UTI Focused Equity Fund is an open-ended equity scheme investing in maximum 30 stocks across market caps. This fund is suitable for investor who are seeking long term capital growth and investment in equity and equity related security across market capitalization in maximum 30 stocks.
Asset Allocation:
|
Instrument |
Indicative
Allocation (% of total assets). |
Risk
Profile |
|
|
Minimum |
Maximum |
||
|
Equity
and equity related instruments (Maximum 30 stocks) |
65% |
100% |
High |
|
Debt and Money Market instruments, including securitized debt* |
0% |
25% |
Low
to Medium |
|
Units
issued by REITs & InveITs |
0% |
10% |
Medium
to High |
Important: The fund may be invested up to 50% of its debt portfolio in securitized debt.
The Scheme may invest in corporate debt through Repo. The scheme's gross exposure to repo transactions in corporate debt securities shall not exceed 10% of the scheme's net asset value, or such other limitations as may be authorized by SEBI from time to time.
Securities lending may account for up to 20% of the Scheme's net assets. Short selling and credit default swaps are not permitted under the Scheme.
The primary and secondary markets would be used to invest in stocks.
Margin money used to hedge these holdings (equity and/or debt derivatives) would fall within the purview of the Money Market category.
Exit Load:
Under this scheme, any sum withdrawn in less than one year will incur a 1% exit load fee, whereas any amount withdrawn after or equal to one year will incur no exit load charge.
Minimum Application Amount:
The minimum investment amount for a lump-sum investment is Rs.5000/-followed by multiples of Rs.1/-with no higher limit, while the minimum investment amount for a systematic investment plan is Rs.1000/-.
Fund Managers:
- Mr. Vetri Subramaniam (B.com, PGDM)
- Mr. Kamal Gada (B.com, CA, CS, CFA) dedicated fund manager for overseas investments.
