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UTI Long Term Advantage Fund Series

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.
 
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

Top 10 Tax Saving Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

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