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NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
UTUTI MFGrowth

UTI Long Term Advantage Fund - Series II - Growth

elssEquity - ELSSBenchmark: BSE 100
NAV · 02 Apr 2018₹30.53+0.06%
AUM₹119 Cr
Expense Ratio2.45%
CAGR—
Exit LoadNil
Min SIP—
Launched2008

Investment Objective

To Provide medium to long term capital appreciation along with income tax benefit. Investment made in the scheme will qualify for deduction from Gross Total Income upto Rs. 1,00,000/- (along with other prescribed investments) under section 80C of the Income Tax Act, 1961.

Fund Mandate

Equity80%–100%
MMI0%–20%
Others0%–20%
Asset Allocation
Other101.1%
Fund Managers
LN
Lalit Nambiar
Fund Manager
Key Information
2.45%
—
₹500
Nil
3 years
Inception31 Mar 2008
AMCUTI MF
Top Holdings
1MF UNITS UTI-MONEY MARKET FUND101.08%
Sector Allocation
Other101.1%
On This Page
NAV growthAsset allocationTop holdings
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Trailing Returns
PeriodReturns
1 Day+0.06%
Risk Metrics

Risk metrics are not available for this fund.

Fees
2.45%
Nil
3 years
—
₹500
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme