UTI Long Term Equity Fund - Regular Plan - Growth - Latest NAV, Returns, Performance & Portfolio

UTI Long Term Equity

  • highlight10.66%
  • highlight0.75(0.91%)

Start your investment

Min amount: 500

Calculate Returns

Rs. 500 invested one time becomes Rs. 1,905 in a period of 20 years
  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Tax Saving FDPPFELSS
Average Annualised Returns i
6%8%12%
Tax rates i
30%30%30%
Returns after tax i
4.2%5.6%8.4%
Current rate of Inflation i
4%4%4%
Real Rate of Return i
0.2%1.6%4.4%
Lock-in Period i
5 years15 years3 years

Fund Summarystar

PeriodReturns(per year)
10 Years13.05%
5 Years10.66%
3 Years9.73%
1 Year-3.05%
6 Months2.48%
Fund Details
ISININF789F01547
RiskModerately High risk
Fund TypeELSS (Tax Savings)
NAV83.6742
Exit Load--

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd6.89%
ICICI Bank Ltd6.35%
Axis Bank Ltd5.85%
Infosys Ltd5.81%
ITC Ltd4.91%
Muthoot Finance Ltd2.66%
Aditya Birla Fashion and Retail Ltd2.49%
Mphasis Ltd2.44%
GAIL (India) Ltd2.43%
Maruti Suzuki India Ltd2.27%

About UTI Long Term Equity fund

UTI Long Term Equity is an open ended equity linked scheme (ELSS) mutual fund from the house of UTI AMC. It attempts at investing in businesses having healthy return ratios, cash flows and sound management, with an aim to provide superior risk adjusted return added advantage of tax savings under section 80C. The fund’s investment objective is to save tax while growing your hard earned money through Equity Investments. The scheme also offers tax benefits under Section 80C of the Income Tax Act.

Pros & Cons of UTI Long Term Equity fund

UTI Long Term Equity fund offers 3 benefits:

  1. Save upto ?46,800 in taxes under section 80C of Income Tax Act, 1961 (by investing in ELSS funds)
  2. Shortest lock-in period allows the fund manager to take better decision and look through the interim volatility.
  3. Being a star-rated fund, it has been unable to earn returns more than its category and the benchmark across different time horizon.

Fund Information and Statistics of UTI Long Term Equity fund

i) Inception / Launch date

UTI Long Term Equity fund was launched on 15 December 1999 by UTI Mutual Fund.

ii) Risk level

Being a multi-cap fund, UTI Long Term Equity fund is a moderately high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years.

iii) Redemption

Redemption of Units can be made only after the expiry of the lock-in period of three years from the date of allotment of units which the holder has proposed to redeem. It 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. Lalit Nambiar and Mr. Vetri Subramaniam have been jointly managing the UTI Long Term Equity fund since June 2014 and September 2017.

v) Entry / Exit load

The fund house does not charge any entry load and exit load for investing in UTI Long Term Equity fund .

Tax benefits of investing in UTI Long Term Equity fund

UTI Long Term Equity fund has a lock-in period of three years which is the lowest amongst all other tax saving alternatives available in India. It helps you to claim a tax deduction of up to Rs. 1.5 lakhs under Section 80C from your Gross Total Income and enables saving taxes up to Rs. 46,800.

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.

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Start your investment

Min amount: 500

Calculate Returns

Rs. 500 invested one time becomes Rs. 1,905 in a period of 20 years
Need help?
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns