March 2009 UTI BOND INVESTMENT OBJECTIVE
Open-end pure debt scheme, which invests in rated corporate Debt papers and government securities with relatively low risk and easy liquidity.
Product Guide
Debt: Medium-term BASIC DETAILS
Fund Inception Fund Manager NAV (Rs) Benchmark The scheme with its stable returns and low volatility is suitable for all categories of investors with a medium term horizone. Status Plans Number of dividends in last 3 years Minimum Investment (Rs) Minimum SIP Investment (Rs) Entry Load: Nil Exit Load: 0.75 % for redemption between 0 365 days and investment upto Rs. 1 Cr. 17-Jun-98 Puneet Pal 25.12 Crisil Composite Bond Index Open-end Growth, Dividend Quarterly 12 1000 NA
FUND CHARACTERISTICS
An income schemne wih low volatility in returns. An open ended 100% pure debt fund investing in rated corporate debt papers and govt securities with relatively low risk and easy liquidity.
PERFORMANCE VIS-A-VIS BENCHMARK
RISK ANALYSIS
Standard Deviation R-Squared Sharpe Ratio Beta Alpha Fund 10.05 0.27 0.19 1.19 -1.79 Crisil Bond 3.62 0.57 -
Based on 36-month period
RETURNS (%) CALENDAR YEAR RETURNS (%)
2009* Total Return (%) Crisil Comp BFI (%) Net Assets (Rs.Cr) -9.15 -0.54 565.32 2008 18.58 8.66 459.36 2007 8.33 6.92 307.85 2006 4.92 3.97 324.11 2005 9.10 4.75 481.39 2004 1.02 -0.33 3 Month 6 Month 1 Year 3 Year 5 Year Since Launch Fund -9.15 6.61 7.22 6.80 5.94 8.91 Crisil Bond -0.54 7.28 7.35 6.42 4.52 6.01
*year to date as on 31 March 2009
QUARTERLY RETURNS (%)
Year 2009 2008 2007 2006 2005 Mar -9.15 0.48 0.54 0.51 1.72 Jun -0.69 1.57 1.18 4.84 Sep 1.27 3.20 1.95 1.42 Dec 2.79 1.19 0.87 17.35
HISTORICAL RISK/RETURN
12 10 Annualised Return 8 6 4 2 0 0 2 4 6 8 10 Annualised Std Dev 12
BEST/WORST RETURN (%)
Best
Period Fund Crisil Bond Period
Worst
Fund Crisil Bond
1 Month 3 Month 1 Year
18/11/08 - 18/12/08 03/10/08 - 02/01/09 03/01/08 - 02/01/09
11.95 19.22 20.19
5.68 7.85 8.70
02/01/09 - 03/02/09 05/01/09 - 06/04/09 16/10/03 - 15/10/04
-7.86 -9.95 -0.46
-0.66 -1.46 -1.65
UTI Bond Crisil Composite Bond Index Based on 36-month period
Returns up to 1 year are absolute and those above 1 year are annualised All data as on March 31, 2009
Value Research Analytics
March 2009 UTI BOND PORTFOLIO ANALYSIS
Top Holdings Company Canara Bank IRFC National Bank Agr. Rur. Devp G O I 02/02/2019 G O I 15/01/2017 G O I 28/08/2017 Emaar MGF Land & Pvt. National Bank Agr. Rur. Devp G O I 30/05/2021 Instruments CD NCD CP GOI Sec GOI Sec GOI Sec FRB DDB GOI Sec % 35.61 15.57 14.20 6.93 6.83 5.32 3.16 2.59 2.18 Instrument Breakup Instruments Certificate of Deposit GOI Securities Non Convertible Debenture Commercial Paper Floating Rate Bond Deep Discount Bonds Pass Through Certificate Net Current Assets
Product Guide
Debt: Medium-term
% 35.61 23.63 18.32 14.20 3.16 2.59 1.36 1.14
PERFORMANCE VIS-A-VIS PEERS
PEER PRODUCT SET
Fund Birla Sun Life Income Birla Sun Life Income Plus DSPBR Bond Retail HDFC Income ICICI Prudential Income Kotak Flexi Debt Regular Reliance Income Reliance Medium Term Templeton India Income UTI Bond Average Maturity (yrs) Current 52W Low 52W High 6.84 6.40 6.52 9.52 10.88 0.54 10.08 0.65 4.15 4.52 0.86 1.35 1.33 2.59 0.60 0.24 1.53 0.33 1.01 1.47 14.28 11.55 10.72 11.34 15.31 1.05 12.93 0.65 5.96 18.20 AAA/ P1+ 49.65 59.48 19.41 59.96 51.11 71.54 61.14 97.35 73.32 72.08 Sov. 35.26 27.75 58.10 26.17 35.65 0.00 36.24 0.00 14.33 23.62 Credit Rating Break up (%) AA& Unrated/ Cash Below Others Equivalent 1.20 0.00 0.21 6.06 9.12 25.24 1.68 0.00 0.00 3.16 0.00 0.00 0.00 0.00 0.00 1.72 0.00 0.00 0.00 0.00 13.90 12.77 22.28 7.81 4.13 1.50 0.94 2.65 12.35 1.14 AUM (Rs Cr) 907.86 2653.60 932.39 1520.63 3346.27 1046.08 2283.38 9044.15 195.29 538.53
Data as on March 31, 2009 Sovereign includes T-Bills. Cash Equivalent includes Repo, and Net Receivables / Payables.
Data as per Value Research classifications
Common Risk: 1. 2 UTI Bond Fund is only the name of the scheme of UTI Mutual Fund and does not in any manner indicate the quality of the scheme, its future prospects and returns. The scheme is subject to risks relating to Credit, Interest Rates, Liquidity, Reinvestment risks, Securities Lending and investment in Overseas Markets, Trading in debt and derivatives (the scheme specific risk could be Credit, Interest Rates, Illiquidity, Judgemental Error, Interest Rate Swaps and Forward Rate Agreements). 3. 4. 5. Past performance of the sponsor/scheme/AMC is not necessarily indicative of future results. There may be instances where no income distribution could be made. Please read the Offer Document carefully before investing.