UTI Multi Asset Allocation Fund
The fund is positioned as a defensive multi-asset portfolio with meaningful gold exposure serving as a portfolio stabiliser, while maintaining core exposure to quality domestic banks and FMCG stocks. The sharp reduction in cash and addition of 28 new holdings, particularly in financials and infrastructure plays, suggests the manager is deploying liquidity into cyclical opportunities while maintaining the hybrid structure. The modest monthly return reflects the cautious stance, though the tactical pivot toward banks and away from gold indicates growing conviction in a more growth-oriented market environment.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹87.1001 | +0.48% | — | — | — |
| Regular Growth | ₹77.8429 | +0.40% | +6.47% | +17.23% | +14.11% |
| Direct IDCW | ₹34.4428 | -0.27% | — | — | — |
| Regular IDCW | ₹29.3722 | -0.48% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| EQ - SHRIRAM FINANCE LTD | 0.85% |
| EQ - SUZLON ENERGY LTD. | 0.71% |
| EQ - ASHOK LEYLAND LTD | 0.57% |
| EQ - GE VERNOVA T & D INDIA LTD | 0.54% |
| EQ - FEDERAL BANK LTD. | 0.43% |
| EQ - BHARAT FORGE LTD. | 0.38% |
| EQ - SOLAR INDUSTRIES INDIA LTD. | 0.34% |
| EQ - VEDANTA LTD | 0.30% |
| EQ - APOLLO HOSPITALS ENTERPRISE LT | 0.25% |
| EQ - MTAR TECHNOLOGIES LTD | 0.15% |
| EQ - ACUTAAS CHEMICALS LIMITED | 0.14% |
| EQ - KARUR VYSYA BANK LTD. | 0.14% |
| EQ - TD POWER SYSTEMS LTD. | 0.10% |
| EQ - GREAT EASTERN SHIPPING CO. LTD | 0.09% |
| EQ - EMAMI LTD. | 0.05% |
| EQ - TRIVENI TURBINE LTD | 0.01% |
| EQ - EMCURE PHARMACEUTICALS LTD | 0.01% |
| EQ - ECLERX SERVICES LTD. | 0.01% |
| EQ - INDIAMART INTERMESH LTD | 0.01% |
| EQ - VEDANTA ALUMINIUM METAL LTD. | 0.13% |
| EQ - TALWANDI SABO POWER LTD. | 0.13% |
| EQ - VEDANTA IRON AND STEEL LTD. | 0.13% |
| EQ - MALCO ENERGY LTD. | 0.13% |
| NCD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT | 0.72% |
| CD - INDIAN BANK LTD. - 10/12/2026 | 1.40% |
| CD - HDFC BANK LTD - 09/03/2027 | 1.37% |
| CD - NABARD - 10/03/2027 | 0.69% |
| 6.68% GSEC MAT- 07/07/2040 | 0.27% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | MF UNITS UTI MF- GOLD EXCHANGE TRADED FUND ETF INF789F1AUX7 | 13.32% |
| 2 | EQ - ITC LTD. INE154A01025 | 2.88% |
| 3 | EQ - HDFC BANK LIMITED INE040A01034 | 2.75% |
| 4 | EQ - NESTLE INDIA LTD. INE239A01024 | 2.69% |
| 5 | EQ - ICICI BANK LTD INE090A01021 | 2.68% |
| 6 | EQ - TATA CONSULTANCY SERVICES LTD. INE467B01029 | 2.64% |
| 7 | EQ - INFOSYS LTD. INE009A01021 | 1.93% |
| 8 | EQ - BHARAT ELECTRONICS LTD. INE263A01024 | 1.91% |
| 9 | EQ - ASIAN PAINTS (INDIA) LTD. INE021A01026 | 1.87% |
| 10 | EQ - KOTAK MAHINDRA BANK LTD. INE237A01036 | 1.85% |
| 11 | NET CURRENT ASSETS | 1.82% |
| 12 | EQ - BRITANNIA INDUSTRIES LTD. INE216A01030 | 1.75% |
| 13 | EQ - STATE BANK OF INDIA INE062A01020 | 1.72% |
| 14 | EQ - COAL INDIA LTD. INE522F01014 | 1.62% |
| 15 | EQ - CUMMINS INDIA LTD. INE298A01020 | 1.60% |
| 16 | EQ - EICHER MOTORS LTD INE066A01021 | 1.49% |
| 17 | CD - INDIAN BANK LTD. - 10/12/2026 INE562A16QO6 | 1.40% |
| 18 | EQ - TITAN COMPANY LTD. INE280A01028 | 1.40% |
| 19 | EQ - BHARTI AIRTEL LTD. INE397D01024 | 1.39% |
| 20 | EQ - INTERGLOBE AVIATION LTD INE646L01027 | 1.38% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does UTI Multi Asset Allocation Fund hold?
UTI Multi Asset Allocation Fund holds 145 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 24.32% of NAV.
What is the largest holding in UTI Multi Asset Allocation Fund?
The largest position in UTI Multi Asset Allocation Fund is MF UNITS UTI MF- GOLD EXCHANGE TRADED FUND ETF, accounting for 13.32% of NAV in the - sector.
Is UTI Multi Asset Allocation Fund a concentrated or diversified fund?
With a Gini coefficient of 0.583, UTI Multi Asset Allocation Fund is moderately concentrated. The HHI concentration index is 28,336 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 24.32% of the portfolio.
What is the market cap allocation of UTI Multi Asset Allocation Fund?
Based on SEBI's AMFI classification, UTI Multi Asset Allocation Fund's equity portfolio is split as: Large Cap: 46.44%, Mid Cap: 14.04%, Small Cap: 2.26%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does UTI Multi Asset Allocation Fund invest in most?
UTI Multi Asset Allocation Fund has the highest allocation to - (18.36%), Banks (12.10%), IT - Software (7.40%). The fund is invested across 38 sectors in total.
How actively managed is UTI Multi Asset Allocation Fund compared to other Multi Asset Allocation funds?
UTI Multi Asset Allocation Fund has an Active Share of 67.66%, classifying it as "Active Stock Picker" among 32 Multi Asset Allocation peers. This indicates a moderate level of differentiation from category peers.
What changed in UTI Multi Asset Allocation Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, UTI Multi Asset Allocation Fund added 28 new stocks (including EQ - SHRIRAM FINANCE LTD) and exited 2 stocks (including EQ - DIVIS LABORATORIES LTD.). Total holding count increased from 121 to 147 stocks.