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. This fund gives you the benefit of diversification.

1. UTI Multi Asset Allocation Fund Direct Growth has ₹4979 Cr worth of assets under management (AUM) as on Feb 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

UTI Multi Asset Allocation Fund Direct Growth has given a CAGR return of 10.17% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.80%, 18.01% and 20.14% respectively.

UTI Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Consumer Cyclical, Corporate, Tech, Financial Services, Consumer Defensive, Health, Industrial, Basic Materials, Energy, Communication, Real Estate, Utilities.

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

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 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.