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
₹11.64
0.05%
NAV as on 18 Dec 24, 12:00 AM
moderate risk
long duration
debt
NAV as on 18 Dec 24, 12:00 AM
moderate risk
long duration
debt
10.20%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
8.83%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 118.7 Cr fund under management as on Dec 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 10.2% annual returns during the last year. It has delivered 8.8% 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
7.34% Govt Stock 2064
83.93%
7.23% Govt Stock 2039
9.13%
7.25% Govt Stock 2063
1.16%
CORPORATE DEBT MARKET DEVT FUND - A2 UNITS
0.19%
Fund Managers
- Sunil Patil (Mar 2023 - Present)
Key Information
View Scheme Document
UTI Long Duration 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 Long Duration 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 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
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Frequently Asked Questions
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