UTI ELSS Tax Saver Fund
An open-ended equity fund investing a minimum of 80% in equity related instruments. It Aims at enabling members to avail tax rebate under Section 80C of the IT Act and provide them with the benefits of growth.
Growthvine rating: 2/5 — ranked #45 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹186.67 (as of 2026-10-23) |
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| AUM | ₹3,253 Cr |
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| Expense ratio | 1.66% |
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| Riskometer | Very High |
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| Fund manager | Amit Kumar Premchandani |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 5.56% |
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| Sharpe ratio | 0.1 |
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| Standard deviation | 15.42% |
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| Max drawdown | −59.93% |
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| Alpha | -2.75 |
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| Beta | 0.97 |
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Over 5 years, captured 85.9% of Nifty 500's upside and 99.5% of its downside.
Market cap allocation
| Large cap | 68.6% |
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| Mid cap | 19.2% |
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| Small cap | 12.2% |
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Concentration
| Top 5 holdings | 27.7% |
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| Top 10 holdings | 40.7% |
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| Total holdings | 60 |
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| Index overlap | 40.5% |
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| Active share | 59.5% |
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Top holdings
- HDFC Bank Ltd. — 8.1%
- ICICI Bank Ltd. — 7.1%
- Kotak Mahindra Bank Ltd. — 4.5%
- Bharti Airtel Ltd. — 4.3%
- AXIS Bank Ltd. — 3.7%
- Bajaj Finance Limited — 3.0%
- Reliance Industries Ltd — 2.7%
- Mahindra & Mahindra Ltd. — 2.5%
- Infosys Ltd — 2.4%
- State Bank Of India — 2.4%
Top sectors
- Banking & Financial — 26.5%
- Retail — 10.0%
- Automobile — 9.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −11.4% | Q4 (Bottom) | #41 of 52 |
| 2025 | 4.5% | Q2 | #21 of 51 |
| 2024 | 13.9% | Q3 | #38 of 51 |
| 2023 | 24.3% | Q4 (Bottom) | #39 of 48 |
| 2022 | −3.5% | Q4 (Bottom) | #39 of 43 |