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
₹14.59
1.10%
NAV as on 19 Nov 24, 12:00 AM
very high risk
sector precious metals
debt
NAV as on 19 Nov 24, 12:00 AM
very high risk
sector precious metals
debt
22.66%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
23.50%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 144.24 Cr fund under management as on Nov 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 22.7% annual returns during the last year. It has delivered 23.5% 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
99.51%
Fund Managers
- Sharwan Kumar Goyal (Nov 2022 - Present)
- Ayush Jain (Nov 2022 - Present)
Key Information
View Scheme Document
UTI Gold ETF Fund of Fund Growth SIP Calculator
If invested
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 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 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
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Frequently Asked Questions
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