UTI MF: Mastershare 27 Continuous Years of Annual Dividends..!

UTI Mutual Fund (MF) Mastershare has its loyal set of investors, who have been rewarded with annual dividends continuously for the past 27 years - through all the ups & downs of different share market cycles

Mastershare is stick to an 80% large cap allocation and a 20% midcap allocation.

Mastershare adopts a more top down approach. In Mastershare, its more top down as we tend not to deviate too much from the benchmark's sectoral allocations.

So, while the fund manager Ms. Swati Kulkarni, ( Executive VP & Fund Manager, UTI MF) pick entirely different stocks within a sector as compared to the benchmark, the overall sectoral weightage will be reasonably close to the benchmark. The fund house do take active positions at a sectoral level too, but it would not be too large a deviation.

Ms. Swati Kulkarni, Executive VP &
Fund Manager, UTI MF.

 Actually the portfolio of UTI Mastershare turnover is very low - its only about 25%.The fund house have never really had to resort to profit booking only to generate distributable surplus for dividends.

The UTI MF have been fortunate that have been able to maintain a track record of annual dividends for 27 years. Its easier in markets like these, but is more challenging in downturns.



UTI Mastershare has a large set of old investors who have stayed invested through many years. For them, an annual dividend is a welcome additional income. While there can be no guarantee on giving out dividends.

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