Oldest Mutual Fund Scheme: UTI MasterShare Fund, the oldest scheme of mutual funds, is still thriving investors today.
Oldest Mutual Fund Scheme: UTI MasterShare Fund, the oldest scheme of mutual funds, is still thriving investors today. By the end of the year 1993, 9 equity mutual funds were present for investment in the country. The UTI MasterShare Fund is the oldest of these, which has consistently given 17.50 per cent CAGR returns for the last 34.5 years. In this context, if someone had invested Rs 25,000 at the time of launch in this fund, then his fund would have increased to more than 1 crore today. Although this fund may not be noticed by many people, but it is included in the top fund in giving returns.
About UTI MasterShare Fund
Launch date: 18 October 1986
Return since launch: 17.50% CAGR
Value of 25 thousand investment since launch: 1 crore Value
Of 1 lakh in 20 years: Rs 18 lakh Value
Of 10 thousand monthly SIP in last 20 years : 1.26 Crore
Assets: 7739 Crore (March 31, 2021)
Expense Ratio: 1.88% (March 31, 2021)
Minimum Investment: Rs 100
Minimum SIP: Rs 100
Topped in giving returns even in short term
Talking about UTI MasterShare Fund, not only long term short term returns but also high. In the past 1 year, the fund has given 48.25 per cent returns, while in 3 years the returns have been 11.28 per cent. In 5 years, the returns of this fund have been 13.47 per cent, 7-year returns 13.88 per cent and 10-year returns have been 11.67 per cent. The risk in this fund is less than the average.
Return in 1 year: 48.25 per
cent Return in 3 years: 11.28 per
cent Return in 5 years: 13.47 per
cent Return in 7 years: 13.88 per
cent Return in 10 years: 11.67 per cent
Money has increased by 40 times
Talking about UTI MasterShare Fund, it has increased the money of investors more than 400 times in the last 34 years. If someone would have invested 25 thousand rupees in the fund at the time of launch, then its value has become more than 1 crore rupees today. At the same time, the fund has given 18 times returns in the last 20 years.
Top Holding: Infosys, HDFC Bank, ICICI Bank, HDFC, TCS, Airtel, HUL and Shree Cement
Best performance
Monthly: Between 14 September 2007 and 16 October 2007, 28.29 per cent returns were received.
Annually: Between 09 March 2009 to 11 March 2010, 92 per cent returns were received.
Worst performance
Monthly: Between 20 February 2020 to 23 March 2020, negative 34 per cent returns were received.
Annually: Between 04 December 2007 to 03 December 2008, negative 52 per cent returns were received.
(source: value research)
(Note: We have given information here about the performance of the fund. It is not an investment advice. Given the risk of the market, be sure to consult the expert before investing.)
