UTI ELSS Tax Saver Fund
Direct · GrowthAI Summary
UTI ELSS Tax Saver Fund has delivered consistent long-term SIP XIRR of 14.03% to 14.7% across 3Y to 12Y horizons, though it trails the category average SIP XIRR in every period (e.g., 14.7% vs 15.16% at 3Y and 14.54% vs 16.14% at 10Y). Against the NIFTY 50, the fund shows positive alpha across all windows, including 3.67% at 1Y and 3.92% at 7Y, with Fund CAGR exceeding Benchmark CAGR in every period (e.g., 12.35% vs 10.79% over 10Y). Recent 1Y SIP XIRR of 10.38% is notably below the category average of 17.08%, indicating near-term underperformance versus peers.
The fund exhibits a defensive risk profile with beta below 1 across all windows (0.89 to 0.97) and downside capture consistently below upside capture (e.g., 87.13% downside vs 91.66% upside at 7Y), meaning it falls less than the benchmark in declines. It has experienced 6 drawdown events exceeding 10%, and while the latest maximum drawdown was mild at -0.35% with a 40-day duration, recovery took 227 days. Calmar ratios of roughly 0.39 to 0.45 across horizons indicate stable, moderate risk-adjusted returns rather than exceptional ones.
Detailed holdings and sector allocation data were not provided, so specific top holdings and concentration levels cannot be assessed. As an ELSS fund, it must maintain at least 80% equity exposure and carries a statutory 3-year lock-in on each investment. Investors should review the current factsheet to evaluate sector tilts and stock-level diversification before investing.
The fund lags the category average SIP XIRR at every measured horizon, with gaps of 6.7 percentage points at 1Y (10.38% vs 17.08%) and 1.6 points at 10Y (14.54% vs 16.14%). However, its long-term record is remarkably consistent, with 3Y to 12Y SIP XIRR clustered tightly between 14.03% and 15.61%. This consistency plus benchmark outperformance suggests a steady, lower-volatility approach that trades some category-relative upside for downside resilience.
This fund suits tax-saving investors seeking ELSS benefits under Section 80C who want a defensive, benchmark-beating core equity holding with a 5-year-plus horizon. Its below-1 beta and lower downside capture make it appropriate for investors with moderate risk tolerance who prioritize capital protection in downturns over maximum upside. Investors seeking top-quartile category returns may find its consistent category-lagging XIRR less appealing.
- Positive alpha versus NIFTY 50 across all measured periods, including 3.92% at 7Y and 3.67% at 1Y
- Consistently lower downside capture than upside capture (e.g., 87.13% vs 91.66% at 7Y), indicating strong downside resilience
- Highly consistent long-term SIP XIRR, ranging only from 14.03% to 15.61% across 3Y to 12Y horizons
- SIP XIRR trails the category average at every horizon, with a 6.7 percentage point gap at 1Y (10.38% vs 17.08%)
- Six drawdown events exceeding 10% have occurred, and the latest drawdown required 227 days to recover despite its small magnitude
- Recent calendar-year returns are weak, including -2.82% in 2026 and 5.2% in 2025
Generated on 06-09-2026, 7:56 PM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.66 L | 16.5% | -50.9% | 93.3% |
| 3 Years | ₹36.00 L | ₹43.84 L | 14.0% | -18.6% | 37.3% |
| 5 Years | ₹60.00 L | ₹85.61 L | 14.0% | -6.9% | 25.2% |
| 7 Years | ₹84.00 L | ₹1.42 Cr | 14.4% | -0.5% | 21.3% |
| 10 Years | ₹1.20 Cr | ₹2.53 Cr | 14.4% | 11.0% | 18.0% |
| 12 Years | ₹1.44 Cr | ₹3.51 Cr | 13.8% | 11.1% | 16.2% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 16.5% | 14.4% | 17.1% | +2.1% |
| 3 Years | 14.0% | 11.1% | 15.2% | +2.9% |
| 5 Years | 14.0% | 10.4% | 16.3% | +3.6% |
| 7 Years | 14.4% | 10.6% | 15.8% | +3.8% |
| 10 Years | 14.4% | 11.5% | 16.1% | +2.9% |
| 12 Years | 13.8% | 11.4% | 15.6% | +2.4% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 15.8% | 11.4% | -27.6% | 92.8% | 0.50 | 1.60 | 81% | — | — |
| 3 Years | 14.3% | 14.2% | -5.1% | 30.3% | 1.40 | 5.66 | 98% | — | — |
| 5 Years | 14.2% | 14.5% | -0.3% | 26.2% | 1.71 | 12.27 | 100% | — | — |
| 10 Years | 14.1% | 13.8% | 11.1% | 16.4% | 6.43 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +3.67 | 0.97 | 98.8% | 93.2% | 1.0% | -2.9% |
| 3 Years | +3.40 | 0.93 | 95.7% | 90.8% | 11.1% | 7.8% |
| 5 Years | +1.47 | 0.92 | 92.0% | 89.4% | 9.2% | 7.8% |
| 7 Years | +3.92 | 0.89 | 91.7% | 87.1% | 15.2% | 11.8% |
| 10 Years | +1.98 | 0.90 | 92.1% | 89.4% | 12.3% | 10.8% |
| 12 Years | +2.81 | 0.91 | 92.4% | 88.8% | 12.3% | 9.8% |
| 15 Years | +2.54 | 0.90 | 91.6% | 87.9% | 11.9% | 9.7% |