UTI Mutual Fund

About UTI Mutual Fund

UTI Mutual Fund, run by UTI Asset Management Company, is the oldest mutual fund organisation in India, tracing its origins back to the Unit Trust of India, established by an Act of Parliament in 1963 - decades before most other AMCs in this directory existed. It remains one of the largest fund houses in the country by assets under management.

Ownership and Heritage

Following the restructuring of the original Unit Trust of India in the early 2000s, UTI Asset Management Company was formed with four major public-sector financial institutions as its sponsors: State Bank of India, Life Insurance Corporation of India, Bank of Baroda, and Punjab National Bank, each historically holding a significant stake. UTI AMC is also listed on the Indian stock exchanges, making its own shares (distinct from its mutual fund units) publicly tradable, similar to HDFC AMC and Nippon Life India AMC.

Fund Range and Approach

UTI Mutual Fund offers a comprehensive scheme range spanning large-cap, mid-cap, small-cap and flexi-cap equity funds, ELSS, sectoral and thematic funds, an extensive debt fund lineup reflecting its decades of fixed-income management experience, hybrid funds, and a substantial index fund/ETF range covering many of the country's most widely tracked benchmarks.

Who Should Consider UTI Mutual Fund

Investors who value the longest operating history in the Indian mutual fund industry, backed by major public-sector financial institutions, often consider UTI Mutual Fund - particularly for its well-established, long-track-record schemes across equity and debt. Before finalising a choice, still read the scheme information document (SID) for the specific fund, since it spells out the exact mandate, risk factors, and exit load in more detail than any summary can, and is freely available on the AMC's own website.

Comparing UTI Schemes With Other Fund Houses

Because many UTI schemes have unusually long histories - some spanning several decades - they offer a useful benchmark for comparing performance across multiple full market cycles, not just the recent bull run. When comparing, still check the current fund manager's tenure specifically, since long scheme histories don't always mean the same manager has been in charge throughout.

Costs: Direct vs Regular Plans

UTI schemes are available as Direct Plans or Regular Plans. The Expense Ratio Impact Calculator on this site can help estimate the long-term rupee impact of that choice for a specific UTI scheme.

Checking Fund Manager Continuity

Even for a UTI scheme with decades of history, check how long the current fund manager has actually run it before relying too heavily on its long-term published returns - a strong multi-decade track record is most meaningful if a stable manager or team has been in charge for a significant portion of it, which each scheme's official factsheet will confirm alongside the scheme's exact benchmark and category classification.

Investing With UTI Mutual Fund

Every scheme tracked on this site shows live NAV, computed CAGR and absolute returns, and expense ratio, sourced from AMFI India and MFAPI - see the scheme list below, or open any individual UTI scheme's page to project a SIP or lumpsum investment using its own historical performance.