UTI Aggressive Hybrid Fund

(Erstwhile UTI Hybrid Equity Fund)

December 2023
Riskometer#
An open-ended hybrid scheme investing predominantly in
equity and equity related instruments CRISIL Hybrid 35+65 -
UTI Aggressive Hybrid Fund
Aggressive Index
This product is suitable for investors who are seeking*:
• Long term capital appreciation
• Investment in equity instruments (maximum - 80%) and fixed
income securities (debt and money market securities)
*Investors should consult their financial advisers if in doubt
about whether the product is suitable for them. Investors understand that their principal Benchmark riskometer is at High Risk.
will be at Very High Risk.

#The Risk-o-meter is evaluated on monthly basis and any changes to Risk-o-meter are disclosed vide addendum on monthly basis, to view the latest addendum on Risk-o-meter, please visit
1 the addenda section on https://www.utimf.com/downloads
 Rationale for Aggressive Hybrid Fund

Asset allocation with

equity & fixed income

Upside of equity with Long term wealth

limited downside risk creation

Active allocation
within stated limits

2
 Why Asset Allocation?

Key Drivers of Investment Returns Key Drivers of Other Investment Objectives

Asset
Allocation
91.5% Diversification

Stock
4.60%
Selection
Risk
Mitigation
Other 2%

Market No Need for

2%
timing Market Timing

3
 Equity vs Fixed Income – Performance in alternate cycle

Calendar Year Performane

Nifty 50 TRI Nifty 10 year G Sec

33% 30%
29%
26%
19% 21%
15% 15% 13% 16%
11% 8% 9% 9% 8%
7% 4% 5%6% 6%
4% 3% 1%
0% 0%

-1% -3%

-24%
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

▪ Winners keep rotating

▪ Difficult to predict cycles in any given market environment.
▪ Assets with relatively lesser or negative correlation can provide coverage from extreme behavior
▪ Investors can hedge their portfolio risk through asset class diversification
The above asset classes though are not strictly comparable as they have different risk profiles. Calendar year returns in % terms, CYTD* till December 31, 2023.
4 Source: MFIE, Past performance may or may not sustain in the future.
 Allocation to Hybrid has a Merit

Nifty 50 TRI Nifty 10 yr G Sec NIFTY 50 Hybrid Composite Debt 65:35 Index

21.30%

17.21%
16.37% 16.24%
13.23% 12.88% 13.64%
10.50%
8.08%
5.53%
4.18%
3.22%

1 yr 2 yrs 3 yrs 5 yrs

▪ Equity Market volatility is difficult to be predicted. Allocation to hybrid can be a solution.

▪ Hybrid brings growth potential with stability from fixed income allocations

5 Data as on December 31, 2023. Source: MFIE. Past performance may or may not be sustain in the future.
 Value Philosophy

CORE TENETS

01 02 03

Valuation RoCE > Cost of Capital Sound Businesses

- Below historical averages - Past Track Record - Fundamentally resilient
- Relative value - Future Growth Potential - Corporate Governance

A disciplined valuation approach that attempts to benefit from the fluctuations

in the valuation cycle of stocks
6
 Exclusion Filter

Poor operating Companies with Companies that

cash flow and/or debt servicing could experience
weak RoCE through challenges a significant
an entire cycle decline in terminal
value

Weak corporate Mature

governance or businesses
poor treatment of with at
minority expensive
shareholders valuations

7
 UTI Equity Investments Process – Score Alpha

TEAM PROCESS STRATEGIES

• Standardized research methodology

• Companies get Operating Cash Flow
(OCF) & Return on Capital Employed
• Team driven approach (RoCE) ratings based on their previous 5 • Support diverse
years financials strategies
• Discussions & Reviews
3-Tier Rating System • Style discipline –
mandate & style drive
the choice of stocks
across the OCF &
RoCE tiers
• Identifying good stocks, avoiding poor
stocks
• Consistency over time

▪ OCF rating based on number of years in which company has generated positive OCFs in the past 5 years (for manufacturing companies).
▪ RoCE / Implied RoE Tiers rating based on the past 5 years average return on capital (for manufacturing companies & non-lending NBFCs) & return on assets for banks
8 & NBFCs (including housing finance companies)
 Investment Framework – Equity Portfolio

Relative Value
01 Investment Style Preference for stocks trading cheaper relative to
their history/ peers/ growth potential

Blend Approach
02 Stock/Sector Selection Sector Selection : Top-down &
Stock Selection : Bottom-up

Biased to Large cap stocks

03 Market Cap Large Cap: 65-75%, Mid and Small Cap: 25-35%
^% Allocations for equity portfolio only

Single Sector – Lower of 35% or Benchmark plus 12%

04 Internal Limits* Single Stock – Maximum of 10%
Top 10 Stocks – Maximum of 55%

Moderate Churn
05 Portfolio Turnover Moderate churn portfolio aiming for sustainable alpha
generation over the long-term

9
 Investment Strategy – Equity Portfolio

Evaluate businesses based on their ability to generate RoCEs > Cost of

Capital over the entire cycle & benefit from mean reversion

Margin of safety – Stocks trading cheaper relative to their history or

peers

In picking mid and small-cap stocks, the strategy displays heightened

sensitivity to cash flow, leverage and growth attributes to manage risk

Sector selection – Top-down approach to picks sectors available at

below mean valuations with reasonable prospects

Valuation metrics - P/E and RoE of the portfolio would be significantly

lower than the values for the benchmark index reflecting the
investment strategy

10
 Examples of Relative Valuation

Information Technology Metals & Mining Consumer Durables

Active Weight Active Weight Active Weight
4.0 P/E Ratio of Nifty IT Index 45.0 P/B Ratio of Nifty Metal Index PE Ratio of Nifty Consumer Durables
40.0 3.0 3.0 0.0 120
3.0
-1.0
2.0 35.0 100
2.0 2.5 -2.0
Active Weight (%)

Active Weight (%)

Active Weight (%)
30.0

PE Ratio of Index
1.0 -3.0
1.0 2.0 80

P/E (x)
25.0 -4.0

P/B (x)
0.0
20.0 0.0 1.5 -5.0 60
-1.0 -6.0
15.0
-1.0 1.0 40
-2.0 -7.0
10.0
-8.0
-3.0 -2.0 0.5 20
5.0 -9.0
-4.0 0.0 -3.0 0.0 -10.0 0
Jun-19

Jun-20

Jun-21

Jun-22

Jun-23

Jun-19

Jun-20

Jun-21
Dec-21
Jun-22

Jun-23
Dec-18

Dec-19

Dec-20

Dec-21

Dec-22

Dec-23

Dec-18

Dec-19

Dec-20

Dec-22

Dec-23
Jun-19

Jun-20

Jun-21

Jun-22

Jun-23
Dec-18

Dec-19

Dec-20

Dec-21

Dec-22

Dec-23
▪ The fund’s strategy is based on a top-down approach of identifying sectors trending at attractive valuations relative to history
▪ The active weight positions in the fund are driven by the attractiveness of valuations in the sectors

11 Data as of December 31, 2023. Source: Nifty Indices,

 Portfolio Statistics

Quants Market Capitalization* Portfolio Composition

Month-end AUM INR 5,215 Cr OCF ROCE

Large Cap 68%
Total Stock Count 62 C1 81% R1 54%
Mid Cap 24%
Active Share 52% C2 12% R2 28%

%Top-10 Holdings 50% Small Cap 8% C3 7% R3 18%

Quantitative Indicators Fund S&P BSE 200

Beta 1.09 Price to Book 4.17 7.93

Standard Deviation 10.78%
Price to Earnings 26.48 34.01
PTR 0.30%
Sharpe Ratio 1.22 Return on Equity 17.10 19.08

Data as of December 31, 2023. The equity exposure in the scheme is rebased to 100. Active Weight is compared to S&P BSE Sensex 50 Index.
BM – Benchmark SD – Standard Deviation, PTR – Portfolio Turnover Ratio, RoCE – Return on Capital Employed., OCF – Operating Cash Flow.
OCF Tiers (C) – 3 tiers based on the number of years in which they have generated positive operating cash flows in the previous 5 years (for manufacturing companies).
RoCE/ Implied RoE Tiers (R) – 3 tiers based on the previous 5-year average return on capital (for manufacturing companies & non-lending NBFCs) & based on the
12 previous 5-year average return on asset for banks & NBFCs (including HFCs).
 Portfolio Snapshot – Equity (Top Holdings & Unique Stocks)
Equity Top-20 Holdings Unique Stocks
Company Name Sector % NAV* % AW Company Name Sector % NAV*
HDFC Bank Ltd Financial Services 10.31 0.66 Phoenix Mills Ltd Realty 1.25
ICICI Bank Ltd Financial Services 7.38 2.19
Ajanta Pharma Ltd Healthcare 1.10
Reliance Industries Ltd Oil & Gas 6.20 -0.44
Infosys Ltd IT 5.97 1.87 Apollo Tyres Ltd Automobile 1.05
Larsen & Toubro Ltd Construction 4.75 1.58 Emami Ltd FMCG 1.01
ITC Ltd FMCG 4.00 0.95 Nippon Life India AMC Financial Services 0.98
Mahindra & Mahindra Ltd Automobile 3.45 2.22
Fortis Healthcare Ltd Healthcare 0.95
Indusind Bank Financial Services 2.81 2.03
Raymond Ltd Textiles 0.94
Axis Bank Ltd Financial Services 2.68 0.35
HCL Technologies Ltd IT 2.56 1.41 G R Infraprojects Ltd Construction 0.91
Tata Motors Ltd Automobile 2.26 2.08 Marksans Pharma Ltd Healthcare 0.89
State Bank of India Financial Services 2.23 0.40 GHCL Ltd Chemicals 0.84
GAIL (India) Ltd Oil & Gas 2.20 1.87
SP Apparels Ltd Textiles 0.76
Hindalco Industries Ltd Metals & Mining 2.13 1.46
Mahindra Holidays & Resorts In Consumer Services 0.64
Bharti Airtel Ltd Telecom 1.89 -0.05
Interglobe Aviation Ltd Services 1.76 1.49 Prestige Estates Projects Ltd Realty 0.62
Hero Motocorp Ltd Automobile 1.68 1.28 Great Eastern Shipping Co Ltd Services 0.61
Bajaj Auto Ltd Automobile 1.50 0.93 Crompton Greaves Consumer
Consumer Durables 0.59
NMDC Ltd Metals & Mining 1.29 1.11 Electrical
Tata Steel Ltd Metals & Mining 1.29 0.45 Sundaram Finance Ltd Financial Services 0.57

Data as of December 31, 2023.

*The equity exposure in the scheme is rebased to 100. The portfolio above shows Top-20 equity holdings under the scheme, for the detailed portfolio visit
13 www.utimf.com. %AW - Active Weight % and Unique Stocks are compared to the S&P BSE 200.
 Equity Portfolio – Active Stock Position & Sector Break-up
Active Stock Position (vs Equity Component of Benchmark – S&P BSE 200) Sectoral Breakdown (%) – vs S&P BSE 200
Overweight (Top 5)
Stock Name Sector % NAV* %AW %-20.00
NAV -15.00 -10.00 %
-5.00 Active
0.00 Weight
5.00 10.00

Financial Services 31.9 0.5

Mahindra & Mahindra Ltd Automobile 3.45 2.22 Automobile 11.3 4.7
IT 10.2 -0.6
ICICI Bank Ltd Financial Services 7.38 2.19 Oil & Gas 9.8 0.1
Tata Motors Ltd Automobile 2.26 2.08 Healthcare 8.2 3.5
Construction 5.7 2.5
Indusind Bank Financial Services 2.81 2.03 FMCG 5.0 -3.5
Metals & Mining 4.7 1.0
GAIL (India) Ltd Oil & Gas 2.20 1.87 Textiles 2.4 2.2
Services 2.4 1.3
Infosys Ltd IT 5.97 1.87 Telecom 2.2 -0.2
Realty 1.9 1.1
Stock Name Sector % NAV* %AW
Chemicals 1.6 0.0
Tata Consultancy Services Ltd IT - -2.89 Construction Materials 1.0 -1.3
Consumer Services 0.6 -2.0
Kotak Mahindra Bank Ltd Financial Services - -2.03 Media 0.6 0.4
Consumer Durables 0.6 -2.6
Hindustan Unilever Ltd FMCG - -1.77 Power -3.7
Diversified -0.1
Bajaj Finance Ltd Financial Services - -1.52
Capital Goods -3.3
Titan Co Ltd Consumer Durables - -1.14 0 10 20 30 40 50 60

Underweight (Top 5)

14 Data as of December 31, 2023 *The equity exposure in the scheme is rebased to 100. %AW - % Active Weight
 Portfolio Commentary – Equity Portfolio
▪ Our strategy is based on a top-down approach of identifying sectors trending at attractive valuations relative to
history, coupled with fundamentals and bottom-up of identifying growth-oriented small and mid-cap stocks which
are undervalued with regards to its growth.

▪ We continue to be positive on domestic oriented sectors on the back of strong growth momentum and have
active weights in automobiles, real estate, financial services construction and services which we believe fits well
both on attractive medium-term growth and reasonable valuations.

▪ We have added exposures in textile and oil and gas in the last quarter led by decent correction in the stocks in
the sectors and decent outlook on the commodities given the muted supply outlook.

▪ The fund cut its weight in IT and went underweight on IT as the environment has turned weak and we see scope for
earnings downgrades and valuations are above mean. We marginally cut our overweights on automobiles and
construction.

▪ The fund is underweight on entire consumer sector – durables, services and FMCG on the back of high valuations
not supported by growth prospects.

▪ The fund has is also underweight on capital goods and power on the back of expensive valuations.

▪ Large mid and small cap weights have remained stable in the last quarter.

15
 UTI Fixed Income Investments Framework: The “GIMS”
GATE
• Encompasses issuer
onboarding through
rigorous analysis and
research process
• Aims to build the
investment universe in
line with investment
policies
A Systematic Approach to Debt Investing
16
INVESTMENTS
• Comprehensive fund
strategy framework
• Incorporates:
• Fund Strategy and Style
• Risk management
Framework
• Potential Risk Class Matrix
• Risk Limits are central to
strategy
• Experienced team
• Best in class front-office,
active monitoring
MONITORING &
SURVEILLANCE
• Monitoring and review
of investment universe
• Market Data Analytics
• Early Warning Signal
(EWS) parameters
• Use external sources
for added surveillance
• Automation for
increased efficiency
 Investment Strategy – Fixed Income Portfolio

The Fund intends to invest 20-25% of the portfolio in debt & money
Market Instruments

Aims to invest in well-researched & high-quality issuers along with

tactical allocation to Sovereign Securities, to maintain credit quality
and liquidity

Fund Manager intends to take incremental exposure in securities with

credit rating up to “AA+ & above”

For Fixed Income, endeavor is to follow accrual strategy

Fund Manager takes view on portfolio duration basis interest rate

scenario and outlook

17
 Portfolio Snapshot – Fixed Income
Rating Profile Fixed Income Portfolio
Issuer Name Rating % NAV
Sov 52% GSEC/SDL/T-Bills Sov 51.63
Top-10 (Non-Sovereign) 35.25
AAA/Eq 33% Power Finance Corporation Ltd AAA 7.87
REC Ltd AAA 6.83
AA+/AA 8% HDFC Bank Ltd AAA 5.18
Canara Bank AA+ 2.72
TREPS/Repo/Cash 7% Shriram Finance Ltd AA+ 2.07
Summit Digitel Infrastructure Ltd AAA 2.00
Tata Motors Finance Ltd AA 1.72
Quantitative Indicators Small Industries Development Bank of India AAA 1.72
HDB Financial Services Ltd AAA 1.72
YTM 7.59% Mahindra & Mahindra Financial Services Ltd AAA 1.72
Jamnagar Utilities & Power Private Ltd AAA 1.72
Average Maturity 12.24 years
Other Issuers (Non-Sovereign) 5.97
Modified Duration 5.92 years TREPS/Repo/Cash 7.15
Total 100.00
18 The fixed income is rebased to 100. Data as of December 31, 2023.
 Portfolio Commentary – Fixed Income Portfolio

▪ For Fixed Income, endeavor is to follow Accrual strategy

▪ We have increased the duration in the range of 5.50 to 6 years primarily through sovereign securities

▪ Considering long term nature of fund and medium-term view on rates, we will continue to maintain duration in the
range of 5.50 to 6 years

▪ Focus on the quality and liquidity of the portfolio. Hence, the allocation would primarily be towards sovereign
securities, AAA rated PSU Bonds and AAA & AA+ rated securities of other issuers with proven track record

19
 Fund Features

To generate long term capital appreciation by investing predominantly in equity and equity related
securities of companies across the market capitalization spectrum. Also invests in debt and money
market instruments with a view to generate regular income.
Investment Objective
However, there is no assurance or guarantee that the investment objective of the scheme would be
achieved.

Type of Scheme An open ended hybrid scheme investing predominantly in equity & equity related instruments

Fund Manager Equity: V Srivatsa Fixed Income: Sunil Patil

Benchmark CRISIL Hybrid 35+65 Aggressive Index

Entry Load: Not Applicable

Exit Load:
Load Structure A. Redemption/ Switch-out within 12 months from the date of allotment:
(i) Up to 10% of the allotted Units – NIL
(ii) beyond 10% of the allotted Units ‐ 1.0%
B. Nil thereafter

Minimum Application Initial Purchase: ₹5000 and in multiples of ₹1/-

Amount Additional Purchase: ₹1,000 and in multiples of ₹1/-

20 For further details, please refer to the Scheme Information Document available on the website www.utimf.com
 Why invest in UTI Aggressive Hybrid Fund?
✓ Long performance track record of more than 25 years
▪ Performance across market cycles*
✓ Portfolio diversification
▪ Distinct asset classes of equity & fixed income help attain diversification for the portfolio
✓ Quality Portfolio mix of equity & fixed income
▪ Focus on established large-cap names & quality fixed income issuers
✓ Can be an alternate Source of Income
▪ Using Systematic Withdrawals (SWP)
✓ Tax Advantage
▪ Tax efficient compared to other avenues **

Suitable for:
✓ Investors who are seeking long term capital appreciation
✓ Investors looking to diversify through portfolio mix of equity (for growth) and fixed income for (limiting downside)

21 *Past performance may or may not be sustain in the future. **Subject to prevailing tax laws.
 Portfolio Managers

Mr. V Srivatsa is an Executive Vice President & Fund Manager – Equity at UTI AMC LTD

He is a B.Com graduate, C.A., C.W.A., and has a PGDM from IIM, Indore. He has been with UTI AMC since 2002.

Prior to joining UTI, he worked with Ford, Rhodes Parks & Co., Chartered Accountants for 2 years, and as Officer Audit in Madras Cements
LTD

He started in UTI AMC in the Department of securities research covering varied sectors such as IT, Capital goods, and Metals. He was
promoted as fund manager offshore in December 2005 after a three-year stint in the Dept. of Security Research. He was given additional
responsibilities of the equity portion of hybrid funds in October 2009.

Mr. Sunil Patil has been associated with UTI AMC Ltd for more than 3 decades. He holds a degree in Masters in Financial Management
and Masters in Commerce.

He has over 34 years of rich experience in Primary Market Investment and Dealing. He is an integral part of the Fixed Income Fund
Management team and is currently managing the fixed-income portfolio of certain hybrid strategies, fixed income Index funds and
close-ended and interval fixed income funds.

22
 Performance Track Record – Fund Performance vs Benchmark
Return (%) Growth of ₹10,000/-

Period B: CRISIL Hybrid 35-

B: CRISIL Hybrid 35-
Scheme AB: NIFTY 50 Index Scheme 65 Aggressive AB: NIFTY 50 Index
65 Aggressive
Index

1 Year 25.45 18.40 21.30 12,545 11,840 12,130

3 Years 20.03 14.11 17.21 17,293 14,858 16,103

5 Years 14.93 14.16 16.23 20,060 19,397 21,221

Since Inception 14.83 NA NA 552,622 NA NA

B - Benchmark, AB - Additional Benchmark, TRI - Total Return Index Data as on December 31, 2023
Past performance may or may not sustain in the future.
Different plans shall have a different expense structure. The performance details provided herein are of regular plan (growth option).
Returns greater than 1 year period are Compound Annual Growth Rate (CAGR).
Inception of scheme/plan Jan 02, 1995. Date of allotment in the scheme/plan has been considered for inception date.
The current fund manager Mr. V Srivatsa is managing the scheme since Nov 2009 and Mr. Sunil Patil is managing the scheme since Feb 2018.
Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.
In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation of returns.
When scheme/additional benchmark returns are not available, they have been shown as NA.

23
 Performance of other schemes managed by Mr. V Srivatsa
1 Year 3 Years 5 Years
Scheme Names Benchmark
Scheme Benchmark Scheme Benchmark Scheme Benchmark

UTI Retirement Fund CRISIL Short Term Debt

16.69 14.10 13.35 10.80 10.12 11.55
(Equity Portion) Hybrid 60:40 Index

UTI Equity Savings Fund CRISIL Equity Savings

15.73 12.25 11.95 9.97 10.02 10.62
(Equity Portion) Index

UTI Large & Mid Cap Nifty Large Midcap 250

34.43 32.66 25.54 23.84 17.75 19.46
Fund TRI

▪ Mr.V Srivatsa manages 5 open-ended schemes of UTI Mutual Fund.

▪ Past performance may or may not be sustained in future.
▪ Assuming that all payouts during the period have been reinvested in the units of the scheme at the immediate ex-div NAV.
▪ Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.
▪ Different plans shall have a different expense structure. The performance details provided herein are of Growth Option (Regular Plan) as of December 31,2023.
▪ UTI Equity Savings Fund has been in existence for more than 3 years but less than 5 years.

24
 Performance of other schemes managed by Mr. Sunil Patil
1 Year 3 Years 5 Years
Scheme Name Benchmark
Scheme Benchmark Scheme Benchmark Scheme Benchmark

UTI Children’s Career Fund - CRISIL Short Term Debt

13.37 14.10 10.39 10.80 9.13 11.55
Savings Plan (Debt Portion) Hybrid 60:40 Index

UTI Retirement Fund CRISIL Short Term Debt

16.69 14.10 13.35 10.80 10.12 11.55
(Debt Portion) Hybrid 60:40 Fund Index

UTI Equity Savings Fund

CRISIL Equity Savings Index 15.73 12.25 11.95 9.97 10.02 10.62
(Debt Portion)

UTI Multi Asset Allocation S&P BSE 200, Gold & CRISIL
29.14 19.00 14.66 14.17 12.11 14.65
Fund (Debt Portion) Bond Fund Index

UTI Unit Linked Insurance Plan Nifty 50 Hybrid Composite

11.97 14.27 7.80 11.01 7.44 12.35
(Debt Portion) Debt 50:50 Index

▪ Mr. Sunil Patil manages 6 open-ended schemes of UTI Mutual Fund.

▪ Past performance may or may not sustain in the future.
▪ Assuming that all payouts during the period have been reinvested in the units of the scheme at the immediate ex-div NAV.
▪ Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.
▪ Different plans shall have a different expense structure. The performance details provided herein are of Growth Option (Regular Plan) as of December 31,2023.
▪ UTI Equity Savings Fund has been in existence for more than 3 years but less than 5 years.

25
 Product Label & Riskometer
This product is suitable for investors who are Scheme Benchmark
Scheme Name Benchmark Name
seeking* Riskometer# Riskometer
• Long term capital appreciation and income
UTI Equity Savings Fund CRISIL Equity Savings • Investment in equity & equity related instruments,
(An open-ended scheme investing in equity,
Index arbitrage opportunities, and investments in debt and
arbitrage and debt)
money market opportunities
• Long term capital appreciation
UTI Multi Asset Allocation Fund 65% S&P BSE 200,10%
• Investment in equity instruments (maximum-80%) and
(An open-ended scheme investing in equity, debt price of Gold & 25%
fixed income securities (debt and money market
and Gold ETFs) CRISIL Bond Index
securities)

UTI Children’s Career Fund – Savings Plan

• Long term capital appreciation
(An open-ended fund for investment for children CRISIL Short Term Debt
• Investment in equity instruments (maximum-40%) and
having a lock-in for at least 5 years or till the child Hybrid 60+40 Index
debt instruments
attains age of majority (whichever is earlier))

UTI Large & Mid Cap Fund • Long term capital appreciation
Nifty LargeMidcap 250
(An open-ended equity scheme investing in both • Investment predominantly in equity instruments of
TRI
large cap and mid cap stocks) both large cap and mid cap companies
UTI Retirement Fund CRISIL Short Term Debt • Long term capital appreciation
(An open-ended retirement solution-oriented
Hybrid 60+40 Index • Investment in equity instruments (maximum - 40%)
scheme having a lock-in of 5 years or till retirement
and debt/money market instruments
age (whichever is earlier)

UTI Unit Linked Insurance Plan Nifty 50 Hybrid • Long term capital appreciation
(An open-ended tax saving cum insurance Composite Debt 50:50 • Investment in equity instruments (maximum - 40%) and
scheme) Index debt instruments

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

#The Risk-o-meter is/are evaluated on monthly basis and any changes to Risk-o-meter are disclosed vide addendum on monthly basis, to view the latest addendum on Risk-o-meter, please
visit the addenda section on https://www.utimf.com/downloads
26
 Disclaimer
REGISTERED OFFICE: UTI Tower, ‘GN’ Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400051. Phone: 022 – 66786666. UTI Asset Management Company
Ltd (Investment Manager for UTI Mutual Fund) Email: invest@uti.co.in. (CIN-U65991MH2002GOI137867). For more information, please contact the nearest UTI
Financial Centre or your AMFI/NISM certified UTI Mutual Fund Independent Financial Advisor (IFA) for a copy of the Statement of Additional Information,
Scheme Information Document, and Key Information Memorandum cum Application Form.

Disclaimers: The information on this document is provided for information purposes only. It does not constitute any offer, recommendation, or solicitation to
any person to enter any transaction or adopt any hedging, trading, or investment strategy, nor does it constitute any prediction of likely future movements
in rates or prices or any representation that any such future movements will not exceed those shown in any illustration. Users of this document should seek
advice regarding the appropriateness of investing in any securities, financial instruments, or investment strategies referred to in this document and should
understand that statements regarding future prospects may not be realized. The recipient of this material is solely responsible for any action taken based on
this material. Opinions, projections, and estimates are subject to change without notice.

UTI AMC Ltd is not an investment adviser and is not purporting to provide you with investment, legal, or tax advice. UTI AMC Ltd or UTI Mutual Fund (acting
through UTI Trustee Company Pvt. Ltd) accepts no liability and will not be liable for any loss or damage arising directly or indirectly (including special,
incidental, or consequential loss or damage) from your use of this document, howsoever arising, and including any loss, damage or expense arising from,
but not limited to, any defect, error, imperfection, fault, mistake or inaccuracy with this document, its contents or associated services, or due to any
unavailability of the document or any part thereof or any contents or associated services.

The fund Strategy shown is subject to change with respect to peer-set and benchmark. Limits mentioned are internal prudential norms. For asset allocation
and related details, please refer to the Scheme Information Document of the respective schemes.

All complaints, regarding UTI Mutual Fund can be directed towards service@uti.co.in and for any unsatisfactory or lack of response visit www.scores.gov.in
(SEBI SCORES portal) and /or visit https://smartodr.in/ (Online Dispute Resolution Portal).

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

27
 Thank You

28
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.