| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.25% |
| NAV | ₹15.90 (10 Aug 2020) |
|---|---|
| Fund Started | 03 Feb 2014 |
| Fund Size | ₹163 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| REC Ltd. | Financial | Debenture | 8.3% |
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 8.0% |
| National Bank For Agriculture & Rural Development | Financial | CD | 7.9% |
| National Thermal Power Corp. Ltd. | Energy | Bonds | 6.8% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 6.4% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 6.4% |
| Power Finance Corpn. Ltd. | Financial | NCD | 6.3% |
| Jorabat Shillong Expressway Ltd. | Services | NCD | 6.1% |
| National Housing Bank | Financial | Debenture | 3.1% |
| Power Finance Corpn. Ltd. | Financial | NCD | 1.9% |
UTI Banking & PSU Debt Fund Direct Growth is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 03 Feb 2014. Sudhir Agrawal is the Current Fund Manager of UTI Banking & PSU Debt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹163 Cr and the Latest NAV as of 10 Aug 2020 is ₹15.90.
The UTI Banking & PSU Debt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The investment objective of the scheme is to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs).
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.