UTI Mutual Fund has launched the UTI Multi Cap Fund, an open-ended equity scheme investing across large-cap, mid-cap, and small-cap segments. The fund follows a 3S approachSize, Sectors, and Styleand aims to deliver optimal diversification. Managed by Karthikraj Lakshmanan, it is benchmarked against the Nifty 500 Multicap 50:25:25 TRI, with the NFO closing on May 13.