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

INVEST VIA NRE/NRO

UTI Medium Duration Fund - Plan - Growth Option for NRI [16.76]

Min Investment

500

Fund Size

40.31 Cr

Expense Ratio

1.6%

Exit Load

1%

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

16.76

0.07%

NAV as on 26 May 24, 12:00 AM

moderate risk

medium duration

debt

NAV as on 26 May 24, 12:00 AM

moderate risk

medium duration

debt

6.09%p.a.

Last 1Y

5.77%p.a.

Last 3Y

4.36%p.a.

Last 5Y

5.75%p.a.

Since Inception

About UTI Medium Duration Fund - Plan - Growth Option for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI Medium Duration Fund - Plan - Growth Option scheme from UTI Asset Management Co Ltd. It is a Medium Duration mutual fund scheme that predominantly invests in Medium Duration stocks of companies. Launched on Mar 2015, UTI Medium Duration Fund - Plan - Growth Option is Medium Duration fund of its category with 40.31 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.

  • UTI Medium Duration Fund - Plan - Growth Option delivered 6.1% annual returns during the last year. It has delivered 5.8% average annual returns since the fund was launched.
  • UTI Medium Duration Fund - Plan - Growth Option scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The investment objective of the scheme is to generate reasonable income by investing in debt & money market securities such that the Macaulay duration of the portfolio is between 3 to 4 years. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

Top 10 Holdings

7.18% Govt Stock 2033

13.68%

7.26% Govt Stock 2032

9.97%

7.1% Govt Stock 2029

9.89%

07.79 Up SDL 2033

7.69%

Godrej Industries Limited

7.34%

6.54% Govt Stock 2032

7.17%

Can Fin Homes Limited

4.89%

TATA Motors Limited

4.84%

360 One Prime Limited

3.72%

The Ramco Cements Limited

3.71%

Fund Managers

  1. Ritesh Nambiar (Jul 2015 - Present)

Key Information

View Scheme Document

UTI Medium Duration Fund - Plan - Growth Option 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 Medium Duration Fund - Plan - Growth Option

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 Medium Duration Fund - Plan - Growth Option?

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 Medium Duration Fund - Plan - Growth Option
  • 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