UTI Banking & PSU Debt Fund Regular Flexi Dividend is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was introduced to investors on 12 Aug 2016. Sudhir Agrawal is the Current Fund Manager of UTI Banking & PSU Debt Fund Regular Flexi Dividend.The fund currently has an Asset Under Management(AUM) of ₹146 Cr and the Latest NAV as of 27 Jan 2020 is ₹10.44.
The UTI Banking & PSU Debt Fund Regular Flexi Dividend is rated Moderate risk. Minimum SIP Investment is 500. Nil.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment