UTI MNC Fund – SIP Performance

UTI MNC Fund is a theme based equity fund launched in the year 1998; Based on the management style UTI MNC fund can be categorized as multi cap fund (as of the latest factsheet fund has 53% exposure to Large cap; 40% exposure to mid-cap and 7% exposure to small cap). Since inception the fund has generated a CAGR return of 17.92%.

I have worked out Systematic Investment Plan (SIP) return assuming investment of Rs 10,000 every month at NAV per unit of the scheme as on the first working day for the respective month from year 2006 for different time period.

One Year SIP return of UTI MNC from FY 2006 is as shown in the table below

Period Invested Amount Market Value Gain/Loss Return 2006 1,20,000 1,29,316 9,316 16% 2007 1,20,000 1,50,083 30,083 48% 2008 1,20,000 96,377 -23,623 -49% 2009 1,20,000 1,72,943 52,943 77% 2010 1,20,000 1,37,914 17,914 30% 2011 1,20,000 1,13,158 -6,842 -13% 2012 1,20,000 1,35,493 15,493 26% 2013 1,20,000 1,35,358 15,358 26% 2014 1,20,000 1,66,451 46,451 69% 2015 1,20,000 1,21,886 1,886 3% 2016 1,20,000 1,14,019 -5,981 -11%

*CY 2009 & CY 2014 has been great year for UTI MNC fund generating above 50% * 4 out of the last 11 years return has been lower than the long run average FD return of 8%

Three Year SIP return of UTI MNC from FY 2006 is as shown in the table below

Period Invested Amount Market Value Gain/Loss CAGR Return 2006-08 3,60,000 2,81,440 -78,560 -18% 2007-09 3,60,000 5,05,495 1,45,495 22% 2008-10 3,60,000 5,78,131 2,18,131 31% 2009-11 3,60,000 4,43,005 83,005 14% 2010-12 3,60,000 4,53,207 93,207 15% 2011-13 3,60,000 4,50,137 90,137 15% 2012-14 3,60,000 6,32,860 2,72,860 36% 2013-15 3,60,000 5,59,161 1,99,161 29% 2014-16 3,60,000 4,04,025 44,025 8%

*Median three year SIP return since CY 2006 stands at 15.3% * 2 out of the 9,three year period return has been lower than the long run average FD return of 8%

Five Year SIP return of UTI MNC from FY 2006 is as shown in the table below

Period Invested Amount Market Value Gain/Loss CAGR Return 2006-10 6,00,000 10,03,448 4,03,448 20% 2007-11 6,00,000 8,31,992 2,31,992 13% 2008-12 6,00,000 9,90,602 3,90,602 19% 2009-13 6,00,000 9,31,243 3,31,243 17% 2010-14 6,00,000 12,07,264 6,07,264 26% 2011-15 6,00,000 11,39,697 5,39,697 24% 2012-16 6,00,000 8,96,648 2,96,648 15%

*Median five year SIP return since CY 2006 stands at 19% * UTI MNC fund 5 year SIP return since CY 2006 has generated higher return than long term average FD return of 8%

Ten Year SIP return of UTI MNC from FY 2006 is as shown in the table below

Period	Invested Amount	Market Value	Gain/Loss	CAGR Return
2006-15	12,00,000	36,36,233	24,36,232	19.5%
2007-16	12,00,000	29,93,582	17,93,582	16.4%

UTI MNC fund SIP return for CY 2006-15 stands at a CAGR return of 19.5%; while CY 2007-16 stands at a CAGR return of 16.4%.

Conclusion: Equity markets generates good return over long run; it’s very difficult even for professionals to time market; However a disciplined approach of investing through Systematic Investment plans over long term can create significant value. Investors should choose right mix of fund suitable for them based on their financial position & requirement. UTI MNC fund is one of the good performing fund in multi cap segment over relatively longer period.