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UTI Long Term Advantage Fund - Series III - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : UTI Mutual Fund
Close Ended Fund. New investments not allowed in this fund.

Scheme Objective

The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity related instruments of companies along with income tax benefit.

Scheme Details

  • Fund manager(s)Sanjay Dongre
  • Launch date – 30-Mar-2016
  • Expense ratio – 2.32% as declared on 28-Feb-2018 (category average is 1.51%)
  • Benchmark - S&P BSE 100
  • Min SIP amount - ₹
  • Min investment amount (one time- first time) - ₹
  • Min investment amount (addtional purchase) - ₹
  • Close Ended Fund. New investments not allowed in this fund.

Exit Load

Net Buy Price
Buy Date
Sell Date
  • Gross Profit
  • Exit Charges
  • Net Profit

Tax Rate

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Contact Details

UTI Asset Management Co. Pvt. Ltd.
UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East) Mumbai 400051
Tel no.: 66786666
Fax no.: 66786503;66786578
Website.: www.utimf.com

Forum

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