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
₹17.50
0.03%
NAV as on 18 Dec 24, 12:00 AM
moderate risk
medium duration
debt
NAV as on 18 Dec 24, 12:00 AM
moderate risk
medium duration
debt
7.62%p.a.
Last 1Y
5.45%p.a.
Last 3Y
4.49%p.a.
Last 5Y
5.92%p.a.
Since Inception
About UTI Medium Duration Fund - Plan - Growth Option for NRIs
NRIs can achieve long-term capital appreciation by investing in the UTI Medium Duration Fund - Plan - Growth Option scheme from UTI Asset Management Co Ltd. It is a Medium Duration mutual fund scheme that predominantly invests in Medium Duration stocks of companies. Launched on Mar 2015, UTI Medium Duration Fund - Plan - Growth Option is Medium Duration fund of its category with 40.25 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.
- UTI Medium Duration Fund - Plan - Growth Option delivered 7.6% annual returns during the last year. It has delivered 5.9% average annual returns since the fund was launched.
- UTI Medium Duration Fund - Plan - Growth Option 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 scheme is to generate reasonable income by investing in debt & money market securities such that the Macaulay duration of the portfolio is between 3 to 4 years. 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 10 Holdings
7.18% Govt Stock 2033
16.53%
7.26% Govt Stock 2032
10.21%
07.79 Up SDL 2033
7.89%
Godrej Industries Limited
7.41%
6.54% Govt Stock 2032
7.36%
7.1% Govt Stock 2034
6.34%
Century Textiles And Industried Limited
4.96%
Can Fin Homes Limited
4.95%
TATA Motors Limited
4.91%
360 One Prime Limited
3.74%
Fund Managers
- Ritesh Nambiar (Jul 2015 - Present)
Key Information
View Scheme Document
UTI Medium Duration Fund - Plan - Growth Option SIP Calculator
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NRI Mutual Fund Tax on UTI Medium Duration Fund - Plan - Growth Option
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 Medium Duration Fund - Plan - Growth Option?
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 Medium Duration Fund - Plan - Growth Option
- 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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