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

INVEST VIA NRE/NRO

UTI Long Duration Fund Growth for NRI [11.25]

Min Investment

5,000

Fund Size

89.07 Cr

Expense Ratio

1.5%

Exit Load

1%

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

11.25

-0.02%

NAV as on 14 Jul 24, 12:00 AM

moderate risk

long duration

debt

NAV as on 14 Jul 24, 12:00 AM

moderate risk

long duration

debt

8.91%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

9.27%p.a.

Since Inception

About UTI Long Duration Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI Long Duration Fund Growth scheme from UTI Asset Management Co Ltd. It is a Long Duration mutual fund scheme that predominantly invests in Long Duration stocks of companies. Launched on Mar 2023, UTI Long Duration Fund Growth is Long Duration fund of its category with 89.07 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Long Duration funds.

  • UTI Long Duration Fund Growth delivered 8.9% annual returns during the last year. It has delivered 9.3% average annual returns since the fund was launched.
  • UTI Long Duration 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 scheme aims to generate optimal returns with adequate liquidity by investing in a portfolio of debt and money market instruments. 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

60.11%

7.3% Govt Stock 2053

27.82%

7.25% Govt Stock 2063

1.54%

CORPORATE DEBT MARKET DEVT FUND - A2 UNITS

0.19%

Fund Managers

  1. Sunil Patil (Mar 2023 - Present)

Key Information

View Scheme Document

UTI Long Duration 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 Long Duration 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 Long Duration 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 Long Duration 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