UTI Infrastructure Fund
Direct · GrowthAI Summary
UTI Infrastructure Fund has delivered strong SIP XIRR returns across most horizons, including 17.3% over 3Y and 16.8% over 5Y, and consistently beats the NIFTY 50 on alpha, with 5.9% to 7.08% alpha over the 3Y to 5Y periods. However, it trails the category average SIP XIRR over longer horizons, with 15.59% over 10Y versus the category's 16.44% and 14.78% over 12Y versus 15.79%. The 1Y XIRR of 10.92% is only marginally ahead of the category's 10.64%, indicating recent performance is roughly in line with peers.
The fund shows 8 drawdown events greater than 10%, and its longest drawdown lasted 804 days with a 316-day recovery, reflecting the extended pain typical of cyclical infrastructure themes. Beta near 1 across horizons with downside capture consistently below 100% (89.5% over 5Y, 87.93% over 7Y) shows it has historically fallen less than the benchmark in weak markets. Calmar ratios in the 0.29 to 0.40 range indicate modest risk-adjusted efficiency, so investors should expect meaningful drawdowns despite the favorable downside capture.
As a sectoral/thematic fund, the portfolio is concentrated in infrastructure-linked sectors such as construction, cement, power, and capital goods, which drives high sector concentration by design. This thematic focus means the fund does not offer broad diversification and its fortunes are tied closely to the capex and infrastructure cycle. Investors should treat it as a satellite allocation rather than a core holding.
The fund outperforms the category on SIP XIRR over 1Y (10.92% vs 10.64%) and 3Y (17.3% vs 16.22%), but lags over 5Y (16.8% vs 17.45%), 7Y (14.32% vs 16.61%), and 10Y (15.59% vs 16.44%). This pattern suggests strong recent performance but inconsistent longer-term positioning versus sectoral peers. Calendar year returns are highly volatile, ranging from 60.51% in 2014 to -14.86% in 2018, underscoring the cyclical nature of the theme.
This fund suits investors with high risk tolerance and a long time horizon of at least 7 to 10 years, given the 804-day maximum drawdown duration and the sector's cyclicality. It is best used as a tactical or satellite allocation, capped at a modest share of the overall portfolio, for investors who believe in India's infrastructure capex story. Conservative investors or those needing capital in the short term should avoid it.
- Consistent alpha over the NIFTY 50, including 5.9% over 3Y and 7.08% over 5Y, with downside capture as low as 87.93% over 7Y
- Strong recent SIP returns of 17.3% over 3Y and 16.8% over 5Y, beating the category average over 1Y and 3Y
- Downside capture below 100% across most horizons despite near-market beta, indicating relative resilience in falling markets
- Underperforms the category average SIP XIRR over 5Y, 7Y, 10Y, and 12Y horizons, indicating inconsistent long-term peer ranking
- High expense ratio of 1.97% and 8 drawdown events greater than 10%, with the longest drawdown lasting 804 days, reflecting high cyclical risk
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 | ₹12.69 L | 18.7% | -60.6% | 124.8% |
| 3 Years | ₹36.00 L | ₹44.82 L | 14.3% | -25.9% | 40.3% |
| 5 Years | ₹60.00 L | ₹86.12 L | 14.2% | -12.4% | 33.6% |
| 7 Years | ₹84.00 L | ₹1.39 Cr | 14.3% | -4.8% | 25.4% |
| 10 Years | ₹1.20 Cr | ₹2.71 Cr | 15.6% | 11.4% | 19.9% |
| 12 Years | ₹1.44 Cr | ₹3.69 Cr | 14.8% | 12.4% | 17.2% |
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 | 18.7% | 14.3% | 10.6% | +4.4% |
| 3 Years | 14.3% | 11.0% | 16.2% | +3.3% |
| 5 Years | 14.2% | 10.4% | 17.4% | +3.8% |
| 7 Years | 14.3% | 10.6% | 16.6% | +3.7% |
| 10 Years | 15.6% | 11.4% | 16.4% | +4.1% |
| 12 Years | 14.8% | 11.3% | 15.8% | +3.5% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 17.1% | 9.5% | -34.5% | 92.9% | 0.41 | 1.11 | 74% | — | — |
| 3 Years | 14.6% | 14.7% | -10.9% | 34.5% | 0.86 | 2.31 | 92% | — | — |
| 5 Years | 13.6% | 13.4% | -4.3% | 31.5% | 0.99 | 3.84 | 97% | — | — |
| 10 Years | 13.9% | 13.9% | 10.4% | 18.1% | 4.47 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +4.08 | 0.97 | 97.3% | 91.0% | -6.2% | -10.9% |
| 3 Years | +5.48 | 1.05 | 104.3% | 97.7% | 11.9% | 6.4% |
| 5 Years | +6.62 | 0.98 | 98.2% | 89.8% | 11.8% | 5.2% |
| 7 Years | +5.16 | 0.92 | 93.9% | 88.0% | 14.9% | 10.0% |
| 10 Years | +1.71 | 0.95 | 95.7% | 93.3% | 11.8% | 10.3% |
| 12 Years | +2.25 | 0.97 | 98.0% | 95.0% | 11.2% | 9.0% |
| 15 Years | +1.44 | 0.99 | 100.5% | 98.5% | 10.8% | 9.4% |