UTI Regular Savings Fund Regular Plan Monthly Payment is a Hybrid Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was introduced to investors on 15 Dec 2003. Amandeep Chopra, Ajay Tyagi is the Current Fund Manager of UTI Regular Savings Fund Regular Plan Monthly Payment.The fund currently has an Asset Under Management(AUM) of ₹2,346 Cr and the Latest NAV as of 22 Oct 2019 is ₹40.95.
The UTI Regular Savings Fund Regular Plan Monthly Payment is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 25000. For more than 10% of investments 1% will be charged if redeemed within 12 months.
To generate regular income through investments in fixed income securities and capital appreciation through investment of portion of assets of the scheme in equity and equity related instruments so as to endeavour to make periodic income distribution to unit holders
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
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 12 months