UTI Balanced Advantage Fund Direct Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV as on 05-03-2025
₹ 11.92
1D
Inception Returns
11.3%
/yr
About UTI Balanced Advantage Fund Direct Growth
UTI Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 10 August, 2023. The fund is managed by Sachin Trivedi, Anurag Mittal. This fund gives you the benefit of diversification.
Key Parameters
- UTI Balanced Advantage Fund Direct Growth has ₹2921 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
UTI Balanced Advantage Fund Direct Growth has given a CAGR return of 11.30% since inception. Over the last 1 year the fund has given a CAGR return of 6.45%.
Holdings
UTI Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Corporate, Financial Services, Tech, Consumer Cyclical, Industrial, Basic Materials, Consumer Defensive, Communication, Energy, Health, Utilities, Real Estate.
Taxation
As it is a dynamic asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of UTI Balanced Advantage Fund Direct Growth
The scheme intends to provide long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. UTI Balanced Advantage Fund Direct Growth has no lock in period.
Historical NAV & Returns
UTI Balanced Advantage Fund Direct Growth Overview
| Expense ratio | 0.71% |
Benchmark | Nifty 50 Hybrid Composite Debt 50:50 |
| AUM | ₹2921 Cr |
| Inception Date | 10 August, 2023 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 23.56% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (05-Mar-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 2.9K Cr as of Jan'25
- AUM decreased by 81.4 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Government, Corporate & Financial Services
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.45% | 0% | |
 ICICI Bank Ltd | 4.92% | 1.3% | |
 Infosys Ltd | 3.85% | 0% | |
 Reliance Industries Ltd | 3.82% | 2.4% | |
 Bharti Airtel Ltd | 3.55% | 0% |
UTI Balanced Advantage Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2921 Cr
Expense Ratio 0.71%
Frequently Asked Questions for UTI Balanced Advantage Fund Direct Growth
UTI Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.09% | -4.09% |
6 Month Returns | -3.97% | -3.97% |
1 Year Returns | 6.45% | 6.45% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |