTI Value Opportunities Fund
It is an open-ended fund which invests majorly in the equity and equity-related securities of the large-cap companies. The fund has the current AUM of Rs 4,297 Cr as on April 30, 2018. It follows the benchmark S&P BSE 200.
Currently, the fund is managed by Mr Vetri Subramaniam and Mr Amit Premchandani. The investors who have a high-risk appetite and seeking long-term capital gain should invest in this fund.
The fund has provided the trailing returns of 13.20% in the last five years. The fund has been working well in all market situations and trying to reach its benchmark. It has provided the returns of 2.6% in 2016 and 29.09% in 2017.
2. UTI Transportation & Logistics Fund
It is a sector-oriented fund which majorly invests in the equity and equity-related securities in the companies engaged in transportation & logistics sector. The fund was launched in the year 2008, following the benchmark UTI Transportation & Logistics Fund Indexes.
The fund is currently being managed by Mr Sachin Trivedi. The fund has the AUM of Rs 1,678 Cr as on Apr 30, 2018.
The fund is working magnificently well in the market and beating its benchmark. It has provided the trailing returns of 29.86% in the past five years. Besides, it has provided the annualized returns of 5.72% in the year 2015, 4.79% in 2016, and 39.61% in 2017.
3. UTI Overnight Fund
A short-term gilt fund predominantly invests in the low-risk and high-level liquidity stocks and securities, which have a maturity period of one day. The AUM of the fund is Rs 26 Cr as on April 30, 2018.
The fund is following the benchmark CRISIL CBLO, which is managed by Mr Amandeep Chopra and Mr Amit Sharma.
The fund has shown many fluctuations and is trying hard to meet its benchmark returns. The annualized return of the fund in the year 2015 was 8.09%, 2016 was 8.91%, and 2017 was 5.09%. The trailing returns of the fund for the past five years are 7.84%.
4. UTI Banking & Financial Services Fund
Launched in the year 2004, the fund is investing in the stocks of companies engaging in the business of banking and finances. Current AUM of the fund is Rs 691 Cr as on Apr 30, 2018.
The fund is following the benchmark NIFTY Financial Services and is managed by Mr Amit Premchandani. It is a high-risk fund suitable for the investors seeking long-term capital gain.
The fund has provided the returns of 17.25% from its launch. The fund has provided the trailing returns of 15.42% in the past five years. It is performing consistently well, except for the year 2015. Its annual return was 12.97% in the year 2016 and 43.52% in 2017.
UTI mf has been contributing in the financial and industrial market of India for capital growth from so long. So, you may invest in the above-listed schemes of UTI Mutual Fund online and also connect with our financial experts at MySIPonline to get the more information about the funds and the fund house.