UTI Retirement Fund Direct Growth

UTI Retirement Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by V Srivatsa, Sunil Patil. This fund gives you the benefit of diversification.

1. UTI Retirement Fund Direct Growth has ₹4564 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
2. The fund has an expense ratio 1.
   

UTI Retirement Fund Direct Growth has given a CAGR return of 10.66% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.92%, 12.73% and 16.27% respectively.

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

As it is a retirement 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 investment objective of the scheme is primarily to generate a corpus to provide for pension in the form of periodical income / cash flow to the unit holders to the extent of redemption value of their holding after the age of 58 years by investing in a mix of securities comprising of debt & money market instruments and equity & equity related instruments. 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 0.00 and for SIP is INR 0.00. There is a lock in period for UTI Retirement Fund Direct Growth of 5 Years