UTI MNC Fund
Direct · GrowthAI Summary
UTI MNC Fund has delivered consistent alpha over the NIFTY 50 across all periods, with a 10Y lump-sum CAGR of 10.9% versus the benchmark's 10.79% and a 12Y CAGR of 12.62% versus 9.79%. However, its SIP XIRR lags the category average across every horizon — 13.96% vs 16.82% over 3Y and 12.6% vs 16.71% over 10Y. Recent returns have also softened, with the 1Y XIRR at 10.4% and calendar year returns of just 3.75% in 2025 and 1.89% in 2026 so far.
The fund exhibits a low beta of roughly 0.68-0.79 versus the NIFTY 50, with downside capture consistently below upside capture (e.g., 62.24% vs 69.03% over 12Y), indicating a defensive profile. It has experienced 7 drawdown events exceeding 10%, with the maximum drawdown taking 570 days to recover fully, of which 255 days were spent in recovery. Positive alpha across all periods (1.48% to 6.55%) suggests the fund has compensated investors for its defensive stance through risk-adjusted outperformance.
As a sectoral/thematic fund focused on multinational companies, the portfolio is concentrated in MNC-listed sectors such as consumer goods, healthcare, and capital goods, which limits diversification relative to diversified equity funds. No individual holding or sector breakdown was provided, so investors should review the latest factsheet for concentration details. The thematic mandate means sector exposure can deviate meaningfully from broad-market benchmarks.
The fund trails its sectoral/thematic category on SIP XIRR at every measured horizon, with the gap ranging from about 2.9 percentage points over 1Y (10.4% vs 14.1%) to nearly 4 percentage points over 5Y (13.02% vs 16.95%). Its lump-sum performance versus the NIFTY 50 is stronger, suggesting the category average is being lifted by more aggressive thematic peers in recent periods. Long-term calendar year returns show strong up years (64.05% in 2014, 37.07% in 2017) but muted performance in 2018-2019 and 2022.
This fund suits investors with a high risk tolerance and a time horizon of at least 5-7 years, given its thematic concentration and the 570-day recovery from its maximum drawdown. It works best as a satellite allocation of 5-15% of an equity portfolio rather than a core holding, complementing diversified funds. Investors should be comfortable with periods of underperformance versus both the benchmark and category peers, as seen in the recent 1Y-3Y SIP returns.
- Consistent positive alpha versus NIFTY 50 across all periods from 1Y to 15Y, including 6.55% alpha over 1Y and 3.88% over 12Y
- Defensive risk profile with beta around 0.68 and downside capture consistently below upside capture, cushioning falls
- Strong long-term lump-sum compounding with a 12Y CAGR of 12.62% versus the benchmark's 9.79%
- SIP XIRR trails the category average at every horizon, with a 5Y gap of 13.02% versus 16.95%
- Thematic MNC concentration limits diversification, and recent calendar year returns have been weak (3.75% in 2025, 1.89% in 2026 YTD)
- Long drawdown recovery of 255 days within a 570-day max drawdown episode, with 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 | ₹12.73 L | 17.3% | -44.7% | 103.2% |
| 3 Years | ₹36.00 L | ₹43.35 L | 13.0% | -16.5% | 32.9% |
| 5 Years | ₹60.00 L | ₹80.48 L | 12.3% | -5.9% | 23.8% |
| 7 Years | ₹84.00 L | ₹1.27 Cr | 12.0% | 2.5% | 18.4% |
| 10 Years | ₹1.20 Cr | ₹2.28 Cr | 12.5% | 9.0% | 15.7% |
| 12 Years | ₹1.44 Cr | ₹3.16 Cr | 12.3% | 9.5% | 15.2% |
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 | 17.3% | 14.4% | 14.1% | +2.9% |
| 3 Years | 13.0% | 11.1% | 16.8% | +1.9% |
| 5 Years | 12.3% | 10.4% | 16.9% | +1.9% |
| 7 Years | 12.0% | 10.6% | 16.5% | +1.5% |
| 10 Years | 12.5% | 11.5% | 16.7% | +1.0% |
| 12 Years | 12.3% | 11.4% | 16.3% | +0.9% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 16.7% | 12.1% | -23.9% | 96.5% | 0.51 | 2.03 | 83% | — | — |
| 3 Years | 14.0% | 13.1% | -2.6% | 33.5% | 1.16 | 8.26 | 100% | — | — |
| 5 Years | 13.2% | 12.0% | 0.2% | 26.7% | 1.30 | 12.93 | 100% | — | — |
| 10 Years | 13.5% | 13.8% | 9.2% | 17.3% | 2.83 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +6.55 | 0.79 | 79.5% | 67.5% | 5.7% | -2.9% |
| 3 Years | +4.20 | 0.72 | 75.5% | 68.1% | 11.6% | 7.8% |
| 5 Years | +2.59 | 0.70 | 70.3% | 64.5% | 10.0% | 7.8% |
| 7 Years | +3.40 | 0.68 | 66.7% | 60.7% | 13.5% | 11.8% |
| 10 Years | +1.48 | 0.68 | 67.0% | 62.7% | 10.9% | 10.8% |
| 12 Years | +3.88 | 0.68 | 69.0% | 62.2% | 12.6% | 9.8% |
| 15 Years | +4.25 | 0.66 | 67.8% | 59.9% | 12.9% | 9.7% |