Date:June 27, 2009
Ref. No. MPML/MF/292/20/2009
 
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UTI TOP 100 Mutual Fund

The equity market is largely driven by Large Cap Companies / stocks. Such companies / stocks are collectively safer and provide greater scope of wealth creation, leadership position and liquidity at ease. They have potential to generate above average growth in earnings, cash flows and ability to withstand the market cycles. They have a large shareholder base and command valuation premium.

UTI Top 100 Fund is one of the funds which is based on principle of large cap investing.

Fund's Investment strategy:
  • To primarily restrict the equity portfolio to the Top 100 Indian companies. At least 65% of its corpus is in top 100 Indian companies as measured by market capitalization on BSE (stock market worth) and listed on BSE.
  • The balance would be invested in companies other than the Top 100 companies which in the opinion of the fund manger have attractive growth prospects and potential to outperform the broad market indices.
  • To actively pursue derivative strategies to hedge against volatility and enhance returns
Why UTI Top 100 Fund ?
  • Portfolio of Top 100 Companies. Companies in the portfolio have the potential to withstand volatility and sustain through different market cycles.
  • To build a long term growth portfolio - large caps by their nature have a longer and sustainable growth cycle.
  • “Star Fund House of the Year - Equity” award (ICRA) bestowed on UTI Mutual Fund is an evidence of fund management capability.
Why Invest now ?

With Govt stimulus package across economies, we have started seeing some positive signals. The recent market rally and changing investor's sentiment bode well for equity investment. India 's dependence on domestic consumption makes it stands apart compared to others in league that rely on export driven economy model. The strong gross domestic savings rate and positive infrastructure spending outlook (outstanding project investment) augur well for growth. We are poised to take good benefit of this and build a long term portfolio. Overall, due to large cap orientation the fund is positioned to take advantage of strong macro economic fundamentals.

Fund suitability:
  • First time equity investors who are looking for a stable portfolio
  • Suitable for investors seeking long-term growth of capital and for whom current income is a secondary consideration.
Fund Facts:

 

Nature of Scheme

aAn open ended equity oriented scheme

Investment Objective:

 

aThe fund aims to provide long term capital appreciation/dividend distribution aby investing predominantly in equity and equity related instruments of top a100 stocks by market capitalisation..

Asset allocation

Instruments

Normal Allocation

(% of net assets)

Risk Profile

aEquity and Equity related ainstruments of top 100 stocks by amarket capitalisation

65-100%

High

aOther equity or equity related ainstruments

0-35%

High

aDebt and Money Market ainstruments including securitised adebt.*

0-35%

Low to Medium

* The fund may invest upto 100% of its debt portfolio in securitised debt.

Minimum Investment

aRs.5000/-

Current NAV

aGrowth - Rs. 22.50

aDividend - Rs. 19.50

Option

aDividend ( with payout and Reinvestment option) & Growth

Load Structure

aApplication aSize

 

Entry Load

Exit Load

< Rs. 2 Crs

2.25%

In respect of each purchase/switch-in of units less than Rs.2 Crs in value, an exit load of 1% is payable if units are redeemed/switched out on or before 180 days from the date of investment.

 

 

 

Benchmark Index

aBSE 100

Fund Manager

aHarsha Upadhyaya

 

Please read the Scheme Information Document carefully before investing.

Members are requested to click here to place order via email for applying under power of attorney assigned to us.

Non members are requested to Click here to download the form. Please send this duly filled form, PAN card copy and email it to us at mail@mideastportfolio.com or call us on 91-22-28240444 for placing an order or any other assistance required by you.

 

Thanks and Regards,

PMS Team

 

 

 

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