UTI Bond Fund Direct Dividend Yearly is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was introduced to investors on 04 May 2016. Amandeep Chopra is the Current Fund Manager of UTI Bond Fund Direct Dividend Yearly.The fund currently has an Asset Under Management(AUM) of ₹577 Cr and the Latest NAV as of 22 Oct 2019 is ₹10.90.
The UTI Bond Fund Direct Dividend Yearly is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. Exit load of 3% if redeemed before 3 months, 2% if redeemed within 3 months but before 6 months, 1% if redeemed within 6 months but before 1 year..
The Scheme will retain the flexibility to invest in the entire range of debt and money market instruments. The flexibility is being retained to adjust the portfolio in response to a change in the risk to return equation for asset classes under investment, with a view to maintain risks within manageable limits.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 3% if redeemed before 3 months, 2% if redeemed within 3 months but before 6 months, 1% if redeemed within 6 months but before 1 year.