About:
UTI Mastershare Unit scheme is the oldest equity mutual fund plan in India. Launched in October 1986, this fund has given phenomenal returns in the 34 years since its inception. Rs. 1 lakh invested in the UTI mastershare Unit Scheme at the time of launch would have been worth over 1.3 crore rupees in the middle of November 2020. In this video we are joined by the fund manager for UTI mastershare fund, Ms. Swati Kulkarni. We discuss the philosophy and investment strategy of the fund and also about the returns generated by the funds. Ms. Kulkarni also speaks about the reach and network of UTI AMC in tier 2 & 3 cities and B-30 towns.
The fund facts for the UTI Mastershare Unit Scheme are as follows:
- The fund has an AUM of Rs. 6472 Crores as on 31st October 2020
- The expense ratio for the UTI mastershare fund is 2.05%
- NAV as on 31st October 2020 was Rs. 126.97
- The minimum investment in the UTI Mastershare Unit Scheme is only Rs. 100
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