ReviewPlan n/a · Option n/aPrefer peers first
UTI - Long Term Advantage Fund Series III
UTI Mutual FundClose Ended Schemes(ELSS10.6 years
- NAV
- 21.1683
- 24 Sept 2021
- 1Y
- +76.9%
- Trailing CAGR
- AUM
- ₹1.8 Cr
- 30 Sept 2021
- Volatility
- High
- 19.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 24 Sept 2021
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Maximum drawdown exceeded 35%.
Prefer peers if · Prefer ICICI Prudential R.I.G.H.T (Rewards of Investing & Generation of Healthy Tax-Savings) Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
10.6 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
n/a
TER not on file yet.
Drawdown vs peers
Watch
Peak-to-trough -52.1%. Ask whether you can hold through a similar fall.
Vs category
Pass
60% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / lock-in
Watch
ELSS locks each installment for 3 years. Useful only if 80C is open on the old regime - otherwise locked equity.
Portfolio concentration
n/a
Holdings weights not on file for this scheme yet.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 52%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
ELSS lock-in
Every installment locks for 3 years. Only useful if 80C is still open on the old regime - otherwise it is locked equity, not a tax cut.
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+76.9%
- 3Y+18.8%
- 5Y+13.0%
- 10Yn/a
- SI+14.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+63.9%
- 3Y+34.1%
- 5Y+19.5%
- 10Yn/a
- Since inception
- +14.6%
- Calendar-day CAGR
- Excess 1Y
- +79.3%
- Category median, same plan and option
- 3Y win rate
- +60%
- Windows beating the median
- 3Y percentile
- 50
- Vs comparable share classes
- SIP 3Y XIRR
- +34.1%
- Simulated monthly SIP
- Worst rolling 3Y
- -14.3%
- 613 daily-ending windows
- Median rolling 3Y
- +3.8%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 121 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -52.1%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 11 days
- 66 recovered episodes
- Longest recovery
- 317 days
- Trough to prior peak
9 Jan 2018 – 3 Feb 2021
Trough 23 Mar 2020 · recovered in 317 days
-52.1%
8 Sept 2016 – 2 Feb 2017
Trough 21 Nov 2016 · recovered in 73 days
-11.8%
4 Mar 2021 – 11 May 2021
Trough 12 Apr 2021 · recovered in 29 days
-6.6%
19 Sept 2017 – 16 Oct 2017
Trough 27 Sept 2017 · recovered in 19 days
-6.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
50
Vs category
100
Consistency
64
Risk-adjusted
50
Drawdown
0
Mean
53
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 60% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2021
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ICICI Prudential R.I.G.H.T (Rewards of Investing & Generation of Healthy Tax-Savings) Fund
ICICI Prudential Mutual Fund
- 1Y
- -7.0%
- 3Y
- +6.4%
- Vol
- 13.4%
- Max DD
- -23.3%
- Sharpe
- 0.67
- 3Y win
- +95%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
SBI Long Term Advantage Fund - Series IV
SBI Mutual Fund
- 1Y
- -11.2%
- 3Y
- +6.2%
- Vol
- 15.1%
- Max DD
- -34.4%
- Sharpe
- 0.75
- 3Y win
- +64%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
Sundaram Long Term Tax Advantage Fund Series III
Sundaram Mutual Fund
- 1Y
- -1.6%
- 3Y
- +10.1%
- Vol
- 17.5%
- Max DD
- -50.8%
- Sharpe
- 0.47
- 3Y win
- +86%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
Sundaram Long Term Tax Advantage Fund Series IV
Sundaram Mutual Fund
- 1Y
- -2.2%
- 3Y
- +10.2%
- Vol
- 17.1%
- Max DD
- -42.3%
- Sharpe
- 0.62
- 3Y win
- +87%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
SBI Long Term Advantage Fund - Series V
SBI Mutual Fund
- 1Y
- -4.1%
- 3Y
- +19.6%
- Vol
- 16.2%
- Max DD
- -35.8%
- Sharpe
- 0.56
- 3Y win
- +41%
- Lower volatility
- Shallower drawdown
- Higher trailing returns