|Min SIP Amount||Not Supported|
|NAV||₹11.75 (10 May 2021)|
|Fund Started||22 Dec 2020|
|Fund Size||₹1,168 Cr|
UTI Small Cap Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 22 Dec 2020. Kamal Gada is the Current Fund Manager of UTI Small Cap Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,168 Cr and the Latest NAV as of 10 May 2021 is ₹11.75.
The UTI Small Cap Fund Direct IDCW is rated Very High risk. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within one year.
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of small cap companies.
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.