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Mutual Funds for New Zealand-Based NRI Investing in India
NRIs living in New Zealand can invest in a host of mutual fund schemes as per their investment objectives. Also, one who wants to diversify the investment Portfolio and earn optimal returns over the time, Mutual Funds are a great option to consider.
Non-Resident Indians (NRIs) living in New Zealand can benefit from a growing home Economy by Investing in mutual funds in India. Since, the time there were headlines of India announced as the sixth largest economy in the World, it caught many NRIs investors’ attention.
Traditionally, Non-Resident Indians have been more comfortable investing in Real Estate in India. But, the growing economy of India has broadened the investment choices for them, especially mutual funds.
NRIs most often prefer investing in mutual funds for two main reasons- one is as they can indirectly participate in stocks via equities and the other is they can earn more returns than Bank savings accounts for a short-term by investing in debt funds. Mutual funds are also a great option for portfolio diversification. As MFs invest in multiple securities this diversifies the risk.
Mutual Fund Investment for NRIs Living in New Zealand
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 New Zealand NRIs to Invest in Mutual Funds
To successfully complete your KYC procedure, New Zealand 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.
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Non-Resident Indian (NRI) Mutual Fund Taxation
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) |
Best Mutual Funds for New Zealand NRIs
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) UTI Dynamic Bond Fund Growth ₹25.8927
↑ 0.01 ₹364 1.5 2.6 11.4 9.8 5.7 10.1 UTI Banking & PSU Debt Fund Growth ₹18.3807
↑ 0.00 ₹527 2 2.3 10.9 7.3 5.5 10.3 Sundaram Rural and Consumption Fund Growth ₹60.7925
↑ 0.33 ₹1,179 -5.6 -0.7 4.5 11.1 7.5 9.3 L&T India Value Fund Growth ₹60.7057
↑ 0.34 ₹8,076 0.8 7.3 1.2 18.2 9.9 5.2 L&T Emerging Businesses Fund Growth ₹47.5667
↑ 0.40 ₹8,697 0.3 5.5 0.3 26.3 11.6 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 ₹61.4032
↑ 0.02 ₹282 2 3 11.5 8.6 3.8 9.9 UTI Money Market Fund Growth ₹2,576.28
↑ 0.53 ₹7,440 1.7 3.1 5.2 4.9 6.1 4.9 UTI Treasury Advantage Fund Growth ₹2,971.6
↑ 0.66 ₹3,009 1.7 2.8 4.8 6.9 4.7 4.5 UTI Ultra Short Term Fund Growth ₹3,593.91
↑ 0.68 ₹2,005 1.6 2.7 4.5 5.2 5.2 4.2 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 Feb 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 - Floating Rate Fund - Short Term Plan) To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt securities and money market instruments .However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns. UTI Ultra Short Term Fund is a Debt - Ultrashort Bond fund was launched on 29 Aug 03. It is a fund with Moderately Low risk and has given a Below is the key information for UTI Ultra Short Term 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 (02 Feb 23) ₹25.8927 ↑ 0.01 (0.04 %) Net Assets (Cr) ₹364 on 31 Dec 22 Category Debt - Dynamic Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆☆ Risk Moderate Expense Ratio 1.59 Sharpe Ratio 0.68 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.04% Effective Maturity 4 Years 1 Month 13 Days Modified Duration 2 Years 4 Months 24 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,287 31 Jan 20 ₹9,926 31 Jan 21 ₹10,700 31 Jan 22 ₹11,861 31 Jan 23 ₹13,125 Returns for UTI Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23 Duration Returns 1 Month 0.6% 3 Month 1.5% 6 Month 2.6% 1 Year 11.4% 3 Year 9.8% 5 Year 5.7% 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 1.08 Yr. Data below for UTI Dynamic Bond Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 73.43% Debt 26.57% Debt Sector Allocation
Sector Value Cash Equivalent 53.83% Government 35.8% Corporate 10.37% Credit Quality
Rating Value AA 7.18% AAA 92.82% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.38% Govt Stock 2027
Sovereign Bonds | -13% ₹50 Cr 500,000,000 7.26% Govt Stock 2032
Sovereign Bonds | -7% ₹25 Cr 250,000,000
↓ -850,000,000 182 DTB 23032023
Sovereign Bonds | -4% ₹15 Cr 150,000,000 Punjab National Bank
Debentures | -3% ₹10 Cr 100 Can Fin Homes Limited
Debentures | -3% ₹10 Cr 100 Tata Capital Limited
Debentures | -1% ₹5 Cr 50 Net Current Assets
Net Current Assets | -50% ₹186 Cr Canara Bank
Certificate of Deposit | -7% ₹25 Cr 250,000,000 Export-Import Bank Of India
Certificate of Deposit | -7% ₹25 Cr 250,000,000 Small Industries Development Bank Of India
Certificate of Deposit | -6% ₹24 Cr 250,000,000 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 (02 Feb 23) ₹18.3807 ↑ 0.00 (0.03 %) Net Assets (Cr) ₹527 on 31 Dec 22 Category Debt - Banking & PSU Debt AMC UTI Asset Management Company Ltd Rating ☆☆☆☆☆ Risk Moderate Expense Ratio 0.31 Sharpe Ratio 0.93 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.39% Effective Maturity 4 Years 1 Month 13 Days Modified Duration 3 Years 3 Months 29 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,455 31 Jan 20 ₹10,593 31 Jan 21 ₹11,455 31 Jan 22 ₹11,813 31 Jan 23 ₹13,055 Returns for UTI Banking & PSU Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23 Duration Returns 1 Month 0.6% 3 Month 2% 6 Month 2.3% 1 Year 10.9% 3 Year 7.3% 5 Year 5.5% 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 1.08 Yr. Data below for UTI Banking & PSU Debt Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 3.48% Debt 96.52% Debt Sector Allocation
Sector Value Government 50.93% Corporate 45.59% Cash Equivalent 3.48% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.38% Govt Stock 2027
Sovereign Bonds | -24% ₹126 Cr 1,250,000,000
↑ 50,000,000 National Housing Bank
Debentures | -7% ₹40 Cr 400 Power Finance Corporation Ltd.
Debentures | -7% ₹35 Cr 350 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 Small Industries Development Bank Of India
Debentures | -5% ₹25 Cr 250 Rec Limited
Debentures | -5% ₹25 Cr 250 ICICI Bank Limited
Debentures | -4% ₹24 Cr 250 3. Sundaram Rural and Consumption Fund
CAGR/Annualized return of 11.4% 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 (02 Feb 23) ₹60.7925 ↑ 0.33 (0.55 %) Net Assets (Cr) ₹1,179 on 31 Dec 22 Category Equity - Sectoral AMC Sundaram Asset Management Company Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 2.24 Sharpe Ratio 0.33 Information Ratio -0.28 Alpha Ratio 0.98 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 31 Jan 18 ₹10,000 31 Jan 19 ₹9,038 31 Jan 20 ₹10,159 31 Jan 21 ₹10,733 31 Jan 22 ₹13,090 31 Jan 23 ₹13,923 Returns for Sundaram Rural and Consumption Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23 Duration Returns 1 Month -2.9% 3 Month -5.6% 6 Month -0.7% 1 Year 4.5% 3 Year 11.1% 5 Year 7.5% 10 Year 15 Year Since launch 11.4% 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 Yr. Ashish Aggarwal 1 Jan 22 1 Yr. Data below for Sundaram Rural and Consumption Fund as on 31 Dec 22
Equity Sector Allocation
Sector Value Consumer Cyclical 38.63% Consumer Defensive 31.91% Communication Services 9.22% Financial Services 2.44% Health Care 2.32% Basic Materials 2.08% Industrials 1.84% Real Estate 1.79% Asset Allocation
Asset Class Value Cash 9.75% Equity 90.25% Top Securities Holdings / Portfolio
Name Holding Value Quantity Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 16 | HINDUNILVR10% ₹116 Cr 453,308 Titan Co Ltd (Consumer Cyclical)
Equity, Since 29 Feb 20 | TITAN6% ₹76 Cr 293,714 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 13 | ITC5% ₹60 Cr 1,820,266 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 12 | MARUTI5% ₹60 Cr 71,550
↑ 3,759 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 22 | BHARTIARTL5% ₹59 Cr 734,479
↑ 118,466 United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Dec 18 | MCDOWELL-N4% ₹47 Cr 536,743
↑ 59,469 Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | CROMPTON4% ₹45 Cr 1,325,453
↓ -150,000 Page Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | PAGEIND3% ₹39 Cr 9,138 Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | VBL3% ₹35 Cr 263,496
↓ -154,587 Safari Industries (India) Ltd (Consumer Cyclical)
Equity, Since 28 Feb 22 | 5230253% ₹31 Cr 184,544
↑ 4,394 4. L&T India Value Fund
CAGR/Annualized return of 14.8% 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 (02 Feb 23) ₹60.7057 ↑ 0.34 (0.56 %) Net Assets (Cr) ₹8,076 on 31 Dec 22 Category Equity - Value AMC L&T Investment Management Ltd Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.85 Sharpe Ratio 0.09 Information Ratio 0.34 Alpha Ratio 1.05 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 31 Jan 18 ₹10,000 31 Jan 19 ₹8,563 31 Jan 20 ₹9,360 31 Jan 21 ₹10,455 31 Jan 22 ₹14,885 31 Jan 23 ₹15,427 Returns for L&T India Value Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23 Duration Returns 1 Month -1.6% 3 Month 0.8% 6 Month 7.3% 1 Year 1.2% 3 Year 18.2% 5 Year 9.9% 10 Year 15 Year Since launch 14.8% 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 10.11 Yr. Vihang Naik 17 Dec 19 3.04 Yr. Data below for L&T India Value Fund as on 31 Dec 22
Equity Sector Allocation
Sector Value Financial Services 28.87% Basic Materials 15.5% Industrials 11.63% Consumer Cyclical 9.45% Technology 8.19% Consumer Defensive 6.69% Health Care 5.36% Utility 4.3% Real Estate 2.82% Energy 2.73% Communication Services 2.43% Asset Allocation
Asset Class Value Cash 2.05% Equity 97.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK7% ₹597 Cr 6,698,800
↓ -222,100 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN4% ₹354 Cr 5,766,900 NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | NTPC4% ₹347 Cr 20,864,600 Infosys Ltd (Technology)
Equity, Since 31 Dec 10 | INFY4% ₹303 Cr 2,010,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Mar 17 | SUNPHARMA4% ₹303 Cr 3,023,400 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Oct 20 | FEDERALBNK4% ₹299 Cr 21,478,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | HDFCBANK4% ₹289 Cr 1,777,300 ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 15 | ITC3% ₹245 Cr 7,395,300
↓ -958,300 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M3% ₹222 Cr 1,778,800 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 15 | RELIANCE3% ₹221 Cr 865,900 5. L&T Emerging Businesses Fund
CAGR/Annualized return of 19.6% 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 (02 Feb 23) ₹47.5667 ↑ 0.40 (0.84 %) Net Assets (Cr) ₹8,697 on 31 Dec 22 Category Equity - Small Cap AMC L&T Investment Management Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 1.87 Sharpe Ratio -0.16 Information Ratio 0.2 Alpha Ratio 1.83 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 31 Jan 18 ₹10,000 31 Jan 19 ₹8,359 31 Jan 20 ₹8,371 31 Jan 21 ₹9,303 31 Jan 22 ₹16,477 31 Jan 23 ₹16,709 Returns for L&T Emerging Businesses Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23 Duration Returns 1 Month 0% 3 Month 0.3% 6 Month 5.5% 1 Year 0.3% 3 Year 26.3% 5 Year 11.6% 10 Year 15 Year Since launch 19.6% 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 3.04 Yr. Vihang Naik 17 Dec 19 3.04 Yr. Data below for L&T Emerging Businesses Fund as on 31 Dec 22
Equity Sector Allocation
Sector Value Industrials 33.99% Basic Materials 17.39% Consumer Cyclical 16.06% Financial Services 8.99% Technology 6.89% Real Estate 5.69% Consumer Defensive 5.04% Health Care 2.69% Energy 1.16% Communication Services 0.08% Asset Allocation
Asset Class Value Cash 2.04% Equity 97.96% Top Securities Holdings / Portfolio
Name Holding Value Quantity K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | KPRMILL3% ₹263 Cr 5,081,639 RHI Magnesita India Ltd (Industrials)
Equity, Since 31 Aug 18 | RHIM3% ₹253 Cr 3,018,479 JK Lakshmi Cement Ltd (Basic Materials)
Equity, Since 31 Oct 20 | JKLAKSHMI3% ₹232 Cr 2,845,600
↑ 111,765 City Union Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | CUB3% ₹218 Cr 12,108,492 E I D Parry India Ltd (Consumer Defensive)
Equity, Since 31 Jan 20 | EIDPARRY2% ₹216 Cr 3,804,620 Indian Bank (Financial Services)
Equity, Since 31 Jan 22 | INDIANB2% ₹216 Cr 7,556,600 Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | APARINDS2% ₹212 Cr 1,184,900 Grindwell Norton Ltd (Industrials)
Equity, Since 30 Sep 17 | GRINDWELL2% ₹201 Cr 1,127,322
↓ -100,000 Carborundum Universal Ltd (Industrials)
Equity, Since 31 Jul 16 | CARBORUNIV2% ₹197 Cr 2,249,700 KEI Industries Ltd (Industrials)
Equity, Since 31 Jan 20 | KEI2% ₹195 Cr 1,329,400 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 31 Jan 18 ₹10,000 31 Jan 19 ₹8,704 31 Jan 20 ₹10,272 31 Jan 21 ₹10,924 31 Jan 22 ₹15,297 Returns for BNP Paribas Multi Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 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 (02 Feb 23) ₹61.4032 ↑ 0.02 (0.04 %) Net Assets (Cr) ₹282 on 31 Dec 22 Category Debt - Medium to Long term AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.62 Sharpe Ratio 0.67 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.32% Effective Maturity 7 Years 1 Month 20 Days Modified Duration 4 Years 3 Months 18 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,195 31 Jan 20 ₹9,378 31 Jan 21 ₹9,909 31 Jan 22 ₹10,848 31 Jan 23 ₹11,984 Returns for UTI Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23 Duration Returns 1 Month 0.7% 3 Month 2% 6 Month 3% 1 Year 11.5% 3 Year 8.6% 5 Year 3.8% 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 10.93 Yr. Data below for UTI Bond Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 18.58% Debt 81.42% Debt Sector Allocation
Sector Value Government 65.5% Cash Equivalent 18.58% Corporate 15.91% Credit Quality
Rating Value AA 1.96% AAA 98.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.26% Govt Stock 2032
Sovereign Bonds | -26% ₹75 Cr 750,000,000
↓ -100,000,000 7.38% Govt Stock 2027
Sovereign Bonds | -18% ₹50 Cr 500,000,000 7.41% Govt Stock 2036
Sovereign Bonds | -11% ₹30 Cr 300,000,000 Bajaj Finance Limited
Debentures | -9% ₹25 Cr 250 7.42% Govt Stock 2033
Sovereign Bonds | -9% ₹25 Cr 250,000,000 Kotak Mahindra Bank Limited
Debentures | -5% ₹15 Cr 150 07.69 Tn SDL 2037
Sovereign Bonds | -2% ₹5 Cr 50,000,000 Piramal Capital & Housing Finance Limited
Debentures | -2% ₹5 Cr 61,600 Net Current Assets
Net Current Assets | -18% ₹52 Cr Clearing Corporation Of India Ltd. Std - Margin
Net Current Assets | -0% ₹1 Cr 00 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 (02 Feb 23) ₹2,576.28 ↑ 0.53 (0.02 %) Net Assets (Cr) ₹7,440 on 31 Dec 22 Category Debt - Money Market AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Low Expense Ratio 0.27 Sharpe Ratio -0.13 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.85% Effective Maturity 3 Months 4 Days Modified Duration 3 Months 4 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,795 31 Jan 20 ₹11,629 31 Jan 21 ₹12,298 31 Jan 22 ₹12,774 31 Jan 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 2 Feb 23 Duration Returns 1 Month 0.5% 3 Month 1.7% 6 Month 3.1% 1 Year 5.2% 3 Year 4.9% 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 1.08 Yr. Amit Sharma 7 Jul 17 5.49 Yr. Data below for UTI Money Market Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 93.56% Debt 6.44% Debt Sector Allocation
Sector Value Cash Equivalent 55.84% Corporate 31.1% Government 13.06% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 DTB 23032023
Sovereign Bonds | -6% ₹494 Cr 5,000,000,000 Federal Bank
Debentures | -2% ₹145 Cr 1,500,000,000
↑ 1,500,000,000 Kotak Mahindra Bank Ltd.
Debentures | -1% ₹93 Cr 1,000,000,000
↑ 1,000,000,000 Small Industries Development Bank of India
Debentures | -1% ₹93 Cr 1,000,000,000
↑ 1,000,000,000 Union Bank of India
Domestic Bonds | -1% ₹93 Cr 1,000,000,000
↑ 1,000,000,000 Federal Bank
Debentures | -1% ₹93 Cr 1,000,000,000
↑ 1,000,000,000 08.66 JH Sdl 2023
Sovereign Bonds | -1% ₹55 Cr 550,000,000 08.27 RJ UDAY 2023
Domestic Bonds | -1% ₹50 Cr 500,000,000 08.64 JH Sdl 2023
Sovereign Bonds | -0% ₹40 Cr 400,000,000 08.62 Mh Sdl 2023mar
Sovereign Bonds | -0% ₹35 Cr 350,000,000 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 (02 Feb 23) ₹2,971.6 ↑ 0.66 (0.02 %) Net Assets (Cr) ₹3,009 on 31 Dec 22 Category Debt - Low Duration AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.43 Sharpe Ratio -0.97 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 6.98% Effective Maturity 7 Months 20 Days Modified Duration 6 Months 11 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,740 31 Jan 20 ₹10,285 31 Jan 21 ₹10,979 31 Jan 22 ₹11,990 31 Jan 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 2 Feb 23 Duration Returns 1 Month 0.5% 3 Month 1.7% 6 Month 2.8% 1 Year 4.8% 3 Year 6.9% 5 Year 4.7% 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 1.08 Yr. Data below for UTI Treasury Advantage Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 67.99% Debt 32.01% Debt Sector Allocation
Sector Value Corporate 43.58% Cash Equivalent 38.6% Government 17.82% Credit Quality
Rating Value AA 12.63% AAA 87.37% Top Securities Holdings / Portfolio
Name Holding Value Quantity 364 Dtb 02022023
Sovereign Bonds | -8% ₹249 Cr 2,500,000,000 182 DTB 30032023
Sovereign Bonds | -5% ₹148 Cr 1,500,000,000 Cholamandalam Investment And Fin. Co. Ltd
Debentures | -4% ₹123 Cr 1,250 Axis Finance Limited
Debentures | -4% ₹115 Cr 1,150 Mahindra Rural Housing Finance Limited
Debentures | -3% ₹79 Cr 800 National Bank For Agriculture And Rural Development
Debentures | -2% ₹75 Cr 750 Tata Capital Limited
Debentures | -2% ₹59 Cr 600 Shriram Finance Limited
Debentures | -2% ₹50 Cr 500 Small Industries Development Bank Of India
Debentures | -2% ₹50 Cr 500 364 Dtb 09022023
Sovereign Bonds | -2% ₹50 Cr 500,000,000 10. UTI Ultra Short Term Fund
CAGR/Annualized return of 6.8% since its launch. Ranked 27 in Ultrashort Bond category. Return for 2022 was 4.2% , 2021 was 6.1% and 2020 was 5.3% . UTI Ultra Short Term Fund
Growth Launch Date 29 Aug 03 NAV (02 Feb 23) ₹3,593.91 ↑ 0.68 (0.02 %) Net Assets (Cr) ₹2,005 on 31 Dec 22 Category Debt - Ultrashort Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆ Risk Moderately Low Expense Ratio 0.95 Sharpe Ratio -1.9 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.01% Effective Maturity 4 Months 3 Days Modified Duration 3 Months 28 Days Growth of 10,000 investment over the years.
Date Value 31 Jan 18 ₹10,000 31 Jan 19 ₹10,717 31 Jan 20 ₹11,058 31 Jan 21 ₹11,600 31 Jan 22 ₹12,315 31 Jan 23 ₹12,864 Returns for UTI Ultra Short Term Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23 Duration Returns 1 Month 0.5% 3 Month 1.6% 6 Month 2.7% 1 Year 4.5% 3 Year 5.2% 5 Year 5.2% 10 Year 15 Year Since launch 6.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.2% 2021 6.1% 2020 5.3% 2019 3.3% 2018 7% 2017 6.6% 2016 8.9% 2015 8.5% 2014 8.8% 2013 9.8% Fund Manager information for UTI Ultra Short Term Fund
Name Since Tenure Ritesh Nambiar 1 Jul 15 7.51 Yr. Data below for UTI Ultra Short Term Fund as on 31 Dec 22
Asset Allocation
Asset Class Value Cash 65.46% Debt 34.54% Debt Sector Allocation
Sector Value Corporate 44.86% Cash Equivalent 41.03% Government 14.11% Credit Quality
Rating Value AA 17.5% AAA 82.5% Top Securities Holdings / Portfolio
Name Holding Value Quantity 91 DTB 02022023
Sovereign Bonds | -5% ₹100 Cr 1,000,000,000
↑ 1,000,000,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹50 Cr 500 Indian Railway Finance Corporation Limited
Debentures | -2% ₹50 Cr 500 National Bank For Agriculture And Rural Development
Debentures | -2% ₹50 Cr 500 Grasim Industries Limited
Debentures | -2% ₹50 Cr 500 Kotak Mahindra Prime Limited
Debentures | -2% ₹49 Cr 500 Embassy Office Parks Reit
Debentures | -2% ₹49 Cr 500
↑ 500 Canara Bank
Domestic Bonds | -2% ₹48 Cr 500,000,000
↑ 500,000,000 Federal Bank
Debentures | -2% ₹48 Cr 500,000,000
↑ 500,000,000 Canara Bank
Domestic Bonds | -2% ₹48 Cr 500,000,000
↑ 500,000,000
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