UTI Mid Cap Fund
Direct · GrowthAI Summary
UTI Mid Cap Fund has delivered solid long-term SIP returns, with 10Y XIRR of 17.51% and 5Y XIRR of 18.6%, though it trails the category average SIP XIRR across all periods (e.g., 17.51% vs 19.32% at 10Y). Against the NIFTY MIDCAP 150, the fund has consistently underperformed on a lump-sum basis over 1Y to 12Y windows, with negative alpha in most periods (e.g., -1.75% over 5Y). However, over the 15Y window it has outperformed with a CAGR of 15.79% versus the benchmark's 14.64% and positive alpha of 1.91%.
The fund exhibits a beta below 1 (0.87-0.92 across periods) with nearly symmetric upside and downside capture (e.g., 87.64% upside vs 88.57% downside over 5Y), indicating it moves slightly less than the benchmark in both directions without meaningful defensive advantage. Seven drawdown events exceeding 10% highlight the inherent volatility of mid-cap investing, and the maximum drawdown duration of 798 days with a 239-day recovery reflects extended recovery periods. Calmar ratios in the 0.41-0.57 range suggest moderate risk-adjusted efficiency relative to drawdown depth.
Detailed holdings and sector allocation data were not provided in this dataset, so concentration and diversification cannot be assessed here. As a mid-cap fund, it is mandated to maintain predominantly mid-cap exposure, which carries higher volatility than large-cap peers. Investors should review the latest factsheet for current top holdings and sector weights before investing.
The fund lags the category average SIP XIRR at every horizon, with gaps of roughly 1.8-2.3 percentage points (e.g., 18.6% vs 20.44% at 5Y, 17.52% vs 19.81% at 3Y). Its long 15Y outperformance versus the benchmark suggests a historically capable process, but recent 3Y-5Y alpha of -1.66% to -1.75% indicates relative performance has softened. Calendar year returns show strong upside years (90.91% in 2014, 43.09% in 2021) alongside sharp downside years (-13.76% in 2018), typical of the mid-cap category.
This fund suits investors with a high risk tolerance and a long horizon of at least 7-10 years, given the extended drawdown durations and mid-cap volatility. It is appropriate as a satellite allocation within a diversified portfolio rather than a core holding, given its underperformance versus both category peers and benchmark in recent windows. SIP investors seeking mid-cap growth exposure who can tolerate multi-year drawdowns may consider it, but should compare against better-performing category peers.
- Strong long-term SIP XIRR of 17.51% over 10Y and 18.6% over 5Y, demonstrating wealth-compounding capability
- Positive 15Y alpha of 1.91% versus NIFTY MIDCAP 150 with fund CAGR of 15.79% vs benchmark 14.64%
- Beta consistently below 1 (0.87-0.92) with downside capture slightly below or near upside capture, tempering benchmark volatility
- Underperforms the category average SIP XIRR at every horizon, trailing by up to 2.3 percentage points (5Y: 18.6% vs 20.44%)
- Negative alpha over 1Y to 12Y windows versus the NIFTY MIDCAP 150 (e.g., -1.75% over 5Y), indicating persistent recent benchmark underperformance
- Seven drawdown events exceeding 10% and a maximum drawdown duration of 798 days highlight significant downside risk and slow recoveries
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 | ₹12.84 L | 24.1% | -49.8% | 149.1% |
| 3 Years | ₹36.00 L | ₹46.39 L | 17.5% | -22.2% | 45.0% |
| 5 Years | ₹60.00 L | ₹92.40 L | 16.7% | -9.9% | 31.8% |
| 7 Years | ₹84.00 L | ₹1.56 Cr | 17.3% | 0.8% | 26.1% |
| 10 Years | ₹1.20 Cr | ₹2.97 Cr | 17.5% | 14.0% | 21.2% |
| 12 Years | ₹1.44 Cr | ₹4.21 Cr | 16.8% | 13.8% | 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 | 24.1% | 21.8% | 15.9% | +2.3% |
| 3 Years | 17.5% | 17.2% | 19.8% | +0.3% |
| 5 Years | 16.7% | 16.5% | 20.4% | +0.2% |
| 7 Years | 17.3% | 16.8% | 19.4% | +0.5% |
| 10 Years | 17.5% | 16.6% | 19.3% | +0.9% |
| 12 Years | 16.8% | 16.3% | 18.6% | +0.5% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 22.8% | 15.2% | -28.6% | 127.4% | 0.55 | 2.38 | 82% | — | — |
| 3 Years | 18.5% | 18.4% | -8.2% | 46.5% | 1.15 | 5.48 | 97% | — | — |
| 5 Years | 17.4% | 16.3% | -1.1% | 32.1% | 1.48 | 12.73 | 100% | — | — |
| 10 Years | 17.6% | 16.6% | 12.7% | 23.7% | 3.79 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY MIDCAP 150
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | -0.43 | 0.92 | 91.7% | 91.5% | -4.5% | -5.0% |
| 3 Years | -1.65 | 0.87 | 86.7% | 87.6% | 10.6% | 13.1% |
| 5 Years | -1.92 | 0.88 | 87.6% | 88.8% | 10.0% | 12.7% |
| 7 Years | +0.03 | 0.89 | 88.8% | 88.0% | 17.9% | 19.3% |
| 10 Years | -1.03 | 0.91 | 90.4% | 90.7% | 13.0% | 14.8% |
| 12 Years | -0.92 | 0.91 | 90.7% | 90.8% | 13.6% | 15.3% |
| 15 Years | +1.91 | 0.91 | 91.6% | 89.0% | 15.7% | 14.6% |