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UTI Retirement Benefit Pension Fund

Solution Oriented - Retirement Fund

About

UTI Retirement Benefit Pension Fund is a solution-oriented mutual fund scheme that focuses on retirement planning. The fund was launched in December 1994.

As of April 30, 2022, the fund has Assets Under Management (AUM) of Rs. 1,601 crores with an expense ratio of 1.82% for Regular Plans and 1.27% for Direct Plans.

As of April 30, 2022, this UTI Retirement Benefit Pension Fund has Assets Under Management (AUM) of Rs. 3,576 crores with an expense ratio of 1.76% for Regular Plans and 1.02% for Direct Plans. There is no entry and exit load applicable on investments in this fund, however it carries a lock-in period of five years or till retirement age, whichever is earlier.

The scheme aims to create a healthy retirement corpus with a mix of debt and equity securities. For equity allocation, the fund remains biased to large caps (minimum of 50% exposure), remaining invested in midcap and small caps with an aim to generate long-term wealth. The fund manages debt duration dynamically by investing across varying maturities, focusing on high-quality corporate debt to mitigate investment risk.

Invest in UTI Retirement Benefit Pension Fund - Features and Benefits

  • The Fund aims to invest 60%-100% in debt, 0%-40% in equities and 0%-10% in REITs (Real Estate Investment Trusts).
  • The Fund carries a lock-in period of 5 years or till retirement age, whichever is earlier.
  • One can invest in UTI Retirement Benefit Pension Fund through Mutual Fund Distributors or through offices of UTI Mutual Fund.
  • Investment can be made through lump sum or through Systematic Investment Plans (SIPs) approach.
  • Invest in the scheme an amount as low as Rs. 500.
  • UTI Retirement Benefits Pension Fund gains carry a tax rate of 20% with indexation benefit for Long-Term Capital Gains (LTCG). Accordingly, only the actual returns (i.e., returns adjusted for inflation) from UTI Retirement Benefit Pension Fund investments held for 36 months or more are taxed.
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Snapshot

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Fund Facts

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Monthly Avg. AuM
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Fund Performance

Period Fund Performance Vs Benchmark (CAGR) Growth for Rs 10,000 /-
NAV (%) NAV (Rs)

"Different plans have a different expense structure. The performance details provided herein are of Regular plan." * CAGR - Compounded annualized Growth Rate

"Different plans have a different expense structure. The performance details provided herein are of Regular plan." * CAGR - Compounded annualized Growth Rate

Portfolio

Fund Benchmark Net
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Fund Managers

Frequently asked questions

    What is UTI Retirement benefit pension fund?

    UTI Retirement Benefit Pension Fund is a notified tax savings cum pension scheme that endeavours to create retirement corpus over the long period. The fund is one of the oldest offerings in the country with a portfolio mix of both debt and equity securities. The fund provides a tax benefit on investment up to Rs. 1,50,000 per year under section 80C of IT Act, 1961. UTI Retirement Benefit Pension Fund with a performance track record of over 2 decades and tax advantages can be a prime choice for achieving your retirement goals.

    How are the returns of UTI Retirement Benefit Pension Fund?

    UTI Retirement Benefit Pension Fund has generated 10.70% CAGR since its inception on December 26, 1994 as of September 30, 2021. The past performance may or may not be sustained in the future. For more details on performance click here

    What is the current NAV of UTI Retirement Benefit Pension Fund?

    The NAV of UTI Retirement Benefit Pension Fund - Regular Plan - Growth is Rs.34.1486 as of September 30, 2021. To view the NAV history of the fund click here

    What are the tax benefits of investing in UTI Retirement Benefit Pension Fund and how is the fund taxed?

    On redemption of investments of UTI Retirement Benefit Pension 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. The fund is eligible for income tax benefit under section 80C of the Income Tax Act 1961, subject to a maximum of Rs.1,50,000/- in a financial year, as specified therein.

    What is the investment objective of UTI Retirement Benefit Pension Fund?

    The investment objective of the scheme is primarily to generate a corpus to provide for pension in the form of periodical income /cash flow to the unit holders to the extent of redemption value of their holding after the age of 58 years by investing in a mix of securities comprising of debt & money market instruments and equity & equity related instruments. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.

    How do I invest in UTI Retirement Benefit Pension Fund?

    Investors can invest online at UTI Mutual Fund website 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.