UTI Unit Linked Insurance Plan- Direct

UTI Unit Linked Insurance Plan- Direct is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sunil Patil, Ajay Tyagi. This fund gives you the benefit of diversification.

1. UTI Unit Linked Insurance Plan- Direct has ₹5449 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
2. The fund has an expense ratio 1.
   

UTI Unit Linked Insurance Plan- Direct has given a CAGR return of 9.42% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.30%, 11.21% and 13.46% respectively.

UTI Unit Linked Insurance Plan- Direct has allocated its funds majorly in Government, Financial Services, Corporate, Consumer Cyclical, Tech, Health, Communication, Basic Materials, Consumer Defensive, Industrial, Cash Equivalent.

As it is a balanced 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).

Investment objecve of the scheme is primarily to provide return through growth in the NAV or through dividend distribuon (IDCW) and reinvestment thereof. Amounts collected under the scheme shall generally be invested as follows: (a) Not less than 60% of the funds in debt instruments with low to medium risk profile. (b) Not more than 40% of the funds in equies and equity related instruments.

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. UTI Unit Linked Insurance Plan- Direct has no lock in period.