Direct vs regular plan
UTI - Flexi Cap Fund.
UTI Mutual Fund · Equity Scheme - Flexi Cap Fund
Regular plan
UTI - Flexi Cap Fund. - Regular Plan - Growth
Expense ratio (TER)
1.68%a year
Direct plan
UTI - Flexi Cap Fund. - Direct Plan - Growth
Expense ratio (TER)
1.16%a year
Difference
0.52
percentage points a year
The regular plan's expense ratio is 0.52 percentage points a year above the direct plan's.
Both plans invest in the same portfolio, run by the same fund manager. The regular plan's expense ratio includes the commission paid to the distributor who sold it; the direct plan's does not.
What the fee gap amounts to
Illustration: both plans are assumed to earn the same 10% a year before fees, so only the fee gap is shown over 10 years. It is not an expected return.
| Amount invested | Extra fee in year one | Gap after 10 years |
|---|---|---|
| ₹1,00,000 | ₹520 | ₹10,909 |
| ₹10,00,000 | ₹5,200 | ₹1,09,089 |
Year one is the amount times the difference in expense ratio. The 10-year gap grows each plan once a year at the assumed rate less its own expense ratio and takes the difference between the two.
Expense ratios as of 5 Nov 2026
Source: AMFI TER disclosure