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.
- 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.
------------------------------
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 Saver 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. 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
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
------------------------------
Leave your comment with mail ID and we will answer them
OR
You can write to us at
PrajnaCapital [at] Gmail [dot] Com
OR
Leave a missed Call on 94 8300 8300
------------------------------
0 comments:
Post a Comment