Uti Asset Management Co. Ltd. · NSE:UTIAMC
Uti Asset Management — Investor Presentation (September 2023)
23 slides from Uti Asset Management's investor presentation, September 2023
Slide 1: UTI Flexi Cap Fund
UTI Flexi Cap Fund (An open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks) SCHEME Focused Flexi Cap Value Fund ELSS CATEGORY Fund Fund STOCK Low Moderate High Concentration Concentration Concentration CONCENTRATION (> 60 stocks) (40 - 60 stocks) (<40 stocks) INVES
Slide 2: Team Powered by Process
TEAM Team driven approach Discussion & Review POWERED BY PROCESS Standardized research methodology Companies get Operating Cash Flow (OCF) & Return on Capital Employed (RoCE) ratings based on their previous 5 years financials 3 Tier Rating System OCF C1 C2 C3 RoCE R1 R2 R3 Rating Rating HIGH C
Slide 3: Product Spectrum on Risk v/s Return Grid (Active Funds)
Product Spectrum on Risk v/s Return Grid (Active Funds) CORE ALLOCATION CORE SATELLITE ALLOCATION TACTICAL ALLOCATION UTI B&FS Fund UTI Healthcare Fund UTI T&L Fund RETURN POTENTIAL UTI India Consumer Fund UTI Dividend Yield Fund UTI Focused Equity Fund UTI Infrastructure Fund UTI MNC Fund UTI Core
Slide 4: Investment Philosophy
Investment Philosophy Quality Growth Valuation Quality determined by Growth determined by Capital efficiency: Valuations determined by Profitability & Earnings: Track record of high and Consistency in cash flow Strong track record of industry leading RoCEs (RoAs generation earnings growth over
Slide 5: Investment Framework
Investment Framework Bottom-up philosophy with focus on micro economics of the businesses that are part of the portfolio rather than on the global / local macro factors Long term investment focus with very low portfolio turnover Look to invest in companies that can use market slowdown to stren
Slide 6: Investment Framework (contd.)
Investment Framework (contd.) 01 Investment Style Growth (Biased to High RoCEs & Strong Cash Flows) Bottom-up Approach 02 Stock/Sector Selection Preference for quality companies with long run-way for growth and non-cyclical Agnostic to Market Cap 03 Market Cap Preferred Allocation: Large Cap: 60-70%
Slide 7: UTI Flexi Cap Fund: Fund Facts
UTI Flexi Cap Fund: Fund Facts Type of scheme Flexi Cap Fund - An open-ended Investment Objective dynamic equity scheme investing The primary objective of the scheme is to generate long term capital across large cap, mid cap, small cap appreciation by investing predominantly in equity and equity rel
Slide 8: Fund Facts (contd.)
Fund Facts (contd.) Fund Snapshot Fund Size: Portfolio Composition# Monthly Avg. AuM : ` 25,580 Crores Last Day AuM : ` 25,612 Crores OCF ROCE C1 : 93% R1 : 83% C2 : 2% R2 : 15% C3 : 5% R3 : 2% Market Capitalisation (%) Fund BM Price to Book Large : 62 74 6.64 9.62 Mid : 26 17 UTI Flexi Cap Fund Pri
Slide 9: Long-term trend of portfolio composition
UTI Flexi Cap Fund: Long-term trend of portfolio composition OCF Tier RoCE Tier 100% 100% 80% 80% 60% 60% 40% 40% 20% 20% 0% 0% Aug-20 Feb-21 Aug-21 Feb-22 Aug-22 Feb-23 Aug-23 Aug-20 Feb-21 Aug-21 Feb-22 Aug-22 Feb-23 Aug-23 C1 C2 C3 R1 R2 R3 P/E Multiple (x) P/B Multiple (x) RoE 60 16 26 55 14 24
Slide 10: Scheme Portfolio
Scheme Portfolio Large Cap Stocks (Top 10 holdings) Mid cap stocks STOCK NAME SECTOR % to NAV Act. Wt % STOCK NAME SECTOR % to NAV Act. Wt % HDFC BANK LTD FINANCIAL SERVICES 6.56 -2.25 COFORGE LTD IT 3.18 3.01 LTIMINDTREE LTD IT 6.34 5.98 ICICI BANK LTD FINANCIAL SERVICES 5.86 0.82 INFO-EDGE (INDIA)
Slide 11: Portfolio Snapshot
Portfolio Snapshot Active Stock Position Sectoral Breakdown (%) (As compared to Benchmark) (As compared to Benchmark) Active Weight Overweight (Top 5) FINANCIAL SERVICES 24.52 -6.6 IT 14.24 3.9 % to Act. Wt STOCK NAME SECTOR CONSUMER SERVICES 12.04 9.4 NAV % HEALTHCARE 11.27 5.8 LTIMINDTREE LTD IT 6
Slide 12: Portfolio Commentary
Portfolio Commentary Financial Services: Credit growth in the economy has picked up Automobile & Automobile Components: and the same is visible in the loan book growth of the banking The Auto sector is emerging from the sector. The sector has gone through a phase of balance sheet issue of muted volu
Slide 13: Portfolio Commentary (contd.)
Portfolio Commentary (contd.) IT: The sector is witnessing short-term Healthcare: The sector has been impacted in recent moderation in spending, however, months by supply chain disruptions and high raw longer-term growth potential of the material costs, but we see this as a short-term sector remains
Slide 14: Rolling Return Analysis
Rolling Return Analysis Rolling Returns of UTI Flexi Cap Fund - 15 Years Lowest Highest Median 103% 32% 24% 19% Median Rolling 13% 15% 15% 8% 15% Returns 1% (CAGR) -2% -24% 1 Year 3 Years 5 Years 10 Years Instances of -ve Returns 19.9% 0.2% 0.0% 0.0% Over 8% 62.9% 85.8% 94.6% 100.0% Rolling Returns
Slide 15: Performance Track Record
Performance Track Record ` 10,000 Invested at Inception: UTI Flexi Cap Fund Vs Nifty 500 TRI 405000 ` 3.82 Lakhs 355000 CAGR – 12.41% ` 3.24 Lakhs 305000 CAGR – 11.82% 255000 Amount in ` 205000 155000 105000 55000 5000 Aug-98 Aug-07 Aug-20 Aug-92 Aug-93 Aug-94 Aug-95 Aug-96 Aug-97 Aug-99 Aug-00 Aug-
Slide 16: Why Invest in UTI Flexi Cap Fund?
Why Invest in UTI Flexi Cap Fund? Prudent & Strong Portfolio of Quality Businesses The Fund shall comprise of high-quality businesses that have an ability to show strong growth for a long period of time and are run by seasoned managements “Quality” companies performs across market cycles “Quality”
Slide 17: Performance Track Record
Performance Track Record UTI Flexi Cap Fund Performance Vs Benchmark as of 31/08/2023 Fund Performance Vs Benchmark Growth of ` 10,000/- Period Scheme AB: Nifty 50 TRI Scheme B: Nifty 500 TRI AB: Nifty 50 TRI B: Nifty 500 TRI (%) Returns (%) (%) Returns (`) (`) (`) 1 Year 3.91 11.42 9.53 10,391 11,1
Slide 18: Performance Track Record (contd.)
Performance Track Record (contd.) Performance of other open-ended schemes managed by the Fund Manager Mr. Ajay Tyagi Inception Managing Benchmark 1 Year (%) 3 Years (%) 5 Years (%) Scheme Date Since (BM) Fund BM Fund BM Fund BM Nifty 50 Hybrid UTI Unit Linked 01-Oct-71 Dec-14 Composite Debt 50:50 5.
Slide 19: Product Label
Product Label Riskometer of Name of the Scheme This product is suitable for investors who are seeking* Riskometer of Fund# Benchmark S&P BSE 100 TRI UTI Mastershare Unit Scheme • Long term capital appreciation (An open ended equity scheme predominantly • Investment predominantly in equity instrument
Slide 20: Product Label
Product Label Riskometer of Name of the Scheme This product is suitable for investors who are seeking* Riskometer of Fund# Benchmark • Long term capital appreciation Nifty Infrastructure TRI UTI Infrastructure Fund • Investment predominantly in equity and equity related (An open ended equity scheme
Slide 21: Product Label
Product Label Riskometer of Name of the Scheme This product is suitable for investors who are seeking* Riskometer of Fund# Benchmark UTI Children’s Career Fund – Savings Plan CRISIL Short Term Debt • Long term capital appreciation Hybrid 60+40 Fund Index (An open ended fund for investment for childr
Slide 22: Mutual Fund Investments are subject to market risks
The information contained in this document is for general purposes only and is not an offer to sell or a solicitation to buy/ sell any mutual fund units / securities. The information / data here in alone are not sufficient and should not be used for the development or implementation of an investment
Slide 23: Thank You
Thank You 23 Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
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