Mutual Fund Review: UTI OPPORTUNITIES FUND

Investment Strategy:

UTI Opportunities fund invests in sectors that are expected to do well in the future while moving out of sectors which look overvalued. In the past three years, large cap stocks on an average account for 74.6% of the portfolio, midcap stocks account for 4.4% of the portfolio, small cap stocks account for 4.4% of the portfolio and cash holdings account for 12.7% of the portfolio.

Automobiles, Banking, Information Technology, Cement & Construction and Cigarettes are the important sectors for this portfolio. These five sectors on an average account for 27% of the portfolio over the past three years and for 35.5% of the portfolio in 2010. Automobile is the largest sector and the allocation to this sector has grown rapidly from 1% in August 2009 to 9.11% in December 2010.

Asset Size:

The fund's AUM is around Rs. 1583 crore as at 31 March 2011.

Performance:

This fund is one of the better performing domestic equity funds in India and the third best performing multi cap fund on our platform over a 5 year period (31 December 2005 to 31 December 2010).

This fund has outperformed its benchmark, the BSE 100 Index across all periods, right from six months till since inception. Over a 1 year period, this fund has given 19.0% while its benchmark has given 15.7% and over a 5 year period, this fund has given 17.94% while its benchmark has given 16.6%.

SBI Magnum Tax Gain Scheme 1993 Applcation Form

https://sites.google.com/site/mutualfundapplications/tax-saving-mutual-funds-elss Investment Details Basics Min Investment (Rs) 500 Subsequent Investment (Rs) 500 Min Withdrawal (Rs) -- Min Balance -- Pricing Method Forward Purchase Cut-off Time (hrs) 15 Redemption Cut-off Time (hrs) 15 Redemption Time (days) -- Lock-in 1095 days Cheque Writing -- Systematic Investment Plan SIP Yes Initial Investment (Rs) -- Additional Investment (Rs) 500 No of Cheques 12 Note Monthly investment of Rs 1000 for 6 months and quarterly investment of Rs 1500 for 4 quarters.

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