March 2009 UTI OPPORTUNITIES INVESTMENT OBJECTIVE
The scheme seeks to generate capital appreciation and/ or income distribution by investing the funds of the scheme in equity shares and equity related instruments. The focus of the scheme is to capitalize on opportunities arising in the market by responding to the dynamically changing Indian economy by moving its investments amongst different sectors as prevailing trends change.
Product Guide
Specialty Diversified Equity Fund BASIC DETAILS
Fund Inception 20-Jul-05 Fund Manager Harsha Upadhyaya NAV (Rs) 12.79 Benchmark BSE 100 Status Open-end Plans Growth, Dividend Number of dividends in last 3 years 3 Minimum Investment (Rs) 5000 Minimum SIP Investment (Rs) 500 Entry Load: 2.25% for investment below Rs. 2 Cr. Exit Load: 1% for redemption between 0 - 180 days and investment below Rs. 2 Cr. and 0.5% for redemption between 0 - 180 days and investment of Rs. 2 Cr. and above
FUND CHARACTERISTICS
Specialty diversified equity funds invest in stocks of a predefined character. UTI Opportunities employs a focused investment strategy by investing in the promising sectors of the economy in a concentrated way. May frequently move its investments amongst different sectors in response to the changing trends. May also take concentrated bets in stocks facing special situations like merger, split, turnaround, new product launch etc. Suitable for investors looking to supplement their core equity portfolio with an aggressive, high return potential fund.
PERFORMANCE VIS-A-VIS BENCHMARK RISK ANALYSIS
Standard Deviation R-Squared Sharpe Ratio Beta Alpha Fund 28.13 0.89 -0.23 0.85 -3.10 BSE 100 32.93 -0.17 -
Based on 36-month period
RETURNS (%) CALENDAR YEAR RETURNS (%)
2009* Total Return (%) BSE 100 (%) Net Assets (Rs.Cr) 5.01 -0.91 335.42 2008 -49.04 -55.28 331.82 2007 71.33 59.74 645.73 2006 10.89 40.97 566.84 2005 570.92 2004 3 Month 6 Month 1 Year 3 Year 5 Year Since Launch Fund 5.01 -12.52 -27.62 -5.20 6.88 BSE 100 -0.91 -26.14 -39.97 -5.75 6.27
*year to date as on 31 March 2009
QUARTERLY RETURNS (%)
Year 2009 2008 2007 2006 2005 Mar 5.01 -26.07 -5.30 19.32 Jun -12.96 18.40 -17.46 Sep -4.94 20.08 13.48 Dec -16.69 27.26 -0.78 8.08
SIP RETURNS
Period 1 Year 3 Year 5 Year SIP of Rs 500 per Month
Amount Invested Value of Investment
HISTORICAL RISK/RETURN
0 -5 Annualised Return -10 -15 -20 -25 -30
BSE 100
6,000 18,000 -
5,583 15,474 -
BEST/WORST RETURN (%)
Best
Period Fund BSE 100 Period
Worst
Fund
0
5
1 Month 3 Month 1 Year
09/03/09 - 09/04/09 21/08/07 - 20/11/07 05/01/07 - 07/01/08
26.20 49.14 76.43
32.22 43.86 63.88
09/05/06 - 08/06/06 -29.21 04/01/08 - 04/04/08 -31.40 14/01/08 - 13/01/09 -51.44
-27.46 -29.37 -58.94
10 15 20 25 30 35 Annualised Std Dev
UTI Opportunities BSE 100 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 OPPORTUNITIES PORTFOLIO ANALYSIS
Top 15 Stock Holdings
Company ITC ICICI Bank BHEL Infosys Technologies Reliance Industries GAIL Cairn India Tata Power ICI India Hindustan Unilever Axis Bank Reliance Petroleum Sun Pharmaceutical Inds. Sesa Goa HDFC % 5.74 4.60 4.21 4.02 3.79 3.56 3.31 3.12 3.01 2.62 2.52 2.50 2.48 2.48 2.46
Product Guide
Specialty Diversified Equity Fund
Top Sector Break-up
Sector Consumer Non Durables Banks Industrial Capital Goods Petroleum Products Power Pharmaceuticals Finance Software Gas Utilities Oil Minerals/ Mining Construction Non - Ferrous Metals Transportation Ferrous Metals Fund 16.74 7.82 6.66 6.29 5.48 4.59 4.22 4.02 3.56 3.31 2.48 1.76 1.72 1.25 0.18 Indicates a new holding since last portfolio BSE 100 9.35 14.06 7.74 15.14 5.44 4.03 5.05 9.44 2.03 4.41 0.73 2.34 1.84 0.27 2.91
Indicates an increase or decrease or no change in holding since last portfolio
PERFORMANCE VIS-A-VIS PEERS
PORTFOLIO CHARACTERISTICS IN THE LAST 8 QUARTERS
Mar 09 Total Stocks Avg Mkt Cap(Cr.) P/E Ratio (Times) P/B Ratio (Times) 36 23222 14.65 3.31 22.36 37.98 41.7 75.03 19.56 5.41 Dec 08 35 22497 15.04 4.09 21.21 37.11 39.9 76.84 16.99 6.17 Sep 08 35 26838 17.80 4.94 25.53 43 38.04 78.20 18.26 3.55 Jun 08 40 26612 20.75 3.64 20.71 36.57 32.23 79.36 17.45 3.19 Mar 08 43 20944 28.21 4.91 23.2 40.82 40.7 64.17 28.53 7.31 Dec 07 39 32748 47.97 7.08 28.8 49.84 47.75 71.74 19.57 8.69 Sep 07 40 22674 40.53 5.92 29.35 49.11 44.02 70.89 24.17 4.78 Jun 07 42 20233 30.43 5.92 26.04 42.58 37.85 64.92 30.23 4.61
ALLOCATION (%)
Top 5 Holdings Top 10 Holdings Top 3 Sectors Large Cap Stocks Mid Cap Stocks Small Cap Stocks
Classification of Stocks into Large, Mid and Small Caps: All the stocks listed on BSE are considered and arranged in the descending order of market capitalisation. All the stocks that account for 70% of the total market capitalisation are classified as Large Cap stocks, those between 70 and 90% are classified as Mid Caps and those accounting for next 10% are classified as Small Caps. Risk Factors: All investments in mutual funds and securities are subject to market risks and the NAV of the funds may go up and down depending upon the factors affecting the securities markets.
March 2009 UTI OPPORTUNITIES
Product Guide
Specialty Diversified Equity Fund
FUND CLASSIFICATION
FUND PROFILE
Cap Exposure: At least 70% in large-caps; maximum 30% in mid and small-caps Cap Classification: Large Cap- Top 100 stocks by market cap; Mid Cap- Next 100 stocks by market cap; Remaining are Small Cap Sector Weightage: Not more than 25% in one sector; At least 50% of the assets in 3 sectors; minimum 3 sectors in the portfolio Stock Weightage: Not more than 8% in one stock, and not more than 55% in top 10 stocks Number of Stocks: Minimum 25 Benchmark: BSE 100
Large Cap 48.53 51.58 64.18 43.04 55.57 78.26 34.97 71.54 69.24 82.97 53.88 36.69 46.42 76.85 Mid Cap 29.34 33.52 28.15 36.81 24.46 16.48 41.91 20.17 28.36 15.63 25.24 42.78 39.44 18.13 Small Cap 22.12 14.59 7.64 14.14 19.98 5.73 22.78 8.29 2.40 1.41 20.88 20.54 14.12 4.85 Growth 72.09 55.56 68.80 39.07 61.58 67.30 58.14 71.40 65.55 60.53 72.45 70.89 76.48 54.63 Value 14.45 29.40 14.51 33.15 21.32 15.72 18.92 17.32 17.95 25.14 15.94 15.14 11.49 28.09 Blend 13.11 10.38 11.04 17.23 11.21 13.32 12.58 10.79 12.06 11.99 11.07 12.78 11.24 10.09
Supplementary-Thematic Fund
Supplementary-thematic funds should not exceed 25% of an investor's portfolio One supplementary-thematic fund should not exceed 10% of the portfolio
PEER PRODUCT SET
Fund Birla Sun Life India Opportunities DBS Chola Opportunities DSPBR Opportunities Fidelity India Special Situations Fortis Opportunities Franklin India Opportunities HSBC Unique Opportunities ING Domestic Opportunities Kotak Opportunities LICMF Opportunities Principal Resurgent India Equity Reliance Equity Opportunities Tata Equity Opportunities UTI Opportunities Market Cap (Rs Cr) 9986 10656 20173 4953 13133 35226 5878 26403 24990 36227 12784 8154 11749 24720 PE Score 19.25 18.93 23.45 13.78 16.67 18.95 16.96 18.06 21.01 18.04 17.08 17.51 22.71 18.40
Above figures are averages for 12- month period ending March 31, 2009
Data as per Value Research classifications
Scheme Specific Risk Factors The scheme intends to deploy funds in money market instruments to maintain liquidity. To the extent that some assets/funds are deployed in money market instruments, the scheme will be subject to credit risk as well as settlement risk which might affect the liquidity of the scheme. The investment focus is on select sectors of the market and hence the portfolio will be concentrated in select companies across these select sectors. This may make the portfolio vulnerable to factors that may affect these sectors in general thereby leading to increased volatility in the movement of the scheme’s NAV. Common Risk: 1. 2. UTI Opportunities 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). 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.
3. 4. 5.