UTI ELSS Tax Saver Fund

Fund at a Glance
NAV Growth (Rs.)	211.43
NAV Bonus (Rs.)	—
NAV IDCW (Rs.)	49.82
Min. Investment (Rs.)	500
Min. SIP Investment (Rs.)	500
Min. No of Cheques	6
Benchmark	NIFTY 500 TRI
AUM Rs.	3,602 Cr
	(As on 28-Feb-2026)
Expense	0.94%
1 Year Return (%)	4.75
3 Year Return (%)	13.62
5 Year Return (%)	10.57
10 Year Return (%)	13.23
Return Since Launch	12.96%

⚖️ Sahifund Review – UTI ELSS Tax Saver Fund ✔

PLUS: Stability, track record, cost efficiency
UTI ELSS Tax Saver Fund benefits from a long operating history and strong fund house credibility, making it a familiar option for tax-saving investors. The fund maintains a well-diversified portfolio of 61 stocks, which helps reduce single-stock risk within the ELSS category. Its portfolio also has a balanced mix of large, mid and small caps, allowing broad-based market participation. With a minimum investment and SIP of Rs. 500, it remains accessible for first-time tax-saving investors. The ELSS category itself remains highly relevant because it combines Section 80C tax benefit with long-term equity wealth creation. Backed by UTI Mutual Fund, the scheme may still suit conservative investors looking for a steady SIP-based tax-saving route rather than aggressive return chasing.

MINUS: Large AUM, large-cap bias, momentum lag
The biggest issue is that the fund has consistently underperformed both benchmark and category averages across 1-year, 3-year, 5-year and 10-year periods. Its 2-star rating and below-average return grade clearly reflect this weak competitive position. The 1-year return of just 4.75% is uninspiring and lags most major ELSS peers. The portfolio has a clear large-cap bias (~72%), which may limit alpha during phases when mid and small caps outperform. The expense ratio of 0.94% is not low enough to justify the relatively weak performance. Turnover at 46% is moderate, but it still hasn’t translated into superior stock selection or peer outperformance. Since ELSS comes with a mandatory 3-year lock-in, underperformance becomes more painful because investors cannot exit quickly.

Sahifund View (Decisive Line):
A safe and familiar tax-saving option, but persistent underperformance makes it difficult to recommend over stronger ELSS alternatives for fresh investment.

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| NFO Guidance |

What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.

Suitable For Which Investors?
ELSS funds are suitable for investors:
1. Seeking tax savings u/s 80C through a diversified equity portfolio
2. Aiming for long-term wealth creation
3. With a 5+ year investment horizon
4. Who are at ease with the market’s ups and downs
Note:
• Invest only through SIP
• The fund has a lock-in-period of 3 years

Fund’s Investment Strategy:
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.

Fund Manager:

1) Amit Kumar Premchandani
Education: Mr. Premchandani is a Chartered Accountant, MBA and CFA degree holder.
Experience: Prior to joining UTI Mutual Fund, he has worked in Deutsche Equities India, JP Morgan and Peerless General Finance and Investment. In UTI he has been associated with Dept. of Securities Research and Dept. of Fund Management for more than 11 years.

Investment Details

Min. Investment (Rs)	500
Min. Addl Investment (Rs)	500
Min. SIP Investment (Rs)	500
Min. Withdrawal (Rs)	—
Min. No of Cheques	6
Min. Balance (Rs)	500
Lock-in Period	3 Years
Exit Load	0

Basic Details of UTI ELSS Tax Saver Fund

Fund House	UTI Mutual Fund
Launch Date	01-Jan-13
Return Since Launch	12.96%
Benchmark	NIFTY 500 TRI
Riskometer	Very High
Type	Open-ended
Assets (Rs.)	3,602 Cr
	(As on 28-Feb-2026)
Expense	0.94%
	(As on 28-Feb-2026)
Risk Grade	Above Average
Return Grade	Below Average
Turnover	46.00%

Trailing Returns (%)

Fund name	YTD	1D	1M	3M	6M	1Y	3Y	5Y	7Y	10Y
UTI ELSS Tax Saver Dir	-10.26	0.49	-8.76	-9.48	-9.11	4.75	13.62	10.57	12.85	13.23
BSE 500 TRI	-9.98	0.47	-8.44	-8.85	-7.98	7.02	15.19	12.41	13.56	14.47
Equity: ELSS	-9.58	0.51	-8.27	-8.78	-8.69	6.34	15.99	13.43	14.41	15.06
Rank within category	28	23	23	32	25	29	31	30	24	23
Number of funds in category	40	40	40	40	40	40	36	33	31	28

Peer Comparison of UTI ELSS Tax Saver Fund

	Rating	1 Year Returns	3 Year Returns	5 Year Returns	Expense Ratio (%)	Net Assets (Rs Cr)	Return Since Launch (%)	Exit Load (Days)	Fund Age	Turnover (%)
UTI ELSS Tax Saver Dir	2 star	4.75	13.62	10.57	0.94	3,602	12.96	—	13Y 2M	46.00
SBI ELSS Tax Saver Dir	5 star	5.42	21.86	18.07	0.92	32,171	15.30	—	13Y 2M	16.00
DSP ELSS Tax Saver Dir	4 star	6.80	19.34	15.80	0.74	17,250	16.61	—	13Y 2M	34.00
HDFC ELSS Tax Saver Dir	5 star	6.47	19.25	17.87	1.08	16,618	14.18	—	13Y 2M	18.06
Nippon India ELSS Tax Saver Dir	4 star	10.97	17.93	14.83	1.03	14,959	13.65	—	13Y 2M	14.00

Portfolio Analysis of UTI ELSS Tax Saver Fund

No. of Stocks	61
Top 10 Stocks	42.11%
Top 5 Stocks	27.89%
Top 3 Sectors	65.50%
Portfolio P/B Ratio	3.40
Portfolio P/E Ratio	24.24

Portfolio Breakup

	Fund	Category
Average Mkt Cap (Rs Cr)	2,24,244	2,05,144
Giant (%)	—	—
Large (%)	72.00	64.44
Mid (%)	14.32	19.02
Small (%)	13.68	18.32
Tiny (%)	—	—

Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully

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