UTI Mutual Fund

In 2003, the Unit Trust of India was bifurcated into two components- the SUUTI and the UTI Mutual Funds or UTIMF.
All UTI Mutual Funds are managed by the UTI Asset Management Company Ltd. The 4 big partners- State Bank of India, the PNB or Punjab National Bank, Bank of Baroda, and the Life Insurance Corporation of India each holds 18.24% of the shares in the UTIMF.
A significant share of 26% is held by the T Rowe Price Group Inc, also known as the TRP Grou, and controlled by its subsidiary – T Rowe Price Global Investment Services Ltd.
The UTI Mutual Fund is precedes most renowned Mutual Funds in India. Its investors number nearly 11 million and there are over 250 plans currently operational with a total AuM of nearly Rs 1.59 Lakh Crore.
What makes these offers attractive is their distribution. There is no other provider of Mutual Funds in India with a larger outreach of services. Even the best UTI Mutual Funds reach out to most of rural and semi-urban regions of India.
There are over 50,000 AMFI and NSFM certified Independent Advisors on Finance who are spread all over the country who work on behalf of UTI Mutual Funds. There are over 200 full-time Financial Service Centres too.

The UTI Mutual Fund persists as a pioneer in the industry in the domestic sector. It was the first to offer a Unit Linked Insurance Plan or ULIP in 1971 with added life and accident cover. It also reached another milestone in 1986 with what was India’s first Offshore fund, called simply the ‘India Fund.’
One of the feats achieved by the UTI Asset Management company was to create the UTI Wealth Builder Fund which links two separate but closely related asset classes- Gold and Equity. Thanks to the huge number of subscribers, the UTI Mutual Fund is still going strong in the Indian market.
The fund managers at UTI Asset Management, which manages the Mutual Funds, have divested widely and are involved in a wide array of businesses including retirement solutions, portfolio management solutions, International Banking and alternative assets management.

Key information

How can you invest in UTI Mutual Funds?

Invest in the UTI Mutual fund is very easy and simple. You can do it by yourself by just sign up on Welathdirect.in website or you can call us, the best financial advisor in Delhi/NCR. Our consultant helps you in selecting the best fund as per your goals. Finacial consultant will helps you identify the best growing sectors in Indian economy that will lead you to get maximum returns with less risk factors associated. To connect with best financial advisors in India, please follow the steps below :
Step 1: Click on Sign Up link. Fill your information.
Step 2: Our executive will get in touch with to have one meeting on call or physical.
Step 3: Our experts will suggest you best funds based on the future goals you may have.
Step 4: Once done, you can check your portfolio directly from wealthdirect.in just by login with your credentials.

Top Fund Managers

1. Mr. Ajay Tyagi

Mr. Tyagi is one of the country’s most redoubtable fund managers who serves as the Executive Vice President and Fund Manager of Equity at UTI Mutual Fund. He is a lifetime member of The CFA Institute and is a Chartered Financial Accountant himself. He also has a Master’s degree in Finance from Delhi University.
He joined the UTI family in 2000.

2. Mr. Kausik Basu

Mr. Basu serves as the Fund Manager of Equity and also as an Executive Vice President or EVP of UTI Asset Management Company. He completed his graduation and post-graduation from the University of Calcutta and also has a background in law. Mr. Basu is a senior member of the Institute of Cost Accountants of India or ICAI. He brings 32 years of knowledge and achievements to the UTI Mutual Funds.
From 1984 to 1999, Basu worked with the Calcutta Regional Office of UTI in various executive capacities. He has also served at the headquarters of the UTI Group of companies at various senior levels.
His 20 years of experience in the Domestic Equity market has also managed to earn him a considerable reputation in India and abroad.

3. Mr. Ritesh Nambiar

Mr. Nambiar is currently the Senior Vice President of UTI Mutual Funds and also serves as a Senior Fund Manager for UTI’s Credit Risk Fund.Mr. Nambiar has several years of experience in working with corporations like TransMarket Group and CRISIL Research where he worked in the fixed income valuation, Global Fixed Income Variation and Index creation.
Mr. Nambiar completed his BMS and MMS in Finance from the University of Mumbai. He is also a CFA Charterholder and has completed a course in Financial Risk Management from the CFA Institute and GARP. From 2008, he has been actively associated with the UTI Asset Management Company.
Mr. Nambiar is also a very senior researcher of the Indian BFSI segment and acts as an advisor to the Fund Management body.

4. Mr. Sharwan Kumar Goyal

He is a qualified CFA and a full-time member of the CFA Institute. Mr. Goyal is a Post-Graduate in Management from the Welingkar Institute of Management Development & Research.
He started working with UTI in 2006. With over 11 years of experience in Risk Management, Equity Management and Portfolio Analysis, Mr. Goyal currently also heads the Overseas Investments division as the Chief Fund Manager.

UTI Transportation and Logistics Fund Growth

Fund Objective: Investment objective is capital appreciation through investments in the stocks of the companies engaged in the transportation and logistics sector.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -25.61% returns in the last 1 year.

UTI Overnight Fund Growth

Fund Objective: Aims to mobilise super annulations and provident funds and invest them in risk free securities.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.16% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹1,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Debt mutual fund in India.

UTI Regular Savings Fund Growth

Fund Objective: To generate regular income through investments in fixed income securities and capital appreciation through investment of portion of assets of the scheme in equity and equity related instruments so as to endeavour to make periodic income distribution to unit holders

UTI Gilt Fund Growth

Fund Objective: To generate credit risk-free return through investment in sovereign securities issued by the Central Government and / or a State Government of varying maturity to suit the investment plans.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 15.34% returns in the last 1 year.

UTI MNC Fund Growth

Fund Objective: Aims to be a pure growth fund by predominantly investing in multinational companies and other liquid stocks.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -10.22% returns in the last 1 year.

UTI Money Market Fund Growth

Fund Objective: Aims to provide easy and high liquidity in short periods.

UTI Ultra Short Term Fund Growth

Fund Objective: To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns and fixed rate debt securities and money market instruments.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.79% returns in the last 1 year.

UTI Nifty Index Fund Growth

Fund Objective: The fund aims to invest in stocks listed in S & P Index in same weight age as in S & P Index
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -2.27% returns in the last 1 year.