UTI Mutual Fund Schemes, Performance, Returns 2023

Fund Name	Ratings	Risk	1Y Returns	AUM
UTI Treasury Advantage Fund	5	Low	25%	₹1,00,900 cr.	Invest
UTI Hybrid Equity Fund	4.5	Very High	35%	₹1,00,100 cr.	Invest
UTI Liquid Cash Plan	4.5	Low	45%	₹1,00,350 cr.	Invest
UTI Overnight Fund	4.5	Low	55%	₹1,01,250 cr.	Invest
UTI Money Market Fund	4.5	Medium	65%	₹1,10,120 cr.	Invest
UTI Gilt Fund	3	Medium	75%	₹1,30,800 cr.	Invest
UTI Equity Savings Fund	4	Medium	57%	₹1,20,800 cr.	Invest
UTI Dynamic Bond Fund	4	Medium	76%	₹1,00,400 cr.	Invest
UTI Banking & PSU Debt Fund	4	Medium	77%	₹1,10,800 cr.	Invest
UTI Bond Fund	4	Medium	77%	₹1,10,800 cr.	Invest

About UTI Mutual Fund

Mutual funds were introduced in India in 1963 with the formation of the Unit Trust of India. In 2003, two separate entities - SUUTI and UTI Mutual Funds or UTI MF emerged from the former Unit Trust of India. UTI MF registered with the SEBI on February 1, 2003.

UTI was formed in 1963 under a Parliament Act and governed by the RBI. Until 1993, the Indian mutual funds’ space was dominated by public sector companies, with UTI being a significant player in the domain.

Schroder Singapore Holdings Private Limited is a London-based entity established in 1804. It manages £731.6 billion globally on behalf of financial institutions, retail and institutional investors, and high net worth clients. Its expertise spans asset classes, including equities, multi-asset, fixed income, and alternatives.

UTIMF has a long history as the most renowned mutual fund in India. They have nearly 11 million investors and 250 plus active mutual fund schemes in India. UTI engages 50,000 plus AMFI and NSFM-certified financial advisors to help investors invest in UTI MF.

UTI Mutual is the eighth largest Indian asset management company by total assets under management.

If one prefers, they can also invest in UTI AMC shares on the primary Indian exchanges. However, before investing, it is wise to follow the UTI AMC share price on your Angel One mobile app to plan the right entry into the market.

As a leading AMC, UTI has been a pathbreaker on many occasions. They were the first to offer a Unit Linked Insurance Plan or ULIP in 1971, with additional life and accidental insurance coverage. The UTI Wealth Builder Fund Combines equity investment with gold investment.

As an asset management company, UTI has a well-diversified portfolio with an extensive range of investment options to suit every individual. Besides mutual funds, they have diversified into Retirement Plans, Portfolio Management Solutions, International Banking, and Alternative Asset Management.

UTI Asset Mutual Funds Key Information

The following are some of the best ICICI Prudential Mutual Funds available in the market among others -

Founding date	February 01, 2003
AMC Incorporation date	September 05, 1994
Headquarters in	Mumbai
Name of the sponsors	State Bank of India/Punjab National Bank/Bank of Baroda/ Life Insurance Corporation of India.
Trustee organisation	UTI Trustee Co(P) Ltd.
MD and CEO	Imtaiyazur Rehman
Compliance Officer	Vivek Maheshwari
Investor Service Officer	Nanda Malai

Top fund managers of UTI Asset Management company

Ajay Tyagi

HIDE

Ajay Tyagi is the Executive Vice President of UTI Mutual Fund and one of its fund managers. Tyagi, a Chartered Financial Accountant himself is also a lifetime member of the CFA Institute. He completed his Masters in Finance at Delhi University.

He joined UTI MF in 2000 and successfully carried out various roles. Before his current office, he acted as the Assistant Fund Manager of the Offshore Fund Division.

Ajay Tyagi is one of the top fund managers in the country, celebrated for his keen market knowledge.

Kaushik Basu

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Ritesh Nambiar

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Sharwan Goyal

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How to Invest in UTI Mutual Fund?

Investing in UTI Mutual Funds is an easy and hassle-free process when done through your Angel One Demat account. Just take the following steps:

Step 1: Log in to your Angel One account with your mobile number and validate with OTP. At the next step, enter the MPIN.

Note: If you don’t have an Angel One, open a Demat in a matter of minutes by submitting the necessary documents.

Step 2: Find the most suited UTI MF based on your goals and risk profile. To do this, learn more about each fund offered by the AMC on the Angel One app. At this stage, consider the following to evaluate the funds:

Find your desired fund or choose one from those listed by Angel One.
Analyse the fund’s historical performance, sectoral and stock holdings, and tax incidence. Ascertain the estimated earnings on investment using the returns calculator.
Understand the scheme’s level of risk and see if it aligns with your tolerance.
Consider the fund’s ratings assigned by reputed rating agencies. Typically, mutual funds are rated from 1 to 5 based on various parameters like consistency, risk, returns, etc.
Check the fund’s expense ratio to estimate the cost of investing in it.

Step 3:Once you have chosen the fund(s) for investing, open your Angel One account and go to the Mutual Funds section to select the fund on the page.

Mutual funds are long term investments, and you must make a careful choice. Things you must consider are:

Lumpsum or SIP investment
Amount you want to pay and preferred method of payment. UPI is the most desired option, but you can also opt for payment via Net Banking.
If investing through SIP, you can also set a mandate for automatic debit.

Top 5 UTI Mutual Funds to invest

Returns and risks are the primary metrics to choose a mutual fund scheme. The relationship between potential risk and probable return reflects the possibilities of investing in a mutual fund.

The following are some of the top-performing UTI Asset Management funds.

Name of the Fund	Sub Category	AUM (Rs. in crore)	Minimum investment (Rs.)	CAGR 3Y (%)	CAGR 5Y (%)
UTI Value Opportunities Fund Direct Growth	Value Fund	6,888	5,000	33.33	12.32
UTI Ultra Short Term Fund Direct Growth	Ultra Short Duration Fund	2,173	500	8.69	5.73
UTI Short Term Income Direct Growth	Short Duration Fund	2,269	500	8.69	5.40
UTI Treasury Advantage Fund Direct Growth	Low Duration Fund	3,117	20,000	7.40	4.76
UTI Bond Fund Direct Growth	Medium to Long Duration Fund	285	500	10.84	4.34

Disclaimer: The above-mentioned top funds are for informational purposes only and are not recommendations. The funds are based on 5-yr CAGR dated 20th March 2023, which is subject to change frequently. Check out real-time data in the Mutual Funds section on Angel One.

UTI Value Opportunities Fund Direct Growth

Value funds invest in company stocks that are currently undervalued but have the potential to grow. These funds, however, are higher-risk funds. The minimum lump sum investment required for the fund is Rs. 5000, whereas the minimum SIP amount is Rs. 500.

UTI Ultra Short Term Fund Direct Growth

UTI Ultra Short Term Direct growth fund has given consistently higher annualised returns than category average in 1Y, 3Y, 5Y, and 10Y. It invests in debt securities with 3-6 month maturity.

The minimum threshold for investment is Rs. 500 for lumpsum. Investors can also choose to invest via SIP.

UTI Short Term Income Direct Growth

It is a debt fund with >90% fund allocation in various debt securities for 1 to 3 year maturity. The fund generated stable returns with moderate risks. The minimum investment required is Rs. 10,000 in lump sum and Rs. 500 in SIP.

UTI Treasury Advantage Fund Direct Growth

It is a low-duration debt fund that invests in debt securities with 6 to 12-month maturity. Investors can choose lumpsum or SIP route of investment. The minimum lumpsum investment amount is Rs. 20,000.

UTI Bond Fund Direct Growth

It is a bond fund that invests primarily into debt securities and is moderately risky. The fund has offered an annualised return of 10.84% and 4.34% in the last 3 and 5 years, respectively. The minimum amount required to invest in the fund is Rs. 1000 in lumpsum or Rs. 500 in SIP.

Mutual Funds Calculators

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FAQs

Should I invest in a UTI Mutual Fund scheme?

UTI Mutual Funds is one of the oldest mutual fund companies in India with an established track record. They offer some of the best mutual funds in each category of debt funds and equity funds. Hence, UTIMF is one of the best asset management companies for investment.

How to start a UTI Mutual Fund SIP Online?

You can start UTI Mutual Fund SIP online on the go. Invest through the Angel One app or web platform for a hassle-free investing experience. Doing this will allow you to track all your investments in one place. Alternatively, you can visit AMC’s official website to start a SIP online.

How to redeem UTI Mutual Funds Online?

You can redeem your units in two ways - via AMC’s website and Angel One. For the latter route, head to the Mutual Funds section under Angel One App or visit https://www.angelone.in/mutual-funds

How much time does it take to redeem the UTI Mutual Fund?

Redemption of equity, debt, and conservative hybrid funds generally happens within 2-4 working days of the withdrawal initiation. The proceeds are transferred to your registered bank account. The proceeds of liquid funds take 1-2 working days to be deposited in your bank account.

What are the redemption charges of UTI Mutual Funds?

Generally, an exit load and certain taxes are applicable on the redemption of funds. Therefore, the charges of UTI Mutual Funds depend on the type of scheme you want to sell.

How to increase the SIP amount in the UTI Mutual Fund?

You can do this by visiting https://www.angelone.in/mutual-funds or the Angel One App under the Mutual Funds section. Alternatively, you can visit AMC's official website.

How can I get the UTI Mutual Fund statement?

Go to the Angel One app or website and check in the mutual funds section. You may also choose to visit the official website of AMC.

Are UTI Mutual Fund schemes tax-free?

There are funds that fall under the category of equity linked savings scheme or ELSS that allow you to claim a tax deduction of up to Rs. 1.5 lakh under Section 80C every financial year from your taxable income.