UTI Retirement Benefit Fund is open ended retirement solution oriented scheme having a lock in of 5 years or Riskometer

till retirement age (whichever is earlier)

Fund Benchmark
This product is suitable for investors who are seeking*:
• Long term capital appreciation
• Investment in equity instruments (maximum-40%) and debt/money market instruments
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Risk-o-meter for the fund is based on the portfolio ending January 31, 2023. The Risk-o-meter of the fund/s is/are evaluated on monthly basis and
any changes to Risk-o-meter are disclosed vide addendum on monthly basis, to view the latest addendum on Risk-o-meter, please visit addenda
section on https://utimf.com/forms-and-downloads/
 Emerging Trends in domestic retirement market

By 2050 there would be 324mn of people over Only 28% of the workers have a written
the age of 60 . retirement plan while 56% have a plan but not
1 - in - 6 persons will live in India by 2050 written down while 15% do not have any
plan

Reduction in govt benefits impacting In India, people expect as much as 46% of

retirement plans , Increased life expectancy,& their retirement income to come from their private
volatility in the financial markets are some of savings with just 24% coming from social
top most concerns of Indian . security & 30% from employer plans.

People have to pay more out-of-pocket medical

Only half of people take steps to eat
expenses, they are more likely to include
healthy & exercise regularly
healthcare costs as part of their retirement plans

Inputs on The Aegon Retirement Readiness Survey - June 2018

2
 The ever changing face of Retirement

Then

Job Shorter life Relatively Lower Relatively lower

Joint family system
longevity expectancies medical care cost retirement needs

Now

Job shuffle & Higher life Growing cost of Inadequate social Nuclear family
Instability expectancies healthcare security structure

3
 Key concerns on way to retirement planning

Rising medical cost Inflation

Significant rise in healthcare The potential threat eroding
cost purchasing power

Lack of Adequate
Savings

Rising Longevity Withdrawal

Life expectancy in the Sudden withdrawal from
country has gone the kitty impacts the plan

4
 Rising medical cost
o India’s medical inflation rate is 7% - 8.5% which is considerably higher than the annual general inflation rate.
o Today, the cost of a medical procedure goes into lakhs. Significant rise in out of the pocket expense also.
o Rising population, ageing in concentrated pockets, rising rates of chronic disease, lifestyle factors,
fragmented healthcare system, administrative burdens are some of the factors for rising medical care cost.

o Weakening of government sector medical facility and dominance of costlier private sector healthcare
adding to the concern

Some of the cost,

` 2,73,000/- ` 3,00,000/- ` 1,54,000/- ` 6,93,000

One stent for angioplasty Open heart surgery Breast Cancer Treatment$ Average kidney transplant cost

With rising medical inflation , the medical cost will increase incrementally every year

Source: (Cost of angioplasty, Cost of Open heart surgery, Cost of breast cancer treat, Cost of kidney transplant in India , Cost is only for medical
procedures, Non medical cost or out of pocket expense not included $ Conservative/Modified Radical Mastectomy, Data as of September 2022
5
 Inflation - the potential threat

The Impact of Inflation @ 7% The impact of Inflation @ 7%

monthly expenses growing over a period of time value of savings over a period of time

96,742
25,000
68,976 17,392
49,179 12,100
35,064 8,418
25,000 5,856

Today 5 yrs 10 yrs 15 yrs 20 yrs Today 5 yrs 10 yrs 15 yrs 20 yrs

Rising cost of daily consumables

` 25/- Per liter of Petrol in 2000 ` 25/- per litre of toned milk in 2010 ` 35/- 1 kg of basmati rice in 2000
Increase of 3X - 4X today Increase of more than 2X today increase of 3X-4X today

You can retire from your working life; but inflation never retires.

The illustration of the impact of inflation expense / savings Inflation considered at 7% on a monthly basis , Time Period assumed 20 years
This is for illustration purpose only and user of this information should not consider it as guidance or Recommendation towards investment decision. User is advised to consult their
investment advisor for his/her investment decision. Source : India today.in & times of india.indiatimes.com
6 Data as of January 2023
 Retirement planning with real rate of return in mind

o Inflation - critical factor to consider while planning for retirement

o Personal inflation rate may be different than the national inflation rate, depending on how you spend your money

o Inflation affects different asset classes differently – Equity tend to beat inflation while debt tend to offset

o Adjusting your investment against inflation can help you tame such concerns

Real rate of return = (Nominal rate of return - Inflation rate)

Assuming one spends `10,000 /- on monthly Value of different asset class / investment after
expense today he would require following 30 years & how they fare against inflation rate of 7%
amount with 7% inflation after 30 years
Type of investment Future value of
(Assuming ` 10,000/- invested investment after
Retirement Due Amt Required to meet in each ) 30 years
from now monthly expenses @7%
Saving banks account @ 3% ` 24,273/-
30 years ` 76,123/- Debt MF @ 6% ` 57,435/-
Equity MF @ 10% ` 1,74,494/-

Investment in equity has relatively higher potential to produce inflation beating returns. So its
important we get asset allocation right along with investment tenure

Annual compounding taken for the calculation. investment return / rate of return is hypothetical and meant
for illustration purpose only. Investor need to put their individual context for estimating the above numbers in consultation with investment advisor.
7
 Rising longevity – needs a holistic planning for extended years

Life expectancy (age in yrs)

75
73.2
72.3 A long life increases the
70.4 chances of disease also
70.9
70
68.9 69.3
67.8 Longevity is increasing while
67.1 people want to retire early
65 65.5
63.5 Sustenance for extended years
can be a key concern
India world
60
2000 2005 2010 2015 2020

% of Elderly population to total population

40 34
30
19 Retirement planning for a
20
bigger section of population
10 8

0
2015 2050 2100
Life expectancy of both the sexes combined.

Source: https://www.worldometers.info/
8 Data as of January 2023
 Withdrawal from the kitty can impact the plan severely

o The amount the retiree takes out from saving or investment each year has a decisive impact on the sustainability
of retirement corpus.

o There could be incident where the kitty may fall short in the middle of the journey.

` 1,00,000/- Becomes
invested approx.
every year @ Without any withdrawal `63.00 Lacs
10% for 20 at the end of
years 20 years

` 1,00,000/- Becomes A withdrawal to the tune of

invested approx. `2.50 Lacs
With withdrawal of ` 2.50 lacs `56.51 Lacs causes a loss of `6.50 from
every year @
in between (10th Year) at the end of investment kitty
10% for 20
years 20 years

Calculation methodology: Future value assuming ` 1,00,000 is invested in the beginning of every year for 20 year. Rate assumed at 10%
9
p.a. with withdrawal of ` 2,50,000 in the 10th year . The example is just for illustration purpose only .
 Deciding retirement corpus is pivotal

` 3 Crores ` 5 Crores ` 10 Crores ??

Key factors to decide the corpus Key consideration to reach the desired corpus

o Current age o Start Early

o Current Monthly Expense o Focus on right asset mix
o Inflation o Save more in case you plan to retire early
o Age of retirement o Focus on investing than just saving
o Life expectancy o Identify your risk appetite
o Rate of returns o Avoid withdrawal
o Invest regularly & top up in case of surplus

10
 Are you saving enough ?

Targeted Amount Saving Required Today How much are you saving
20 years hence
Annually Monthly

` 3 crores ` 3,71,753 ` 30,026 ???

` 5 crores ` 6,19,588 ` 50,043 ???

` 10 crores ` 12,39,177 ` 1,00,085 ???

Calculation methodology: Targeted amt mentioned is hypothetical, Annual & Monthly amount arrived through present value annuity formula, Interest rate assumed 12%
Time period assumed 20 years This is for illustration purpose only and user of this information should not consider it as guidance or recommendation towards investment
decision. User is advised to consult their investment advisor for his/her investment decision.
11
 Start early

Who will save more by 60 yrs of age ?

Starts at the Starts at the Starts at the
age of 25 age of 30 age of 35
A B C

Monthly Investment ₹ 5,000 7,500 10,000

Total Amount invested ₹ 21,00,000 27,00,000 30,00,000

Investment corpus at the age of 60 ₹ 3,24,76,345 2,64,74,353 1,89,76,351

Corpus of A Corpus of B Corpus of C

End result > 23% than that of B > 39% than that of C < 71% than that of A
> 71% than that of C < 18% than that of A < 28% than that of B

This is for illustration purpose only and user of this information should not consider it as guidance or recommendation towards investment decision. User is advised to
consult his /her investment advisor for his/her investment decision. Calculation Methodology – Future value based on 12% assumed rate. (Payment at the beginning
of the period)

12
 Power of compounding

₹1 lakh invested @ 10% for different time periods

Initial Contribution Growth Initial Contribution + Growth

Invested for
(₹ Lakh) (₹ Lakh) (₹ Lakh)

30 years 1.00 16.45 17.45

25 years 1.00 9.83 10.83

20 years 1.00 5.73 6.73

15 years 1.00 3.17 4.17

10 years 1.00 1.59 2.59

5 years 1.00 0.61 1.61

The longer the time, So, give time to your investment to work
the bigger the investment corpus. it to your advantage.

13
 To Summarise

 Retirement Planning is a milestone journey and not the destination

 Planning should be holistic in nature and not adhoc or plain

 A right choice of retirement corpus, an early start of investment with an appropriate

asset allocation and a disciplined approach are key to planning

 Selection of the right fund with requisite SIP amount and subsequent top up play very
important role in creating retirement corpus

 Financial freedom during the retired life leads to a high self esteem

14
 Presenting UTI Retirement Benefit Pension Fund

40% in A long term

60% in Debt
Equity solution for
Stability retirement
Growth planning
factor
factor

15
 Value Philosophy

CORE TENETS

01 02 03

Valuation RoCE > Cost of Capital Sound Businesses

- Below historical averages - Past Track Record - Fundamentally resilient
- Relative value - Future Growth Potential - Corporate Governance

A disciplined valuation approach that attempts to benefit from the fluctuations in

the valuation cycle of stocks

16
 Exclusion Filter

Poor operating cash Companies with Companies that

flow and/or weak debt servicing could experience a
RoCE through an challenges significant decline in
entire cycle terminal value

Weak corporate Mature

governance or poor businesses with
treatment of minority at expensive
shareholders valuations

17
 Investment Strategy - Equity

Relative valuation versus

History or peer Growth opportunities at
Preferred metric for quality reasonable valuations
companies provides margin Preferred metric for picking
of safety UTI mid & small-caps
Retirement
Benefit Fund

Mean reversion
Exposure to companies, preferably
leaders, when the cycle is adverse
in order to benefit from mean
reversion

18
 Investment Strategy - Equity (contd.)

1 Focus on stocks that are below its long term averages or when
it is cheap relative to market aggregates

2 Key Metrics - EV/EBITDA, P/E, Book Value or Asset Value

(Driven by Nature of business, Capital intensity and Cyclicality)

3 Sector selection – Top down approach, going through short

term challenges and trading at below long term averages

4 Stock selection – Stocks trading at deep discount to their intrinsic value

and with signs of value unlocking

5 Focus on less tracked sectors having growth opportunities available

at reasonable price

EV/EBITDA : Enterprise value / Earnings before Interest tax depreciation and amortisation
19 P/E : Price to Earning Ratio
 Investment Strategy – Fixed Income

Investments across maturities of corporate bonds, G-Secs and money market

1 instruments with flexibility to invest in short-end or long-end of the curve based on
investment environment and market outlook.

2 Around 60% of the AUM is invested in debt securities with tactical allocation to
corporate debt, G-sec and SDLs based on overall fixed income strategy of fund house.

3 Managing duration dynamically with investment across various maturities

4 Focus on high quality corporate debt securities so as to minimize portfolio risk.

5 Accrual strategy is followed in corporate bond investments to generate steady

returns with lower volatility.

18
 UTI Retirement Benefit Pension Fund – Fund Snapshot

Type of scheme Investment Objective

An open ended retirement solution The investment objective of the scheme is primarily to generate a
oriented scheme having a lock in of 5 corpus to provide for pension in the form of periodical income /cash
years or till retirement age (whichever is flow to the unit holders to the extent of redemption value of their
earlier) holding after the age of 58 years by investing in a mix of securities
comprising of debt & money market instruments and equity & equity
Fund Inception related instruments. However, there is no assurance or guarantee that
the investment objective of the Scheme would be achieved.

December 26, 1994 Benchmark

CRISIL Short Term Debt Hybrid 60+40 Fund Index

Fund Manager
Asset Allocation
Mr. V Srivatsa (Equity portfolio)
Managing Since : Sept 2009 Indicative Allocation
(% of Total Assets)
Mr. Sunil Patil (Debt portfolio) Instruments Risk Profile
Managing Since : Dec 2021
Minimum Maximum

Debt and Money Market

Minimum Investment# instruments (including 60% 100% Low to Medium
securitized debt)*
The minimum amount of each Equity & Equity related
investment that can be made in the 0% 40% Medium to High
instruments
scheme is ` 500/-.
Units issued by REITs & InvITs 0% 10% Medium to High

*The fund may invest up to 50% of its debt portfolio in securitized debt

Refer Scheme Information Document for more details. #it may be noted that under current tax laws only a sum upto `1,50,000/ along with other specified investments is entitled
16 for tax benefit in a year under section 80 C of Income Tax Act, 1961.
 Fund Facts - Equity

Fund Snapshot Portfolio Characteristics

Fund Size:
Wtd. Avg. MCap : 3,20,071
Monthly Avg. AUM : ` 3,731 Crore
Active Share* : 55.60%
Closing AUM : ` 3,718 Crore *Active Share calculated vis-a-vis S&P BSE 200 TRI

No. of Unit Folios : 20,96,274 Portfolio Composition#

OCF ROCE
C1 : 75% R1 : 50%
Market Capitalization (% of Equity portion) C2 : 23% R2 : 33%
C3 : 2% R3 : 17%
Large: 66 | Mid: 20 | Small: 14

No. of Stocks
Quantitative Indicators* 57
Fund BM Top 5 / Top 10 Stocks
Beta : 0.95 1.00 32.24% / 51.61%
SD (3 Years) : 8.54 8.71
PTR (Annual) : 36.00% - Asset Allocation (% to NAV)
Sharpe Ratio : 0.61 -
* Based on total assets of the Scheme
Equity : 39; Debt : 57; NCA : 4

*The equity exposure in the scheme is rebased to 100 except for the asset allocation as shown above.
Avg. AuM – Average Asset under Management, BM – Benchmark, SD – Standard Deviation, PTR – Portfolio Turnover Ratio, OCF – Operating Cash Flow, ROCE – Return on Capital Employed. #
Operating Cash Flow Tiers (C)- 3 Tiers based on the number of years in which they have generated positive operating cash flows in the previous 5 years (for manufacturing companies). RoCE/
Implied RoE Tiers (R) - 3 Tiers based on the previous 5 year average return on capital (for manufacturing companies & non-lending non banking finance companies (NBFCs)) & based on the
previous 5 year average return on asset for banks & NBFCs (including housing finance companies). All data are as of January 31, 2023
19
 Portfolio - Equity
Equity Top 20 Holdings
Stock Name Sector % To NAV Act. Wt % Unique Stocks
HDFC BANK LTD FINANCIAL SERVICES 8.67 1.86
(As compared to S&P BSE 200 TRI – Sub indices of Benchmark
Crisil Short Term Debt Hybrid 60:40 Fund Index
ICICI BANK LTD FINANCIAL SERVICES 7.28 1.69
INFOSYS LTD. IT 6.26 0.85 Stock Name Sector % To NAV

LARSEN & TOUBRO LTD. CONSTRUCTION 5.18 2.70 ECLERX SERVICES LTD. SERVICES 1.39
FIRSTSOURCE SOLUTIONS LTD. SERVICES 1.35
ITC LTD. FMCG 4.85 1.86
CESC LTD. POWER 1.28
STATE BANK OF INDIA FINANCIAL SERVICES 4.57 2.57
PHOENIX MILLS LTD REALTY 1.24
HDFC LTD. FINANCIAL SERVICES 4.34 -0.26
APOLLO TYRES LTD. AUTO & AUTO COMPO 1.21
HCL TECHNOLOGIES LTD. IT 4.14 2.99
FORTIS HEALTHCARE LTD. HEALTHCARE 1.19
MAHINDRA & MAHINDRA LTD. AUTO & AUTO COMPO 3.23 1.96
AJANTA PHARMA LTD. HEALTHCARE 1.03
AXIS BANK LTD. FINANCIAL SERVICES 3.09 0.76
NIPPON LIFE INDIA AMC FINANCIAL SERVICES 0.94
HINDALCO INDUSTRIES LTD. METALS & MINING 2.63 1.97
ERIS LIFESCIENCES LTD HEALTHCARE 0.86
TATA MOTORS – DVR AUTO & AUTO COMPO 2.31 2.21
G R INFRAPROJECTS LTD CONSTRUCTION 0.86
BHARTI AIRTEL LTD. TELECOMMUNICATION 2.11 0.29
GHCL LTD. CHEMICALS 0.86
RELIANCE INDUSTRIES LTD. OIL, GAS & CONS FUELS 1.70 -6.14
PNC INFRATECH LTD CONSTRUCTION 0.74
BAJAJ AUTO LTD. AUTO & AUTO COMPO 1.57 1.09
MOTHERSON SUMI WIRING INDIA LTD AUTO & AUTO COMPO 0.67
ECLERX SERVICES LTD. SERVICES 1.39 1.39
PRESTIGE ESTATES PROJECTS LTD REALTY 0.67
FIRSTSOURCE SOLUTIONS LTD. SERVICES 1.35 1.35
ESCORTS KUBOTA LTD CAPITAL GOODS 0.65
CIPLA LTD. HEALTHCARE 1.30 0.77 TECHNO ELECTRIC & ENGINEERING CONSTRUCTION 0.61
CESC LTD. POWER 1.28 1.28 S.P.APPARELS LTD TEXTILES 0.55
TECH MAHINDRA LTD. IT 1.26 0.64 Total 16.10

* The Equity exposure in the scheme is rebased to 100 for calculating Active weights
Portfolio above shows Top 20 Equity holdings under the scheme, for detailed portfolio visit www.utimf.com
20 Act. Wt % Active Weight % (as compared to the S&P BSE 200 TRI). Data as of January 31, 2023
 Portfolio – Equity Portion

Active Stock Position Sectoral Breakdown (in %)

As compared to S&P BSE 200 – Sub index to benchmark
(As compared to Benchmark)
Active Weight
Overweight (Top 5) FINANCIAL SERVICES 33.97 1.53
IT 12.59 0.40
% To Act. Wt AUTO & AUTO COMPONENTS 10.36 4.33
Stock Name Sector
NAV* %
CONSTRUCTION 7.39 4.91
HCL TECHNOLOGIES LTD. IT 4.14 2.99 HEALTHCARE 7.22 2.53
LARSEN & TOUBRO LTD. CONSTRUCTION 5.18 2.70 FMCG 5.53 -3.27
OIL, GAS & CONSUMABLE FUELS 3.53 -7.33
STATE BANK OF INDIA FINANCIAL SERVICES 4.57 2.57
SERVICES 3.51 2.68
TATA MOTORS – DVR AUTO & AUTO COMPO 2.31 2.21 CAPITAL GOODS 3.04 0.78
REALTY 2.83 2.27
HINDALCO INDUSTRIES LTD. METALS & MINING 2.63 1.97
METALS & MINING 2.63 -1.17
% To Act. Wt TELECOMMUNICATION 2.29 0.15
Stock Name Sector
NAV* % POWER 2.15 -1.03
OIL, GAS & CHEMICALS 1.59 -0.17
RELIANCE INDUSTRIES LTD. 1.70 6.14
CONSUMABLE FUELS
CONSTRUCTION MATERIALS 0.86 -1.31
TATA CONSULTANCY SERVICES IT - 3.32
TEXTILES 0.55 0.32
KOTAK MAHINDRA BANK LTD. FINANCIAL SERVICES - 2.39 MEDIA, ENTERT & PUBLICATION 0.00 -0.21
CONSUMER SERVICES 0.00 -2.05
HINDUSTAN UNILEVER LTD FMCG - 2.22
CONSUMER DURABLES 0.00 -3.26
BAJAJ FINANCE LTD. FINANCIAL SERVICES - 1.51
0 10 20 30 40 50 60 70
Underweight (Top 5)
UTI - Retirement Benefit Pension Fund

* The Equity exposure in the scheme is rebased to 100 for calculating Overweight/Underweight & Top 10 Sectors.
Sectoral breakdown shows select sectors & Portfolio above shows Top 10 Equity holdings under the scheme, for detailed portfolio visit www.utimf.com
21 All data as of January 31, 2023. S&P BSE 200 TRI is sub index of CRISIL Short Term Debt Hybrid 60+40 Fund Index..
 Portfolio – Fixed Income
Credit Profile of Debt (% of debt portion)# Top 10 Holdings & G Sec (in %)
Long Term Debt (Rating) Credit Rating % to NAV
SOV 57
POWER FINANCE CORPORATION LTD. AAA/A1+ 2.67
HDFC LTD. AAA/A1+ 2.59
AAA/A1+ 35
HUDCO LTD. AAA/A1+ 1.35

AA+ 6 HDB FINANCIAL SERVICES LTD. AAA/A1+ 1.34

BAJAJ FINANCE LTD. AAA/A1+ 1.34
AA- 1 SMALL INDST. DEV. BANK OF INDIA AAA/A1+ 1.34
INDIAN RAILWAYS FIN CORPN LTD. AAA/A1+ 1.34
AA 1 LIC HOUSING FINANCE LTD. AAA/A1+ 1.34
HDFC BANK LTD. AAA/A1+ 1.34
0 20 40 60
STATE BANK OF INDIA AA+ 1.32
OTHERS 8.63
G Sec (SOV) Credit Rating % to NAV
Quantitative Indicators
7.26% GSEC 22/08/2032 SOV 9.35
Average Maturity : 7.58 years
7.41% GS MAT - 19/12/2036 SOV 5.36

Modified Duration : 4.70 years 7.38% GSEC 20/06/2027 SOV 4.06

6.63% TN SDL 2035 MAT- 23/12/2035. SOV 2.23
Yield To Maturity (YTM)* : 7.33% GOI FRB - MAT 22/09/2033 SOV 2.00
*based on the invested portfolio OTHERS 9.30
NET CURRENT ASSETS 12.75

#The debt exposure in the scheme is rebased to 100 for calculating credit profile of debt papers.
22 Portfolio shows select holdings. Portfolio data as on January 31, 2023
 Portfolio Commentary (Equity Composition)
 The Fund has value orientation in its approach
and looks at the portfolio from the relative value
approach where it believes that good quality
companies have their own valuation cycles
depending on the macro and micro factors and
the Fund aims to benefit from the variation in the
valuation cycle
 In terms of the current positioning, the Fund is
overweight on Financial Services, Healthcare,
Automobile & Auto Components,
Telecommunication and Realty while
underweight on Consumer Durables and
Services, Oil, Gas & Consumable Fuels and
Metals & Mining
23
 The Fund is positive on the domestic growth and
is focused on the plays benefiting from domestic
growth and also available at reasonable
valuations. Financial Services, Automobile and
Telecommunication are big beneficiaries.
 Given the de-rating of the Information
Technology (IT) sector, the Fund has added
positions in the sector since last quarter as the
valuations have corrected and imply reasonable
long term growth
 In the Small cap space, the Fund is looking at
growth-oriented companies in key sectors of
shrimp freed, Chemicals, Auto Ancillaries,
Infrastructure and Pipes
 Performance Track Record

Fund Performance Vs Benchmark (as of 31/01/2023)

Fund Performance Vs Benchmark Growth of ` 10,000/
Period Scheme B: CRISIL Short Term Debt AB: Nifty 50 TRI Scheme B: CRISIL Short Term Debt Hybrid AB: Nifty 50 TRI
Returns (%) Hybrid 60+40 Fund Index (%) (%) Returns ( ` ) 60+40 Fund Index ( ` ) (`)

1 Year 4.10 3.54 3.18 10,410 10,354 10,318

3 Years 11.74 10.71 15.21 13,956 13,573 15,298
5 Years 6.29 9.10 11.25 13,569 15,461 17,046
Since Inception 10.36 0.00 0.00 1,59,871 10,000 10,000

Systematic Investment Plan (SIP) Returns (as of 31/01/2023)

Investment Scheme B: CRISIL Short Term Debt AB: Nifty 50 Scheme B: CRISIL Short Term Debt AB: Nifty 50
Period
Amount (`) Returns (%) Hybrid 60+40 Fund Index (%) (%) Returns ( ` ) Hybrid 60+40 Fund Index ( ` ) (`)

1 Year 1,20,000 6.33 4.30 4.88 1,24,073 1,22,779 1,23,151

3 Years 3,60,000 11.41 9.40 16.37 4,27,113 4,14,692 4,58,694
5 Years 6,00,000 9.48 9.91 14.26 7,61,749 7,69,967 8,57,684
7 Years 8,40,000 8.54 9.92 13.83 11,38,559 11,96,005 13,75,038
10 Years 12,00,000 8.75 10.13 13.11 18,86,259 20,29,411 23,77,778
15 Years 18,00,000 8.96 10.17 12.56 36,82,025 40,77,525 49,95,792
Since Inception@ 21,80,000 8.96 10.17 12.51 52,72,524 59,88,756 76,91,311

B - Benchmark, AB - Additional Benchmark, TRI - Total Return Index

Past performance may or may not be sustained in future. Different plans shall have a different expense structure. The performance details provided herein are of regular plan (growth option).
Returns greater than 1 year period are Compound Annual Growth Rate (CAGR). Inception of scheme/plan December 26, 1994. Date of allotment in the scheme/plan has been considered for
inception date. The current fund manager Mr. V Srivatsa (Equity portion) is managing the fund since Sep 2009 and fund manager Mr. Sunil Patil (Debt portion) is managing the fund since Dec 2021.
Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement. In case, the start/end date of the concerned period
is a non-business day, the NAV of the previous date is considered for computation of returns. When scheme/additional benchmark returns are not available, they have been shown as N/A.
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.
@Since inception return for above mentioned schemes is taken for the period December 2004 to September 2022 (Since SIP facility was introduced in November 2004). For performance of other
funds managed by the same Fund Manager, please refer the Slide No. 28
24
 Performance Track Record (contd.)

Performance details of other schemes managed by the fund manager – Mr. V Srivatsa
Inception Managing the 1 Year (%) 3 Years (%) 5 Years (%)
Scheme Benchmark
Date Fund Since Fund Benchmark Fund Benchmark Fund Benchmark
UTI Healthcare Fund 28-Jun-99 Mar-17 S&P BSE Healthcare TRI -12.33 -11.50 20.43 20.47 10.33 9.97
UTI Hybrid Equity Fund CRISIL Hybrid 25+75
02-Jan-95 Sep-09 5.64 4.79 15.97 13.96 8.58 10.99
(Equity Portion) Aggressive
Nifty LargeMidcap 250
UTI Core Equity Fund 20-May-09 May-17 2.74 2.13 17.70 18.07 8.86 10.94
TRI
UTI Equity Savings Fund CRISIL Equity Savings
30-Aug-18 Aug-18 6.34 5.76 10.11 10.33 N/A N/A
(Equity Portion) Index
a. Mr. V Srivatsa manages 5 open-ended schemes of UTI Mutual Fund.
b. Date of allotment in the scheme/plan has been considered for inception date.
c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.
d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Option (Regular Plan).
e. When scheme/benchmark returns are not available, they have been shown as N/A.

Performance details of other schemes managed by the fund manager – Mr. Sunil Patil
Inception Managing the 1 Year (%) 3 Years (%) 5 Years (%)
Scheme Name Fund Benchmark
Date Fund Since Fund Benchmark Fund Benchmark Fund Benchmark
UTI CCF- Savings Fund CRISIL Short Term Debt
12-Jul-93 Dec-21 2.67 4.68 9.77 11.21 6.27 9.61
(Debt Portion) Hybrid 60:40 Fund Index
UTI Hybrid Equity Fund CRISIL Hybrid 35-65
02-Jan-95 Feb-18 4.05 2.94 15.63 13.23 8.24 10.13
(Debt Portion) Aggressive
UTI Equity Savings Fund
30-Aug-18 Aug-18 CRISIL Equity Savings Index 6.34 5.76 10.11 10.33 - -
(Debt Portion)
UTI Multi Asset Fund S&P BSE 200, Gold & CRISIL
19-Nov-08 Jul-21 4.42 5.12 9.70 14.09 6.41 11.39
(Debt Portion) Bond Fund Index
UTI Unit Linked Insurance Plan NIFTY 50 Hybrid Composite
01-Oct-71 Dec-21 -2.36 4.51 8.45 11.73 5.56 10.56
(Debt Portion) Debt 50:50 Index
a. Mr. Sunil Patil manages 6 open-ended schemes of UTI Mutual Fund.
b. Period during which the scheme’s performance has been provided is computed based on the last day of the month end preceding the date of advertisement.
c. Different plans shall have different expense structures. Compounded annualized performance of Regular – Growth Option as on December 31,2022 is given.
d. Past performance may or may not be sustained in the future.
e. UTI Equity Savings Fund has been in existence for more than 3 years but less than 5 years.

25 Data as of January 31, 2023

 Why invest in UTI Retirement Benefit Pension Fund ?

 A notified retirement solution scheme

 More than 25 years of performance track record

 Offers opportunity to save tax on investment under Sec 80C of IT Act, 1961

 Pension in the form similar to annuity

- Investor can opt to receive the accumulated investment in the form similar
to annuity by way of Systematic Withdrawal Plan (SWP).

Suitable for:
 Investors who are looking to build a nest egg for their retirement planning
 Investors looking to save tax under sec 80C**

$Tax advantage is subject to prevailing tax regulations.

*LTCG Long Term Capital Gains as per new tax law as STCG – Short Term Capital Gains. Investor may consult his/her financial advisor before arriving at any
investment decision. Past performance or may not be sustained in the future.
** Tax benefit under 80 C of the income tax act, 1961. Contribution made will be eligible for deduction of the whole of the amount paid or deposited subject to a
26 maximum of `1,50,000. Tax benefits u/s 80C under the Income Tax Act, 1961/ exemptions are subject to prevailing tax laws
 How UTI RBPF facilitates annuity payment through SWP?

o Investors after accumulation up to the retirement age can opt to receive cash flow in the
form of annuity by repurchasing the units over a period of time indicated by him/her.

o Payment Periodicity - Monthly, Quarterly, Half yearly and Yearly.

o Minimum Amount of Redemption – `1000/ The redemption will continue till the outstanding
amount in the folio is reduced to nil.

o Redemption of units - Redemption of units under the SWP will be made on the 1st business day
of the due month at the prevailing NAV as on that date. Redemption of units on FIFO basis for
the purpose of computing capital gains, if any.

27

Scheme Name
UTI Children’s Career Fund – Savings Plan
(An open ended fund for investment for
children having a lock-in for at least 5 years
or till the child attains age of majority
(whichever is earlier))
UTI Multi Asset Fund
(An open ended scheme investing in equity,
debt and Gold ETFs)
UTI Retirement Benefit Pension Fund
(An open ended retirement solution oriented
scheme having a lock-in of 5 years or till
retirement age (whichever is earlier)
UTI Core Equity Fund
(An open ended equity scheme investing in
both large cap and mid cap stocks)
UTI Unit Linked Insurance Plan
(An open ended tax saving cum insurance
scheme)
UTI Hybrid Equity Fund
(An open ended hybrid scheme investing
predominantly in equity and equity related
instruments)
UTI Equity Savings Fund
An open ended scheme investing in equity,
arbitrage and debt
UTI Healthcare Fund
(An open ended equity scheme investing in
the Healthcare Services Sector)
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
#Risk-o-meter for the fund is based on the portfolio ending January 31, 2023. The Risk-o-meter of the fund/s is/are evaluated on monthly basis and any
changes to Risk-o-meter are disclosed vide addendum on monthly basis, to view the latest addendum on Risk-o-meter, please visit addenda section on
31 https://utimf.com/forms-and-downloads/
Product Label
Riskometer of Riskometer of
Benchmark Name This product is suitable for investors who are seeking*
Fund# Benchmark
• Long term capital appreciation
CRISIL Short Term Debt
• Investment in equity instruments (maximum-40%) and
Hybrid 60+40 Fund Index
debt instruments
S&P BSE 200 TRI, CRISIL • Long term capital appreciation.
Composite Bond Fund • Investment in equity, debt and Gold ETFs with a minimum
Index & Price of Gold allocation of 10% in each asset class.
• Long term capital appreciation
CRISIL Short Term Debt
• Investment in equity instruments (maximum - 40%) and
Hybrid 60+40 Fund Index
debt/money market instruments
• Long term capital appreciation
Nifty Large Midcap 250 TRI • Investment predominantly in equity instruments of both
large cap and mid cap companies
Nifty 50 Hybrid • Long term capital appreciation
Composite Debt 50:50 • Investment in equity instruments (maximum - 40%) and debt
Index instruments
• Long term capital appreciation
CRISIL Hybrid 35+65 • Investment in equity instruments (maximum - 80%) and
Aggressive Index fixed income securities (debt and money market
securities)
• Long term capital appreciation and income
CRISIL Equity Savings • Investment in equity & equity related instruments,
Index arbitrage opportunities, and investments in debt and
money market opportunities
• Long term capital appreciation
S&P BSE Healthcare TRI • Investment predominantly in equity and equity related
securities in the Healthcare Services sector.
 The information in 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 effect, 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.

Registered Office: UTI Tower, 'Gn' Block, Bandra Kurla Complex, Bandra (E), Mumbai 400051. Phone: 022 – 66786666. UTI Asset
Management Company Ltd. (Investment Manager for UTI Mutual Fund) Email: invest@uti.co.in, (CINL65991 MH2002GOI137867). For
more information, please contact the nearest UTI Financial Centre or your AMFI/NISM certified Mutual Fund Distributor (MFD) for a copy
of Statement of Additional Information, Scheme Information Document and Key Information Memorandum cum Application Form

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully

28