NRI from all over the world (including U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

UTI Arbitrage Fund Plan Growth for NRI [32.83]

Min Investment

5,000

Fund Size

5,521.2 Cr

Expense Ratio

0.9%

Exit Load

0.25%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

32.83

0.11%

NAV as on 14 Jul 24, 12:00 AM

low risk

arbitrage fund

equity

NAV as on 14 Jul 24, 12:00 AM

low risk

arbitrage fund

equity

7.94%p.a.

Last 1Y

5.75%p.a.

Last 3Y

5.27%p.a.

Last 5Y

6.79%p.a.

Since Inception

About UTI Arbitrage Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI Arbitrage Fund Plan Growth scheme from UTI Asset Management Co Ltd. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Jun 2006, UTI Arbitrage Fund Plan Growth is Arbitrage Fund fund of its category with 5,521.2 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.

  • UTI Arbitrage Fund Plan Growth delivered 7.9% annual returns during the last year. It has delivered 6.8% average annual returns since the fund was launched.
  • UTI Arbitrage Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The objective of the scheme is to generate capital appreciation through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Top 10 Holdings

UTI Money Market Dir Gr

13.28%

Future on HDFC Bank Ltd

4.64%

HDFC Bank Ltd

4.61%

Future on Vedanta Ltd

4.48%

Vedanta Ltd

4.45%

Future on Vodafone Idea Ltd

3.02%

Vodafone Idea Ltd

3.00%

Future on Reliance Industries Ltd

2.44%

Reliance Industries Ltd

2.43%

Indus Towers Limited-25-Jul-2024

2.35%

Fund Managers

  1. Amit Sharma (Jul 2018 - Present)
  2. Sharwan Kumar Goyal (Jan 2021 - Present)

Key Information

View Scheme Document

UTI Arbitrage Fund Plan Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on UTI Arbitrage Fund Plan Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in UTI Arbitrage Fund Plan Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in UTI Arbitrage Fund Plan Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions