Top 10 Uti Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
UTI Nifty Index FundOthersModerately High-3.5%star1,408
UTI Transportation and Logistics FundEquityHigh-32.3%star1,355
UTI Liquid Cash PlanDebtLow7.5%star37,505
UTI Transportation and Logistics FundEquityHigh-33.1%star1,355
UTI Money Market FundDebtLow8.8%star5,786
UTI Equity FundEquityModerately High-9.0%star9,496
UTI Children’s Career Fund – Savings PlanSolution OrientedModerately High-4.2%star3,594
UTI Children’s Career Fund – Savings PlanSolution OrientedModerately High-4.4%star3,594
UTI Treasury Advantage FundDebtModerately Low-3.9%star2,547
UTI Nifty Next 50 Index FundOthersModerately High-13.3%star395
UTI Short Term Income FundDebtModerate-3.8%star2,333
UTI Nifty Index FundOthersModerately High-3.6%star1,408
UTI Bluechip Flexicap FundEquityModerately High24.3%star2,306
UTI Retirement Benefit Pension Fund (RBP)Solution OrientedModerately High-4.9%star2,722
UTI Hybrid Equity FundHybridModerately High-6.2%star5,474
View All Top 10 Uti Mutual Funds

UTI Mutual Fund

In 2003, the Unit Trust of India was bifurcated into two components- the SUUTI and the UTI Mutual Funds or UTIMF. The UTI Mutual Fund was registered with the SEBI on the First of February 2003.

4 of the largest PSU banks now back this Mutual Fund.

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.

One of the most popular and long-running Mutual Fund schemes is the UTI Mastershare, which was launched by the then-extant UTI in 1986.

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.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

UTI Nifty Index Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Index segment and provided 8.84% annualized returns in the last 3 years. In the last 1 year, it gave -3.55% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.55% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Others mutual fund in India.

Fund Manager: Kaushik Basu

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM1,408Cr
1Y Returns-3.5%

UTI Transportation and Logistics Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided -5.02% annualized returns in the last 3 years. In the last 1 year, it gave -32.32% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -32.32% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Sachin Trivedi

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM1,355Cr
1Y Returns-32.3%

UTI Liquid Cash Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.15% annualized returns in the last 3 years. In the last 1 year, it gave 7.5% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.5% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Debt mutual fund in India.

Fund Manager: Amandeep Chopra, Amit Sharma

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM37,505Cr
1Y Returns7.5%

UTI Transportation and Logistics Fund Regular Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Sectoral/Thematic segment and provided -6.15% annualized returns in the last 3 years. In the last 1 year, it gave -33.11% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -33.11% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Sachin Trivedi

Launch Date09 Mar 2004
Min Investment AmtNaN
Groww Ratingstar
AUM1,355Cr
1Y Returns-33.1%

UTI Money Market Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Money Market segment and provided 7.64% annualized returns in the last 3 years. In the last 1 year, it gave 8.78% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.78% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Debt mutual fund in India.

Fund Manager: Amandeep Chopra, Amit Sharma

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM5,786Cr
1Y Returns8.8%

UTI Equity Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 6.89% annualized returns in the last 3 years. In the last 1 year, it gave -8.98% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -8.98% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ajay Tyagi

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM9,496Cr
1Y Returns-9.0%

UTI Children's Career Fund-Savings Plan Direct Plan

Fund Performance: This fund has consistently beaten its benchmark in Children's segment and provided 4.41% annualized returns in the last 3 years. In the last 1 year, it gave -4.24% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -4.24% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Solution Oriented mutual fund in India.

Fund Manager: Amandeep Chopra, Kaushik Basu

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM3,594Cr
1Y Returns-4.2%

UTI Children's Career Fund-Savings Plan Regular Plan

Fund Performance: This fund has consistently beaten its benchmark in Children's segment and provided 4.22% annualized returns in the last 3 years. In the last 1 year, it gave -4.41% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -4.41% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Solution Oriented mutual fund in India.

Fund Manager: Amandeep Chopra, Kaushik Basu

Launch Date12 Jul 1993
Min Investment AmtNaN
Groww Ratingstar
AUM3,594Cr
1Y Returns-4.4%

UTI Treasury Advantage Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Low Duration segment and provided 3.53% annualized returns in the last 3 years. In the last 1 year, it gave -3.91% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.91% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Debt mutual fund in India.

Fund Manager: Sudhir Agrawal

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM2,547Cr
1Y Returns-3.9%

UTI Nifty Next 50 Index Fund Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Index segment and provided NA annualized returns in the last 3 years. In the last 1 year, it gave -13.34% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -13.34% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Others mutual fund in India.

Fund Manager: Kaushik Basu, Sharwan Kumar Goyal

Launch Date29 Jun 2018
Min Investment AmtNaN
Groww Ratingstar
AUM395Cr
1Y Returns-13.3%

UTI Short-term Income Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 3.46% annualized returns in the last 3 years. In the last 1 year, it gave -3.76% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.76% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Debt mutual fund in India.

Fund Manager: Sudhir Agrawal

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM2,333Cr
1Y Returns-3.8%

UTI Nifty Index Fund Regular Plan-Growth

Fund Performance: This fund has consistently beaten its benchmark in Index segment and provided 8.75% annualized returns in the last 3 years. In the last 1 year, it gave -3.62% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -3.62% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Others mutual fund in India.

Fund Manager: Kaushik Basu

Launch Date14 Feb 2000
Min Investment AmtNaN
Groww Ratingstar
AUM1,408Cr
1Y Returns-3.6%

UTI Bluechip Flexicap Fund Direct-Growth

Fund Performance: This fund has consistently beaten its benchmark in Multi Cap segment and provided 12.97% annualized returns in the last 3 years. In the last 1 year, it gave 24.33% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 24.33% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Equity mutual fund in India.

Fund Manager: Ajay Tyagi

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM2,306Cr
1Y Returns24.3%

UTI Retirement Benefit Pension Fund Direct

Fund Performance: This fund has consistently beaten its benchmark in Retirement segment and provided 4.62% annualized returns in the last 3 years. In the last 1 year, it gave -4.88% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -4.88% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Solution Oriented mutual fund in India.

Fund Manager: V Srivatsa, Amandeep Chopra

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM2,722Cr
1Y Returns-4.9%

UTI Hybrid Equity Fund Direct Fund-Growth

Fund Performance: This fund has consistently beaten its benchmark in Aggressive segment and provided 5.11% annualized returns in the last 3 years. In the last 1 year, it gave -6.19% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -6.19% returns in the last 1 year. Groww rated this fund as Star. This is one of the best Hybrid mutual fund in India.

Fund Manager: V Srivatsa

Launch Date01 Jan 2013
Min Investment AmtNaN
Groww Ratingstar
AUM5,474Cr
1Y Returns-6.2%

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

Sign Up

How can you invest in UTI Mutual Funds?

<p>Investing in any <strong>UTI Mutual Fund</strong> is easy when you have your own Groww account. You can easily look up the various active Funds offered. Registering for a Groww account is free and does not take too much time or documentation.</p> <p>These are the steps you need to remember.</p> <p>Step 1: Login to your personal Groww account to access UTI <strong>Mutual Funds online</strong>.</p> <p>Step 2: Upload all necessary identifying documents which are the usual KYC norms for any financial establishment. Identity proof documents may include your passport, ID issued by the Central or State Governments, Aadhaar, PAN, a valid Voter’s ID, a valid Driver’s license issued by any of the states or Union Territories, among others.</p> <p>Step 3: Upload any document which mentions your permanent address as a form of address proof.</p> <p>Step 4: Determine the total length of your intended investment.</p> <p>Step 5: Determine the level of acceptable risk- high, low or medium.</p> <p>Step 6: Select the appropriate UTI Mutual Fund according to your specifications.</p> <p>Step 7: If you wish to invest a one-time lump sum amount, click on “Invest One Time.” Else, if you plan to start an SIP or a Systematic Investment Plan, click on “Start SIP”.</p> <p>Step 8: The entire process takes about 1-2 working days, at the end of which the <strong>UTI Mutual Fund India</strong> you have purchased will reflect on your Groww account.</p>

Top Fund Managers

<p style={{fontSize: 16}}><strong>1. Mr. Ajay Tyagi</strong></p> <p>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.</p> <p>He joined the UTI family in 2000.</p> <p>Mr. Tyagi has an excellent record in equity research and funds management. Before assuming his present responsibilities, Mr. Tyagi donned the mantle of the Assistant Fund Manager of the Offshore Funds Division.</p> <p>He also serves as a permanent advisor on a number of India-specific funds which are parked overseas.</p> <p style={{fontSize: 16}}><strong>2. Mr. Kausik Basu</strong></p> <p>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 <strong>UTI Mutual Funds</strong>.</p> <p>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.</p> <p>Basu has also worked as an Assistant Fund Manager of various UTIMF products including the UTI Opportunity and Wealth Builder Funds. His 20 years of experience in the Domestic Equity market has also managed to earn him a considerable reputation in India and abroad.</p> <p style={{fontSize: 16}}><strong>3. Mr. Ritesh Nambiar</strong></p> <p>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 is credited with creating two of the most successful products of the UTIMF portfolio- the Ultra Short Term and Medium Term Mutual Funds.</p> <p>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.</p> <p>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.</p> <p>Mr. Nambiar is also a very senior researcher of the Indian BFSI segment and acts as an advisor to the Fund Management body.</p> <p style={{fontSize: 16}}><strong>4. Mr. Sharwan Kumar Goyal</strong></p> <p>Sharwan Kumar Goyal is currently the Vice President and the Chief Fund Manager of Equity. 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.</p> <p>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.</p> <p>Mr. Goyal is also a leading authority on AMC Management and Fund Distribution.</p>

Investing Articles

Explore all Mutual Funds on Groww

Explore Mutual Funds
Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
MOST POPULAR ON GROWW
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | RELIANCE  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP BLACKROCK  | AXIS  | TATA  | L&T  | SUNDARAM  | DHFL PRAMERICA  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | ESSEL  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | ESCORTS  |