Articles

<p style="text-align: justify;"><strong>Question: What does the word &#39;Value&#39; connote to you? Would say you are a contrarian as well? </strong></p>

<p style="text-align: justify;">&nbsp;</p>

<p style="text-align: justify;"><strong>Question: You select companies based on their &#39;competitive franchise. What metrics do you use to evaluate the &#39;franchise&#39;?</strong></p>

<div class="embeddedContent oembed-provider- oembed-provider-youtube" data-align="center" data-oembed="https://www.youtube.com/watch?v=dvAJtwU5Jv4&amp;feature=youtu.be&quot; data-oembed_provider="youtube" data-resizetype="noresize" style="text-align: center;"><iframe allowfullscreen="true" allowscriptaccess="always" frameborder="0" height="349" scrolling="no" src="//

<div class="embeddedContent oembed-provider- oembed-provider-youtube" data-align="center" data-oembed="https://www.youtube.com/watch?v=Py79O0DTudw&amp;feature=youtu.be&quot; data-oembed_provider="youtube" data-resizetype="noresize" style="text-align: center;"><iframe allowfullscreen="true" allowscriptaccess="always" frameborder="0" height="349" scrolling="no" src="//

<div class="embeddedContent oembed-provider- oembed-provider-youtube" data-align="center" data-oembed="https://www.youtube.com/watch?v=gQrqYoAqV6Y&amp;feature=youtu.be&quot; data-oembed_provider="youtube" data-resizetype="noresize" style="text-align: center;"><iframe allowfullscreen="true" allowscriptaccess="always" frameborder="0" height="349" scrolling="no" src="//

<div class="embeddedContent oembed-provider- oembed-provider-youtube" data-align="center" data-oembed="https://www.youtube.com/watch?v=sjwO4VZ06Wg&amp;feature=youtu.be&quot; data-oembed_provider="youtube" data-resizetype="noresize" style="text-align: center;"><iframe allowfullscreen="true" allowscriptaccess="always" frameborder="0" height="349" scrolling="no" src="//

<div class="embeddedContent oembed-provider- oembed-provider-youtube" data-align="center" data-oembed="https://www.youtube.com/watch?v=O1tWkOHQmuU&amp;feature=youtu.be&quot; data-oembed_provider="youtube" data-resizetype="noresize" style="text-align: center;"><iframe allowfullscreen="true" allowscriptaccess="always" frameborder="0" height="349" scrolling="no" src="//

<p><em>In theory, there is no difference between theory and practice. In practice, there is</em><em> -</em><strong><em>Yogi Berra</em></strong><br />
<br />

<p><img alt="" height="2374" src="https://docs.utimf.com/v1/AUTH_5b9dd00b-8132-4a21-a800-711111810cee/UTI…; width="711" /></p>

Numerical examples explaining the methodology of calculating the subscription price of units:

1. Sale Price - Ongoing price

Ongoing price for subscription (purchase)/switch-in (from other Schemes/plans of the mutual fund) by investors.

Purchase Price = Applicable NAV (for respective plan and option of the scheme)

Example: An investor invests Rs. 10,000/- and the current NAV is Rs. 10/- then the purchase price will be Rs. 10/- and the investor receives 10,000/10 = 1000 units.