Social & Economic landscape undergoing change for the Elderly ones Changing Family Structure o Joint family system is fast disintegrating o Nuclear home is the new trend Lack of Social Support o Sociability takes a hit with growing age o Difficult to adjust to changing social norms o Inequality in terms of access to social infrastructure Accessibility & Affordability of Healthcare o Rising medical inflation / cost o Issue of accessibility ( Rural / urban divide) Economic Dependency o Lack of Pension coverage / meager coverage o Limited corpus & inconsistency of income o Issue of income protection 2
Changes in numbers 65% of old people are poor with no source of known income. (source : Agewell foundation latest report) Average pension of Rs. 3,500 per month is paid to people who were employed in private sector during their working age. (source :Crisil Insights 2015 ) In India, population of Elderly persons (above 60 yrs of age) 173 million 90 million Year 2011 Year 2026 Source : UN Population fund and HelpAge India Report Of the 90 million elderly persons India s Age dependency ratio (the ratio of older dependents i.e. above 64 yrs. To the working population i.e. those between 15 and 64) 14.2 10.9 Year 2001 Year 2011 90% working for livelihood 30 million are living alone Source : Ministry of Statistics & Implementation, India Source : Ministry of Statistics & Implementation, India 3
Money is not only about finances, it is also about emotions UTI MUTUAL FUND acknowledges the cause and as a commitment to the cause brings UTI Family Facility
UTI FAMILY offers a monetary route to take care of parents To encourage families to take care of their aged family members To provide care and monetary protection to the vulnerable elderly parent To create awareness regarding elderly persons need to lead an independent live. Providing a steady income to the parents through Systematic Withdrawal Plan (SWP) from the investments by their children Available under growth option for UTI MIS Advantage Plan UTI Wealth Builder Fund Monthly Systematic Withdrawal Plan 5
Snapshot of UTI Family Facility (w.e.f April 03, 2017) Eligible Schemes UTI MIS Advantage Plan & UTI Wealth Builder Fund Growth option* Mode of Payout Through Systematic Withdrawal Plan (SWP) Eligible Beneficiaries Minimum amount of SWP Periodicity of SWP Mother or Father (of 1 st unitholder) Rs. 1000/- and in multiples of Rs. 100/- thereof. Monthly (1 st business day of every month) Number of Installments Minimum : 12 Maximum : No limit Maintenance of Minimum Balance Specified SWP amount Loads/ Tax implications The investments /payouts under the said facility will be subject to exit loads, tax & other provisions of the said scheme. Refer Terms & conditions mentioned in the UTI FAMILY facility application form * The existing unitholders who have their investments under Dividend Payout/Dividend Reinvestment option of the eligible schemes and are desirous to opt for UTI-Family facility will have to submit a duly filled Switch application form to UTI Mutual Fund or our R&T Agent, M/S Karvy Computershare Pvt. Ltd. for switching their units from Dividend Payout/Dividend Reinvestment option to Growth option at the applicable NAVs of the respective Options. Please refer Scheme Information Document of respective scheme/s for switch provisions. 6 6
How does UTI FAMILY facility work UTI MIS Advantage Plan (growth option) And/OR UTI Wealth Builder Fund (growth option) Investor (In case of options other than Growth, unit holder has to fill Switch application form) UTI FAMILY FACILITY Activation of facility after 7 days from the date of submission of valid form Payout through Systematic Withdrawal Plan (SWP) Payment to the Beneficiary's Bank a/c Beneficiary Refer Terms & conditions mentioned in the UTI FAMILY facility application form 7
Illustration of cash flow under UTI Family Facility Illustration : Systematic Withdrawal Plan of Rs. 10,000 per month under UTI Family facility from the existing/new scheme with an initial investment/balance of Rs. 120000. SWP would start after cooling period of 7 days from the date of submission of UTI Family facility valid form along with required documents. Period Opening Balance (19/01/2016) Historic NAV* (Rs.) Number of Units Redeemed Number of Units Allotted and/or Outstanding Units Outstanding Amount (Rs.) Cash Flow (Rs.) 25.58 -- 4692.03 120000 120000 1 st Month (01/02/2016) 26.01 384.49 4307.54 112033-10000 2 nd Month 25.51 391.95 3915.59 99900-10000 3 rd Month 26.68 374.83 3540.76 94464-10000 4 th Month 27.30 366.27 3174.49 86670-10000 NAVs of 1 st Business day of every month 5 th Month 27.83 359.36 2815.13 78338-10000 6 th month 28.62 349.36 2465.78 70580-10000 7 th Month 29.61 337.78 2128.00 63000-10000 8 th Month 29.69 336.82 1791.18 53180-10000 9 th Month 30.09 332.35 1458.83 43895-10000 10 th Month 29.87 334.83 1124.00 33569-10000 11 th Month 28.97 345.16 778.84 22564-10000 12 th Month (02/01/2017) 28.83 346.91 431.93 12451-10000 Closing Balance (31 st Jan 2017) 29.76 -- 431.94 12853 12853 *Historic NAVs have been considered of UTI Wealth Builder Fund for the period 19/01/2016 to 31/01/2017. The SWP has been considered based on NAVs of the 1 st Business day of every month. Impact of taxes and loads have not been factored in the above illustration This is an illustration. Actual results may vary. 8
UTI MIS ADVANTAGE PLAN - SNAPSHOT Inception Date December 16, 2003 An open ended income scheme Fund Size as on March 31, 2017 : NAV as on March 31, 2017 : Benchmark Asset Allocation Fund Manager Options / Plans Available Minimum Amount of Purchase Special Products Load Monthly Avg AUM : 902.45 Crs. Last day AUM : 915.38 Crs. Growth : Rs. 36.34 Income : Rs. 15.27 Crisil MIP Blended Index Debt & Money market instruments * (including securitized debt) : upto 100% (low to medium risk) Equity & equity related instruments : upto 25% (medium to high risk) * It is the intention of the Scheme that the investments in Securitised debt will not, normally exceed 60% of the net assets of the respective plans. Mr. Amandeep S. Chopra (Fixed Income) & Mr. Ajay Tyagi (Equity Portfolio) Monthly Dividend Plan, Flexi Dividend Plan, Monthly Payment Plan, & Growth Plan Rs. 25,000/- in Monthly Dividend & Monthly Payment Plan Rs. 5,000/- in Flexi Dividend & Growth Plan Systematic Investment Plan (SIP)/ Micro SIP Systematic Transfer Investment Plan (STRIP) Systematic Withdrawal Plan (SWP) Dividend Transfer Plan (DTP) & Switch Facility Entry Load (as % of NAV) : NIL Exit Load (as % of NAV) : NIL For more details refer Scheme Information Document & Key Information Document of the respective Scheme/s 9
UTI WEALTH BUILDER FUND - SNAPSHOT Inception Date November 19, 2008 An open ended equity scheme Fund Size as on March 31, 2017 : NAV as on March 31, 2017 : Asset Allocation Monthly Avg AUM : 837.51Crs. Last day AUM : 869.05 Crs. Growth : Rs. 30.93 Income : Rs. 18.36 Equity & equity related instruments : Min 65 % Max 100% (high risk) Debt & Money Market Instruments* : Min 0%- Max 35% (low to medium risk) Gold ETFs : Min 0% -Max 35% (high risk) *Debt instruments will also include Securitised Debt which may go upto 100% of the Debt portfolio. Fund Manager Options / Plans Available Minimum Amount of Purchase Special Products Load Mr. V Srivatsa Growth, Dividend Payout & Dividend Reinvestment option (Retail & Direct Plan) Default Option Growth Option Rs. 5,000/- and in multiples of Re. 1/- thereafter Subsequent minimum investment of Rs. 1000/- and in multiples of Re.1/- thereafter Systematic Investment Plan (SIP)/ Micro SIP Systematic Transfer Investment Plan (STRIP) Systematic Withdrawal Plan (SWP) Dividend Transfer Plan (DTP) & Switchover facility Entry Load (as % of NAV) : NIL Exit Load (as % of NAV) : less than 1 year 1% greater than or equal to one year Nil For more details refer Scheme Information Document & Key Information Document of the respective Scheme/s 10
UTI Family Facility - Draft Application form 11
UTI Family Facility Addendum (1/2)
UTI Family Facility Addendum (2/2)
Thank You 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. (CIN-U65991MH2002GOI137867). For more information, please contact the nearest UTI Financial Centre or your AMFI/NISM certified UTI Mutual Fund Independent Financial Advisor (IFA) for a copy of the Statement of Additional Information, Scheme Information Document and Key Information Memorandum cum Application Form. 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. Mutual Fund Investments are subject to market risks, read all scheme related documents carefully