UTI Balanced Advantage Fund Direct Growth

Fund Overview

Fund Size

₹3,037 Cr

Expense Ratio

0.53%

ISIN

INF789F1AYV3

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

10 Aug 2023

About this fund

UTI Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by UTI Mutual Fund. This fund has been in existence for 1 years, 1 months and 26 days, having been launched on 10-Aug-23.
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹12.45, Assets Under Management (AUM) of 3036.71 Crores, and an expense ratio of 0.53%.

UTI Balanced Advantage Fund Direct Growth has given a CAGR return of 20.92% since inception.
The fund's asset allocation comprises around 46.19% in equities, 25.37% in debts, and 28.44% in cash & cash equivalents.
You can start investing in UTI Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+23.43%

+25.05% (Cat Avg.)

Since Inception

+20.92%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2024

Equity	₹1,402.62 Cr	46.19%
Debt	₹770.31 Cr	25.37%
Others	₹863.78 Cr	28.44%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Cash Offset For Derivatives	Cash - General Offset	₹706.33 Cr	23.26%
HDFC Bank Ltd	Equity	₹250.23 Cr	8.24%
7.06% Govt Stock 2028	Bond - Gov't/Treasury	₹196.68 Cr	6.48%
ICICI Bank Ltd	Equity	₹176.52 Cr	5.81%
Infosys Ltd	Equity	₹110.5 Cr	3.64%
Bharti Airtel Ltd	Equity	₹102.97 Cr	3.39%
7.38% Govt Stock 2027	Bond - Gov't/Treasury	₹101.57 Cr	3.34%
Tata Consultancy Services Ltd	Equity	₹98.68 Cr	3.25%
Reliance Industries Ltd	Equity	₹95.25 Cr	3.14%
Larsen & Toubro Ltd	Equity	₹92.87 Cr	3.06%
Net Current Assets	Cash	₹84.31 Cr	2.78%
Future on HDFC Bank Ltd	Equity - Future	₹-82.89 Cr	2.73%
NTPC Ltd	Equity	₹75.54 Cr	2.49%
Future on ICICI Bank Ltd	Equity - Future	₹-61.72 Cr	2.03%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹60.2 Cr	1.98%
Axis Bank Ltd	Equity	₹60.13 Cr	1.98%
Kotak Mahindra Bank Ltd	Equity	₹55.42 Cr	1.83%
Vedanta Ltd	Equity	₹53.33 Cr	1.76%
7.1% Govt Stock 2034	Bond - Gov't/Treasury	₹50.82 Cr	1.67%
Indian Railway Finance Corp Ltd.	Bond - Gov't Agency Debt	₹50.35 Cr	1.66%
LIC Housing Finance Limited	Bond - Corporate Bond	₹50.15 Cr	1.65%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹50.02 Cr	1.65%
Maruti Suzuki India Ltd	Equity	₹49.17 Cr	1.62%
ITC Ltd	Equity	₹48.47 Cr	1.60%
Canara Bank	Cash - CD/Time Deposit	₹48.1 Cr	1.58%
Future on NTPC Ltd	Equity - Future	₹-43.97 Cr	1.45%
Future on Larsen & Toubro Ltd	Equity - Future	₹-41.94 Cr	1.38%
InterGlobe Aviation Ltd	Equity	₹40.51 Cr	1.33%
Future on Reliance Industries Ltd	Equity - Future	₹-39.43 Cr	1.30%
Future on Vedanta Ltd	Equity - Future	₹-39.04 Cr	1.29%
United Spirits Ltd	Equity	₹37.46 Cr	1.23%
Bajaj Auto Ltd	Equity	₹37.31 Cr	1.23%
UltraTech Cement Ltd	Equity	₹36.29 Cr	1.20%
Oil & Natural Gas Corp Ltd	Equity	₹35.52 Cr	1.17%
LTIMindtree Ltd	Equity	₹35.03 Cr	1.15%
Crompton Greaves Consumer Electricals Ltd	Equity	₹33.5 Cr	1.10%
Bharat Electronics Ltd	Equity	₹30.8 Cr	1.01%
Bajaj Finance Ltd	Equity	₹30.15 Cr	0.99%
Future on Bharat Electronics Ltd	Equity - Future	₹-30.07 Cr	0.99%
Titan Co Ltd	Equity	₹28.97 Cr	0.95%
Info Edge (India) Ltd	Equity	₹28.73 Cr	0.95%
ICICI Lombard General Insurance Co Ltd	Equity	₹25.85 Cr	0.85%
Power Finance Corporation Limited	Bond - Corporate Bond	₹25.39 Cr	0.84%
IndusInd Bank Ltd	Equity	₹25.31 Cr	0.83%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹25.26 Cr	0.83%
Future on Bharti Airtel Ltd	Equity - Future	₹-25.14 Cr	0.83%
REC Ltd.	Bond - Corporate Bond	₹25.07 Cr	0.83%
Export-Import Bank of India	Bond - Gov't Agency Debt	₹25.06 Cr	0.83%
Power Finance Corporation Ltd.	Bond - Corporate Bond	₹25.02 Cr	0.82%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹24.98 Cr	0.82%
Export Import Bank Of India	Bond - Corporate Bond	₹24.9 Cr	0.82%
Power Finance Corporation Limited	Bond - Corporate Bond	₹24.88 Cr	0.82%
Future on ITC Ltd	Equity - Future	₹-24.82 Cr	0.82%
ICICI Bank Limited	Cash - CD/Time Deposit	₹24.53 Cr	0.81%
HDFC Life Insurance Company Limited	Equity	₹24.47 Cr	0.81%
HDFC Asset Management Co Ltd	Equity	₹23.83 Cr	0.78%
Godrej Consumer Products Ltd	Equity	₹23.36 Cr	0.77%
Cipla Ltd	Equity	₹22.78 Cr	0.75%
Mahindra & Mahindra Ltd	Equity	₹22.74 Cr	0.75%
Future on Maruti Suzuki India Ltd	Equity - Future	₹-22.16 Cr	0.73%
Hindalco Industries Ltd	Equity	₹22 Cr	0.72%
Dr. Lal PathLabs Ltd	Equity	₹21.72 Cr	0.72%
Tata Steel Ltd	Equity	₹20.58 Cr	0.68%
Future on InterGlobe Aviation Ltd	Equity - Future	₹-20.39 Cr	0.67%
Ajanta Pharma Ltd	Equity	₹19.64 Cr	0.65%
Eicher Motors Ltd	Equity	₹18.61 Cr	0.61%
Havells India Ltd	Equity	₹18.38 Cr	0.61%
Future on Havells India Ltd	Equity - Future	₹-17.88 Cr	0.59%
Future on HDFC Asset Management Co Ltd	Equity - Future	₹-17.49 Cr	0.58%
Future on Oil & Natural Gas Corp Ltd	Equity - Future	₹-17.3 Cr	0.57%
Future on Bajaj Auto Ltd	Equity - Future	₹-17.27 Cr	0.57%
Future on Axis Bank Ltd	Equity - Future	₹-16.72 Cr	0.55%
Future on Tata Consultancy Services Ltd	Equity - Future	₹-16.51 Cr	0.54%
Future on Tata Steel Ltd.	Equity - Future	₹-16.24 Cr	0.53%
Dabur India Ltd	Equity	₹15.18 Cr	0.50%
Future on United Spirits Ltd	Equity - Future	₹-14.02 Cr	0.46%
Hero MotoCorp Ltd	Equity	₹13.65 Cr	0.45%
Coal India Ltd	Equity	₹13.12 Cr	0.43%
Whirlpool of India Ltd	Equity	₹12.41 Cr	0.41%
Tata Motors Ltd	Equity	₹12.39 Cr	0.41%
PI Industries Ltd	Equity	₹12.17 Cr	0.40%
Avenue Supermarts Ltd	Equity	₹11.01 Cr	0.36%
Future on Crompton Greaves Consumer Electricals Ltd	Equity - Future	₹-10.68 Cr	0.35%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹9.95 Cr	0.33%
ICICI Securities Ltd	Equity	₹9.6 Cr	0.32%
Future on Godrej Consumer Products Ltd	Equity - Future	₹-9.37 Cr	0.31%
Future on Infosys Ltd	Equity - Future	₹-9.32 Cr	0.31%
Future on Titan Co Ltd	Equity - Future	₹-9.16 Cr	0.30%
SBI Life Insurance Company Limited	Equity	₹9.05 Cr	0.30%
Future on Bajaj Finance Ltd	Equity - Future	₹-8.51 Cr	0.28%
Future on Syngene International Ltd	Equity - Future	₹-8.22 Cr	0.27%
Timken India Ltd	Equity	₹8.16 Cr	0.27%
Future on Info Edge (India) Ltd	Equity - Future	₹-8.11 Cr	0.27%
Future on Kotak Mahindra Bank Ltd	Equity - Future	₹-7.89 Cr	0.26%
Voltas Ltd	Equity	₹7.83 Cr	0.26%
Jubilant Foodworks Ltd	Equity	₹7.38 Cr	0.24%
Endurance Technologies Ltd	Equity	₹7.12 Cr	0.23%
Future on LTIMindtree Ltd	Equity - Future	₹-7.06 Cr	0.23%
NIIT Learning Systems Ltd	Equity	₹7 Cr	0.23%
Marico Ltd	Equity	₹6.95 Cr	0.23%
Future on Hindalco Industries Ltd	Equity - Future	₹-6.82 Cr	0.22%
Hindustan Unilever Ltd	Equity	₹6.39 Cr	0.21%
Future on Hindustan Unilever Ltd	Equity - Future	₹-6.38 Cr	0.21%
Future on Dabur India Ltd	Equity - Future	₹-5.77 Cr	0.19%
Future on Cipla Ltd	Equity - Future	₹-5.63 Cr	0.19%
Future on IndusInd Bank Ltd	Equity - Future	₹-5.44 Cr	0.18%
JSW Steel Ltd	Equity	₹5.24 Cr	0.17%
Future on ICICI Lombard General Insurance Co Ltd	Equity - Future	₹-4.84 Cr	0.16%
Future on SBI Life Insurance Company Limited	Equity - Future	₹-4.54 Cr	0.15%
Future on Coal India Ltd	Equity - Future	₹-4.21 Cr	0.14%
Syngene International Ltd	Equity	₹4.07 Cr	0.13%
Future on Mahindra & Mahindra Ltd	Equity - Future	₹-4.05 Cr	0.13%
Future on Hero MotoCorp Ltd	Equity - Future	₹-3.79 Cr	0.12%
Prince Pipes And Fittings Ltd Ordinary Shares	Equity	₹3.72 Cr	0.12%
Future on UltraTech Cement Ltd	Equity - Future	₹-3.64 Cr	0.12%
Future on Voltas Ltd	Equity - Future	₹-3.47 Cr	0.11%
Future on Marico Ltd	Equity - Future	₹-3.2 Cr	0.11%
PNC Infratech Ltd	Equity	₹2.15 Cr	0.07%
Future on Dalmia Bharat Ltd	Equity - Future	₹-1.1 Cr	0.04%
Dalmia Bharat Ltd	Equity	₹1.09 Cr	0.04%
Torrent Pharmaceuticals Ltd	Equity	₹0.63 Cr	0.02%
Clearing Corporation Of India Ltd. Std Margin	Cash - Repurchase Agreement	₹0.5 Cr	0.02%
Future on JSW Steel Ltd	Equity - Future	₹-0.13 Cr	0.00%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹690.57 Cr	22.74%
Technology	₹244.21 Cr	8.04%
Consumer Cyclical	₹243.26 Cr	8.01%
Industrials	₹204.41 Cr	6.73%
Consumer Defensive	₹155.82 Cr	5.13%
Basic Materials	₹150.71 Cr	4.96%
Energy	₹143.9 Cr	4.74%
Communication Services	₹131.69 Cr	4.34%
Utilities	₹75.54 Cr	2.49%
Healthcare	₹68.84 Cr	2.27%

Risk & Performance Ratios

Fund Managers

Anurag Mittal

Since August 2023

Sachin Trivedi

Since August 2023

Additional Scheme Detailsas of 31st August 2024

ISIN

INF789F1AYV3

Expense Ratio

0.53%

Exit Load

1.00%

Fund Size

₹3,037 Cr

Age

1 year 1 month

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 50 Hybrid Composite Debt 50:50

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
Holding the units: No tax is applicable as long as you continue to hold the units.

Dividend Taxation:

Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Asset Allocation Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk	2.2%	1.0%	₹1315.31 Cr	22.9%
Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk	1.0%	1.0%	₹1315.31 Cr	24.4%
Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk	0.7%	1.0%	₹1403.36 Cr	49.6%
Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk	2.1%	1.0%	₹1403.36 Cr	47.3%
Bandhan Balanced Advantage Fund Direct Growth Moderately High risk	0.7%	1.0%	₹2321.90 Cr	21.9%
Bandhan Balanced Advantage Fund Regular Growth Moderately High risk	2.0%	1.0%	₹2321.90 Cr	20.4%
Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk	2.2%	1.0%	₹886.22 Cr	26.9%
Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk	0.5%	1.0%	₹886.22 Cr	29.1%
Mirae Asset Balanced Advantage Fund Direct Growth High Risk	0.7%	1.0%	₹1734.82 Cr	22.8%
Mirae Asset Balanced Advantage Fund Regular Growth High Risk	2.1%	1.0%	₹1734.82 Cr	21.1%

About the AMC

UTI Mutual Fund

+91-22-6678 6666

https://www.utimf.com/

Total AUM

₹3,16,744 Cr

Address

UTI Towers, Gn Block, Mumbai, 400 051

Other Funds by UTI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
UTI Innovation Fund Direct Growth Very High Risk	0.8%	1.0%	₹820.98 Cr	-
UTI Fixed Income Interval Fund Annual Plan I Direct Growth Low Risk	-	0.0%	₹20.40 Cr	7.1%
UTI Fixed Term Income Fund - Series XXXV-I (1260 Days) Direct Growth Low to Moderate Risk	-	0.0%	-	8.4%
UTI Fixed Term Income Fund - Series XXXV-III (1176 Days) Direct Growth Low to Moderate Risk	-	0.0%	-	8.2%
UTI FIIF Ser 2 Qt Interval V Direct Growth Low Risk	-	1.0%	₹4.80 Cr	6.8%
UTI Fixed Income Interval Fund Quarterly I Direct Growth Low Risk	-	0.0%	₹10.46 Cr	7.1%
UTI Fixed Inc Intvl Series2 Qt Intvl VI Direct Growth Moderate Risk	-	1.0%	₹11.46 Cr	7.2%
UTI-Fixed Term Income Fund - Series XXX-VI (1107 days) Direct Growth Low to Moderate Risk	-	0.0%	-	10.0%
UTI-Fixed Term Income Fund - Series XXX - VII (1294 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
UTI Fixed Term Income Fund - Series XXXV-II (1223 Days) Direct Growth Moderate Risk	-	-	-	8.4%
UTI Fixed Income Interval Fund Annual Plan III Direct Growth Low to Moderate Risk	-	0.0%	₹13.38 Cr	7.1%
UTI Fixed Term Income Fund - Series XXXVI-I (1574 days) Direct Growth Low to Moderate Risk	-	0.0%	-	8.9%
UTI Floater Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹1362.16 Cr	7.5%
UTI Nifty 500 Value 50 Index Fund Direct Growth Very High Risk	0.6%	0.0%	₹518.60 Cr	70.3%
UTI Banking & PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹831.84 Cr	8.1%
UTI Focused Equity Fund Direct Growth Very High Risk	0.7%	1.0%	₹2879.87 Cr	40.1%
UTI Silver ETF Fund of Fund Direct Growth Very High Risk	0.1%	1.0%	₹31.05 Cr	30.8%
UTI Nifty200 Momentum 30 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹7979.66 Cr	61.0%
UTI Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹4313.30 Cr	6.8%
UTI Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3998.59 Cr	8.3%
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹246.63 Cr	36.1%
UTI Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹6025.37 Cr	8.1%
UTI Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹4572.85 Cr	41.6%
UTI Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹2143.69 Cr	7.7%
UTI Credit Risk Fund Direct Growth Moderately High risk	0.9%	1.0%	₹334.19 Cr	8.5%
UTI Dividend Yield Fund Direct Growth Very High Risk	1.4%	1.0%	₹4460.40 Cr	52.2%
UTI Banking and Financial Services Fund Direct Growth Very High Risk	1.3%	1.0%	₹1150.06 Cr	29.0%
UTI Dynamic Bond Fund Direct Growth Moderate Risk	0.7%	0.0%	₹463.77 Cr	9.7%
UTI Hybrid Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹6189.11 Cr	35.4%
UTI Long Term Equity Fund Direct Growth Very High Risk	0.9%	0.0%	₹4121.16 Cr	36.4%
UTI Flexi Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹27053.06 Cr	29.2%
UTI Bond Fund Direct Growth Moderate Risk	1.3%	0.0%	₹307.07 Cr	9.0%
UTI Liquid Fund Cash Plan Direct Growth Moderate Risk	0.2%	0.0%	₹23290.82 Cr	7.5%
UTI Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹654.71 Cr	9.7%
UTI India Consumer Fund Direct Growth Very High Risk	1.6%	1.0%	₹727.62 Cr	46.0%
UTI Infrastructure Fund Direct Growth Very High Risk	1.8%	1.0%	₹2453.30 Cr	48.8%
UTI MNC Fund Direct Growth Very High Risk	1.2%	1.0%	₹3174.37 Cr	36.5%
UTI Master Share Unit Scheme Direct Growth Very High Risk	0.9%	1.0%	₹13809.22 Cr	31.5%
UTI Regular Savings Fund Direct Growth Moderately High risk	1.2%	1.0%	₹1640.72 Cr	17.6%
UTI Money Market Fund Direct Growth Moderate Risk	0.2%	0.0%	₹14843.34 Cr	7.8%
UTI Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹12646.34 Cr	41.0%
UTI Value Opportunities Fund Direct Growth Very High Risk	1.1%	1.0%	₹10543.09 Cr	48.7%
UTI Healthcare Fund Direct Growth Very High Risk	1.3%	1.0%	₹1167.75 Cr	58.6%
UTI Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹19848.18 Cr	29.9%
UTI Transportation & Logistics Fund Direct Growth Very High Risk	0.8%	1.0%	₹3843.10 Cr	56.1%
UTI Short Term Income Fund Direct Growth Moderate Risk	0.4%	0.0%	₹2884.39 Cr	8.7%
UTI - Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹2794.82 Cr	7.7%
UTI Multi Asset Fund Direct Growth High Risk	0.9%	1.0%	₹3459.61 Cr	42.6%
UTI Core Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹3931.11 Cr	49.9%
UTI Medium Term Fund Direct Growth Moderate Risk	0.9%	1.0%	₹39.91 Cr	8.4%

Risk Level

Your principal amount will be at Moderately High risk

Still got questions?
We're here to help.

What is the current NAV of UTI Balanced Advantage Fund Direct Growth?

The NAV of UTI Balanced Advantage Fund Direct Growth, as of 04-Oct-2024, is ₹12.45.

What is the portfolio composition of UTI Balanced Advantage Fund Direct Growth?

The fund's allocation of assets is distributed as 46.19% in equities, 25.37% in bonds, and 28.44% in cash and cash equivalents.

Who manages the UTI Balanced Advantage Fund Direct Growth?

The fund managers responsible for UTI Balanced Advantage Fund Direct Growth are:-

Anurag Mittal
Sachin Trivedi

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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