- Date : 01/07/2023
- Read: 3 mins
Read on to learn more about UTI Mutual Fund’s top-performing funds for diverse investment goals.
- The UTI Mutual Fund is India's oldest asset management company.
- Top Funds include UTI Healthcare, Mid Cap, Value Opportunities, Flexi Cap, and Dividend Yield.
- UTI Mutual Fund aims at long-term capital appreciation and diversified portfolios.
The Unit Trust of India (UTI) was established in February 1964 under the Unit Trust of India Act, 1963. The maiden Indian mutual fund, the Unit Scheme 1964 was launched subsequently the following year by UTI, In February 2003, after the revocation of the Unit Trust of India Act 1963, UTI was divided into two distinct organisations, one of which was the UTI Mutual Fund. Nonetheless, the UTI Mutual Fund, established in 1963 as the Unit Trust of India, is India's oldest and most established asset management company.
The top 4 UTI mutual fund schemes
1. UTI Mid Cap Fund
This mutual fund invests in mid-sized companies to generate long-term capital appreciation. It focuses on a diversified portfolio of mid-cap stock companies in terms of market capitalisation.
Fund Summary
2. UTI Transportation and Logistics Fund
This equity-oriented mutual fund invests in transportation and logistics companies. It aims to generate long-term capital appreciation by diversifying its portfolio across airlines, shipping, logistics providers, infrastructure companies, and related businesses.
Fund Summary
Also Read - Best equity mutual funds to invest in India
3. UTI Hybrid Equity Fund
The fund combines equity and debt investments for long-term capital appreciation. Furthermore, it diversifies its portfolio into equity stocks and allocates to debt and money market instruments. The equity component offers higher returns, while the debt component adds stability and income.
Fund Summary
4. UTI Flexi Cap Fund
Formerly called the UTI Equity Fund, this open-ended equity-oriented mutual fund seeks long-term capital appreciation through a diversified stock portfolio spanning sectors and market capitalisations.
Fund Summary
To conclude
When investing in mutual funds, carefully consider factors such as historical returns, fund objectives, and assets under management to make informed investment decisions.
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Disclaimer: This article is intended for general information purposes only and should not be construed as investment or legal advice. You should separately obtain independent advice when making decisions in these areas.
