About UTI Long Term Equity Fund Direct - Dividend Payout
UTI Long Term Equity Fund Direct - Dividend Payout is a Tax Saver
mutual fund scheme from UTI Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Vishal Chopda
and Vetri Subramaniam
. It has an AUM of ₹1,295.10 Crores and the latest NAV decalared is ₹17.675 as on 01 Apr 2020 at 9:10 pm.
UTI Long Term Equity Fund Direct - Dividend Payout scheme return performance in last 1 year is -21.50%, in last 3 years is -7.73% and 65.06% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.