Top 10 Uti Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
UTI Dynamic Bond FundDebtModerate4.5%4star1,090
UTI Bond FundDebtModerate3.3%4star1,128
UTI Ultra Short Term FundDebtModerately Low7.4%3star5,345
UTI Treasury Advantage FundDebtModerately Low7.2%3star8,024
UTI Short Term Income FundDebtModerate5.9%3star8,685
UTI Credit Risk FundDebtModerate6.1%3star5,093
UTI Gilt FundDebtModerate4.8%3star475
UTI Liquid Cash PlanDebtLow7.5%3star20,900
UTI Money Market FundDebtLow7.8%3star2,516
UTI Medium Term FundDebtModerate5.5%1star211
UTI Overnight FundDebtLow5.7%1star643
View All Top 10 Uti Mutual Funds

Best UTI Debt Mutual Funds

UTI Mutual Fund was carved out of the erstwhile Unit Trust of India as a SEBI registered mutual fund from 1 February 2003. The Unit Trust of India Act 1963 was repealed, paving way for the bifurcation of UTI into – Specified Undertaking of Unit Trust of India; and UTI Mutual Fund. UTI AMC, India’s most trusted Wealth creators and always has the interest of its investors in its heart. The AMC has completed 50 years as India’s leading Financial service institution and was a sole vehicle of capital market investment for Indian Citizens till the early 90’s. The institution has shown great resilience and has grown from strength to strength overcoming economic turbulence and global turnarounds. This AMC has contributed immensely to industrial and capital growth in the Indian market. It has led transformative initiatives like developmental financial institutions, rural outreach programs and financial products and services.

If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.

Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.

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Now let us jump and check about these top 10 mutual fund schemes.

UTI Dynamic Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 8.71% annualized returns in the last 3 years. In the last 1 year, it gave 4.49% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.49% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Amandeep Chopra

Launch Date31 Dec 2012
Min Investment Amt10,000
Groww Rating4star
AUM1,090Cr
1Y Returns4.5%

UTI Bond Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium to Long Duration segment and provided 7.83% annualized returns in the last 3 years. In the last 1 year, it gave 3.31% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 3.31% returns in the last 1 year. Groww rated this fund as 4 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Amandeep Chopra

Launch Date31 Dec 2012
Min Investment Amt1,000
Groww Rating4star
AUM1,128Cr
1Y Returns3.3%

UTI Ultra Short Term Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Duration segment and provided 8.13% annualized returns in the last 3 years. In the last 1 year, it gave 7.38% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.38% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Sudhir Agrawal, Ritesh Nambiar

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM5,345Cr
1Y Returns7.4%

UTI Treasury Advantage Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Low Duration segment and provided 7.89% annualized returns in the last 3 years. In the last 1 year, it gave 7.15% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.15% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Sudhir Agrawal

Launch Date31 Dec 2012
Min Investment Amt10,000
Groww Rating3star
AUM8,024Cr
1Y Returns7.2%

UTI Short Term Income Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 7.9% annualized returns in the last 3 years. In the last 1 year, it gave 5.94% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.94% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Sudhir Agrawal

Launch Date31 Dec 2012
Min Investment Amt10,000
Groww Rating3star
AUM8,685Cr
1Y Returns5.9%

UTI Credit Risk Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Credit Risk segment and provided 8.74% annualized returns in the last 3 years. In the last 1 year, it gave 6.1% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 6.1% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Ritesh Nambiar

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM5,093Cr
1Y Returns6.1%

UTI Gilt Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 8.72% annualized returns in the last 3 years. In the last 1 year, it gave 4.77% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.77% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Amandeep Chopra

Launch Date31 Dec 2012
Min Investment Amt5,000
Groww Rating3star
AUM475Cr
1Y Returns4.8%

UTI Liquid Cash Plan - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.31% annualized returns in the last 3 years. In the last 1 year, it gave 7.45% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.45% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Amandeep Chopra, Amit Sharma

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating3star
AUM20,900Cr
1Y Returns7.5%

UTI Money Market Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Money Market segment and provided 7.47% annualized returns in the last 3 years. In the last 1 year, it gave 7.79% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.79% returns in the last 1 year. Groww rated this fund as 3 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Amandeep Chopra, Amit Sharma

Launch Date31 Dec 2012
Min Investment Amt500
Groww Rating3star
AUM2,516Cr
1Y Returns7.8%

UTI Medium Term Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium Duration segment and provided 8.48% annualized returns in the last 3 years. In the last 1 year, it gave 5.52% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.52% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Amandeep Chopra, Ritesh Nambiar

Launch Date30 Mar 2015
Min Investment Amt5,000
Groww Rating1star
AUM211Cr
1Y Returns5.5%

UTI Overnight Fund - Direct - Growth

Fund Performance: This fund has consistently beaten its benchmark in Overnight segment and provided 6.77% annualized returns in the last 3 years. In the last 1 year, it gave 5.66% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 5.66% returns in the last 1 year. Groww rated this fund as 1 Star. This is one of the best Debt mutual fund in India.

Fund Manager: Amandeep Chopra

Launch Date31 Dec 2012
Min Investment Amt1,000
Groww Rating1star
AUM643Cr
1Y Returns5.7%

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What does investing in UTI Debt Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in UTI Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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