EquityELSSRegularGrowthVery High

UTI - Master Equity Plan Unit Scheme

Q: What is the NAV of UTI - Master Equity Plan Unit Scheme?

As of 05 Oct 2026, the NAV of UTI - Master Equity Plan Unit Scheme is ₹211.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has UTI - Master Equity Plan Unit Scheme delivered?

UTI - Master Equity Plan Unit Scheme has returned -7.68% over 1 year, +5.77% per year over 3 years, +5.51% per year over 5 years and +8.78% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of UTI - Master Equity Plan Unit Scheme?

UTI - Master Equity Plan Unit Scheme charges an expense ratio of 1.36% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: How risky is UTI - Master Equity Plan Unit Scheme?

UTI - Master Equity Plan Unit Scheme is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.4% and its worst peak-to-trough fall in our sample was -54.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -0.06 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI - Master Equity Plan Unit Scheme's -0.06 means it has not compensated investors for its volatility over the window. Higher is better.

Q: How is UTI - Master Equity Plan Unit Scheme taxed?

UTI - Master Equity Plan Unit Scheme is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

UTI Mutual Fund · Best ELSS (Tax Saving) Mutual Funds

NAV

₹211.20

+0.44% 1D

as of 05 Oct 2026

This is the Regular plan of UTI - Master Equity Plan Unit Scheme — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-8.28%absolute

52-week rangePrev NAV ₹210.28

Latest ₹211.20

Low ₹201.5926th percentile of its 52-week rangeHigh ₹238.47

Scorecard

★★☆☆☆2/5 vs 51 ELSS peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within ELSS (same plan and option).

PerformanceBelow avg

3Y CAGR +5.77% · ranks 45 of 49 ELSS funds

RiskLow

Volatility 12.4% vs 14.8% category avg

CostLow

1.4% expense vs 2.0% category avg

ConsistencyHigh

95% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its ELSS peers (12.4% vs 14.8%)
Low expense ratio (1.36%) vs the ELSS average of 2.04%
Consistent — positive in 95% of rolling 3-year windows

Concerns

Trails the ELSS average on 1M/3M/6M/1Y — 1Y by 5.62pp
3-year return (+5.77%) trails the ELSS average (+9.86%)
5-year return (+5.51%) trails the ELSS average (+9.71%)
Ranks #42 of 50 on 1-year return in its ELSS cohort
Weaker risk-adjusted returns — Sharpe -0.06 below the ELSS average of 0.22

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.36%

Category 2.04%▼0.68%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

-0.06

Category 0.22▼0.28

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

—

Exit Load

—

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

—

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

—

Benchmark

—

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

03 Apr 2006

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-5.44%

Absolute return over the last 3 months (not annualized)

-4.82%

Absolute return over the last 6 months (not annualized)

+2.89%

Absolute return since 1 Jan of this year (not annualized)

-10.99%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-7.68%

3-year annualized return (CAGR)

+5.77%

5-year annualized return (CAGR)

+5.51%

10-year annualized return (CAGR)

+8.97%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+8.78%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

12.43%

Excess return per unit of total volatility (rf = 6.5%)

-0.06

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-0.08

Largest peak-to-trough decline over full history

-54.55%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

-3.30%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.86

How much of the fund's movement Nifty 500 TRI explains

93.5%

Excess return per unit of beta (market risk)

-0.81

Active return over the benchmark per unit of tracking error

-0.92

Annualized std dev of fund-minus-benchmark returns

4.23%

Fund's share of benchmark gains in up months (100 = matches index)

79.7%

Fund's share of benchmark losses in down months (lower is better)

91.1%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (ELSS)

Period	Fund	Category avg.	Diff
1M abs	-5.44%	-4.70%	-0.74%
3M abs	-4.82%	-3.98%	-0.84%
6M abs	+2.89%	+8.54%	-5.65%
1Y CAGR	-7.68%	-2.06%	-5.62%
3Y CAGR	+5.77%	+9.86%	-4.09%
5Y CAGR	+5.51%	+9.71%	-4.20%

Category average across peers in ELSS (up to 49 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 49 peers in ELSS

1Y return

-7.68%

Beats 16.3% · rank #42

3Y return

+5.77%

Beats 8.3% · rank #45

5Y return

+5.51%

Beats 7.3% · rank #39

Sharpe

-0.06

Beats 8.3% · rank #45

Sortino

-0.08

Beats 8.3% · rank #45

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.66L

Absolute

+11.02%

XIRR

+4.26%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into UTI - Master Equity Plan Unit Scheme, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-10.99%	-7.18%	-3.81%
2025	+8.50%	+7.94%	+0.56%
2024	+11.31%	+16.43%	-5.12%
2023	+21.08%	+27.43%	-6.35%
2022	+1.24%	+4.34%	-3.10%
2021	+29.14%	+31.59%	-2.45%
2020	+10.76%	+18.33%	-7.57%
2019	+8.31%	+8.95%	-0.64%
2018	-4.69%	-2.33%	-2.36%
2017	+31.30%	+37.35%	-6.05%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

5,043

Expense ratio

1.36%

AUM

₹2,737Cr

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · ELSS

Compare all


UTI - Master Equity Plan Unit SchemeThis fund UTI · Regular · Growth	★★☆☆☆	-7.68%	+5.77%	+5.51%	—	1.36%	₹2,737Cr
SBI Long Term Advantage Fund - Series V SBI · Regular · Growth	★★★★★	-1.21%	+19.11%	+13.78%	—	1.38%	₹345.73Cr
Motilal Oswal ELSS Tax Saver Fund Motilal Oswal · Regular · Growth	★★★☆☆	+5.53%	+19.09%	+15.16%	—	2.10%	₹4,627Cr
Bank of India Mid Cap Tax Fund Series 1 Bank of India · Regular · Growth	★★★★☆	+8.41%	+14.33%	+10.89%	—	1.38%	₹62.74Cr
JM ELSS - Tax Saver Fund JM Financial · Regular · Growth	★★★☆☆	+3.76%	+14.32%	+11.79%	—	2.68%	₹220.95Cr
HSBC ELSS Tax saver Fund HSBC · Regular · Growth	★★★★☆	+0.84%	+14.16%	—	—	1.99%	₹3,957Cr

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-54.6%04 Jan 2008 → 27 Oct 2008
Fell over 10 months, back to the old high on 09 Dec 2013 — 5.1 years under water after the low.
-38.0%28 Aug 2018 → 23 Mar 2020
Fell over 1.6 years, back to the old high on 17 Nov 2020 — 8 months under water after the low.
-32.2%09 May 2006 → 14 Jun 2006
Fell over 36 days, back to the old high on 02 Nov 2006 — 5 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹2,737Cr

April - June 2026

-5%

since January - March 2026

+₹66.01Cr

est. net flow, last quarter

At or near its largest, ₹2,870Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

UTI Mutual Fund descends from the Unit Trust of India, which was effectively the whole Indian mutual fund industry from 1963 until private managers were allowed in. It was carved out as a SEBI-registered fund house in 2003, is listed on the exchanges, and is held by SBI, LIC, Bank of Baroda, PNB and T. Rowe Price rather than a single parent.

Launched

13 Nov 2002

Total AUM

₹3,92,691Cr+1.1% QoQ

Avg AUM · April - June 2026

Website

utimf.com

UTI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About ELSS (tax-saving) funds

ELSS funds are equity funds that qualify for a Section 80C deduction (up to ₹1.5 lakh a year) under the old tax regime. They carry a 3-year lock-in — the shortest of any 80C option.

Frequently asked questions

What is the NAV of UTI - Master Equity Plan Unit Scheme?

As of 05 Oct 2026, the NAV of UTI - Master Equity Plan Unit Scheme is ₹211.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has UTI - Master Equity Plan Unit Scheme delivered?

UTI - Master Equity Plan Unit Scheme has returned -7.68% over 1 year, +5.77% per year over 3 years, +5.51% per year over 5 years and +8.78% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of UTI - Master Equity Plan Unit Scheme?

UTI - Master Equity Plan Unit Scheme charges an expense ratio of 1.36% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

How risky is UTI - Master Equity Plan Unit Scheme?

UTI - Master Equity Plan Unit Scheme is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.4% and its worst peak-to-trough fall in our sample was -54.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -0.06 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI - Master Equity Plan Unit Scheme's -0.06 means it has not compensated investors for its volatility over the window. Higher is better.

How is UTI - Master Equity Plan Unit Scheme taxed?

UTI - Master Equity Plan Unit Scheme is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.