UTI Healthcare Fund Regular Plan Growth

About UTI Healthcare Fund

Being an open-ended fund, it invests in equity and equity related securities of companies which are operating in the healthcare services and allied sector. It aims at providing the investors with wealth creation opportunities in the long run. The fund manager picks stocks of companies which have strong growth potential in future. The scheme does not guarantee assured returns due to presence of market risks.

Pros & Cons of UTI Healthcare Fund

UTI Healthcare Fund offers the following benefits:

1. Opportunity to grow wealth by investing in the healthcare companies across market capitalisation
2. Investors who are willing to take tactical exposure to pharma and healthcare sector at reasonable prices.
3. The fund has considerably long performance record in the healthcare sector. It has beaten the benchmark in the 5 year and 10 year time horizon.

Fund Information and Statistics of UTI Healthcare Fund

i) Inception / Launch date

UTI Healthcare Fund was launched on 28 June 1999 by UTI Mutual Fund.

ii) Risk level

Being a thematic fund, UTI Healthcare Fund is a high risk bet and suitable for investors who have a medium to long-term investment horizon of more than 5 years.

iii) Redemption

Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr. V Srivatsa is the Executive Vice President & Fund Manager (Equity) at UTI Asset Management Company Ltd. Before joining the fund house, he was a practising Chartered Accountants for 2 years and an audit officer in Madras Cements Ltd. He has been managing UTI Healthcare Fund since March 2017.

v) Entry / Exit load

The fund house does not charge any entry load for investing in UTI Healthcare Fund. However, an entry load of 1% is charged for redemption of units within 365 days from the date of allotment.

Tax benefits of investing in UTI Healthcare Fund

The short-term capital gains made on sale of units within 1 year from the date of allotment will be taxed at the rate of 15%. The long term capital gains, over and above Rs 1 lakh, made on sale of units after 1 year from the date of allotment will be taxable at the rate of 10% (without indexation).

About UTI Mutual Fund

UTI Mutual Funds are managed by UTI Asset Management Company Ltd. (UTI AMC). The AMC was established on November 14, 2002 and started functioning in the investment domain from February 1, 2003. The fund attempts to provide an effective combination of the domain leadership in the capital markets coupled with state-of-the-art technological expertise. Efforts are made to offer investing solution which match the risk-return needs of the clients.