UTI Nifty Next 50 Exchange Traded Fund Regular Growth is a Others Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was introduced to investors on 04 Aug 2017. Kaushik Basu is the Current Fund Manager of UTI Nifty Next 50 Exchange Traded Fund Regular Growth.The fund currently has an Asset Under Management(AUM) of ₹332 Cr and the Latest NAV as of 17 Oct 2019 is ₹283.44.
The UTI Nifty Next 50 Exchange Traded Fund Regular Growth is rated Moderately High risk. Minimum SIP Investment is 0. Nil.
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.
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