HealthyDirect · GrowthFit for a long SIP
UTI Ultra Short Term Fund
UTI Mutual FundIncome/Debt Oriented Schemes - Ultra Short Term Fund13.8 years
- NAV
- 4,946.8208
- 30 Oct 2026
- 1Y
- +6.5%
- Trailing CAGR
- AUM
- ₹3,016.86 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 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 72% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
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
0.38% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -3.6%. Ask whether you can hold through a similar fall.
Vs category
Pass
72% 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 / 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 ≈ 41.2% 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+6.5%
- 3Y+7.2%
- 5Y+6.6%
- 10Y+6.5%
- SI+7.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.5%
- 3Y+7.0%
- 5Y+7.0%
- 10Y+6.6%
- Since inception
- +7.4%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- +72%
- Windows beating the median
- 3Y percentile
- 67
- Vs comparable share classes
- SIP 3Y XIRR
- +7.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.8%
- 2620 daily-ending windows
- Median rolling 3Y
- +6.8%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2137 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -3.6%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +11%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 118 recovered episodes
- Longest recovery
- 185 days
- Trough to prior peak
3 Jun 2019 – 9 Dec 2019
Trough 7 Jun 2019 · recovered in 185 days
-3.6%
11 Mar 2020 – 27 Mar 2020
Trough 24 Mar 2020 · recovered in 3 days
-0.6%
11 Feb 2020 – 4 Mar 2020
Trough 12 Feb 2020 · recovered in 21 days
-0.5%
2 May 2022 – 30 May 2022
Trough 6 May 2022 · recovered in 24 days
-0.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
67
Vs category
51
Consistency
71
Risk-adjusted
95
Drawdown
91
Mean
75
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 72% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 53 holdings · top 10 are 41.2%.
- Top 5
- 26.0%
- Top 10
- 41.2%
- Largest holding
- 6.6%
- Effective holdings
- 35.0
GOVERNMENT OF INDIA 36735 364 DAYS TBILL 26NV26 FV RS 100
Financial
6.6%
INDIAN BANK CD 22JAN27
Financial
5.7%
HDFC Bank Limited (15/02/2027) ** #
Financial
4.9%
Axis Bank Limited (26/02/2027) **
Financial
4.8%
EXPORT IMPORT BANK OF INDIA CD 29JAN27
Financial
4.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Ultra Short Term Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +6.4%
- 3Y
- +7.4%
- Vol
- 0.6%
- Max DD
- -1.2%
- Sharpe
- 2.73
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Axis Ultra Short Term Fund
Axis Mutual Fund
- 1Y
- +6.6%
- 3Y
- +7.4%
- Vol
- 0.5%
- Max DD
- -0.8%
- Sharpe
- 1.63
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Mirae Asset Ultra Short-Term Fund
Mirae Asset Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.3%
- Vol
- 0.4%
- Max DD
- -0.2%
- Sharpe
- 0.91
- 3Y win
- +95%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Franklin India Ultra Short Term Fund
Franklin Templeton Mutual Fund
- 1Y
- +6.3%
- 3Y
- n/a
- Vol
- 0.4%
- Max DD
- -0.1%
- Sharpe
- 2.78
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Invesco India Ultra Short Term Fund
Invesco Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.3%
- Vol
- n/a
- Max DD
- -2.7%
- Sharpe
- n/a
- 3Y win
- +73%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns