UTI Medium Term Fund Segregated Portfolio 2 Regular - Growth ★★★★★ Things You should consider Annualized Return for : %

Suggested Investment Horizon:

Time taken to double money: N.A

Disclosure in India earns a ‘top grade,’ making it the only other country along with the United States to earn this grade, says Morningstar's fifth Global Fund Investor Experience ( GFIE ) study, a biennial report grading the experiences of mutual fund investors in 25 countries across North America, Europe, Asia, and Africa. Anothony Serhan, CFA, MD, Research Strategy, Asia-Pacific, Morningstar, released the report at the Morning Star Investment Conference, 2017.According to the report, India's transparency of portfolio holdings remains the best of any market, with monthly disclosure required and those portfolios typically released after 10 days. It is now mandatory for asset managers to disclose fund manager compensation levels as well as manager investments in their funds.India has retained an overall grade of average and now leads most markets in terms of disclosure practices. The below average grade in fees and expenses is a function of the higher expense ratios in India, which in turn reflect the more limited economies of scale at present.The report also says India receives an average grade in regulation and taxation. India matches global best practices in many areas of regulation and is one of only a handful of countries in this study that continue to have capital controls limiting the amount funds can invest in foreign securities. The tax system provides incentives for fund investing, including the deferral of capital gains tax until units are sold.India’s ‘Fees and Expenses’ grade is below average. It reflects some of the highest expense ratios for equity and allocation funds in the study and the reliance of ongoing trailing commissions to pay for advice. Canada, India, Italy, and Spain are the only countries in the study that report median fees of 2 per cent or more. While these elements fall behind global best practices, the situation is not unusual given the developing nature of the Indian fund market and the impact this has on scale and distribution Sales practices in India receive an average grade. The quality of advice has improved through a range of initiatives, starting with the Investment Advisory Regulations in 2013 and more-recent moves to place caps on the level of commissions paid by product providers.