UTI Mutual Fund: AUM, Schemes, History & Top Funds
UTI Mutual Fund manages ₹4,09,224.68 crore across 67 schemes. See its history, sponsors and top funds with returns and risk data.
UTI Mutual Fund is managed by UTI Asset Management Company Ltd and manages ₹4,09,224.68 crore (about ₹4.09 lakh crore) across 67 schemes. It emerged in 2003 when the Unit Trust of India was bifurcated into two components. This guide covers its history, sponsors and its top 10 funds with returns and risk data.
Key takeaways
- UTI Mutual Fund manages ₹4,09,224.68 crore (about ₹4.09 lakh crore) across 67 schemes and was incorporated on 14 November 2002.
- In 2003, the Unit Trust of India was bifurcated into SUUTI and UTI Mutual Fund; UTI MF was registered with SEBI on 1 February 2003.
- State Bank of India, Punjab National Bank, Bank of Baroda and Life Insurance Corporation each hold 18.24%, while T Rowe Price Group holds 26%.
- Vetri Subramaniam is Managing Director and CEO, and Imtaiyazur Rahman is MD.
- Its top 10 funds listed here are all debt-oriented, and some entries are discontinued plan variants.
What is UTI Mutual Fund?
In 2003, the Unit Trust of India was bifurcated into two components, SUUTI and UTI Mutual Fund (UTIMF), which was registered with SEBI on 1 February 2003. All UTI Mutual Funds are managed by UTI Asset Management Company Ltd.
Who owns UTI Mutual Fund?
Four large institutions each hold 18.24% of the shares: State Bank of India, Punjab National Bank, Bank of Baroda and the Life Insurance Corporation of India. A further 26% is held by the T Rowe Price Group, through its subsidiary T Rowe Price Global Investment Services Ltd.
What is UTI Mutual Fund known for?
According to the fund house's overview, UTI is a pioneer in the domestic industry. It offered the first Unit Linked Insurance Plan (ULIP) in 1971 and launched India's first offshore fund, the India Fund, in 1986. UTI Mastershare, one of the most popular and long-running schemes, was launched in 1986.
The UTI Wealth Builder Fund links two asset classes, gold and equity. The overview says UTI has nearly 11 million investors, over 50,000 AMFI certified independent financial advisors and over 200 full-time Financial Service Centres, and reaches most rural and semi-urban regions of India.
UTI Mutual Fund: key information
| Field | Detail |
|---|---|
| Total AUM | ₹4,09,224.68 crore (about ₹4.09 lakh crore) |
| Number of schemes | 67 |
| AMC age | 23 years |
| Incorporation date | 14 November 2002 |
| Sponsors | State Bank of India / Punjab National Bank / Bank of Baroda / Life Insurance Corporation |
| Trustee organisation | UTI Trustee Company Pvt Ltd |
| MD | Mr. Imtaiyazur Rahman |
| CEO | Vetri Subramaniam(Managing Director and Chief Executive Officer) |
| Compliance officer | Mr. Vivek Maheshwari |
| Address | UTI Tower, Plot C-1, GN Block, Banrda Kurla Complex, Bandra (East) Mumbai 400051 |
Top 10 UTI Mutual Funds ranked by an internal score
These are the fund house's top 10 funds, ranked by Invo Wealth's internal fund-quality score. The score itself is not shown, only the return and risk numbers behind it. A "--" means the fund has not completed that period or the data is unavailable.
Returns across 6 months to 5 years
Performance data as of 5 September 2026.
| Fund | Sub-category | 6M CAGR | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| UTI Banking & PSU Debt Fund | Banking & PSU Fund | 6.59% | 6.00% | 7.19% | 7.44% |
| UTI Ultra Short to Short Term Fund - Regular Plan - Growth | Low Duration Fund | 6.63% | 6.31% | 7.21% | 7.41% |
| UTI Ultra Short to Short Term Fund - Regular Plan - Discontinued Growth | Low Duration Fund | 6.63% | 6.31% | 7.02% | 7.10% |
| UTI - Money Market Fund | Money Market Fund | 7.17% | 6.52% | 7.34% | 6.64% |
| UTI Ultra Short Term Fund - Regular Plan - Discontinued Institutional Growth | Ultra Short Duration Fund | 6.70% | 6.08% | 6.80% | 6.69% |
| UTI Dynamic Term Fund | Dynamic Bond Fund | 4.44% | 4.52% | 6.45% | 8.70% |
| UTI - Gilt Fund - Regular Plan - Growth | Gilt Fund | 4.25% | 4.75% | 6.40% | 5.44% |
| UTI - Gilt Fund - Regular Plan - Discontinued PF Plan Growth | Gilt Fund | 4.25% | 4.75% | 6.40% | 5.44% |
| UTI Short Term Fund | Short Duration Fund | 5.46% | 5.25% | 6.96% | 6.99% |
| UTI Ultra Short Term Fund - Regular Plan - Growth | Ultra Short Duration Fund | 6.70% | 6.08% | 6.73% | 6.57% |
All funds listed are Regular Plan - Growth option. CAGR = compound annual growth rate.
Risk and consistency metrics
| Fund | ISIN | Mean 1Y rolling return | Volatility | Max drawdown (3Y) | Sortino ratio |
|---|---|---|---|---|---|
| UTI Banking & PSU Debt Fund | INF789F014Z9 | 7.20% | 0.97% | -0.41% | 0.33 |
| UTI Ultra Short to Short Term Fund - Regular Plan - Growth | INF789F01OT9 | 7.24% | 0.58% | -0.20% | 0.73 |
| UTI Ultra Short to Short Term Fund - Regular Plan - Discontinued Growth | INF789F01331 | 6.89% | 0.57% | -0.20% | 0.08 |
| UTI - Money Market Fund | INF789F01PX8 | 6.35% | 0.51% | -0.15% | 1.53 |
| UTI Ultra Short Term Fund - Regular Plan - Discontinued Institutional Growth | INF789F01PM1 | 6.43% | 0.42% | -0.07% | -1.18 |
| UTI Dynamic Term Fund | INF789F01JQ5 | 8.63% | 2.16% | -1.64% | -0.37 |
| UTI - Gilt Fund - Regular Plan - Growth | INF789F01661 | 5.50% | 3.15% | -3.30% | -0.27 |
| UTI - Gilt Fund - Regular Plan - Discontinued PF Plan Growth | INF789F01PT6 | 5.50% | 3.15% | -3.30% | -0.27 |
| UTI Short Term Fund | INF789F01QA4 | 6.99% | 1.10% | -0.56% | -0.05 |
| UTI Ultra Short Term Fund - Regular Plan - Growth | INF789F01570 | 6.29% | 0.42% | -0.07% | -1.61 |
Some entries in this list are plan variants of the same fund, including plans marked "Discontinued" in their names. All entries here are debt funds, with volatility ranging from 0.42% to 3.15%, so compare them within their categories and check which plan is currently open for investment.
How to invest in UTI Mutual Fund
You can invest online through the fund house's website or a platform of your choice. Sign up on Invo Wealth, get complete portfolio insights and start investing in mutual funds that actually suit you.
Conclusion
UTI Mutual Fund is one of the largest fund houses on this list, with 67 schemes and roots going back to the Unit Trust of India. Compare each fund's returns, volatility and drawdown with your goals before investing.
Frequently asked questions
How do I start an SIP in UTI Mutual Fund online?
You can start an SIP online through Invo Wealth, or through the fund house's website or any other online platform or mobile app. Choose a scheme, set the amount and begin.
How do I calculate a UTI Mutual Fund SIP?
An SIP calculation takes into account your investment amount, the SIP tenure, the number of instalments already paid and the expected interest rate.
How do I redeem a UTI Mutual Fund investment?
Offline, visit the nearest fund house office and submit a form. Online, sign in with your folio number on the official website, or redeem through any online portal where you invested.
Can I increase my UTI Mutual Fund SIP amount?
Yes, through a step-up or top-up SIP, which most fund houses now offer. Check with the fund house first and use a step-up calculator to decide the new amount.
How do I stop a UTI Mutual Fund SIP online?
Place a Cancel SIP request at any time. Log in to the fund house's website with your folio number, contact your agent, or use the platform where you invested.
Mutual fund investments are subject to market risks; read all scheme-related documents carefully. This article is for education only and is not investment advice. Past performance does not guarantee future returns. Invo Wealth is an AMFI-registered mutual fund distributor (ARN-368528).