3 Year return
13.98%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹3871.53 Cr.
Expense Ratio
0.91% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal after 3 years:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
UTI Mutual Fund Managers
VS
Vetri Subramaniam
Fund Manager since Apr 2022
Fund House Details
UTI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
Motilal Oswal ELSS Tax Saver Fund |
30.66% |
2.5 |
|
Bank of India ELSS Tax Saver |
21.98% |
3 |
|
Quant ELSS Tax Saver Fund |
20.31% |
3.5 |
Schemes by UTI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Arbitrage Fund
UTI Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
UTI Arbitrage Fund Direct Plan IDCW Payout
About UTI Long Term Equity Fund (Tax Saving) Direct Plan Growth
The UTI Long Term Equity Fund (Tax Saving) Direct Plan Growth is an Equity Linked Savings Scheme (ELSS) with an open-ended structure under the UTI Mutual Fund. With a preference for large-cap stocks, this tax-saving mutual fund primarily invests in equities and equity-related assets across the market capitalisation spectrum. The benchmark for this fund is NIFTY 500 Total Return Index.
Investment Objective of The Scheme
Investments made using the funds collected through the UTI Long Term Equity Fund (Tax Saving) Direct Plan Growth include company warrants, fully convertible bonds, and debentures. It employs a hybrid method of investing and favours businesses with reliable cash flow creation, sound financial standing, and fair prices. Furthermore, the fund adheres to a clear investing criteria that prevents overconcentration at the sector and stock level.
Key Features of The Fund
| 5-year return | 18.24% |
| Expense Ratio | 0.91% |
| Fund Manager | Vetri Subramaniam |
| Fund Size | ₹3871.53 Cr |
| Risk Profile | Very High |
Is This Scheme Right for Me?
If you are an investor seeking an equity-linked savings scheme that generates long-term capital growth, UTI Long Term Equity Fund (Tax Saving) Direct Plan Growth could be an option you could consider. This scheme has an ideal investment horizon of five years or more with a lock-in period of 3 years. The fund provides tax deduction up to the limits specified u/s 80C of the Income Tax Act, 1961. Nonetheless, before you invest, you must think of your individual and unique investment and financial goals.
AMC Contact Details
| Name | UTI Mutual Fund |
| Launch Date | January 2003 |
| Addresss | First Floor, Unit No. 2, Block ‘B’, JVPD Scheme, Gulmohar Cross Road No. 9, Andheri (West), Mumbai – 400049. |
| Contact | 1800 266 1230(+91) 022 6227 8000022 – 68990800 |
| service@uti.co.in | |
| Website | https://www.utimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Enhance the Creation of Long-Term Wealth With SIPs
FAQs
What is today's NAV of UTI ELSS Tax Saver Fund?
What is the AUM of UTI ELSS Tax Saver Fund?
What is the expense ratio of UTI ELSS Tax Saver Fund?
What are the returns of UTI ELSS Tax Saver Fund since inception?
What is the minimum SIP amount to invest in UTI ELSS Tax Saver Fund?
How do I invest in UTI ELSS Tax Saver Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in UTI ELSS Tax Saver Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in UTI ELSS Tax Saver Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in UTI ELSS Tax Saver Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
