UTI Mastershare Fund Review

 

UTI Mastershare Fund Review

UTI Mastershare fund is the India’s first equity diversified mutual fund. I mean it’s the oldest mutual fund in the history of Indian mutual funds.

Let us review this fund today.

Well, its the Equity diversified mutual fund having allocation in the diversified stocks. It invests in Large & Midcap stocks mainly.

It invests very small proportion of money in small cap stocks. Entry load is NIL and Exit load is NIL after 1 year of investment. In Over the past decade, the fund has given good returns.

The fund was launched on 15th October 1986. The Dividend payout history of the fund is also good. The only thing of concern for me about this fund is that, Valueresearchonline.com, India’s most reputed fund rating agency has not yet rated this fund. I really don’t know why?

But well, you can invest in this fund as I am a great fan of equity diversified mutual funds having a past record of good performance.

When it comes to mutual fund investing, Always go for equity diversified mutual funds. Have 2-3 equity diversified mutual funds in your portfolio for long term.

Avoid fancy funds like sector/thematic funds or hybrid funds or capital protection funds. And yes, of course insurance cum investment products.

This fund can be a good long term bet in my opinion. So go for it.