UTI Multi-Asset Fund is an open-ended mutual fund scheme offered by UTI Mutual Fund, which invests in equity, debt, and Gold ETFs. The fund was launched in November 2008 and has been in existence for more than 13 years across different market cycles.

As of February 28, 2022, the fund has Assets Under Management (AUM) of Rs. 863 crores with an expense ratio of 1.88% for Regular Plans and 0.93% for Direct Plans. This multi asset fund has an exit load of 1% if the investments are redeemed before 12 months. However, 10% of the units can be redeemed without exit load.

Since different asset classes emerge winners in different economic cycles, the investors can benefit by maintaining a diversified investment portfolio. The scheme’s primary investment objective is to create long-term wealth by investing across asset classes, wherein the portfolio allocation is managed dynamically.

Invest in UTI Multi-Asset Fund - Features and Benefits

• The mutual fund diversifies across asset classes by investing across equity, debt, and gold. It must invest at least 10% each in equity, debt, and gold in line with SEBI Guidelines and aims for at least 65% equity allocation for tax-efficient returns.
• One can conveniently invest in this UTI multi asset mutual funds through the UTI Mutual Fund website and mobile app.
• nvestments in this multi asset allocation funds can be made in a lump sum or through Systematic Investment Plans (SIPs).
• Invest for an amount as low as Rs. 5,000 for the Growth option and Income Distribution cum Capital Withdrawal (ICDW) option.
• The gains from UTI Multi-Asset growth fund carry a special tax rate of 15% for Short-Term Capital Gains (STCG) and 10% for Long-Term Capital Gains (LTCG). Additionally, in aggregate, LTCG up to Rs. 1 lakh a year from equity shares and equity funds is exempt.