UTI Asset Management Company is among the most trusted mutual fund houses in India, having been around for over 50 years. The company has grown significantly over the years and has made some truly outstanding contributions to capital as well as industrial growth in India. 

The company offers a variety of mutual funds that cater to the investment requirements of a diverse customer base, making it easy for investors to find the solutions that best suit their needs.

Types of funds offered by UTI Mutual Fund

UTI Mutual Fund offers the following kind of funds:

• Equity funds
• Debt funds
• Overnight and Liquid funds
• Hybrid funds

Equity funds offered by UTI Mutual Fund

UTI Mutual Fund offers the following equity funds:

1. UTI Equity FundFund TypeEquity – Multi Cap FundEntry LoadN/AExit Load1% of the applicable NAV for redemptions taking place within a year from the date of allotmentBenchmarkS&P BSE 100 IndexFund ManagerAjay TyagiRisk FactorModerately highInvestment Objective of UTI Equity FundThe investment objective of UTI Equity Fund is to generate capital growth through investment in equity shares as well as debentures/bonds (non-convertible and convertible) of companies whose potential for growth is high. It also makes investments in money market securities.Who is the UTI Equity Fund suitable for?The UTI Equity Fund is ideal for those who want capital appreciation in the long term through investment in bonds and debentures (both convertible as well as non-convertible) of companies that have good potential for growth, as well as investment in equity and equity-related instruments and money market securities.
2. UTI MNC FundFund TypeEquity – Thematic FundEntry LoadN/AExit Load1% of the applicable NAV for redemptions taking place within a year from the date of allotmentBenchmarkNifty MNC IndexFund ManagerSwati KulkarniRisk FactorHighInvestment Objective of UTI MNC FundThe investment objective of the UTI MNC Fund is to generate long-term capital growth through investment mainly in instruments of MNCs as well as other liquid stocks including equity and equity-related instruments.Who is the UTI MNC Fund suitable for?The UTI MNC Fund is ideal for those who want to invest in quality MNC stocks and diversify their equity portfolio, and those who seek a market cap agnostic fund.
3. UTI India Lifestyle FundFund TypeEquity – Thematic FundEntry LoadN/AExit Load1% of the applicable NAV for redemptions taking place within a year from the date of allotmentBenchmarkNifty 500 IndexFund ManagerLalit Nambiar and Vishal ChopdaRisk FactorHighInvestment Objective of UTI India Lifestyle FundThe investment objective of the UTI India Lifestyle Fund is to generate capital growth in the long term along with income distribution through investment in a diversified portfolio that comprises equity and equity-related securities. The fund invests mainly in sectors, companies, themes, and areas that are forecast to grow through changing Indian demographics, increasing consumption patterns, and changing lifestyles.Who is the UTI India Lifestyle Fund suitable for?The UTI India Lifestyle Fund is ideal for those who want to adopt a differentiated portfolio strategy to supplement their equity portfolio, and for those who want to make investments in the theme of changing Indian lifestyles and increasing consumerism.
4. UTI Nifty Index FundFund TypeEquity – Index FundEntry LoadN/AExit LoadNilBenchmarkNifty 50 IndexFund ManagerKaushik Babu and Sharwan Kumar GoyalRisk FactorModerately highInvestment Objective of UTI Nifty Index FundThe investment objective of UTI Nifty Index Fund is to make investments in stocks of firms and organisations that comprise the Nifty 50 Index while trying to generate returns in the same proportion as the index through a passive investment strategy.Who is the UTI Nifty Index Fund suitable for?The UTI Nifty Index Fund is ideal for those who want returns through investment in Nifty 50 Index stocks and those who want to do away with the unsystematic risk of a certain sector or company.
5. UTI Value Opportunities FundFund TypeEquity – Value FundEntry LoadN/AExit Load1% of the applicable NAV for redemptions made within a year from the date of allotmentBenchmarkS&P BSE 100 IndexFund ManagerVetri Subramaniam and Amit PremchandaniRisk FactorModerately highInvestment Objective of UTI Value Opportunities FundThe investment objective of the UTI Value Opportunities Fund is to generate capital growth and provide income distribution to investors through investment in equity and equity-related securities. The scheme aims at benefitting from opportunities that arise in the market through investment in various sectors based on the prevailing changes in trends.Who is the UTI Value Opportunities Fund suitable for?The UTI Value Opportunities Fund is ideal for those who want reasonable returns through investment in equity and equity-related securities.
6. UTI Mastershare Unit SchemeFund TypeEquity – Large Cap FundEntry LoadN/AExit Load1% of applicable NAV for redemptions made within a year from the date of allotmentBenchmarkS&P BSE 100 IndexFund ManagerSwati KulkarniRisk FactorModerately highInvestment Objective of UTI Mastershare Unit SchemeThe investment objective of the UTI Mastershare Unit Scheme is to generate capital growth through investment in equity and equity-related securities as well as fully convertible company debentures/bonds. It also makes investments in partly convertible bonds/debentures.Who is the UTI Mastershare Unit Scheme suitable for?The UTI Mastershare Unit Scheme is ideal for those who want returns through investment in stocks of quality businesses that have steady earnings growth and steady cash flows and are available at reasonable prices.
7. UTI Mid Cap FundFund TypeEquity – Mid Cap FundEntry LoadN/AExit Load1% of applicable NAV for redemptions made within a year from the date of allotmentBenchmarkNifty Midcap 100 IndexFund ManagerLalit NambiarRisk FactorModerately highInvestment Objective of UTI Mid Cap FundThe investment objective of the UTI Mid Cap Fund is to generate capital growth through investment mainly in stocks of mid cap companies.Who is the UTI Mid Cap Fund suitable for?The UTI Mid Cap Fund is ideal for those who want capital appreciation through investment in stocks of mid-sized companies.
8. UTI Dividend Yield FundFund TypeEquity – Dividend Yield FundEntry LoadN/AExit Load1% of applicable NAV for redemptions made within a year from the date of allotmentBenchmarkS&P BSE 100 IndexFund ManagerSwati KulkarniRisk FactorModerately highInvestment Objective of UTI Dividend Yield FundThe investment objective of the UTI Dividend Yield Fund is to generate capital gains in the medium to long term, and offer dividend distribution to investors through investment mainly in equity and equity-related securities that provide high dividend yield.Who is the UTI Dividend Yield Fund suitable for?The UTI Dividend Yield Fund is ideal for those who want to use a differentiated portfolio strategy to supplement their equity portfolio, and those who want the dual benefit of dividend yield and capital growth.
9. UTI Banking & Financial Services FundFund TypeEquity – Sectoral FundEntry LoadN/AExit Load1% of applicable NAV for redemptions made within a year from the date of allotmentBenchmarkNifty Bank IndexFund ManagerAmit PremchandaniRisk FactorHighInvestment Objective of the UTI Banking & Financial Services FundThe investment objective of the UTI Banking & Financial Services Fund is to generate capital appreciation by investing in stocks of institutions/companies that are involved in financial services and banking activities.Who is the UTI Banking & Financial Services Fund suitable for?The UTI Banking & Financial Services Fund is ideal for those who want returns through investment in the stocks of companies that offer financial and banking services.
10. UTI Transportation & Logistics FundFund TypeEquity – Sectoral FundEntry LoadN/AExit Load1% of applicable NAV for redemptions made within a year from the date of allotmentBenchmarkUTI Transportation & Logistics IndexFund ManagerSachin TrivediRisk FactorHighInvestment Objective of the UTI Transportation & Logistics FundThe investment objective of the UTI Transportation & Logistics Fund is to generate capital growth by investing in the stocks of institutions and companies that are involved in the logistics and transportation sector.Who is the UTI Transportation & Logistics Fund suitable for?The UTI Transportation & Logistics Fund is ideal for those who want capital appreciation through investment in a thematic portfolio consisting of stocks of companies involved in the logistics and transportation sector.
11. UTI Core Equity FundFund TypeEquity – Large & Mid Cap FundEntry LoadN/AExit Load1% of applicable NAV for redemptions made within a year from the date of allotmentBenchmarkS&P BSE 100 IndexFund ManagerV SrivatsaRisk FactorModerately highInvestment Objective of the UTI Core Equity FundThe investment objective of the UTI Core Equity Fund is to generate capital appreciation in the long term and provide dividend distribution to investors through investment mainly in equity and equity-related securities of the 100 best stocks based on market capitalisation.Who is the UTI Core Equity Fund suitable for?The UTI Core Equity Fund is ideal for those who want steady capital growth through investment in mid and large-cap stocks.
12. UTI Infrastructure FundFund TypeEquity – Thematic FundEntry LoadN/AExit Load1% of applicable NAV for redemptions made within a year from the date of allotmentBenchmarkS&P BSE 100 IndexFund ManagerSanjay DongreRisk FactorHighInvestment Objective of the UTI Infrastructure FundThe investment objective of the UTI Infrastructure Fund is to generate capital growth and provide income distribution to investors through investment mainly in equity and equity-related securities of companies that are involved in India’s infrastructure growth, be it directly or indirectly.Who is the UTI Infrastructure Fund suitable for?The UTI Infrastructure Fund is ideal for those who want capital growth through investment in infrastructure-themed stocks.
13. UTI Healthcare FundFund TypeEquity – Sectoral FundEntry LoadN/AExit Load1% of applicable NAV for redemptions made within a year from the date of allotmentBenchmarkNifty Pharma IndexFund ManagerRitesh Rathod and V SrivatsaRisk FactorHighInvestment Objective of the UTI Healthcare FundThe investment objective of the UTI Healthcare Fund is to generate capital growth by investing in equity and equity-related securities of the healthcare and pharma sector.Who is the UTI Healthcare Fund suitable for?The UTI Healthcare Fund is ideal for those who want capital growth through investment in the stocks of the healthcare and pharma sector.

Debt Funds Offered by UTI Mutual Fund

UTI Mutual Fund offers the following debt funds:

1. UTI Money Market FundFund TypeDebt – Money Market FundEntry LoadN/AExit LoadNo exit load is applicable for investments done post 24 September 2012BenchmarkCRISIL Liquid Fund IndexFund ManagerAmit Sharma and Amandeep ChopraRisk FactorModerately lowInvestment Objective of the UTI Money Market FundThe investment objective of the UTI Money Market Fund is to generate income and ensure that the investors’ capital is preserved. It also aims at providing liquidity through investment in a diversified portfolio comprising of short term money market instruments.Who is the UTI Money Market Fund suitable for?The UTI Money Market Fund is ideal for those who want income through investment in a diversified portfolio.
2. UTI Treasury Advantage FundFund TypeDebt – Low Duration FundEntry LoadN/AExit LoadNilBenchmarkCRISIL Liquid Fund IndexFund ManagerSudhir AgarwalRisk FactorModerately lowInvestment Objective of the UTI Treasury Advantage FundThe investment objective of the UTI Treasury Advantage Fund is to achieve attractive returns while ensuring that investors’ capital is preserved and liquidity is maintained through investment in quality money market and debt instruments along with structured obligations.Who is the UTI Treasury Advantage Fund suitable for?The UTI Treasury Advantage Fund is ideal for those who want steady returns in addition to short-term liquidity.
3. UTI Ultra Short Term FundFund TypeDebt – Ultra Short Duration FundEntry LoadN/AExit LoadNilBenchmarkCRISIL Liquid Fund IndexFund ManagerSudhir Agarwal and Ritesh NambiarRisk FactorModerately lowInvestment Objective of the UTI Ultra Short Term FundThe investment objective of the UTI Ultra Short Term Fund is to achieve regular income by investing in a portfolio that consists mainly of money market securities, floating rate debt securities, or fixed rate debt securities.Who is the UTI Ultra Short Term Fund suitable for?The UTI Ultra Short Term Fund is ideal for those who want steady returns along with short-term liquidity.
4. UTI Medium Term FundFund TypeDebt – Medium Term FundEntry LoadN/AExit LoadIf any of the units are redeemed after 365 days but before 548 days from the date on which they were allotted, the exit load charged shall be 0.50% of the applicable NAVBenchmarkCRISIL Composite Bond Fund IndexFund ManagerAmandeep Chopra and Ritesh NambiarRisk FactorModerateInvestment Objective of the UTI Medium Term FundThe investment objective of the UTI Medium Term Fund is to achieve returns via capital gains as well as interest income by investing in a diversified portfolio that comprises debt securities and government instruments.Who is the UTI Medium Term Fund suitable for?The UTI Medium Term Fund is ideal for those who want returns in the medium term.
5. UTI Banking & PSU Debt FundFund TypeDebt – Banking & PSU Debt FundEntry LoadN/AExit LoadNilBenchmarkCRISIL Short Term Bond Fund IndexFund ManagerSudhir AgarwalRisk FactorModerateInvestment Objective of the UTI Banking & PSU Debt FundThe investment objective of the UTI Banking & PSU Debt Fund is to achieve steady returns and ensure that a high level of liquidity and low level of risk is maintained through investment mainly in money market and debt instruments issued by Public Sector Undertakings and banks.Who is the UTI Banking & PSU Debt Fund suitable for?The UTI Banking & PSU Debt Fund is ideal for those who want returns between the short and medium term, and those who want liquid investments that are more profitable than conventional options such as bonds, bank deposits, etc.
6. UTI Credit Risk FundFund TypeDebt – Credit Risk FundEntry LoadN/AExit LoadIf any of the units are redeemed before a year, the exit load levied shall be 1% of the applicable NAVBenchmarkCRISIL Short Term Bond Fund IndexFund ManagerRitesh NambiarRisk FactorModerateInvestment Objective of the UTI Credit Risk FundThe investment objective of the UTI Credit Risk Fund is to generate capital growth as well as provide reasonable income to investors through investment in money market and debt securities across different credit ratings and maturities.Who is the UTI Credit Risk Fund suitable for?The UTI Credit Risk Fund is ideal for those who want capital appreciation and build their debt portfolio in the long term.
7. UTI Short Term Income FundFund TypeDebt – Short Duration FundEntry LoadN/AExit LoadNilBenchmarkCRISIL Short Term Bond Fund IndexFund ManagerSudhir AgarwalRisk FactorModerateInvestment Objective of the UTI Short Term Income FundThe investment objective of the UTI Short Term Income Fund is to achieve reasonable income and steady capital growth with a high level of liquidity and low level of risk through investment in a portfolio consisting of debt and money market instruments.Who is the UTI Short Term Income Fund suitable for?The UTI Short Term Income Fund is ideal for those who want to strengthen their debt portfolio in the short to medium term, and for those who want liquidity in their investment plus steady returns in the short term.
8. UTI Dynamic Bond FundFund TypeDebt – Dynamic Bond FundEntry LoadN/AExit LoadIf any of the units are redeemed within a year from when they were allotted, the exit load charged shall be 1% of the applicable NAVBenchmarkCRISIL Composite Bond Fund IndexFund ManagerAmandeep ChopraRisk FactorModerateInvestment Objective of the UTI Dynamic Bond FundThe investment objective of the UTI Dynamic Bond Fund is to achieve reasonable returns with sufficient liquidity by actively managing a portfolio consisting of money market and debt securities.Who is the UTI Dynamic Bond Fund suitable for?The UTI Dynamic Bond Fund is ideal for those who want regular returns with a sufficient level of liquidity through investment in money market and debt securities.
9. UTI Bond FundFund TypeDebt – Medium to Long Duration FundEntry LoadN/AExit LoadNilBenchmarkCRISIL Composite Bond Fund IndexFund ManagerAmandeep ChopraRisk FactorModerateInvestment Objective of the UTI Bond FundThe investment objective of the UTI Bond Fund is to generate returns through investment in money market and debt securities. It also aims at retaining the flexibility of the investment.Who is the UTI Bond Fund suitable for?The UTI Bond Fund is ideal for those who want to strengthen their debt portfolio in the long term and capitalise on declining interest rates.
10. UTI Gilt FundFund TypeDebt – Gilt FundEntry LoadN/AExit LoadNilBenchmarkI-Sec Li-BEX IndexFund ManagerAmandeep ChopraRisk FactorModerateInvestment Objective of UTI Gilt FundThe investment objective of the UTI Gilt Fund is to achieve credit risk-free returns by investing in sovereign instruments offered by the State/Central Government.Who is the UTI Gilt Fund suitable for?The UTI Gilt Fund is ideal for those who want capital growth by capitalising on the declining interest rate environment.

Overnight and Liquid Funds Offered by UTI Mutual Fund

UTI Mutual Fund offers the following overnight and liquid funds:

1. UTI Liquid Cash PlanFund TypeDebt – Liquid FundEntry LoadN/AExit LoadNilBenchmarkCRISIL Liquid Fund IndexFund ManagerAmandeep Chopra and Amit SharmaRisk FactorLowInvestment Objective of the UTI Liquid Cash PlanThe investment objective of the UTI Liquid Cash Plan is to generate reasonable and steady income with a high level of liquidity and low level of risk through investment in a portfolio comprising debt and money market instruments.Who is the UTI Liquid Cash Plan suitable for?The UTI Liquid Cash Plan is ideal for those who want their investments to have a high level of liquidity.
2. UTI Overnight FundFund TypeDebt – Overnight FundEntry LoadN/AExit LoadNilBenchmarkI-Sec Si-BEX IndexFund ManagerAmandeep Chopra and Amit SharmaRisk FactorLowInvestment Objective of the UTI Overnight FundThe investment objective of the UTI Overnight Fund is to achieve credit risk-free returns through investment in Central Government instruments, call money, treasury bills, and repos.Who is the UTI Overnight Fund suitable for?The UTI Overnight Fund is ideal for those who want their investments to have a high level of liquidity.

Hybrid Funds Offered by UTI Mutual Fund

UTI Mutual Fund offers the following hybrid funds:

1. UTI Regular Savings FundFund TypeHybrid – Conservative Hybrid FundEntry LoadN/AExit LoadNilBenchmarkCRISIL MIP Blended IndexFund ManagerAmandeep Chopra and Ajay TyagiRisk FactorModerately highInvestment Objective of the UTI Regular Savings FundThe investment objective of the UTI Regular Savings Fund is to achieve regular income and capital growth by investing in fixed income instruments, and generating dividend income by investing in equity and equity-related securities.Who is the UTI Regular Savings Fund suitable for?The UTI Regular Savings Fund is ideal for those who want regular income through investment in fixed income instruments and equity and equity-related instruments.
2. UTI Hybrid Equity FundFund TypeHybrid – Aggressive Hybrid FundEntry LoadN/AExit LoadIf any of the units are redeemed within a year from when they were allotted, an exit load of 1% shall be applicableBenchmarkCRISIL Balanced Fund IndexFund ManagerV Srivatsa and Sunil PatilRisk FactorModerately highInvestment Objective of the UTI Hybrid Equity FundThe investment objective of the UTI Hybrid Equity Fund is to generate capital growth along with regular income through investment in a portfolio that comprises fixed income instruments and equity and equity-related instruments.Who is the UTI Hybrid Equity Fund suitable for?The UTI Hybrid Equity Fund is ideal for those who want capital growth in the long term through investment in fixed income instruments and equity and equity-related instruments.
3. UTI Arbitrage FundFund TypeHybrid – Arbitrage FundEntry LoadN/AExit LoadIf any of the units are redeemed within a month from when they were allotted, an exit load of 0.50% shall be applicableBenchmarkCRISIL Liquid Fund IndexFund ManagerAmit Sharma and Rajeev GuptaRisk FactorModerately lowInvestment Objective of the UTI Arbitrage FundThe investment objective of the UTI Arbitrage Fund is to provide dividend distribution to investors and generate capital growth via arbitrage opportunities that arise from the differences in prices between the derivatives and cash market. Investments under this fund are made mainly in equity and equity-related instruments and derivatives, and partly in debt instruments.Who is the UTI Arbitrage Fund suitable for?The UTI Arbitrage Fund is ideal for those who want to capitalise on arbitrage opportunities in equity markets.

Exchange Traded Funds Offered by UTI Mutual Fund

UTI Mutual Fund offers the following exchange traded funds:

1. UTI Sensex Exchange Traded FundFund TypeETF – Equity FundEntry LoadN/AExit LoadNilBenchmarkS&P BSE Sensex IndexFund ManagerKaushik Basu and Sharwan Kumar GoyalRisk FactorModerately highInvestment Objective of UTI Exchange Traded FundThe investment objective of UTI Exchange Traded Fund is to generate returns that are commensurate with the overall returns generated by the instruments represented in the S&P BSE Sensex Index.Who is the UTI Exchange Traded Fund suitable for?The UTI Exchange Fund is ideal for those who want their core equity portfolio to use a passive management strategy and achieve returns.
2. UTI Nifty Exchange Traded FundFund TypeETF – Equity FundEntry LoadN/AExit LoadNilBenchmarkNifty 50 IndexFund ManagerKaushik Basu and Sharwan Kumar GoyalRisk FactorModerately highInvestment Objective of UTI Nifty Exchange Traded FundThe investment objective of UTI Nifty Exchange Traded Fund is to generate returns that are commensurate with the overall returns of the instruments represented in the Nifty Next 50 Index.Who is the UTI Nifty Exchange Traded Fund suitable for?The UTI Nifty Exchange Traded Fund is ideal for those who want their core equity portfolio to use a passive management strategy and achieve returns.
3. UTI Gold Exchange Traded FundFund TypeETF – Commodity FundEntry LoadN/AExit LoadNilBenchmarkPrices of GoldFund ManagerRajeev GuptaRisk FactorModerately highInvestment Objective of UTI Gold Exchange Traded FundThe investment objective of UTI Gold Exchange Traded Fund is to generate returns that correspond with the yield and performance of gold.Who is the UTI Gold Exchange Traded Fund suitable for?The UTI Gold Exchange Traded Fund is ideal for those who want their core equity portfolio to use a passive management strategy and achieve returns.
4. UTI Nifty Next 50 Exchange Traded FundFund TypeETF – Equity FundEntry LoadN/AExit LoadNilBenchmarkNifty Next 50 IndexFund ManagerKaushik Basu and Sharwan Kumar GoyalRisk FactorModerately highInvestment Objective of UTI Nifty Next 50 Exchange Traded FundThe investment objective of UTI Nifty Next 50 Exchange Traded Fund is to generate returns that are commensurate with the overall returns of the instruments represented in the Nifty Next 50 Index.Who is the UTI Nifty Next 50 Exchange Traded Fund suitable for?The UTI Nifty Next 50 Exchange Traded Fund is ideal for those who want returns through investments in instruments at a relatively lower cost, and those who want growth opportunities for their investments by managing the portfolio in a passive manner.

New Fund Offers (NFOs) Offered by UTI Mutual Fund

UTI Mutual Fund offers the following NFOs:

1. UTI Fixed Term Income Fund Series XXIX – XIV (1131 Days)Fund TypeClose-ended Debt SchemeEntry LoadN/AExit LoadNilBenchmarkCRISIL Composite Bond Fund IndexFund ManagerSunil PatilRisk FactorModerateInvestment Objective of UTI Fixed Term Income Fund Series XXIX – XIV (1131 Days)The investment objective of UTI Fixed Term Income Fund Series XXIX – XIV (1131 Days) is to offer income for the tenure of the scheme (1131 days) through investment in money market/debt securities and government instruments.Who is the UTI Fixed Term Income Fund Series XXIX – XIV (1131 Days) for?The UTI Fixed Term Income Fund Series XXIX – XIV (1131 Days) is ideal for those who want regular income over the tenure of the scheme through investment in money market/debt securities and government instruments.
2. UTI Fixed Term Income Fund Series XXIX – XII (1122 Days)Fund TypeClose-ended Debt SchemeEntry LoadN/AExit LoadNilBenchmarkCRISIL Composite Bond Fund IndexFund ManagerSunil PatilRisk FactorModerateInvestment Objective of UTI Fixed Term Income Fund Series XXIX – XII (1122 Days)The investment objective of UTI Fixed Term Income Fund Series XXIX – XIV (1122 Days) is to provide investors with regular income over the tenure of the scheme (1122 days) through investment in money market/debt securities and government instruments.Who is the UTI Fixed Term Income Fund Series XXIX – XII (1122 Days) suitable for?The UTI Fixed Term Income Fund Series XXIX – XII (1122 Days) is ideal for those who want regular income over the tenure of the scheme through investment in money market/debt securities and government instruments.

Save Tax by Investing in Tax Saving Mutual Funds from UTI

UTI Mutual Fund offers a scheme that allows investors to avail tax benefits under Section 80C of the Income Tax Act, 1961. Here is the tax saving scheme you can avail from UTI Mutual Fund:

• UTI Long Term Equity Fund (Tax Saving)

Who is eligible for UTI Mutual Funds?

UTI Mutual Funds can be availed by the following set of entities:

• Residents
• NRIs
• Banking institutions
• Insurance companies
• Trusts
• Partnership firms
• HUFs
• Pension funds
• Foreign institutional investors
• Companies
• Public financial investors
• Parents/legal guardians for investment on behalf of minors

Documents Required for UTI Mutual Funds

The following documents will be required for investment in UTI Mutual Funds:

• Application form
• ID proof
• Address proof
• KYC documents

How to invest in UTI Mutual Funds online?

There are three ways through which you can invest in UTI Mutual Funds. You can either walk into one of the company’s 149 financial centres across the country and do it manually, or invest through an investment financial advisor, or invest online. Investing in UTI Mutual Funds online is a quick and simple process. You can start investing from anywhere provided you have an internet connection for your device. Just visit the company’s website and follow the steps as follow:

1. Click on ‘Start Investing Now’.
2. Select a category (equity/debt/liquid) and select the scheme from the options at your disposal before clicking on ‘Go’ to transact.
3. Fill the required applicant details such as name, email ID, telephone number, etc. and click on the check-box to agree to the terms and conditions. Then, click on ‘Save and Continue’.
4. Fill in the investment, bank and nomination details as requested and click on ‘Submit’ to proceed.
5. A confirmation screen will pop up, click on ‘Submit’ and proceed to make payment.
6. Fill in your payment details after which you will receive an email containing your username and password in your registered email address after which you can start transacting.

Why Choose UTI Mutual Funds?

UTI has built itself a strong reputation over the past 50 years or so and is considered the leading financial service institution in the country. The company has contributed significantly to capital and industrial growth in India through its provision of quality financial products and services. The asset management company of UTI has an extensive portfolio of mutual funds that cater to the investment requirements of all sorts of investors. It also boasts 150 branches across the country and employs some of the most experienced and expert fund managers to help generate desirable returns.

GST rate of 18% applicable for all financial services effective July 1, 2017.

FAQs on UTI Mutual Fund

1. Is it necessary for me to add nominees to my portfolio? While it is not necessary to add a nominee, adding one is considered good practice as your investment can be claimed by your loved ones in case of your unforeseen demise.
2. Who can I add as a nominee? Unlike life or health insurance policies that require only family members to be added as nominees or beneficiaries, mutual funds allow investors to add a maximum of three nominees, be it your family or friends. Trusts cannot be nominated unless they are charitable or religious. Even societies, partnership firms, body corporates, and Kartas of HUFs cannot be added as nominees.
3. How much of my returns will be given to my nominees? In case you have chosen only one nominee, 100% of the mutual fund shall be allocated to him/her. If you have chosen more than one nominee, you will have to choose the percentage of the fund that will be allocated to each nominee.
4. How do I go about the process of adding or removing a nominee? In order to add a nominee, you will be required to furnish your nomination form at the closest Karvy Investor Service Centre or UTI Financial Centre. If you have multiple nominees, each of them must sign the form regardless of how much percentage of the fund they hold. Nominees can be changed or removed by sending a letter to the closest UTI Financial Centre. You can only change or remove nominees if you had originally nominated someone on a single or joint basis.
5. What are exit loads? An exit load is a small fee charged by the mutual fund when an investor redeems units. In case you hold units of a mutual fund and wish to switch-out or redeem them, you may be charged a small amount based on the terms and conditions of the scheme. For example, a number of mutual fund schemes do not charge any exit load for redemptions after a year from the date of purchase of units. However, a fee of 1% of the applicable NAV is charged when redemptions are made within a year from the date on which the units were allotted.
6. What is switch? A switch is basically an option offered by a mutual fund for investors to transfer their investment from one scheme to another scheme provided both schemes are part of the same fund. A small fee is charged for switches.

Courtsey To : Bankbazaar

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Maria Stanly

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