UTI Nifty Exchange Traded Fund Dividend is a Others Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was introduced to investors on 01 Sep 2015. Kaushik Basu is the Current Fund Manager of UTI Nifty Exchange Traded Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹16,025 Cr and the Latest NAV as of 27 Mar 2020 is ₹917.70.
The UTI Nifty Exchange Traded Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 5000. Nil.
Investment Objective
The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However there is no guarantee or assurance that the investment objective of the scheme will be achieved.
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)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment