Investments
With Utkarsh Small Finance Bank’s array of investment options, give your family the financial planning and security.
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Ensure that your future needs and long-term aspirations are fulfilled. Start today by investing your surplus in a plan that best suits your goals.
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Mutual Funds: It's an investment programme funded by shareholders and is professionally managed and traded in diversified holdings, thus minimising the market risk.
Equity Schemes: These primarily invest in shares. Based on the objective, investments could be in growth stocks, where earnings growth is expected to be high or value stocks. Here the view of the fund manager is that current valuations in the markets do not reflect the intrinsic value.
Debt or Income Scheme : This scheme generally invests funds in fixed-income securities, mainly in government securities and corporate bonds, with various maturities. The investor earns returns from interest income on its investments and profits on trading securities. These funds are comparatively less risky.
Balanced Schemes: Balanced schemes invest in a mix of equity and debt. The debt investments ensure a basic interest income, which the fund manager hopes to top with a capital gain from the investment in equities. However loses can eat into basic interest income and capital.
Monthly Income Plans: MIPs aim to provide consistency in returns by investing a major part of the portfolio in debt market instruments with a small investment in equities. Thus, these funds are more suited for investors who along with protection of capital seek some capital appreciation. However, the monthly income is not assured.
Equity Linked Saving Scheme : ELSS is an open-ended equity growth scheme that is offered by Mutual Funds in line with existing ELSS guidelines. The investments are subject to a lock-in period of 3 years and, as per the Finance Act 2005, are allowed the benefit of income deduction up to 1,50,000. This scheme offers the benefits of tax saving and capital gains. Instead of spreading your investments across different instruments such as PPF, ELSS, NSC and infrastructure bonds, you can now invest the entire limit of 1,50,000 available under Sec 80(C) in ELSS.
Systematic Investment Plan: An SIP is a convenient way to accumulate wealth in a disciplined manner for a long-term. It helps you to invest regularly in small Installments and thereby build wealth over a period of time. This plan is best for young people looking for investment plans.
DISCLAIMER Mutual fund investments are subject to market risks, please read all scheme related documents carefully. Utkarsh Small Finance Bank Limited shall not be liable or responsible for any loss or shortfall resulting from the operations of the Mutual Fund scheme. Terms and conditions of Utkarsh Small Finance Bank and third parties apply.
Commision Disclosure:
In accordance with the extant regulations (SEBI circular: SEBI/IMD/CIR No. 4/ 168230/09 and (RBI circular : RBI/2009-10/225 dated November 16, 2009) following are the details of the comparative commission earned by the Bank from various fund-houses, whose products are being distributed
| Brokerage from Mutual Fund | ||
|---|---|---|
| Category | Minimum Brokerage | Maximum Brokerage |
| Equity Funds | 0.60% | 4.20% |
| Hybrid Funds | 0.40% | 4.30% |
| Debt Funds | 0.02% | 3.00% |
| Other Funds | 0.05% | 3.00% |
Note: The brokerage is varies depending upon the fund and fund-houses, whose products are being distributed.
The above mentioned rates are subject to change without any prior consent and at a discretion and agreement between Utkarsh Small Finance Bank and the respective AMCs.
