UTI Banking and Financial Services Fund Regular Plan Growth is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was introduced to investors on 09 Mar 2004. Sudhir Agrawal is the Current Fund Manager of UTI Banking and Financial Services Fund Regular Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹644 Cr and the Latest NAV as of 09 Dec 2019 is ₹100.10.
The UTI Banking and Financial Services Fund Regular Plan Growth is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed less than 1 year.
Investment objective is capital appreciation through investments in the stocks of the companies/institutions engaged in the banking and financial services activities
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
Exit load of 1% if redeemed less than 1 year