Launch date | NA |
Allotment date | 19 Sep 2024 |
End date | NA |
NAV | ₹10.00 |
Inclusive of GST
Nil
0.005% (from July 1st, 2020)
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Min. for 1st investment | ₹5,000 |
Min. for 2nd investment onwards | ₹5,000 |
Min. for SIP | ₹500 |
Rank (total assets) | #8 in India |
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Total AUM | ₹3,25,384.55Cr |
Date of Incorporation | 14 Nov 2002 |
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UTI Nifty Private Bank Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 14 Nov 2002. Ayush Jain is the Current Fund Manager of UTI Nifty Private Bank Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,25,385 Cr and the Latest NAV as of 02 Sep 2024 is ₹10.00. The UTI Nifty Private Bank Index Fund Direct Growth is rated NA risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. ;
The scheme seeks to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error. ;
Fund benchmark | Nifty Private Bank TRI |
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