UTI Balanced Advantage Fund Direct Growth

UTI Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 14 Nov 2002. The fund currently has an Asset Under Management(AUM) of ₹2,64,490 Cr and the Latest NAV as of 25 Sep 2023 is ₹10.13. The UTI Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. ;

Investment Objective

The scheme seeks to provide long-term capital appreciation and income by investing in a dynamically managed portfolio of equity and debt instruments. ;