Fincash » Mutual Funds » Australia-Based NRI Investment in Mutual Funds
Table of Contents
Mutual Funds for Australia-Based NRI Investing in India
As, India is one of the fastest growing economies in the world with over 5 percent GDP growth for many years, it attracts thousands of NRI investors from abroad. World Bank and IMF have projected India’s GDP to grow at 7.4 percent and 7.8 percent in 2018 and 2019 respectively. Currently, India is world’s fifth largest Economy at $2.7 trillion GDP.
Non-Resident Indians (NRIs) living in Australia can plan their investment in Mutual Funds India in order to earn optimal returns in the long-run. Australia-based NRIs can invest in stocks in India via mutual funds by Investing in Equity Funds. Equities are ideal for long-term investments, if you have goals like retirement, purchase of a house, or if you just want to build wealth these funds can be an ideal option. And in case, if you want to earn returns higher than bank savings accounts than investing in debt funds for short-term is advisable. Before investing, one should always access their risk ability.
Australia-based NRIs who want to invest in Mutual Funds in India there are some of the important guidelines & rules that need to be followed in order to begin their investment.
Accounts for NRIs Living in Australia
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.
KYC Procedure for Australia NRIs to Invest in Mutual Funds
To successfully complete your KYC procedure, Australia 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.
Talk to our investment specialist
Mutual Fund Taxation for Non-Resident Indian(NRI)
Capital Gains Tax Rates on NRI Mutual Fund Investments for the Financial Year 2017-18 (Assessment Year 2018-19) are as below:
NRI taxation on Mutual Funds- Capital Gains Tax Rates- FY 2017/2018 (AY- 2018-19)
| Types of Mutual Fund Scheme | Short Term Capital Gains (STCG) | Long Term Capital Gains (LTCG) |
|---|---|---|
| Equity Funds- STCG- Units held less than or equal to a year, LTCG- Units held more than a year | 15% | Nil |
| Non-Equity Funds- STCG- Units held for 3 years or less, LTCG- Units held for more than 3 years | As per Individual’s income tax bracket | On listed funds-20% (with indexation), Unlisted funds- 10% (without indexation) |
Mutual Fund Taxation on Dividends
Dividends on Equity Funds: The dividend received in the hands of unit holder for equity funds is completely tax-free. The dividend is also tax-free to the AMC.
Dividends on Debt Funds: The AMC has to pay a dividend distribution tax (DDT) of 28.84% before distributing this dividend income to its unit-holders. The dividend income received by a Debt fund unit holder is also tax-free.
Below is the TDS rate applicable on MF redemptions by NRIs for AY 2018-19.
NRI Taxation on Mutual Funds- Capital Gains Tax Rates- FY 2017/2018 (AY- 2018-19)
| Mutual Fund Redemptions by NRIs & TDS Rate | STCG & TDS Rate | LTCG & TDS Rate |
|---|---|---|
| Type of MF Scheme | ||
| Equity Oriented Funds | 15% | Nil |
| Debt Funds | 30% | On listed funds- 20% (with indexation), unlisted funds- 10% (without indexation) |
Popular Cities in Australia
Some of the most popular cities in Australia where you can find most Indians are:
- Sydney
- Melbourne
- Brisbane
- Perth
- Adelaide
Best Mutual Funds for Australia-Based NRIs
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) UTI Dynamic Bond Fund Growth ₹26.0971
↓ -0.01 ₹469 1.4 2.7 12 9.9 5.4 10.1 UTI Banking & PSU Debt Fund Growth ₹18.5119
↓ -0.01 ₹525 1.5 3.4 10.8 7.1 5.4 10.3 Sundaram Rural and Consumption Fund Growth ₹58.2773
↓ -0.45 ₹1,107 -7.3 -8 6.8 22.8 7.3 9.3 L&T India Value Fund Growth ₹58.8942
↓ -0.09 ₹7,782 -2.9 5.5 3.9 33.2 10.4 5.2 L&T Emerging Businesses Fund Growth ₹45.6443
↓ -0.11 ₹8,672 -2.1 -0.6 2.8 45.3 11.2 1 BNP Paribas Multi Cap Fund Growth ₹73.5154
↓ -0.01 ₹588 -4.6 -2.6 19.3 17.3 13.6 UTI Bond Fund Growth ₹61.866
↓ -0.01 ₹286 1.5 3.2 11.9 9.5 3.5 9.9 UTI Money Market Fund Growth ₹2,602.67
↑ 0.16 ₹7,898 1.7 3.4 5.6 5 6.1 4.9 UTI Treasury Advantage Fund Growth ₹2,999.74
↑ 0.38 ₹2,566 1.6 3.2 5.1 6.9 4.6 4.5 UTI Gilt Fund Growth ₹52.7591
↓ 0.00 ₹517 1.5 3.2 5 4.5 6.7 2.9 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Mar 23
The investment objective of the scheme is to generate optimal returns with adequate liquidity through active management of the portfolio, by investing in debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized. UTI Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 16 Jun 10. It is a fund with Moderate risk and has given a Below is the key information for UTI Dynamic Bond Fund Returns up to 1 year are on The investment objective of the scheme is to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs). UTI Banking & PSU Debt Fund is a Debt - Banking & PSU Debt fund was launched on 3 Feb 14. It is a fund with Moderate risk and has given a Below is the key information for UTI Banking & PSU Debt Fund Returns up to 1 year are on (Erstwhile Sundaram Rural India Fund) The primary investment objective of the scheme is to generate consistent long-term returns by investing predominantly in equity & equity related instruments of companies that are focusing on Rural India. Sundaram Rural and Consumption Fund is a Equity - Sectoral fund was launched on 12 May 06. It is a fund with Moderately High risk and has given a Below is the key information for Sundaram Rural and Consumption 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 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 BNP Paribas Dividend Yield Fund) The investment objective of the scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks. High dividend yield stocks are
defined as stocks of companies that have a dividend yield in excess of 0.5%, at the time of investment. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns. BNP Paribas Multi Cap Fund is a Equity - Multi Cap fund was launched on 15 Sep 05. It is a fund with Moderately High risk and has given a Below is the key information for BNP Paribas Multi Cap Fund Returns up to 1 year are on (Erstwhile UTI - Bond Fund) The Scheme will retain the flexibility to invest in the entire range of debt and money market instruments. The flexibility is being retained to adjust the portfolio in response to a change in the risk to return equation for asset classes under investment, with a view to maintain risks within manageable limits. UTI Bond Fund is a Debt - Medium to Long term fund was launched on 4 May 98. It is a fund with Moderate risk and has given a Below is the key information for UTI Bond Fund Returns up to 1 year are on To provide highest possible current income consistent with preservation of capital and providing liquidity from investing in a diversified portfolio of short term money market securities. UTI Money Market Fund is a Debt - Money Market fund was launched on 13 Jul 09. It is a fund with Low risk and has given a Below is the key information for UTI Money Market Fund Returns up to 1 year are on The scheme will endeavour to generate an attractive return for its investors consistent with capital preservation and liquidity by investing in a portfolio of quality debt securities, money market instruments and structured obligations. UTI Treasury Advantage Fund is a Debt - Low Duration fund was launched on 23 Apr 07. It is a fund with Moderately Low risk and has given a Below is the key information for UTI Treasury Advantage Fund Returns up to 1 year are on (Erstwhile UTI Gilt Advantage Fund- LTP) To generate credit risk-free return through investment in sovereign securities issued by the Central Government and / or a State Government and / or any security unconditionally guaranteed by the Central Government and / or a State Government for repayment of principal and interest. However there can be no assurance that the investment objective of the Scheme will be achieved. UTI Gilt Fund is a Debt - Government Bond fund was launched on 21 Jan 02. It is a fund with Moderate risk and has given a Below is the key information for UTI Gilt Fund Returns up to 1 year are on 1. UTI Dynamic Bond Fund
CAGR/Annualized return of 7.8% since its launch. Ranked 3 in Dynamic Bond category. Return for 2022 was 10.1% , 2021 was 10.8% and 2020 was 5.9% . UTI Dynamic Bond Fund
Growth Launch Date 16 Jun 10 NAV (28 Mar 23) ₹26.0971 ↓ -0.01 (-0.04 %) Net Assets (Cr) ₹469 on 28 Feb 23 Category Debt - Dynamic Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆☆ Risk Moderate Expense Ratio 1.59 Sharpe Ratio 0.74 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.11% Effective Maturity 4 Years 1 Month 24 Days Modified Duration 2 Years 11 Months 19 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,351 29 Feb 20 ₹9,976 28 Feb 21 ₹10,652 28 Feb 22 ₹11,879 28 Feb 23 ₹13,189 Returns for UTI Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month 0.7% 3 Month 1.4% 6 Month 2.7% 1 Year 12% 3 Year 9.9% 5 Year 5.4% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 10.1% 2021 10.8% 2020 5.9% 2019 -3.9% 2018 5.2% 2017 4.2% 2016 14.9% 2015 6.9% 2014 14.7% 2013 7.6% Fund Manager information for UTI Dynamic Bond Fund
Name Since Tenure Sudhir Agarwal 1 Dec 21 1.25 Yr. Data below for UTI Dynamic Bond Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 26.37% Debt 73.63% Debt Sector Allocation
Sector Value Government 50.16% Corporate 39.4% Cash Equivalent 10.44% Credit Quality
Rating Value AA 5.37% AAA 94.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -21% ₹100 Cr 1,000,000,000
↓ -250,000,000 7.26 8/22/2032 12:00:00 Am
Sovereign Bonds | -11% ₹50 Cr 500,000,000
↑ 500,000,000 Rural Electrification Corporation Limited
Debentures | -10% ₹45 Cr 4,500
↑ 4,500 Power Finance Corporation Ltd.
Debentures | -10% ₹45 Cr 4,500 Housing Development Finance Corporation Limited
Debentures | -7% ₹35 Cr 3,500 Indian Railway Finance Corporation Limited
Debentures | -5% ₹25 Cr 2,500 07.64 MP Sgs 2033
Sovereign Bonds | -5% ₹25 Cr 250,000,000 182 DTB 23032023
Sovereign Bonds | -3% ₹15 Cr 150,000,000 Punjab National Bank
Debentures | -2% ₹10 Cr 100 Can Fin Homes Limited
Debentures | -2% ₹10 Cr 100 2. UTI Banking & PSU Debt Fund
CAGR/Annualized return of 7% since its launch. Ranked 3 in Banking & PSU Debt category. Return for 2022 was 10.3% , 2021 was 2.8% and 2020 was 8.9% . UTI Banking & PSU Debt Fund
Growth Launch Date 3 Feb 14 NAV (28 Mar 23) ₹18.5119 ↓ -0.01 (-0.08 %) Net Assets (Cr) ₹525 on 28 Feb 23 Category Debt - Banking & PSU Debt AMC UTI Asset Management Company Ltd Rating ☆☆☆☆☆ Risk Moderate Expense Ratio 0.31 Sharpe Ratio 0.8 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.56% Effective Maturity 3 Years 11 Months 5 Days Modified Duration 3 Years 2 Months 23 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,499 29 Feb 20 ₹10,696 28 Feb 21 ₹11,394 28 Feb 22 ₹11,837 28 Feb 23 ₹13,034 Returns for UTI Banking & PSU Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month 0.9% 3 Month 1.5% 6 Month 3.4% 1 Year 10.8% 3 Year 7.1% 5 Year 5.4% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2022 10.3% 2021 2.8% 2020 8.9% 2019 -1% 2018 6.8% 2017 6.4% 2016 11.7% 2015 8.6% 2014 2013 Fund Manager information for UTI Banking & PSU Debt Fund
Name Since Tenure Anurag Mittal 1 Dec 21 1.25 Yr. Data below for UTI Banking & PSU Debt Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 2.72% Debt 97.28% Debt Sector Allocation
Sector Value Government 49.43% Corporate 47.84% Cash Equivalent 2.72% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -22% ₹121 Cr 1,200,000,000
↑ 150,000,000 Power Finance Corporation Ltd.
Debentures | -7% ₹40 Cr 400 National Housing Bank
Debentures | -7% ₹40 Cr 400 Axis Bank Limited
Debentures | -6% ₹30 Cr 300 National Bank For Agriculture And Rural Development
Debentures | -5% ₹26 Cr 250 Export Import Bank Of India
Debentures | -5% ₹25 Cr 250 Indian Railway Finance Corporation Limited
Debentures | -5% ₹25 Cr 250 National Bank For Agriculture And Rural Development
Debentures | -5% ₹25 Cr 2,500
↑ 2,500 Small Industries Development Bank Of India
Debentures | -5% ₹25 Cr 250 Rec Limited
Debentures | -5% ₹25 Cr 250 3. Sundaram Rural and Consumption Fund
CAGR/Annualized return of 11% since its launch. Ranked 2 in Sectoral category. Return for 2022 was 9.3% , 2021 was 19.3% and 2020 was 13.5% . Sundaram Rural and Consumption Fund
Growth Launch Date 12 May 06 NAV (28 Mar 23) ₹58.2773 ↓ -0.45 (-0.76 %) Net Assets (Cr) ₹1,107 on 28 Feb 23 Category Equity - Sectoral AMC Sundaram Asset Management Company Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.24 Sharpe Ratio 0.17 Information Ratio -0.36 Alpha Ratio 0.86 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 ₹9,252 29 Feb 20 ₹10,114 28 Feb 21 ₹11,579 28 Feb 22 ₹13,155 28 Feb 23 ₹14,088 Returns for Sundaram Rural and Consumption Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month -2.2% 3 Month -7.3% 6 Month -8% 1 Year 6.8% 3 Year 22.8% 5 Year 7.3% 10 Year 15 Year Since launch 11% Historical performance (Yearly) on absolute basis
Year Returns 2022 9.3% 2021 19.3% 2020 13.5% 2019 2.7% 2018 -7.8% 2017 38.7% 2016 21.1% 2015 6.3% 2014 47.4% 2013 -0.6% Fund Manager information for Sundaram Rural and Consumption Fund
Name Since Tenure Ratish Varier 1 Jan 22 1.16 Yr. Ashish Aggarwal 1 Jan 22 1.16 Yr. Data below for Sundaram Rural and Consumption Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Consumer Cyclical 39.32% Consumer Defensive 31.39% Communication Services 10.18% Financial Services 4.05% Health Care 2.43% Basic Materials 2.1% Real Estate 2.03% Industrials 0.53% Asset Allocation
Asset Class Value Cash 7.96% Equity 92.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 16 | HINDUNILVR9% ₹98 Cr 398,056 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 13 | ITC6% ₹69 Cr 1,820,266 Titan Co Ltd (Consumer Cyclical)
Equity, Since 29 Feb 20 | TITAN6% ₹67 Cr 282,609
↓ -11,105 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 22 | BHARTIARTL6% ₹66 Cr 884,639
↑ 50,224 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 12 | MARUTI6% ₹61 Cr 70,800 United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Dec 18 | MCDOWELL-N4% ₹41 Cr 552,858 Safari Industries (India) Ltd (Consumer Cyclical)
Equity, Since 28 Feb 22 | 5230253% ₹37 Cr 184,344
↓ -200 Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | CROMPTON3% ₹34 Cr 1,126,117
↓ -155,437 State Bank of India (Financial Services)
Equity, Since 31 Oct 22 | SBIN3% ₹33 Cr 632,666 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Apr 22 | M&M3% ₹30 Cr 239,842 4. L&T India Value Fund
CAGR/Annualized return of 14.4% 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 (28 Mar 23) ₹58.8942 ↓ -0.09 (-0.15 %) 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 28 Mar 23 Duration Returns 1 Month -1.2% 3 Month -2.9% 6 Month 5.5% 1 Year 3.9% 3 Year 33.2% 5 Year 10.4% 10 Year 15 Year Since launch 14.4% 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 5. L&T Emerging Businesses Fund
CAGR/Annualized return of 18.7% 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 (28 Mar 23) ₹45.6443 ↓ -0.11 (-0.23 %) 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 28 Mar 23 Duration Returns 1 Month -2.6% 3 Month -2.1% 6 Month -0.6% 1 Year 2.8% 3 Year 45.3% 5 Year 11.2% 10 Year 15 Year Since launch 18.7% 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 6. BNP Paribas Multi Cap Fund
CAGR/Annualized return of 12.9% since its launch. Ranked 18 in Multi Cap category. . BNP Paribas Multi Cap Fund
Growth Launch Date 15 Sep 05 NAV (13 Mar 22) ₹73.5154 ↓ -0.01 (-0.01 %) Net Assets (Cr) ₹588 on 31 Jan 22 Category Equity - Multi Cap AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.44 Sharpe Ratio 2.86 Information Ratio 0 Alpha Ratio 0 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 ₹8,965 29 Feb 20 ₹10,130 28 Feb 21 ₹12,488 28 Feb 22 ₹15,510 Returns for BNP Paribas Multi Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month -4.4% 3 Month -4.6% 6 Month -2.6% 1 Year 19.3% 3 Year 17.3% 5 Year 13.6% 10 Year 15 Year Since launch 12.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 Fund Manager information for BNP Paribas Multi Cap Fund
Name Since Tenure Data below for BNP Paribas Multi Cap Fund as on 31 Jan 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 7. UTI Bond Fund
CAGR/Annualized return of 7.6% since its launch. Ranked 11 in Medium to Long term category. Return for 2022 was 9.9% , 2021 was 9.4% and 2020 was 1.1% . UTI Bond Fund
Growth Launch Date 4 May 98 NAV (28 Mar 23) ₹61.866 ↓ -0.01 (-0.02 %) Net Assets (Cr) ₹286 on 28 Feb 23 Category Debt - Medium to Long term AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.62 Sharpe Ratio 0.72 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.47% Effective Maturity 6 Years 11 Months 5 Days Modified Duration 4 Years 2 Months 12 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,283 29 Feb 20 ₹9,243 28 Feb 21 ₹9,875 28 Feb 22 ₹10,894 28 Feb 23 ₹12,068 Returns for UTI Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month 1% 3 Month 1.5% 6 Month 3.2% 1 Year 11.9% 3 Year 9.5% 5 Year 3.5% 10 Year 15 Year Since launch 7.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 9.9% 2021 9.4% 2020 1.1% 2019 -5.8% 2018 4% 2017 3.6% 2016 13.9% 2015 6.3% 2014 15.6% 2013 4% Fund Manager information for UTI Bond Fund
Name Since Tenure Amandeep Chopra 31 Jan 12 11.09 Yr. Data below for UTI Bond Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 12.25% Debt 87.75% Debt Sector Allocation
Sector Value Government 80.37% Corporate 15.35% Cash Equivalent 4.28% Credit Quality
Rating Value AA 1.91% AAA 98.09% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26 8/22/2032 12:00:00 Am
Sovereign Bonds | -22% ₹65 Cr 650,000,000
↑ 100,000,000 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -21% ₹60 Cr 600,000,000 7.41 12/19/2036 12:00:00 Am
Sovereign Bonds | -10% ₹30 Cr 300,000,000
↑ 100,000,000 7.42 9/22/2033 12:00:00 Am
Sovereign Bonds | -9% ₹25 Cr 250,000,000 Rural Electrification Corporation Limited
Debentures | -7% ₹20 Cr 2,000 07.74 MH Sgs 2033
Sovereign Bonds | -5% ₹15 Cr 150,000,000
↑ 50,000,000 Kotak Mahindra Bank Limited
Debentures | -5% ₹15 Cr 150 07.71 GJ Sdl 2034
Sovereign Bonds | -3% ₹10 Cr 99,760,000
↑ 99,760,000 Indian Railway Finance Corporation Limited
Debentures | -2% ₹5 Cr 500
↓ -1,000 Rural Electrification Corporation Limited
Debentures | -2% ₹5 Cr 500
↑ 500 8. UTI Money Market Fund
CAGR/Annualized return of 7.2% since its launch. Ranked 23 in Money Market category. Return for 2022 was 4.9% , 2021 was 3.7% and 2020 was 6% . UTI Money Market Fund
Growth Launch Date 13 Jul 09 NAV (28 Mar 23) ₹2,602.67 ↑ 0.16 (0.01 %) Net Assets (Cr) ₹7,898 on 28 Feb 23 Category Debt - Money Market AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Low Expense Ratio 0.27 Sharpe Ratio -0.34 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.28% Effective Maturity 4 Months 6 Days Modified Duration 4 Months 6 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,805 29 Feb 20 ₹11,624 28 Feb 21 ₹12,275 28 Feb 22 ₹12,751 28 Feb 23 ₹13,431 Returns for UTI Money Market Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month 0.6% 3 Month 1.7% 6 Month 3.4% 1 Year 5.6% 3 Year 5% 5 Year 6.1% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.9% 2021 3.7% 2020 6% 2019 8% 2018 7.8% 2017 6.7% 2016 7.7% 2015 8.4% 2014 9.1% 2013 9.2% Fund Manager information for UTI Money Market Fund
Name Since Tenure Anurag Mittal 1 Dec 21 1.25 Yr. Amit Sharma 7 Jul 17 5.65 Yr. Data below for UTI Money Market Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 88.9% Debt 11.1% Debt Sector Allocation
Sector Value Cash Equivalent 39.66% Corporate 30.64% Government 29.7% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 14092023
Sovereign Bonds | -7% ₹579 Cr 6,000,000,000
↑ 6,000,000,000 182 DTB 23032023
Sovereign Bonds | -6% ₹499 Cr 5,000,000,000 182 DTB 07092023
Sovereign Bonds | -2% ₹193 Cr 2,000,000,000
↑ 2,000,000,000 182 DTB 31082023
Sovereign Bonds | -2% ₹145 Cr 1,500,000,000
↑ 1,500,000,000 08.27 RJ UDAY 2023
Domestic Bonds | -1% ₹50 Cr 500,000,000 364 Dtb 08062023
Sovereign Bonds | -0% ₹20 Cr 200,000,000 182 DTB 24082023
Sovereign Bonds | -0% ₹15 Cr 150,000,000 Net Current Assets
Net Current Assets | -6% ₹544 Cr Small Industries Development Bank Of India
Certificate of Deposit | -4% ₹295 Cr 3,000,000,000 Mahindra & Mahindra Financial Services Ltd
Commercial Paper | -3% ₹242 Cr 2,500,000,000 9. UTI Treasury Advantage Fund
CAGR/Annualized return of 7.1% since its launch. Ranked 15 in Low Duration category. Return for 2022 was 4.5% , 2021 was 9% and 2020 was 7.3% . UTI Treasury Advantage Fund
Growth Launch Date 23 Apr 07 NAV (28 Mar 23) ₹2,999.74 ↑ 0.38 (0.01 %) Net Assets (Cr) ₹2,566 on 28 Feb 23 Category Debt - Low Duration AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.43 Sharpe Ratio -1.17 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.35% Effective Maturity 9 Months Modified Duration 7 Months 20 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,747 29 Feb 20 ₹10,301 28 Feb 21 ₹10,954 28 Feb 22 ₹11,968 28 Feb 23 ₹12,551 Returns for UTI Treasury Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month 0.6% 3 Month 1.6% 6 Month 3.2% 1 Year 5.1% 3 Year 6.9% 5 Year 4.6% 10 Year 15 Year Since launch 7.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.5% 2021 9% 2020 7.3% 2019 -4.2% 2018 7.3% 2017 7% 2016 8.9% 2015 8.8% 2014 9.3% 2013 9.6% Fund Manager information for UTI Treasury Advantage Fund
Name Since Tenure Anurag Mittal 1 Dec 21 1.25 Yr. Data below for UTI Treasury Advantage Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 62.61% Debt 37.39% Debt Sector Allocation
Sector Value Corporate 47.13% Government 26.63% Cash Equivalent 26.24% Credit Quality
Rating Value AA 16.19% AAA 83.81% Top Securities Holdings / Portfolio
Name Holding Value Quantity Cholamandalam Investment And Fin. Co. Ltd
Debentures | -5% ₹124 Cr 1,250 Axis Finance Limited
Debentures | -5% ₹115 Cr 1,150 Mahindra Rural Housing Finance Limited
Debentures | -3% ₹78 Cr 800 National Bank For Agriculture And Rural Development
Debentures | -3% ₹74 Cr 750 Shriram Finance Limited
Debentures | -2% ₹50 Cr 500 Power Finance Corporation Ltd.
Debentures | -2% ₹50 Cr 5,000
↑ 5,000 National Housing Bank
Debentures | -2% ₹50 Cr 5,000 National Housing Bank
Debentures | -2% ₹50 Cr 500 182 DTB 31082023
Sovereign Bonds | -2% ₹48 Cr 500,000,000
↑ 500,000,000 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -2% ₹40 Cr 400,000,000
↑ 400,000,000 10. UTI Gilt Fund
CAGR/Annualized return of 8.2% since its launch. Ranked 7 in Government Bond category. Return for 2022 was 2.9% , 2021 was 2.3% and 2020 was 10.3% . UTI Gilt Fund
Growth Launch Date 21 Jan 02 NAV (28 Mar 23) ₹52.7591 ↓ 0.00 (-0.01 %) Net Assets (Cr) ₹517 on 28 Feb 23 Category Debt - Government Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 0.86 Sharpe Ratio -1.11 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.05% Effective Maturity 5 Years 3 Months 18 Days Modified Duration 3 Years 8 Months 26 Days Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,768 29 Feb 20 ₹12,334 28 Feb 21 ₹13,084 28 Feb 22 ₹13,509 28 Feb 23 ₹14,030 Returns for UTI Gilt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 23 Duration Returns 1 Month 1% 3 Month 1.5% 6 Month 3.2% 1 Year 5% 3 Year 4.5% 5 Year 6.7% 10 Year 15 Year Since launch 8.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 2.9% 2021 2.3% 2020 10.3% 2019 11.8% 2018 6.3% 2017 4.3% 2016 15.5% 2015 6.1% 2014 19.8% 2013 4% Fund Manager information for UTI Gilt Fund
Name Since Tenure Sudhir Agarwal 1 Dec 21 1.25 Yr. Data below for UTI Gilt Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 28.92% Debt 71.08% Debt Sector Allocation
Sector Value Government 71.08% Cash Equivalent 28.92% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -33% ₹176 Cr 1,750,000,000
↓ -250,000,000 7.26 8/22/2032 12:00:00 Am
Sovereign Bonds | -28% ₹149 Cr 1,500,000,000
↑ 500,000,000 91 DTB 25052023
Sovereign Bonds | -9% ₹49 Cr 500,000,000 07.94 HR Sdl 2034
Sovereign Bonds | -5% ₹26 Cr 250,000,000 07.64 MP Sgs 2033
Sovereign Bonds | -5% ₹25 Cr 250,000,000 182 DTB 23032023
Sovereign Bonds | -3% ₹15 Cr 150,000,000
↓ -450,000,000 91 DTB 16032023
Sovereign Bonds | -2% ₹10 Cr 100,000,000
↓ -400,000,000 Net Current Assets
Net Current Assets | -15% ₹77 Cr Clearing Corporation Of India Ltd. Std - Margin
Net Current Assets | -0% ₹1 Cr 00
How to Invest in Mutual Funds Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
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.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2023 Shepard Technologies Private Limited. All Rights Reserved