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Today Date : Thursday, May 26, 2022

UTI Mastershare Unit Scheme  generates 15.17 % CAGR

UTI Mastershare Unit Scheme generates 15.17 % CAGR

UTI Mastershare Unit Scheme has generated a return (CAGR) of 15.73% against the return of 14.35% by the benchmark S&P BSE 100 TRI since inception as on April 30, 2022. An investment amount of Rs. 10 lakhs made in the fund at its inception has grown to Rs. 18.05 crores as against Rs. 11.77 crores as per benchmark S&P BSE 100 
TRI during the same period, i.e., generating more than 180 times returns over the last 35 years. 

According to a communication from the organisation, UTI Mastershare Unit Scheme has generated a return (CAGR) of 15.73% against 
the return of 14.35% by the benchmark S&P BSE 100 TRI since inception as on April 30, 2022. The Fund has a corpus of over Rs. 9,600 crore with over 7.14 lakh live investor accounts as on April 30, 2022. 

The Fund aims at obtaining capital appreciation / or income distribution over a long-term, follows a disciplined approach to invest. UTI Mastershare Unit Scheme has distributed a total dividend of more than Rs. 4,200 crore.   UTI Mastershare Unit Scheme, being categorized as Large Cap Fund, has a portfolio of leading well-known companies such as ICICI Bank Ltd., Infosys Ltd., HDFC Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., Tata Consultancy Services Ltd., HDFC Ltd., Larsen & Toubro Ltd., 

Axis Bank Ltd. and State Bank of India Ltd. and the top 10 stocks account for about 48% of the portfolio, according to an official communication.