UTI Unit Linked Insurance Plan Direct

UTI Unit Linked Insurance Plan Direct is a Hybrid Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 14 Nov 2002. Ajay Tyagi is the Current Fund Manager of UTI Unit Linked Insurance Plan Direct fund. The fund currently has an Asset Under Management(AUM) of ₹3,25,385 Cr and the Latest NAV as of 13 Sep 2024 is ₹43.66. The UTI Unit Linked Insurance Plan Direct is rated High risk. Minimum SIP Investment is set to ₹500. Exit load of 2% for premature withdrawal ;

Investment Objective

An open-ended balance fund with an objective of investing not more than 40% of the funds in equity and equity related instrument and balance in debt and money market instruments with low to medium risk profile. Investment by and individual in the scheme is eligible for deduction from the income under section 80C of the IT Act 1661. In addition the scheme also offers Life Insurance and Accident Insurance cover. ;