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Fincash » Mutual Funds » Mutual Funds for US/Canada NRIs

Mutual Fund Houses that allow USA/Canada-based NRIs to Invest in India

Updated on March 27, 2023 , 32970 views

NRIs based in the USA and Canada would be able to invest in only some of the Mutual Fund Houses in India. Many AMCs (Asset Management Companies) in India are yet to allow investments from NRIs based in USA or Canada. This is because Foreign Account Tax Compliance Act (FATCA) enacted by the USA. Nevertheless, there are some of the leading AMCs where an NRI can plan to invest the money. Here we will also look at the KYC process for an NRI to invest in Mutual Funds in India, NRE, NRO, FCNR account, along with the Best Performing Mutual Funds to invest for earning good profits.

NRI

AMCs Accepting Investment from Canada/USA NRIs

Since the time FATCA have come into place, many AMCs have stopped accepting investments from NRIs based in the US and Canada as it involved a lot of paperwork and compliance on the part of AMCs.

Foreign Account Tax Compliance Act is obligatory for all financial institutions to share the details of transactions involving US citizens, including Non-Resident Indians (NRIs) with the US Government. This is to make sure that there is no tax evasion by US citizens on Income generated overseas. In the year 2015, India signed the Inter-Governmental Agreement (IGA) with The United State of America for implementing FATCA and improving International Tax Compliance.

Under FATCA, all the financial entities like mutual fund houses, Insurance companies, banks are supposed to furnish their client information to the Government of India that will further be shared with the US/Canadian Government.

However, there are some of the mutual fund houses that accept investments from NRIs bases in US/Canada:

Each of these AMC has a different condition to accept investments from US or Canada based NRIs. Some of the fund houses amongst these accept investments only in paper application forms, whereas a few may accept online application through NSE NMFII or BSE STARMF platform, etc.

NRE, NRO, FCNR Accounts for Investments in India

To invest in Mutual Funds in India one is supposed to open any of the following accounts with an Indian Bank:

NRE Account

This is Non-Resident External (NRE) account which can be in the form of savings, current, fixed or Recurring deposit. You need to deposit the foreign currency in this account. To be able to deposit Indian currency, you must open NRO account. There is no upper limit on the transaction amount in an NRE account.

NRO Account

The NRO or Non-Resident Ordinary account is in the form of savings or current account that is meant for NRIs to manage their income earned in India. In NRO account, foreign currency gets converted into Indian rupees after it gets deposited. An NRO account can be held jointly with another NRI as well as resident Indian (close relatives).

FCNR Account

This stands for Foreign Currency Non-Repatriable account deposits. In this account, NRIs can remit their Earnings in one of the six currencies such as Canadian $, US$, Euro, AU$, Yen, and Pound. Funds can be transferred from other FCNR or NRE accounts. In FCNR, the principal and interest don’t accrue any tax.

Once you open any of these accounts, you need successfully complete your KYC (Know Your Customer), under KYC norms, which is set by SEBI (Securities Exchange Board of India). One can complete their KYC with any of the SEBI-registered intermediates.

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KYC Procedure for NRIs to Invest in Mutual Funds

To successfully complete your KYC procedure, NRIs need to complete certain important steps and furnish documents like:

a. KYC Form

An NRI needs to submit the KYC Form with all the necessary details filled to the SEBI registered intermediate. The documents can be sent by courier/post to the intermediate.

b. Documents

Following are the necessary documents that need to be submitted:

  • Overseas address proof
  • Indian resident address proof
  • A recent photograph
  • Passport copy

In case of NRIs in the Merchant Navy, a mariner’s declaration or certified copy of Continuous Discharge Certificate must be submitted.

c. Attestation

NRIs or PIOs (Person of India Origin) can get the above documents attested by the authorised officials of overseas branches of scheduled commercial banks registered in India, judge, court magistrate, public notaries, or the Indian embassy/consulate general in the country that they are located.

d. In Personal Verification (IPV)

As per SEBI rules, IPV is mandatory for KYC process. The intermediate should conduct the IPV of NRIs/PIOs.

Please note that all the above documents/proofs while submitting should be in the English language.

Best Performing Mutual Funds for US/Canada NRIs

Fund3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2022 (%)Sub Cat.
L&T Emerging Businesses Fund Growth -0.80.3446.111.61 Small Cap
Sundaram Small Cap Fund Growth -3.5-1.90.239.27.8-2.1 Small Cap
L&T Infrastructure Fund Growth 2.358.934.88.23.1 Sectoral
Sundaram Infrastructure Advantage Fund Growth -2.61.44.734.28.42.1 Sectoral
UTI Transportation & Logistics Fund Growth -5.8-5.81233.93.514.7 Sectoral
L&T India Value Fund Growth -2.56.14.133.710.65.2 Value
UTI Mid Cap Fund Growth -6.4-6.5-1.732.710.3-0.8 Mid Cap
UTI Core Equity Fund Growth -4.50.82.532.49.74.6 Large & Mid Cap
BNP Paribas Mid Cap Fund Growth -4.2-1.6-0.630.911.94.7 Mid Cap
UTI Infrastructure Fund Growth -2.739.930.28.78.8 Sectoral
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 Mar 23

*List of funds is based on past 3 Year Returns in decending order.

1. L&T Emerging Businesses Fund

To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities.

L&T Emerging Businesses Fund is a Equity - Small Cap fund was launched on 12 May 14. It is a fund with High risk and has given a CAGR/Annualized return of 18.9% since its launch.  Ranked 2 in Small Cap category.  Return for 2022 was 1% , 2021 was 77.4% and 2020 was 15.5% .

Below is the key information for L&T Emerging Businesses Fund

L&T Emerging Businesses Fund
Growth
Launch Date 12 May 14
NAV (29 Mar 23) ₹46.4346 ↑ 0.79   (1.73 %)
Net Assets (Cr) ₹8,672 on 31 Jan 23
Category Equity - Small Cap
AMC L&T Investment Management Ltd
Rating
Risk High
Expense Ratio 1.87
Sharpe Ratio -0.15
Information Ratio 0.61
Alpha Ratio 3.77
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹8,349
29 Feb 20₹7,845
28 Feb 21₹10,481
28 Feb 22₹15,346
28 Feb 23₹16,795

L&T Emerging Businesses Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for L&T Emerging Businesses Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23

DurationReturns
1 Month -0.9%
3 Month -0.8%
6 Month 0.3%
1 Year 4%
3 Year 46.1%
5 Year 11.6%
10 Year
15 Year
Since launch 18.9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 1%
2021 77.4%
2020 15.5%
2019 -8.1%
2018 -13.7%
2017 66.5%
2016 10.2%
2015 12.3%
2014
2013
Fund Manager information for L&T Emerging Businesses Fund
NameSinceTenure
Venugopal Manghat17 Dec 193.21 Yr.
Vihang Naik17 Dec 193.21 Yr.

Data below for L&T Emerging Businesses Fund as on 31 Jan 23

Equity Sector Allocation
SectorValue
Industrials34.81%
Basic Materials17.04%
Consumer Cyclical15.6%
Financial Services9.15%
Technology7.18%
Real Estate5.69%
Consumer Defensive4.82%
Health Care2.66%
Energy1.27%
Communication Services0.08%
Asset Allocation
Asset ClassValue
Cash1.7%
Equity98.3%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | KPRMILL
3%₹269 Cr5,081,639
RHI Magnesita India Ltd (Industrials)
Equity, Since 31 Aug 18 | RHIM
3%₹235 Cr3,018,479
Indian Bank (Financial Services)
Equity, Since 31 Jan 22 | 532814
3%₹230 Cr7,556,600
Grindwell Norton Ltd (Industrials)
Equity, Since 30 Sep 17 | 506076
3%₹225 Cr1,127,322
Carborundum Universal Ltd (Industrials)
Equity, Since 31 Jul 16 | CARBORUNIV
3%₹219 Cr2,249,700
KEI Industries Ltd (Industrials)
Equity, Since 31 Jan 20 | KEI
2%₹215 Cr1,329,400
JK Lakshmi Cement Ltd (Basic Materials)
Equity, Since 31 Oct 20 | JKLAKSHMI
2%₹209 Cr2,845,600
E I D Parry India Ltd (Consumer Defensive)
Equity, Since 31 Jan 20 | EIDPARRY
2%₹207 Cr3,804,620
Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | APARINDS
2%₹200 Cr1,184,900
Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 30 Nov 17 | RATNAMANI
2%₹195 Cr880,422

2. Sundaram Small Cap Fund

(Erstwhile Sundaram SMILE Fund)

To primarily achieve capital appreciation by investing in diversified stocks that are generally termed as small and mid-caps and by investing in other equities.

Sundaram Small Cap Fund is a Equity - Small Cap fund was launched on 15 Feb 05. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.8% since its launch.  Ranked 19 in Small Cap category.  Return for 2022 was -2.1% , 2021 was 60.3% and 2020 was 26.2% .

Below is the key information for Sundaram Small Cap Fund

Sundaram Small Cap Fund
Growth
Launch Date 15 Feb 05
NAV (29 Mar 23) ₹143.515 ↑ 1.21   (0.85 %)
Net Assets (Cr) ₹1,962 on 28 Feb 23
Category Equity - Small Cap
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.19
Sharpe Ratio 0.07
Information Ratio -0.22
Alpha Ratio 2.91
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹7,229
29 Feb 20₹7,578
28 Feb 21₹9,877
28 Feb 22₹13,246
28 Feb 23₹13,974

Sundaram Small Cap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹367,070.
Net Profit of ₹67,070
Invest Now

Returns for Sundaram Small Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23

DurationReturns
1 Month -1.6%
3 Month -3.5%
6 Month -1.9%
1 Year 0.2%
3 Year 39.2%
5 Year 7.8%
10 Year
15 Year
Since launch 15.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -2.1%
2021 60.3%
2020 26.2%
2019 -6.1%
2018 -29.2%
2017 55.6%
2016 -0.1%
2015 7.8%
2014 108.7%
2013 -5%
Fund Manager information for Sundaram Small Cap Fund
NameSinceTenure
Ravi Gopalakrishnan1 Jan 221.16 Yr.
Rohit Seksaria1 Nov 220.33 Yr.

Data below for Sundaram Small Cap Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Industrials22.22%
Financial Services21.69%
Consumer Cyclical19.46%
Technology8.37%
Health Care6.35%
Basic Materials6.05%
Consumer Defensive3.63%
Communication Services2.39%
Real Estate1.74%
Asset Allocation
Asset ClassValue
Cash6.84%
Equity93.16%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
KSB Ltd (Industrials)
Equity, Since 31 May 14 | KSB
4%₹69 Cr362,000
Can Fin Homes Ltd (Financial Services)
Equity, Since 30 Sep 20 | CANFINHOME
3%₹63 Cr1,087,000
KPIT Technologies Ltd (Technology)
Equity, Since 30 Apr 19 | KPITTECH
3%₹57 Cr690,451
↓ -205,402
Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 31 Mar 22 | RADICO
3%₹55 Cr475,000
Westlife Foodworld Ltd (Consumer Cyclical)
Equity, Since 31 Jul 19 | 505533
3%₹53 Cr824,354
KEI Industries Ltd (Industrials)
Equity, Since 31 Dec 21 | KEI
3%₹53 Cr327,000
Ashok Leyland Ltd (Industrials)
Equity, Since 31 Jan 22 | 500477
3%₹50 Cr3,440,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 21 | SBIN
2%₹42 Cr803,001
Safari Industries (India) Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | 523025
2%₹41 Cr201,924
ICRA Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICRA
2%₹40 Cr90,000

3. L&T Infrastructure Fund

To generate capital appreciation by investing predominantly in equity and equity related instruments of companies in the infrastructure sector.

L&T Infrastructure Fund is a Equity - Sectoral fund was launched on 27 Sep 07. It is a fund with High risk and has given a CAGR/Annualized return of 6.2% since its launch.  Return for 2022 was 3.1% , 2021 was 56.3% and 2020 was 1.6% .

Below is the key information for L&T Infrastructure Fund

L&T Infrastructure Fund
Growth
Launch Date 27 Sep 07
NAV (29 Mar 23) ₹25.4752 ↑ 0.32   (1.29 %)
Net Assets (Cr) ₹1,476 on 31 Jan 23
Category Equity - Sectoral
AMC L&T Investment Management Ltd
Rating Not Rated
Risk High
Expense Ratio 2.22
Sharpe Ratio -0.08
Information Ratio -0.18
Alpha Ratio 0.8
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹8,169
29 Feb 20₹8,103
28 Feb 21₹9,900
28 Feb 22₹12,716
28 Feb 23₹13,870

L&T Infrastructure Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for L&T Infrastructure Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23

DurationReturns
1 Month 1.6%
3 Month 2.3%
6 Month 5%
1 Year 8.9%
3 Year 34.8%
5 Year 8.2%
10 Year
15 Year
Since launch 6.2%
Historical performance (Yearly) on absolute basis
YearReturns
2022 3.1%
2021 56.3%
2020 1.6%
2019 -3.1%
2018 -17.1%
2017 61.1%
2016 8.6%
2015 6.8%
2014 65.5%
2013 -7%
Fund Manager information for L&T Infrastructure Fund
NameSinceTenure
Venugopal Manghat17 Dec 193.21 Yr.
Gautam Bhupal25 Nov 220.26 Yr.

Data below for L&T Infrastructure Fund as on 31 Jan 23

Equity Sector Allocation
SectorValue
Industrials61.82%
Basic Materials13.79%
Energy6.92%
Utility5.25%
Real Estate4.23%
Communication Services3.49%
Consumer Cyclical2%
Technology0.6%
Asset Allocation
Asset ClassValue
Cash1.39%
Equity98.61%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 12 | LT
9%₹140 Cr656,800
↓ -30,000
NTPC Ltd (Utilities)
Equity, Since 31 Jan 22 | 532555
5%₹77 Cr4,524,000
↑ 449,700
Bharat Electronics Ltd (Industrials)
Equity, Since 30 Sep 15 | BEL
4%₹62 Cr6,509,061
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 20 | RELIANCE
4%₹56 Cr236,500
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO
4%₹55 Cr77,900
↑ 21,300
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL
3%₹50 Cr651,500
ABB India Ltd (Industrials)
Equity, Since 30 Jun 19 | ABB
3%₹47 Cr164,900
Aegis Logistics Ltd (Energy)
Equity, Since 31 Aug 16 | 500003
3%₹46 Cr1,218,300
Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 16 | CARBORUNIV
3%₹46 Cr477,200
RHI Magnesita India Ltd (Industrials)
Equity, Since 31 Aug 16 | RHIM
3%₹46 Cr594,640

4. Sundaram Infrastructure Advantage Fund

To generate consistent long-term returns by investing predominantly in equity/equity-related instruments of companies engaged either directly or indirectly in infrastructure- and infrastructure related activities or expected to benefit from the growth and development of infrastructure

Sundaram Infrastructure Advantage Fund is a Equity - Sectoral fund was launched on 29 Sep 05. It is a fund with High risk and has given a CAGR/Annualized return of 9.8% since its launch.  Return for 2022 was 2.1% , 2021 was 49.5% and 2020 was 10.4% .

Below is the key information for Sundaram Infrastructure Advantage Fund

Sundaram Infrastructure Advantage Fund
Growth
Launch Date 29 Sep 05
NAV (29 Mar 23) ₹51.6398 ↑ 0.55   (1.07 %)
Net Assets (Cr) ₹595 on 28 Feb 23
Category Equity - Sectoral
AMC Sundaram Asset Management Company Ltd
Rating Not Rated
Risk High
Expense Ratio 2.56
Sharpe Ratio 0.18
Information Ratio -0.16
Alpha Ratio 1.68
Min Investment 100,000
Min SIP Investment 100
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹8,133
29 Feb 20₹8,462
28 Feb 21₹10,783
28 Feb 22₹13,218
28 Feb 23₹14,180

Sundaram Infrastructure Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for Sundaram Infrastructure Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23

DurationReturns
1 Month -0.1%
3 Month -2.6%
6 Month 1.4%
1 Year 4.7%
3 Year 34.2%
5 Year 8.4%
10 Year
15 Year
Since launch 9.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 2.1%
2021 49.5%
2020 10.4%
2019 2.2%
2018 -21.9%
2017 55.5%
2016 -0.5%
2015 4.8%
2014 57.6%
2013 -15.8%
Fund Manager information for Sundaram Infrastructure Advantage Fund
NameSinceTenure
Ratish Varier23 Jul 202.61 Yr.
Ashish Aggarwal1 Jan 221.16 Yr.

Data below for Sundaram Infrastructure Advantage Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Industrials45.81%
Basic Materials11.03%
Financial Services9.35%
Utility8.77%
Energy7.53%
Communication Services6.12%
Consumer Cyclical4.67%
Real Estate2.77%
Asset Allocation
Asset ClassValue
Cash3.78%
Equity96.22%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 09 | LT
10%₹58 Cr273,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 19 | BHARTIARTL
6%₹36 Cr490,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE
6%₹35 Cr150,246
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | ICICIBANK
6%₹34 Cr403,500
↓ -26,500
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO
5%₹28 Cr39,200
NTPC Ltd (Utilities)
Equity, Since 31 Jan 22 | 532555
4%₹25 Cr1,460,000
↑ 80,000
KSB Ltd (Industrials)
Equity, Since 31 Aug 17 | KSB
3%₹18 Cr93,000
↓ -2,491
State Bank of India (Financial Services)
Equity, Since 28 Feb 22 | SBIN
3%₹18 Cr335,000
↑ 15,000
ABB India Ltd (Industrials)
Equity, Since 30 Jun 22 | ABB
2%₹15 Cr46,200
Grindwell Norton Ltd (Industrials)
Equity, Since 31 Mar 18 | 506076
2%₹15 Cr80,635
↓ -3,135

5. UTI Transportation & Logistics Fund

Investment Objective is “capital appreciation” through investments in stocks of the companies engaged in the transportation and logistics sector.

UTI Transportation & Logistics Fund is a Equity - Sectoral fund was launched on 11 Apr 04. It is a fund with High risk and has given a CAGR/Annualized return of 14.9% since its launch.  Ranked 19 in Sectoral category.  Return for 2022 was 14.7% , 2021 was 24.3% and 2020 was 11% .

Below is the key information for UTI Transportation & Logistics Fund

UTI Transportation & Logistics Fund
Growth
Launch Date 11 Apr 04
NAV (29 Mar 23) ₹140.36 ↑ 2.57   (1.86 %)
Net Assets (Cr) ₹1,908 on 28 Feb 23
Category Equity - Sectoral
AMC UTI Asset Management Company Ltd
Rating
Risk High
Expense Ratio 2.33
Sharpe Ratio 0.56
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹7,605
29 Feb 20₹6,623
28 Feb 21₹9,634
28 Feb 22₹10,511
28 Feb 23₹11,873

UTI Transportation & Logistics Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹331,978.
Net Profit of ₹31,978
Invest Now

Returns for UTI Transportation & Logistics Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23

DurationReturns
1 Month -3.4%
3 Month -5.8%
6 Month -5.8%
1 Year 12%
3 Year 33.9%
5 Year 3.5%
10 Year
15 Year
Since launch 14.9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 14.7%
2021 24.3%
2020 11%
2019 -8.7%
2018 -19.5%
2017 39.6%
2016 4.8%
2015 5.7%
2014 104%
2013 24.7%
Fund Manager information for UTI Transportation & Logistics Fund
NameSinceTenure
Sachin Trivedi22 Sep 166.44 Yr.

Data below for UTI Transportation & Logistics Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Consumer Cyclical76.35%
Industrials16.85%
Financial Services1.49%
Asset Allocation
Asset ClassValue
Cash5.19%
Equity94.69%
Debt0.12%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Apr 04 | M&M
14%₹267 Cr2,102,981
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 04 | MARUTI
14%₹261 Cr302,653
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 30 Apr 04 | TATAMOTORS
10%₹184 Cr4,361,951
Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 30 Nov 08 | EICHERMOT
9%₹177 Cr570,420
Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 30 Apr 18 | 532977
6%₹117 Cr319,911
Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 May 13 | ADANIPORTS
5%₹98 Cr1,652,915
Ashok Leyland Ltd (Industrials)
Equity, Since 30 Jun 17 | 500477
4%₹80 Cr5,483,869
Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Mar 12 | HEROMOTOCO
3%₹64 Cr262,963
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 19 | 532343
3%₹57 Cr523,301
InterGlobe Aviation Ltd (Industrials)
Equity, Since 31 May 18 | INDIGO
3%₹51 Cr274,120
↑ 18,648

6. L&T India Value Fund

To generate long-term capital appreciation from diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. The Scheme could also additionally invest in Foreign Securities in international markets.

L&T India Value Fund is a Equity - Value fund was launched on 8 Jan 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.5% since its launch.  Ranked 4 in Value category.  Return for 2022 was 5.2% , 2021 was 40.3% and 2020 was 14.6% .

Below is the key information for L&T India Value Fund

L&T India Value Fund
Growth
Launch Date 8 Jan 10
NAV (29 Mar 23) ₹59.5457 ↑ 0.65   (1.11 %)
Net Assets (Cr) ₹7,782 on 28 Feb 23
Category Equity - Value
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 1.85
Sharpe Ratio 0.2
Information Ratio 0.46
Alpha Ratio 4.63
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹8,797
29 Feb 20₹9,122
28 Feb 21₹11,862
28 Feb 22₹14,651
28 Feb 23₹15,757

L&T India Value Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for L&T India Value Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23

DurationReturns
1 Month -0.1%
3 Month -2.5%
6 Month 6.1%
1 Year 4.1%
3 Year 33.7%
5 Year 10.6%
10 Year
15 Year
Since launch 14.5%
Historical performance (Yearly) on absolute basis
YearReturns
2022 5.2%
2021 40.3%
2020 14.6%
2019 4.6%
2018 -11.4%
2017 41.3%
2016 8.1%
2015 12.9%
2014 74.1%
2013 6.6%
Fund Manager information for L&T India Value Fund
NameSinceTenure
Venugopal Manghat24 Nov 1210.27 Yr.
Vihang Naik17 Dec 193.21 Yr.

Data below for L&T India Value Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services27.76%
Basic Materials15.22%
Industrials12.6%
Consumer Cyclical9.96%
Technology9.46%
Consumer Defensive6.92%
Health Care5.37%
Utility4.57%
Real Estate2.76%
Energy2.58%
Communication Services2.24%
Asset Allocation
Asset ClassValue
Cash0.56%
Equity99.44%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK
7%₹554 Cr6,475,000
NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 532555
5%₹356 Cr20,864,600
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
4%₹301 Cr5,766,900
Infosys Ltd (Technology)
Equity, Since 31 Dec 10 | INFY
4%₹299 Cr2,010,000
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Mar 17 | SUNPHARMA
4%₹289 Cr3,023,400
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | HDFCBANK
4%₹284 Cr1,777,300
The Federal Bank Ltd (Financial Services)
Equity, Since 31 Oct 20 | FEDERALBNK
4%₹277 Cr21,478,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 15 | ITC
3%₹257 Cr6,827,170
↓ -568,130
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M
3%₹226 Cr1,778,800
Jindal Stainless Ltd (Basic Materials)
Equity, Since 31 Jul 21 | JSL
3%₹215 Cr8,064,100

7. UTI Mid Cap Fund

Investment objective is "capital appreciation" by investing primarily in mid cap stocks.

UTI Mid Cap Fund is a Equity - Mid Cap fund was launched on 7 Apr 04. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 16.9% since its launch.  Ranked 36 in Mid Cap category.  Return for 2022 was -0.8% , 2021 was 43.1% and 2020 was 32.7% .

Below is the key information for UTI Mid Cap Fund

UTI Mid Cap Fund
Growth
Launch Date 7 Apr 04
NAV (29 Mar 23) ₹176.094 ↑ 2.35   (1.35 %)
Net Assets (Cr) ₹7,078 on 28 Feb 23
Category Equity - Mid Cap
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.06
Sharpe Ratio -0.06
Information Ratio -0.31
Alpha Ratio -4.23
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹8,342
29 Feb 20₹9,048
28 Feb 21₹12,765
28 Feb 22₹15,646
28 Feb 23₹16,194

UTI Mid Cap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for UTI Mid Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23

DurationReturns
1 Month -3.7%
3 Month -6.4%
6 Month -6.5%
1 Year -1.7%
3 Year 32.7%
5 Year 10.3%
10 Year
15 Year
Since launch 16.9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -0.8%
2021 43.1%
2020 32.7%
2019 -0.2%
2018 -14.9%
2017 42%
2016 3.5%
2015 6.6%
2014 90.4%
2013 9.7%
Fund Manager information for UTI Mid Cap Fund
NameSinceTenure
Ankit Agarwal30 Aug 193.5 Yr.

Data below for UTI Mid Cap Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Consumer Cyclical26.93%
Industrials19.18%
Financial Services17.62%
Basic Materials10.37%
Health Care8.62%
Technology7.21%
Real Estate2.9%
Utility2.06%
Consumer Defensive1.27%
Asset Allocation
Asset ClassValue
Cash3.69%
Equity96.15%
Debt0.16%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Mar 12 | CHOLAFIN
3%₹237 Cr3,137,175
Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 30 Sep 17 | TIINDIA
3%₹229 Cr827,010
↓ -190,933
The Federal Bank Ltd (Financial Services)
Equity, Since 30 Nov 10 | FEDERALBNK
3%₹198 Cr15,364,700
Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | SCHAEFFLER
2%₹164 Cr549,432
APL Apollo Tubes Ltd (Basic Materials)
Equity, Since 30 Nov 20 | APLAPOLLO
2%₹159 Cr1,334,836
PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 17 | PIIND
2%₹156 Cr502,502
Bharat Forge Ltd (Consumer Cyclical)
Equity, Since 31 Aug 13 | 500493
2%₹153 Cr1,878,064
Shriram Finance Ltd (Financial Services)
Equity, Since 30 Apr 21 | SHRIRAMFIN
2%₹153 Cr1,272,502
Polycab India Ltd (Industrials)
Equity, Since 31 Dec 20 | POLYCAB
2%₹148 Cr479,233
Mphasis Ltd (Technology)
Equity, Since 31 Mar 15 | 526299
2%₹147 Cr723,585
↑ 15,000

8. UTI Core Equity Fund

(Erstwhile UTI Top 100 Fund)

The fund aims to provide long term capital appreciation/dividend distribution by investing predominantly in equity and equity related instruments of top 100 stocks by market capitalisation. There can be no assurance that the investment objectives of the scheme will be realised.

UTI Core Equity Fund is a Equity - Large & Mid Cap fund was launched on 20 May 09. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.5% since its launch.  Ranked 29 in Large & Mid Cap category.  Return for 2022 was 4.6% , 2021 was 40.8% and 2020 was 12.8% .

Below is the key information for UTI Core Equity Fund

UTI Core Equity Fund
Growth
Launch Date 20 May 09
NAV (29 Mar 23) ₹97.8136 ↑ 1.06   (1.10 %)
Net Assets (Cr) ₹1,506 on 28 Feb 23
Category Equity - Large & Mid Cap
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.53
Sharpe Ratio 0.16
Information Ratio 0.08
Alpha Ratio 1.6
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,089
29 Feb 20₹8,931
28 Feb 21₹12,176
28 Feb 22₹14,451
28 Feb 23₹15,440

UTI Core Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for UTI Core Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23

DurationReturns
1 Month -1.4%
3 Month -4.5%
6 Month 0.8%
1 Year 2.5%
3 Year 32.4%
5 Year 9.7%
10 Year
15 Year
Since launch 11.5%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.6%
2021 40.8%
2020 12.8%
2019 1.5%
2018 -7.9%
2017 35.2%
2016 3.4%
2015 0.5%
2014 41.7%
2013 6.3%
Fund Manager information for UTI Core Equity Fund
NameSinceTenure
V Srivatsa17 May 175.79 Yr.

Data below for UTI Core Equity Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services29.1%
Technology11.77%
Health Care11.23%
Consumer Cyclical11.22%
Industrials8.72%
Basic Materials6.9%
Consumer Defensive5.34%
Real Estate4.65%
Energy2.76%
Utility2.55%
Communication Services2.22%
Asset Allocation
Asset ClassValue
Cash3.41%
Equity96.47%
Debt0.12%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | HDFCBANK
6%₹87 Cr546,486
↑ 16,250
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 06 | ICICIBANK
4%₹63 Cr739,318
↑ 18,503
Infosys Ltd (Technology)
Equity, Since 28 Feb 06 | INFY
4%₹60 Cr404,635
↑ 5,089
ITC Ltd (Consumer Defensive)
Equity, Since 31 Dec 08 | ITC
3%₹50 Cr1,336,291
↓ -83,293
The Federal Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | FEDERALBNK
3%₹46 Cr3,544,779
↑ 63,452
State Bank of India (Financial Services)
Equity, Since 31 Jul 18 | SBIN
3%₹43 Cr828,545
HCL Technologies Ltd (Technology)
Equity, Since 31 May 21 | HCLTECH
3%₹43 Cr397,393
Fortis Healthcare Ltd (Healthcare)
Equity, Since 31 Dec 20 | 532843
3%₹42 Cr1,586,120
↑ 27,891
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 14 | LT
3%₹40 Cr187,289
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 18 | HDFC
3%₹38 Cr147,130
↑ 2,693

9. BNP Paribas Mid Cap Fund

The Investment objective of the scheme is to seek to generate long-term capital appreciation by investing primarily in companies with high growth opportunities in the middle and small capitalization segment, defi ned as ‘Future Leaders’. The fund will emphasize on companies that appear to offer opportunities for long-term growth and will be inclined towards companies that are driven by dynamic style of management and entrepreneurial fl air. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.

BNP Paribas Mid Cap Fund is a Equity - Mid Cap fund was launched on 2 May 06. It is a fund with High risk and has given a CAGR/Annualized return of 10.9% since its launch.  Ranked 18 in Mid Cap category.  Return for 2022 was 4.7% , 2021 was 41.5% and 2020 was 23.1% .

Below is the key information for BNP Paribas Mid Cap Fund

BNP Paribas Mid Cap Fund
Growth
Launch Date 2 May 06
NAV (29 Mar 23) ₹57.1881 ↑ 0.90   (1.60 %)
Net Assets (Cr) ₹1,192 on 28 Feb 23
Category Equity - Mid Cap
AMC BNP Paribas Asset Mgmt India Pvt. Ltd
Rating
Risk High
Expense Ratio 2.22
Sharpe Ratio -0.05
Information Ratio -0.52
Alpha Ratio -3.96
Min Investment 5,000
Min SIP Investment 300
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹8,529
29 Feb 20₹9,765
28 Feb 21₹13,249
28 Feb 22₹16,137
28 Feb 23₹16,736

BNP Paribas Mid Cap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for BNP Paribas Mid Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23

DurationReturns
1 Month -1.2%
3 Month -4.2%
6 Month -1.6%
1 Year -0.6%
3 Year 30.9%
5 Year 11.9%
10 Year
15 Year
Since launch 10.9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.7%
2021 41.5%
2020 23.1%
2019 5.2%
2018 -17.5%
2017 49%
2016 -1.2%
2015 15.3%
2014 65.6%
2013 9.5%
Fund Manager information for BNP Paribas Mid Cap Fund
NameSinceTenure
Shiv Chanani13 Jul 220.63 Yr.
Miten Vora1 Dec 220.25 Yr.

Data below for BNP Paribas Mid Cap Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services23.2%
Consumer Cyclical17.39%
Industrials15.08%
Basic Materials10.69%
Health Care7.87%
Technology6.67%
Utility4.49%
Energy3.67%
Consumer Defensive3.07%
Communication Services1.15%
Real Estate1.04%
Asset Allocation
Asset ClassValue
Cash5.67%
Equity94.33%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jan 19 | 500251
4%₹51 Cr400,000
The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jul 16 | FEDERALBNK
4%₹42 Cr3,250,000
Indian Bank (Financial Services)
Equity, Since 30 Jun 21 | 532814
3%₹41 Cr1,600,000
TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | 532343
3%₹33 Cr310,000
Coforge Ltd (Technology)
Equity, Since 30 Apr 22 | COFORGE
3%₹30 Cr70,000
NTPC Ltd (Utilities)
Equity, Since 30 Jun 22 | 532555
2%₹29 Cr1,695,000
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Dec 21 | CHOLAFIN
2%₹28 Cr372,500
Canara Bank (Financial Services)
Equity, Since 30 Sep 22 | 532483
2%₹28 Cr1,000,000
Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Oct 21 | 500850
2%₹27 Cr870,000
Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 22 | SCHAEFFLER
2%₹27 Cr90,000

10. UTI Infrastructure Fund

The investment objective of the Scheme is to provide income distribution and / or medium to long term "capital appreciation" by investing predominantly in equity / equity related instruments in the companies engaged either directly or indirectly in the infrastructure growth of the Indian economy. However, there is no assurance that the investment objective of the scheme will be achieved.

UTI Infrastructure Fund is a Equity - Sectoral fund was launched on 7 Apr 04. It is a fund with High risk and has given a CAGR/Annualized return of 12.2% since its launch.  Ranked 28 in Sectoral category.  Return for 2022 was 8.8% , 2021 was 39.4% and 2020 was 3.4% .

Below is the key information for UTI Infrastructure Fund

UTI Infrastructure Fund
Growth
Launch Date 7 Apr 04
NAV (29 Mar 23) ₹81.5539 ↑ 0.78   (0.96 %)
Net Assets (Cr) ₹1,446 on 28 Feb 23
Category Equity - Sectoral
AMC UTI Asset Management Company Ltd
Rating
Risk High
Expense Ratio 2.32
Sharpe Ratio 0.29
Information Ratio -0.42
Alpha Ratio 3.51
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹8,496
29 Feb 20₹9,151
28 Feb 21₹11,492
28 Feb 22₹13,188
28 Feb 23₹14,392

UTI Infrastructure Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for UTI Infrastructure Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23

DurationReturns
1 Month 0.2%
3 Month -2.7%
6 Month 3%
1 Year 9.9%
3 Year 30.2%
5 Year 8.7%
10 Year
15 Year
Since launch 12.2%
Historical performance (Yearly) on absolute basis
YearReturns
2022 8.8%
2021 39.4%
2020 3.4%
2019 6.7%
2018 -15.6%
2017 41.4%
2016 4%
2015 -5.5%
2014 60.1%
2013 -11.5%
Fund Manager information for UTI Infrastructure Fund
NameSinceTenure
Sachin Trivedi1 Sep 211.5 Yr.

Data below for UTI Infrastructure Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Industrials39.46%
Utility14.02%
Communication Services9.27%
Basic Materials8.9%
Financial Services8.89%
Energy7.97%
Consumer Cyclical3.46%
Real Estate3.28%
Asset Allocation
Asset ClassValue
Cash4.6%
Equity95.25%
Debt0.16%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 05 | LT
10%₹144 Cr681,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL
9%₹129 Cr1,737,500
NTPC Ltd (Utilities)
Equity, Since 31 Dec 18 | 532555
6%₹86 Cr5,058,744
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 12 | ULTRACEMCO
6%₹86 Cr118,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 22 | RELIANCE
5%₹70 Cr300,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | ICICIBANK
4%₹63 Cr735,552
↓ -85,592
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 11 | 532215
3%₹49 Cr581,655
↓ -42,696
Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 May 13 | ADANIPORTS
3%₹47 Cr795,000
Gujarat Gas Ltd (Utilities)
Equity, Since 29 Feb 16 | GUJGASLTD
3%₹44 Cr878,821
↑ 100,000
Shree Cement Ltd (Basic Materials)
Equity, Since 31 May 04 | 500387
3%₹43 Cr16,504

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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