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Fincash » Mutual Funds » UTI Spread Fund Direct

UTI Spread Fund - Direct - G

NAV  ₹33.8937 ↑ 0.06  (0.19 %) as on 27 Mar 24

Scheme Objective

The investment objective of the scheme is to provide capital appreciation and dividend distribution through arbitrage opportunities arising out of price differences between the cash and derivative market by investing predominantly in equity and equity-related securities, derivatives and the balance portion in debt securities. However, there can be no assurance that the investment objective of the scheme will be realised.

UTI SPREAD Fund - Direct is a Hybrid - Arbitrage fund launched on 23 Jan 13. It is a fund with Moderately Low risk and has given a CAGR return of 6.7% since its launch.  Return for 2023 was 7.8% , 2022 was 4.6% and 2021 was 4.5% .

Below is the key information for UTI SPREAD Fund - Direct

NAV as on 27 Mar 24₹33.8937 ↑ 0.06  (0.19 %)
Net Assets (AUM) as on 29 Feb 2024 ₹4,677 Cr.
Launch Date23 Jan 2013
CategoryHybrid - Arbitrage
RatingNot Rated
TypeOpen Ended Fund
RiskModerately Low
AMCUTI Asset Management Company Ltd
Alpha Ratio0.0
Expense Ratio0.31 %
Sharpe Ratio2.842
Information Ratio0.0
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load 0-30 Days (0.5%),30 Days and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Mar 24

DurationReturns
1 Month 0.6%
3 Month 2.2%
6 Month 4%
1 Year 8.3%
3 Year 6%
5 Year 5.8%
10 Year
15 Year
Since launch 6.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 7.8%
2022 4.6%
2021 4.5%
2020 5%
2019 6.7%
2018 6.7%
2017 6.2%
2016 7%
2015 8.2%

Growth of 10k Over Years

DateValue
28 Feb 19₹10,000
29 Feb 20₹10,712
28 Feb 21₹11,143
28 Feb 22₹11,680
28 Feb 23₹12,262
29 Feb 24₹13,260
UTI Spread Fund - Direct Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash99.4%
Debt0.86%
Other0.03%
UTI Spread Fund - Direct Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent92.79%
Corporate4.36%
Government3.1%
RatingValue
AAA100%
UTI Spread Fund - Direct Debt Allocation
SectorValue
Financial Services22.79%
Basic Materials10.61%
Industrials7.79%
Energy6.31%
Health Care6.03%
Communication Services5.69%
Utility4.88%
Consumer Defensive3.98%
Technology3.39%
Consumer Cyclical2.96%
Real Estate2.26%
UTI Spread Fund - Direct Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
UTI Money Market Dir Gr
Investment Fund | -
13%₹563 Cr2,011,283
↑ 197,313
Future on HDFC Bank Ltd
Derivatives | -
5%-₹236 Cr1,600,500
↑ 965,250
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK
Banks - Regional5%₹234 Cr1,600,500
↑ 965,250
Future on Reliance Industries Ltd
Derivatives | -
4%-₹179 Cr622,000
↑ 18,250
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 23 | RELIANCE
Oil & Gas Refining & Marketing4%₹177 Cr622,000
↑ 18,250
Future on State Bank of India
Derivatives | -
3%-₹152 Cr2,355,000
↑ 1,095,000
State Bank of India (Financial Services)
Equity, Since 31 May 23 | SBIN
Banks - Regional3%₹151 Cr2,355,000
↑ 1,095,000
Future on Tata Power Co Ltd
Derivatives | -
3%-₹131 Cr3,337,875
↑ 280,125
Tata Power Co Ltd (Utilities)
Equity, Since 30 Jun 20 | 500400
Utilities - Independent Power Producers3%₹130 Cr3,337,875
↑ 280,125
Future on Canara Bank
Derivatives | -
3%-₹121 Cr2,492,100
↑ 118,800
1 - 10 of 310
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Fund Managers

NameSinceTenure
Amit Sharma2 Jul 185.67 Yr.
Sharwan Kumar Goyal1 Jan 213.16 Yr.

Custodians

CompanyAddress
Bank of Nova Scotia12/13, Maker Chamber VI,220, Nariman Point
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),
Stock Holding Corporation of IndiaMittal Court, ‘B’ Wing,,Nariman Point

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
UTI Mutual FundUTI Tower , `GN' Block,,Bandra Kurla Complex,,Bandra (E)

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
UTI SPREAD Fund - Direct
Growth
₹33.8937
↑ 0.06
4.04 %8.32 %6.03 %5.82 %
UTI SPREAD Fund - Direct
Normal Dividend, Payout
₹19.8264
↑ 0.04
4.04 %8.32 %6.03 %5.48 %
UTI SPREAD Fund - Direct
Normal Dividend, Reinvestment
₹19.8264
↑ 0.04
4.04 %8.32 %6.03 %5.48 %
Data as on 27 Mar 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.