Investment Objective and Approach

The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of large-cap and mid-cap companies. The fund invests at least 65% of assets in equity and equity-related instruments of top 100 stocks by market capitalization listed on BSE, with minimum investment of 35% in large-cap companies and 35% in mid-cap stocks.

This fund invests in a combination of large and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. The rest of the assets are invested in other equities or money & debt market securities.

Key Investment Parameters:

- Minimum SIP Investment: ₹500

- Minimum Lumpsum Investment: ₹5,000

- Exit load: 1% if redeemed less than 1 year

- Risk Rating: Very High

Fund Managers

V Srivatsa is the current fund manager of UTI Large & Mid Cap Fund. Mr. Srivatsa is a B.Com (H), Chartered Accountant, CWA, and PGDM from IIM Indore. Prior to joining UTI Mutual Fund in 2002, he worked with Ford, Rhodes Parks & Co., Chartered Accountants and Madras Cements Ltd.

With over two decades of experience at UTI Mutual Fund, Mr. Srivatsa brings extensive expertise in equity fund management and has been instrumental in the fund's performance trajectory.

About the Fund House (UTI AMC)

UTI Asset Management Company (UTI AMC) is one of India's leading asset management companies that manages mutual funds, portfolio management services, and retirement solutions for individual and institutional investors. UTI Mutual Fund was launched by the Government of India in 1963, making it one of the oldest mutual fund companies in India, established through an Act of Parliament.

Company Highlights:

- As of 2024, UTI AMC manages assets worth ₹15.56 lakh crores

- Operates through more than 190 branches across the country

- Serves an investor base of more than 12 million live folios

- Commands a 5.04% market share in the mutual fund industry (FY25)

UTI has been a pioneer in launching various innovative schemes, including India's first Unit Linked Insurance Plan (ULIP) in 1971, UTI Master Share in 1986, India's first Offshore Fund - India Fund in 1986, and the UTI Wealth Builder Fund combining equity and gold asset classes. The fund house is backed by strong institutional shareholders including State Bank of India, Punjab National Bank, Bank of Baroda, and Life Insurance Corporation of India (each holding 18.24%), with T Rowe Price Group holding 26%.

Should I Invest in UTI Large & Mid Cap Fund?

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options, but be prepared for ups and downs in your investment value along the way. Like for all equity funds, you must invest only through the SIP route and should not invest if you need to redeem your investment in less than five years.

Fund Performance Indicators:

- Five-year annualized returns: 25.71% (as of 15-Aug-2025)

- Fund launch date: 14 November 2002

- The fund has consistently outperformed the benchmark (NIFTY 500) over 1Y, 3Y, 5Y time periods and is ranked 7 out of 21 mutual funds in the large & mid-cap category

This fund is suitable for investors seeking long-term capital appreciation with a balanced exposure to both large-cap stability and mid-cap growth potential. The combination provides diversification benefits while maintaining growth prospects.

FAQs

What is today's NAV of UTI Large & Mid Cap Fund?

The latest NAV of UTI Large & Mid Cap Fund Direct Plan is ₹188.33 as of 15-Aug-2025. NAV fluctuates daily based on market conditions and can be checked on the UTI AMC website or financial platforms.

What is the AUM of UTI Large & Mid Cap Fund?

The fund currently has an Asset Under Management (AUM) of ₹3,73,665 crores as of 13-Aug-2025, making it one of the larger equity mutual funds in India.

What is the expense ratio of UTI Large & Mid Cap Fund?

The fund has an expense ratio of 1.92%, which is reasonable compared to most other equity mutual fund schemes. Direct plans typically have lower expense ratios than regular plans.

What are the returns of UTI Large & Mid Cap Fund since inception?

Since its inception on 14 November 2002, the fund has delivered consistent long-term returns. The five-year annualized return stands at 25.71% as of 15-Aug-2025, demonstrating strong performance over extended periods.

What is the minimum SIP amount to invest in UTI Large & Mid Cap Fund?

The minimum SIP investment amount is ₹500, making it accessible for retail investors looking to start systematic investing with modest amounts.

How do I invest in UTI Large & Mid Cap Fund?

You can invest through Allvest's platform, directly through UTI AMC's website, or through registered mutual fund distributors. The fund can be purchased from the UTI Mutual Fund website, and most banks also facilitate mutual fund investments.

How to start a SIP in UTI Large & Mid Cap Fund?

You can start a SIP through Allvest by completing KYC requirements and setting up automatic debits. The minimum SIP amount is ₹500 and can be set up monthly, quarterly, or at other intervals.

How do I automate an SIP in UTI Large & Mid Cap Fund?

Through Allvest, you can set up automatic SIP instructions by providing bank mandate authorization. This ensures timely investments without manual intervention each month, helping maintain investment discipline.

How can I withdraw/redeem my investment in UTI Large & Mid Cap Fund?

You can redeem your investment through Allvest's platform, UTI AMC's website, or by submitting redemption forms. Note that a 1% exit load applies if redeemed within one year of investment.