UTI Mastershare Direct Growth 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 Mastershare Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹6,174 Cr and the Latest NAV as of 09 Dec 2019 is ₹131.23.
The UTI Mastershare Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 100. For more than 10% of investments 1% will be charged if redeemed within 1 year.
Aims to Long Term Capital Appreciation
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
For more than 10% of investments 1% will be charged if redeemed within 1 year