UTI Balance Advantage Fund
UTI Balance Advantage Fund - NFO
Scheme Details
Launch Date : 21th July 2023
Close Date : 4th August 2023
Type : - Open Ended
Plans : - Growth, IDCW
Category : Hybrid: Dynamic Asset Allocation
Minimum application amount : - 5,000
Minimum additional application : - NA
Entry load : - NA
Exit load : - For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Fund manager : - Sachin Trivedi
Benchmark Index : - NIFTY 50 Hybrid Composite debt 50:50 Index
Distributed by : NJ Wealth - Financial Porducts Distributors Network
UTI Balanced Advantage Fund is a disciplined model driven asset allocation solution that dynamically rebalances portfolio between equity and fixed income based on valuations as per the prevailing market conditions.
What does the Fund offer?
Diversification : Mix of Equity & Fixed Income
Discipline : Model-guided asset allocation
Dynamic : Dynamic rebalancing of the portfolio
Tax-efficient : Endeavours to provide equity taxation
Investment Strategy of the Fund
Equity :
- 30-90% net long equity allocation
- Blend of growth and value investment styles with large cap bias
- Bottom-up approach with flexibility to own stocks with long runway for growth + cyclical opportunities including turnaround companies
Fixed Income :
- 10-35% of the total portfolio
- Actively managed portfolio with focus on quality and liquidity
- Investments predominantly in Sovereign/AAA/equivalent rated issuers
Who Should Invest?​
- Investors looking for long term wealth creation
- Investors looking for a diversified portfolio of equity and fixed income
- Investors looking for a dynamic asset allocation solution to minimise risk of market volatility
- Investors seeking better risk adjusted and tax efficient reasonable returns
(Source : UTI FLYER (English) and UTI FLYER (Gujarati))
(Disclaimer: The content herein does not consider individual investor’s objectives, risk appetite or financial needs or circumstances or the suitability of the mutual fund products described herein. Hence, investors are advised to consult their professional investment adviser/ consultant/ tax advisor for investment advice.
A mutual fund scheme is NOT a DEPOSIT product and is not an obligation of, guaranteed, or insured by the mutual fund or its AMC. Due to the nature of the underlying investments, the returns or the potential returns of a mutual fund product cannot be guaranteed. When presented, historical performance is purely for reference purposes and does not guarantee future results)
Mutual funds are solely Distributed by GoldenFundswala under AMFI ARN- 246349, BSE Star MF- 57315
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.