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UTI Mutual Fund

Unit Trust of India Mutual Fund is a sub section under the Unit Trust of India foundedin December 1963 as an act of the parliament. In the past half century, the UTI Mutual Fund has stood like a lighthouseamongst fund houses and been another name forconsistent growth and customer support. As of now UTI MF has 1,000+ mutual fund policies that offervarious pay-out options to around 100 centres across the country.

The basis for sustainable growth at UTI Mutual Fund

  • Its focus is to deliver the maximum to the investor with chancesof investment with profit in mutual funds, without market swing threats.

  • Backed by a team of highly skilled fund managers, UTI controls portfolio risks to assist investors against the latest whimsand towards steady gain.

  • The mutual fund products offered at UTI MF are designed with investor-centric approach.

Types of Funds offered by UTI Mutual Fund

UTI has on offer, a large variety of mutual fund instruments that serve to everyone’s investment parameters. Read on.

Equity Funds

The investment objective of UTI Equity Fund is to generate capital growth through investment in equity shares as well as debentures/bonds (non-convertible and convertible) of companies whose potential for growth is high. It also makes investments in money market securities.

Debt Funds

UTI Income Funds bring regular income to the investor. These funds are considered “safe” funds as investment is generally done in fixed income securities such as bonds, corporate debentures, Government securities and money market instruments. It should be noted that the debt-oriented funds by UTI carry less threats of market swing when compared to the equity policies. This is mostly because these funds are not influenced by anyequity market inconsistency.

Overnight and Liquid Funds

The investment objective of the UTI Liquid Cash Plan is to generate reasonable and steady income with a high level of liquidity and low level of risk through investment in a portfolio comprising debt and money market instruments.

Hybrid Funds

The investment objective of the UTI Hybrid Equity Fund is to generate capital growth along with regular income through investment in a portfolio that comprises fixed income instruments and equity and equity-related instruments.

Mutual Funds offered by UTI

Tax Saving Mutual Funds from UTI

UTI Mutual Fund offers a scheme that allows investors to avail tax benefits under Section 80C of the Income Tax Act, 1961. Here is the tax saving scheme you can avail from UTI Mutual Fund- UTI Long Term Equity Fund (Tax Saving)

Who is Eligible for UTI Mutual Funds?

UTI Mutual Funds can be availed by the following set of entities:

  • Residents
  • NRIs
  • Banking institutions
  • Insurance companies
  • Trusts
  • Partnership firms
  • HUFs
  • Pension funds
  • Foreign institutional investors
  • Companies
  • Public financial investors
  • Parents/legal guardians for investment on behalf of minors

Features of UTI Mutual Funds

  • UTI equity funds are intended to provide long-term capital appreciation.

  • A large segment of the amount is equities investment and other such instruments.

  • Equity funds are suitable for investors with high risk appetite and are offered with various options, such as dividend option and capital appreciation.

  • Allows for the investors to replace the pay-out options at a later time.

Documents Required for UTI Mutual Funds

The following documents will be required for investment in UTI Mutual Funds:

  • Application form
  • ID proof
  • Address proof
  • KYC documents

Funds Manager at UTI MF

  • Swati Kulkarni. A CFA with 20 years of professional experience and been with UTI since 2004.
  • Sanjay Dongre UTI AMC 1994.
  • Lalit Nambiar has a CFA charter.
  • Kaushik Basu has completed CS - CAIIB – Part I. Also, a Member of Cost and Works Accountant of India.
  • Sachin Dinesh Trivedi holds a CFA charter.

FAQs on UTI Mutual Fund

How much of my returns will be given to my nominees?

In case you have chosen only one nominee, 100% of the mutual fund shall be allocated to him/her. If you have chosen more than one nominee, you will have to choose the percentage of the fund that will be allocated to each nominee.

What is switch?

A switch is basically an option offered by a mutual fund for investors to transfer their investment from one scheme to another scheme provided both schemes are part of the same fund. A small fee is charged for switches.

Is it necessary for me to add nominees to my portfolio?

While it is not necessary to add a nominee, adding one is considered a good practice as your investment can be claimed by your loved ones in case of your unforeseen demise.

How do I buy UTI Mutual Fund plan online?

You can head to the UTI official site to purchase mutual funds online.

How do I contact UTI Mutual Fund Company?

Karvy Computershare Pvt. Ltd Unit: UTI Mutual Fund Karvy Selenium Tower B| Plot Nos. 31 & 32 | Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad - 500032

How do I login to the UTI Mutual Fund Company website?

www.utimf.com/portal/signup

What is UTI Mutual Fund Company's Contact Number?

1800221230, 022-26546200

What type of investor should invest in a small cap scheme?

This should be an investor willing to take risk.

Which UTI mutual fund scheme should I invest in?

UTI has on offer, a large variety of mutual fund schemes that serve to everyone’s investment parameters. One can choose from Equity Funds, Debt Funds, Overnight and Liquid Funds, Hybrid Funds.

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