UTI Multi Cap Fund: Filed Draft with SEBI – A Complete Overview for Investors

Introduction

In today’s dynamic financial markets, having a well-diversified portfolio can be key to achieving long-term capital growth. UTI Mutual Fund introduces the UTI Multi Cap Fund, an open-ended equity scheme that spreads investments across large-cap, mid-cap, and small-cap stocks. This blog offers a comprehensive look at the scheme’s objectives, asset allocation, fund management, and other essential details to help potential investors make informed decisions.

Objective of the Scheme

The primary objective of the UTI Multi Cap Fund is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities across various market capitalizations, including large-cap, mid-cap, and small-cap stocks. This multi-cap approach allows the fund to leverage growth opportunities across different segments of the market, balancing risk and returns.

Name of the Scheme

• Scheme Name: UTI Multi Cap Fund

This fund is positioned as a multi-cap fund that allows flexibility in asset allocation, aligning with the market’s changing dynamics to optimize returns.

Fund Manager

• Fund Manager: Mr. Karthikraj Lakshmanan is responsible for managing this scheme, bringing extensive expertise from his years at UTI AMC and a background in equity investments. Mr. Deepesh Agarwal manages overseas investments for the scheme.

Asset Allocation

The asset allocation strategy for UTI Multi Cap Fund is structured to maintain a balanced mix of equity and other instruments:

• Equity and equity-related instruments: 75%-100% (with allocations to large, mid, and small caps as per market conditions)
• Debt and money market instruments: 0%-25%
• Units of REITs and InvITs: 0%-10%

The scheme’s diversified approach aims to mitigate risks while offering substantial growth opportunities through exposure to multiple capitalizations.

Category of the Scheme

• Category: Multi Cap Fund
• Type: Open-ended equity scheme investing across large, mid, and small caps

As an open-ended multi-cap equity fund, this scheme provides the flexibility to invest across all market caps, allowing the fund manager to adjust allocations according to market trends.

Other Key Information

• NFO (New Fund Offer) Period: The fund will open for a minimum of 3 working days but will not exceed 15 calendar days.
• Benchmark: UTI Nifty 500 Multicap 50:25:25 TRI
• Liquidity: The scheme offers daily redemption at applicable NAVs, with proceeds disbursed within three working days from the redemption request date.
• Minimum Investment: Initial investment during NFO is Rs. 1,000, with further investments also in multiples of Rs. 1.
• Exit Load: 1% if redeemed or switched out within 90 days from the allotment date; no exit load afterward.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.