HealthyDirect · GrowthFit for a long SIP
UTI Banking & PSU Debt Fund
UTI Mutual FundIncome/Debt Oriented Schemes - Banking and PSU Debt Fund12.7 years
The scheme seeks to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs).
- NAV
- 24.1464
- 30 Oct 2026
- 1Y
- +5.7%
- Trailing CAGR
- AUM
- ₹1,447.94 Cr
- 30 Sept 2026
- Volatility
- Low
- 3.0% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 61% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
12.7 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.24% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -6.7%. Ask whether you can hold through a similar fall.
Vs category
Pass
61% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Anurag Mittal · 4.9 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 44.3% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+5.7%
- 3Y+7.5%
- 5Y+7.8%
- 10Y+6.5%
- SI+7.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.1%
- 3Y+6.9%
- 5Y+7.3%
- 10Y+6.8%
- Since inception
- +7.2%
- Calendar-day CAGR
- Excess 1Y
- +1.9%
- Category median, same plan and option
- 3Y win rate
- +61%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +6.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +3.5%
- 2356 daily-ending windows
- Median rolling 3Y
- +7.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1872 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -6.7%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +42%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 281 recovered episodes
- Longest recovery
- 283 days
- Trough to prior peak
2 Apr 2019 – 7 Feb 2020
Trough 30 Apr 2019 · recovered in 283 days
-6.7%
9 Mar 2020 – 17 Apr 2020
Trough 23 Mar 2020 · recovered in 25 days
-2.7%
15 Jan 2019 – 2 Apr 2019
Trough 22 Jan 2019 · recovered in 70 days
-2.2%
13 Sept 2022 – 11 Nov 2022
Trough 14 Oct 2022 · recovered in 28 days
-1.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
62
Consistency
54
Risk-adjusted
47
Drawdown
83
Mean
69
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 61% of rolling 3-year windows.
- Three-year return is above the category median.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 44 holdings · top 10 are 44.3%.
- Top 5
- 27.2%
- Top 10
- 44.3%
- Largest holding
- 7.8%
- Effective holdings
- 30.0
CANARA BANK CD 28JAN27
Financial
7.8%
UNION BANK OF INDIA CD 19JAN27
Financial
6.8%
ICICI BANK LIMITED CD 25MAR27
Financial
5.0%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24E 7.80 BD 15MR27 FVRS1LAC
Financial
3.8%
AXIS BANK LIMITED SR 5 7.65 NCD 30JN27 FVRS10LAC
Financial
3.8%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Banking & PSU Debt Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +3.5%
- 3Y
- +6.7%
- Vol
- 1.6%
- Max DD
- -3.0%
- Sharpe
- 1.35
- 3Y win
- +84%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Bajaj Finserv Banking and PSU Debt Fund
Bajaj Finserv Mutual Fund
- 1Y
- +3.9%
- 3Y
- n/a
- Vol
- 1.2%
- Max DD
- -0.8%
- Sharpe
- 0.91
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Edelweiss Banking and PSU Debt Fund
Edelweiss Mutual Fund
- 1Y
- +4.0%
- 3Y
- +7.0%
- Vol
- 2.6%
- Max DD
- -4.3%
- Sharpe
- 0.56
- 3Y win
- +79%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
ICICI Prudential Banking and PSU Debt Fund
ICICI Prudential Mutual Fund
- 1Y
- +4.1%
- 3Y
- +6.9%
- Vol
- 1.7%
- Max DD
- -2.9%
- Sharpe
- 1.19
- 3Y win
- +76%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Nippon India Banking and PSU Debt Fund
Nippon India Mutual Fund
- 1Y
- +3.8%
- 3Y
- +6.9%
- Vol
- 1.7%
- Max DD
- -3.2%
- Sharpe
- 0.94
- 3Y win
- +82%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns