About Our Equity Investment Team Ajay Tyagi, CFA Ankit Agarwal - - PowerPoint PPT Presentation

About Our Equity Investment Team

Vetri Subramaniam Head Equity & Fund Manager

Collective Work Experience of Investment Team

Over 260 Years

Average Work Experience of Fund Managers

Over 21 Years

Average Work Experience of Analysts

Over 10 Years

FMCG – Fast-Moving Consumer Goods; QSR – Quick Service Restaurants; IT – Information Technology; HFC – Housing Finance Company; NBFC – Non-banking Finance Company

Sanjay Dongre

Fund Manager

Swati Kulkarni, CFA

Fund Manager

Ajay Tyagi, CFA

Fund Manager

Sachin Trivedi, CFA

Head of Research & Fund Manager

Amit Premchandani, CFA

Fund Manager Banks, NBFCs, Cement

Kamal Gada, CFA

Fund Manager Overseas Investment Energy, Fertilizer, Media, Chemicals, Pharma

Vishal Chopda, CFA

Fund Manager FMCG, QSR, Retail, Consumer Durable, Telecom

Parag Chavan, CFA

Research Analyst Metals & Mining, Utilities, Building Materials, Sugar, Healthcare, Hotels

Preethi R S

Research Analyst Auto Ancillaries, Insurance, HFC & NBFCs

Sharwan Goyal, CFA

Fund Manager

Deepesh Agarwal

Research Analyst Capital Goods, Textiles Infra - Construction

V Srivatsa

Fund Manager

Rajeev Kumar Gupta

Fund Manager

Akash Shah

Research Associate

Ayush Harbhajanka

Research Associate

Nitin Jain

Research Analyst IT, Internet Sector, Oil & Gas

Ankit Agarwal

Fund Manager

2

Amandeep Chopra

Head of Fixed Income MBA Total Exp: 27 yrs With UTI MF: 25 yrs

Mutual Fund PMS, Retirement Solution & Offshore

Ayushi Rathore Research Analyst CA

Total Exp: 2 yrs With UTI MF: 1 Week

Manish Joshi

Fund Manager MSc, MFM Total Exp: 22 yrs With UTI MF: 22 yrs

Shilpita Guha

CIO MSc (Economics), MBA Total Exp: 30 yrs With UTI MF: 30 yrs

Rahul Aggarwal

Portfolio Manager BE, MBA (Finance) Total Exp: 10 yrs With UTI MF: 3 yrs

Sudhir Agarwal

Fund Manager MBA & CFA Total Exp: 14 yrs With UTI MF: 10 yrs

Ritesh Nambiar

Fund Manager MBA, CFA & FRM Total Exp: 14 yrs. With UTI MF: 11 yrs

Sunil Patil

Fund Manager MFM & M.Com Total Exp: 30 yrs. With UTI MF: 30 yrs

Amit Sharma

Fund Manager CA,FRM Total Exp: 11 yrs. With UTI MF: 11 yrs

Subhradeep Mitra Research Analyst MBA (Finance)

Total Exp: 7 yrs With UTI MF: 1 Yr

Pratik Jain Research Analyst MBA (Finance)

Total Exp: 6 yrs With UTI MF: 1 Yr

Research

About Our Fixed Income Team

3

Board of Directors

(Internal Norms/Delegation)

Scheme Offer Document

(Investment objective/Guidelines)

Fund Managers & Investment Committee Debt & Economic Research Reports Meeting & Conference Calls Newswire & Bloomberg External Inputs Investment Decision Execution

Independent Dealing team

Control Mechanism /Function

I Compliance I Risk Management I I Audit I

Dealing Team

Provides market inputs on Call market, G-sec & Corp. Debt

Inputs from UTI Research Team Internal Inputs Inputs from Strategic Partner

I Risk Management I I Fixed Income Steering Committee I I Meeting with Board of Directors I

Review Mechanism

4

Fixed Income Investment Process

Low risk Medium risk High risk Low return Medium Return High return

UTI Arbitrage Fund UTI Regular Savings Fund UTI Equity Savings Fund UTI ULIP UTI CCF-Savings UTI RBP UTI Multi Asset Fund UTI Hybrid Equity Fund UTI CCF- Investment Plan 5

Product Positioning

6

Life Stage Planning

• Stage 1-Single
• Stage 2- Couple
• Stage 3-Family &

Property

• Stage 4-Pre

Retirement stage Stage 1

• Starting career
• No dependant
• Short Term Debt

Stage 2

• Marriage
• Planning for child
• Long term debt

Stage 3

• Income Security
• Owning Home
• Raising child &

planning for education

• Planning for

retirement Stage 4

• Servicing long term

debt

• Reducing debt levels
• Preparing for

retirement

Changing Income Changing Needs & Wants

Life events require planning for every stage

MBA from IIM

• Rs. 10 lacs to 16.6

Lakhs 2 year course

• Rs. 27 lac

(IIM Ahmadabad) Study period of 2 years

Engineering from IITs

Rs.3.6 lakhs 4 year course

• Rs. 7 Lakhs#

(Bits Pilani) Study period of 4 years

Medical from private colleges

• Rs. 19 lacs to 29

lakhs

• ver 5.5 yrs

Govt colleges – Rs. 4 to 5 lacs

• Rs. 45 Lacs

(KMC Manipal) Study period of 5 years

Law degree

• Rs. 10 Lakhs

Study period of 5 years Rs.16.5 lacs (NUJS Kolkata) Study period of 5 years Current 10 yrs later

Data Source: TOI, HT, Manipal portal for the current data. Inflation assumed to be 3.5% # only tuition fee considered Data source: Aviva # only tuition fees considered Inflation assumed @ 3.50%

7

Higher education cost multiplying the burden to family budget…

It’s a necessity and not a choice Cost are increasing manifold To meet the unforeseen events if any

Govt lacks resources to support every household Estimated annual growth of 5%-10% in different professional cources in next 10 years * Family causality can leave you short of funds

* -Source: Data & views are based on a survey done by Assocham in cities like Delhi, Mumbai Lucknow, Dehradun, Pune Bangalore, Chennai, Chandigarh in the month April May 2015 (1600 working parents)

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Hence Planning & Investing from an early stage is critical…

Amount invested per month Numbers of Years Accumulated corpus @ various rate of returns considered below 8% 10% 12% 15% Rs.5000 5 3,69,833 3,90,411 4,12,431 4,48,408 Rs.5000 10 9,20,828 10,32,760 11,61,695 13,93,286 Rs.5000 15 17,41,725 20,89,621 25,22,879 33,84,315 Rs.5000 20 29,64,736 38,28,484 49,95,739 75,79,774 Rs.5000 25 47,86,832 66,89,451 94,88,175 1,64,20,368 Rs.10000 5 7,39,667 7,80,823 8,24,863 8,96,816 Rs.10000 10 18,41,656 20,65,520 23,23,390 27,86,572 Rs.10000 15 34,83,451 41,79,242 50,45,759 67,68,630 Rs.10000 20 59,29,472 76,56,969 99,91,479 1,51,59,549 Rs.10000 25 95,73,665 1,33,78,903 1,89,76,350 3,28,40,737

Calculation based on Future Value ( excel) , investment assumed to be done at the beginning of the period. Amount invested per month is hypothetical and is only for illustration purpose only.

Staying long allows the investment to benefit and grow from a full market cycle

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Long Term investing pays off…

Targeted amount In 5 years time In 10 years time In 15 years time How much are You saving Rs.15 lacs 19,210 7,262 3,589 ??? Rs.20 Lacs 25,614 9,683 4,786 ??? Rs.30 Lacs 38,420 14,524 7,178 ??? Rs.40 Lacs 51,227 19,365 9,571 ??? Rs.50 Lacs 64,034 24,206 11,964 ???

Calculation based on PMT formula ( excel) , rate assumed 10%, targeted amount are the assumed figures only for the purpose of illustration

Higher the investment period , lower the monthly investment to reach the desired amount

10

Amount required to be invested for a targeted corpus (monthly)

✓ Planning for children’s higher education assumes greater importance today ✓ Investors concerns should lead to early planning & investment for their children ✓ Need for “a well thought plan” ✓ Mutual Fund - a key investment solution towards children’s investment planning

11

In Summary

Presenting

UTI Children's Career Fund - Savings Plan

12

Minimum initial investment is Rs 1,000/- and in multiples of Re 1/-. Subsequent minimum investment under a folio is Rs 1,000/- and in multiples of Re 1/- or such

• ther

amount as may be prescribed from time to time with no upper limit.`

• Mr. Amandeep S. Chopra

(Debt portfolio) – B.S.c. MBA [FMS Delhi] (Equity Portfolio) *Mr. Vetri Subramaniam – B.com, PGDM *Mr. Vishal Chopda – CFA,BE,PGDM 12th July, 1993

Fund Inception Fund Manager Minimum Investment

An open ended fund for investment for children having a lock in for at least 5 years or till the child attains age of majority, whichever is earlier

Type of scheme Benchmark

CRISIL Short Term Debt Hybrid 60+40 Fund Index

Asset Allocation 13

Instruments Indicative Allocation (% of Total Assets) Risk Profile Minimum Maximum Debt and Money market instruments (including securitised debt)* 60% 100% Low to Medium Equity & Equity related instruments 0% 40% Medium to High Units issued by REITs & InvITs 0% 10% Medium to High * The fund may invest up to 50% of its debt portfolio in securitized debt.

• Mr. Amandeep Chopra – Managing fund since Dec-06

*Change of Fund manager effective from 30th August 2019

UTI Children’s Career Fund – Savings Plan – Fund Snapshot

The primary objective of the scheme is to invest predominantly in debt and money market instruments and part of the portfolio into equity & equity related securities with a view to generating income and aim for capital appreciation.

Investment Objective

Fund Size: Monthly Avg. AuM : ` 3595 Crs Last Day AuM : ` 3615 Crs

• No. of Unit Folios

: 24,12,237

Fund Snapshot

Beta : 0.91 SD(Annual) : 4.94% PTR (Annual) : 1.22 Sharpe Ratio : 0.08

Quantitative Indicators*

65

• No. of Stocks

32.83% / 44.81%

Top 5 / Top 10 Stocks

77.33% / 94.46%

Top 5 / Top 10 Sectors

• Avg. AuM – Average Asset under Management, SD – Standard Deviation, PTR – Portfolio Turnover Ration. Wtd. Avg. Mcap – Weighted Average Market Capitalisation. # Cash

flow Tiers (C)- 3 Tiers based on the number of years in which they have generated positive operating cash flows in the previous 5 years (for manufacturing cos). ROCE/implied ROE Tiers (R) - 3 Tiers based on the previous 5 year average return on capital (for manufacturing cos) & consistency in implied ROE (RoA X Leverage) for financials over 5 years. All data as of December, 2019

• Wtd. Avg. MCap

: 1,66,263 Active Share* : 61.30%

Portfolio Characteristics 14

13.64%

Outside Benchmark

* Based on total assets of the Scheme

* The equity exposure in the scheme is rebased to 100 for calculating Top 5/Top 10 Stocks/Sectors and outside benchmark

*Active Share calculated vis-a-vis BSE 200 TRI index

Portfolio Composition#

ROCE R1 : 54% R2 : 36% R3 : 10% Operating Cash Flow C1 : 86% C2 : 14% C3 : 0%

Fund Facts (Equity Composition)

Current Asset Allocation (% to NAV)

Equity : 39; Debt : 54 ; NCA : 7

Fixed Income Strategy

➢Accrual based strategy with tactical calls based on in house view ➢Flexibility to move across the curve based on market views

Equity Strategy

➢ Strategy in-line with long term investment horizon ➢ Mix of growth and value based approach with no market cap bias ➢ Top down & bottom up approach with emphasis on micro economic factor of the underlying business

Investment Strategy

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Equity Top 20 Holdings*

STOCK NAME SECTOR % to NAV

• Act. Wt %

ICICI BANK LTD FINANCIAL SERVICES 8.97 3.57 HDFC BANK LIMITED FINANCIAL SERVICES 8.95 0.52 AXIS BANK LTD. FINANCIAL SERVICES 5.88 3.19 INFOSYS LTD. IT 5.79 1.52 INDUSIND BANK FINANCIAL SERVICES 3.24 1.82 ITC LTD. CONSUMER GOODS 2.71

• 0.46

GUJARAT GAS LTD ENERGY 2.64 2.58 MUTHOOT FINANCE LTD. FINANCIAL SERVICES 2.34 2.22 BHARTI AIRTEL LTD. TELECOM 2.26 0.91 NTPC LTD. ENERGY 2.03 1.24 ESSEL PROPACK LTD. INDUSTRIAL MANUFACTURING 1.92 1.92 MARUTI SUZUKI INDIA LTD. AUTOMOBILE 1.9 0.37 PETRONET LNG LTD. ENERGY 1.9 1.59 CROMPTON GREAVES CONSUMER ELEC CONSUMER GOODS 1.85 1.70 JUBILANT FOODWORKS LTD. CONSUMER GOODS 1.71 1.52 WHIRLPOOL OF INDIA LTD. CONSUMER GOODS 1.64 1.52 ADITYA BIRLA FASHION & RETAIL CONSUMER GOODS 1.62 1.51 PHOENIX MILLS LTD CONSTRUCTION 1.59 1.59 LARSEN & TOUBRO INFOTECH LTD IT 1.55 1.43 EICHER MOTORS LTD AUTOMOBILE 1.52 1.03

Top 10 Unique Stocks*

(As compared to BSE 200 TRI Index – Sub indices of Benchmark Crisil Debt Hybrid 60:40 index )

STOCK NAME SECTOR % to NAV

ESSEL PROPACK LTD. INDUSTRIAL MANUFACTURING 1.92 PHOENIX MILLS LTD CONSTRUCTION 1.59 CESC LTD. ENERGY 1.07 SHEELA FOAM LTD. CONSUMER GOODS 0.93 ESCORTS LTD. AUTOMOBILE 0.89 MULTI COMMODITY EXCHANGE OF IN FINANCIAL SERVICES 0.84 CARBORANDUM UNIVERSAL LTD. INDUSTRIAL MANUFACTURING 0.82 VARDHMAN TEXTILES LTD. TEXTILES 0.74 TUBE INVESTMENTS OF INDIA LTD AUTOMOBILE 0.7 EQUITAS HOLDINGS LTD FINANCIAL SERVICES 0.56

Portfolio above shows Top 20 equity holdings under the scheme, for detailed portfolio visit www.utimf.com * The equity exposure in the scheme is rebased to 100

• Act. Wt % - Active Weight % (as compared to the BSE 200 TRI Index (sub index of Crisil Short term Debt Hybrid 60:40 index). Data as of December 2019.

16

Portfolio (Equity Composition)

Top 10 Sectoral Breakdown (in %)

As compared to BSE 200 TRI Index – Sub index to Scheme benchmark

Large: 63 | Mid: 26 | Small: 11 Market Capitalisation (% of Equity portion)

Overweight (Top 5) Underweight (Top 5)

ICICI BANK LTD RELIANCE INDUSTRIES LTD. AXIS BANK LTD. HDFC LTD. GUJARAT GAS LTD TATA CONSULTANCY SERVICES LTD. MUTHOOT FINANCE LTD. KOTAK MAHINDRA BANK LTD. ESSEL PROPACK LTD. LARSEN & TOUBRO LTD.

Active Stock positions (as compared to BSE 200 TRI Index)

Sectoral breakdown shows select sectors & Portfolio above shows Top 10 equity holdings under the scheme, for detailed portfolio visit www.utimf.com All data as of December,2019. BSE 200 TRI is sub index of CRISIL Short term Debt Hybrid 60:40 index.

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* The equity exposure in the scheme is rebased to 100 for calculating Overweight/Underweight & Top 10 Sectors.

Portfolio Snapshot (Equity)

37.90 13.40 12.91 10.89 6.06 4.20 3.01 1.25 2.13 1.76 34.8 14.1 11.35 9.69 7.39 4.95 3.45 3.45 3.02 2.26

0.00 5.00 10.00 15.00 20.00 25.00 30.00 35.00 40.00 FINANCIAL SERVICES CONSUMER GOODS ENERGY IT AUTOMOBILE PHARMA CONSTRUCTION INDUSTRIAL MANUFACTURING CEMENT & CEMENT PRODUCTS TELECOM

UTI - CCF - Saving Plan BSE200

Average Maturity : 4.95 years Modified Duration : 3.62 years YTM : 9.88 %

Quantitative Indicators

Excluding net current assets Portfolio shows select holdings. Portfolio data as on December 2019

Asset Allocation (% to NAV) Credit Profile of Debt (% of debt portion) 18

Portfolio Snapshot (Fixed Income)

1.03 1.54 2.33 2.59 3.63 3.82 5.83 8.42 10.22 12.39 48.21

10 20 30 40 50 60

A A+ D(SO) BBB- BBB AA(SO) AA- AA AA+ SOV AAA/A1+ 0.63 1.37 6.72 7.18 38.52 45.57 10 20 30 40 50 Securitised Debt CP / CDs Govt Securities NCA Equity Long Term Debt

Fund Performance Vs Benchmark (as of 31/12/2019)

Source: MFIE., The above value is calculated on the basis of the return from regular plan growth option of the scheme. Past performance may or may not be sustained in future. All returns are in CAGR - Compounded Annualized Growth Rate. N.A. Not Available. Inception of UTI Children’s Career Fund- Savings Plan: July 12, 1993 Note: The loads have not been taken into account. Systematic Investment Plan (SIP) returns are worked out assuming investment of Rs.10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods.@:Since inception return for above mentioned schemes is taken for the period December 2004 to July 2019 (Since SIP facility was introduced in November 2004). For performance of other funds managed by the same Fund Manager, please refer the Slide No. 31 & 32. The fund manager Mr. Amandeep Chopra (Debt portion) is managing the fund since Dec 2006

*Change of Fund manager effective from September 2019

.

19

Performance Track Record

Presenting

UTI Children’s Career Fund – Investment Plan

20

• Mr. Vetri Subramaniam – B.com,

PGDM

• Mr. Vishal Chopda – CFA,BE,PGDM

Fund Manager

Minimum initial investment is Rs 1,000/- and in multiples of Re 1/-. Subsequent minimum investment under a folio is Re 1,000/- and in multiples of Re 1/- or such

• ther

amount as may be prescribed from time to time with no upper limit.

Type of scheme

30th Jan, 2008

Fund Inception

Nifty 500

Benchmark Asset Allocation 21

Instruments Indicative Allocation (% of Total Assets) Risk Profile Minimum Maximum Equity & Equity related instruments 70% 100% Medium to High Debt & Money market instruments including securitized debt* 0% 30% Low to Medium Units issued by REITs & InvITs 0% 10% Medium to High

Minimum Investment

An open ended fund for investment for children having a lock in for at least 5 years or till the child attains age of majority, whichever is earlier * The fund may invest up to 50% of its debt portfolio in securitized debt. *Change of Fund manager effective from 30th August 2019

UTI Children’s Career Fund – Investment Plan – Fund Snapshot

Investment Objective

The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across the market capitalization spectrum.

Fund Size: Monthly Avg. AuM : Rs 319 Crores Last Day AuM : Rs 325 Crores

• No. of Unit Folios

: 39,647

Fund Snapshot

Beta : 0.92 SD(Annual) : 11.75% Sharpe Ratio : 0.59

Quantitative Indicators*

65

• No. of Stocks

33.06% / 44.94%

Top 5 / Top 10 Stocks

77.55% / 94.62%

Top 5 / Top 10 Sectors

• Avg. AuM – Average Asset under Management, SD – Standard Deviation,. Wtd. Avg. Mcap – Weighted Average Market Capitalization. # Cash flow Tiers (C)- 3 Tiers based on

the number of years in which they have generated positive operating cash flows in the previous 5 years (for manufacturing cos). ROCE/implied ROE Tiers (R) - 3 Tiers based on the previous 5 year average return on capital (for manufacturing cos) & consistency in implied ROE (RoA X Leverage) for financials over 5 years. All data as of December 2019

• Wtd. Avg. MCap

: 1,67,637 Active Share* : 63.79%

Portfolio Characteristics 22

0.83%

Outside Benchmark

* Based on total assets of the Scheme

*Active Share calculated vis-a-vis S&P BSE 200

Portfolio Composition#

ROCE R1 : 54% R2 : 37% R3 : 9% Operating Cash Flow C1 : 87% C2 : 13% C3 : 0%

Fund Facts (Equity Composition)

Equity : 95.29 ; NCA : 4.71

Current Asset Allocation (% to NAV)

➢Strategy in-line with long term investment horizon ➢Mix of growth and value based approach with no market cap bias ➢Top down & bottom up approach with emphasis on micro economic factor of the underlying business Investment Strategy

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Equity Top 20 Holdings*

STOCK NAME SECTOR % to NAV

• Act. Wt %

ICICI BANK LTD FINANCIAL SERVICES 9.13 4.23 HDFC BANK LIMITED FINANCIAL SERVICES 9.03 1.29 AXIS BANK LTD. FINANCIAL SERVICES 5.97 3.61 INFOSYS LTD. IT 5.74 1.98 INDUSIND BANK FINANCIAL SERVICES 3.19 1.91 ITC LTD. CONSUMER GOODS 2.77

• 0.15

GUJARAT GAS LTD ENERGY 2.68 2.62 MUTHOOT FINANCE LTD. FINANCIAL SERVICES 2.27 2.15 BHARTI AIRTEL LTD. TELECOM 2.2 0.98 NTPC LTD. ENERGY 1.96 1.21 MARUTI SUZUKI INDIA LTD. AUTOMOBILE 1.95 0.57 PETRONET LNG LTD. ENERGY 1.88 1.60 ESSEL PROPACK LTD. INDUSTRIAL MANUFACTURING 1.84 1.83 CROMPTON GREAVES CONSUMER ELEC CONSUMER GOODS 1.79 1.65 JUBILANT FOODWORKS LTD. CONSUMER GOODS 1.73 1.55 WHIRLPOOL OF INDIA LTD. CONSUMER GOODS 1.67 1.56 ADITYA BIRLA FASHION & RETAIL CONSUMER GOODS 1.64 1.54 PHOENIX MILLS LTD CONSTRUCTION 1.61 1.54 EICHER MOTORS LTD AUTOMOBILE 1.56 1.12 LARSEN & TOUBRO INFOTECH LTD IT 1.56 1.46

Top Unique Stocks*

(As compared to Nifty 500 – Scheme Benchmark)

STOCK NAME SECTOR % to NAV

KHADIM INDIA LTD. CONSUMER GOODS 0.6 VOLTAMP TRANSFORMERS LTD. INDUSTRIAL MANUFACTURING 0.23

Portfolio above shows Top 20 equity holdings under the scheme, for detailed portfolio visit www.utimf.com * The equity exposure in the scheme is rebased to 100

• Act. Wt % - Active Weight % as compared to the Nifty 500. Data as of December 2019.

24

Portfolio (Equity Composition)

Top 10 Sectoral Breakdown (in %)

As compared to Nifty 500 - Scheme benchmark

Large: 63| Mid: 26 | Small: 11 Market Capitalisation (% of Equity portion)

Overweight (Top 5) Underweight (Top 5) ICICI BANK LTD RELIANCE INDUSTRIES LTD. AXIS BANK LTD. HDFC LTD. GUJARAT GAS LTD TATA CONSULTANCY SERVICES LTD. MUTHOOT FINANCE LTD. KOTAK MAHINDRA BANK LTD. INFOSYS LTD. LARSEN & TOUBRO LTD.

Active Stock positions (as compared to S&P BSE 200)

Sectoral breakdown shows select sectors & Portfolio above shows Top 10 equity holdings under the scheme, for detailed portfolio visit www.utimf.com All data as of December, 2019.

25

Portfolio Snapshot (Equity)

5 10 15 20 25 30 35 40 FINANCIAL SERVICES CONSUMER GOODS ENERGY IT AUTOMOBILE PHARMA CONSTRUCTION INDUSTRIAL MANUFACTURING CEMENT & CEMENT PRODUCTS TELECOM

UTI - CCF Investment Plan CNX500

Fund Performance Vs Benchmark (as of 31/12/2019)

Source: MFIE., The above value is calculated on the basis of the return from regular plan growth option of the scheme. Past performance may or may not be sustained in future. All returns are in CAGR - Compounded Annualized Growth Rate. N.A. Not Available. Inception of UTI CCF – Investment Plan : Jan 30, 2008 Note: The loads have not been taken into account. Systematic Investment Plan (SIP) returns are worked out assuming investment of Rs.10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods. For performance of other funds managed by the same Fund Manager, please refer the Slide No. 31 & 32

26

Performance Track Record

Major Portfolio Changes

(over the previous quarter) Increase in Allocation

(Top 3 Stocks)

Decrease in Allocation

(Top 3 Stocks)

Increase in Allocation

(Top 3 Sectors)

Decrease in Allocation

(Top 3 Sectors)

Stocks Entered

(Top 5)

Stocks Exited (Top 5)

27

All data as of December 2019

Major Portfolio Changes

(over the previous quarter) Increase in Allocation

(Top 3 Stocks)

Decrease in Allocation

(Top 3 Stocks)

Increase in Allocation

(Top 3 Sectors)

Decrease in Allocation

(Top 3 Sectors)

Stocks Entered

(Top 5)

Stocks Exited (Top 5)

UTI CHILDRENS CAREER FUND - SAVINGS PLAN UTI CHILDRENS CAREER FUND - INVESTMENT PLAN

Portfolio Snippets (Equity)

• L&T INFOTECH LTD
• PETRONET LNG LTD.
• ICICI BANK LTD
• ESSEL PROPACK LTD.
• MRF LTD.
• MARUTI SUZUKI INDIA LTD.
• GUJARAT GAS LTD
• BAJAJ FINANCE LTD.
• JYOTHY LABS LTD.
• CERA SANITARYWARE LTD.
• HERITAGE FOODS LTD.
• LARSEN & TOUBRO LTD.
• NAVNEET EDUCATION LTD.
• FDC LIMITED
• BOSCH LTD.
• CRISIL LTD.
• ICICI BANK LTD
• HDFC BANK LIMITED
• PETRONET LNG LTD.
• MARUTI SUZUKI INDIA LTD.
• BRITANNIA INDUSTRIES LTD.
• MOTHERSON SUMI SYSTEMS

LTD.

• GUJARAT GAS LTD
• ESSEL PROPACK LTD.
• BAJAJ FINANCE LTD.
• JYOTHY LABS LTD.
• CERA SANITARYWARE LTD.
• LARSEN & TOUBRO LTD.
• IPCA LABORATORIES LTD.
• KOTAK MAHINDRA BANK LTD.
• HINDUSTAN UNILEVER LTD
• BOSCH LTD.
• ENERGY
• IT
• TELECOM
• AUTOMOBILE
• INDUSTRIAL MANUFACTURING
• MEDIA & ENTERTAINMENT
• ENERGY
• FINANCIAL SERVICES
• IT
• CONSTRUCTION
• AUTOMOBILE
• PHARMA

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Long Term performance track record Portfolio quality

Quality Debt Papers and established names in Equity Tax Advantage $ Scholarship amount does not form part

• f total income of

the beneficiaries Disciplined Investment Long term focus & “Constancy to

purpose “

• Past performance or may not be sustained in the future. $Tax advantage is subject to prevailing tax regulations The rates are applicable as per prevailing tax regulations. Investor

may consult his/her financial advisor before arriving at any investment decision.

Investor looking to invest for their children (up to the age of 18 years) in a portfolio inclined towards Equity

Why invest in UTI Children’s Career Fund

Scholarship payable to the beneficiary after he/she completes 18 years of age. Applicant can choose at the time of joining the plan the number of installments of scholarships which could be 4,5,6,7 or 8 payable or yearly or half yearly intervals Scholarship payment in April/October every year. Payment of scholarship after beneficiaries attain the age of 18 . The amount of scholarship will be paid by effecting redemption of desired number of units at the applicable NAV as on 1st April or 1st October

$ - Tax advantage is subject to prevailing tax regulations. You may consult tax expert to know more details or any investment decision. Under the scholarship option of both the Plans, scholarship is paid to the beneficiary after he / she attains the age of 18 years to meet cost of his / her education. The scholarship granted to meet the cost of education does not form part of the total income of the beneficiary under section 10(16) of the Income Tax Act, 1961 so long as education is not discontinued by the beneficiary.

Tax efficient $ Scholarship granted to meet the cost of education does not form Part of the total income of the beneficiaries

29

UTI CCF Scholarship Option tax benefit with periodical payment option

30

"Every dollar you put aside now is one less that your child has to find later.“

• Richard J. Polimeni, director,

Education Savings Programs at Merrill Lynch

“Wise investment moves can help children look forward to a better future”

• Aberdeen ‘s Investments (Global Asset Manager)

• a. Mr. Amandeep Chopra manages 11 open-ended schemes of UTI Mutual Fund.
• b. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.
• c. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).
• d. The performance data of the top 3 and bottom 3 schemes managed by Mr. Amandeep Chopra has been provided herein.

Performance of other funds managed by the Fund Manager Mr Amandeep Chopra

(as of 31/12/2019)

Scheme

Benchmark 1 Year (%) 3 Years (%) 5 Years (%) Fund Benchmark Fund Benchmark Fund Benchmark

UTI Gilt Fund CRISIL Dynamic Gilt Index

11.83 10.19 7.42 6.36 8.72 8.15

UTI Money Market Fund (along with Mr. Amit Sharma) CRISIL Money Market Index

7.98 7.57 7.47 7.39 7.68 7.66

UTI Liquid Cash Plan (along with Mr. Amit Sharma) CRISIL Liquid Fund Index

6.63 6.86 6.91 7.03 7.33 7.36

UTI Bond Fund CRISIL Medium To Long Term Debt Index

• 5.84

10.85 0.49 7.07 4.20 8.60

UTI Dynamic Bond Fund CRISIL Dynamic Debt Index

• 3.85

10.41 1.76 6.91 5.30 8.37

UTI Retirement Benefit Plan CRISIL Short Term Debt Hybrid 60-40 Fund Index

• 1.03

10.03 4.62 10.38 5.82 8.94

UTI Unit Linked Insurance Plan (Debt Portion) CRISIL Short Term Debt Hybrid 60-40 Fund Index

0.24 10.03 6.36 10.38 6.45 8.94

31

Performance of other funds managed by the Fund Managers (as of 31/12/2019)

Performance of other open-ended schemes managed by the Fund Manager Mr. Vishal Chopda

Scheme Inception Date Managing the Fund Since Benchmark 1 Year (%) 3 Years (%) 5 Years (%) Fund Benchmark Fund Benchmark Fund Benchmark

UTI India Consumer Fund

30-Jul-07

Aug-19 Nifty India Consumption 5.78 0.55 11.03 13.43 6.75 9.43

• a. Mr. Vishal Chopda manages 4 open-ended schemes of UTI Mutual Fundb. Period for which scheme’s performance has been provided is computed

basis last day of the month-end preceding the date of advertisement.

• c. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

Performance of other open-ended schemes managed by the Fund Manager Mr. Vetri Subramaniam

Scheme Inception Date Managing the Fund Since Benchmark 1 Year (%) 3 Years (%) 5 Years (%) Fund Benchmark Fund Benchmark Fund Benchmark UTI Value Opportunities Fund

(along with Mr. Amit Premchandani)

20-Jul-05 Feb-17 Nifty 500 TRI 10.4 8.97 11.61 13.65 6.05 9.11

• a. Mr. Vetri Subramaniam manages 4 open-ended schemes of UTI Mutual Fund. Period for which scheme’s performance has been provided is computed basis last day of the month-end

preceding the date of advertisement.

• c. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

Performance of other open-ended schemes managed by both Mr. Vetri Subramaniam & Mr. Vishal Chopda

Scheme Inception Date Managing the Fund Since Benchmark 1 Year (%) 3 Years (%) 5 Years (%) Fund Benchmark Fund Benchmark Fund Benchmark

UTI Long Term Equity Fund(Tax saving)

15-Dec-99

Sept-17 Nifty 500 TRI 10.35 8.97 11.17 13.65 7.80 9.11

32

Period Fund Performance Vs Benchmark Growth of ` 10,000/- NAV (%) Crisil Short Term Debt Hybrid (60:40) (%) Crisil 10 year Gilt Index (%) NAV (`) Crisil Short Term Debt Hybrid (60:40) (`) Crisil 10 year Gilt Index (`) 1 Year 3.2 10.03 10.46 10320 11003 11046 3 Years 5.64 10.38 5.39 11789 13448 11706 5 Years 6.78 8.94 7.64 13884 15348 14453 Since Inception 10.94 N/A N/A 156416 N/A N/A

Fund Performance Vs Benchmark (as of 31/12/2019)

Source: MFIE. The above value is calculated on the basis of the return from regular plan growth option of the scheme. Past performance may or may not be sustained in future. All returns are in CAGR - Compounded Annualized Growth Rate. N.A. Not Available. Inception of UTI Unit Linked Insurance Plan : Oct 01, 1971 Note: The loads have not been taken into account. Systematic Investment Plan (SIP) returns are worked out assuming investment of Rs.10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods.@:Since inception return for above mentioned schemes is taken for the period December 2004 to September 2019 (Since SIP facility was introduced in November 2004). For performance of other funds managed by the same Fund Manager, please refer the Slide No. 20 The current fund manager Mr. Ajay Tyagi (equity portion) is managing the fund since Dec 2014 and fund manager Mr. Amandeep Chopra (Debt portion) is managing the fund since Dec 2006.

Period Investment Amount (`) Value Fund (`) Crisil Short Term Debt Hybrid (60:40) (`) Yield Fund (%) Crisil Short Term Debt Hybrid (60:40) (%) 1 Year 120000 123791 126759 5.91 10.60 3 Years 360000 378309 410560 3.25 8.73 5 Years 600000 687632 756384 5.39 9.20 Since Inception* 1810000 3881137 4085332 9.47 10.07

Systematic Investment Plan (SIP) Returns (as of 31/12/2019)

Performance CCF Savings Plan

33

Period Fund Performance Vs Benchmark Growth of ` 10,000/- NAV (%) S&P BSE 200 TRI Nifty 50 TRI NAV (`) S&P BSE 200 TRI Nifty 50 TRI 1 Year 6.89 8.97 13.48 10689 10897 11348 3 Years 12.25 13.65 15.65 14144 14679 15468 5 Years 8.00 9.11 9.38 14696 15468 15660 Since Inception 10.47 8.31 8.75 32789 25909 27193

Fund Performance Vs Benchmark (as of 31/12/2019)

Source: MFIE. The above value is calculated on the basis of the return from regular plan growth option of the scheme. Past performance may or may not be sustained in future. All returns are in CAGR - Compounded Annualized Growth Rate. N.A. Not Available. Inception of UTI Unit Linked Insurance Plan : Oct 01, 1971 Note: The loads have not been taken into account. Systematic Investment Plan (SIP) returns are worked out assuming investment of Rs.10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods.@:Since inception return for above mentioned schemes is taken for the period December 2004 to September 2019 (Since SIP facility was introduced in November 2004). For performance of other funds managed by the same Fund Manager, please refer the Slide No. 20 The current fund manager Mr. Ajay Tyagi (equity portion) is managing the fund since Dec 2014 and fund manager Mr. Amandeep Chopra (Debt portion) is managing the fund since Dec 2006.

Period Investment Amount (`) Value Fund (`) Nifty 500 TRI Yield Fund (%) Nifty 500 TRI 1 Year 120000 128502 127112 13.38 11.16 3 Years 360000 394496 404550 6.04 7.73 5 Years 600000 741920 766128 8.43 9.71 Since Inception* 1430000 2884376 2997797 11.18 11.77

Systematic Investment Plan (SIP) Returns (as of 31/12/2019)

Performance CCF Investment Plan

34

Mutua ual l Fund Investments are subject ct to market et risks ks, , read all scheme relate ated document uments caref efully ully

Registered Office: UTI Tower, 'Gn' Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400051. Phone: 022 – 66786666. UTI Asset Management Company Ltd. (Investment Manager for UTI Mutual Fund) E-mail: invest@uti.co.in, (CIN-U65991 MH2002GOI137867). For more information, please contact the nearest UTI Financial Centre or your AMFI/NISM certified UTI Mutual Fund Independent Financial Advisor (IFA), for a copy of Statement of Additional Information, Scheme Information Document and Key Information Memorandum cum Application Form Disclaimers: The information in this document is provided for information purposes only. It does not constitute any offer, recommendation or solicitation to any person to enter into any transaction or adopt any hedging, trading or investment strategy, nor does it constitute any prediction of likely future movements in rates or prices or any representation that any such future movements will not exceed those shown in any illustration. Users of this document should seek advice regarding the appropriateness of investing in any securities, financial instruments or investment strategies referred to on this document and should understand that statements regarding future prospects may not be realized. The recipient of this material is solely responsible for any action taken based on this material, Opinions, projections and estimates are subject to change without notice. UTI AMC Ltd is not an investment adviser, and is not purporting to provide you with investment, legal or tax advice. UTI AMC Ltd or UTI Mutual Fund(acting through UTI Trustee Company Pvt. Ltd.) accepts no liability and will not be liable for any loss or damage arising directly or indirectly (including special, incidental or consequential loss or damage) from your use of this document, howsoever arising, and including any loss, damage or expense arising from, but not limited to, any effect, error, imperfection, fault, mistake or inaccuracy with this document, its contents or associated services, or due to any unavailability of the document or any part thereof or any contents or associated services.