ReviewRegular · GrowthPrefer peers first
UTI - Master Equity Plan Unit Scheme
UTI Mutual FundClose Ended Schemes(ELSS20.6 years
- NAV
- 212.3684
- 26 Oct 2026
- 1Y
- -9.6%
- Trailing CAGR
- AUM
- ₹2,835.83 Cr
- 31 Aug 2026
- Volatility
- High
- 18.6% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 26 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Maximum drawdown exceeded 35%.
Prefer peers if · Prefer BANK OF INDIA MID CAP TAX FUND SERIES 1 if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
20.6 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 -54.6%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
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
Pass
Top 10 holdings ≈ 51.7% of the portfolio.
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 55%. 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.
Regular plan drag
Regular TER compounds against you on long SIPs. Prefer the Direct Growth class of the same scheme when you buy.
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-9.6%
- 3Y+7.2%
- 5Y+5.2%
- 10Y+9.0%
- SI+8.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-9.3%
- 3Y-1.2%
- 5Y+4.6%
- 10Y+8.8%
- Since inception
- +8.8%
- Calendar-day CAGR
- Excess 1Y
- n/a
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- -1.2%
- Simulated monthly SIP
- Worst rolling 3Y
- -8.0%
- 4309 daily-ending windows
- Median rolling 3Y
- +10.8%
- Calendar-day CAGR
- Positive rolling 5Y
- +99%
- 3816 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -54.6%
- Worst peak-to-trough
- Current
- -12.7%
- Below last peak
- Current spell
- 760 days
- Days below latest peak
- Time below peak
- +93%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 25 days
- 152 recovered episodes
- Longest recovery
- 1869 days
- Trough to prior peak
4 Jan 2008 – 9 Dec 2013
Trough 27 Oct 2008 · recovered in 1869 days
-54.6%
28 Aug 2018 – 17 Nov 2020
Trough 23 Mar 2020 · recovered in 239 days
-38.0%
9 May 2006 – 2 Nov 2006
Trough 14 Jun 2006 · recovered in 141 days
-32.2%
3 Mar 2015 – 27 Jul 2016
Trough 25 Feb 2016 · recovered in 153 days
-21.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
41
Vs category
n/a
Consistency
n/a
Risk-adjusted
38
Drawdown
0
Mean
26
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
- Maximum drawdown exceeded 35%.
Supporting reads
No supporting reads in the current evidence set.
Portfolio
31 Aug 2026 · 67 holdings · top 10 are 51.7%.
- Top 5
- 32.3%
- Top 10
- 51.7%
- Largest holding
- n/a
- Effective holdings
- n/a
Asset mix
Equity
95.1%
Cash
4.5%
Debt
0.4%
Sectors
Financial
36.2%
Technology
18.0%
Consumer Discretionary
13.0%
Industrials
9.1%
Energy & Utilities
8.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BANK OF INDIA MID CAP TAX FUND SERIES 1
Bank of India Mutual Fund
- 1Y
- +2.0%
- 3Y
- +14.4%
- Vol
- 17.3%
- Max DD
- -35.9%
- Sharpe
- 0.48
- 3Y win
- +51%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
BANK OF INDIA MID CAP TAX FUND Series 2
Bank of India Mutual Fund
- 1Y
- -2.3%
- 3Y
- +13.3%
- Vol
- 17.3%
- Max DD
- -34.2%
- Sharpe
- 0.66
- 3Y win
- +35%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
ICICI Prudential Long Term Wealth Enhancement Fund
ICICI Prudential Mutual Fund
- 1Y
- -9.6%
- 3Y
- +12.6%
- Vol
- 17.0%
- Max DD
- -39.5%
- Sharpe
- 0.49
- 3Y win
- +38%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
SBI Long Term Advantage Fund - Series V
SBI Mutual Fund
- 1Y
- -6.7%
- 3Y
- +18.6%
- Vol
- 16.2%
- Max DD
- -35.8%
- Sharpe
- 0.55
- 3Y win
- +41%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
SBI Long Term Advantage Fund - Series VI
SBI Mutual Fund
- 1Y
- -8.4%
- 3Y
- +8.3%
- Vol
- 16.3%
- Max DD
- -36.1%
- Sharpe
- 0.54
- 3Y win
- +53%
- Lower volatility
- Shallower drawdown
- Higher trailing returns