UTI Balanced Advantage Fund Direct Growth

UTI Balanced Advantage Fund Direct Growth

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Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 10.2 as on 21-09-2023

Fund Performance
zero opening, trading, fund transfer fee
300 people have invested ₹ 41.3L in UTI Balanced Advantage Fund Direct Growth in the last three months

About the Fund

UTI Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 10 August, 2023. The fund is managed by Sachin Trivedi, Anurag Mittal. This fund gives you the benefit of diversification.

Key Parameters

  1. UTI Balanced Advantage Fund Direct Growth has ₹2297 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
  2. The fund has an expense ratio 0.

UTI Balanced Advantage Fund Direct Growth Overview

Expense ratio
Expense ratio
--
Benchmark
Benchmark
Nifty 50 Hybrid Composite Debt 50:50
AUM
AUM
₹2297 Cr
Inception Date
Inception Date
10 August, 2023
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution as on (31-Aug-23)

  • Equity 65.5%

  • Debt & Cash 34.5%

Size breakup

Large cap
57.8%
Mid cap
6.2%
Small cap
1.4%

Sector Allocation

Aug'23

Jul'23

Financial Services

31.7%

Consumer Cyclical

13%

Tech

12.9%

Industrial

10.3%

Consumer Defensive

8.5%

Basic Materials

6.3%

Energy

4.8%

Communication

4.7%

Health

4.5%

Utilities

3.3%

Top Holdings of UTI Balanced Advantage Fund Direct Growth as on (31-Aug-23)

  • Equity

  • Debt & Cash

Equity Holdings54
Debt Holdings6

UTI Balanced Advantage Fund Direct Growth Fund Manager

Sachin Trivedi

Sachin Trivedi

Fund Manager of UTI Balanced Advantage Fund Direct Growth, since 10 August 2023
Anurag Mittal

Anurag Mittal

Fund Manager of UTI Balanced Advantage Fund Direct Growth, since 10 August 2023

Fund Highlights

Risk meter
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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered returns of 2.17% since inception (10nd Aug 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 65.49% in Equity, 21.73% in Debt and 12.78% in Cash related instruments
AUM size ₹2297 Cr

AUM size ₹2297 Cr

This fund has AUM of ₹2297 Cr which is less than its category average of ₹ 7879 Cr

Frequently Asked Questions

The current NAV of UTI Balanced Advantage Fund Direct Growth is ₹10.16 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
UTI Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.91%
2.91%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
₹2297 Cr as on August 2023
7.06% Govt Stock 2028(8.67%), 7.38% Govt Stock 2027(6.58%), HDFC Bank Ltd(6.52%), ICICI Bank Ltd(5.75%), Infosys Ltd(3.22%) as on August 2023
Financial Services(20.77%), Government(15.25%), Cash Equivalent(9.63%) as on August 2023
Sachin Trivedi, Anurag Mittal are the fund managers of UTI Balanced Advantage Fund Direct Growth
The Exit load of UTI Balanced Advantage Fund Direct Growth is 1%