UTI Mutual Fund

UTI Mutual Fund is managed by UTI Asset Management Company Ltd, the seventh-largest asset management company in India. UTI Mutual Fund is backed by India's four largest financial institutions - State Bank of India (SBI), Life Insurance Corporation of India (LIC), Punjab National Bank (PNB) and Bank of Baroda (BOB). UTI Mutual Fund was established on 1st February 2003.

With a vision to be the most preferred mutual fund, UTI Mutual Fund has always had a strong track record in the industry with a strong brand recognition and distribution reach. UTI Mutual Fund manages assets worth over ₹1.52 lakh crore as on 31st July 2019. Known for its innovative schemes, UTI Mutual Fund offers a varied range of plans in different categories - Equity funds, debt funds, hybrid funds and solution-oriented schemes etc.

UTI Mutual Fund is one of the oldest and the largest mutual fund houses in India with over more than 11 million active client base, nationwide presence with 34 schemes to offer.

UTI Mutual Fund caters to the large and diversified customer base of distinct needs, risk profile, return expectation and investment tenure. The performance of UTI Mutual Funds depends on various factors such as fund category, AUM growth, past performance, fund manager's track record and various financial ratios. Currently, the investors have an option to choose amongst 57 UTI Mutual Fund schemes across different fund categories.

Here is a list of top-performing UTI Mutual Funds across various fund categories.

The UTI Equity Mutual Funds have an objective to appreciate the capital of the investors in the long-term by investing the same in either equity instruments or equity-related instruments. These equity investment products have a potential to generate high returns in the long term and thus help to boost the customer’s investment capital. The risk element of these UTI Equity Mutual Fund ranges from high to moderately high since equity investments are volatile in nature.

Currently in the UTI Asset Management Company, there are 14 open-ended Equity schemes by UTI Mutual Funds. All the various equity schemes of UTI Mutual Fund vary depending on their investment strategy - large-cap, mid-cap, small-cap, sectoral, thematic and multi-cap etc. The total AUM of Equity schemes is more than ₹41,000 Crores.

Here is a list of the top-performing UTI Mutual Funds in the equity category.

UTI Debt Mutual Funds have an objective to be able to provide steady income along with capital growth by investing the portfolio in debt securities and money market instruments. The most popular instruments being T-Bills, Commercial Deposits and Papers, various Corporate and Government Bonds etc. The portfolio of UTI Debt Mutual Funds is best suited for conservative investors who wish to opt for a low to moderate category of risk.

Currently, UTI Mutual Fund offers 14 open-ended schemes in this category.

Assets managed under debt category are worth approximately ₹76,000 Crore. The debt category mutual funds consist of some of the higher sized ones like UTI Liquid Funds (AUM ₹31,147 Crores, as on 31st July 2020), UTI Short-Term Income Fund (AUM ₹1, 867 crores, as on 31st July 2020), UTI Treasury Advantage Fund (AUM ₹2, 047 crores, as on 31st July 2020) and UTI Money Market Fund (AUM ₹5,687 Crores, as on 31st July 2020), etc.

Here is a list of the top-performing UTI Mutual Funds in the debt category.

There are various types of UTI Hybrid Mutuals Funds which vary in terms of their investment objective and portfolio allocation. There is a combination of equity, equity related as well as debt instruments in the portfolio and the proportion of each component depends on the type of scheme and its objective.

These UTI Hybrid Mutual Funds cater to the debt as well as equity allocation requirements for different investors with various risk-return profiles. As of now, there are 6 schemes offered by UTI Hybrid Mutual funds.

Here is a list of five top-performing UTI Mutual Funds in the hybrid category.

UTI Tax Saving Mutual Funds is an ELSS (Equity Linked Savings Scheme). fund and hence provides the benefit of tax-free investment up to ₹1.5 lakhs per annum to its investors under section 80C. Thus, these funds have a mandatory lock-in of 3 years. However, UTI Tax Saving Mutual Funds invest primarily in equity and hence give the benefit of capital appreciation to its investors. The minimum investment in UTI Mutual Funds ELSS scheme can start as low as ₹500 as well.

Like every other AMC, even UTI Mutual Fund offers only one open-ended scheme called the UTI Long Term Equity Fund where the investor can avail 80C tax benefit. The UTI Long Term Equity Fund has a strong AUM of Rs 1,272 crores as on 31st July 2020 which has a 3-year lock-in period.

• • Fund Details:

    The fund category is Liquid Fund with an AUM of ₹31,147.14 Crores as on 31st July 2020. The scheme was launched on 10-Dec-2003.This UTI Mutual Fund NAV for the Direct Plan, Growth was ₹3,306.69 as on 25-Aug-2020 and the same for Regular Plan, Growth was ₹3,291.18. The fund has given 7.24% average annualised return (CAGR) since inception. The benchmark for this scheme is CRISIL Liquid Index and the fund manager is Mr. Amit Sharma and Mr. Amandeep Chopra.

    Historical performance of UTI Liquid Cash Fund - Direct Plan - Growth for the last 5 years, as on 25th Aug 2020

    The expense ratio of the UTI Liquid Cash Fund - Direct Plan is 0.16% for direct plan and 0.23% for regular plan. There would be an exit load of 0.0070% for redemption within 1 day, 0.0065% for redemption within 2 days, and 0.0060% for redemption within 3 days, 0.0055% for redemption within 4 days, 0.0050% for redemption within 5 days and 0.0045% within 6 days.

    UTI Liquid Cash Fund - Direct Plan predominantly invests in treasury bills. Here is the detailed table on holding for this scheme.

    The portfolio holdings as on 31st July 2020 is:

    Company	Instrument	% of Total AUM
    Reserve Bank of India 84-D 20/08/2020	Treasury Bills	16.86
    Reserve Bank of India 91-D 17/09/2020	Treasury Bills	11.3
    Reserve Bank of India 91-D 22/10/2020	Treasury Bills	4.59
    Reserve Bank of India 182-D 08/10/2020	Treasury Bills	3.47
    Reserve Bank of India 91-D 27/08/2020	Treasury Bills	3.22
    Reserve Bank of India 91-D 10/09/2020	Treasury Bills	2.64
    Reserve Bank of India 91-D 03/09/2020	Treasury Bills	2.56
    Reliance Jio Infocomm 90-D 10/09/2020	Commercial Paper	2.44
    Hindustan Zinc 89-D 10/08/2020	Commercial Paper	2.09
    HDFC 88-D 25/09/2020	Commercial Paper	1.74
    Reserve Bank of India 91-D 24/09/2020	Treasury Bills	1.74
    IDFC First Bank 20/08/2020	Certificate of Deposit	1.74
    National Bank Agr. Rur. Devp 91-D 08/10/2020	Commercial Paper	1.74
    Tata Capital Financial Services 82-D 29/09/2020	Commercial Paper	1.74
    Reserve Bank of India 91-D 08/10/2020	Treasury Bills	1.74
    Reserve Bank of India 91-D 15/10/2020	Treasury Bills	1.73
    Tata Capital Financial Services 91-D 28/08/2020	Commercial Paper	1.39
    Reserve Bank of India 182-D 27/08/2020	Treasury Bills	1.39
    MRPL 90-D 08/09/2020	Commercial Paper	1.39
    Reserve Bank of India 91-D 01/10/2020	Treasury Bills	1.39
    NTPC 91-D 09/09/2020	Commercial Paper	1.22
    Indian Oil Corp. 49-D 24/08/2020	Commercial Paper	1.22
    Reserve Bank of India 182-D 17/09/2020	Treasury Bills	1.11
    Reserve Bank of India 364-D 29/10/2020	Treasury Bills	1.04
    Bharat Oman Refineries 90-D 29/10/2020	Commercial Paper	1.04

    The minimum lump sum investment in UTI Liquid Cash Fund-Direct Plan is ₹500.

• UTI Nifty Exchange Traded Fund

  • Investment Objective:

    The fund objective of the UTI Nifty Exchange Traded Fund is to generate long-term capital appreciation by investing in stocks comprising Nifty 50 Index. The fund predominantly invests in stocks of companies that mirror the performance of the Nifty 50 Index. The fund follows a passive investing strategy.

  • Fund Details:

    The fund category is Equity ETF Fund with an AUM of ₹17,571.94 Crores as on 31st July 2020. The scheme was launched on 01-Sepr-2015.This UTI Mutual Fund NAV for the regular plan, Growth was ₹1,220.52 as on 25-Aug-2020. The fund has given 9.40% average annualised return (CAGR) since inception. The benchmark for this scheme is Nifty 50 TRI Index and the fund manager is Mr. Sharwan Kumar Goyal.

    Historical performance of UTI Nifty Exchange Traded Fund – Regular Plan – Growth for the last 3 years, as on 25th Aug 2020

    The expense ratio of the UTI Nifty Exchange Traded Fund is 0.07% for regular plans. There would be no exit load for the investments made into this scheme.

    UTI Nifty Exchange Traded Fund has a strong exposure to the energy, financial and technology sectors. Here is the detailed table on holding for this scheme.

    The portfolio holdings as on 31st July 2020 is:

    Company	Sector	% of Total AUM
    Reliance Industries	Energy	13.97
    HDFC Bank	Financial	9.54
    Infosys	Technology	7.54
    HDFC	Financial	6.57
    Tata Consultancy Services	Technology	5.11
    ICICI Bank	Financial	4.79
    Kotak Mahindra Bank	Financial	4.26
    Hindustan Unilever	FMCG	4.21
    ITC	FMCG	3.61
    Bharti Airtel	Communication	2.84
    Larsen & Toubro	Construction	2.38
    Axis Bank	Financial	2.08
    Bajaj Finance	Financial	1.83
    Maruti Suzuki India	Automobile	1.77
    Asian Paints	Chemicals	1.65
    HCL Technologies	Technology	1.63
    State Bank of India	Financial	1.57
    Nestle India	FMCG	1.26
    Mahindra & Mahindra	Automobile	1.24
    Sun Pharmaceutical Inds.	Healthcare	1.22
    Dr. Reddy's Lab	Healthcare	1.17
    Ultratech Cement	Construction	1.01
    Power Grid Corporation	Energy	0.97
    HDFC Life Insurance	Financial	0.97
    Britannia Inds.	FMCG	0.96

    The minimum lump sum investment in UTI Nifty Exchange Traded Fund is ₹5,000 and for SIP it is ₹500.

• UTI Equity Fund - Direct Plan

  • Investment Objective:

    The fund objective of the UTI Equity Fund- Direct Plan is to create long-term wealth by predominantly investing in equity instruments across various market capitalisation spectrum.

  • Fund Details:

    The fund category is Equity Multicap Fund with an AUM of ₹10,257.21 Crores as on 31st July 2020. The scheme was launched on 18-May-1992.This UTI Mutual Fund NAV for the Direct Plan, Growth was ₹161.58 as on 25-Aug-2020 and the same for Regular Plan, Growth was ₹156.32. The fund has given 13.02% average annualised return (CAGR) since inception. The benchmark for this scheme is the Nifty 500 TRI Index and the fund manager is Mr. Ajay Tyagi.

    Historical performance of UTI Equity Fund - Direct Plan - Growth for the last 5 years, as on 25th Aug 2020

    The expense ratio of the UTI Equity Fund-Direct Plan-Growth is 1.30% and 1.99% for regular plans. There would be an exit load of 1% if you redeem more than 10% of the units purchased within 365 days from the date of investment.

    UTI Equity Fund has a strong exposure to the financial and technology sectors. Here is the detailed table on holding for this scheme.

    The portfolio holdings as on 31st July 2020 is:

    Company	Sector	% of Total AUM
    Bajaj Finance	Financial	6.22
    HDFC Bank	Financial	5.89
    L&T Infotech	Technology	4.71
    Infosys	Technology	4.41
    Kotak Mahindra Bank	Financial	4.41
    HDFC	Financial	4.2
    Tata Consultancy Services	Technology	3.71
    Info Edge (India)	Services	3.2
    Astral Poly Technik	Chemicals	2.56
    Shree Cement	Construction	2.52
    AU Small Finance Bank	Financial	2.38
    Avenue Supermarts	Services	2.24
    Dr. Lal Pathlabs	Healthcare	2.15
    Maruti Suzuki India	Automobile	2.06
    Ipca Laboratories	Healthcare	1.86
    PI Industries	Chemicals	1.84
    Endurance Technologies	Automobile	1.81
    Bharti Airtel	Communication	1.79
    Torrent Pharmaceuticals	Healthcare	1.79
    Divi's Laboratories	Healthcare	1.76
    Eicher Motors	Automobile	1.73
    MindTree	Technology	1.67
    Ajanta Pharma	Healthcare	1.61
    Jubilant FoodWorks	Services	1.6
    Sun Pharmaceutical Inds.	Healthcare	1.57

    The minimum lump sum investment in UTI Equity Fund-Direct Plan is ₹5,000 and for SIP it is ₹500.

• UTI Mastershare Fund - Direct Plan

  • Investment Objective:

    The fund objective of the UTI Mastershare Fund is to provide long-term capital appreciation. The fund predominantly invests in equity and equity related securities of large cap companies. This is India’s first equity oriented fund that was launched in 1986. The fund maintains a well-diversified portfolio to achieve growth.

  • Fund Details:

    The fund category is Equity Large Cap Fund with an AUM of ₹6,142 Crores as on 31st July 2020. The scheme was launched on 15-Oct-1986.This UTI Mutual Fund NAV for the Direct Plan, Growth was ₹132.03 as on 25-Aug-2020 and the same for Regular Plan, Growth was ₹125.81. The fund has given 12.02% average annualised return (CAGR) since inception. The benchmark for this scheme is S&P BSE 100 TRI Index and the fund manager is Ms. Swati Kulkarni..

    Historical performance of UTI Mastershare Fund – Direct Plan – Growth for the last 5 years, as on 25th Aug 2020

    The expense ratio of the UTI Mastershare Fund is 1.98% for regular plan and 1.09% for direct plan. There would be an exit load of 1% if you redeem more than 10% of the units purchased within one year from the date of investment.

    UTI Mastershare Fund has a strong exposure to the technology, financial and communication sector. Here is the detailed table on holding for this scheme.

    The portfolio holdings as on 31st July 2020 is:

    Company	Sectors	% of Total AUM
    Infosys	Technology	9.11
    HDFC Bank	Financial	6.8
    ICICI Bank	Financial	6.04
    HDFC	Financial	5.09
    Bharti Airtel	Communication	4.77
    Tata Consultancy Services	Technology	4.6
    Reliance Industries	Energy	2.8
    Hindustan Unilever	FMCG	2.68
    Shree Cement	Construction	2.66
    Sun Pharmaceutical Inds.	Healthcare	2.58
    Axis Bank	Financial	2.29
    Kotak Mahindra Bank	Financial	2.24
    Sanofi India	Healthcare	2.04
    Reliance Industries Ltd - Partly Paid Equity	Energy	2.04
    Dr. Reddy's Lab	Healthcare	2.02
    Maruti Suzuki India	Automobile	2
    Asian Paints	Chemicals	1.95
    Larsen & Toubro	Construction	1.87
    Tech Mahindra	Technology	1.81
    Divi's Laboratories	Healthcare	1.77
    State Bank of India	Financial	1.66
    Jubilant FoodWorks	Services	1.66
    Hero Motocorp	Automobile	1.66
    ITC	FMCG	1.57
    Cipla	Healthcare	1.57

    The minimum lump sum investment in UTI Mastershare Fund is ₹100 and for SIP also it is ₹100.

• UTI Hybrid Equity Fund - Direct Plan

  • Investment Objective:

    The Investment Objective of the UTI Hybrid Equity Fund - Direct Plan is to generate inflation-beating return over the long-term by predominantly investing in an ideal mix of equity and debt instruments.

  • Fund Details:

    The fund category is Aggressive Hybrid Fund with an AUM of ₹3,708.95 Crores as on 31st July 2020. The scheme was launched on 02-Jan-1995.This UTI Mutual Fund NAV for the Direct Plan, Growth was ₹172.68 as on 25-Aug-2020 and the same for Regular Plan, Growth was ₹165.76. The fund has given 9.13% average annualised return (CAGR) since inception. The benchmark for this scheme is CRISIL Hybrid 25+75 Aggressive Index and the fund manager is Mr. Sunil Madhukar Patil.

    Historical performance of UTI Hybrid Equity Fund – Direct Plan – Growth for the last 5 years, as on 25th Aug 2020

    The expense ratio of the UTI Hybrid Equity Fund –Direct Plan is 1.32% and 1.98% for regular plan. There would be an exit load of 1% if you redeem more than 10% units within one year from the date of investment.

    UTI Hybrid Equity Fund-Direct Plan equity investments are focused into the technology and financial sector. Debt part of the portfolio mainly invests in GOI securities. Here is the detailed table on holding for this scheme.

    The portfolio holdings as on 31st July 2020 is:

    Equity

    Company	Sector	% of Total AUM
    Infosys	Technology	5.91
    ICICI Bank	Financial	4.46
    HDFC Bank	Financial	4.42
    Reliance Industries	Energy	3.97
    ITC	FMCG	3.27
    Bharti Airtel	Communication	3.1
    HDFC	Financial	2.81
    Larsen & Toubro	Construction	2.6
    State Bank of India	Financial	2.35
    Axis Bank	Financial	2.32
    Ambuja Cements	Construction	2.01
    NTPC	Energy	1.88
    Hero Motocorp	Automobile	1.7
    Sun Pharmaceutical Inds.	Healthcare	1.57
    Hindustan Zinc	Metals	1.44
    Cipla	Healthcare	1.34
    Maruti Suzuki India	Automobile	1.23
    BPCL	Energy	1.11
    Motilal Oswal Financial	Financial	1.09
    Tata Steel	Metals	1.06
    Mphasis	Technology	1.06
    Muthoot Finance	Financial	1.03
    Eris Lifesciences	Healthcare	1.01
    Tata Power	Energy	0.97
    Gujarat State Petronet	Energy	0.95

    Debt

    Company	Instrument	% of Total AUM
    6.45% GOI 2029	GOI Securities	2.77
    7.26% GOI 14/01/2029	GOI Securities	2.32
    7.95% GOI 2032	GOI Securities	1.53
    7.73% GOI 19/12/2034	GOI Securities	1.52
    7.41% Power Finance Corp. 25/02/2030	Debenture	1.38
    Reliance Retail Ltd. 28/06/2021	Securitised Debt	1.26
    6.75% Power Finance Corp. 22/05/2023	Debenture	1.11
    8.01% West Bengal State 28/01/2025	State Development Loan	1.03
    6.46% GOI 29/07/2030	GOI Securities	0.87
    8.30% Jorabat Shillong Expressway 27/02/2026	Non Convertible Debenture	0.82
    HDFC Bank 28/12/2028	Debenture	0.76
    6.92% REC 22/04/2023	Non Convertible Debenture	0.7
    6.98% Power Finance Corp. 20/04/2023	Non Convertible Debenture	0.7
    9.05% Cholamandalam Invest. & Fin. 24/03/2028	Non Convertible Debenture	0.68
    5.90% Grasim Industries 16/06/2023	Zero Coupon Bonds	0.68
    KKR India Financial Services 23/04/2021	Debenture	0.67
    8.35% Indiabulls Housing Finance 2027	Non Convertible Debenture	0.64
    First Business Receivable Trust	Securitised Debt	0.58
    8.75% Amba River Coke 2022	Non Convertible Debenture	0.54
    8.50% Bank of Baroda	Bonds	0.43
    7.44% Bank of Baroda 2030	Debenture	0.42
    9.50% Nayara Energy 29/07/2021	Bonds/NCDs	0.39
    9.85% ECL Finance 2028	Non Convertible Debenture	0.37
    9.30% LIC Housing Fin. 14/09/2022	Debenture	0.29
    8.52% Haryana State 17/02/2021	State Development Loan	0.27

    The minimum lump sum investment in UTI Hybrid Equity Fund is ₹1,000 and for SIP it is ₹500.

To know more about our UTI Mutual Fund schemes, investor can contact at:

To invest in UTI Mutual Fund online an investor can visit ET Money website that provides a full-scale solution with "Zero Commission". You can long in and explore the various funds that are available on the platform. You can easily check the past performance of the funds, risk and return to understand the funds better.

UTI Mutual Fund online investment can easily be done through ET Money. You can use filter options to select the funds in each category of funds. You can even filter based on 'Value Research Rating', 'performance consistency' and 'AUM'. You can choose to invest in UTI SIP or Lumpsum online.

The UTI Mutual Fund has a team of highly experienced and well qualified professionals to manage each of its schemes to provide the best investment solutions to investors. They are the financial market specialists who implement the fund's investment strategy by conducting extensive research using their expertise. Some of the key people involved in managing UTI Mutual Fund Schemes are -

• Mr Amandeep Chopra:

  Group President & Head of Fixed Income of UTI AMC Ltd.

  With over 25 years of experience, Mr. Chopra is a member of the Executive Investment Committee (EIC) along with being a part of the Management and Valuation Committee of UTI Mutual Fund.

  Along with that. Mr. Chopra is also an esteemed member of the Valuation Committee (AMFI) along with being a member of the Corporate Bonds and Securitization Advisory Committee of SEBI, who advises SEBI on multiple strategies and concerns related to management and developing the corporate bonds market. Mr. Chopra holds an MBA degree from Faculty of Management Studies, University of Delhi.

• Mr Amit Premchandani:

  Senior Vice President and Fund Manager - Equity

  Mr Amit Premchandani has over 13 years of experience in research and fund management. Prior to joining UTI Mutual Fund, Mr. Premchandani has worked in Peerless Finance, JP Morgan, India and as an Associate analyst in Deutsche Securities. Mr. Premchandani has completed CA from ICAI, CFA Charter from CFA Institute, USA and also holds PGDM from IIM Indore.

• Mr Ajay Tyagi:

  Executive Vice President & Fund Manager- Equity

  Mr Tyagi has over 20 years of experience working with UTI Mutual Fund. He started with equity research and then moved on to managing some domestic mutual fund schemes. He is also currently working in the Offshore Funds Division. Mr. Tyagi is a CFA Charter holder from the CFA Institute, USA. He also holds a Masters Degree in Finance from Delhi University.

• Mr Sanjay Ramdas Dongre:

  Executive Vice President and Senior Fund Manager - Equity

  Mr Dongre has over 25 years of experience working with UTI Mutual Fund. He worked as an equity dealer, equity research analyst before moving on to fund management. Prior to joining UTI Mutual Fund, he has worked with Reliance Petrochemicals Ltd. Mr. Dongre is a B.E graduate and also holds PGDM from IIM Calcutta.

• Mr Sudhir Agrawal:

  Executive Vice President & Fund Manager – Fixed Income

  Mr Agrawal has been managing various debt schemes of UTI Mutual Fund from 2009. Prior to joining UTI Mutual Fund, Mr. Agrawal worked with CARE (Credit Analysis and Research Limited), Transparent Value LLC and Tata Asset Management Company Ltd in different roles. Mr. Agrawal is a CFA Charter holder from the CFA Institute, USA. He also holds a Masters Degree in Commerce and Post Graduate Diploma in Management.