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

INVEST VIA NRE/NRO

UTI Gilt Fund Plan Growth for NRI [58.21]

Min Investment

500

Fund Size

641 Cr

Expense Ratio

0.9%

Exit Load

0%

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

58.21

-0.01%

NAV as on 13 Jul 24, 12:00 AM

moderate risk

government bond

debt

NAV as on 13 Jul 24, 12:00 AM

moderate risk

government bond

debt

7.80%p.a.

Last 1Y

5.51%p.a.

Last 3Y

5.72%p.a.

Last 5Y

8.15%p.a.

Since Inception

About UTI Gilt Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI Gilt Fund Plan Growth scheme from UTI Asset Management Co Ltd. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Jan 2002, UTI Gilt Fund Plan Growth is Government Bond fund of its category with 641 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.

  • UTI Gilt Fund Plan Growth delivered 7.8% annual returns during the last year. It has delivered 8.2% average annual returns since the fund was launched.
  • UTI Gilt 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 credit risk-free return through investment in sovereign securities issued by the Central Government and / or State Government and / or any security unconditionally guaranteed by the Central Government and / or State Government for repayment of principal and interest. 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 4 Holdings

7.18% Govt Stock 2037

36.29%

7.1% Govt Stock 2034

29.83%

7.04% Govt Stock 2029

7.82%

India (Republic of)

4.61%

Fund Managers

  1. Sudhir Agarwal (Dec 2021 - Present)

Key Information

View Scheme Document

UTI Gilt 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 Gilt 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 Gilt 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 Gilt 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