UTI Equity Fund: Diversify your core equity portfolio Yoganand D BL Research Bureau | Updated on January 13, 2021 The fund delivered a return of 31.5% in 2020 compared with the category’s 15.5% The revival in mid- and small-cap stocks is in progress and large-cap stocks are touching new highs. Funds that invest in a combination of stocks that invest across market-caps may be a good bet at this juncture to tap in to these opportunities. UTI Equity Funs is such an option. The scheme currently allocates about 64 per cent of its equity assets to large-caps, 30 per cent to mid-caps, and the balance 6 per cent to small-cap stocks.