Risk | High |
---|---|
Min SIP Amount | Not Supported |
Expense Ratio | 1.57% |
NAV | ₹27.08 (16 Apr 2021) |
---|---|
Fund Started | 01 Jan 2013 |
Fund Size | ₹3,917 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
Bajaj Finance Ltd. | Financial | Equity | 0.7% |
Atul Ltd. | Chemicals | Equity | 0.2% |
UTI Children's Career Fund Savings Plan Direct Plan is a Solution Oriented Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Amandeep Chopra, Kaushik Basu is the Current Fund Manager of UTI Children's Career Fund Savings Plan Direct Plan fund.The fund currently has an Asset Under Management(AUM) of ₹3,917 Cr and the Latest NAV as of 16 Apr 2021 is ₹27.08.
The UTI Children's Career Fund Savings Plan Direct Plan is rated High risk. Minimum SIP Investment is set to 500.
The scheme seeks to invest predominantly in debt and money market instruments and part of the portfolio into equity & equity related securities with a view to generating income and aim for capital appreciation.
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).