UTI Mutual Fund NAV And Scheme Details
In 2002, an act was passed in the Parliament leading to the division of Unit Trust of India into Specified Undertaking of Unit Trust of India and UTI Mutual Fund. In February 2003, UTIMF was registered under SEBI. It is sponsored by SBI, LIC, PNB and Bank of Baroda. The fund house is managed by UTI AMC and is one of the leading mutual fund investment companies. The company has the mission to become the most trusted and admired brand, provide best in class service and create innovative products. It offers products in equity, debt, hybrid, overnight and liquid, solution oriented, etc. categories.
Top 5 UTI Mutual Fund Schemes
Let’s have a closer look at the top 5 UTI mutual fund NAVs and various other scheme details
- UTI Flexi Cap Fund – It is a multi cap fund, previously known as UTI Equity Fund. The scheme invests in quality companies across the market capitalisation spectrum, having the potential to generate long-term economic value.
Fund Facts
| Type of Scheme | Open-ended Dynamic Equity Scheme in large cap, mid cap, small cap stocks |
| Investment Objective | Long Term Capital Appreciation |
| Benchmark | NIFTY 500 Index |
| NAV(Rs) | Growth – Rs.262.9930 IDCW – Rs.178.6322 – Regular plan
Growth – Rs.274.6458 IDCW – Rs. 187.5022 – Direct plan |
| Returns – UTI Equity Fund Growth | Since launch 5 Yrs 3 yrs 1 yr |
| 13.31% 20.53% 25.34% 43.42% | |
| AUM | Rs 24521.38 crore |
| Expense Ratio | Regular Plan- 1.94%, Direct Plan- 1.00% |
| Fund manager | Ajay Tyagi |
- UTI Mid Cap Fund – The scheme invests in mid-cap companies with long-term growth potential and a scalable business model. The fund maintains a diversified portfolio with diligent risk management. It follows both a growth and a value style of investment approach.
Fund Facts
| Type of Scheme | Open-ended Equity Scheme in Mid Cap stocks |
| Investment Objective | Long Term Capital Appreciation |
| Benchmark | Nifty Midcap 150 Index |
| NAV(Rs) | Growth – Rs. 187.4456 IDCW – Rs.88.7010 – Regular plan
Growth – Rs.202.0031 IDCW – Rs.99.4062 – Direct plan |
| Returns – | Since launch 5 Yrs 3 yrs 1 yr |
| 18.59% 16.70% 23.12% 48.70% | |
| AUM | Rs. 6,664.46 Crore |
| Expense Ratio | Regular : 2.13% Direct : 1.03% |
| Fund manager | Ankit Agarwal |
- UTI Long Term Equity Fund – It is an equity linked tax saving scheme (ELSS) with a compulsory lock-in period of three years. It has the advantage of Tax Benefit under Section 80C of the Income Tax Act. The scheme invests in businesses with healthy return ratios and cash flows to deliver risk-adjusted returns.
Fund Facts
| Type of Scheme | Open-ended Equity linked savings scheme with lock in of 3 years and tax benefit |
| Investment Objective | Long Term Capital Appreciation |
| Benchmark | NIFTY 500 Index |
| NAV(Rs) | Growth – Rs.146.0017, IDCW – Rs.30.5017 – Regular plan
Growth – Rs.157.6489, IDCW – Rs.39.7567 – Direct plan |
| Returns | Since launch 5 Yrs 3 yrs 1 yr |
| 15.26% 16.35% 20.66% 40.14% | |
| AUM | Rs 2977.10 Crore |
| Expense Ratio | Regular: 2.24% Direct: 1.13% |
| Fund manager | Mr. Vetri Subramaniam & Mr. Vishal Chopda |
- UTI Mastershare Unit Scheme – It is India’s first equity oriented scheme launched in October 1986. The fund invests in large-cap stocks following a Growth at Reasonable Price (GARP) investment approach. It has a track record of providing uninterrupted dividend distribution since its inception.
Fund Facts
| Type of Scheme | Open-ended Equity Scheme in large cap stocks |
| Investment Objective | Long Term Capital Appreciation |
| Benchmark | S&P BSE 100 Index |
| NAV(Rs) | Growth – Rs. 196.4835 IDCW – Rs. 43.0873 – Regular plan
Growth – Rs.208.8024 IDCW – Rs. 48.6594 – Direct plan |
| Returns | Since launch 5 Yrs 3 yrs 1 yr |
| 16.01% 16.15% 18.38% 36.40% | |
| AUM | Rs 9356.14 Crore |
| Expense Ratio | Regular: 2.09% Direct: 1.05% |
| Fund manager | Mrs. Swati Kulkarni |
- UTI Value Opportunities Fund – It is an equity scheme that follows a value investment strategy that means buying for less than intrinsic value. The scheme focuses on the fundamental characteristics of a company and allows flexibility of investment across the market capitalisation spectrum.
Fund Facts
| Type of Scheme | Open-ended Equity Scheme following a value investment strategy |
| Investment Objective | Long Term Capital Appreciation |
| Benchmark | NIFTY 500 Index |
| NAV(Rs) | Growth – Rs.99.3497 IDCW – Rs.28.9532- Regular plan
Growth – Rs.106.0197 IDCW – Rs.34.5769- Direct plan |
| Returns (Direct-Growth Plan) | Since launch 5 Yrs 3 yrs 1 yr |
| 14.95% 15.85% 19.13% 36.13% | |
| AUM | Rs 6469.08 Crore |
| Expense Ratio | Regular: 2.18% Direct: 1.24% |
| Fund manager | Mr Vetri Subramaniam |
Mutual fund industry is witnessing a switch from investing in real estate, gold and FDs to investing in modern investment products. Investor awareness, innovative products and digitalisation are the main reasons behind this switch. Also, the pandemic has contributed to the rise in mutual fund investments because life is unpredictable and having solid investments, which you can encash easily, gives you peace of mind. UTI Mutual Fund is one of the oldest fund houses in the country, which launched the first equity-oriented scheme in India and continues to offer many innovative investment products.
