UTI Balanced Advantage Fund Direct Growth

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.

1. UTI Balanced Advantage Fund Direct Growth has ₹2945 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
2. The fund has an expense ratio 0.8.
   

UTI Balanced Advantage Fund Direct Growth has given a CAGR return of 14.87% since inception. Over the last 1 year the fund has given a CAGR return of 11.32%.

UTI Balanced Advantage Fund Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Cash Equivalent, Consumer Cyclical, Tech, Consumer Defensive, Communication, Energy, Industrial, Basic Materials, Health, Utilities.

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The scheme intends to provide long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. UTI Balanced Advantage Fund Direct Growth has no lock in period.