NRI from all over the world (including U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

UTI Focused Fund Growth for NRI [14.40]

Min Investment

5,000

Fund Size

2,579.48 Cr

Expense Ratio

2.0%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

14.40

0.16%

NAV as on 26 May 24, 12:00 AM

very high risk

focused fund

equity

NAV as on 26 May 24, 12:00 AM

very high risk

focused fund

equity

36.20%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

13.54%p.a.

Since Inception

About UTI Focused Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI Focused Fund Growth scheme from UTI Asset Management Co Ltd. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Aug 2021, UTI Focused Fund Growth is Focused Fund fund of its category with 2,579.48 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.

  • UTI Focused Fund Growth delivered 36.2% annual returns during the last year. It has delivered 13.5% average annual returns since the fund was launched.
  • UTI Focused Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The investment objective of the scheme is to generate long term capital appreciation by investing in equity & equity related instruments of maximum 30 stocks across market caps. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Top 10 Holdings

ICICI Bank Ltd

8.89%

HDFC Bank Ltd

7.96%

Infosys Ltd

5.92%

Tata Motors Ltd

4.61%

Trent Ltd

4.33%

IndusInd Bank Ltd

4.13%

Avenue Supermarts Ltd

4.12%

Bharti Airtel Ltd

4.10%

Godrej Consumer Products Ltd

3.87%

Maruti Suzuki India Ltd

3.83%

Fund Managers

  1. Vishal Chopda (May 2022 - Present)

Key Information

View Scheme Document

UTI Focused Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on UTI Focused Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in UTI Focused Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in UTI Focused Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions