HealthyDirect · GrowthFit for a long SIP
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund
- NAV
- 11.1901
- 28 Oct 2026
- 1Y
- +0.2%
- Trailing CAGR
- AUM
- ₹130.1 Cr
- 30 Sept 2026
- Volatility
- High
- 17.9% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 28 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 81% of rolling 1-year windows.
Buy checklist
History depth
Fail
1.7 years - thin for judging consistency.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.78% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -17.4%. 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 / 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 ≈ 31.8% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
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 17%. 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
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
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+0.2%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+8.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.8%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +8.7%
- Calendar-day CAGR
- Excess 1Y
- +7.0%
- 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
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -17.4%
- Worst peak-to-trough
- Current
- -7.2%
- Below last peak
- Current spell
- 58 days
- Days below latest peak
- Time below peak
- +92%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 17 days
- 9 recovered episodes
- Longest recovery
- 65 days
- Trough to prior peak
10 Jun 2025 – 27 May 2026
Trough 23 Mar 2026 · recovered in 65 days
-17.4%
31 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-10.9%
24 Mar 2025 – 17 Apr 2025
Trough 7 Apr 2025 · recovered in 10 days
-8.0%
20 Feb 2025 – 24 Mar 2025
Trough 3 Mar 2025 · recovered in 21 days
-7.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
23
Vs category
94
Consistency
81
Risk-adjusted
37
Drawdown
57
Mean
58
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 81% of rolling 1-year windows.
Portfolio
30 Sept 2026 · 100 holdings · top 10 are 31.8%.
- Top 5
- 19.6%
- Top 10
- 31.8%
- Largest holding
- 4.8%
- Effective holdings
- 52.9
Laurus Labs Ltd
Healthcare
4.8%
BSE Ltd
Financial
4.2%
The Federal Bank Ltd
Financial
4.1%
Multi Commodity Exchange Of India Ltd
Financial
3.8%
Bharat Forge Ltd
Consumer Discretionary
2.8%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life BSE 500 Quality 50 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -4.4%
- 3Y
- n/a
- Vol
- 13.6%
- Max DD
- -11.4%
- Sharpe
- -0.34
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Aditya Birla Sun Life Nifty Midcap 150 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -4.3%
- 3Y
- +13.5%
- Vol
- 16.7%
- Max DD
- -21.2%
- Sharpe
- 0.68
- 3Y win
- +100%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
Axis Nifty Midcap 50 Index Fund
Axis Mutual Fund
- 1Y
- -2.3%
- 3Y
- +14.5%
- Vol
- 17.1%
- Max DD
- -20.3%
- Sharpe
- 0.64
- 3Y win
- +100%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
Groww Nifty Next 50 Index Fund
Groww Mutual Fund
- 1Y
- -2.3%
- 3Y
- n/a
- Vol
- 16.6%
- Max DD
- -14.3%
- Sharpe
- -0.21
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
HSBC NIFTY NEXT 50 Index Fund
HSBC Mutual Fund
- 1Y
- -2.5%
- 3Y
- +15.6%
- Vol
- 17.3%
- Max DD
- -26.6%
- Sharpe
- 0.43
- 3Y win
- +92%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown