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

INVEST VIA NRE/NRO

UTI Mid Cap Fund Plan Growth for NRI [302.06]

Min Investment

5,000

Fund Size

10,474.79 Cr

Expense Ratio

1.8%

Exit Load

1%

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

302.06

0.11%

NAV as on 26 May 24, 12:00 AM

very high risk

mid cap

equity

NAV as on 26 May 24, 12:00 AM

very high risk

mid cap

equity

42.23%p.a.

Last 1Y

21.44%p.a.

Last 3Y

22.67%p.a.

Last 5Y

18.28%p.a.

Since Inception

About UTI Mid Cap Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI Mid Cap Fund Plan Growth scheme from UTI Asset Management Co Ltd. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Apr 2004, UTI Mid Cap Fund Plan Growth is Mid-Cap fund of its category with 10,474.79 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.

  • UTI Mid Cap Fund Plan Growth delivered 42.2% annual returns during the last year. It has delivered 18.3% average annual returns since the fund was launched.
  • UTI Mid Cap Fund Plan 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 objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of mid cap companies. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Top 10 Holdings

Phoenix Mills Ltd

2.25%

Indian Bank

2.14%

Oil India Ltd

2.13%

Shriram Finance Ltd

2.07%

Bharat Electronics Ltd

2.03%

Bharat Forge Ltd

1.97%

Tube Investments of India Ltd Ordinary Shares

1.95%

Astral Ltd

1.93%

Voltas Ltd

1.84%

Alkem Laboratories Ltd

1.82%

Fund Managers

  1. Ankit Agarwal (Aug 2019 - Present)

Key Information

View Scheme Document

UTI Mid Cap Fund Plan 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 Mid Cap Fund Plan 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 Mid Cap Fund Plan 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 Mid Cap Fund Plan 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