3 Year return

16.4%
Launched on January 2013 (11 years)

Investment Details

₹500

Minimum SIP Amount

₹500

Minimum one time investment

Fund has 3 years period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹3614.56 Cr.

Expense Ratio

0.85% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
1

Ratings by other agencies

3
3
4

Tax Implications

Withdrawal within 1 year

Not applicable as these investments cannot be sold before the 3 year lock-in period

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

UTI Mutual Fund Managers

VS

Vetri Subramaniam

Fund Manager since Apr 2022

View Details

Fund House Details

UTI Mutual Fund

UTI Mutual Fund Asset management company

AUM ₹290,993.03 Cr.
No. of Schemes 250
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by UTI Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
18.37%
scheme logo

Hybrid . Aggressive Hybrid Fund

UTI Aggressive Hybrid Fund Direct Plan Growth

18.37%
6.31%

About UTI Long Term Equity Fund (Tax Saving) Direct Plan IDCW Payout

UTI Long Term Equity Fund (Tax Saving) Direct Plan IDCW Payout is a mutual fund offered by UTI Mutual Fund. The UTI Infrastructure Fund falls under the "Equity - Infrastructure" category. This category indicates that the fund primarily focuses on investing in companies within the infrastructure sector, which includes segments like construction, utilities, transportation, and more. The UTI Infrastructure Fund is an open-ended fund, allowing you to buy and sell units on any business day. The expense ratio of the fund is higher than the category average. This means that the fund charges higher fees to investors, which can impact their returns over the long term.

Investment Objectives of the Scheme

The fund's primary objective is to provide long-term capital appreciation by predominantly investing in equity and equity-related instruments of companies operating within the infrastructure sector. The fund aims to capitalize on growth opportunities within this specific industry.

Key Features of The Fund

5-year return 18.47%
Expense Ratio 0.85%
Fund Manager Vetri Subramaniam
Fund Size ₹3614.56 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This fund could be suitable for investors who believe in the growth potential of the infrastructure sector and want to include it in their investment portfolio. If you're interested in thematic investing and are comfortable with the potentially higher volatility associated with sector-specific funds, the UTI Infrastructure Fund might align well with your investment strategy. However, keep in mind that sectoral funds can carry higher risks due to their focused investment approach.

AMC Contact Details

Name UTI Mutual Fund
Launch Date January 2003
Addresss First Floor, Unit No. 2, Block ‘B’, JVPD Scheme, Gulmohar Cross Road No. 9, Andheri (West), Mumbai – 400049.
Contact 1800 266 1230(+91) 022 6227 8000022 – 68990800
Email service@uti.co.in
Website https://www.utimf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of UTI ELSS Tax Saver Fund Direct Plan IDCW Payout?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of UTI ELSS Tax Saver Fund Direct Plan IDCW Payout Jun 11 2024 is 51.0931

What is the AUM of UTI ELSS Tax Saver Fund Direct Plan IDCW Payout?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of UTI ELSS Tax Saver Fund Direct Plan IDCW Payout is 3614.56 crore.

What is the expense ratio of UTI ELSS Tax Saver Fund Direct Plan IDCW Payout?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of UTI ELSS Tax Saver Fund Direct Plan IDCW Payout is 0.85%

What are the returns of UTI ELSS Tax Saver Fund Direct Plan IDCW Payout since inception?

The UTI ELSS Tax Saver Fund Direct Plan IDCW Payout was launched on Jan 01 2013. The fund has delivered a CAGR of 15.28 since inception.

What is the minimum SIP amount to invest in UTI ELSS Tax Saver Fund Direct Plan IDCW Payout?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for UTI ELSS Tax Saver Fund Direct Plan IDCW Payout is 500.

How do I invest in UTI ELSS Tax Saver Fund Direct Plan IDCW Payout?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in UTI ELSS Tax Saver Fund Direct Plan IDCW Payout?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in UTI ELSS Tax Saver Fund Direct Plan IDCW Payout?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in UTI ELSS Tax Saver Fund Direct Plan IDCW Payout?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.