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
₹70.23
0.02%
NAV as on 21 Nov 24, 12:00 AM
high risk
multi asset allocation
equity
NAV as on 21 Nov 24, 12:00 AM
high risk
multi asset allocation
equity
27.65%p.a.
Last 1Y
16.57%p.a.
Last 3Y
15.15%p.a.
Last 5Y
13.06%p.a.
Since Inception
About UTI Multi Asset Allocation Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the UTI Multi Asset Allocation Fund Plan Growth scheme from UTI Asset Management Co Ltd. It is a Multi Asset Allocation mutual fund scheme that predominantly invests in Multi Asset Allocation stocks of companies. Launched on Oct 2008, UTI Multi Asset Allocation Fund Plan Growth is Multi Asset Allocation fund of its category with 4,415.49 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Multi Asset Allocation funds.
- UTI Multi Asset Allocation Fund Plan Growth delivered 27.6% annual returns during the last year. It has delivered 13.1% average annual returns since the fund was launched.
- UTI Multi Asset Allocation 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 achieve long term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related instruments. The fund also invests in debt and money market instruments with a view to generate regular income. The fund also invests in Gold ETFs. The portfolio allocation is managed dynamically. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved
Top 10 Holdings
UTI Gold ETF
12.29%
7.32% Govt Stock 2030
4.64%
7.1% Govt Stock 2034
4.03%
Reliance Industries Ltd
3.62%
Bharti Airtel Ltd
2.58%
Infosys Ltd
2.50%
7.23% Govt Stock 2039
2.34%
ICICI Bank Ltd
2.07%
Tata Consultancy Services Ltd
2.06%
Trent Ltd
1.99%
Fund Managers
- Sharwan Kumar Goyal (Nov 2021 - Present)
- Jaydeep Bhowal (Oct 2024 - Present)
Key Information
View Scheme Document
UTI Multi Asset Allocation Fund Plan Growth SIP Calculator
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For a period of
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Fixed Deposit
NRI Mutual Fund Tax on UTI Multi Asset Allocation 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 Multi Asset Allocation 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 Multi Asset Allocation 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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0.0%
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13.9%
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11.8%
Frequently Asked Questions
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