UTI Equity Savings Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 17.5212 0.0001(0.001 %) NAV as on 08 May 2024
Scheme Objective: 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.
Performance (As on 08 May 2024)
| 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|
| Scheme | 9.32 % | 17.51 % | 12.12 % | 11.47 % | 10.35 % |
Portfolio
Equity savings funds invest in stocks, but hedge a significant part of this exposure through derivatives. They additionally maintain a portion in debt instruments. Open equity exposure is usually low in these funds, and the allocations to equity, debt and derivatives are based on market movement and valuations. These funds offer lower-risk participation to equity and are less volatile than balanced advantage and aggressive hybrid funds.
These funds suit all investors, but especially conservative investors who wish for low-volatile equity exposure. These funds need to be held for a minimum of 1.5 years.
Short-term: Holding period is less than 12 months.
Taxation: Capital gains are taxed at 15%
Long-term: Holding period is 12 months or more.
Taxation: Capital gains up to Rs 100,000 each financial year is tax-exempt. Remaining capital gains is taxed at 10%. For investments made on or before January 31st, 2018: Capital gain up to this date is tax-free.