UTI - Top 100 Fund

UTI-Top 100 Fund is being managed by an established manager Swati Kulkarni. Swati has an exemplary track record. In it’s close to three years of performance the fund has outperformed its benchmark and the average returns of funds in its category in almost every period considered.

 

Where does UTI-Top 100 Fund invest your money?

UTI- Top 100 Fund is a large cap fund which means most of your money will be invested in stocks of large companies.  And just to give kicker returns the fund has some exposure in mid cap companies as well. Large cap companies tend to be more stable compared to mid cap and small cap companies. UTI- Top 100 Fund has 11% exposure to mid size companies and 3% exposure to small size companies and 86% in stocks of large companies.

Suitable for what?
  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home Purchase
Not suitable for what?
  • Creating wealth
  • Lifestyle needs
  • Short term needs
Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Recommended
How has UTI Top 100 Fund performed in the past?

If you had invested Rs 1 lakh when the fund was launched in May 2009, your value of investments would be around Rs 2.82 lakhs. 

Assume you had invested Rs 10,000 every month in UTI- Top 100 Fund through SIP for the past 3 years today you would have sadly had just around Rs 3.6 lakhs.

How will UTI Top 100 Fund perform in the future?

Needless to say no one can predict the future of markets. We have firm belief in the future prospects of the Indian economy. If the Indian economy grows at 9% then the leading companies tend to do well. When the companies do well their stock prices follows their performance. So if you expect the economy to grow at 8% then you can expect top performing mutual funds to give you returns in excess of 14%.

Mutual fund schemes that have exposure to mid size companies tend to show results when their bet on few companies comes true. We advise you to avoid too much of star gazing and future prediction.  Be reminded that equities are one of the asset classes that have the potential to beat inflation.  Your aim for core portfolio should be to beat inflation.

When to review the performance?

Once you invest in the fund do not get into the habit of checking the NAV daily or monthly. Review the performance twice a year. Too much attention is not good.

What charges apply?

If units are sold within a year an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn post one year. Expense ratio of UTI- Top 100 Fund is 2.20%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

When to exit?

Withdraw when your goals are close to achievement. Do not remove the money when the markets go up or down. Do not panic. Stick to your goals.

What are the tax implications?

The returns in an equity mutual fund are absolutely tax free, provided you do not withdraw within 1 year. UTI- Top 100 Funddoes not qualify for sec 80C ELSS benefits.

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