UTI Mutual Fund
AUM
₹ 3,52,592 cr
AMC Age
22 Years
No. Of Schemes
623
UTI Asset Management Company is one of India's prominent asset management firms, offering diverse investment solutions tailored to individual needs. Backed by SBI, LIC, PNB, and Bank of Baroda, it boasts a solid performance history and a trusted reputation in the industry.
List of UTI Mutual Fund Schemes
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About UTI Mutual Fund
- About the Fund
- Key Information
- Types Of Funds
- Charges & Fees
- Risk Factors
Founded in 1963, UTI Mutual Fund is one of India’s earliest asset management companies, initially established as the Unit Trust of India by the Government of India. It was restructured in 2003 to become a SEBI-registered entity.
Key Features
- Provides a range of investment options, including mutual funds, ETFs, and index funds, catering to varied investor needs.
- Operates over 190+ Financial Service Centres and partners with 50,000+ certified advisors, ensuring nationwide accessibility.
- Supported by leading public sector institutions—SBI, PNB, BoB, and LIC—each holding an 18.24% stake.
- UTI Mutual Fund has the widest service outreach in India, reaching deep into rural and semi-urban areas.
- Managed by an experienced Board of Directors, ensuring strong governance and strategic growth.
Documents Required
To invest in UTI Mutual Fund, investors must complete the Know Your Customer (KYC) process and submit the required documents. Below is a list of documents based on investor type:
KYC Application Form
- Completed and signed CKYC application form
- In-Person Verification (IPV) – Mandatory for KYC compliance.
Bank Account Details
- Canceled cheque or bank statement for linking the investment account.
- Nomination Form (optional but recommended)
Proof of Identity (Any one of the following, self-attested):
- PAN Card (mandatory for investments above ₹50,000 per year)
- Aadhaar Card
- Passport
- Voter ID
- Driving License
- NREGA Job Card (duly signed by a State Government officer)
Proof of Address (Anyone, except PAN card):
- Aadhaar Card
- Passport
- Voter ID
- Driving License
- Utility Bills (not older than 3 months)
- Bank Account Statement/Passbook (not older than 3 months)
Investors are advised to contact UTI Mutual Fund’s customer service or visit its official website for any modifications, redemptions, or complaints.
UTI Mutual Fund Managers
Mr Deepak Kumar Chatterjee
Mr Dinesh Kumar Mehrotra
Mr Imtaiyazur Rahman
Mr Santosh Kumar
Mr. Flemming Madsen
How To Invest In UTI Mutual Fund With Choice?
UTI Mutual Fund FAQs
The best UTI Mutual Fund depends on your financial goals and risk appetite. Equity funds are ideal for long-term growth, debt funds offer stability, and hybrid funds balance risk and returns. With Choice, you can explore fund insights and research tools to make informed investment decisions.
UTI Mutual Funds are subject to taxation. Equity fund gains are taxed at 20% (short-term) and 12.5% (long-term if gains exceed 1.25 lakh annually). Debt fund gains are taxed as per your income slab. ELSS funds offer tax benefits under Section 80C, with deductions of up to 1.5 lakh per year.
For investing through Choice, you need a PAN card, Aadhaar, proof of identity, proof of address, and a linked bank account. Completing KYC is mandatory, and non-individual investors may require additional documents, which can be uploaded digitally.
The minimum investment varies by scheme. Generally, Systematic Investment Plans (SIPs) start at 500, while lump sum investments may require 5,000.
Returns are calculated based on Net Asset Value (NAV) using formulas like:
Returns (%) = [(Current NAV - Initial NAV) / Initial NAV] × 100
You can track fund performance through Choice FinX analytics.
Yes, UTI Mutual Fund allows switching between schemes. This can be done online via the UTI portal or Choice FinX, where you can compare fund performances before switching.
Charges may include Expense Ratios, Exit Loads, and Transaction Fees. Exit loads apply if you redeem units before the stipulated period, and expense ratios cover fund management costs.
No, a Demat account is not required to invest in mutual funds through Choice FinX. You can invest directly using your registered bank account and track holdings on the platform. Open a Demat account with Choice if you want to hold mutual fund units in electronic form.
You can download your statement from the UTI Mutual Fund website or request it via email. If investing through Choice FinX, you can easily access and manage your investment statements through the platform.
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