UTI Mutual Fund

UTI has one of the oldest histories in India’s mutual fund industry. Unit Trust of India (UTI) was established in 1964, marking the beginning of the country’s mutual fund industry. The current UTI Mutual Fund was formed after the restructuring in 2002-03. Today, it offers both actively managed and passive mutual funds across equity, debt, hybrid, index funds, ETFs, and other categories.

Here’s a quick overview of the AMC:

Data as of 31 August, 2026.

UTI MF stands out for its structured investment process rather than relying on a single investing style across all its funds. Its equity research framework, called ScoreAlpha, focuses on two things: a company’s ability to generate operating cash flow and the return it earns on capital invested. UTI uses different valuation methods for businesses of different natures.

This approach allows UTI to run different equity strategies for different funds. For example, its funds use growth, value, GARP, focused and thematic approaches depending on their mandates.

UTI also has a defined process for fixed-income investing called GIMS. It includes credit research, financial analysis, management inputs, and regular review of issuers. The investment team is also split across specialised areas. Ajay Tyagi heads equity, while Anurag Mittal heads fixed income. Vetri Subramaniam, who was earlier the CIO, took over as MD & CEO in February 2026.

Another highlight of UTI’s business is its passive investing franchise. Its UTI Nifty 50 Index Fund has been tracking Nifty 50 since 2000 and has ₹29,602,68 crore in AUM as of July 31, 2026.

UTI has a broad range of 84 schemes across active equity, debt, index, hybrid, liquid, solution-oriented, ETF, and fund-of-fund categories. Here’s a category-wise classification:

Note that some schemes can appear under more than one category. Still, UTI’s strong passive offering stands out. It has 21 index funds and 14 ETFs. This gives you a wide range of options beyond actively managed funds. It includes Nifty 50 products, with offerings based on factors such as quality, value, momentum and low volatility.

UTI MF schemes operate within the regulatory framework set by SEBI. Like other mutual funds, your money is pooled and invested in securities based on the investment objective of each scheme. The AMC only manages the investment. A custodian holds it in custody. On the other hand, the trustee oversees the fund’s operations and ensures that the interests of investors are protected. The mutual fund process is regulated and follows a defined structure.

It is also important to understand that the AMC does not guarantee returns. Your investment value can rise or fall based on the securities in the scheme. The level of risk also varies from one UTI MF scheme to another. Equity schemes can see bigger price swings, while debt and liquid funds generally carry lower levels of risk.

To assess its track record, let’s look at some of the UTI mutual fund schemes that have beaten their respective category’s 3-year and 5-year averages.

3-year returns vs category comparison

5-year returns vs category comparison

Note: This is not an exhaustive list. Use past performance data for context, not as a guarantee for future returns. Before making a decision, check the fund’s strategy, risk, portfolio, and costs, among other factors.

To find the best UTI mutual funds, don’t start by looking at the scheme’s returns. Instead, start by:

• Identifying your financial goal: Your purpose for investing could be long-term wealth creation, or a specific goal like buying a laptop or a dream car. The right fund can be different for each goal.
• Consider your investment time frame: If you plan to stay invested for 10 years or more, you may be able to consider equity-oriented funds. But if you need money within a couple of years, taking high equity risk may not suit you.
• Know your risk appetite: Equity funds can go through sharp ups and downs. If a temporary fall can make you stop your SIP, you may want to reconsider how much risk you are taking.

Once you are clear about these 3 things, you can choose a fund category that fits your needs. Once you’ve picked the category, compare top UTI mutual funds in that category based on their holdings, fund manager, expense ratio, exit load and past performance before deciding.

You can invest in UTI SIP plans or lump sum investments on Millions in a few simple steps. Download the Millions app from the Google Play Store or iOS App Store, and create a free account by completing KYC. Once you’re ready:

1. Head over to the Mutual Fund section on the app dashboard.
2. Search for “UTI Mutual Funds”.
3. Select the UTI scheme you want to explore.
4. Check its performance, holdings, latest NAV, scheme document, riskometer, fund managers, and other details.
5. Once ready, tap ‘SIP’ for regular investing or ‘One-time’ for lump sum.
6. Enter the amount you’d like to invest. For SIP, choose frequency and debit date.
7. Ensure all the details are correct and click ‘Invest Now’.
8. Enter the OTP to authorise the payment, and you’re all set!

The minimum amount depends on the scheme. On Millions, SIPs can start from ₹25 in UTI Gold ETF FoF or ₹500 in UTI Long Term Fund. For lump-sum investments, the minimum can be ₹100 in UTI Silver ETF FoF, ₹500 in UTI Overnight Fund, or ₹5,000 in UTI Equity Savings Fund. Check the ‘Scheme Snapshot’ for the exact amount.

If you’re planning a regular investment, the SIP calculator can help you estimate how your SIP could grow based on your monthly payment, time period, and expected return. The result is only an estimate, not a guaranteed return.

You can also consider a Direct Plan, which has a lower expense ratio than a Regular Plan. Compare the scheme, understand its risks, and invest an amount that fits your financial plan.