HybridDynamic Asset Allocation or Balanced AdvantageDirectIDCWHigh

UTI Balanced Advantage Fund

Q: What is the NAV of UTI Balanced Advantage Fund?

As of 01 Oct 2026, the NAV of UTI Balanced Advantage Fund is ₹12.59 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has UTI Balanced Advantage Fund delivered?

UTI Balanced Advantage Fund has returned -3.30% over 1 year, +7.41% per year over 3 years and +7.80% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of UTI Balanced Advantage Fund?

UTI Balanced Advantage Fund charges an expense ratio of 0.91% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of UTI Balanced Advantage Fund?

UTI Balanced Advantage Fund's largest holdings are ICICI BANK LTD (6.9%), HDFC BANK LIMITED (6.8%), RELIANCE INDUSTRIES LTD. (4.4%), MF UNITS UTI - FLOATER FUND (3.5%) and 7.06% GS MAT - 10/04/2028 (3.5%). Holdings are disclosed monthly and change over time.

Q: How risky is UTI Balanced Advantage Fund?

UTI Balanced Advantage Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 7.7% and its worst peak-to-trough fall in our sample was -10.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.12 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI Balanced Advantage Fund's 0.12 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of UTI Balanced Advantage Fund?

UTI Balanced Advantage Fund is benchmarked against the Nifty 50 Hybrid Composite Debt 50:50 Index. Its alpha and beta on this page are measured against that index.

Q: Who manages UTI Balanced Advantage Fund?

UTI Balanced Advantage Fund is managed by Anurag Mittal and Sachin Trivedi at UTI.

Q: How is UTI Balanced Advantage Fund taxed?

UTI Balanced Advantage Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

UTI Mutual Fund · Best Balanced Advantage Mutual Funds

NAV

₹12.59

-0.53% 1D

as of 01 Oct 2026

This is the Direct plan of UTI Balanced Advantage Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

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Performance

-2.86%CAGR

52-week rangePrev NAV ₹12.65

Latest ₹12.59

Low ₹12.1531st percentile of its 52-week rangeHigh ₹13.57

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Hybrid funds (same plan and option) to rank against yet.

Performance—

Not enough Dynamic Asset Allocation or Balanced Advantage peers to rank yet

Risk—

Volatility 7.7% (no category average yet)

Cost—

0.9% expense (no category average yet)

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 100% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.91%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

18.92

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.12

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

(A) Redemption / Switch out within 90 days from the date of allotment – 1.00% (B) Redemption / Switch out after 90 days from the date of allotment – NIL Any redemption/ switch out of units would be done on a First in First Out (FIFO) basis. The above exit load is applicable for all redemptions/switch-out transactions including Systematic Investment Plan (SIP), Systematic Withdrawal Plan (SWP), Systematic Transfer Plan (STP) and Flexi Systematic Transfer Plan (Flexi STP) etc.

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Nifty 50 Hybrid Composite Debt 50:50 Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

17 Aug 2023

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-4.31%

Absolute return over the last 3 months (not annualized)

-2.45%

Absolute return over the last 6 months (not annualized)

+2.39%

Absolute return since 1 Jan of this year (not annualized)

-6.79%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-3.30%

3-year annualized return (CAGR)

+7.41%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+7.80%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

7.71%

Excess return per unit of total volatility (rf = 6.5%)

0.12

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.16

Largest peak-to-trough decline over full history

-10.47%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

1.02%

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

0.63

How much of the fund's movement Nifty 50 TRI explains

96.9%

Excess return per unit of beta (market risk)

1.77

Active return over the benchmark per unit of tracking error

0.26

Annualized std dev of fund-minus-benchmark returns

5.51%

Fund's share of benchmark gains in up months (100 = matches index)

71.9%

Fund's share of benchmark losses in down months (lower is better)

53.2%

Computed vs the Nifty 50 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Dynamic Asset Allocation or Balanced Advantage)

Period	Fund	Category avg.	Diff
1M abs	-4.31%	—	—
3M abs	-2.45%	—	—
6M abs	+2.39%	—	—
1Y CAGR	-3.30%	—	—
3Y CAGR	+7.41%	—	—
5Y CAGR	—	—	—

Category average across peers in Dynamic Asset Allocation or Balanced Advantage, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹3.60L

Current value

₹3.70L

Absolute

+2.85%

XIRR

+1.94%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into UTI Balanced Advantage Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 50 TRI	Diff
2026part	-6.79%	-12.85%	+6.06%
2025	+10.20%	+11.97%	-1.77%
2024	+12.52%	+10.16%	+2.36%
2023part	+9.41%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

769

Expense ratio

0.91%

AUM

₹2,993Cr

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

18.9

P/B ratio

4.1

Avg market cap

₹5,89,746Cr

P/E & P/B are portfolio-weighted harmonic means across 46 of 56 equity holdings (64% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Dynamic Asset Allocation or Balanced Advantage

Compare all


UTI Balanced Advantage FundThis fund UTI · Direct · IDCW	—	-3.30%	+7.41%	—	—	0.91%	₹2,993Cr
quant Dynamic Asset Allocation Fund quant · Direct · IDCW	—	-2.16%	+12.10%	—	—	1.54%	₹902.64Cr
SBI Balanced Advantage Fund SBI · Direct · IDCW	—	+0.38%	+8.92%	+9.53%	—	0.86%	₹40,549Cr
Kotak Balanced Advantage Fund Kotak Mahindra · Direct · IDCW	—	+0.34%	+8.70%	+8.45%	—	0.83%	₹16,987Cr
Bank of India Balanced Advantage Fund Bank of India · Direct · IDCW	—	+2.51%	+8.19%	+9.85%	—	1.39%	₹155.92Cr
NJ Balanced Advantage Fund NJ · Direct · IDCW	—	-1.18%	+7.73%	—	—	1.14%	₹3,413Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap84.6%
Mid cap10.3%
Small cap5.1%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity68.43%
Debt27.86%
Cash & Equivalents2.66%
Real Estate / REITs1.00%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
UTI - Large Cap Fund UTI · Large Cap Fund	70.3%	★★☆☆☆	1.19%	+6.08%
Edelweiss Nifty 50 Index Fund Edelweiss · Index Funds	69.8%	★★★☆☆	0.14%	+5.53%
Zerodha Nifty 50 ETF Zerodha · Other ETFs	69.8%	—	0.06%	—
Zerodha Nifty 50 Index Fund Zerodha · Index Funds	69.8%	★☆☆☆☆	0.28%	—
Bandhan Nifty 50 Index Fund Bandhan · Index Funds	69.8%	★★★☆☆	0.16%	+5.52%
Nippon India Index Fund - Nifty 50 Nippon India · Index Funds	69.8%	★★★☆☆	0.13%	+5.54%
Taurus Nifty 50 Index Fund Taurus · Index Funds	69.8%	★★☆☆☆	0.86%	+5.15%
LIC MF Nifty 50 Index Fund LIC · Index Funds	69.8%	★★☆☆☆	0.56%	+5.32%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

1 holding — 0.02% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Vedanta Iron and Steel LimitedLong-term · Stage I0.02%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-10.5%02 Jan 2026 → 30 Mar 2026
Still below that high — 3 months down, and no recovery yet.
-6.8%26 Sep 2024 → 04 Mar 2025
Fell over 5 months, back to the old high on 12 May 2025 — 2 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹2,993Cr

April - June 2026

-3%

since January - March 2026

+₹44.55Cr

est. net flow, last quarter

At or near its largest, ₹3,087Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

UTI Mutual Fund descends from the Unit Trust of India, which was effectively the whole Indian mutual fund industry from 1963 until private managers were allowed in. It was carved out as a SEBI-registered fund house in 2003, is listed on the exchanges, and is held by SBI, LIC, Bank of Baroda, PNB and T. Rowe Price rather than a single parent.

Launched

13 Nov 2002

Total AUM

₹3,92,691Cr+1.1% QoQ

Avg AUM · April - June 2026

Website

utimf.com

Fund Managers

AMAnurag MittalStart date not disclosed

Role

Executive Vice President & Head- Fixed Income

Education

B Com, MSc, B.Com from University of Delhi, Chartered Accountant

Experience

He is B.Com from holder from Institute of working with Bandhan had been associated with has total work

Funds managed (15)

All schemes Anurag Mittal runs →

STSachin TrivediStart date not disclosed

Role

Sr. Vice President – Equity

Education

B.Com, MMS, CFA

Experience

He began his career in June 2001, with UTI AMC. He has more than 22 years of experience in research and portfolio management. Presently he is also fund manager for UTI Transportation, Logistic Fund

Funds managed (3)

All schemes Sachin Trivedi runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Anurag Mittal Sachin Trivedi

Top holdings

ICICI BANK LTD HDFC BANK LIMITED RELIANCE INDUSTRIES LTD.BHARTI AIRTEL LTD.KOTAK MAHINDRA BANK LTD.INFOSYS LTD.STATE BANK OF INDIA AXIS BANK LTD.ETERNAL LIMITED BAJAJ FINANCE LTD.MAHINDRA & MAHINDRA LTD.TITAN COMPANY LTD.

UTI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Balanced Advantage funds

Balanced advantage (dynamic asset allocation) funds move between equity and debt based on market valuations, adding more stocks when they look cheap and trimming when they look dear. The goal is a smoother ride.

Frequently asked questions

What is the NAV of UTI Balanced Advantage Fund?

As of 01 Oct 2026, the NAV of UTI Balanced Advantage Fund is ₹12.59 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has UTI Balanced Advantage Fund delivered?

UTI Balanced Advantage Fund has returned -3.30% over 1 year, +7.41% per year over 3 years and +7.80% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of UTI Balanced Advantage Fund?

UTI Balanced Advantage Fund charges an expense ratio of 0.91% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of UTI Balanced Advantage Fund?

UTI Balanced Advantage Fund's largest holdings are ICICI BANK LTD (6.9%), HDFC BANK LIMITED (6.8%), RELIANCE INDUSTRIES LTD. (4.4%), MF UNITS UTI - FLOATER FUND (3.5%) and 7.06% GS MAT - 10/04/2028 (3.5%). Holdings are disclosed monthly and change over time.

How risky is UTI Balanced Advantage Fund?

UTI Balanced Advantage Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 7.7% and its worst peak-to-trough fall in our sample was -10.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.12 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI Balanced Advantage Fund's 0.12 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of UTI Balanced Advantage Fund?

UTI Balanced Advantage Fund is benchmarked against the Nifty 50 Hybrid Composite Debt 50:50 Index. Its alpha and beta on this page are measured against that index.

Who manages UTI Balanced Advantage Fund?

UTI Balanced Advantage Fund is managed by Anurag Mittal and Sachin Trivedi at UTI.

How is UTI Balanced Advantage Fund taxed?

UTI Balanced Advantage Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.