Frequently asked questions
What is UTI Multi Asset Fund?
UTI Multi Asset Fund is a hybrid fund with a diversified portfolio of equity, debt and gold assets with dynamic management of equity portfolio. The fund gives investors the benefit of exposure to a diversified portfolio. The objective of the Scheme is to achieve long term capital appreciation and generate regular income.
Who should Invest in Multi Asset Funds?
Investors looking for a portfolio with a combination of equity, debt and gold with a periodic rebalancing of the portfolio based on asset allocation model and for long-term wealth creation.
How to Invest in UTI Multi Asset Funds?
Investors can invest online at UTI Mutual Fund website or download the mobile app and start investing subject to KYC compliance. Investors may also approach nearest UTI Financial Centres (UFCs). Alternatively, you may also approach your mutual fund distributor, financial advisor or various online platform for investments.
Why invest in UTI Multi Asset Fund?
- UTI Multi Asset Fund provides a single route access to a diversified portfolio spreading across equity, debt & gold
- The Fund provides a dynamic equity allocation based on model to circumvent investor‘s emotions of fear & greed
- The fund has a potential to limit the portfolio down-side risk in a falling market
How is UTI Multi Asset Fund taxed?
On redemption of investments of UTI Multi Asset Fund, capital gains are taxed as below: The Fund will attract capital gains tax if the redemption value is more than the purchase price. The gains can either be short term or long term in nature. If the units are held for 3 years or less, the gains made are subject to Short-Term Capital Gains Tax (STCG) and are taxed as per the income slab. If the units are held for more than 3 years, the gains are subject to Long-Term Capital Gains Tax (LTCG) which is taxed at 20% with the benefit of indexation (available to debt-oriented funds). Indexation accounts for the effect of inflation in the acquisition purchase cost i.e., the purchase price is increased to adjust for inflation (as per the cost inflation index (CII) notified by the Central Board of Direct Taxes (CBDT)) before calculating the capital gain. Thus, it reduces the overall tax liability for the investor.