EquityMid Cap FundRegularGrowthVery High

UTI - Mid Cap Fund

Q: What is the NAV of UTI - Mid Cap Fund?

As of 05 Oct 2026, the NAV of UTI - Mid Cap Fund is ₹298.77 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has UTI - Mid Cap Fund delivered?

UTI - Mid Cap Fund has returned +0.02% over 1 year, +9.75% per year over 3 years, +9.69% per year over 5 years and +12.92% 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 - Mid Cap Fund?

UTI - Mid Cap Fund charges an expense ratio of 1.97% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of UTI - Mid Cap Fund?

UTI - Mid Cap Fund's largest holdings are COFORGE LTD (3.3%), PB FINTECH LTD (3.1%), AU SMALL FINANCE BANK LTD (2.8%), APL APOLLO TUBES LTD (2.4%) and HERO MOTOCORP LTD. (2.2%). Holdings are disclosed monthly and change over time.

Q: How risky is UTI - Mid Cap Fund?

UTI - Mid Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.3% and its worst peak-to-trough fall in our sample was -68.4%. 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 0.21 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI - Mid Cap Fund's 0.21 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of UTI - Mid Cap Fund?

UTI - Mid Cap Fund is benchmarked against the Nifty Midcap 150 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages UTI - Mid Cap Fund?

UTI - Mid Cap Fund is managed by Vishal Chopda at UTI.

Q: How is UTI - Mid Cap Fund taxed?

UTI - Mid Cap Fund 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 Mid Cap Mutual Funds

NAV

₹298.77

+0.50% 1D

as of 05 Oct 2026

This is the Regular plan of UTI - Mid Cap Fund — 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

-0.67%absolute

52-week rangePrev NAV ₹297.29

Latest ₹298.77

Low ₹265.5558th percentile of its 52-week rangeHigh ₹323.08

Scorecard

★★☆☆☆2/5 vs 29 of 33 Mid Cap Fund 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 Mid Cap Fund (same plan and option). 29 of the 33 Mid Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceBelow avg

3Y CAGR +9.75% · ranks 25 of 29 Mid Cap Funds

RiskModerate

Volatility 15.3% vs 16.1% category avg

CostLow

2.0% expense vs 2.2% category avg

ConsistencyHigh

93% 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

Low expense ratio (1.97%) vs the Mid Cap Fund average of 2.20%
Consistent — positive in 93% of rolling 3-year windows

Concerns

Trails the Mid Cap Fund average on 1M/6M/1Y — 1Y by 3.51pp
3-year return (+9.75%) trails the Mid Cap Fund average (+14.61%)
5-year return (+9.69%) trails the Mid Cap Fund average (+13.11%)
Ranks #26 of 31 on 1-year return in its Mid Cap Fund cohort
Weaker risk-adjusted returns — Sharpe 0.21 below the Mid Cap Fund average of 0.49

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.97%

Category 2.20%▼0.23%

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

30.21

Category —

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

0.21

Category 0.49▼0.28

Scheme Info

Definitions

Plan

Regular · Growth

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

None

W.e.f. 06-04-2015 Exit Load: Less than 1 year - 1.00%, Greater than or equal to one year - Nil

1.00%

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

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Nifty Midcap 150 TRI

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)

-6.54%

Absolute return over the last 3 months (not annualized)

-2.74%

Absolute return over the last 6 months (not annualized)

+10.36%

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

-1.60%

Annualized returns (≥1Y — CAGR)

Definitions

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

+0.02%

3-year annualized return (CAGR)

+9.75%

5-year annualized return (CAGR)

+9.69%

10-year annualized return (CAGR)

+12.12%

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.

+12.92%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

15.35%

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

0.21

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

0.28

Largest peak-to-trough decline over full history

-68.39%

Benchmark ratios (vs Nifty Midcap 150 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty Midcap 150 TRI

-3.41%

Sensitivity to Nifty Midcap 150 TRI moves; 1 = moves with the index

0.94

How much of the fund's movement Nifty Midcap 150 TRI explains

95.0%

Excess return per unit of beta (market risk)

3.41

Active return over the benchmark per unit of tracking error

-1.01

Annualized std dev of fund-minus-benchmark returns

4.16%

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

89.5%

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

102.4%

Computed vs the Nifty Midcap 150 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 (Mid Cap Fund)

Period	Fund	Category avg.	Diff
1M abs	-6.54%	-5.27%	-1.27%
3M abs	-2.74%	-2.75%	+0.01%
6M abs	+10.36%	+13.18%	-2.82%
1Y CAGR	+0.02%	+3.53%	-3.51%
3Y CAGR	+9.75%	+14.61%	-4.86%
5Y CAGR	+9.69%	+13.11%	-3.42%

Category average across peers in Mid Cap Fund (up to 33 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 33 peers in Mid Cap Fund

1Y return

+0.02%

Beats 16.7% · rank #26

3Y return

+9.75%

Beats 14.3% · rank #25

5Y return

+9.69%

Beats 9.5% · rank #20

Sharpe

0.21

Beats 14.3% · rank #25

Sortino

0.28

Beats 14.3% · rank #25

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

₹7.52L

Absolute

+25.39%

XIRR

+9.27%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into UTI - Mid Cap Fund, 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 Midcap 150 TRI	Diff
2026part	-1.60%	-1.81%	+0.21%
2025	-0.15%	+6.24%	-6.39%
2024	+23.28%	+24.74%	-1.46%
2023	+30.54%	+45.27%	-14.73%
2022	-0.75%	+4.09%	-4.84%
2021	+43.07%	+48.31%	-5.24%
2020	+32.68%	+26.10%	+6.58%
2019	-0.19%	—	—
2018	-14.95%	—	—
2017	+41.99%	—	—

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

1.97%

AUM

₹11,737Cr

Portfolio turnover

61%

Exit load

W.e.f. 06-04-2015 Exit Load: Less than 1 year - 1.00%, Greater than or equal to one year - Nil

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

30.2

P/B ratio

5.4

Avg market cap

₹70,084Cr

P/E & P/B are portfolio-weighted harmonic means across 66 of 78 equity holdings (84% of the portfolio); loss-making companies are excluded.

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 · Mid Cap Fund

Compare all


UTI - Mid Cap FundThis fund UTI · Regular · Growth	★★☆☆☆	+0.02%	+9.75%	+9.69%	—	1.97%	₹11,737Cr
HSBC Midcap Fund HSBC · Regular · Growth	★★★★☆	+15.31%	+21.44%	—	—	2.16%	₹13,701Cr
Invesco India Mid Cap Fund Invesco · Regular · Growth	★★★★☆	+5.29%	+20.56%	+16.59%	—	1.86%	—
WhiteOak Capital Mid Cap Fund WhiteOak Capital · Regular · Growth	★★★★★	+9.17%	+18.84%	—	—	2.24%	₹5,514Cr
ICICI Prudential Mid Cap Fund ICICI Prudential · Regular · Growth	★★★☆☆	+8.48%	+18.79%	+14.49%	—	1.84%	—
Edelweiss Mid Cap Fund Edelweiss · Regular · Growth	★★★★★	+3.04%	+18.11%	+15.30%	—	1.87%	₹16,310Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 99% of the equity sleeve priced.

Large cap13.4%
Mid cap68.7%
Small cap18.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity97.80%
Cash & Equivalents1.16%
Real Estate / REITs1.01%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Edelweiss Mid Cap Fund Edelweiss · Mid Cap Fund	45.2%	★★★★★	0.68%	+19.66%
Tata Nifty Midcap 150 Index Fund Tata · Index Funds	42.4%	★★★☆☆	0.29%	—
Baroda BNP Paribas Nifty Midcap 150 Index Fund Baroda BNP Paribas · Index Funds	42.3%	★★☆☆☆	0.58%	—
Nippon India ETF Nifty Midcap 150 Nippon India · Other ETFs	42.2%	—	0.24%	+13.67%
Nippon India Nifty Midcap 150 Index Fund Nippon India · Index Funds	42.2%	★★★★☆	0.37%	+13.48%
Kotak Nifty Midcap 50 Index Fund Kotak Mahindra · Index Funds	42.1%	★★★★☆	0.39%	—
Axis Nifty Midcap 50 Index Fund Axis · Index Funds	42.1%	★★★★★	0.37%	+14.04%
Groww Nifty Midcap 150 Index Fund Groww · Index Funds	42.1%	—	0.54%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

1 holding — 3.08% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I3.08%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

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.

-68.4%02 Jan 2008 → 09 Mar 2009
Fell over 14 months, back to the old high on 04 Oct 2010 — 1.6 years under water after the low.
-41.9%15 Jan 2018 → 23 Mar 2020
Fell over 2.2 years, back to the old high on 18 Nov 2020 — 8 months under water after the low.
-39.9%09 May 2006 → 24 Jul 2006
Fell over 2 months, back to the old high on 15 Oct 2007 — 15 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

₹11,737Cr

April - June 2026

+2%

since January - March 2026

+₹237.66Cr

est. net flow, last quarter

At or near its largest, ₹11,737Cr in April - June 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

Fund Managers

VCVishal ChopdaStart date not disclosed

Role

Senior Vice President & Fund Manager- Equity

Education

BE, PGDM, CFA

Experience

FMCG, Retail, Consumer Cement, and Building Development Institute (MDI) completed his Bachelor of

Funds managed (1)

UTI - India Consumer Fund

All schemes Vishal Chopda runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Vishal Chopda

Top holdings

COFORGE LTD PB FINTECH LTD AU SMALL FINANCE BANK LTD APL APOLLO TUBES LTD HERO MOTOCORP LTD.AUROBINDO PHARMA LTD.FEDERAL BANK LTD.AJANTA PHARMA LTD.POLYCAB INDIA LTD SHRIRAM FINANCE LTD MAX FINANCIAL SERVICES LTD.INFO-EDGE (INDIA) LTD.

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 Mid Cap funds

Mid cap funds invest in the 101st–250th largest companies. They can grow faster than large caps but fall harder in downturns — a higher-risk, higher-reward slice of the market.

Frequently asked questions

What is the NAV of UTI - Mid Cap Fund?

As of 05 Oct 2026, the NAV of UTI - Mid Cap Fund is ₹298.77 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has UTI - Mid Cap Fund delivered?

UTI - Mid Cap Fund has returned +0.02% over 1 year, +9.75% per year over 3 years, +9.69% per year over 5 years and +12.92% 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 - Mid Cap Fund?

UTI - Mid Cap Fund charges an expense ratio of 1.97% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of UTI - Mid Cap Fund?

UTI - Mid Cap Fund's largest holdings are COFORGE LTD (3.3%), PB FINTECH LTD (3.1%), AU SMALL FINANCE BANK LTD (2.8%), APL APOLLO TUBES LTD (2.4%) and HERO MOTOCORP LTD. (2.2%). Holdings are disclosed monthly and change over time.

How risky is UTI - Mid Cap Fund?

UTI - Mid Cap Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.3% and its worst peak-to-trough fall in our sample was -68.4%. 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 0.21 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI - Mid Cap Fund's 0.21 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of UTI - Mid Cap Fund?

UTI - Mid Cap Fund is benchmarked against the Nifty Midcap 150 TRI. Its alpha and beta on this page are measured against that index.

Who manages UTI - Mid Cap Fund?

UTI - Mid Cap Fund is managed by Vishal Chopda at UTI.

How is UTI - Mid Cap Fund taxed?

UTI - Mid Cap Fund 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.