UTI Long Term Equity Fund * Return since Launch: 14.17% Invest Now

UTI Long Term Equity Fund Overview

UTI Long Term Equity Fund is an open-ended equity linked savings scheme. This fund is managed by Mr. Vetri Subramaniam and Mr. Lalit Nambiar. UTI Long Term Equity Fund was launched on 15th December 1999. The risk is moderately high for this fund. The benchmark of UTI Long Term Equity Fund is S&P BSE 200 TRI. The AUM of this fund is Rs.1185cr. (as on 30th April 2019). The exit load is zero for UTI Long Term Equity Fund. UTI Long Term Equity Fund has 94.41% investment in Indian stocks of which 56.83% is in large cap stocks, 27.37% is in mid cap stocks, 8.43% is in small cap stocks.

Eligibility criteria of UTI Long Term Equity Fund

  • Adult citizens residing in India.
  • Minor through legal guardians/parents.
  • Limited liability partnership.
  • Religious and charitable trusts.
  • Banking and financial institutions
  • Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
  • The Karta of Hindu Undivided Family (HUF)
  • Persons of Indian origin residing abroad (PIOs) or Non-Resident Indians can apply for subscription either on repatriation basis or on non-repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
  • Foreign Institutional Investors (FIIs) who have registration under the Securities and Exchange Board of India on repatriation basis (permitted under Schedule 5 of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000)
  • Mutual Funds or Alternative Investment Funds which have registrations under the Securities and Exchange Board of India
  • Other schemes of Mutual Funds subject to the conditions and limits prescribed by SEBI Regulations.

Documents require for UTI Long Term Equity Fund

KYC Documents:

  • PAN Card
  • AADHAR Card
  • Voter's ID
  • Passport size Photograph
  • Download the KYC form
  • The investors will be issued an acknowledgement receipt which he/she needs to submit while applying for subscribing for a mutual fund scheme.

Advantages of UTI Long Term Equity Fund

  • Small investment option.
  • Well organized investment.
  • Quick purchase and sell option.
  • You can track your investment.
  • You can invest in either SIP or lump sum way.
  • UTI Long Term Equity Fund is managed by experienced professionals.
  • UTI Long Term Equity Fund gives tax benefit under section 80C the maximum amount is Rs. 1.5lakh.
  • All Mutual Fund Companies are regulated by SEBI so no one will fly away with your hard earned money.
*Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not an indicator of future returns.