UTI ELSS Tax Saver Fund
Direct · GrowthAI Summary
UTI ELSS Tax Saver Fund has delivered consistent long-term alpha over the NIFTY 50, with Fund CAGR of 11.31% vs 10.13% over 10Y and 11.32% vs 9.21% over 12Y, alongside positive alpha across all periods (1.20% to 3.32%). However, its SIP XIRR trails the category average across all horizons — 14.8% vs 16.81% over 5Y and 14.25% vs 15.83% over 10Y — indicating peers have generated better SIP outcomes. The 1Y XIRR of 7.76% reflects the weak 2026 calendar year return of -9.44%.
The fund shows a defensive risk profile with beta below 1 across all periods (0.89-0.96) and downside capture consistently under 93%, meaning it falls less than the benchmark in corrections. Six drawdown events exceeding 10% have occurred, but the current maximum drawdown is minimal at -0.35% with a 40-day duration, though full recovery took 227 days. Calmar ratios of roughly 0.39-0.44 across horizons indicate steady, if unspectacular, risk-adjusted returns.
Portfolio composition data was not provided, so holdings and sector allocation cannot be assessed from this dataset. Investors should review the latest factsheet to evaluate concentration and stock quality before investing. The benchmark behavior suggests a large-cap-tilted, diversified equity portfolio.
Against ELSS peers, the fund lags on SIP XIRR at every horizon — 13.56% vs 15.52% (3Y) and 14.8% vs 16.81% (5Y) — placing it in the lower half of the category on SIP returns. Its strength lies in benchmark outperformance and lower volatility rather than category leadership. Long-term consistency is evident, with lump-sum rolling returns stable around 13.7-14.7% across 3Y to 12Y windows.
This fund suits tax-saving investors seeking ELSS benefits with a moderate risk appetite and a horizon of at least 5-7 years, given the 3-year lock-in and the need for long holding periods to realize its alpha. It is appropriate for conservative equity investors who value downside protection over top-quartile SIP returns. Those prioritizing category-beating SIP performance may want to compare peers before committing.
- Consistent positive alpha over NIFTY 50 across all periods, including 3.32% over 7Y and 2.37% over 12Y
- Defensive downside capture below 90% in most periods (e.g., 87.06% over 7Y), cushioning losses in market corrections
- Stable long-term rolling returns of 13.7-14.7% across 3Y to 12Y windows, indicating dependable compounding
- SIP XIRR trails the category average at every horizon, including 14.8% vs 16.81% over 5Y and 14.25% vs 15.83% over 10Y
- Recent performance is weak, with a -9.44% calendar year return in 2026 and a 1Y XIRR of just 7.76%
Generated on 25-10-2026, 2:25 AM. 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 | ₹12.64 L | 16.2% | -50.9% | 93.3% |
| 3 Years | ₹36.00 L | ₹43.77 L | 13.7% | -18.6% | 37.3% |
| 5 Years | ₹60.00 L | ₹85.36 L | 13.8% | -6.9% | 25.2% |
| 7 Years | ₹84.00 L | ₹1.41 Cr | 14.3% | -0.5% | 21.3% |
| 10 Years | ₹1.20 Cr | ₹2.52 Cr | 14.3% | 10.5% | 18.0% |
| 12 Years | ₹1.44 Cr | ₹3.49 Cr | 13.6% | 10.8% | 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 | 16.2% | 14.3% | 9.8% | +1.9% |
| 3 Years | 13.7% | 11.0% | 15.5% | +2.7% |
| 5 Years | 13.8% | 10.4% | 16.8% | +3.4% |
| 7 Years | 14.3% | 10.6% | 15.4% | +3.7% |
| 10 Years | 14.3% | 11.4% | 15.8% | +2.8% |
| 12 Years | 13.6% | 11.3% | 15.2% | +2.2% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 15.5% | 11.2% | -27.6% | 92.8% | 0.48 | 1.52 | 80% | — | — |
| 3 Years | 14.2% | 14.1% | -5.1% | 30.3% | 1.38 | 5.64 | 98% | — | — |
| 5 Years | 14.0% | 14.4% | -0.3% | 26.2% | 1.65 | 12.15 | 100% | — | — |
| 10 Years | 13.9% | 13.8% | 11.1% | 16.4% | 5.95 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +1.23 | 0.96 | 95.6% | 93.3% | -10.7% | -12.7% |
| 3 Years | +1.51 | 0.93 | 94.2% | 91.8% | 7.0% | 5.4% |
| 5 Years | +1.11 | 0.92 | 91.6% | 89.5% | 5.8% | 4.5% |
| 7 Years | +3.14 | 0.89 | 91.1% | 87.2% | 12.8% | 10.0% |
| 10 Years | +1.45 | 0.90 | 91.9% | 89.7% | 11.1% | 10.0% |
| 12 Years | +2.27 | 0.91 | 92.2% | 89.2% | 11.1% | 9.1% |
| 15 Years | +2.33 | 0.90 | 91.5% | 88.1% | 11.3% | 9.2% |