UTI Mid Cap Fund
Direct · GrowthAI Summary
UTI Mid Cap Fund has delivered solid long-term SIP returns, with 5Y XIRR of 19.23% and 10Y XIRR of 17.74%, though it trails the category average SIP XIRR across most horizons (e.g., 1Y: 13.92% vs 21.6%; 10Y: 17.74% vs 19.41%). Against the NIFTY Midcap 150 benchmark, the fund has generally lagged on a lump-sum CAGR basis, with negative alpha in five of seven periods (e.g., -2.18% over 5Y, -1.12% over 10Y). However, it has outperformed the benchmark over 15Y, with a CAGR of 16.46% vs 15.39% and positive alpha of 1.90%.
The fund exhibits below-market volatility with beta consistently between 0.87 and 0.93, and downside capture slightly below or near upside capture in most periods, indicating a mildly defensive profile. It has experienced 7 drawdown events exceeding 10%, with a maximum drawdown duration of 798 days and a 239-day recovery, reflecting the extended drawdowns typical of mid-cap investing. Calmar ratios in the 0.41-0.57 range suggest moderate risk-adjusted efficiency rather than exceptional downside protection.
Holdings-level portfolio data was not provided, so specific top holdings and sector concentrations cannot be assessed. As a Mid Cap Fund under SEBI categorization, it must hold at least 65% of assets in mid-cap equities, which inherently carries concentration in the mid-cap segment. Investors should review the latest factsheet for current stock and sector allocation details.
The fund underperforms the category average SIP XIRR across all reported horizons, with gaps of 7.68 percentage points at 1Y, 1.01 points at 3Y, and 1.67 points at 10Y. Its long-term consistency is nonetheless respectable, with 12Y rolling returns averaging 20.12% and calendar-year gains in 12 of the last 14 years. The 15Y outperformance versus the benchmark suggests the fund's relative strength has emerged over the longest horizons.
This fund suits investors seeking mid-cap exposure with a long time horizon of at least 7-10 years, given the extended drawdown durations and multi-year recovery periods observed. It is appropriate for those with moderate-to-high risk tolerance who can tolerate years like 2018 (-13.76%) and 2022 (-1.1%). A SIP approach is well suited given the fund's strong long-term SIP XIRR figures of 17-19% over 5Y and beyond.
- Strong long-term SIP returns with 5Y XIRR of 19.23% and 10Y XIRR of 17.74%
- Below-market beta (0.87-0.93) with downside capture generally at or below upside capture, offering a mildly defensive mid-cap exposure
- Outperformed the NIFTY Midcap 150 over 15 years (16.46% vs 15.39% CAGR) with positive alpha of 1.90%
- Underperforms the category average SIP XIRR across all horizons, most notably 13.92% vs 21.6% over 1Y
- Negative alpha versus the NIFTY Midcap 150 in five of seven periods, including -2.18% over 5Y and -2.07% over 1Y
- Extended drawdown behavior, with a maximum drawdown duration of 798 days and 7 drawdown events exceeding 10%
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 | ₹12.87 L | 24.4% | -49.8% | 149.1% |
| 3 Years | ₹36.00 L | ₹46.60 L | 17.7% | -22.2% | 45.0% |
| 5 Years | ₹60.00 L | ₹92.89 L | 16.8% | -9.9% | 31.8% |
| 7 Years | ₹84.00 L | ₹1.56 Cr | 17.3% | 0.8% | 26.1% |
| 10 Years | ₹1.20 Cr | ₹2.99 Cr | 17.6% | 14.0% | 21.2% |
| 12 Years | ₹1.44 Cr | ₹4.30 Cr | 17.0% | 14.0% | 20.8% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY MIDCAP 150 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 24.4% | 22.0% | 21.6% | +2.4% |
| 3 Years | 17.7% | 17.3% | 19.9% | +0.4% |
| 5 Years | 16.8% | 16.5% | 19.4% | +0.3% |
| 7 Years | 17.3% | 16.8% | 19.3% | +0.5% |
| 10 Years | 17.6% | 16.6% | 19.4% | +1.0% |
| 12 Years | 17.0% | 16.3% | 18.8% | +0.7% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 23.1% | 15.7% | -28.6% | 127.4% | 0.56 | 2.42 | 82% | — | — |
| 3 Years | 18.7% | 18.6% | -8.2% | 46.5% | 1.15 | 5.49 | 97% | — | — |
| 5 Years | 17.5% | 16.5% | -1.1% | 32.1% | 1.49 | 12.73 | 100% | — | — |
| 10 Years | 17.8% | 17.1% | 13.0% | 23.7% | 3.96 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY MIDCAP 150
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | -2.07 | 0.92 | 90.1% | 91.1% | 7.5% | 9.9% |
| 3 Years | -1.84 | 0.87 | 86.4% | 87.3% | 14.7% | 18.1% |
| 5 Years | -2.18 | 0.87 | 87.3% | 88.6% | 13.9% | 17.5% |
| 7 Years | +0.50 | 0.89 | 89.0% | 87.7% | 20.9% | 22.1% |
| 10 Years | -1.12 | 0.91 | 90.3% | 90.6% | 14.7% | 16.8% |
| 12 Years | -0.17 | 0.91 | 91.1% | 90.6% | 15.9% | 16.9% |
| 15 Years | +1.90 | 0.91 | 91.5% | 88.9% | 16.5% | 15.4% |