UTI Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Ajay Tyagi is the Current Fund Manager of UTI Equity Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹9,913 Cr and the Latest NAV as of 20 Nov 2019 is ₹153.06.
The UTI Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. For more than 10% of investments 1% will be charged if redeemed within 1 year.
The principal investment objective is to provide long term capital appreciation through investment in the securities market in India.
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
For more than 10% of investments 1% will be charged if redeemed within 1 year