FAQ : UTI Children’s Career Fund - Investment Plan - Scholarship

UTI Children’s Career Fund - Investment Plan - Scholarship has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 27.08 13.42 15.26 11.33
Average Rolling Returns(%) 15.67 14.49 12.43 12.03

The Current NAV of UTI Children’s Career Fund - Investment Plan - Scholarship is ₹72.41.

It is better to invest in a fund with a longer track record as UTI Children’s Career Fund - Investment Plan - Scholarship cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.

UTI Children’s Career Fund - Investment Plan - Scholarship fund’s expense ratio is 2.27%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of UTI Children’s Career Fund - Investment Plan - Scholarship is currently ₹946 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Infosys and account for 21% of its portfolio. Top 5 and 10 stocks of fund account for 28% and 42% of fund’s portfolio respectively.

Top three sectors of UTI Children’s Career Fund - Investment Plan - Scholarship fund are BFSI, IT and Auto accounting for 54% of the total portfolio.

Since this is a Solution Oriented - Children's Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of UTI Children’s Career Fund - Investment Plan - Scholarship Fund is Solution Oriented - Children's Fund.

Vishal Chopda manages the UTI Children’s Career Fund - Investment Plan - Scholarship Fund.

UTI Children’s Career Fund - Investment Plan - Scholarship current PE ratio is 0.00 and PB ratio is 0.00

The asset allocation of UTI Children’s Career Fund - Investment Plan - Scholarship is Stocks : 97.64%, Debt : 2.38% and Gold : 0%

The minimum SIP amount for UTI Children’s Career Fund - Investment Plan - Scholarship is ₹500.00 and minimum lumpsum is ₹1000.00

The exit load for UTI Children’s Career Fund - Investment Plan - Scholarship is Nil

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