UTI-Mid Cap Fund – Direct Growth

Equity · Mid Cap
 · ★★★
500
Min SIP
5,000
Min Lumpsum
0.8 %
Expense Ratio
★★★
Rating
8,881
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 29 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 22% 28.7% 20.1% 19.6%
Category Average 32.6% 33.8% 20.8% -

Scheme Allocation

By Holding
By Sector
By Asset
2.48%
Others
86.92%
View all Holdings
Holdings Sector Instrument Asset
Cholaman.Inv.&Fn Finance Equity 2.93%
Shriram Finance Finance Equity 2.76%
APL Apollo Tubes Steel Equity 2.55%
Federal Bank Banks Equity 2.48%
Polycab India Cables Equity 2.36%
Bharat Forge Castings, Forgings & Fastners Equity 2.32%
Coforge IT - Software Equity 2.29%
Tube Investments Auto Ancillaries Equity 2.14%
Astral Plastic products Equity 2.1%
Alkem Lab Pharmaceuticals Equity 1.97%
Bharat Electron Electronics Equity 1.96%
P I Industries Agro Chemicals Equity 1.95%
Jubilant Food. Quick Service Restaurant Equity 1.93%
Phoenix Mills Realty Equity 1.8%
Ashok Leyland Automobile Equity 1.76%
J K Cements Cement Equity 1.71%
Sundram Fasten. Auto Ancillaries Equity 1.67%
Max Financial Finance Equity 1.65%
Endurance Tech. Auto Ancillaries Equity 1.61%
Persistent Sys IT - Software Equity 1.6%
Syngene Intl. Pharmaceuticals Equity 1.59%
Page Industries Readymade Garments/ Apparells Equity 1.57%
3M India Diversified Equity 1.52%
Kajaria Ceramics Ceramic Products Equity 1.51%
Motherson Wiring Auto Ancillaries Equity 1.47%
Grindwell Norton Capital Goods-Non Electrical Equipment Equity 1.47%
Schaeffler India Bearings Equity 1.43%
Mphasis IT - Software Equity 1.39%
Balkrishna Inds Tyres Equity 1.39%
Dr Lal Pathlabs Healthcare Equity 1.25%
CIE Automotive Castings, Forgings & Fastners Equity 1.24%
Karur Vysya Bank Banks Equity 1.22%
Coromandel Inter Fertilizers Equity 1.2%
Crompton Gr. Con Consumer Durables Equity 1.19%
City Union Bank Banks Equity 1.16%
L&T Technology IT - Software Equity 1.13%
ICICI Lombard Insurance Equity 1.13%
Star Health Insu Insurance Equity 1.07%
United Breweries Alcoholic Beverages Equity 1.06%
Whirlpool India Consumer Durables Equity 1.05%
Volt.Transform. Capital Goods - Electrical Equipment Equity 1.03%
Voltas Consumer Durables Equity 1.01%
CreditAcc. Gram. Finance Equity 1.01%
Gujarat Gas Gas Distribution Equity 1.01%
PB Fintech. IT - Software Equity 0.98%
Escorts Kubota Automobile Equity 0.98%
La Opala RG Glass & Glass Products Equity 0.98%
The Ramco Cement Cement Equity 0.98%
Apollo Hospitals Healthcare Equity 0.95%
Emami FMCG Equity 0.94%
MTAR Technologie Engineering Equity 0.93%
Metro Brands Leather Equity 0.93%
LTIMindtree IT - Software Equity 0.92%
NHPC Ltd Power Generation & Distribution Equity 0.91%
Biocon Pharmaceuticals Equity 0.91%
Muthoot Finance Finance Equity 0.89%
Honeywell Auto Electronics Equity 0.89%
Indian Bank Banks Equity 0.88%
Narayana Hrudaya Healthcare Equity 0.83%
Praj Industries Capital Goods-Non Electrical Equipment Equity 0.76%
AAVAS Financiers Finance Equity 0.74%
V I P Inds. Plastic products Equity 0.74%
Vedant Fashions Retail Equity 0.69%
J B Chem & Pharm Pharmaceuticals Equity 0.68%
Zydus Lifesci. Pharmaceuticals Equity 0.66%
Vardhman Textile Textiles Equity 0.6%
Aarti Industries Chemicals Equity 0.59%
PNC Infratech Construction Equity 0.59%
Team Lease Serv. Miscellaneous Equity 0.58%
Metropolis Healt Healthcare Equity 0.57%
ERIS Lifescience Pharmaceuticals Equity 0.54%
Prestige Estates Realty Equity 0.52%
Lupin Pharmaceuticals Equity 0.48%
IFB Industries Consumer Durables Equity 0.47%
MOIL Mining & Mineral products Equity 0.46%
SRF Chemicals Equity 0.39%
Indian Hotels Co Hotels & Restaurants Equity 0.31%
Laurus Labs Pharmaceuticals Equity 0.3%
Aarti Pharma Pharmaceuticals Equity 0.12%
Aditya AMC Finance Equity 0.04%
Del Dot Systems Miscellaneous Equity 0%
Auto Components
11.52%
Industrial Products
10.58%
Finance
8.73%
Consumer Durables
8.18%
Pharmaceuticals & Biotech
5.85%
Others
55.14%
View all Sectors
Sectors Asset
Auto Components 11.52%
Industrial Products 10.58%
Finance 8.73%
Consumer Durables 8.18%
Pharmaceuticals & Biotech 5.85%
Banks 5.82%
IT-Software 5.73%
Healthcare Services 5.66%
Insurance 3.68%
Fertilisers & Agrochemica 3.18%
Aerospace & Defense 2.8%
Cement & Cement Products 2.78%
Cash & Others 2.68%
Agricultural, Commercial 2.63%
Leisure Services 2.35%
Realty 2.27%
Textiles & Apparels 2.03%
Industrial Manufacturing 1.72%
Diversified 1.45%
Gas 1.12%
Beverages 1.11%
IT-Services 1.07%
Power 0.97%
Chemicals & Petrochemical 0.95%
Electrical Equipments 0.85%
Personal Products 0.85%
Financial Technology (Fin 0.84%
Construction 0.73%
Retailing 0.66%
Commercial Services & Sup 0.59%
Minerals & Mining 0.37%
Debt 0.18%
Capital Markets 0.05%
Others 0.02%
Equity
96.37%
Net Curr Ass/Net Receivables
3.39%
T-Bills
0.18%
Fixed Deposit
0.02%
Others
0.04%

Advance Ratio

1.32
Alpha
4.23
SD
0.86
Beta
1.87
Sharpe

Exit Load

Exit Load 1.00% - If redeemed / switched out less than one year from the date of allotment. Nil - If redeemed / switched out greater than or equal to one year from the date of allotment.

Fund Objective

The UTI-Mid Cap Fund is a diversified equity scheme launched on 7th April 2004 by UTI Mutual Fund.

The scheme distributes the majority of its investments across the financial services, capital goods, automobile and auto components, consumer durables, healthcare, IT, and chemicals sectors. It is managed by Ankit Agarwal.

The scheme’s investment objective is to achieve long-term capital appreciation by predominantly investing in equities and equity-related securities of mid-cap companies in India. The scheme aims to achieve its investment objective by investing in companies with scalable business models and substantial growth prospects.

The UTI-Mid Cap Fund invests at least 65% of its assets in mid-cap companies. Mid-cap companies are those which are ranked between 101st and 250th based on market capitalisation. The scheme has the flexibility to invest up to 35% of its assets in debt and money market instruments.

Pros & Cons

Pros

Cons

Since its inception, the UTI-Mid Cap Fund has delivered higher returns than its benchmark, the Nifty Midcap 150 TRI Index. 3-year and 5-year annualised returns for this scheme are lower than the average for its category and its benchmark.
The scheme has had a higher Sharpe ratio in the past 3 years compared to its category average, indicating that it has provided increased returns for each unit of additional risk. In the past 3 years, the scheme has lagged behind its category average with a lower alpha, indicating underperformance.
In the past 5 years, the Nifty Midcap 150 TRI Index’s price-to-earnings ratio has grown significantly compared to the Nifty 50 Index, indicating more significant long-term growth potential for mid-cap companies. Over the past 3 years, UTI Mid-Cap Fund has shown higher volatility, with a higher standard deviation and beta than the average in its category.

Who should invest in UTI-Mid Cap Fund?

The UTI Mid-Cap Fund is ideal for investors seeking capital growth and mid-cap stock exposure. The scheme implements a multi-stock investment strategy, diversifying holdings across over 60 stocks. Mid-cap stocks are often associated with a higher return potential than their large-cap counterparts and provide greater portfolio diversification benefits, making the UTI-Mid Cap Fund a suitable choice for investors considering these factors in their investment decisions.

The scheme is a well-regarded investment option in the Mid Cap category. The scheme has generated an average annual return of 18.3% since its inception. Its consistent performance, cost-effectiveness, and effective investment methodology have made it a sought-after investment choice among investors.

The UTI-Mid Cap Fund is ideal for investors with a 5-year or longer investment outlook and a very high tolerance for risk. However, if you prefer lower risk or a shorter investment horizon, other investment options may be more suitable for you than the UTI-Mid Cap Fund.

What are the benefits of investing in the UTI-Mid Cap Fund?

● The UTI-Mid Cap Fund has generated a CAGR of 18.3% since its inception, outperforming its benchmark, the Nifty Midcap 150 TRI Index.
● The scheme is open to investing in good companies undergoing short-term challenges or transformation and has the flexibility to stay invested in mid-cap companies that grow into large-cap status.
● The UTI-Mid Cap Fund prioritises companies with scalable business models and long-term growth potential, allowing investment opportunities in promising businesses.
● The scheme provides a balance between risk and growth potential, as it is less risky than small-cap funds and offers higher growth opportunities than large-cap funds.
● The UTI-Mid Cap Fund implements a “bottom-up stock selection” strategy. This method focuses on evaluating each company’s performance rather than being influenced by broader market trends or economic factors. This approach has the potential to generate higher returns for investors.
● It demonstrates better risk-adjusted performance than the category average, as indicated by higher Sharpe and Treynor ratios.

Fund Managers

Ankit Agarwal

After acquiring his B.Tech degree in computer science from the Indian Institute of Technology (IIT), Delhi, Mr. Ankit Agarwal went to the Indian Institute of Management(IIM) at Ahmedabad and subsequently earned a Master’s degree in Business Administration (MBA). With his strong education qualifications, he was hired by Deutsche Bank. He worked in credit trading for more than six years, initially as an associate and later as the vice president. He later worked at Bank of America as the Director and vice president, gaining immense experience in the banking segment. In December 2018, he co-founded Navi, a financial services company, and has since served as its CFO.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

UTI Mutual Fund
AUM:
2,48,191 Cr
Address:
UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051
Contact:
66786666
Email ID:
service@uti.co.in

Frequently Asked Questions

How to invest in UTI-Mid Cap Fund – Direct Growth ?

You can invest in UTI-Mid Cap Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for UTI-Mid Cap Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of UTI-Mid Cap Fund – Direct Growth ?

The NAV of UTI-Mid Cap Fund – Direct Growth is ₹249.4 as of 29 September 2023.

How to redeem UTI-Mid Cap Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of UTI-Mid Cap Fund – Direct Growth?

The minimum SIP amount of UTI-Mid Cap Fund – Direct Growth is ₹500

What are the top sectors UTI-Mid Cap Fund – Direct Growth has invested in?

The top sectors UTI-Mid Cap Fund – Direct Growth has invested in are
  1. Auto Components - 11.52%
  2. Industrial Products - 10.58%
  3. Finance - 8.73%
  4. Consumer Durables - 8.18%
  5. Pharmaceuticals & Biotech - 5.85%

Can I make investments in both the SIP and Lump Sum schemes of UTI-Mid Cap Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of UTI-Mid Cap Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have UTI-Mid Cap Fund – Direct Growth generated ?

The UTI-Mid Cap Fund – Direct Growth has delivered 19.6% since inception

What is the expense ratio of UTI-Mid Cap Fund – Direct Growth ?

The expense ratio of UTI-Mid Cap Fund – Direct Growth is 0.8 % as of 29 September 2023.

What is the AUM of UTI-Mid Cap Fund – Direct Growth?

The AUM of UTI-Mid Cap Fund – Direct Growth is ₹2,48,191 Cr as of 29 September 2023

What are the top stock holdings of UTI-Mid Cap Fund – Direct Growth?

The top stock holdings of UTI-Mid Cap Fund – Direct Growth are
  1. Cholaman.Inv.&Fn - 2.93%
  2. Shriram Finance - 2.76%
  3. APL Apollo Tubes - 2.55%
  4. Federal Bank - 2.48%
  5. Polycab India - 2.36%

How can I redeem my investments in UTI-Mid Cap Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select UTI-Mid Cap Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

Is there any lock-in period for UTI-Mid Cap Fund - Direct Growth?

No, there is no lock-in period for UTI-Mid Cap Fund – Direct Growth.

Invest Now