UTI Mastershare Unit Scheme 2023: Regular Growth

After launching so many schemes the government of India has launched another scheme called UTI Mastershare Unit Scheme 2023 that offers investors the opportunity to participate in the growth potential of large-cap companies in various sectors. The plan invests in companies that are leaders in their respective sectors, with dominant market shares, strong brand names, and sustainable business models. The program has a diversified portfolio that helps reduce the overall risk of the portfolio. The plan also maintains a liquidity buffer to manage redemptions and meet other liquidity requirements. Here in this article, we have mentioned all the necessary details which include benefits, features, eligibility and many more.

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UTI Mastershare Unit Scheme 2023

The UTI Master Share Unit Scheme is one of the oldest and most popular mutual fund schemes in India. It was established by the Unit Trust of India (UTI) in 1986 and has a track record of more than three decades of successful investments. The program is classified as an equity-oriented investment fund, it invests primarily in equities and equity-related instruments of companies of various market capitalizations. Basically, the purpose of this scheme is to generate long-term capital growth by investing in fundamentally sound companies with growth potential.

It has always been one of the best-performing mutual fund schemes in India and has attracted a large number of investors over the years. The UTI Master Share Unit Scheme has a diversified portfolio and a professional fund management team, making it an attractive investment option for those seeking long-term wealth accumulation.

UTI Mastershare Unit Scheme

Overview Details of UTI Mastershare Unit Scheme

Name of the SchemeUTI Mastershare Unit Scheme
Launched byGovernment of India
Beneficiariesthe beneficiaries under the scheme are the unitholders who invest in the scheme
Year1986
Official WebsiteClick Here

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Objective of UTI Mastershare Unit Scheme

The objective of the UTI Mastershare Unit Scheme is to achieve long-term capital growth by investing primarily in equity and equity-related securities of large and mid-sized companies. The plan seeks to achieve this goal by pursuing a diversified investment strategy that includes investments in high-quality, growth-oriented companies with strong fundamentals and long-term growth potential.

The fund managers aim to identify companies with sustainable business models, strong management teams, and strong financials to create a well-diversified portfolio capable of delivering consistent returns over the long term. The program is designed to offer investors the opportunity to participate in the potential growth of the Indian economy by investing in high-quality companies that can generate above-average returns over the long term.

Benefits of UTI Mastershare Unit Scheme

  • The program aims to provide long-term capital growth by investing in equity and equity-related securities of large and mid-sized companies.
  • Fund managers in the program follow a well-diversified investment strategy to minimize portfolio risk.
  • This helps investors mitigate the impact of market volatility on their investments.
  • The program is managed by experienced and professional fund managers who have a proven track record of managing large-cap funds.
  • The UTI Mastershare Unit Scheme is entitled to tax benefits under Section 80C of the Income Tax Act.
  • This allows investors to save on their tax liability while also investing in a high-quality fund.
  • The scheme has a low expense ratio, which means that investors can save on the costs of investing and earn higher returns.
  • The scheme is highly liquid, which means that investors can easily buy and sell their units at any time during market hours.
  • The scheme provides investors with complete transparency on their investments, including the portfolio hols, performance, and other relevant details.

Eligibility Criteria

  • Individuals, whether residents or non-residents, can invest in the plan.
  • Hindu Undivided Families (HUF) can invest in the plan.
  • Eligible entities such as corporations, banks, financial institutions, and incorporated partnerships can also invest in the plan.
  • minors can also invest in the plan through a parent or legal guardian.
  • The minimum investment amount for the program is Rs.5000/- and then in multiples of Re. 1/-.
  • Investors must be in possession of a valid PAN card.
  • Investors must comply with the program’s KYC rules.
  • The system also offers SIP (Systematic Investment Plan) and SWP (Systematic Withdrawal Plan) opportunities for investments and regular withdrawals.

Conclusion

The UTI Mastershare Unit Scheme is an ideal investment option for investors seeking long-term capital appreciation by investing in equity and equity-related securities of large and mid-sized companies. The Plan’s well-diversified investment strategy, which focuses on high-quality, growth-oriented companies with strong fundamentals and long-term growth potential, offers investors the opportunity to participate in the potential growth of the Indian economy.

With a track record of consistent performance of and a track record of long-term outperformance, the UTI Mastershare Unit Scheme offers investors an attractive investment option to build wealth and achieve their long-term financial goals. Overall, this scheme is a good investment option for investors who want to invest in the Indian stock market and want to build wealth over the long term.

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