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 #44 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹204.81 (as of 2026-08-21) |
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| AUM | ₹3,524 Cr |
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| Expense ratio | 1.65% |
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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 | 8.76% |
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| Sharpe ratio | 0.29 |
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| Standard deviation | 14.90% |
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| Max drawdown | -59.93% |
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| Alpha | -2.57 |
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| Beta | 0.96 |
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Over 5 years, captured 86.2% of Nifty 500's upside and 99.2% of its downside.
Market cap allocation
| Large cap | 68.4% |
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| Mid cap | 19.1% |
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| Small cap | 12.4% |
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Concentration
| Top 5 holdings | 26.8% |
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| Top 10 holdings | 40.3% |
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| Total holdings | 59 |
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| Index overlap | 41.2% |
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| Active share | 58.8% |
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Top holdings
- HDFC Bank Ltd. — 7.9%
- ICICI Bank Ltd. — 7.1%
- Bharti Airtel Ltd. — 4.5%
- Kotak Mahindra Bank Ltd. — 3.9%
- AXIS Bank Ltd. — 3.4%
- Bajaj Finance Limited — 3.2%
- Reliance Industries Ltd — 2.8%
- Mahindra & Mahindra Ltd. — 2.7%
- Infosys Ltd — 2.6%
- State Bank Of India — 2.3%
Top sectors
- Banking & Financial — 26.6%
- Automobile — 9.7%
- Retail — 8.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -2.7% | Q3 | #38 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 |