NFO Alert: UTI Mutual Fund launches multi-cap fund
UTI Mutual Fund
has launched the
UTI Multi Cap Fund
, an open-ended equity scheme investing across large-cap, mid-cap, and small-cap segments. Positioned as 'multi-vitamins for your portfolio,' the fund offers investors a single-portfolio solution blending all market caps, according to a release by the fund house.
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The New Fund Offer (NFO) is open for subscription and will close on May 13.
The fund follows a 3S approach—Size, Sectors, and Style—to multi-cap investing, designed to weather different market cycles. The minimum investment amount is Rs 1,000, and in multiples of Re 1 thereafter.
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With a disciplined minimum allocation of 25% in each market cap segment, the UTI Multi Cap Fund aims to provide optimal portfolio
diversification
. The fund follows a blend strategy, investing in sustainable businesses, companies with strong fundamentals available at attractive valuations, and potential turnaround stories.
The focus will be on identifying bottom-up stock opportunities from UTI's investment coverage universe, powered by UTI's proprietary Score Alpha research framework, which evaluates companies based on consistent operating cash flows and robust return ratios.
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Given the fund's mandate and diversification needs, portfolio turnover could be relatively higher compared to other UTI Mutual Fund strategies, driven by active adjustments to align with market dynamics.
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The scheme will be managed by Karthikraj Lakshmanan and benchmarked against the Nifty 500 Multicap 50:25:25 TRI. The fund offers Regular and Direct plans with Growth option only. An exit load of 1% will be applicable if redeemed or switched out within 90 days, and nil thereafter.
Vetri Subramaniam, Chief Investment Officer, UTI AMC, said:
'UTI Multi Cap Fund reflects our broader commitment to offering thoughtfully designed investment solutions that align with long-term wealth creation. It is designed as an all-rounder investment solution that adapts to market cycles. It draws from our allocation philosophy and showcases the depth of our equity research capability across sectors and business cycles. We believe this is an effective addition for investors looking to build a core equity portfolio with strategic diversification.'
This product is suitable for investors seeking
long-term capital appreciation
with investments predominantly across large-cap, mid-cap, and small-cap stocks.
Karthikraj Lakshmanan, Fund Manager, UTI AMC, added:
'UTI Multi Cap Fund is built to help investors access the full spectrum of India's equity market through one well-structured portfolio. With disciplined exposure to large, mid, and small-cap stocks, the fund seeks to offer a balance of risk and return. It's designed to dynamically adjust to different market phases and support long-term goals by combining quality businesses, recovery-led ideas, and sector opportunities.'
With the launch of the UTI
Multi Cap Fund
, UTI Mutual Fund further expands its equity offerings. As one of India's largest equity fund managers, UTI AMC manages Rs 1.29 lakh crore across 28 actively managed equity, hybrid, and solution schemes, reinforcing its position as a trusted partner for long-term investors.
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