Table of Contents
Mutual Fund Houses that allow USA/Canada-based NRIs to Invest in India
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.
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
Fund 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Sub Cat. L&T Emerging Businesses Fund Growth -0.8 0.3 4 46.1 11.6 1 Small Cap Sundaram Small Cap Fund Growth -3.5 -1.9 0.2 39.2 7.8 -2.1 Small Cap L&T Infrastructure Fund Growth 2.3 5 8.9 34.8 8.2 3.1 Sectoral Sundaram Infrastructure Advantage Fund Growth -2.6 1.4 4.7 34.2 8.4 2.1 Sectoral UTI Transportation & Logistics Fund Growth -5.8 -5.8 12 33.9 3.5 14.7 Sectoral L&T India Value Fund Growth -2.5 6.1 4.1 33.7 10.6 5.2 Value UTI Mid Cap Fund Growth -6.4 -6.5 -1.7 32.7 10.3 -0.8 Mid Cap UTI Core Equity Fund Growth -4.5 0.8 2.5 32.4 9.7 4.6 Large & Mid Cap BNP Paribas Mid Cap Fund Growth -4.2 -1.6 -0.6 30.9 11.9 4.7 Mid Cap UTI Infrastructure Fund Growth -2.7 3 9.9 30.2 8.7 8.8 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.
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 Below is the key information for L&T Emerging Businesses Fund Returns up to 1 year are on (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 Below is the key information for Sundaram Small Cap Fund Returns up to 1 year are on 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 Below is the key information for L&T Infrastructure Fund Returns up to 1 year are on 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 Below is the key information for Sundaram Infrastructure Advantage Fund Returns up to 1 year are on 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 Below is the key information for UTI Transportation & Logistics Fund Returns up to 1 year are on 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 Below is the key information for L&T India Value Fund Returns up to 1 year are on 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 Below is the key information for UTI Mid Cap Fund Returns up to 1 year are on (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 Below is the key information for UTI Core Equity Fund Returns up to 1 year are on 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 Below is the key information for BNP Paribas Mid Cap Fund Returns up to 1 year are on 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 Below is the key information for UTI Infrastructure Fund Returns up to 1 year are on 1. L&T Emerging Businesses Fund
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% . 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.
Date Value 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 Returns for L&T Emerging Businesses Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 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
Year Returns 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
Name Since Tenure Venugopal Manghat 17 Dec 19 3.21 Yr. Vihang Naik 17 Dec 19 3.21 Yr. Data below for L&T Emerging Businesses Fund as on 31 Jan 23
Equity Sector Allocation
Sector Value Industrials 34.81% Basic Materials 17.04% Consumer Cyclical 15.6% Financial Services 9.15% Technology 7.18% Real Estate 5.69% Consumer Defensive 4.82% Health Care 2.66% Energy 1.27% Communication Services 0.08% Asset Allocation
Asset Class Value Cash 1.7% Equity 98.3% Top Securities Holdings / Portfolio
Name Holding Value Quantity K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | KPRMILL3% ₹269 Cr 5,081,639 RHI Magnesita India Ltd (Industrials)
Equity, Since 31 Aug 18 | RHIM3% ₹235 Cr 3,018,479 Indian Bank (Financial Services)
Equity, Since 31 Jan 22 | 5328143% ₹230 Cr 7,556,600 Grindwell Norton Ltd (Industrials)
Equity, Since 30 Sep 17 | 5060763% ₹225 Cr 1,127,322 Carborundum Universal Ltd (Industrials)
Equity, Since 31 Jul 16 | CARBORUNIV3% ₹219 Cr 2,249,700 KEI Industries Ltd (Industrials)
Equity, Since 31 Jan 20 | KEI2% ₹215 Cr 1,329,400 JK Lakshmi Cement Ltd (Basic Materials)
Equity, Since 31 Oct 20 | JKLAKSHMI2% ₹209 Cr 2,845,600 E I D Parry India Ltd (Consumer Defensive)
Equity, Since 31 Jan 20 | EIDPARRY2% ₹207 Cr 3,804,620 Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | APARINDS2% ₹200 Cr 1,184,900 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 30 Nov 17 | RATNAMANI2% ₹195 Cr 880,422 2. Sundaram Small Cap Fund
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% . 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.
Date Value 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 Returns for Sundaram Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 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
Year Returns 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
Name Since Tenure Ravi Gopalakrishnan 1 Jan 22 1.16 Yr. Rohit Seksaria 1 Nov 22 0.33 Yr. Data below for Sundaram Small Cap Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Industrials 22.22% Financial Services 21.69% Consumer Cyclical 19.46% Technology 8.37% Health Care 6.35% Basic Materials 6.05% Consumer Defensive 3.63% Communication Services 2.39% Real Estate 1.74% Asset Allocation
Asset Class Value Cash 6.84% Equity 93.16% Top Securities Holdings / Portfolio
Name Holding Value Quantity KSB Ltd (Industrials)
Equity, Since 31 May 14 | KSB4% ₹69 Cr 362,000 Can Fin Homes Ltd (Financial Services)
Equity, Since 30 Sep 20 | CANFINHOME3% ₹63 Cr 1,087,000 KPIT Technologies Ltd (Technology)
Equity, Since 30 Apr 19 | KPITTECH3% ₹57 Cr 690,451
↓ -205,402 Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 31 Mar 22 | RADICO3% ₹55 Cr 475,000 Westlife Foodworld Ltd (Consumer Cyclical)
Equity, Since 31 Jul 19 | 5055333% ₹53 Cr 824,354 KEI Industries Ltd (Industrials)
Equity, Since 31 Dec 21 | KEI3% ₹53 Cr 327,000 Ashok Leyland Ltd (Industrials)
Equity, Since 31 Jan 22 | 5004773% ₹50 Cr 3,440,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 21 | SBIN2% ₹42 Cr 803,001 Safari Industries (India) Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | 5230252% ₹41 Cr 201,924 ICRA Ltd (Financial Services)
Equity, Since 31 Mar 22 | ICRA2% ₹40 Cr 90,000 3. L&T Infrastructure Fund
CAGR/Annualized return of 6.2% since its launch. Return for 2022 was 3.1% , 2021 was 56.3% and 2020 was 1.6% . 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 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.
Date Value 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 Returns for L&T Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 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
Year Returns 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
Name Since Tenure Venugopal Manghat 17 Dec 19 3.21 Yr. Gautam Bhupal 25 Nov 22 0.26 Yr. Data below for L&T Infrastructure Fund as on 31 Jan 23
Equity Sector Allocation
Sector Value Industrials 61.82% Basic Materials 13.79% Energy 6.92% Utility 5.25% Real Estate 4.23% Communication Services 3.49% Consumer Cyclical 2% Technology 0.6% Asset Allocation
Asset Class Value Cash 1.39% Equity 98.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jan 12 | LT9% ₹140 Cr 656,800
↓ -30,000 NTPC Ltd (Utilities)
Equity, Since 31 Jan 22 | 5325555% ₹77 Cr 4,524,000
↑ 449,700 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Sep 15 | BEL4% ₹62 Cr 6,509,061 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 20 | RELIANCE4% ₹56 Cr 236,500 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO4% ₹55 Cr 77,900
↑ 21,300 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL3% ₹50 Cr 651,500 ABB India Ltd (Industrials)
Equity, Since 30 Jun 19 | ABB3% ₹47 Cr 164,900 Aegis Logistics Ltd (Energy)
Equity, Since 31 Aug 16 | 5000033% ₹46 Cr 1,218,300 Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 16 | CARBORUNIV3% ₹46 Cr 477,200 RHI Magnesita India Ltd (Industrials)
Equity, Since 31 Aug 16 | RHIM3% ₹46 Cr 594,640 4. Sundaram Infrastructure Advantage Fund
CAGR/Annualized return of 9.8% since its launch. Return for 2022 was 2.1% , 2021 was 49.5% and 2020 was 10.4% . 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 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.
Date Value 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 Returns for Sundaram Infrastructure Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 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
Year Returns 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
Name Since Tenure Ratish Varier 23 Jul 20 2.61 Yr. Ashish Aggarwal 1 Jan 22 1.16 Yr. Data below for Sundaram Infrastructure Advantage Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Industrials 45.81% Basic Materials 11.03% Financial Services 9.35% Utility 8.77% Energy 7.53% Communication Services 6.12% Consumer Cyclical 4.67% Real Estate 2.77% Asset Allocation
Asset Class Value Cash 3.78% Equity 96.22% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 09 | LT10% ₹58 Cr 273,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 19 | BHARTIARTL6% ₹36 Cr 490,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 18 | RELIANCE6% ₹35 Cr 150,246 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | ICICIBANK6% ₹34 Cr 403,500
↓ -26,500 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Oct 19 | ULTRACEMCO5% ₹28 Cr 39,200 NTPC Ltd (Utilities)
Equity, Since 31 Jan 22 | 5325554% ₹25 Cr 1,460,000
↑ 80,000 KSB Ltd (Industrials)
Equity, Since 31 Aug 17 | KSB3% ₹18 Cr 93,000
↓ -2,491 State Bank of India (Financial Services)
Equity, Since 28 Feb 22 | SBIN3% ₹18 Cr 335,000
↑ 15,000 ABB India Ltd (Industrials)
Equity, Since 30 Jun 22 | ABB2% ₹15 Cr 46,200 Grindwell Norton Ltd (Industrials)
Equity, Since 31 Mar 18 | 5060762% ₹15 Cr 80,635
↓ -3,135 5. UTI Transportation & Logistics Fund
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% . 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.
Date Value 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 Returns for UTI Transportation & Logistics Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 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
Year Returns 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
Name Since Tenure Sachin Trivedi 22 Sep 16 6.44 Yr. Data below for UTI Transportation & Logistics Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Consumer Cyclical 76.35% Industrials 16.85% Financial Services 1.49% Asset Allocation
Asset Class Value Cash 5.19% Equity 94.69% Debt 0.12% Top Securities Holdings / Portfolio
Name Holding Value Quantity Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Apr 04 | M&M14% ₹267 Cr 2,102,981 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Apr 04 | MARUTI14% ₹261 Cr 302,653 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 30 Apr 04 | TATAMOTORS10% ₹184 Cr 4,361,951 Eicher Motors Ltd (Consumer Cyclical)
Equity, Since 30 Nov 08 | EICHERMOT9% ₹177 Cr 570,420 Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 30 Apr 18 | 5329776% ₹117 Cr 319,911 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 May 13 | ADANIPORTS5% ₹98 Cr 1,652,915 Ashok Leyland Ltd (Industrials)
Equity, Since 30 Jun 17 | 5004774% ₹80 Cr 5,483,869 Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Mar 12 | HEROMOTOCO3% ₹64 Cr 262,963 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 19 | 5323433% ₹57 Cr 523,301 InterGlobe Aviation Ltd (Industrials)
Equity, Since 31 May 18 | INDIGO3% ₹51 Cr 274,120
↑ 18,648 6. L&T India Value Fund
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% . 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.
Date Value 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 Returns for L&T India Value Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 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
Year Returns 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
Name Since Tenure Venugopal Manghat 24 Nov 12 10.27 Yr. Vihang Naik 17 Dec 19 3.21 Yr. Data below for L&T India Value Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Financial Services 27.76% Basic Materials 15.22% Industrials 12.6% Consumer Cyclical 9.96% Technology 9.46% Consumer Defensive 6.92% Health Care 5.37% Utility 4.57% Real Estate 2.76% Energy 2.58% Communication Services 2.24% Asset Allocation
Asset Class Value Cash 0.56% Equity 99.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK7% ₹554 Cr 6,475,000 NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | 5325555% ₹356 Cr 20,864,600 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN4% ₹301 Cr 5,766,900 Infosys Ltd (Technology)
Equity, Since 31 Dec 10 | INFY4% ₹299 Cr 2,010,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Mar 17 | SUNPHARMA4% ₹289 Cr 3,023,400 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | HDFCBANK4% ₹284 Cr 1,777,300 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Oct 20 | FEDERALBNK4% ₹277 Cr 21,478,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 15 | ITC3% ₹257 Cr 6,827,170
↓ -568,130 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M3% ₹226 Cr 1,778,800 Jindal Stainless Ltd (Basic Materials)
Equity, Since 31 Jul 21 | JSL3% ₹215 Cr 8,064,100 7. UTI Mid Cap Fund
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% . 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.
Date Value 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 Returns for UTI Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 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
Year Returns 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
Name Since Tenure Ankit Agarwal 30 Aug 19 3.5 Yr. Data below for UTI Mid Cap Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Consumer Cyclical 26.93% Industrials 19.18% Financial Services 17.62% Basic Materials 10.37% Health Care 8.62% Technology 7.21% Real Estate 2.9% Utility 2.06% Consumer Defensive 1.27% Asset Allocation
Asset Class Value Cash 3.69% Equity 96.15% Debt 0.16% Top Securities Holdings / Portfolio
Name Holding Value Quantity Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Mar 12 | CHOLAFIN3% ₹237 Cr 3,137,175 Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 30 Sep 17 | TIINDIA3% ₹229 Cr 827,010
↓ -190,933 The Federal Bank Ltd (Financial Services)
Equity, Since 30 Nov 10 | FEDERALBNK3% ₹198 Cr 15,364,700 Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | SCHAEFFLER2% ₹164 Cr 549,432 APL Apollo Tubes Ltd (Basic Materials)
Equity, Since 30 Nov 20 | APLAPOLLO2% ₹159 Cr 1,334,836 PI Industries Ltd (Basic Materials)
Equity, Since 30 Nov 17 | PIIND2% ₹156 Cr 502,502 Bharat Forge Ltd (Consumer Cyclical)
Equity, Since 31 Aug 13 | 5004932% ₹153 Cr 1,878,064 Shriram Finance Ltd (Financial Services)
Equity, Since 30 Apr 21 | SHRIRAMFIN2% ₹153 Cr 1,272,502 Polycab India Ltd (Industrials)
Equity, Since 31 Dec 20 | POLYCAB2% ₹148 Cr 479,233 Mphasis Ltd (Technology)
Equity, Since 31 Mar 15 | 5262992% ₹147 Cr 723,585
↑ 15,000 8. UTI Core Equity Fund
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% . 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.
Date Value 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 Returns for UTI Core Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 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
Year Returns 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
Name Since Tenure V Srivatsa 17 May 17 5.79 Yr. Data below for UTI Core Equity Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Financial Services 29.1% Technology 11.77% Health Care 11.23% Consumer Cyclical 11.22% Industrials 8.72% Basic Materials 6.9% Consumer Defensive 5.34% Real Estate 4.65% Energy 2.76% Utility 2.55% Communication Services 2.22% Asset Allocation
Asset Class Value Cash 3.41% Equity 96.47% Debt 0.12% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 20 | HDFCBANK6% ₹87 Cr 546,486
↑ 16,250 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 06 | ICICIBANK4% ₹63 Cr 739,318
↑ 18,503 Infosys Ltd (Technology)
Equity, Since 28 Feb 06 | INFY4% ₹60 Cr 404,635
↑ 5,089 ITC Ltd (Consumer Defensive)
Equity, Since 31 Dec 08 | ITC3% ₹50 Cr 1,336,291
↓ -83,293 The Federal Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | FEDERALBNK3% ₹46 Cr 3,544,779
↑ 63,452 State Bank of India (Financial Services)
Equity, Since 31 Jul 18 | SBIN3% ₹43 Cr 828,545 HCL Technologies Ltd (Technology)
Equity, Since 31 May 21 | HCLTECH3% ₹43 Cr 397,393 Fortis Healthcare Ltd (Healthcare)
Equity, Since 31 Dec 20 | 5328433% ₹42 Cr 1,586,120
↑ 27,891 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 14 | LT3% ₹40 Cr 187,289 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jul 18 | HDFC3% ₹38 Cr 147,130
↑ 2,693 9. BNP Paribas Mid Cap Fund
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% . 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.
Date Value 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 Returns for BNP Paribas Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 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
Year Returns 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
Name Since Tenure Shiv Chanani 13 Jul 22 0.63 Yr. Miten Vora 1 Dec 22 0.25 Yr. Data below for BNP Paribas Mid Cap Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Financial Services 23.2% Consumer Cyclical 17.39% Industrials 15.08% Basic Materials 10.69% Health Care 7.87% Technology 6.67% Utility 4.49% Energy 3.67% Consumer Defensive 3.07% Communication Services 1.15% Real Estate 1.04% Asset Allocation
Asset Class Value Cash 5.67% Equity 94.33% Top Securities Holdings / Portfolio
Name Holding Value Quantity Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jan 19 | 5002514% ₹51 Cr 400,000 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jul 16 | FEDERALBNK4% ₹42 Cr 3,250,000 Indian Bank (Financial Services)
Equity, Since 30 Jun 21 | 5328143% ₹41 Cr 1,600,000 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | 5323433% ₹33 Cr 310,000 Coforge Ltd (Technology)
Equity, Since 30 Apr 22 | COFORGE3% ₹30 Cr 70,000 NTPC Ltd (Utilities)
Equity, Since 30 Jun 22 | 5325552% ₹29 Cr 1,695,000 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Dec 21 | CHOLAFIN2% ₹28 Cr 372,500 Canara Bank (Financial Services)
Equity, Since 30 Sep 22 | 5324832% ₹28 Cr 1,000,000 Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Oct 21 | 5008502% ₹27 Cr 870,000 Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 22 | SCHAEFFLER2% ₹27 Cr 90,000 10. UTI Infrastructure Fund
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% . 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.
Date Value 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 Returns for UTI Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 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
Year Returns 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
Name Since Tenure Sachin Trivedi 1 Sep 21 1.5 Yr. Data below for UTI Infrastructure Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Industrials 39.46% Utility 14.02% Communication Services 9.27% Basic Materials 8.9% Financial Services 8.89% Energy 7.97% Consumer Cyclical 3.46% Real Estate 3.28% Asset Allocation
Asset Class Value Cash 4.6% Equity 95.25% Debt 0.16% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 05 | LT10% ₹144 Cr 681,500 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 17 | BHARTIARTL9% ₹129 Cr 1,737,500 NTPC Ltd (Utilities)
Equity, Since 31 Dec 18 | 5325556% ₹86 Cr 5,058,744 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Mar 12 | ULTRACEMCO6% ₹86 Cr 118,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 22 | RELIANCE5% ₹70 Cr 300,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | ICICIBANK4% ₹63 Cr 735,552
↓ -85,592 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 11 | 5322153% ₹49 Cr 581,655
↓ -42,696 Adani Ports & Special Economic Zone Ltd (Industrials)
Equity, Since 31 May 13 | ADANIPORTS3% ₹47 Cr 795,000 Gujarat Gas Ltd (Utilities)
Equity, Since 29 Feb 16 | GUJGASLTD3% ₹44 Cr 878,821
↑ 100,000 Shree Cement Ltd (Basic Materials)
Equity, Since 31 May 04 | 5003873% ₹43 Cr 16,504
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