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Fincash » Mutual Funds » New Zealand-Based NRIs to Invest in Mutual Funds India

Mutual Funds for New Zealand-Based NRI Investing in India

Updated on January 31, 2023 , 1339 views

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.

New-Zealand-NRI

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

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2022 (%)
UTI Dynamic Bond Fund Growth ₹25.8927
↑ 0.01
₹3641.52.611.49.85.710.1
UTI Banking & PSU Debt Fund Growth ₹18.3807
↑ 0.00
₹52722.310.97.35.510.3
Sundaram Rural and Consumption Fund Growth ₹60.7925
↑ 0.33
₹1,179-5.6-0.74.511.17.59.3
L&T India Value Fund Growth ₹60.7057
↑ 0.34
₹8,0760.87.31.218.29.95.2
L&T Emerging Businesses Fund Growth ₹47.5667
↑ 0.40
₹8,6970.35.50.326.311.61
BNP Paribas Multi Cap Fund Growth ₹73.5154
↓ -0.01
₹588-4.6-2.619.317.313.6
UTI Bond Fund Growth ₹61.4032
↑ 0.02
₹2822311.58.63.89.9
UTI Money Market Fund Growth ₹2,576.28
↑ 0.53
₹7,4401.73.15.24.96.14.9
UTI Treasury Advantage Fund Growth ₹2,971.6
↑ 0.66
₹3,0091.72.84.86.94.74.5
UTI Ultra Short Term Fund Growth ₹3,593.91
↑ 0.68
₹2,0051.62.74.55.25.24.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 Feb 23

1. UTI Dynamic Bond Fund

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 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% .

Below is the key information for UTI Dynamic Bond Fund

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.

DateValue
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

UTI Dynamic Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for UTI Dynamic Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Sudhir Agarwal1 Dec 211.08 Yr.

Data below for UTI Dynamic Bond Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash73.43%
Debt26.57%
Debt Sector Allocation
SectorValue
Cash Equivalent53.83%
Government35.8%
Corporate10.37%
Credit Quality
RatingValue
AA7.18%
AAA92.82%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38% Govt Stock 2027
Sovereign Bonds | -
13%₹50 Cr500,000,000
7.26% Govt Stock 2032
Sovereign Bonds | -
7%₹25 Cr250,000,000
↓ -850,000,000
182 DTB 23032023
Sovereign Bonds | -
4%₹15 Cr150,000,000
Punjab National Bank
Debentures | -
3%₹10 Cr100
Can Fin Homes Limited
Debentures | -
3%₹10 Cr100
Tata Capital Limited
Debentures | -
1%₹5 Cr50
Net Current Assets
Net Current Assets | -
50%₹186 Cr
Canara Bank
Certificate of Deposit | -
7%₹25 Cr250,000,000
Export-Import Bank Of India
Certificate of Deposit | -
7%₹25 Cr250,000,000
Small Industries Development Bank Of India
Certificate of Deposit | -
6%₹24 Cr250,000,000

2. UTI Banking & PSU Debt Fund

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 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% .

Below is the key information for UTI Banking & PSU Debt Fund

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.

DateValue
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

UTI Banking & PSU Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for UTI Banking & PSU Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Anurag Mittal1 Dec 211.08 Yr.

Data below for UTI Banking & PSU Debt Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash3.48%
Debt96.52%
Debt Sector Allocation
SectorValue
Government50.93%
Corporate45.59%
Cash Equivalent3.48%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38% Govt Stock 2027
Sovereign Bonds | -
24%₹126 Cr1,250,000,000
↑ 50,000,000
National Housing Bank
Debentures | -
7%₹40 Cr400
Power Finance Corporation Ltd.
Debentures | -
7%₹35 Cr350
Axis Bank Limited
Debentures | -
6%₹30 Cr300
National Bank For Agriculture And Rural Development
Debentures | -
5%₹26 Cr250
Export Import Bank Of India
Debentures | -
5%₹25 Cr250
Indian Railway Finance Corporation Limited
Debentures | -
5%₹25 Cr250
Small Industries Development Bank Of India
Debentures | -
5%₹25 Cr250
Rec Limited
Debentures | -
5%₹25 Cr250
ICICI Bank Limited
Debentures | -
4%₹24 Cr250

3. Sundaram Rural and Consumption Fund

(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 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% .

Below is the key information for Sundaram Rural and Consumption Fund

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.

DateValue
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

Sundaram Rural and Consumption Fund SIP Returns

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

Returns for Sundaram Rural and Consumption Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Ratish Varier1 Jan 221 Yr.
Ashish Aggarwal1 Jan 221 Yr.

Data below for Sundaram Rural and Consumption Fund as on 31 Dec 22

Equity Sector Allocation
SectorValue
Consumer Cyclical38.63%
Consumer Defensive31.91%
Communication Services9.22%
Financial Services2.44%
Health Care2.32%
Basic Materials2.08%
Industrials1.84%
Real Estate1.79%
Asset Allocation
Asset ClassValue
Cash9.75%
Equity90.25%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 16 | HINDUNILVR
10%₹116 Cr453,308
Titan Co Ltd (Consumer Cyclical)
Equity, Since 29 Feb 20 | TITAN
6%₹76 Cr293,714
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 13 | ITC
5%₹60 Cr1,820,266
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 12 | MARUTI
5%₹60 Cr71,550
↑ 3,759
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 22 | BHARTIARTL
5%₹59 Cr734,479
↑ 118,466
United Spirits Ltd (Consumer Defensive)
Equity, Since 31 Dec 18 | MCDOWELL-N
4%₹47 Cr536,743
↑ 59,469
Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | CROMPTON
4%₹45 Cr1,325,453
↓ -150,000
Page Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | PAGEIND
3%₹39 Cr9,138
Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | VBL
3%₹35 Cr263,496
↓ -154,587
Safari Industries (India) Ltd (Consumer Cyclical)
Equity, Since 28 Feb 22 | 523025
3%₹31 Cr184,544
↑ 4,394

4. L&T India Value Fund

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

L&T India Value Fund is a Equity - Value fund was launched on 8 Jan 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.8% since its launch.  Ranked 4 in Value category.  Return for 2022 was 5.2% , 2021 was 40.3% and 2020 was 14.6% .

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

L&T India Value Fund
Growth
Launch Date 8 Jan 10
NAV (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.

DateValue
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

L&T India Value Fund SIP Returns

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

Returns for L&T India Value Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

DurationReturns
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
YearReturns
2022 5.2%
2021 40.3%
2020 14.6%
2019 4.6%
2018 -11.4%
2017 41.3%
2016 8.1%
2015 12.9%
2014 74.1%
2013 6.6%
Fund Manager information for L&T India Value Fund
NameSinceTenure
Venugopal Manghat24 Nov 1210.11 Yr.
Vihang Naik17 Dec 193.04 Yr.

Data below for L&T India Value Fund as on 31 Dec 22

Equity Sector Allocation
SectorValue
Financial Services28.87%
Basic Materials15.5%
Industrials11.63%
Consumer Cyclical9.45%
Technology8.19%
Consumer Defensive6.69%
Health Care5.36%
Utility4.3%
Real Estate2.82%
Energy2.73%
Communication Services2.43%
Asset Allocation
Asset ClassValue
Cash2.05%
Equity97.95%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK
7%₹597 Cr6,698,800
↓ -222,100
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
4%₹354 Cr5,766,900
NTPC Ltd (Utilities)
Equity, Since 30 Apr 22 | NTPC
4%₹347 Cr20,864,600
Infosys Ltd (Technology)
Equity, Since 31 Dec 10 | INFY
4%₹303 Cr2,010,000
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Mar 17 | SUNPHARMA
4%₹303 Cr3,023,400
The Federal Bank Ltd (Financial Services)
Equity, Since 31 Oct 20 | FEDERALBNK
4%₹299 Cr21,478,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | HDFCBANK
4%₹289 Cr1,777,300
ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 15 | ITC
3%₹245 Cr7,395,300
↓ -958,300
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M
3%₹222 Cr1,778,800
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 15 | RELIANCE
3%₹221 Cr865,900

5. L&T Emerging Businesses Fund

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

L&T Emerging Businesses Fund is a Equity - Small Cap fund was launched on 12 May 14. It is a fund with High risk and has given a CAGR/Annualized return of 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% .

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

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.

DateValue
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

L&T Emerging Businesses Fund SIP Returns

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

Returns for L&T Emerging Businesses Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

DurationReturns
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
YearReturns
2022 1%
2021 77.4%
2020 15.5%
2019 -8.1%
2018 -13.7%
2017 66.5%
2016 10.2%
2015 12.3%
2014
2013
Fund Manager information for L&T Emerging Businesses Fund
NameSinceTenure
Venugopal Manghat17 Dec 193.04 Yr.
Vihang Naik17 Dec 193.04 Yr.

Data below for L&T Emerging Businesses Fund as on 31 Dec 22

Equity Sector Allocation
SectorValue
Industrials33.99%
Basic Materials17.39%
Consumer Cyclical16.06%
Financial Services8.99%
Technology6.89%
Real Estate5.69%
Consumer Defensive5.04%
Health Care2.69%
Energy1.16%
Communication Services0.08%
Asset Allocation
Asset ClassValue
Cash2.04%
Equity97.96%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | KPRMILL
3%₹263 Cr5,081,639
RHI Magnesita India Ltd (Industrials)
Equity, Since 31 Aug 18 | RHIM
3%₹253 Cr3,018,479
JK Lakshmi Cement Ltd (Basic Materials)
Equity, Since 31 Oct 20 | JKLAKSHMI
3%₹232 Cr2,845,600
↑ 111,765
City Union Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | CUB
3%₹218 Cr12,108,492
E I D Parry India Ltd (Consumer Defensive)
Equity, Since 31 Jan 20 | EIDPARRY
2%₹216 Cr3,804,620
Indian Bank (Financial Services)
Equity, Since 31 Jan 22 | INDIANB
2%₹216 Cr7,556,600
Apar Industries Ltd (Industrials)
Equity, Since 31 Mar 17 | APARINDS
2%₹212 Cr1,184,900
Grindwell Norton Ltd (Industrials)
Equity, Since 30 Sep 17 | GRINDWELL
2%₹201 Cr1,127,322
↓ -100,000
Carborundum Universal Ltd (Industrials)
Equity, Since 31 Jul 16 | CARBORUNIV
2%₹197 Cr2,249,700
KEI Industries Ltd (Industrials)
Equity, Since 31 Jan 20 | KEI
2%₹195 Cr1,329,400

6. BNP Paribas Multi Cap Fund

(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 CAGR/Annualized return of 12.9% since its launch.  Ranked 18 in Multi Cap category. .

Below is the key information for BNP Paribas Multi Cap Fund

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.

DateValue
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

BNP Paribas Multi Cap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for BNP Paribas Multi Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

DurationReturns
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
YearReturns
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Fund Manager information for BNP Paribas Multi Cap Fund
NameSinceTenure

Data below for BNP Paribas Multi Cap Fund as on 31 Jan 22

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

7. UTI Bond Fund

(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 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% .

Below is the key information for UTI Bond Fund

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.

DateValue
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

UTI Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹191,330.
Net Profit of ₹11,330
Invest Now

Returns for UTI Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Amandeep Chopra31 Jan 1210.93 Yr.

Data below for UTI Bond Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash18.58%
Debt81.42%
Debt Sector Allocation
SectorValue
Government65.5%
Cash Equivalent18.58%
Corporate15.91%
Credit Quality
RatingValue
AA1.96%
AAA98.04%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.26% Govt Stock 2032
Sovereign Bonds | -
26%₹75 Cr750,000,000
↓ -100,000,000
7.38% Govt Stock 2027
Sovereign Bonds | -
18%₹50 Cr500,000,000
7.41% Govt Stock 2036
Sovereign Bonds | -
11%₹30 Cr300,000,000
Bajaj Finance Limited
Debentures | -
9%₹25 Cr250
7.42% Govt Stock 2033
Sovereign Bonds | -
9%₹25 Cr250,000,000
Kotak Mahindra Bank Limited
Debentures | -
5%₹15 Cr150
07.69 Tn SDL 2037
Sovereign Bonds | -
2%₹5 Cr50,000,000
Piramal Capital & Housing Finance Limited
Debentures | -
2%₹5 Cr61,600
Net Current Assets
Net Current Assets | -
18%₹52 Cr
Clearing Corporation Of India Ltd. Std - Margin
Net Current Assets | -
0%₹1 Cr00

8. UTI Money Market Fund

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 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% .

Below is the key information for UTI Money Market Fund

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.

DateValue
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

UTI Money Market Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for UTI Money Market Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Anurag Mittal1 Dec 211.08 Yr.
Amit Sharma7 Jul 175.49 Yr.

Data below for UTI Money Market Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash93.56%
Debt6.44%
Debt Sector Allocation
SectorValue
Cash Equivalent55.84%
Corporate31.1%
Government13.06%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 DTB 23032023
Sovereign Bonds | -
6%₹494 Cr5,000,000,000
Federal Bank
Debentures | -
2%₹145 Cr1,500,000,000
↑ 1,500,000,000
Kotak Mahindra Bank Ltd.
Debentures | -
1%₹93 Cr1,000,000,000
↑ 1,000,000,000
Small Industries Development Bank of India
Debentures | -
1%₹93 Cr1,000,000,000
↑ 1,000,000,000
Union Bank of India
Domestic Bonds | -
1%₹93 Cr1,000,000,000
↑ 1,000,000,000
Federal Bank
Debentures | -
1%₹93 Cr1,000,000,000
↑ 1,000,000,000
08.66 JH Sdl 2023
Sovereign Bonds | -
1%₹55 Cr550,000,000
08.27 RJ UDAY 2023
Domestic Bonds | -
1%₹50 Cr500,000,000
08.64 JH Sdl 2023
Sovereign Bonds | -
0%₹40 Cr400,000,000
08.62 Mh Sdl 2023mar
Sovereign Bonds | -
0%₹35 Cr350,000,000

9. UTI Treasury Advantage Fund

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 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% .

Below is the key information for UTI Treasury Advantage Fund

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.

DateValue
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

UTI Treasury Advantage Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹194,235.
Net Profit of ₹14,235
Invest Now

Returns for UTI Treasury Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Anurag Mittal1 Dec 211.08 Yr.

Data below for UTI Treasury Advantage Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash67.99%
Debt32.01%
Debt Sector Allocation
SectorValue
Corporate43.58%
Cash Equivalent38.6%
Government17.82%
Credit Quality
RatingValue
AA12.63%
AAA87.37%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
364 Dtb 02022023
Sovereign Bonds | -
8%₹249 Cr2,500,000,000
182 DTB 30032023
Sovereign Bonds | -
5%₹148 Cr1,500,000,000
Cholamandalam Investment And Fin. Co. Ltd
Debentures | -
4%₹123 Cr1,250
Axis Finance Limited
Debentures | -
4%₹115 Cr1,150
Mahindra Rural Housing Finance Limited
Debentures | -
3%₹79 Cr800
National Bank For Agriculture And Rural Development
Debentures | -
2%₹75 Cr750
Tata Capital Limited
Debentures | -
2%₹59 Cr600
Shriram Finance Limited
Debentures | -
2%₹50 Cr500
Small Industries Development Bank Of India
Debentures | -
2%₹50 Cr500
364 Dtb 09022023
Sovereign Bonds | -
2%₹50 Cr500,000,000

10. UTI Ultra Short Term Fund

(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 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% .

Below is the key information for UTI Ultra Short Term Fund

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.

DateValue
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

UTI Ultra Short Term Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for UTI Ultra Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Feb 23

DurationReturns
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
YearReturns
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
NameSinceTenure
Ritesh Nambiar1 Jul 157.51 Yr.

Data below for UTI Ultra Short Term Fund as on 31 Dec 22

Asset Allocation
Asset ClassValue
Cash65.46%
Debt34.54%
Debt Sector Allocation
SectorValue
Corporate44.86%
Cash Equivalent41.03%
Government14.11%
Credit Quality
RatingValue
AA17.5%
AAA82.5%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
91 DTB 02022023
Sovereign Bonds | -
5%₹100 Cr1,000,000,000
↑ 1,000,000,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹50 Cr500
Indian Railway Finance Corporation Limited
Debentures | -
2%₹50 Cr500
National Bank For Agriculture And Rural Development
Debentures | -
2%₹50 Cr500
Grasim Industries Limited
Debentures | -
2%₹50 Cr500
Kotak Mahindra Prime Limited
Debentures | -
2%₹49 Cr500
Embassy Office Parks Reit
Debentures | -
2%₹49 Cr500
↑ 500
Canara Bank
Domestic Bonds | -
2%₹48 Cr500,000,000
↑ 500,000,000
Federal Bank
Debentures | -
2%₹48 Cr500,000,000
↑ 500,000,000
Canara Bank
Domestic Bonds | -
2%₹48 Cr500,000,000
↑ 500,000,000

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