UTI Multi Asset Allocation Fund Direct Growth

UTI Multi Asset Allocation 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. V Srivatsa is the Current Fund Manager of UTI Multi Asset Allocation 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 ₹61.75. The UTI Multi Asset Allocation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load of 1% if units in excess of 10% are redeemed or switched-out within 12 months ;

Investment Objective

The Scheme seeks to achieve long term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related instruments. The fund also invests in debt and money market instruments with a view to generate regular income. The fund also invests in Gold ETFs. The portfolio allocation is managed dynamically. ;