HealthyDirect · GrowthFit for a long SIP
UTI - Overnight Fund
UTI Mutual FundDebt Scheme - Overnight Fund13.8 years
The scheme seeks to generate reasonable income, with low risk and high level of liquidity from a portfolio of overnight securities having a maturity of one day.
- NAV
- 3,797.7071
- 29 Oct 2026
- 1Y
- +5.3%
- Trailing CAGR
- AUM
- ₹8,998.93 Cr
- 30 Sept 2026
- Volatility
- n/a
- History still thin
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 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 64% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Watch if · Risk metrics are withheld because the NAV history contains an implausible daily move above 50%.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.09% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.8%. Ask whether you can hold through a similar fall.
Vs category
Pass
64% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Jaydeep Bhowal · 1.8 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
Watch
Top 10 holdings ≈ 100.0% 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+5.3%
- 3Y+6.0%
- 5Y+5.8%
- 10Y+66.9%
- SI+48.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.2%
- 3Y+5.7%
- 5Y+5.9%
- 10Y+62.3%
- Since inception
- +48.3%
- Calendar-day CAGR
- Excess 1Y
- -0.0%
- Category median, same plan and option
- 3Y win rate
- +64%
- Windows beating the median
- 3Y percentile
- 62
- Vs comparable share classes
- SIP 3Y XIRR
- +5.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +3.7%
- 3624 daily-ending windows
- Median rolling 3Y
- +6.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 3141 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.8%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +7%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 97 recovered episodes
- Longest recovery
- 41 days
- Trough to prior peak
7 Feb 2017 – 22 Mar 2017
Trough 9 Feb 2017 · recovered in 41 days
-0.8%
6 Dec 2016 – 9 Jan 2017
Trough 19 Dec 2016 · recovered in 21 days
-0.6%
11 Dec 2015 – 23 Dec 2015
Trough 15 Dec 2015 · recovered in 8 days
-0.4%
17 Jun 2013 – 18 Jul 2013
Trough 20 Jun 2013 · recovered in 28 days
-0.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
62
Vs category
50
Consistency
70
Risk-adjusted
n/a
Drawdown
98
Mean
70
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 64% of rolling 3-year windows.
- Three-year return is above the category median.
- Peak-to-trough drawdown has stayed shallower than 15%.
Risk metrics are withheld because the NAV history contains an implausible daily move above 50%.
Portfolio
30 Sept 2026 · 8 holdings · top 10 are 100.0%.
- Top 5
- 99.5%
- Top 10
- 100.0%
- Largest holding
- 95.2%
- Effective holdings
- 1.1
Net Current Assets
Unspecified
95.2%
GOVERNMENT OF INDIA 37629 091 DAYS TBILL 01OT26 FV RS 100
Financial
1.3%
GOVERNMENT OF INDIA 37642 091 DAYS TBILL 08OT26 FV RS 100
Financial
1.3%
GOVERNMENT OF INDIA 37392 182 DAYS TBILL 22OT26 FV RS 100
Financial
1.1%
GOVERNMENT OF INDIA 37705 091 DAYS TBILL 29OT26 FV RS 100
Financial
0.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Kotak Overnight Fund
Kotak Mahindra Mutual Fund
- 1Y
- +5.3%
- 3Y
- +6.0%
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -18.25
- 3Y win
- +69%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Bajaj Finserv Overnight Fund
Bajaj Finserv Mutual Fund
- 1Y
- +5.3%
- 3Y
- +6.0%
- Vol
- 0.0%
- Max DD
- 0.0%
- Sharpe
- -45.45
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
BANK OF INDIA OVERNIGHT FUND
Bank of India Mutual Fund
- 1Y
- +5.5%
- 3Y
- +6.2%
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -32.69
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
LIC MF Overnight Fund
LIC Mutual Fund
- 1Y
- +5.3%
- 3Y
- +6.0%
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -41.49
- 3Y win
- +98%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Nippon India Overnight Fund
Nippon India Mutual Fund
- 1Y
- +5.3%
- 3Y
- +6.0%
- Vol
- 0.1%
- Max DD
- 0.0%
- Sharpe
- -27.50
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER