| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.86% |
| NAV | ₹37.76 (31 Jul 2020) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹300 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.0% |
| ICICI Bank Ltd. | Financial | Equity | 6.3% |
| Infosys Ltd. | Technology | Equity | 6.2% |
| Bharti Airtel Ltd. | Communication | Equity | 3.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.5% |
| ITC Ltd. | FMCG | Equity | 3.4% |
| Axis Bank Ltd. | Financial | Equity | 3.4% |
| Gujarat Gas Ltd. | Chemicals | Equity | 2.9% |
| Crompton Greaves Consumer Electricals Ltd. | Cons Durable | Equity | 2.4% |
| Larsen & Toubro Infotech Ltd. | Technology | Equity | 2.2% |
UTI Children's Career Fund Investment Plan Direct Growth is a Solution Oriented Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Kaushik Basu is the Current Fund Manager of UTI Children's Career Fund Investment Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹300 Cr and the Latest NAV as of 31 Jul 2020 is ₹37.76.
The UTI Children's Career Fund Investment Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Exit load of 4% if redeemed less than 1 year, 3% if redeemed 1 year and above but less than 3 years and 1% if redeemed 3 years and above but less than 5 years.
The Plan provides financial support to childrens career along the path of higher education for competitive world ahead.
If average equity holding is >65%, returns are taxed at 15% (redeemed before one year) and 10% (After 1 year as per LTCG). If average equity holding is <65%, returns are taxed as per your Income Tax slab (redeemed before 3 years) and 20% with indexation benefit (post 3 years).