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

INVEST VIA NRE/NRO

UTI Corporate Bond Fund Growth for NRI [15.10]

Min Investment

500

Fund Size

3,723.82 Cr

Expense Ratio

0.6%

Exit Load

0%

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

15.10

0.02%

NAV as on 14 Jul 24, 12:00 AM

moderate risk

corporate bond

debt

NAV as on 14 Jul 24, 12:00 AM

moderate risk

corporate bond

debt

7.14%p.a.

Last 1Y

5.45%p.a.

Last 3Y

6.59%p.a.

Last 5Y

7.18%p.a.

Since Inception

About UTI Corporate Bond Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI Corporate Bond Fund Growth scheme from UTI Asset Management Co Ltd. It is a Corporate Bond mutual fund scheme that predominantly invests in Corporate Bond stocks of companies. Launched on Aug 2018, UTI Corporate Bond Fund Growth is Corporate Bond fund of its category with 3,723.82 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Corporate Bond funds.

  • UTI Corporate Bond Fund Growth delivered 7.1% annual returns during the last year. It has delivered 7.2% average annual returns since the fund was launched.
  • UTI Corporate Bond Fund 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 by investing predominantly in AA+ and above rated corporate bonds. However, there can be no assurance that the investment objective of the scheme will be realized. The Scheme does not guarantee / indicate any returns.

Top 10 Holdings

7.1% Govt Stock 2034

21.48%

LIC Housing Finance Limited

4.71%

National Bank For Agriculture And Rural Development

4.44%

Indian Railway Finance Corporation Limited

3.90%

Power Finance Corporation Ltd.

3.39%

Export-Import Bank of India

2.68%

Power Finance Corporation Ltd.

2.26%

Rural Electrification Corporation Limited

2.05%

Indian Railway Finance Corporation Limited

2.02%

Small Industries Development Bank Of India

2.02%

Fund Managers

  1. Anurag Mittal (Dec 2021 - Present)

Key Information

View Scheme Document

UTI Corporate Bond Fund 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 Corporate Bond Fund 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 Corporate Bond Fund 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 Corporate Bond Fund 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