UTI MNC 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 MNC Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹2,295 Cr and the Latest NAV as of 21 Nov 2019 is ₹111.65.
The UTI MNC Fund Direct Dividend is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed less than 1 year.
Investment Objective
Aims to be a pure growth fund by predominantly investing in multinational companies and other liquid stocks.
Tax Implications
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed less than 1 year
Exit Load