Overview
UTI Balanced Advantage Fund Direct Growth
UTI Mutual Fund
The scheme seeks to provide long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments.
Investments in UTI Balanced Advantage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 12.6038
Fund Size (AUM)
₹2874.36 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹500
Launch Date
10-Aug-2023
Expense Ratio
0.77%
Exit Load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Standard Deviation
N/A
History
Performance & Ratios
1-Year SIP Return
7.27%
3-Year SIP Return
N/A
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-
Beta
-
Sharpe Ratio
-
Sortino Ratio
-
Information Ratio
-
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 12.94% | N/A | N/A | N/A |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 5 | N/A | N/A | N/A |
Holdings (98)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.47% |
| GOI | Sovereign | GOI Sec | 6.01% |
| ICICI Bank Ltd. | Financial | Equity | 5.85% |
| Bharti Airtel Ltd. | Communication | Equity | 3.77% |
| Infosys Ltd. | Technology | Equity | 3.25% |
| Reliance Industries Ltd. | Energy | Equity | 3.09% |
| GOI | Sovereign | GOI Sec | 2.69% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.66% |
| Bajaj Finance Ltd. | Financial | Equity | 2.44% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.26% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct Growth | 94824.34 | 10.74 | 19.79 | 0.88 | N/A |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4073.23 | 9.95 | 14.24 | 0.77 | N/A |
| SBI Balanced Advantage Fund Direct Growth | 34015.41 | 9.04 | 13.96 | 0.71 | N/A |
| ICICI Prudential Balanced Advantage Direct Growth | 60591.13 | 11.47 | 13.24 | 0.92 | N/A |
| Tata Balanced Advantage Fund Direct Growth | 10075.2 | 7.56 | 12.03 | 0.36 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 3
AMC Details
Asset Management Company
UTI Mutual Fund
UTI Mutual Fund started their mutual fund on 01/02/2003 and its managing total assets of ₹1,50,669 Cr. Its ranked at 6 as per total assets at end of 30th Sep 2017. UTI Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
UTI Mutual Fund was carved out of the erstwhile Unit Trust of India as a SEBI registered mutual fund from 1 February 2003. The Unit Trust of India Act 1963 was repealed, paving way for the bifurcation of UTI into – Specified Undertaking of Unit Trust of India; and UTI Mutual Fund. UTI AMC, India’s most trusted Wealth creators and always has the interest of its investors in its heart. The AMC has completed 50 years as India’s leading Financial service institution and was a sole vehicle of capital market investment for Indian Citizens till the early 90’s. The institution has shown great resilience and has grown from strength to strength overcoming economic turbulence and global turnarounds. This AMC has contributed immensely to industrial and capital growth in the Indian market. It has led transformative initiatives like developmental financial institutions, rural outreach programs and financial products and services.
Launch Date
2002-11-14T00:00:00.078Z
Total AUM
₹ 337639.69 Cr
Address
UTI Tower, Plot C-1, GN Block,Banrda Kurla Complex, Bandra (East) Mumbai 400051
Phone
0263 2296993
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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UTI Balanced Advantage Fund Direct Growth
UTI Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for UTI Balanced Advantage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of UTI Balanced Advantage Fund Direct Growth?
The top stocks held by UTI Balanced Advantage Fund Direct Growth include HDFC Bank Ltd., GOI, ICICI Bank Ltd..
Which industries does UTI Balanced Advantage Fund Direct Growth invest in?
UTI Balanced Advantage Fund Direct Growth primarily invests in the following industries: Financial, Sovereign, Communication.
Who are the fund managers of UTI Balanced Advantage Fund Direct Growth?
The fund managers of UTI Balanced Advantage Fund Direct Growth are Anurag Mittal and Sachin Trivedi and Deepesh Agarwal.
How many years has the fund manager been managing UTI Balanced Advantage Fund Direct Growth?
Anurag Mittal:
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Sachin Trivedi:
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Deepesh Agarwal:
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What is the minimum investment for UTI Balanced Advantage Fund Direct Growth?
The minimum investment for UTI Balanced Advantage Fund Direct Growth is ₹5000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for UTI Balanced Advantage Fund Direct Growth?
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What are the average 3-year returns for UTI Balanced Advantage Fund Direct Growth?
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What is the expense ratio of UTI Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of UTI Balanced Advantage Fund Direct Growth is 0.77%. The average expense ratio for similar funds in the Hybrid is Calculating....