UTI Long Term Advantage Fund Series Invest Online
Why should one invest in UTI Long Term Advantage Fund - Series III?
- An ideal plan Long Term Wealth Creation
- Tax rebate upto Rs. 1,50,000/- under section 80C of IT Act, 1961
- No tax on long-term gains, as per the present tax laws
- Option of withdrawal after 3 years from the date of allotment, gives the benefit of liquidity.
- An ideal plan Long Term Wealth Creation
- Tax rebate upto Rs. 1,50,000/- under section 80C of IT Act, 1961
- No tax on long-term gains, as per the present tax laws
- Option of withdrawal after 3 years from the date of allotment, gives the benefit of liquidity.
| The Key Dates of the New Fund Offer: | |
| NFO Opens On: | Friday, December 18, 2015 |
| NFO Closes On: | Tuesday, March 22, 2016 |
| Date of Allotment of Units: | Wednesday, March 30, 2016 |
| Date of Maturity: | Monday, March 30, 2026 |
| The Key Features of the Scheme: | |
| Scheme Name | UTI Long Term Advantage Fund - Series III |
| Type of the scheme | A 10 year Close-ended Equity Linked Savings Scheme |
| Tenure | 10 year with a lock in period of 3 years. |
| Investment Objective | The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit. However, there can be no assurance that the investment objective of the Scheme will be realized. |
| Fund Manager | Shri Lalit Nambiar |
| Benchmark | S&P BSE 100 |
| Min. Application Amount | Rs 500/- and in multiples of Rs 500/- thereafter with no upper limit |
| Load Structure | Entry Load: NA Exit Load: Nil As per ELSS guidelines redemption of units will be allowed after an initial Lock-in-Period of 3 years from the date of allotment. For Redemptions made on the Maturity Date / Final Redemption Date, the AMC will not charge any Exit Load. |
| Face Value | Rs. 10/- per unit |
| Plans Available | Regular & Direct |
| Options Available | Growth & Dividend Option with Payout and Switch facility [Dividend Transfer Plan (DTP)] |
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Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds
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For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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