Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Annualised returns
Absolute returns
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6M
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Fund returns
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Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company's fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Exit load, stamp duty and tax
Exit load
Exit load of 1% if redeemed less than 1 year
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
About UTI Energy Fund Direct Growth
UTI Energy Fund Direct Growth is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 14 Nov 2002. The fund currently has an Asset Under Management(AUM) of ?3,94,739 Cr and the Latest NAV as of 03 Mar 2016 is ?10.58.
The UTI Energy Fund Direct Growth is rated -- risk. Exit load of 1% if redeemed less than 1 year
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Investment Objective
An open-ended fund which will invest in the following areas: Petro sector covering industries such as oil and gas drilling and exploration, refining of crude oil, distribution of oil, gas, petro products, pipelines and manufacturing of downstream oil products, all types of power generation companies, companies which are into the production of Ethanol business related to storage of energy, delivering energy into different forms, industrial manufacturing companies which are into manufacturing of equipment related to energy development and related areas.;