UTI - Flexi Cap Fund.
This is the Direct plan of UTI - Flexi Cap Fund. — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★☆☆☆2/5 vs 36 of 45 Flexi 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 Flexi Cap Fund (same plan and option). 36 of the 45 Flexi Cap Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +7.25% · ranks 35 of 36 Flexi Cap Funds
Volatility 13.0% vs 14.2% category avg
1.2% expense vs 1.1% category avg
99% 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
- Consistent — positive in 99% of rolling 3-year windows
Concerns
- 1-year return (-3.48%) trails the Flexi Cap Fund average (+0.32%)
- 3-year return (+7.25%) trails the Flexi Cap Fund average (+12.18%)
- 5-year return (+3.75%) trails the Flexi Cap Fund average (+10.44%)
- Weaker risk-adjusted returns — Sharpe 0.06 below the Flexi Cap Fund average of 0.39
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Flexi Cap Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -5.33% | -4.27% | -1.06% |
| 3M abs | -0.85% | -2.47% | +1.62% |
| 6M abs | +12.89% | +10.38% | +2.51% |
| 1Y CAGR | -3.48% | +0.32% | -3.80% |
| 3Y CAGR | +7.25% | +12.18% | -4.93% |
| 5Y CAGR | +3.75% | +10.44% | -6.69% |
Category average across peers in Flexi Cap Fund (up to 45 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 45 peers in Flexi Cap Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into UTI - Flexi 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 500 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -3.03% | -7.18% | +4.15% | |
| 2025 | +1.71% | +7.94% | -6.23% | |
| 2024 | +15.12% | +16.43% | -1.31% | |
| 2023 | +20.73% | +27.43% | -6.70% | |
| 2022 | -12.68% | +4.34% | -17.02% | |
| 2021 | +35.00% | +31.59% | +3.41% | |
| 2020 | +32.45% | +18.33% | +14.12% | |
| 2019 | +12.30% | +8.95% | +3.35% | |
| 2018 | +4.07% | -2.33% | +6.40% | |
| 2017 | +30.69% | +37.35% | -6.66% |
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.
Taxation
Taxed as equityThis 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.
Flat, on the whole gain
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity97.18%
- Cash & Equivalents2.62%
- Debt0.21%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹23,126Cr 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.
Fund Managers
ATAjay TyagiManaging since 01 Jan 2016
CFA Senior Executive Vice President & Head-Equity
CFA
He joined UTI AMC in the year 2000 and has been working in the Equity Research and Fund Management functions since then. He is presently working as a Fund Manager and Head of Equity in the Equity Fund Management Team where he manages a few domestic mutual fund schemes. He is also an Investment Advisor to a few India dedicated offshore funds. Prior to being designated as a Fund Manager he has worked as an Assistant Fund Manager in the Offshore Funds division.
KGKamal GadaManaging since 08 Apr 2025
Senior Vice President- Equity
B.com, CA, CS, CFA
He is the Vice President - Equity. He completed CA from ICAI and has cleared Level 3 of CFA from CFA Institute, USA. He graduated in Bachelor of Commerce in 2003 from Mumbai University. He began his career with BPCL as Senior Accounts Officer in 2004. Kamal joined UTI AMC in 2008 as Research Analyst. Presently he is Fund Manager for UTI Healthcare Fund as well as covers Pharma and Chemicals sector. He has over 16 years of experience in Equity Research. May 2025
ASAkash Dilip ShahManaging since 12 Jan 2026
Associate Vice President Equity
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and 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.
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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 Flexi Cap funds
Flexi cap funds invest across large, mid and small-cap stocks with no fixed allocation, letting the manager shift with the market cycle. That flexibility can help manage risk and chase growth wherever it is.
From the blog
Flexi-cap fund returns: a 12-point spread over 3 years
01 Oct 2026
The median flexi-cap fund returned 11.22% a year over three years to 30 September 2026. The best made 18.38%, the worst 6.06%. The 1, 3 and 5-year spread.
Flexi-cap fund returns: 10 funds at record highs
13 Aug 2026
On 12 August 2026, 10 of 44 flexi-cap funds were at record NAVs and the median had gained 8.66% since 15 April. Their 1 to 10-year spread against the Nifty 500.
SIP returns by fund category: why they trail lump sums
18 May 2026
A 3-year monthly SIP in the median diversified equity fund made 7.34% a year to 15 May 2026; a lump sum made 16.66%. The gap, category by category.
Frequently asked questions
What is the NAV of UTI - Flexi Cap Fund.?
As of 05 Oct 2026, the NAV of UTI - Flexi Cap Fund. is ₹334.98 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has UTI - Flexi Cap Fund. delivered?
UTI - Flexi Cap Fund. has returned -3.48% over 1 year, +7.25% per year over 3 years, +3.75% per year over 5 years and +12.87% 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 - Flexi Cap Fund.?
UTI - Flexi Cap Fund. charges an expense ratio of 1.16% 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 - Flexi Cap Fund.?
UTI - Flexi Cap Fund.'s largest holdings are ETERNAL LIMITED (6.4%), ICICI BANK LTD (6.0%), BAJAJ FINANCE LTD. (5.7%), HDFC BANK LIMITED (4.3%) and TITAN COMPANY LTD. (4.1%). Holdings are disclosed monthly and change over time.
How risky is UTI - Flexi Cap Fund.?
UTI - Flexi Cap Fund. is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.0% and its worst peak-to-trough fall in our sample was -33.9%. 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 - Flexi Cap Fund.'s 0.06 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of UTI - Flexi Cap Fund.?
UTI - Flexi Cap Fund. is benchmarked against the Nifty 500 TRI. Its alpha and beta on this page are measured against that index.
Who manages UTI - Flexi Cap Fund.?
UTI - Flexi Cap Fund. is managed by Ajay Tyagi, Kamal Gada and Akash Dilip Shah at UTI.
How is UTI - Flexi Cap Fund. taxed?
UTI - Flexi 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.