UTI MNC Fund
Direct · GrowthAI Summary
UTI MNC Fund has delivered SIP XIRR of 13.06% over 3Y and 12.68% over 5Y, but it trails the category average SIP XIRR of 16.22% (3Y) and 17.45% (5Y) by a meaningful margin. Against the NIFTY 50, the fund shows positive alpha across most windows, including 1.68% over 5Y and 2.70% over 12Y, and outperformed the benchmark CAGR in 3Y, 5Y, 12Y, and 15Y periods. The 1Y XIRR of 10.08% lags the category average of 10.64%, indicating recent relative softness.
The fund exhibits low beta (0.66-0.76) with consistently lower downside capture (60-71%) than upside capture, meaning it has protected capital better in declines than it has participated in rallies. It has experienced 7 drawdown events exceeding 10%, with the maximum drawdown lasting 570 days and taking 255 days to recover, which highlights extended recovery periods during sector stress. Positive alpha across most windows suggests reasonable risk-adjusted outperformance versus the NIFTY 50 despite the defensive profile.
No individual holdings or sector breakdown data was provided, so portfolio-level composition cannot be assessed in detail. As a sectoral/thematic MNC fund, the portfolio is concentrated in multinational companies across consumer, healthcare, and industrial sectors, which inherently limits diversification versus diversified equity funds. Investors should verify current sector weights and top holdings before investing, as thematic concentration can amplify sector-specific drawdowns.
The fund underperforms its sectoral/thematic category on SIP XIRR across all horizons, trailing by roughly 3-5 percentage points at 3Y, 5Y, and 10Y. However, its lump-sum rolling returns show improvement over longer windows, with the 12Y rolling mean of 14.7% exceeding its 5Y and 7Y rolling means. Calendar year returns show strong upside years (64.05% in 2014, 37.07% in 2017, 25.01% in 2021) but several flat or negative years, indicating uneven consistency.
This fund suits investors with a high risk tolerance and a long time horizon of 7-10+ years, given the extended drawdown durations and thematic concentration risk. It is appropriate as a satellite allocation (typically 10-15% of an equity portfolio) rather than a core holding, complementing diversified funds. Investors comfortable with multi-year underperformance versus both peers and benchmarks during unfavorable sector cycles will be best positioned to benefit from its long-term alpha generation.
- Consistently positive alpha versus NIFTY 50 across most windows, including 2.70% over 12Y and 3.80% over 15Y
- Low downside capture (60-71%) with beta of 0.66-0.76, providing better capital protection during market declines than the benchmark
- Strong long-term lump-sum performance, with 15Y fund CAGR of 12.14% versus the benchmark's 9.30%
- SIP XIRR trails the category average by 3-5 percentage points across 3Y, 5Y, 7Y, 10Y, and 12Y horizons
- Thematic MNC concentration introduces sector-cycle risk, evidenced by 7 drawdown events over 10% and a maximum drawdown duration of 570 days
- Recent 1Y performance is weak, with fund CAGR of -7.89% in the latest 1Y window and 2026 calendar return of -7.44%
Generated on 25-10-2026, 2:26 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 | ₹12.72 L | 17.1% | -44.7% | 103.2% |
| 3 Years | ₹36.00 L | ₹43.29 L | 12.9% | -16.5% | 32.9% |
| 5 Years | ₹60.00 L | ₹80.23 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 | ₹2.27 Cr | 12.4% | 8.9% | 15.7% |
| 12 Years | ₹1.44 Cr | ₹3.14 Cr | 12.1% | 9.1% | 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 | 17.1% | 14.3% | 10.6% | +2.8% |
| 3 Years | 12.9% | 11.0% | 16.2% | +1.8% |
| 5 Years | 12.3% | 10.4% | 17.4% | +1.9% |
| 7 Years | 12.0% | 10.6% | 16.6% | +1.4% |
| 10 Years | 12.4% | 11.4% | 16.4% | +0.9% |
| 12 Years | 12.1% | 11.3% | 15.8% | +0.8% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 16.4% | 11.8% | -23.9% | 96.5% | 0.49 | 1.94 | 82% | — | — |
| 3 Years | 13.9% | 12.9% | -2.6% | 33.5% | 1.14 | 8.23 | 100% | — | — |
| 5 Years | 13.1% | 11.9% | 0.2% | 26.7% | 1.28 | 12.84 | 100% | — | — |
| 10 Years | 13.3% | 12.6% | 9.2% | 17.3% | 2.72 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | -0.13 | 0.76 | 72.1% | 70.8% | -8.1% | -12.4% |
| 3 Years | +1.12 | 0.72 | 73.2% | 69.3% | 7.3% | 6.1% |
| 5 Years | +1.86 | 0.70 | 70.0% | 65.2% | 7.0% | 4.5% |
| 7 Years | +1.21 | 0.67 | 65.1% | 61.2% | 9.9% | 9.8% |
| 10 Years | +0.89 | 0.68 | 66.7% | 63.1% | 9.9% | 10.2% |
| 12 Years | +2.55 | 0.68 | 68.2% | 62.7% | 10.8% | 9.1% |
| 15 Years | +3.81 | 0.66 | 67.6% | 60.3% | 12.1% | 9.3% |