August 24, 2023
mayank
UTI Balanced Advantage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 10.0074
NAV IDCW: Rs 10.0074
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments.
Fund Manager:
1) Sachin Trivedi
Education: Mr. Sachin Trivedi is a CFA.
Experience: He began his career in June 2001, with UTI AMC. He has more than 13 years of experience in research and portfolio management. Presently, he leads the Equity research in the capacity of Head – Research. He is also a fund manager
2) Anurag Mittal
Education: Mr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science.
Experience: Prior to joining IDFC AMC, he worked with HDFC AMC ( Sept. 2012 – Oct. 2015), Axis AMC (July 2009 – Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).
Investment Details
| Min. Investment (Rs) | 5000.00 |
| Min. Addl Investment (Rs) | 1000.00 |
| Min. SIP Investment (Rs) | 500.00 |
| Min. Withdrawal (Rs) | 1000.00 |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details of UTI Balanced Advantage Fund
| Fund House | UTI Mutual Fund |
| Launch Date | 10-Aug-23 |
| Return Since Launch | 0.07% |
| Benchmark | NIFTY 50 Hybrid Composite debt 50:50 Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs — Cr |
| (As on ) | |
| Expense | –% |
| (As on ) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
UTI Balanced Advantage Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| UTI Balanced Advtg Dir | — | 0.24 | — | — | — | — | — | — | — | — |
| VR Balanced TRI | — | 0.23 | — | — | — | — | — | — | — | — |
| Hybrid: Dynamic Asset Allocation | — | 0.20 | — | — | — | — | — | — | — | — |
| Rank within category | — | 10 | — | — | — | — | — | — | — | — |
| Number of funds in category | 30 | 33 | 32 | 32 | 31 | 29 | 23 | 18 | 12 | 6 |
UTI Balanced Advantage Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| HDFC Balanced Advtg Dir | 4 star | 22.20 | 26.26 | 14.89 | 0.84 | 60,641 | 15.06 | 1.00 (365) | 10Y 7M | 14.89 |
| ICICI Pru Balanced Advtg Dir | 5 star | 11.30 | 14.80 | 11.36 | 0.91 | 48,721 | 12.79 | 1.00 (365) | 10Y 7M | 22.00 |
| Kotak Balanced Advtg Dir | 4 star | 11.32 | 12.97 | 11.30 | 0.50 | 15,046 | 11.32 | 1.00 (365) | 5Y | 295.60 |
| Edelweiss Balanced Advtg Dir | 4 star | 12.16 | 16.06 | 12.14 | 0.49 | 9,458 | 12.52 | 1.00 (90) | 10Y 7M | 75.00 |
| Tata Balanced Advtg Dir | 4 star | 13.06 | 15.62 | — | 0.32 | 7,412 | 13.71 | 1.00 (90) | 4Y 6M | 40.43 |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | — | — |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | — |
Chanakya’s Mutual Fund Guidance For UTI Balanced Advantage Fund
Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.utimf.com/mutual-fund-schemes/
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