UTI Dividend Yield Fund Direct Dividend is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Swati Kulkarni is the Current Fund Manager of UTI Dividend Yield Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹2,346 Cr and the Latest NAV as of 17 Jan 2020 is ₹17.41.
The UTI Dividend Yield Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Exit load of 1% if redeemed less than 1 year.
To provide medium to long term capital gains and / or dividend distribution by investing predominantly in equity and equity related instruments, which offer high dividend yield.
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