Jun 2021 UTI Flexi Cap Fund Equity - Flexi Cap Fund

Inception Date Investment Objective 18-May-92

The primary objective of the scheme is to generate NAV - Growth long term capital appreciation by investing ₹ 223.29 predominantly in equity and equity related securities of companies in a flexible manner across Month End AUM (Crs.) the market capitalization spectrum. However, there ₹ 18,404.64 can be no assurance or guarantee that the Benchmark investment objective of the scheme would be Nifty 500 achieved. Expense Ratio (%) % 2.01 Exit Load A) Redemption / Switch out within 12 months from the date of allotment (i) upto 10% of the allotted Units NIL (ii) beyond 10% of the allotted Units - 1.00 % (B) Redemption / Switch out after 12 months from the date of allotment NIL Type of Scheme Portfolio Composition Market Capitalisation 7% Flexi Cap Fund - An open ended dynamic equity scheme Price to Book 15% investing across large cap, mid cap, small cap stocks Benchmark (P/B) 7% Price to Earnings Investment Overview (P/E) 29% The Fund endeavours to pick high quality businesses Return on Equity (RoE) Fund in secular growth industries that can generate 64% economic value through the cycle rather than cyclical industries which are highly volatile. Investment 78% strategy involves picking of stocks with strong earnings quality (high operating cash flow and high Sectoral Breakup Large Cap Mid Cap Small Cap free cash flow characteristics) and those that can continue to show strong growth into the foreseeable future, thus providing for compounding of wealth. Industrial Healthcare Chemicals Others Financial Information Consumer Pharma Consumer Automobile Services Technology Goods Services Manufacturing services 2.12% 7.35% Fund Manager 24.96% 13.82% 12.66% 10.68% 9.28% 7.56% 6.47% 5.1% Ajay Tyagi Top 10 Holdings Managing the Fund Since Jan-16 Company Sector May-21 Apr-21 Change** Total Work Exp: 20 Years HDFC Bank Ltd. Banks 5.96 5.64 With UTI AMC: 20 Years Ltd. Finance 5.80 6.05 Mr. Ajay Tyagi, CFA is an executive vice president at Housing Development Finance Corporation Ltd. Finance 4.47 3.93 UTI Asset Management Company Ltd. and a fund Larsen & Toubro Infotech Ltd. Software 4.38 4.44 manager in the Equities team. He is presently working Ltd. Banks 4.29 3.98 as a Fund Manager in the Department of Fund Astral Ltd. Industrial Products 3.76 3.47 Management where he is managing a few domestic Ltd. Software 3.73 3.89 mutual fund schemes and is also an investment advisor Ltd. Software 2.90 2.74 to a few -dedicated offshore funds. He is a CFA Tata Consultancy Services Ltd. Software 2.81 2.88 Charterholder from The CFA Institute, USA and also Motherson Sumi Systems Ltd. Auto Ancillaries 2.62 2.43 holds a Masters degree in Finance from Delhi Indicates an increase or decrease or no change in holding since last portfolio University. Indicates a new holding since last portfolio

** Changes are calculated on the basis of market value of shares

Portfolio Characteristics Key Ratios Fund Benchmark Rating May-21 Mar-21 Dec-20 Sep-20 Jun-20 Mar-20 Dec-19 Sep-19 Beta 0.88 1.00 Total Stocks 53 53 54 52 53 53 51 52 Sharpe Ratio (%) 0.72 -- Median Mkt Cap (` Cr.) 71,189 70,496 67,054 47,159 49,824 38,825 54,914 67,608 Standard Deviation (%) 19.18 20.96 Mkt Cap (` Cr.) 2,08,531 2,01,798 2,06,507 1,59,855 1,53,471 1,26,180 1,66,952 1,69,757 Treynor Ratio (%) 15.80 10.28 Allocation (%) PTR (Annual) (%) 10.00 -- Top 5 Holdings 24.89 23.98 26.02 24.42 26.14 23.67 27.10 27.42 Top 10 Holdings 40.70 40.55 42.53 40.67 42.24 39.94 43.88 44.30 Top 5 Entry/Exit (Over the month) Top 3 Sectors 51.43 52.88 53.55 51.71 52.25 52.13 56.74 58.47 Entry Exit Stock % to NAV Stock % to NAV Nil Amara Raja Batt 0.44 This Product is suitable for investors who are seeking*: -(i) Long term capital appreciation -(ii) Investment in equity instruments of companies with good growth prospects across the market capitalization spectrum

* Investors should consult their financial advisor if in doubt about whether the product is suitable for them.

Data as on May 31, 2021 Jun 2021 Fund Performance (Growth of ` 10,000) Fund Performance (%)

UTI Flexi Cap 80 75.2 Nifty 500 TRI Nifty 50 TRI* 70.8 Fund - Growth 70 64.4 Period ` ` ` 60 50 1 Year 17,522 17,076 16,443 40

30 Return (%) 3 Years 16,143 14,692 15,052 17.3 17.0 15.6 20 13.7 14.6 15.3 12.9 11.8 10 5 Years 21,896 20,643 20,359 0 1 Year 3 Years 5 Years Since Inception Since Inception^ 3,40,510 2,54,764 -- UTI Flexi Cap Fund - Growth Nifty 500 TRI Nifty 50 TRI*

SIP Performance (Growth of ` 10,000 invested every month) SIP Performance (%)

UTI Flexi Cap 65 61.5 Nifty 500 TRI Nifty 50 TRI* 60.6 Fund - Growth 53.6 Amount 52 Period ` ` ` Invested 39 1 Year 1,20,000 1,56,711 1,56,205 1,52,228 28.5 24.2 26 22.5 Return (%) 20.6 3 Years 3,60,000 5,42,187 5,11,222 4,99,681 17.2 17.1 15.7 13.3 13.1 13 5 Years 6,00,000 10,01,399 9,20,529 9,20,070 0 Since 19,80,000 83,14,137 66,17,086 64,68,075 1 Year 3 Years 5 Years Since Inception Inception@ UTI Flexi Cap Fund - Growth Nifty 500 TRI Nifty 50 TRI*

Cumulative Performance (in `) 3 Years Rolling Returns (%)

250,000 UTI Flexi Cap Fund - Growth ₹ 3,40,510 30 ₹ Nifty 500 TRI 2,54,764 25 Average Return 200,000 (Fund) : 12.24% 20

10,000 150,000 15 ` 10 100,000

5 Rolling Returns ( %)

50,000 0 NAV rebased to -5

0 -10 Jan-95 Aug-01 Mar-08 Oct-14 May-21 May-16 May-17 May-18 May-19 May-20 May-21

Nifty 500 TRI UTI Flexi Cap Fund - Growth UTI Flexi Cap Fund - Growth Nifty 500 TRI Average

Calendar Year Performance (%)

2021 (YTD) 2020 2019 2018 2017 2016 UTI Flexi Cap Fund - Growth 11.6 31.4 11.7 3.5 30.1 1.1 Nifty 500 TRI 15.3 17.8 9.0 -2.1 37.7 5.1 Nifty 50 TRI* 12.0 16.1 13.5 4.6 30.3 4.4 Who should Invest? Key Highlights • Investors who wish to build their core equity portfolio holdings, that invests in • The Fund is positioned as a multi cap fund investing across the market capitalization spectrum quality businesses that generate economic value for a long period of time. • The Fund shall comprise of high quality businesses that have an ability to show strong growth for a • Investors in search of a fund which brings disciplined approach to the portfolio, long period of time and are run by seasoned managements while adhering to a bottom-up investment process. - companies performs across market cycles - companies mitigate drawdown Investment Horizon - companies rebound faster based on the strong fundamentals of balance sheets & • Ideal for investment with a time horizon of preferably, 5 years or above. business models • Investment through Systematic investment Plan (SIP) may help in tackling the - companies are across market caps and are not restricted only to large caps volatility of the broader equity market • The Fund would follow a bottom up stock selection with well defined metrics of free cash flows, capital efficiency and ability to compound earnings

Note * Additional Benchmark; Returns < 1 Year are Absolute and ≥ 1 Year are Compunded Annualised; Source: MFI Explorer Systematic Investment Plan (SIP) returns are worked out assuming investment of ₹ 10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into account. @:Since inception return for above mentioned schemes is taken for the period December 2004 to May 2021 (Since SIP facility was introduced in November 2004). Past performance may or may not be sustained in future. UTI Equity Fund has been recategorised as a 'Flexi Cap Fund" with effect from Feb 12, 2021 and accordingly the name has been changed to UTI Flexi Cap Fund All data points pertains to UTI Equity Fund - Growth; ^Since Inception returns for fund performance is calculated from 18-May-92 Different plans have a different expense structure. The performance details provided herein are of regular plan. For performance of other funds managed by the fund manager, please refer https://bit.ly/UTIMFFundPerformanceReportMay2021 Disclaimers: The information on this document is provided for information purposes only. It does not constitute any offer, recommendation or solicitation to any person to enter into any transaction or adopt any hedging, trading or investment strategy, nor does it constitute any prediction of likely future movements in rates or prices or any representation that any such future movements will not exceed those shown in any illustration. Users of this document should seek advice regarding the appropriateness of investing in any securities, financial instruments or investment strategies referred to on this document and should understand that statements regarding future prospects may not be realized. The recipient of this material is solely responsible for any action taken based on this material. Opinions, projections and estimates are subject to change without notice. UTI AMC Ltd is not an investment adviser, and is not purporting to provide you with investment, legal or tax advice. UTI AMC Ltd or UTI Mutual Fund (acting through UTI Trustee Company Pvt. Ltd) accepts no liability and will not be liable for any loss or damage arising directly or indirectly (including special, incidental or consequential loss or damage) from your use of this document, howsoever arising, and including any loss, damage or expense arising from, but not limited to, any defect, error, imperfection, fault, mistake or inaccuracy with this document, its contents or associated services, or due to any unavailability of the document or any part thereof or any contents or associated services. Source: ICRA Analytics Ltd. Readers are requested to click here for ICRA Analytics Ltd disclaimer

Data as on May 31, 2021 Mutual Fund Investments are subject to market risks, read all scheme related documents carefully