March 2009 UTI WEALTH BUILDER FUND - SERIES II Investment Objective
The objective of the Scheme is to achieve long term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related instruments along with investments in Gold ETFs & Debt and Money Market Instruments.
Product Guide
Equity Oriented Fund Basic Details
Fund Inception 19-Nov-08 Fund Manager Harsha Upadhyaya NAV (Rs) 10.84 Status Open-end Plans Growth, Dividend Minimum Investment (Rs) Retail 5000 Minimum Investment (Rs) Institutional 1 crore Benchmark - BSE 100 for the Equity part of the Portfolio. - CRISIL Bond Fund Index for Debt and Money - Market Instruments. - Price of Gold as per SEBI Regulations for Gold --ETFs in India Load Details Retail Entry Load: 2.25% for investment below Rs. 2 Cr. ; 2 Cr. & above - Nil Exit Load: 1% if redeemed within 1 year and investment below Rs. 2 Cr. ; 0.5% if redeemed within 1 year and investment of Rs. 2 Cr. & above Institutional Entry Load: For application of Rs.1Cr. & above - Nil Exit load: 0.50% if units are redeemed within 180 days and investment of Rs. 1 Cr. & above.
Asset Allocation
Instruments Indicative allocation (% of asset allocation) Minimum Equity & Equity Related Instruments Gold ETFs Debt and money market instruments (*Including securitized debt) 65 0 0 Maximum 100 35 35 High Low to medium Low to medium Risk Profile
* Debt instruments will also include securitised debt which may go up to 100 % of the debt portfolio.
Fund Profile
With a mandate of growth portfolio the fund predominantly invests in the universe of top 100 companies by market capitalization. For gold exposure, the fund invests into UTI Gold ETF. Gold historically has low correlation with equity and that's the value proposition this fund offers. The fund adopts a bottom up approach in picking up investment ideas. The fund also aims to make use of derivative to hedge against volatility.
Suitability
The fund should be part of one's core holding. The suggested holding period is 3 years & above and systematic investment plan would be appropriate mechanism for a steady portfolio build up. The fund is ideal for investors seeking diversification and long term capital appreciation with relatively less volatility. For the institutional investors the fund offers a separate plan with lower expense ratio.
Portfolio Analysis
Top 10 Stock Holdings
Company BHEL State Bank of India ITC Reliance Industries Cairn India HDFC Jai Prakash Associates GAIL Larsen & Toubro ICICI Bank % 3.55 3.43 3.38 3.19 2.89 2.81 2.64 2.57 2.11 2.09
Awards
Gloden Peacock Award for product innovation, 2009 The most innovative fund of the year award by CNBC TV 18 - Crisil , 2009
Performance (Rebased to 1,000)
1,200 Growth of Rs 1,000 1,150 1,100 1,050 1,000 950 18 Dec, 2008 15 Apr, 2009
Top 10 Sectors
Sector Banks Consumer Non Durables Industrial Capital Goods Petroleum Products Finance Power Oil Construction Gas Utilities Software % 7.50 6.98 5.66 4.68 3.94 3.42 2.89 2.64 2.57 2.08
Risk Factors: UTI Wealth Builder Fund Series II is only the name of the scheme and do not in any manner indicate either
the quality of the scheme, its future, prospects or returns. There may be instances where no income distribution could be made. The schemes are subjected to risk relating to Credit, Interest Rates, Illiquidity, Judgment Error, Interest Rate Swaps and Forward Rate Agreements. Please read Scheme Information Document carefully before investing. Golden Peacock Innovative Product/ Service Award: Instituted by the 'Institute of Directors' The 'Golden Peacock Innovative Product/ Services Award' named after India's national bird "The Peacock" will be awarded every year to the most innovative product as determined by the satisfaction of the customers long term unexpressed and unarticulated needs and aspirations in a most cost effective manner which is consistent with the society's goal of sustainable development. CRISIL Fund Awards: Evaluation methodology: The eligibility criteria and methodology for the CNBC - TV18 CRISIL Mutual Fund of the Year are as under: Category: Most Innovative Fund of the Year. Eligibility Criteria: Schemes launched in 2000 across asset categories. Methodology: Schemes are scored on the basis of product concept, marketing and distribution channels, timelines of launch and mobilization. The scheme with the highest weighted score is the "Most innovative Fund of the Year".
All data as on March 31, 2009