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UTI Long Term Advantage Fund - Series NFO

Launch of UTI Long Term Advantage Fund - Series IV (A 10 year Close-ended Equity Linked Savings Scheme) New Fund Offer (NFO)



NFO Opens On: Monday, October 10, 2016
NFO Closes On: Wednesday, January 18, 2017
Date of Allotment of Units: Wednesday, January 25, 2017
Opens for Redemption on: Monday, January 27, 2020 (25th & 26th being non-business days)
Date of Maturity: Monday, January 25, 2027
The Key Features of the Scheme:
Scheme Name UTI Long Term Advantage Fund - Series IV
Type of  the scheme A 10 year Close-ended Equity Linked Savings Scheme
Tenure 10 years 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.
Face Value Rs. 10/- per unit
Options Available Regular & Direct
Plans Available Growth & Dividend Option with Payout Option only


Why should one invest in UTI Long Term Advantage Fund - Series IV?
- 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.

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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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Best 10 ELSS Mutual Funds in India for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Religare Tax Plan

4. DSP BlackRock Tax Saver Fund

5. Franklin India TaxShield

6. ICICI Prudential Long Term Equity Fund

7. IDFC Tax Advantage (ELSS) Fund

8. Birla Sun Life Tax Relief 96

9. Reliance Tax Saver (ELSS) Fund

10. Birla Sun Life Tax Plan

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Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

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