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

INVEST VIA NRE/NRO

UTI Gold ETF Fund of Fund Growth for NRI [14.21]

Min Investment

5,000

Fund Size

99.54 Cr

Expense Ratio

0.6%

Exit Load

1%

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

14.21

0.32%

NAV as on 14 Jul 24, 12:00 AM

high risk

sector precious metals

debt

NAV as on 14 Jul 24, 12:00 AM

high risk

sector precious metals

debt

23.43%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

21.71%p.a.

Since Inception

About UTI Gold ETF Fund of Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI Gold ETF Fund of Fund Growth scheme from UTI Asset Management Co Ltd. It is a Sector - Precious Metals mutual fund scheme that predominantly invests in Sector - Precious Metals stocks of companies. Launched on Oct 2022, UTI Gold ETF Fund of Fund Growth is Sector - Precious Metals fund of its category with 99.54 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Precious Metals funds.

  • UTI Gold ETF Fund of Fund Growth delivered 23.4% annual returns during the last year. It has delivered 21.7% average annual returns since the fund was launched.
  • UTI Gold ETF Fund of 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 fund is to endeavour to provide returns that, before expenses, closely track the performance and yield of Gold. However, the performance of the scheme may differ from that of the underlying asset due to tracking error. There can be no assurance or guarantee that the investment objective of the UTI Gold ETF will be achieved.

Top 1 Holdings

UTI Gold ETF

99.50%

Fund Managers

  1. Sharwan Kumar Goyal (Nov 2022 - Present)
  2. Ayush Jain (Nov 2022 - Present)

Key Information

View Scheme Document

UTI Gold ETF Fund of 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 Gold ETF Fund of 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 Gold ETF Fund of 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 Gold ETF Fund of 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