How to Invest in UTI Balanced Advantage Fund Direct Growth?

You can easily invest in UTI Balanced Advantage Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for UTI Balanced Advantage Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in UTI Balanced Advantage Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does UTI Balanced Advantage Fund Direct Growth provide?

The UTI Balanced Advantage Fund Direct Growth has been there from 10 Aug 2023 and the average annual returns provided by this fund is NA% since its inception.

How much expense ratio is charged by UTI Balanced Advantage Fund Direct Growth?

The term Expense Ratio used for UTI Balanced Advantage Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of UTI Balanced Advantage Fund Direct Growth is 0.49% as of 04 Dec 2023...

What is the AUM of UTI Balanced Advantage Fund Direct Growth?

The AUM, short for Assets Under Management of UTI Balanced Advantage Fund Direct Growth is ₹2,376.53Cr as of 04 Dec 2023.

How to Redeem UTI Balanced Advantage Fund Direct Growth?

If you want to sell your UTI Balanced Advantage Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of UTI Balanced Advantage Fund Direct Growth?

You can select either SIP or Lumpsum investment of UTI Balanced Advantage Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of UTI Balanced Advantage Fund Direct Growth?

The NAV of UTI Balanced Advantage Fund Direct Growth is ₹10.45 as of 01 Dec 2023.

What is the PE and PB ratio of UTI Balanced Advantage Fund Direct Growth?

The PE ratio ratio of UTI Balanced Advantage Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

UTI Balanced Advantage Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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UTI Balanced Advantage Fund Direct Growth
Hybrid
Dynamic Asset Allocation
Very High Risk
1M
All
 NAV: 01 Dec 2023₹10.45
Min. SIP amount₹500
RatingNA
Fund size₹2,376.53Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Dynamic Asset Allocation
Absolute returns
3M3M6MAll
Fund returns2.7%2.7%NA2.8%
Category averageNANANANA
Rank with in category2222NANA
Understand terms
Holdings (63)NameSectorInstrumentAssets
GOI
SovereignGOI Sec9.4%
GOI
SovereignGOI Sec6.3%
HDFC Bank Ltd.
FinancialEquity6.3%
ICICI Bank Ltd.
FinancialEquity5.3%
Tata Consultancy Services Ltd.
TechnologyEquity3.1%
Larsen & Toubro Ltd.
ConstructionEquity3.1%
Power Finance Corporation Ltd.
FinancialNCD3.1%
Infosys Ltd.
TechnologyEquity3.1%
Kotak Mahindra Bank Ltd.
FinancialCD3.1%
Reliance Industries Ltd.
EnergyEquity2.4%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
0.49%
23 Nov 2023 - 24 Nov 2023
0.49%
22 Nov 2023 - 23 Nov 2023
0.49%
20 Nov 2023 - 22 Nov 2023
0.49%
17 Nov 2023 - 20 Nov 2023
0.49%
16 Nov 2023 - 17 Nov 2023
0.49%
15 Nov 2023 - 16 Nov 2023
0.49%
13 Nov 2023 - 15 Nov 2023
0.49%
10 Nov 2023 - 13 Nov 2023
0.49%
09 Nov 2023 - 10 Nov 2023
0.49%
07 Nov 2023 - 09 Nov 2023
0.49%
06 Nov 2023 - 07 Nov 2023
0.49%
03 Nov 2023 - 06 Nov 2023
0.50%
02 Nov 2023 - 03 Nov 2023
0.50%
01 Nov 2023 - 02 Nov 2023
0.50%
31 Oct 2023 - 01 Nov 2023
0.50%
30 Oct 2023 - 31 Oct 2023
0.50%
27 Oct 2023 - 30 Oct 2023
0.50%
26 Oct 2023 - 27 Oct 2023
0.50%
25 Oct 2023 - 26 Oct 2023
0.50%
23 Oct 2023 - 25 Oct 2023
0.50%
20 Oct 2023 - 23 Oct 2023
0.50%
19 Oct 2023 - 20 Oct 2023
0.50%
18 Oct 2023 - 19 Oct 2023
0.50%
17 Oct 2023 - 18 Oct 2023
0.49%
16 Oct 2023 - 17 Oct 2023
0.49%
13 Oct 2023 - 16 Oct 2023
0.49%
12 Oct 2023 - 13 Oct 2023
0.50%
11 Oct 2023 - 12 Oct 2023
0.50%
10 Oct 2023 - 11 Oct 2023
0.50%
09 Oct 2023 - 10 Oct 2023
0.50%
06 Oct 2023 - 09 Oct 2023
0.50%
05 Oct 2023 - 06 Oct 2023
0.50%
04 Oct 2023 - 05 Oct 2023
0.50%
03 Oct 2023 - 04 Oct 2023
0.50%
30 Sep 2023 - 03 Oct 2023
0.50%
29 Sep 2023 - 30 Sep 2023
0.50%
27 Sep 2023 - 29 Sep 2023
0.50%
26 Sep 2023 - 27 Sep 2023
0.50%
25 Sep 2023 - 26 Sep 2023
0.50%
22 Sep 2023 - 25 Sep 2023
0.50%
21 Sep 2023 - 22 Sep 2023
0.50%
20 Sep 2023 - 21 Sep 2023
0.50%
18 Sep 2023 - 20 Sep 2023
0.50%
15 Sep 2023 - 18 Sep 2023
0.50%
14 Sep 2023 - 15 Sep 2023
0.50%
13 Sep 2023 - 14 Sep 2023
0.50%
12 Sep 2023 - 13 Sep 2023
0.50%
11 Sep 2023 - 12 Sep 2023
0.50%
08 Sep 2023 - 11 Sep 2023
0.50%
07 Sep 2023 - 08 Sep 2023
0.50%
06 Sep 2023 - 07 Sep 2023
0.50%
05 Sep 2023 - 06 Sep 2023
0.50%
04 Sep 2023 - 05 Sep 2023
0.50%
01 Sep 2023 - 04 Sep 2023
0.51%
31 Aug 2023 - 01 Sep 2023
0.51%
Expense ratio, exit load and taxExpense ratio: 0.49%Inclusive of GST
Exit loadExit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementAnurag Mittal
Jul 2023 - Present
View details
Education
Mr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science.
Experience
Prior to joining IDFC AMC, he worked with HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).
Also manages these schemes
Bandhan Liquid Fund Direct Plan Growth
Bandhan Low Duration Fund Direct Growth
Bandhan Money Manager Fund Direct Growth
Bandhan Regular Savings Fund Direct Plan Growth
UTI Money Market Fund Direct Growth
UTI Low Duration Fund Direct Growth
Bandhan Banking & PSU Debt Fund Direct Growth
UTI Banking & PSU Fund Direct Growth
Bandhan Corporate Bond Fund Direct Growth
Bandhan Hybrid Equity Fund Direct Growth
IDFC Fixed Term Plan Series 149 Direct Growth
UTI Corporate Bond Fund Direct Growth
IDFC Fixed Term Plan Series 160 Direct Growth
IDFC Fixed Term Plan Series 177 Direct Growth
Bandhan Floating Rate Fund Direct Growth
Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Growth
Bandhan CRISIL IBX Gilt April 2028 Index Fund Direct Growth
UTI Gilt Fund with 10 year Constant Duration Direct Growth
UTI Balanced Advantage Fund Direct Growth
Sachin Trivedi
Jul 2023 - Present
View details
Education
Mr. Sachin Trivedi is a CFA.
Experience
He began his career in June 2001, with UTI AMC. He has more than 13 years of experience in research and portfolio management. Presently, he leads the Equity research in the capacity of Head – Research. He is also a fund manager
Also manages these schemes
UTI Infrastructure Fund Direct Growth
UTI Transportation and Logistics Fund Direct Growth
UTI Focussed Equity Fund Series I (2195 Days) Direct Growth
UTI Focussed Equity Fund Series IV (1104 Days) Direct Growth
UTI Long Term Advantage Fund Series VI Direct Growth
UTI Focussed Equity Fund Series V (1102 Days) Direct Growth
UTI Long Term Advantage Fund Series VII Direct Growth
UTI Focussed Equity Fund Series VI (1150 Days) Direct Growth
UTI Balanced Advantage Fund Direct Growth
Deepesh Agarwal
Jul 2023 - Present
View details
Education
Mr. Agarwal is B.Com, C.A and CFA.
Experience
Prior to joining UTI Mutual Fund, he has worked with Ambit Capital, Hexaware Technologies, Mahajan & Aibara and MVK Associates.
Also manages these schemes
UTI Nifty 50 Index Fund Direct Growth
UTI Arbitrage Fund Direct Growth
UTI Nifty Next 50 Index Fund Direct Growth
UTI Corporate Bond Fund Direct Growth
UTI Equity Savings Fund Direct Growth
UTI Small Cap Fund Direct Growth
UTI Focused Fund Direct Growth
UTI Balanced Advantage Fund Direct Growth
UTI Innovation Fund Direct Growth
Fund house & investment objective
UTI Mutual Fund
Rank (total assets)#8 in India
Total AUM₹2,58,722.96Cr
Date of Incorporation14 Nov 2002
 UTI Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 14 Nov 2002. Deepesh Agarwal is the Current Fund Manager of UTI Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,58,723 Cr and the Latest NAV as of 01 Dec 2023 is ₹10.45.
The UTI Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
;
Investment ObjectiveThe scheme seeks to provide long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments.
;
Fund benchmarkNIFTY 50 Hybrid Composite debt 50:50 Index
Scheme Information Document(SID)
Fund house contact details
Address
UTI Tower, Plot C-1, GN Block,Banrda Kurla Complex, Bandra (East) Mumbai 400051
Phone
0263 2296993
Launch Date
14 Nov 2002
E-mail
NA
Website
www.utimf.com
UTI Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
UTI Balanced Advantage Fund Direct Growth
VS
Add mutual fund to compare

	3M	3M	6M	All
Fund returns	2.7%	2.7%	NA	2.8%
Category average	NA	NA	NA	NA
Rank with in category	22	22	NA	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	9.4%
GOI	Sovereign	GOI Sec	6.3%
HDFC Bank Ltd.	Financial	Equity	6.3%
ICICI Bank Ltd.	Financial	Equity	5.3%
Tata Consultancy Services Ltd.	Technology	Equity	3.1%
Larsen & Toubro Ltd.	Construction	Equity	3.1%
Power Finance Corporation Ltd.	Financial	NCD	3.1%
Infosys Ltd.	Technology	Equity	3.1%
Kotak Mahindra Bank Ltd.	Financial	CD	3.1%
Reliance Industries Ltd.	Energy	Equity	2.4%

Rank (total assets)	#8 in India
Total AUM	₹2,58,722.96Cr

Date of Incorporation	14 Nov 2002

Fund benchmark	NIFTY 50 Hybrid Composite debt 50:50 Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	NA
Fund size	₹2,376.53Cr

UTI Balanced Advantage Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (63)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.49%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Anurag MittalJul 2023 - PresentView details

Sachin TrivediJul 2023 - PresentView details

Deepesh AgarwalJul 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Anurag Mittal
Jul 2023 - Present
View details

Sachin Trivedi
Jul 2023 - Present
View details

Deepesh Agarwal
Jul 2023 - Present
View details