Debt
Direct
Government Bond
NAV as on 29-11-2024
₹ 62.14
▲0.3%
1D
Inception Returns
8.4%
/yr
UTI Gilt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sudhir Agarwal. This fund is suitable to keep your money safe.
UTI Gilt Fund Direct Growth has given a CAGR return of 8.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.77%, 6.17% and 6.35% respectively.
UTI Gilt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, 7.34% Govt Stock 2064, 7.23% Govt Stock 2039, Government Of India 6.92%, 7.09% Govt Stock 2054
As it is a government bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
The investment objective of the scheme is to generate credit risk-free return through investment in sovereign securities issued by the Central Government and / or State Government and / or any security unconditionally guaranteed by the Central Government and / or State Government for repayment of principal and interest. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. UTI Gilt Fund Direct Growth has no lock in period.
Expense ratio | 0.65% |
Benchmark | ICICI Securities Mibex TR INR |
AUM | ₹642 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 661.9% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (29-Nov-24)
as on (31-Dec-69)
Top Sector in October was Government
UTI Gilt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.53% | 0.53% |
6 Month Returns | 4.33% | 4.33% |
1 Year Returns | 9.77% | 9.77% |
3 Years Returns | 19.68% | 6.17% |
5 Years Returns | 36.07% | 6.35% |
AAA | 100 |