Feedback
Navigate Up
  • Chat online
  • Write to us
  • 1800 26 61230

UTI Long Term Advantage Fund Series-V

Rating (source: Value Research)
  • Overview

  • Performance

  • Portfolio

  • Fund
    Manager
  • Scheme
    Documents
  • Load
    Structure
  • Management
    Commentary
  • Creation Unit/
    Portfolio
Investment 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. However, there can be no assurance that the investment objective of the Scheme will be realized.
NFO Opens
Thursday, December 22, 2016
NFO Closes
Wednesday, March 22, 2017
Allotment Date
Wednesday, March 29, 2017
Scheme Tenure
10 years
For Redemption
Monday, March 30, 2020(29th being non-business day)
Maturity Date
Monday, March 29, 2027
Type
A 10 year Close-ended Equity Linked Savings Scheme
Offer Price
Offer of Units of Rs. 10/- per unit for cash during the New Fund Offer period
Minimum Application amount
Minimum investment is Rs. 500/- and in multiples of Rs. 500/- hereafter with no upper limit. However, as per section 80C of the Income Tax Act, 1961, the tax benefit will be available only upto a maximum amount of Rs.1,50,000/- (along with other prescribed investments).
Plans and Options
The scheme offers following plans
Regular Plan and Direct Plan
(i)Growth Option (ii)Dividend Option with Payout Option only

In case no option is indicated in the application form, then the default option will be the Growth Option.
Direct Plan: This Direct plan (investments not routed through a distributor) shall have a lower expense ratio excluding distribution expenses, commission etc. and have a separate NAV. No commission shall be paid / charged from Direct Plan. The terms and conditions of the plan is in accordance with SEBI Regulations.

If the investor does not mention Direct against the scheme name and the ARN code is also not provided the default allotment would be made in the Direct Plan.

The Direct and Regular plans will have a common portfolio.

How to apply: Investors subscribing under Direct Plan will have to indicate “Direct Plan” against the Scheme name in the application form as for example “UTI-Long Term Advantage Fund - Series V–Direct Plan”.

Treatment of applications under "Direct" / "Regular" Plans:
Scenario Broker Code mentioned by the investor Plan mentioned by the investor Default Plan to be captured
1 Not mentioned Not mentioned Direct Plan
2 Not mentioned Direct Direct Plan
3 Not mentioned Regular Direct Plan
4 Mentioned Direct Direct Plan
5 Direct Not mentioned Direct Plan
6 Direct Regular Direct Plan
7 Mentioned Regular Regular Plan
8 Mentioned Not mentioned Regular Plan

In cases of wrong/ invalid/ incomplete ARN codes mentioned in the application form under Scenarios 7 or 8 above, the application shall be processed under Regular Plan. UTI AMC shall contact and obtain the correct ARN code within 30 calendar days of the receipt of the application form from the investor/ distributor. In case, the correct code is not received within 30 calendar days, the transaction shall be reprocessed under Direct Plan from the date of application without any exit load. For further details on Direct Plan, please refer to SAI.

This product is suitable for investors who are seeking*:

  • Capital appreciation over a period of 10 years
  • Investment in equity and equity related instruments of companies along with income tax benefit u/s 80C of the Income Tax Act, 1961
  • Moderately High Level

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Investment Objective

The investment objective of the scheme is to provide medium to long term capital appreciation along with income tax benefit.

Options Available

Growth option, Dividend option with Payout and Reinvestment

Fund Managers
Fund Manager

Mr. Lalit Nambiar

Lalit Nambiar is a Commerce Graduate and has done his Masters of Management Studies (MMS) and Chartered Financial Analyst (CFA).

Know More

Sectoral Breakdown
(% as compared to Benchmark)

Market Capitalisation (%)

Large Mid Small

View complete asset allocation
Fund Manager - Biography
Fund Manager

Mr. Lalit Nambiar

Lalit Nambiar is a Commerce Graduate and has done his Masters of Management Studies (MMS) and Chartered Financial Analyst (CFA). He has been associated with UTI AMC Ltd. since December 2006. He is presently functioning as a Co-Fund Manager & Head of Research. He has an overall industry experience of 15 years having worked with good corporates like IIT Investrust Ltd., UTI Securities Exchange Ltd. and SBI Capital Markets Ltd.

Download Fund Documents
Minimum Application Amountt Minimum investment is Rs. 500/- and in multiples of Rs. 500/- hereafter with no upper limit. However, as per section 80 C of the Income Tax Act, 1961, the tax benefit will be available only upto a maximum amount of Rs.1,50,000/- (along with other prescribed investments).
Entry Load N.A
Exit Load(as % of NAV) Nil
As per ELSS guidelines redemption of units will be allowed after an initial Lock-in-Period of 3 years from the date of allotment.
Our 3 step
online application process
1
Register at invest@uti to buy funds online.
2
Fill up the online application form and make payments online.
3
Print and sign the form and send it with required documents at our nearest office or our executive will come and collect them
Already have this Fund?

Things you should know to make the best investment decision

Register with us
and recieve benefits:

  • Get tips on investment
  • Bust your myths
  • Get NAV alerts
  • Recieve emails on market outlook
....and much more!

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

DESIGNED BY : Indigo Consulting
DEVELOPED BY :   Prosares Solution Pvt Ltd