UTI Mid Cap Fund Direct-Growth is a Mid Cap mutual fund offered by UTI Mutual Fund. This fund has been in operation for 11 years. UTI Mid Cap Fund Direct-Growth has ₹12,400 Crores in assets under management (AUM) as of 30/06/2024, making it a medium-sized fund within its category.
The majority of the fund’s money is invested in the financial, capital goods, healthcare, automobile and service sectors.
UTI Mid Cap Fund Performance
The last year’s direct growth returns for UTI Mid Cap Fund were 42.71%. It has generated returns of 21.23% on average year since its launch. Every three years, the fund doubles the amount invested in it.
The UTI Mid Cap Fund Direct-Growth plan has a lower capacity to provide consistent returns than other funds in its category.
UTI Mid Cap Fund Returns
| Period | UTI Mid Cap Fund | Category average |
|---|---|---|
| 1 month | 1.22% | 0.56% |
| 3 months | 14.15% | 11.81% |
| 6 months | 21.42% | 21.44% |
| 1 year | 42.65% | 51.41% |
| 3 years | 22.08% | 25.84% |
| 5 years | 29.12% | 30.09% |
UTI Mid Cap Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
Bharat Forge Ltd.
|
Automobile | Equity | 2.31% |
|
The Phoenix Mills Ltd.
|
Construction | Equity | 2.30% |
|
Tube Investments Of India Ltd.
|
Automobile | Equity | 1.99% |
|
Astral Ltd.
|
Chemicals | Equity | 1.95% |
|
Supreme Industries Ltd.
|
Chemicals | Equity | 1.90% |
UTI Mid Cap Fund Suitability
When you invest for seven years or longer, you can expect gains that outperform both inflation and fixed-income returns.
This is a fund that invests in mid-size firms. When stock prices fall, such funds suffer more than those that invest in larger firms.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.