UTI Multi Asset Allocation Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV as on 22-11-2024
₹ 78.18
Inception Returns
10.5%
/yr
About UTI Multi Asset Allocation Fund Direct Growth
UTI Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sharwan Kumar Goyal, Sunil Patil. This fund gives you the benefit of diversification.
Key Parameters
- UTI Multi Asset Allocation Fund Direct Growth has ₹4415 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
UTI Multi Asset Allocation Fund Direct Growth has given a CAGR return of 10.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.83%, 17.60% and 16.12% respectively.
Holdings
UTI Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Consumer Cyclical, Financial Services, Tech, Industrial, Consumer Defensive, Health, Energy, Basic Materials, Communication, Utilities, Real Estate.
Taxation
As it is a multi 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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of UTI Multi Asset Allocation Fund Direct Growth
The objective of the Scheme is to achieve long term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related instruments. The fund also invests in debt and money market instruments with a view to generate regular income. The fund also invests in Gold ETFs. The portfolio allocation is managed dynamically. However, there is no assurance or guarantee that the investment objective of the Scheme would 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 Multi Asset Allocation Fund Direct Growth has no lock in period.
Historical NAV & Returns
UTI Multi Asset Allocation Fund Direct Growth Overview
| Expense ratio | 0.67% |
Benchmark | BSE 200 TR INR |
| AUM | ₹4415 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 118.56% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   High Risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 4.1K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Government, Financial Services & Consumer Cyclical
Mutual Fund Insights
UTI Multi Asset Allocation Fund Direct Growth Highlights
High Risk
About the fund
Fund Allocations
AUM size ₹4415 Cr
Expense Ratio 0.67%
Frequently Asked Questions for UTI Multi Asset Allocation Fund Direct Growth
UTI Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.45% | -3.45% |
6 Month Returns | 5.01% | 5.01% |
1 Year Returns | 28.83% | 28.83% |
3 Years Returns | 62.62% | 17.6% |
5 Years Returns | 111.13% | 16.12% |
- 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 |