NRI from all over the world (including U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

UTI Multi Asset Allocation Fund Plan Growth for NRI [72.38]

Min Investment

5,000

Fund Size

4,682.25 Cr

Expense Ratio

1.8%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

72.38

0.28%

NAV as on 18 Dec 24, 12:00 AM

high risk

multi asset allocation

equity

NAV as on 18 Dec 24, 12:00 AM

high risk

multi asset allocation

equity

22.18%p.a.

Last 1Y

17.88%p.a.

Last 3Y

15.49%p.a.

Last 5Y

12.98%p.a.

Since Inception

About UTI Multi Asset Allocation Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI Multi Asset Allocation Fund Plan Growth scheme from UTI Asset Management Co Ltd. It is a Multi Asset Allocation mutual fund scheme that predominantly invests in Multi Asset Allocation stocks of companies. Launched on Oct 2008, UTI Multi Asset Allocation Fund Plan Growth is Multi Asset Allocation fund of its category with 4,682.25 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Multi Asset Allocation funds.

  • UTI Multi Asset Allocation Fund Plan Growth delivered 22.2% annual returns during the last year. It has delivered 13.0% average annual returns since the fund was launched.
  • UTI Multi Asset Allocation Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The objective of the Scheme is to achieve long term capital appreciation by investing predominantly in a diversified portfolio of equity and equity related instruments. The fund also invests in debt and money market instruments with a view to generate regular income. The fund also invests in Gold ETFs. The portfolio allocation is managed dynamically. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved

Top 10 Holdings

UTI Gold ETF

11.20%

7.1% Govt Stock 2034

6.00%

7.32% Govt Stock 2030

4.39%

ICICI Bank Ltd

3.71%

Reliance Industries Ltd

3.59%

Infosys Ltd

2.99%

Tata Consultancy Services Ltd

2.52%

Trent Ltd

2.48%

Bharti Airtel Ltd

2.46%

Mahindra & Mahindra Ltd

2.27%

Fund Managers

  1. Sharwan Kumar Goyal (Nov 2021 - Present)
  2. Jaydeep Bhowal (Oct 2024 - Present)

Key Information

View Scheme Document

UTI Multi Asset Allocation Fund Plan Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on UTI Multi Asset Allocation Fund Plan Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in UTI Multi Asset Allocation Fund Plan Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in UTI Multi Asset Allocation Fund Plan Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions