Frequently asked questions
What is UTI Equity Savings Fund?
UTI Equity Saving Fund is an open-ended hybrid scheme which provides capital appreciation and income distribution by investing in equity / equity related instruments, arbitrage opportunities and debt / money market instruments.
How are the returns of UTI Equity Savings Fund?
Over the last one year UTI Equity Savings Fund has generated 25.34% CAGR as against the benchmark index CRISIL Equity Savings Index of 22.23% CAGR as of September 30, 2021. The past performance may or may not be sustained in the future. For more details on preformance click here
What is the current NAV of UTI Equity Savings Fund?
The NAV of UTI Equity Savings Fund - Regular Plan - Growth is Rs.13.0404 as of September 30, 2021. To view the NAV history of the fund click here
How is UTI Equity Savings Fund taxed?
On redemption of investments of UTI Equity Savings Fund, capital gains are taxed as below: The Fund will attract capital gains tax if the redemption value is more than the purchase price. The gains can either be short term or long term in nature. If the units are held for 3 years or less, the gains made are subject to Short-Term Capital Gains Tax (STCG) and are taxed as per the income slab. If the units are held for more than 3 years, the gains are subject to Long-Term Capital Gains Tax (LTCG) which is taxed at 20% with the benefit of indexation (available to debt-oriented funds). Indexation accounts for the effect of inflation in the acquisition purchase cost i.e., the purchase price is increased to adjust for inflation (as per the cost inflation index (CII) notified by the Central Board of Direct Taxes (CBDT)) before calculating the capital gain. Thus, it reduces the overall tax liability for the investor.
What is the investment objective of UTI Equity Savings Fund?
The investment objective of the Scheme is to provide capital appreciation and income distribution to the investors using arbitrage opportunities, investment in equity / equity related instruments and debt / money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.
How do I invest in UTI Equity Savings Fund?
Investors can invest online at UTI Mutual Fund or download the mobile app and start investing subject to KYC compliance. Investors may also approach nearest UTI Financial Centres (UFCs). Alternatively, you may also approach your mutual fund distributor, financial advisor, or various online platform for investments.