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
₹290.38
0.49%
NAV as on 30 Apr 24, 12:00 AM
very high risk
mid cap
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
mid cap
equity
42.05%p.a.
Last 1Y
21.58%p.a.
Last 3Y
22.09%p.a.
Last 5Y
18.04%p.a.
Since Inception
About UTI Mid Cap Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the UTI Mid Cap Fund Plan Growth scheme from UTI Asset Management Co Ltd. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Apr 2004, UTI Mid Cap Fund Plan Growth is Mid-Cap fund of its category with 9,943.94 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.
- UTI Mid Cap Fund Plan Growth delivered 42.0% annual returns during the last year. It has delivered 18.0% average annual returns since the fund was launched.
- UTI Mid Cap Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of mid cap companies. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Top 10 Holdings
Phoenix Mills Ltd
2.52%
The Federal Bank Ltd
2.28%
Tube Investments of India Ltd Ordinary Shares
2.24%
Oil India Ltd
2.24%
Oracle Financial Services Software Ltd
2.18%
Persistent Systems Ltd
2.12%
Bharat Forge Ltd
2.12%
Bharat Electronics Ltd
2.09%
Shriram Finance Ltd
2.01%
Alkem Laboratories Ltd
1.96%
Fund Managers
- Ankit Agarwal (Aug 2019 - Present)
Key Information
View Scheme Document
UTI Mid Cap 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 Mid Cap 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 Mid Cap 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 Mid Cap 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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Frequently Asked Questions
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