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
₹160.45
0.28%
NAV as on 19 Nov 24, 12:00 AM
very high risk
index funds
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
index funds
equity
20.08%p.a.
Last 1Y
10.72%p.a.
Last 3Y
15.40%p.a.
Last 5Y
12.04%p.a.
Since Inception
About UTI Nifty 50 Index Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the UTI Nifty 50 Index Fund Plan Growth scheme from UTI Asset Management Co Ltd. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Mar 2000, UTI Nifty 50 Index Fund Plan Growth is Index Funds fund of its category with 19,626.32 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
- UTI Nifty 50 Index Fund Plan Growth delivered 20.1% annual returns during the last year. It has delivered 12.0% average annual returns since the fund was launched.
- UTI Nifty 50 Index 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 principal investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavor to achieve return equivalent to Nifty 50 Index by “passive” investment. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Top 10 Holdings
HDFC Bank Ltd
12.11%
ICICI Bank Ltd
8.37%
Reliance Industries Ltd
8.31%
Infosys Ltd
5.82%
ITC Ltd
4.18%
Bharti Airtel Ltd
3.98%
Larsen & Toubro Ltd
3.92%
Tata Consultancy Services Ltd
3.73%
Axis Bank Ltd
3.04%
State Bank of India
2.90%
Fund Managers
- Sharwan Kumar Goyal (Jul 2018 - Present)
- Ayush Jain (May 2022 - Present)
Key Information
View Scheme Document
UTI Nifty 50 Index Fund Plan Growth SIP Calculator
If invested
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For a period of
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NRI Mutual Fund Tax on UTI Nifty 50 Index 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 Nifty 50 Index 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 Nifty 50 Index 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
Similar Funds
Funds
3Y Return
HDFC Nifty 50 Index Fund
very high risk | equity
10.6%
ICICI Prudential Nifty 50 Index Plan Growth
very high risk | equity
10.6%
SBI Nifty Index Fund Growth
very high risk | equity
10.5%
Frequently Asked Questions
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