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

INVEST VIA NRE/NRO

UTI ELSS Tax Saver Fund - Plan - Growth for NRI [324.46]

Min Investment

500

Fund Size

3,871.53 Cr

Expense Ratio

1.9%

Exit Load

0%

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

324.46

0.23%

NAV as on 18 Dec 24, 12:00 AM

very high risk

elss (tax savings)

elss

NAV as on 18 Dec 24, 12:00 AM

very high risk

elss (tax savings)

elss

16.74%p.a.

Last 1Y

11.72%p.a.

Last 3Y

17.13%p.a.

Last 5Y

14.91%p.a.

Since Inception

About UTI ELSS Tax Saver Fund - Plan - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI ELSS Tax Saver Fund - Plan - Growth scheme from UTI Asset Management Co Ltd. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Dec 1999, UTI ELSS Tax Saver Fund - Plan - Growth is ELSS (Tax Savings) fund of its category with 3,871.53 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.

  • UTI ELSS Tax Saver Fund - Plan - Growth delivered 16.7% annual returns during the last year. It has delivered 14.9% average annual returns since the fund was launched.
  • UTI ELSS Tax Saver Fund - Plan - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in elss

Fund Objective

The primary objective of the scheme is to invest predominantly in equity and equity related securities of companies across the market capitalization spectrum. securities shall also include fully/partly convertible debentures/bonds.

Top 10 Holdings

HDFC Bank Ltd

8.19%

ICICI Bank Ltd

8.06%

Infosys Ltd

5.71%

Bharti Airtel Ltd

4.68%

Axis Bank Ltd

3.18%

Godrej Consumer Products Ltd

2.38%

Avenue Supermarts Ltd

2.19%

UltraTech Cement Ltd

2.17%

Whirlpool of India Ltd

2.06%

Tech Mahindra Ltd

1.96%

Fund Managers

  1. Vishal Chopda (Aug 2019 - Present)

Key Information

View Scheme Document

UTI ELSS Tax Saver 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 ELSS Tax Saver 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 ELSS Tax Saver 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 ELSS Tax Saver 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