As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
The scheme primarily aims at securing for the investors capital appreciation by investing the funds of the scheme in equity shares of companies with good growth prospects.
"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
UTI Master Equity Plan Unit Scheme is mandated to invest at least 80 per cent of its assets in equity stocks. It offers tax exemption under Section 80C of the Indian income tax laws. As per this section, investments of up to Rs 1.5 lakh in a financial year in eligible securities are exempt from tax.
Mutual funds can be bought directly from the website of the fund house. For instance, UTI Master Equity Plan Unit Scheme fund can be purchased from the website of UTI Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of UTI Master Equity Plan Unit Scheme is ₹199.5059 as of 03-Mar-2024.
The AUM of UTI Master Equity Plan Unit Scheme Fund is ₹2,709 Cr as of 31-Jan-2024
The riskometer level of UTI Master Equity Plan Unit Scheme is Very High. See More
As of 31-Jan-2024, UTI Master Equity Plan Unit Scheme had invested 96.72% in Equity, 2.78% in Cash & Cash Eq. and 0.49% in Debt See More
UTI Master Equity Plan Unit Scheme is 20 years 11 months old. It has delivered 17.53% returns since inception. See More
Yes, There is lock in period in UTI Master Equity Plan Unit Scheme.
The expense ratio of UTI Master Equity Plan Unit Scheme is 1.46.