UTI Multi Asset Allocation Fund vs UTI Quant Fund
Direct Plan, Growth option · Data as on 30-10-2026
UTI Multi Asset Allocation Fund is a Multi Asset fund and UTI Quant Fund is a Thematic fund. In the year to 30-10-2026, UTI Multi Asset Allocation Fund (Direct) returned −2.4% and UTI Quant Fund (Direct) returned −6.2%. UTI Multi Asset Allocation Fund charges 0.89% a year and UTI Quant Fund 1.09% (Direct plans). Their portfolios overlap 48.7%: they hold 70 of the same securities.
UTI Multi Asset Allocation Fund
Multi Asset
- 1 year return
- −2.4%
- Expense ratio
- 0.89%
- NAV
- ₹84.24
Which is better, UTI Multi Asset Allocation or UTI Quant? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Multi Asset Allocation returned more over 1 year: −2.4% against −6.2%.
- UTI Multi Asset Allocation costs less: 0.89% a year against 1.09% (Direct plans).
- UTI Multi Asset Allocation fell less in its worst fall since 24-01-2025: −11.0% against −14.5%.
- UTI Quant holds more in large companies: 64.5% of the fund in large caps against 48.7%.
- UTI Multi Asset Allocation is the larger fund: ₹6,634 Cr against ₹1,361 Cr.
- Their portfolios overlap 48.7%: 70 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | UTI Multi Asset Allocation Fund | UTI Quant Fund |
|---|---|---|
| Fund house | UTI Mutual Fund | UTI Mutual Fund |
| Category | Multi Asset | Thematic |
| AUM | ₹6,634 Cr (30-09-2026) | ₹1,361 Cr (30-09-2026) |
| NAV | ₹84.24 (Direct) | ₹10.16 (Direct) |
| Expense ratio (Direct) | 0.89% | 1.09% |
| Expense ratio (Regular) | 1.82% | 2.28% |
| Riskometer | Very High | Very High |
| Benchmark | 65% BSE 200 TRI + 25% CRISIL Composite Bond Index + 7% Domestic Price of Gold + 2% Domestic Price of Silver + 1% iCOMDEX | BSE 200 TRI |
| Launch date | 19-11-2008 | 21-01-2025 |
| Minimum investment | Regular Plan-Growth- Rs.5000, Regular Plan-Reinvestment of IDCW- Rs.5000, Regular Plan-Payout of IDCW- Rs.5000, Direct Plan-Growth- Rs.5000, Direct Plan-Reinvestment of IDCW- Rs.5000, Direct Plan-Payout of IDCW- Rs.5000, | ₹1,000 |
| Lock in | None | None |
| Fund managers | Sharwan Kumar Goyal FM 1, Lokesh Kulthia - FM 2, Jaydeep Bhowal -FM 3 | Sharwan Kumar Goyal FM 1, Lokesh Kulthia FM 2 |
| Exit load | Exit load of 1%, if redeemed within 30 days. | 1% if redeemed/ switched-out within 90 days from the date of allotment;Nil thereafter |
UTI Multi Asset Allocation vs UTI Quant: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| UTI Multi Asset Allocation Fund (Direct) | −1.18% | −4.84% | −2.52% | −2.35% | +13.70% | +12.29% | +10.69% |
| UTI Quant Fund (Direct) | +0.33% | −5.22% | −1.96% | −6.22% | -- | -- | -- |
| Multi Asset average | −1.71% | −3.33% | −1.78% | +2.00% | +14.20% | +12.56% | +12.92% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | -- | -- | -- |
Category average: the average of the 37 Multi Asset funds and the 235 Thematic funds, same plan type.
UTI Multi Asset Allocation vs UTI Quant: Year-wise Returns
| Year | Multi Asset AllocationUTI Multi Asset Allocation | QuantUTI Quant |
|---|---|---|
| 2026to date | −4.97% | −6.07% |
| 2025 | +12.42% | -- |
| 2024 | +21.90% | -- |
| 2023 | +30.21% | -- |
| 2022 | +5.34% | -- |
| 2021 | +12.69% | -- |
UTI Multi Asset Allocation vs UTI Quant: Rolling Returns
Every holding period of both funds, against BSE 200 TRI, the benchmark of UTI Quant Fund
Rolling returns
Every 1-year holding period, 187 of them, one for each trading day from 27-01-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
UTI Multi Asset Allocation Fund (Direct)
UTI Quant Fund (Direct)
BSE 200 TRI
to
Feb 2026Apr 2025
to
Apr 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UTI Multi Asset Allocation | 5.9 | 16.6 | 46.5 | 19.3 | 11.8 | 0.0 | 0.0 | 8.2% | 7.9% | −4.2% | 19.6% | 100% |
| UTI Quant | 46.5 | 24.1 | 26.2 | 3.2 | 0.0 | 0.0 | 0.0 | 1.5% | 0.8% | −8.6% | 11.9% | 47% |
| BSE 200 TRI | 42.8 | 32.6 | 10.7 | 11.2 | 2.7 | 0.0 | 0.0 | 2.1% | 0.8% | −9.8% | 15.9% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 200 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 24-01-2025. Past returns do not promise future returns.
UTI Multi Asset Allocation vs UTI Quant: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-01-2025 to 30-10-2026: 22 instalments, ₹2,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| UTI Multi Asset AllocationUTI Multi Asset Allocation Fund (Direct) | ₹2,20,000 | ₹2,21,865 | ₹1,865 | 0.9% |
| UTI QuantUTI Quant Fund (Direct) | ₹2,20,000 | ₹2,17,009 | −₹2,991 | −1.4% |
UTI Multi Asset AllocationUTI Multi Asset Allocation Fund (Direct)
UTI QuantUTI Quant Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
UTI Multi Asset Allocation vs UTI Quant: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | UTI Multi Asset Allocation Fund (Direct) | UTI Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.35% | −6.22% |
| Standard deviation | 11.67% | 13.72% |
| Sharpe ratio | -0.65 | -0.84 |
| Sortino ratio | -0.86 | -1.12 |
| Maximum drawdown | −11.0% (23-03-2026) | −14.5% (31-03-2026) |
| Beta | -- | 0.93 |
| Alpha | -- | +1.13% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | UTI Multi Asset Allocation Fund (Direct) | UTI Quant Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.59% | +0.87% |
| Standard deviation | 10.26% | 13.70% |
| Sharpe ratio | 0.35 | -0.34 |
| Sortino ratio | 0.47 | -0.47 |
| Maximum drawdown | −25.0% (23-03-2020) | −14.5% (31-03-2026) |
| Beta | -- | 0.95 |
| Alpha | -- | −1.32% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
UTI Multi Asset Allocation Fund (Direct)
UTI Quant Fund (Direct)
BSE 200 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| UTI Multi Asset Allocation Fund (Direct) | −11.0% | 29-01-2026 | 23-03-2026 | 10-08-2026 | 5 months | −7.0% |
| UTI Quant Fund (Direct) | −14.5% | 20-11-2025 | 31-03-2026 | Not yet | -- | −7.3% |
| BSE 200 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −9.9% |
From daily values since 24-01-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
UTI Multi Asset Allocation Fund (Direct)
UTI Quant Fund (Direct)
BSE 200 TRI
Against BSE 200 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| UTI Multi Asset Allocation Fund (Direct) | 70% | 51% | 5.69% |
| UTI Quant Fund (Direct) | 91% | 94% | 5.45% |
From month-end values since 24-01-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
UTI Multi Asset Allocation vs UTI Quant: Portfolio Overlap
From each fund's latest monthly portfolio: UTI Multi Asset Allocation Fund, September 2026; UTI Quant Fund, September 2026
Holdings in common
- Overlap
- 48.7%
- Held by both
- 70
- Only in UTI Multi Asset Allocation
- 56
- Only in UTI Quant
- 40
| Security | % of UTI Multi Asset Allocation | % of UTI Quant |
|---|---|---|
| EQ - ICICI BANK LTD | 3.23% | 3.98% |
| EQ - KOTAK MAHINDRA BANK LTD. | 3.14% | 4.00% |
| EQ - HDFC BANK LIMITED | 2.94% | 3.72% |
| EQ - ITC LTD. | 2.57% | 3.75% |
| EQ - NESTLE INDIA LTD. | 2.56% | 4.03% |
| EQ - TATA CONSULTANCY SERVICES LTD. | 2.36% | 3.40% |
| EQ - BHARAT ELECTRONICS LTD. | 1.83% | 3.50% |
| EQ - INFOSYS LTD. | 1.61% | 3.33% |
| EQ - TITAN COMPANY LTD. | 1.57% | 2.45% |
| EQ - BRITANNIA INDUSTRIES LTD. | 1.56% | 2.13% |
| EQ - CUMMINS INDIA LTD. | 1.55% | 2.11% |
| EQ - HCL TECHNOLOGIES LTD. | 1.48% | 2.89% |
| EQ - INTERGLOBE AVIATION LTD | 1.69% | 1.17% |
| EQ - MARICO LTD | 1.01% | 1.79% |
| EQ - MULTI COMMODITY EXCHANGE OF IN | 1.15% | 0.97% |
| EQ - FEDERAL BANK LTD. | 0.92% | 0.98% |
| EQ - AU SMALL FINANCE BANK LTD | 0.92% | 1.72% |
| EQ - HERO MOTOCORP LTD. | 0.90% | 1.59% |
| EQ - COLGATE PALMOLIVE INDIA LTD. | 0.84% | 1.93% |
| EQ - HDFC ASSET MANAGEMENT COMPANY | 0.83% | 1.87% |
| EQ - HINDUSTAN ZINC LTD. | 0.78% | 2.15% |
| EQ - PERSISTENT SYSTEMS LTD. | 0.67% | 1.61% |
| EQ - SOLAR INDUSTRIES INDIA LTD. | 0.64% | 2.59% |
| EQ - COAL INDIA LTD. | 1.45% | 0.55% |
| EQ - SUZLON ENERGY LTD. | 0.55% | 0.76% |
| EQ - AXIS BANK LTD. | 0.83% | 0.52% |
| EQ - SUN PHARMACEUTICALS INDUSTRIES | 0.78% | 0.51% |
| EQ - HINDUSTAN UNILEVER LTD | 0.68% | 0.50% |
| EQ - BHARTI AIRTEL LTD. | 0.88% | 0.49% |
| EQ - RELIANCE INDUSTRIES LTD. | 0.70% | 0.49% |
| EQ - MARUTI SUZUKI INDIA LTD. | 0.62% | 0.49% |
| EQ - TORRENT PHARMACEUTICALS LTD. | 0.68% | 0.45% |
| EQ - PAGE INDUSTRIES | 0.45% | 1.37% |
| EQ - ULTRATECH CEMENT LTD. | 0.44% | 0.50% |
| EQ - POLYCAB INDIA LTD | 0.41% | 2.04% |
| EQ - NAVIN FLUORINE INTERNATIONAL L | 0.39% | 0.59% |
| EQ - ASIAN PAINTS (INDIA) LTD. | 1.55% | 0.38% |
| EQ - ADITYA BIRLA CAPITAL LTD | 0.37% | 0.75% |
| EQ - ORACLE FINANCIAL SERVICES SOFT | 0.37% | 2.22% |
| EQ - PIDILITE INDUSTRIES LTD. | 0.76% | 0.35% |
| EQ - APOLLO HOSPITALS ENTERPRISE LT | 0.37% | 0.34% |
| EQ - HYUNDAI MOTOR INDIA LTD | 0.51% | 0.33% |
| EQ - SHRIRAM FINANCE LTD | 0.93% | 0.32% |
| EQ - ASHOK LEYLAND LTD | 0.58% | 0.32% |
| 07.32% GSEC MAT -13/11/2030 | 0.31% | 0.75% |
| EQ - SBI LIFE INSURANCE COMPANY LTD | 0.30% | 0.48% |
| EQ - ACUTAAS CHEMICALS LIMITED | 0.28% | 0.35% |
| EQ - KARUR VYSYA BANK LTD. | 0.33% | 0.27% |
| EQ - DR REDDYS LABORATORIES LTD. | 0.31% | 0.26% |
| EQ - MTAR TECHNOLOGIES LTD | 0.26% | 0.40% |
| EQ - NIPPON LIFE INDIA ASSET MANAGE | 0.23% | 1.25% |
| EQ - INDIAN RAILWAY CATERING & TOUR | 0.23% | 0.63% |
| EQ - TD POWER SYSTEMS LTD. | 0.23% | 0.43% |
| EQ - COMPUTER AGE MANAGEMENT SERV | 0.22% | 0.50% |
| EQ - VEDANTA LTD | 0.31% | 0.15% |
| EQ - MAX FINANCIAL SERVICES LTD. | 0.45% | 0.13% |
| EQ - INDIAN BANK | 0.40% | 0.12% |
| EQ - DABUR INDIA LTD. | 0.08% | 0.16% |
| EQ - SHREE CEMENT LTD. | 0.08% | 0.20% |
| EQ - EICHER MOTORS LTD | 1.22% | 0.07% |
| EQ - EMAMI LTD. | 0.07% | 0.30% |
| EQ - STATE BANK OF INDIA | 1.55% | 0.06% |
| EQ - MRF LTD. | 0.06% | 0.14% |
| EQ - TRIVENI TURBINE LTD | 0.05% | 0.34% |
| EQ - ECLERX SERVICES LTD. | 0.04% | 0.35% |
| EQ - VEDANTA POWER LTD. | 0.04% | 0.03% |
| EQ - VEDANTA OIL AND GAS LTD. | 0.04% | 0.03% |
| EQ - MUTHOOT FINANCE LTD. | 0.26% | 0.02% |
| EQ - KPIT TECHNOLOGIES LTD | 0.06% | 0.01% |
| EQ - DIXON TECHNOLOGIES (INDIA) LTD | 0.01% | 0.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 48.7% means 48.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in UTI Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| MF UNITS UTI MF- GOLD EXCHANGE TRADED FUND ETF | 13.63% |
| MF UNITS UTI MF- SILVER EXCHANGE TRADED FUND ETF | 1.70% |
| REIT- EMBASSY OFFICE PARKS | 1.39% |
| 7.24% GSEC MAT- 18/08/2055 | 1.36% |
| INVIT - IRB INVIT FUND | 1.22% |
Largest holdings only in UTI Quant Fund
| Security | % of fund |
|---|---|
| EQ - HINDUSTAN AERONAUTICS LTD | 2.91% |
| EQ - HINDALCO INDUSTRIES LTD. | 0.90% |
| EQ - DIVIS LABORATORIES LTD. | 0.87% |
| EQ - BHARAT HEAVY ELECTRICALS LTD. | 0.76% |
| 6.75% GOVT BONDS MAT - 23/12/2029 | 0.73% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | UTI Multi Asset Allocation | UTI Quant |
|---|---|---|
| Equity | 65.0% | 95.5% |
| Debt | 10.0% | 1.5% |
| Cash and others | 25.0% | 3.0% |
Market cap of stocks
| Market cap | UTI Multi Asset Allocation | UTI Quant |
|---|---|---|
| Large Cap | 48.7% | 64.5% |
| Mid Cap | 13.3% | 23.0% |
| Small Cap | 2.8% | 7.5% |
| Not on AMFI's list | 0.2% | 0.4% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | UTI Multi Asset Allocation | UTI Quant |
|---|---|---|
| Banks | 14.3% | 16.3% |
| IT - Software | 7.0% | 13.7% |
| Aerospace & Defense | 1.8% | 6.4% |
| Food Products | 4.1% | 6.2% |
| Pharmaceuticals & Biotechnology | 3.6% | 4.8% |
| Industrial Products | 2.0% | 4.8% |
| Diversified FMCG | 3.3% | 4.3% |
| Automobiles | 3.3% | 3.2% |
The six largest sectors of each fund's stocks, % of the fund.
UTI Multi Asset Allocation vs UTI Quant: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | UTI Multi Asset Allocation Fund | UTI Quant Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.89% | 1.09% |
| Base expense ratio (Direct) | 0.64% | 0.77% |
| Total expense ratio (Regular) | 1.82% | 2.28% |
| Base expense ratio (Regular) | 1.47% | 1.84% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare UTI Multi Asset Allocation with
- UTI Multi Asset Allocation vs Quant Multi Asset Allocation
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- UTI Multi Asset Allocation vs DSP Multi Asset Allocation
- UTI Multi Asset Allocation vs Kotak Multi Asset Allocation
- UTI Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation
UTI Multi Asset Allocation Fund vs UTI Quant Fund: Frequently Asked Questions
What is the difference between UTI Multi Asset Allocation Fund and UTI Quant Fund?
UTI Multi Asset Allocation Fund is a Multi Asset fund, UTI Quant Fund is a Thematic fund, run by UTI Mutual Fund. Their portfolios overlap 48.7%. UTI Multi Asset Allocation Fund charges 0.89% a year and UTI Quant Fund 1.09%.
Which has given higher returns, UTI Multi Asset Allocation Fund or UTI Quant Fund?
Over 1 year: UTI Multi Asset Allocation Fund −2.35%, UTI Quant Fund −6.22%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, UTI Multi Asset Allocation Fund or UTI Quant Fund?
UTI Multi Asset Allocation Fund charges less: 0.89% a year against 1.09%. These are the Direct plans' total expense ratios reported to AMFI.
How much do UTI Multi Asset Allocation Fund and UTI Quant Fund overlap?
48.7%. They hold 70 of the same securities, the largest shared ones being ICICIBANK, KOTAKBANK, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, UTI Multi Asset Allocation Fund or UTI Quant Fund?
On SEBI's riskometer, UTI Multi Asset Allocation Fund is rated Very High and UTI Quant Fund Very High. Over 1 years, the standard deviation of daily returns was 11.67% and 13.72% a year.
Can I invest in both UTI Multi Asset Allocation Fund and UTI Quant Fund?
Yes. 48.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages UTI Multi Asset Allocation Fund and UTI Quant Fund?
UTI Multi Asset Allocation Fund: Sharwan Kumar Goyal FM 1, Lokesh Kulthia - FM 2, Jaydeep Bhowal -FM 3. UTI Quant Fund: Sharwan Kumar Goyal FM 1, Lokesh Kulthia FM 2.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.