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UTI MASTER VALUE

Master Value has been a decent performer, especially since 2007. But the scheme can take time to yield returns given its value style of investment and higher exposure to mid-caps and small caps. Invest only with a long-term horizon

 

For a country that is gung-ho about growth, the value style of investment is hard to sell, with hardly any takers. UTI Master Value is probably one of the oldest value-oriented equity schemes. However, in keeping with the market trend, it has skewed its focus from pure value to growth at reasonable prices (GARP). Master Value shot into the limelight in 2009 delivering over 115% returns which more than compensated for the loss in its NAV in the previous year. Its focus on GARP helped it do well in 2010 despite volatility. It returned more than 27% gains against 17% returns made by the Sensex. The strategy has, however, backfired on the scheme this year as GARP stocks have declined the most in the current market.
 

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