UTI Balanced Advantage Fund - Regular (G)

UTI Balanced Advantage Fund - Regular (G) is a scheme launched by UTI Mutual Fund on August 10, 2023, and falls under the Dynamic Asset Allocation fund category. It currently manages an AUM of Rs 2,999.85 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.96% for managing the portfolio.

• Investing Strategy:

  The scheme intends to provide long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments.

• Performance:

  UTI Balanced Advantage Fund - Regular (G) trailing returns over different times are 4.27% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 5.62%.