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

INVEST VIA NRE/NRO

UTI Dividend Yield Fund Plan Growth for NRI [175.35]

Min Investment

5,000

Fund Size

4,071.32 Cr

Expense Ratio

2.0%

Exit Load

1%

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

175.35

0.59%

NAV as on 14 Jul 24, 12:00 AM

very high risk

dividend yield

equity

NAV as on 14 Jul 24, 12:00 AM

very high risk

dividend yield

equity

52.62%p.a.

Last 1Y

22.23%p.a.

Last 3Y

22.75%p.a.

Last 5Y

15.88%p.a.

Since Inception

About UTI Dividend Yield Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI Dividend Yield Fund Plan Growth scheme from UTI Asset Management Co Ltd. It is a Dividend Yield mutual fund scheme that predominantly invests in Dividend Yield stocks of companies. Launched on May 2005, UTI Dividend Yield Fund Plan Growth is Dividend Yield fund of its category with 4,071.32 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Dividend Yield funds.

  • UTI Dividend Yield Fund Plan Growth delivered 52.6% annual returns during the last year. It has delivered 15.9% average annual returns since the fund was launched.
  • UTI Dividend Yield 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 long term capital appreciation and income by investing predominantly in dividend yielding equity and equity related securities.

Top 10 Holdings

HDFC Bank Ltd

7.44%

Infosys Ltd

3.66%

Tech Mahindra Ltd

3.51%

Bharat Electronics Ltd

2.86%

Mahindra & Mahindra Ltd

2.82%

Kotak Mahindra Bank Ltd

2.66%

ICICI Bank Ltd

2.65%

Tata Steel Ltd

2.65%

ITC Ltd

2.59%

Tata Consultancy Services Ltd

2.59%

Fund Managers

  1. Amit Premchandani (Nov 2022 - Present)

Key Information

View Scheme Document

UTI Dividend Yield 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 Dividend Yield 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 Dividend Yield 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 Dividend Yield 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