UTI Mid Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Lalit Nambiar is the Current Fund Manager of UTI Mid Cap Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹3,745 Cr and the Latest NAV as of 06 Dec 2019 is ₹103.38.
The UTI Mid Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed less than 1 year.
Investment objective is capital appreciation by investing primarily in mid cap stocks.
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