NRI from all over the world (including U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹69.77
-0.05%
NAV as on 21 Nov 24, 12:00 AM
moderate risk
medium to long duration
debt
NAV as on 21 Nov 24, 12:00 AM
moderate risk
medium to long duration
debt
8.70%p.a.
Last 1Y
7.91%p.a.
Last 3Y
6.93%p.a.
Last 5Y
7.60%p.a.
Since Inception
About UTI Medium to Long Duration Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the UTI Medium to Long Duration Fund Plan Growth scheme from UTI Asset Management Co Ltd. It is a Medium to Long Duration mutual fund scheme that predominantly invests in Medium to Long Duration stocks of companies. Launched on May 1998, UTI Medium to Long Duration Fund Plan Growth is Medium to Long Duration fund of its category with 313.01 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Medium to Long Duration funds.
- UTI Medium to Long Duration Fund Plan Growth delivered 8.7% annual returns during the last year. It has delivered 7.6% average annual returns since the fund was launched.
- UTI Medium to Long Duration Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The investment objective of the scheme is to generate optimal returns with adequate liquidity by investing in debt and money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.
Top 10 Holdings
7.18% Govt Stock 2037
49.43%
LIC Housing Finance Limited
8.06%
Hdb Financial Services Ltd.
7.92%
7.23% Govt Stock 2039
6.60%
Jamnagar Utilities And Power Private Limited
6.46%
Cholamandalam Investment And Finance Company Limited
4.81%
Aditya Birla Renewables Limited
4.80%
INDIA UNIVERSAL TRUST AL1
4.77%
07.78 RJ Sdl 2033
1.66%
07.74 MH Sgs 2033
1.66%
Fund Managers
- Sunil Patil (Apr 2023 - Present)
Key Information
View Scheme Document
UTI Medium to Long Duration Fund Plan Growth SIP Calculator
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NRI Mutual Fund Tax on UTI Medium to Long Duration Fund Plan Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in UTI Medium to Long Duration 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 Medium to Long Duration 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
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Frequently Asked Questions
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