UTI Mid Cap Fund-Growth Option- Direct

• Alpha 3.61%
• Beta 0.89
• Sharpe Ratio0.77
• Std Deviation 15.65%
• Tracking Error 6.28%

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of mid cap companies. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

The UTI Mid Cap Fund-Growth Option- Direct has an AUM of 11734.39 crores & has delivered CAGR of 14.87% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.92%. The minimum investment in UTI Mid Cap Fund-Growth Option- Direct is Rs 5000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Polycab India, The Phoenix Mills Ltd, Persistent Systems & Federal Bank.

The major sectors where the fund is invested are Software & Programming, Regional Banks, Biotechnology & Drugs & Chemical Manufacturing.

Some of the similar funds are Invesco India Mid Cap Fund Direct Plan Growth Option, HSBC Midcap Fund Direct Plan Growth, Franklin India Mid Cap Fund Direct Growth, UTI Mid Cap Fund-Growth Option- Direct, PGIM India Midcap Fund Direct Growth. UTI Mid Cap Fund-Growth Option- Direct has a sharpe ratio of 0.77 & a standard deviation of 15.65%.