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
₹19.00
0.12%
NAV as on 30 Apr 24, 12:00 AM
very high risk
index funds
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
index funds
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
71.74%p.a.
Since Inception
About UTI Nifty 500 Value 50 Index Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the UTI Nifty 500 Value 50 Index Fund 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 May 2023, UTI Nifty 500 Value 50 Index Fund Growth is Index Funds fund of its category with 230.68 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
- UTI Nifty 500 Value 50 Index Fund Growth delivered 0.0% annual returns during the last year. It has delivered 71.7% average annual returns since the fund was launched.
- UTI Nifty 500 Value 50 Index Fund 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 Investment objective of the Scheme is to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Top 10 Holdings
Oil & Natural Gas Corp Ltd
5.69%
Power Grid Corp Of India Ltd
5.22%
Coal India Ltd
5.22%
State Bank of India
5.19%
Tata Steel Ltd
5.07%
Grasim Industries Ltd
4.86%
Indian Oil Corp Ltd
4.85%
NTPC Ltd
4.77%
Vedanta Ltd
4.77%
Hindalco Industries Ltd
4.25%
Fund Managers
- Sharwan Kumar Goyal (May 2023 - Present)
- Ayush Jain (May 2023 - Present)
Key Information
View Scheme Document
UTI Nifty 500 Value 50 Index Fund Growth SIP Calculator
If invested
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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 Nifty 500 Value 50 Index Fund 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 500 Value 50 Index Fund 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 500 Value 50 Index Fund 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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