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
₹315.35
1.86%
NAV as on 23 Nov 24, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 23 Nov 24, 12:00 AM
very high risk
elss (tax savings)
elss
22.62%p.a.
Last 1Y
10.87%p.a.
Last 3Y
17.67%p.a.
Last 5Y
14.96%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 3,873.25 Cr fund under management as on Nov 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 22.6% annual returns during the last year. It has delivered 15.0% 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
ICICI Bank Ltd
8.01%
HDFC Bank Ltd
7.91%
Infosys Ltd
5.40%
Bharti Airtel Ltd
4.64%
Axis Bank Ltd
3.24%
Godrej Consumer Products Ltd
2.45%
Avenue Supermarts Ltd
2.28%
Whirlpool of India Ltd
2.21%
UltraTech Cement Ltd
2.14%
Bajaj Finance Ltd
2.05%
Fund Managers
- Vishal Chopda (Aug 2019 - Present)
Key Information
View Scheme Document
UTI ELSS Tax Saver Fund - Plan - 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 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 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 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
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23.6%
Mirae Asset ELSS Tax Saver Fund - Plan-Growth
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14.0%
Frequently Asked Questions
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