UTI Multi Cap Fund
Multi CapVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹10.51+0.12%1 day
- Return since launch
- 4.0%
- 52-week range
- ₹9.16 — ₹10.80
- AUM
- ₹2,178 Cr
UTI Multi Cap Fund is a Multi Cap equity fund from UTI Mutual Fund with ₹2,178 Cr under management, launched in 2025. The expense ratio is 2.28% and the SEBI riskometer reading is Very High.
Performance
UTI Multi Cap Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.3% against +1.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.2% | −2.3 pts | 6.4% | 3.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.7% | +0.2 pts | -2.9% | -3.0% |
| 3M | 2.0% | +0.2 pts | 1.8% | 1.1% |
| 6M | 12.3% | −3.1 pts | 15.5% | 13.9% |
| 1Y | 3.3% | −3.2 pts | 6.4% | 1.6% |
Since launch (29 Apr 2025): 4.0%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.28%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.74%
- Brokerage
- 0.10%
- Transaction charges
- 0.00%
- Statutory levies
- 0.44%
- Exit load
- Exit load of 1%, if redeemed within 90 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty 500 Multicap 50:25:25 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
UTI Multi Cap Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity96.1%
- Debt1.5%
- Other2.4%
Market cap split
- Large39.1%
- Mid28.3%
- Small32.6%
- P/E
- 19.43
- P/B
- 2.95
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 5.34% | ₹116 Cr | +3.89% | +3.68% | +2.95% |
| HDFC Bank Ltd. | Financial | 4.56% | ₹99.26 Cr | +4.53% | +4.78% | +2.39% |
| Kotak Mahindra Bank Ltd. | Financial | 3.95% | ₹85.98 Cr | +4.03% | +4.32% | +2.47% |
| Axis Bank Ltd. | Financial | 3.70% | ₹80.50 Cr | +2.56% | +2.88% | +7.11% |
| Swiggy Ltd. | Services | 2.68% | ₹58.31 Cr | +1.05% | +1.13% | +1.95% |
| Voltamp Transformers Ltd. | Capital Goods | 2.25% | ₹49.09 Cr | +1.28% | — | — |
| Oil India Ltd. | Energy | 2.22% | ₹48.32 Cr | +1.83% | +1.67% | — |
| Coforge Ltd. | Technology | 2.10% | ₹45.66 Cr | +1.09% | +0.95% | +0.96% |
| Reliance Industries Ltd. | Energy | 1.99% | ₹43.42 Cr | +2.30% | +1.26% | — |
| Larsen & Toubro Ltd. | Construction | 1.86% | ₹40.45 Cr | +1.57% | +3.08% | +2.69% |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.75% | ₹38.01 Cr | — | — | — |
| Info Edge (India) Ltd. | Services | 1.72% | ₹37.47 Cr | +1.65% | — | — |
| General Insurance Corporation of India | Insurance | 1.71% | ₹37.25 Cr | +1.46% | +0.72% | — |
| Bharti Airtel Ltd. | Communication | 1.66% | ₹36.24 Cr | +1.78% | +1.10% | +2.95% |
| Others | Others | 1.64% | ₹35.76 Cr | +9.86% | +11.56% | +13.06% |
| Ultratech Cement Ltd. | Materials | 1.63% | ₹35.50 Cr | +1.53% | — | — |
| Bharat Heavy Electricals Ltd. | Capital Goods | 1.63% | ₹35.41 Cr | — | — | — |
| Gulf Oil Lubricants India Ltd. | Chemicals | 1.58% | ₹34.48 Cr | +1.25% | +1.03% | +1.19% |
| Praj Industries Ltd. | Capital Goods | 1.58% | ₹34.39 Cr | +0.74% | — | — |
| Crisil Ltd. | Services | 1.55% | ₹33.75 Cr | +1.41% | +1.34% | — |
| Vedant Fashions Ltd. | Services | 1.53% | ₹33.24 Cr | +1.27% | +0.84% | +1.05% |
| PVR Inox Ltd. | Services | 1.53% | ₹33.21 Cr | +1.35% | +1.03% | — |
| Tata Consultancy Services Ltd. | Technology | 1.52% | ₹33.18 Cr | +1.60% | +1.95% | +1.68% |
| Petronet LNG Ltd. | Energy | 1.52% | ₹33.07 Cr | +1.52% | +1.90% | +0.96% |
| HDB Financial Services Ltd. | Financial | 1.47% | ₹32.05 Cr | +1.60% | +1.48% | +0.48% |
| Affle 3I Ltd. | Technology | 1.44% | ₹31.26 Cr | +1.46% | +1.44% | +0.97% |
| Rainbow Children's Medicare Ltd. | Healthcare | 1.43% | ₹31.12 Cr | +1.09% | +0.98% | +1.04% |
| Tata Communications Ltd. | Communication | 1.42% | ₹31.02 Cr | +1.26% | — | — |
| SBI Life Insurance Company Ltd. | Insurance | 1.36% | ₹29.59 Cr | +1.45% | +0.98% | +0.92% |
| Global Health Ltd. | Healthcare | 1.35% | ₹29.34 Cr | — | — | — |
| Jindal Stainless Ltd. | Metals & Mining | 1.27% | ₹27.69 Cr | +1.38% | +2.07% | +1.14% |
| Jubilant FoodWorks Ltd. | Services | 1.23% | ₹26.78 Cr | +1.18% | +1.50% | +0.75% |
| Berger Paints India Ltd. | Materials | 1.23% | ₹26.76 Cr | +1.38% | +1.31% | +1.27% |
| Ajanta Pharma Ltd. | Healthcare | 1.22% | ₹26.54 Cr | +1.10% | +1.18% | +1.94% |
| Power Grid Corporation Of India Ltd. | Energy | 1.21% | ₹26.36 Cr | +1.20% | — | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.20% | ₹26.11 Cr | — | — | — |
| INDO-MIM Ltd. | Capital Goods | 1.19% | ₹25.99 Cr | — | — | — |
| JK Paper Ltd. | Consumer Staples | 1.14% | ₹24.77 Cr | +0.96% | — | — |
| Bajaj Finance Ltd. | Financial | 1.13% | ₹24.50 Cr | +2.25% | +2.58% | +3.39% |
| Mankind Pharma Ltd. | Healthcare | 1.11% | ₹24.19 Cr | — | — | — |
| Gillette India Ltd. | Consumer Staples | 1.11% | ₹24.19 Cr | +1.35% | +1.47% | +0.45% |
| Safari Industries (India) Ltd. | Consumer Discretionary | 1.10% | ₹23.86 Cr | +1.21% | +0.67% | +0.87% |
| AIA Engineering Ltd. | Metals & Mining | 1.09% | ₹23.84 Cr | +1.68% | — | +0.83% |
| Aurobindo Pharma Ltd. | Healthcare | 1.08% | ₹23.57 Cr | +1.00% | +1.56% | — |
| SPR Auto Technologies Ltd. | Automobile | 1.06% | ₹23.05 Cr | — | — | — |
| ICICI Prudential Asset Management Company Ltd. | Financial | 1.05% | ₹22.88 Cr | — | +1.33% | — |
| Marksans Pharma Ltd. | Healthcare | 1.03% | ₹22.34 Cr | +1.89% | +1.42% | +1.07% |
| Shriram Finance Ltd | Financial | 1.02% | ₹22.20 Cr | — | — | — |
| Prestige Estates Projects Ltd. | Construction | 1.01% | ₹22.05 Cr | — | — | — |
| Maruti Suzuki India Ltd. | Automobile | 1.01% | ₹21.96 Cr | +1.36% | +0.66% | — |
| Blue Star Ltd. | Consumer Discretionary | 0.94% | ₹20.49 Cr | — | — | +0.83% |
| Godrej Agrovet Ltd. | Consumer Staples | 0.93% | ₹20.22 Cr | +0.97% | +0.83% | — |
| Motherson Sumi Wiring India Ltd. | Automobile | 0.92% | ₹20.04 Cr | +1.09% | +1.01% | +0.42% |
| The Great Eastern Shipping Company Ltd. | Energy | 0.90% | ₹19.53 Cr | +0.69% | +0.89% | +1.27% |
| Dr. Lal Pathlabs Ltd. | Healthcare | 0.89% | ₹19.35 Cr | +1.24% | +1.57% | +1.67% |
| Coal India Ltd. | Materials | 0.88% | ₹19.23 Cr | +1.12% | — | — |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 0.85% | ₹18.53 Cr | +1.21% | +1.22% | — |
| Embassy Office Parks REIT | Construction | 0.80% | ₹17.40 Cr | — | — | — |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 0.80% | ₹17.36 Cr | +0.81% | +1.20% | +0.85% |
| Adani Enterprises Ltd. | Services | 0.79% | ₹17.15 Cr | — | — | — |
| Tube Investments Of India Ltd. | Automobile | 0.77% | ₹16.68 Cr | +2.01% | +2.06% | +1.61% |
| Metro Brands Ltd. | Consumer Discretionary | 0.73% | ₹15.92 Cr | +0.85% | +0.89% | +1.32% |
| PNC Infratech Ltd. | Construction | 0.73% | ₹15.84 Cr | +0.88% | +0.60% | +1.12% |
| NIIT Learning Systems Ltd. | Services | 0.69% | ₹15.07 Cr | +0.70% | +0.90% | — |
| Kirloskar Pneumatic Company Ltd. | Capital Goods | 0.64% | ₹13.85 Cr | +0.78% | — | — |
| Dhoot Transmission Ltd. | Capital Goods | 0.63% | ₹13.68 Cr | — | — | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 0.56% | ₹12.26 Cr | +1.00% | +0.95% | +1.41% |
| Seshaasai Technologies Ltd. | Services | 0.53% | ₹11.56 Cr | +0.40% | +0.39% | — |
| Clean Science And Technology Ltd. | Chemicals | 0.51% | ₹11.11 Cr | +0.55% | +0.53% | +0.34% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 0.49% | ₹10.71 Cr | +0.45% | +0.79% | — |
| GOI | Sovereign | 0.45% | ₹9.71 Cr | +0.49% | +0.53% | — |
| Rossari Biotech Ltd. | Chemicals | 0.45% | ₹9.70 Cr | +0.53% | +0.53% | +0.84% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 4.08% | 1.62% | -2.46% |
| Infosys Ltd. | 1.55% | 0.00% | -1.55% |
| Ashok Leyland Ltd. | 1.09% | 0.00% | -1.09% |
| SPR Auto Technologies Ltd. | 0.00% | 1.06% | +1.06% |
| ICICI Prudential Asset Management Company Ltd. | 0.00% | 1.05% | +1.05% |
| Axis Bank Ltd. | 2.02% | 1.01% | -1.01% |
| United Spirits Ltd. | 0.92% | 0.00% | -0.92% |
| Embassy Office Parks REIT | 0.00% | 0.80% | +0.80% |
| Indiamart Intermesh Ltd. | 0.76% | 0.00% | -0.76% |
| Shriram Finance Ltd | 0.37% | 1.02% | +0.65% |
| Dhoot Transmission Ltd. | 0.00% | 0.63% | +0.63% |
| REC Ltd. | 0.61% | 0.00% | -0.61% |
| Voltamp Transformers Ltd. | 1.68% | 2.25% | +0.58% |
| Ujjivan Small Finance Bank Ltd. | 1.21% | 1.75% | +0.53% |
| Bajaj Finance Ltd. | 1.61% | 1.13% | -0.48% |
| Larsen & Toubro Ltd. | 1.39% | 1.86% | +0.46% |
| Coforge Ltd. | 1.66% | 2.10% | +0.44% |
| HDFC Bank Ltd. | 4.92% | 4.56% | -0.36% |
| Vedant Fashions Ltd. | 1.19% | 1.53% | +0.34% |
| The Great Eastern Shipping Company Ltd. | 0.60% | 0.90% | +0.29% |
| Bharat Heavy Electricals Ltd. | 1.34% | 1.63% | +0.29% |
| Oil India Ltd. | 1.94% | 2.22% | +0.28% |
| Swiggy Ltd. | 2.41% | 2.68% | +0.27% |
| Praj Industries Ltd. | 1.32% | 1.58% | +0.26% |
| PNC Infratech Ltd. | 0.97% | 0.73% | -0.24% |
| Vedanta Aluminium Metal Ltd. | 0.96% | 1.20% | +0.24% |
| Prestige Estates Projects Ltd. | 0.80% | 1.01% | +0.22% |
| DCM Shriram Ltd. | 0.21% | 0.00% | -0.21% |
| Tube Investments Of India Ltd. | 0.97% | 0.77% | -0.20% |
| Kotak Mahindra Bank Ltd. | 3.75% | 3.95% | +0.19% |
| Adani Enterprises Ltd. | 0.97% | 0.79% | -0.19% |
| Marksans Pharma Ltd. | 0.84% | 1.03% | +0.18% |
| Inox India Ltd. | 0.18% | 0.00% | -0.18% |
| Info Edge (India) Ltd. | 1.89% | 1.72% | -0.17% |
| Rainbow Children's Medicare Ltd. | 1.57% | 1.43% | -0.15% |
| SBI Life Insurance Company Ltd. | 1.50% | 1.36% | -0.14% |
| Jubilant FoodWorks Ltd. | 1.11% | 1.23% | +0.12% |
| Motherson Sumi Wiring India Ltd. | 1.04% | 0.92% | -0.12% |
| Crisil Ltd. | 1.43% | 1.55% | +0.12% |
| INDO-MIM Ltd. | 1.08% | 1.19% | +0.11% |
| AIA Engineering Ltd. | 1.21% | 1.09% | -0.11% |
| Tata Motors Passenger Vehicles Ltd. | 0.96% | 0.85% | -0.11% |
| Ultratech Cement Ltd. | 1.73% | 1.63% | -0.10% |
| Bharti Airtel Ltd. | 1.76% | 1.66% | -0.09% |
| Reliance Industries Ltd. | 2.09% | 1.99% | -0.09% |
| Jindal Stainless Ltd. | 1.36% | 1.27% | -0.09% |
| Berger Paints India Ltd. | 1.31% | 1.23% | -0.08% |
| Maruti Suzuki India Ltd. | 1.08% | 1.01% | -0.07% |
| Gillette India Ltd. | 1.18% | 1.11% | -0.07% |
| Godrej Agrovet Ltd. | 0.86% | 0.93% | +0.07% |
| Petronet LNG Ltd. | 1.45% | 1.52% | +0.07% |
| PVR Inox Ltd. | 1.46% | 1.53% | +0.07% |
| Aurobindo Pharma Ltd. | 1.02% | 1.08% | +0.06% |
| Glenmark Pharmaceuticals Ltd. | 0.73% | 0.80% | +0.06% |
| Safari Industries (India) Ltd. | 1.16% | 1.10% | -0.06% |
| Tata Communications Ltd. | 1.48% | 1.42% | -0.06% |
| Metro Brands Ltd. | 0.79% | 0.73% | -0.06% |
| NIIT Learning Systems Ltd. | 0.75% | 0.69% | -0.05% |
| Mankind Pharma Ltd. | 1.16% | 1.11% | -0.05% |
| ICICI Bank Ltd. | 5.39% | 5.34% | -0.05% |
| Coal India Ltd. | 0.93% | 0.88% | -0.05% |
| General Insurance Corporation of India | 1.76% | 1.71% | -0.05% |
| Blue Star Ltd. | 0.99% | 0.94% | -0.05% |
| Clean Science And Technology Ltd. | 0.47% | 0.51% | +0.05% |
| Seshaasai Technologies Ltd. | 0.49% | 0.53% | +0.04% |
| HDB Financial Services Ltd. | 1.51% | 1.47% | -0.04% |
| Gulf Oil Lubricants India Ltd. | 1.54% | 1.58% | +0.04% |
| Global Health Ltd. | 1.31% | 1.35% | +0.04% |
| Kirloskar Pneumatic Company Ltd. | 0.67% | 0.64% | -0.04% |
| Mahindra & Mahindra Financial Services Ltd. | 0.52% | 0.49% | -0.03% |
| Rossari Biotech Ltd. | 0.47% | 0.45% | -0.03% |
| Ajanta Pharma Ltd. | 1.20% | 1.22% | +0.02% |
| Affle 3I Ltd. | 1.46% | 1.44% | -0.02% |
| GOI | 0.46% | 0.45% | -0.01% |
| Tata Consultancy Services Ltd. | 1.54% | 1.52% | -0.01% |
| JK Paper Ltd. | 1.15% | 1.14% | -0.01% |
| Dr. Lal Pathlabs Ltd. | 0.89% | 0.89% | -0.01% |
| Power Grid Corporation Of India Ltd. | 1.21% | 1.21% | 0.00% |
| Dixon Technologies (India) Ltd. | 0.56% | 0.56% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹5,292 Cr | 2.18% | 11.8% | 10.7% | — |
 Axis Multicap Fund | ₹11,985 Cr | 2.00% | 16.2% | 12.3% | — |
 HSBC Multi Cap Fund | ₹6,503 Cr | 2.05% | 11.9% | 9.9% | — |
 WhiteOak Capital Multi Cap Fund | ₹4,385 Cr | 2.22% | 7.6% | 10.3% | — |
 LIC MF Multi Cap Fund | ₹2,254 Cr | 2.14% | 11.0% | 10.2% | — |
 Bank of India Multi Cap Fund | ₹1,335 Cr | 2.50% | 12.4% | 11.0% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies across the market capitalization spectrum.
Fund managers
- Karthikraj LakshmananMr. Lakshmanan is Commerce Graduate, PGDBM (from SPJIMR, Mumbai), CA and has cleared CFA Level 3 (US CFAI).Prior to joining UTI Mutual Fund, he was associated with Baroda BNP Paribas AMC (Jul 14, 2008), ICICI Prudential AMC as Senior Research Analyst (Mar 9, 2007-Jul 10, 2008), Goldman Sachs Services Pvt. Ltd. as Business Analyst (Apr 3, 2006-Mar 6, 2007) and with ICICI Bank as Management Trainee.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months12.32% absolute | ₹60,000 | ₹67,392 | 12.32% | |
| 1 year3.25% annualised | ₹1,20,000 | ₹1,22,134 | 1.78% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of UTI Multi Cap Fund?
The NAV of UTI Multi Cap Fund is ₹10.51 as on 25 Sep 2026.
What is the expense ratio of UTI Multi Cap Fund?
The expense ratio of UTI Multi Cap Fund is 2.28% per year.
What is the minimum SIP amount for UTI Multi Cap Fund?
You can start a SIP in UTI Multi Cap Fund with ₹3,000 a month.
Is there a lock-in or exit load on UTI Multi Cap Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 90 days..
How risky is UTI Multi Cap Fund?
UTI Multi Cap Fund is rated Very High on the SEBI riskometer and belongs to the Multi Cap category.
Which fund house manages UTI Multi Cap Fund?
UTI Multi Cap Fund is managed by UTI Mutual Fund, which runs 66 schemes with ₹3,94,848 Cr under management.