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UTI Mutual Fund: NAV, Performance & Latest MF Schemes

UTI Asset Management Company (AMC) is one of the oldest and the seventh-largest AMC in India. As of September 2019, UTI mutual fund had 10.9 million active folios in 2020 or 12.2% of the total mutual fund folios maintained with Indian mutual fund houses. UTI AMC’s vast network, strong brand, and impeccable customer service makes it a future-ready mutual fund house.

UTI AMC is a professional company with a Board of Directors and a fully functional management team leading its day-to-day activities. The four sponsors of this mutual fund are State Bank of India, Life Insurance Corporation of India, Punjab National Bank, Bank of Baroda, and T. Rowe Price International Ltd. 

UTI mutual fund has an extensive distribution network in over 800 Indian cities, including 163 UTI Financial Centres, 283 Business Development Associates and Chief Agents, 46 Official Points of Acceptance, and 33 Other Official Points of Acceptance. UTI mutual fund’s IFAs channel has 52,000 Mutual Fund Distributors, covering India’s length and breadth to include maximum investors to its fore.

The Unit Trust of India (UTI) has a long history dating back to 1964 when a bill in the Indian parliament established the financial institution. The primary task of UTI was to collect small amounts from retail investors and invest in the capital markets. Its flagship scheme US-64 was instrumental in introducing the middle class to the capital markets. 

UTI mutual fund has several firsts in its history. The UTI Unit Linked Insurance Plan (ULIP), launched in 1971, included life and accident cover. The UTI India fund, launched in 1986, was India’s first offshore fund. The UTI Wealth Builder Fund combines different asset classes, such as gold and equity, to generate healthy returns.

As of 31st March 2020, the total Asset Under Management (AUM) of UTI AMC was INR 9,798 billion, of which UTI mutual fund contributed INR 1,515 billion. UTI mutual fund runs 172 schemes across all segments like equity, debt, hybrid, ETFs, Index, Income, and money market instruments.  The gross SIP inflow witnessed a jump of 4.6% (Y-o-Y basis) INR 29.6 billion in the financial year 2020.  

Important Information About UTI Mutual Fund

Mutual Fund NameUTI Mutual Fund
Established1st February 2003
Date of Incorporation14th November 2002
SponsorsState Bank of India Punjab National Bank Bank of Baroda Life Insurance Corporation T Rowe Price International Ltd.
TrusteeUTI Trustee Company Private Limited
TrusteesA Ramesh Kumar Suhail Nathani Shiva Kumar S K Kapahi Mukeeta Jhaveri
Board of DirectorsDinesh Kumar Mehrotra, Non-Executive Chairman and Independent Director  Imtaiyazur Rahman, Chief Executive Officer and Whole-time Director Deepak Kumar Chatterjee,Independent Director Dipali H Sheth, Independent Director Edward Cage Bernard, Non-Executive Director Flemming Madsen, Non-Executive Director Jayashree Vaidhyanathan, Independent Director  Narasimhan Seshadri, Independent Director  Rajeev Kakar, Independent Director
Chief Financial OfficerSurojit Saha
Compliance OfficerVivek Maheshwari
Investor Service OfficerNanda Malai
CustodianStock Holding Corporation of India Limited 

Mittal Court, ‘B’ Wing,
2nd floor, 224,
Nariman Point,
Mumbai – 400021.

SEBI Registration No. : IN/CUS/011
RegistrarKFin Technologies Private Limited
Karvy Selenium Tower B| Plot Nos. 31 & 32 | 
Financial District, Nanakramguda, 
Serilingampally Mandal,
Hyderabad – 500032 
Board No : 040- 6716 2222,
Fax: 040-66161888 
Email: uti@kfintech.com
Phone Number1800 266 1230 – 24 X 7 Toll Free Self Service IVR
(+91) 022 6227 8000 – Non Toll free
Email Address service@uti.co.in
UTI AMC Registered AddressUTI Asset Management Company Ltd Address: UTI Tower, ‘GN’ Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051

Ten Top-Performing UTI Mutual Fund Schemes 

UTI mutual fund’s portfolio comprises high-quality stocks and debt instruments that promise to deliver inflation-beating returns to its investors. The following are the top-10 UTI mutual fund schemes that have delivered strong returns and are the ones with the most AuM (Asset Under Management).

1. UTI Healthcare Fund (Category – Equity: Sectoral – Pharma)

The open-ended UTI Healthcare Fund invests in high-quality pharmaceutical and healthcare companies that have tremendous growth potential. It has a NAV of 148.0992 (Regular Growth) (as on 16th April, 2021), and is one of the top-performing funds in the ‘Equity: Sectoral – Pharma’ category. The fund was launched on 28th June 1999 and has given trailing returns of 50.51% in one year (as on 16th April, 2021). The fund considers the S&P BSE Healthcare TRI as its benchmark.  

Key Information

Minimum InvestmentINR 5,000
Minimum Additional InvestmentINR 1,000
Minimum SIP InvestmentINR 500
Minimum Withdrawal
Exit Load1% for withdrawals before 30 days
Return Since Inception (28th June 1999):14.59% (as on 16th April, 2021)
AssetsINR 618 Crore (as on 31st March, 2021)
Expense Ratio2.33% (as on 31st March, 2021)

2. UTI Transportation and Logistics Fund (Category – Equity: Thematic)

This open-ended fund invests in promising large, mid-sized, and small-cap companies in the transportation and logistics sector. It has a NAV of 114.6062 (Regular Growth) (as on 16th April, 2021), and is one of the top-performing funds in the ‘Equity: Thematic’ category. The fund was launched on 7th April 2004 and has given trailing returns of 81.27% in one year (as on 16th April, 2021). The fund considers the UTI Transportation and Logistics Index as its benchmark.  

Key Information

Minimum InvestmentINR 5,000
Minimum Additional InvestmentINR 1,000
Minimum SIP InvestmentINR 500
Minimum Withdrawal
Exit Load1% for withdrawals before 30 days
Return Since Inception (7th April 2004):15.42% (as on 16th April, 2021)
AssetsINR 1,417 Crore (as on 31st March, 2021)
Expense Ratio2.22% (as on 31st March, 2021)

3. UTI Mid Cap Fund (Category – Equity: Mid Cap)

This open-ended fund invests in promising mid-sized companies with a viable business model and robust growth potential. It has a NAV of 146.4796 (Regular Growth) (as on 16th April, 2021), and is one of the top-performing funds in the ‘Equity: Mid Cap’ category. The fund was launched on 7th April 2004 and has given trailing returns of 79.07% in one year (as on 16th April, 2021). The fund considers the NIFTY Midcap 150 TRI as its benchmark.  

Key Information

Minimum InvestmentINR 5,000
Minimum Additional InvestmentINR 1,000
Minimum SIP InvestmentINR 500
Minimum Withdrawal
Exit Load1% for withdrawals before 364 days
Return Since Inception (7th April 2004):17.70% (as on 16th April, 2021)
AssetsINR 5,190 Crore (as on 31st March, 2021)
Expense Ratio2.21% (as on 31st March, 2021)

4. UTI Core Equity Fund (Equity – Large and Mid Cap)

This open-ended fund invests in high-growth large, mid-sized, and small-cap companies with a viable business model. It has a NAV of 78.7769 (Regular Growth) (as on 16th April, 2021), and is one of the best-performing funds in the ‘Equity: Large and Mid Cap’ category. The fund was launched on 16th February 1993 and has given trailing returns of 69.52% in one year (as on 16th April, 2021). The fund considers the NIFTY Large Midcap 250 TRI as its benchmark.  

Key Information

Minimum InvestmentINR 5,000
Minimum Additional InvestmentINR 1,000
Minimum SIP InvestmentINR 500
Minimum Withdrawal
Exit Load1% for withdrawals before 364 days
Return Since Inception (28th June 1999):12.71% (as on 16th April, 2021)
AssetsINR 930 Crore (as on 31st March, 2021)
Expense Ratio2.72% (as on 31st March, 2021)

5. UTI S&P BSE Sensex Next 50 ETF (Category – Equity: Large Cap)

This open-ended fund invests in large companies that are a part of the Sensex Next 50 index. It has a NAV of 40.3173 (Regular Growth) (as on 16th April, 2021), and is one of the top-performing funds in the ‘Equity: Large Cap’ category. The fund was launched on 1st March 2019 and has given trailing returns of 60.83% in one year (as on 16th April, 2021). The fund considers the S&P BSE SENSEX Next 50 TRI as its benchmark.  

Key Information

Minimum InvestmentINR 5,000
Minimum Additional Investment
Minimum SIP Investment
Minimum Withdrawal
Exit LoadNil
Return Since Inception (1st March 2019):9.27% (as on 16th April, 2021)
AssetsINR 7 Crore (as on 31st March, 2021)
Expense Ratio0.22% (as on 31th September, 2020)

6. UTI Flexi Cap Fund (Category – Equity: Flexi Cap)

This open-ended fund invests in high-growth large, mid-sized, and small-cap companies with a strong financial track record. It has a NAV of 212.0595 (Regular Growth) (as on 16th April, 2021), and is one of the top-performing funds in the ‘Equity: Flexi Cap’ category. The fund was launched on 18th May 1992 and has given trailing returns of 74.23% in one year (as on 16th April, 2021). The fund considers the NIFTY 500 TRI as its benchmark.  

Key Information

Minimum InvestmentINR 5,000
Minimum Additional InvestmentINR 1,000
Minimum SIP InvestmentINR 500
Minimum Withdrawal
Exit Load1% for withdrawals before 365 days
Return Since Inception (18th May 1992):12.94% (as on 16th April, 2021)
AssetsINR 16,717 Crore (as on 31st March, 2021)
Expense Ratio2.04% (as on 31st March, 2021)

7. UTI Value Opportunities Fund (Category – Equity: Value Oriented)

This open-ended fund takes a contrarian approach to pick companies whose inherent value is more than the stock price. It has a NAV of 82.0576 (Regular Growth) (as on 16th April, 2021), and is one of the top-performing funds in the ‘Equity: Value Oriented’ category. The fund was launched on 20th July 2005 and has given trailing returns of 62.78% in one year (as on 16th April, 2021). The fund considers the NIFTY 500 TRI as its benchmark.  

Key Information

Minimum InvestmentINR 5,000
Minimum Additional InvestmentINR 1,000
Minimum SIP InvestmentINR 500
Minimum Withdrawal
Exit Load1% for withdrawals before 365 days
Return Since Inception (20th July 2005):14.30% (as on 16th April, 2021)
AssetsINR 5,515 Crore (as on 31st March, 2021)
Expense Ratio2.17% (as on 31st March, 2021)

8. UTI Dividend Yield Fund (Category – Equity: Thematic – Dividend Yield)

This open-ended fund invests in growth-oriented companies that also pay a high dividend. It has a NAV of 84.5172 (Regular Growth) (as on 16th April, 2021), and is one of the top-performing funds in the ‘Equity: Thematic – Dividend Yield category. The fund was launched on 3rd May 2005 and has given trailing returns of 55.69% in one year (as on 16th April, 2021). The fund considers the NIFTY Div Opps 50 TRI as its benchmark.  

Key Information

Minimum InvestmentINR 5,000
Minimum Additional InvestmentINR 1,000
Minimum SIP InvestmentINR 500
Minimum Withdrawal
Exit Load1% for withdrawals before 364 days
Return Since Inception (3rd May 2005):14.30% (as on 16th April, 2021)
AssetsINR 2,618 Crore (as on 31st March, 2021)
Expense Ratio2.22% (as on 31st March, 2021)

9. UTI Children’s Career Fund-Investment Plan (Category – Equity: Flexi Cap)

This open-ended fund invests in high-growth companies that have a robust financial profile. It has a NAV of 48.7499 (Regular Growth) (as on 16th April, 2021), and is one of the best-performing funds in the ‘Equity: Flexi Cap’ category. The fund was launched on 17th February 2004 and has given trailing returns of 60.86% in one year (as on 16th April, 2021). The fund considers the NIFTY 500 TRI as its benchmark.  

Key Information

Minimum InvestmentINR 1,000
Minimum Additional InvestmentINR 1,000
Minimum SIP InvestmentINR 500
Minimum Withdrawal
Exit LoadNil
Return Since Inception (17th February 2004):9.66% (as on 16th April, 2021)
AssetsINR 452 Crore (as on 31st March, 2021)
Expense Ratio2.78% (as on 31st March, 2021)

10. UTI Hybrid Equity Fund (Category – Equity: Hybrid – Aggressive Hybrid)

This open-ended fund invests between 65% and 80% in the equity market and the rest in debt instruments. 

It has a NAV of 206.2288 (Regular Growth) (as on 16th April, 2021), and is one of the top-performing funds in the ‘Hrbrid: Aggressive Hybrid’ category. The fund was launched on 20th March 1995 and has given trailing returns of 51.61% in one year (as on 16th April, 2021). The fund considers the CRISIL Hybrid 25+75 Aggressive Index as its benchmark.  

Key Information

Minimum InvestmentINR 1,000
Minimum Additional InvestmentINR 1,000
Minimum SIP InvestmentINR 500
Minimum Withdrawal
Exit Load1% for withdrawals before 365 days
Return Since Inception (28th June 1999):14.57% (as on 16th April, 2021)
AssetsINR 3,808 Crore (as on 31st March, 2021)
Expense Ratio2.07% (as on 31st March, 2021)

How Can You Invest in UTI Mutual Fund Via EduFund?

Investing in UTI Mutual Fund through Edufund is a straightforward and uncomplicated seven-step process.

Step 1: Download the EduFund App from Apple App Store or Google Play Store and enter details like name, email, and telephone address to create an account.

Step 2: Choose a Scheme: Scan the list of UTI Mutual Fund schemes and choose the best scheme suiting your financial goals. You can invest a lump sum or in a Systematic Investment Plan (SIP). The inbuilt recommendation engine helps you pick the best fund.

Step 3 – Manage Your Transaction(s) – Your EduFund account contains every detail you need to manage the account. You can track the UTI Mutual Fund NAV, portfolio value, view or download account statement, check account balance, and do many things within the app. Also, you can buy or redeem UTI mutual fund units or switch between schemes.

Step 4 – Get in touch with a mutual fund counsellor – You can connect with a mutual fund counsellor to discuss your financial goals and receive personal guidance. 

EduFund uses top-class authentication and encryption technologies akin to a bank to ensure safe transactions.

Seven Best Performing Fund Managers at UTI Mutual Fund

The fund manager plays a significant role in driving growth. UTI mutual fund has employed some of the best names in the industry whose meticulous research and calls have consistently delivered high returns to investors. The following are the top-7 fund managers at UTI AMC:

1. Mr Ajay Tyagi

Mr Ajay Tyagi, Executive Vice President and Fund Manager, UTI AMC, has been associated with UTI since 2000. During the first few years, he spent his time in equity research and tracked the telecom, media, and IT sectors. His educational qualifications include a Master’s in Finance (Delhi University) and CFA Charter Holder (The CFA Institute, USA). Mr Tyagi has extensive experience in fund management and equity research. Besides managing several UTI mutual fund schemes, he also looks after various India dedicated offshore funds. He manages mutual fund schemes like UTI Flexi Cap Fund, UTI Regular Savings Fund, and UTI Unit Linked Insurance Fund.  

2. Mr V. Srivatsa

Mr V. Srivatsa, Executive Vice President & Fund Manager – Equity, UTI AMC, joined the company in 2002. He joined the securities research department, where he closely monitored the ups and downs of metal, capital goods, and Information Technology sectors. Before joining UTI AMC, he served Rhodes Parks & Co., Chartered Accountants, Madras Cements Ltd, and Ford. His educational qualifications include B.Com, C.A., C.W.A., and PGDM (IIM, Indore). Mr Srivatsa manages several best-performing schemes at UTI AMC, including UTI Healthcare Fund, UTI Core Equity Fund, and UTI Retirement Benefit Pension Fund. 

3. Mr Sachin Trivedi

Mr Sachin Trivedi, Senior Vice President and Head of Research & Fund Manager – Equity, UTI AMC, joined the company in June 2001. He has over 16 years of experience in equity research and portfolio management. He has special expertise in analysing the auto OEM, logistics, capital goods, and utility sectors. His educational qualifications include B.Com (Narsee Monjee College of Commerce, Mumbai), MMS (K. J. Somaiya Institute of Management Studies & Research, Mumbai University), and CFA Charter (CFA Institute, USA). Mr Trivedi manages three schemes.

4. Mr Ankit Agarwal

Mr Ankit Agarwal, Fund Manager, UTI AMC, joined the company in August 2019. He manages five schemes, of which the UTI Mid Cap Fund has been a consistent high-performer. He has over 12 years of experience in fund management and equity research. Before joining UTI AMC, he worked with various prestigious financial institutions like Barclays Wealth, Lehman Brothers, and Centrum Broking Ltd. At Centrum Broking Ltd., he worked as the Sr. Vice President. His educational qualifications include B.Tech (National Institute of Technology) and PGDM (IIM, Bangalore). 

5. Mr Sharwan Kumar Goyal

Mr Sharwan Kumar Goyal, Vice President and Fund Manager – Equity, UTI AMC, has been associated with the company since June 2006. He has more than 11 years of experience in Portfolio Analysis, Risk Management, and Equity Research. His educational qualifications include MMS (Welingkar Institute of Management Development & Research, Mumbai) and CFA Charter (CFA Institute, USA). Mr Goyal manages eight (8) schemes, including UTI S&P BSE Sensex Next 50 ETF, UTI Bank Exchange Traded Fund, UTI Arbitrage Fund, and UTI Nifty 200 Momentum 30 Index Fund. 

6. Ms Swati Anil Kulkarni

Ms Swati Anil Kulkarni, Executive Vice President and Fund Manager – Equity, UTI AMC, has over 26 years of experience with the company. Her educational qualifications include B.Com, Masters in Financial Management (Narsee Monjee Institute of Management Studies, Mumbai), and CFA Charter (CFA Institute, USA). She is also empanelled with the Indian Institute of Bankers as a Certified Associate. During her stint at the Research and Planning department, she involved herself with mutual fund research, product reviews, market research, and Quantitative Analysis. Ms Kulkarni manages nine (9) UTI mutual fund schemes. 

7. Mr Vetri Subramaniam

Mr Vetri Subramaniam, Group President and Head of Equity, UTI AMC, joined the company in January 2017. He manages a team of 17 persons, including fund managers and research analysts. The team manages assets worth INR 649 billion. He has more than 26 years of experience in leading teams. Before joining UTI AMC, he worked with Invesco Asset Management Ltd., Kotak Mahindra, Motilal Oswal, SSKI, and Sharekhan.com. Mr Subramaniam manages five (5) UTI mutual fund schemes.  

Why Should You Invest in UTI Mutual Fund?

UTI mutual fund is one of the largest AMCs in India. It has a presence in more than 830 cities in India, besides 52,000 mutual fund distributors. The fund house offers more than 172 mutual fund schemes, most of which has consistently given stellar returns. The fund house has a legacy of over fifty (50) years and provides services like equity research, fund management, portfolio management, and advisory services. UTI AMC also has more than 160 financial centres, which serve as a point of contact for investors. Hence, if you look for a fund house that offers a diverse range of mutual fund schemes, UTI mutual fund is the place to be.

Select EduFund For Investing in UTI Mutual Fund 

With EduFund by your side, you can conveniently invest in one or multiple UTI mutual fund schemes from the comfort of your home or office. In case you need personalised guidance, EduFund’s seasoned mutual fund counsellors assist you in choosing the best fund.

EduFund brings with it a top-class recommendation engine that scans more than 1 lakh data points and 400 financial scenarios to recommend the best plan for you. You can start your journey to financial freedom by investing as little as INR 500 every month. 

Besides Indian funds, EduFund also allows you to invest in international mutual funds and US Dollar ETFs. You can also use several free tools like College Savings Calculator, SIP Calculator, etc. 

EduFund is RIA-registered, and its world-class 128-SSL security safeguards your investments. 

Download the EduFund app now and begin investing in the capital market to reap rich dividends. 

EduFund

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