MonitorDirect · GrowthWatch before adding
UTI Short Term Fund
UTI Mutual FundIncome/Debt Oriented Schemes - Short Term Fund13.8 years
The scheme seeks to generate reasonable income, with low risk and high level of liquidity from a portfolio of debt & money market instruments.
- NAV
- 35.9829
- 29 Oct 2026
- 1Y
- +4.2%
- Trailing CAGR
- AUM
- ₹1,769.64 Cr
- 30 Sept 2026
- Volatility
- Low
- 3.2% annualized
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
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 58% of rolling 3-year windows.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Axis Short Term Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.41% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -13.2%. Ask whether you can hold through a similar fall.
Vs category
Pass
58% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Anurag Mittal · 0.3 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 ≈ 53.4% 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.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
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+4.2%
- 3Y+7.1%
- 5Y+6.4%
- 10Y+6.3%
- SI+7.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.9%
- 3Y+6.0%
- 5Y+6.6%
- 10Y+6.6%
- Since inception
- +7.3%
- Calendar-day CAGR
- Excess 1Y
- -0.2%
- Category median, same plan and option
- 3Y win rate
- +58%
- Windows beating the median
- 3Y percentile
- 31
- Vs comparable share classes
- SIP 3Y XIRR
- +6.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +2.6%
- 2618 daily-ending windows
- Median rolling 3Y
- +7.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2134 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -13.2%
- Worst peak-to-trough
- Current
- -0.4%
- Below last peak
- Current spell
- 50 days
- Days below latest peak
- Time below peak
- +46%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 6 days
- 308 recovered episodes
- Longest recovery
- 389 days
- Trough to prior peak
3 Jun 2019 – 3 Jul 2020
Trough 10 Jun 2019 · recovered in 389 days
-13.2%
19 Jun 2013 – 11 Sept 2013
Trough 19 Aug 2013 · recovered in 23 days
-1.8%
24 Nov 2016 – 11 Jan 2017
Trough 27 Dec 2016 · recovered in 15 days
-0.8%
2 May 2022 – 4 Jul 2022
Trough 6 May 2022 · recovered in 59 days
-0.7%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
31
Vs category
49
Consistency
60
Risk-adjusted
47
Drawdown
67
Mean
51
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- The fund beat the category median in 58% of rolling 3-year windows.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 38 holdings · top 10 are 53.4%.
- Top 5
- 36.4%
- Top 10
- 53.4%
- Largest holding
- 15.5%
- Effective holdings
- 19.5
Net Current Assets
Unspecified
15.5%
EXPORT IMPORT BANK OF INDIA SR AA 03 7.12 BD 27JU30 FVRS1LAC
Financial
6.9%
VEDANTA LIMITED 8.95 NCD 16MR29 FVRS1LAC
Materials
5.6%
LIC HOUSING FINANCE LTD TR 445 OP II 7.74 NCD 11FB28 FVRS1LAC
Financial
4.2%
POONAWALLA FINCORP LIMITED SR A1 7.65 NCD 21AP27 FVRS1LAC
Financial
4.2%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Short Term Fund
Axis Mutual Fund
- 1Y
- +4.8%
- 3Y
- +7.6%
- Vol
- 1.5%
- Max DD
- -2.6%
- Sharpe
- 1.45
- 3Y win
- +97%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
HDFC Short Term Fund
HDFC Mutual Fund
- 1Y
- +4.3%
- 3Y
- +7.2%
- Vol
- 1.3%
- Max DD
- -2.7%
- Sharpe
- 1.45
- 3Y win
- +66%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Kotak Short Term Fund
Kotak Mahindra Mutual Fund
- 1Y
- +4.3%
- 3Y
- +7.2%
- Vol
- 1.8%
- Max DD
- -3.1%
- Sharpe
- 1.10
- 3Y win
- +84%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Mahindra Manulife Short Term Fund
Mahindra Manulife Mutual Fund
- 1Y
- +4.7%
- 3Y
- +7.5%
- Vol
- 0.9%
- Max DD
- -1.1%
- Sharpe
- 0.60
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Nippon India Short Term Fund
Nippon India Mutual Fund
- 1Y
- +4.4%
- 3Y
- +7.4%
- Vol
- 1.4%
- Max DD
- -2.9%
- Sharpe
- 1.42
- 3Y win
- +73%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns