Bajaj Finserv Gilt Fund vs UTI Long Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bajaj Finserv Gilt Fund is a Gilt fund and UTI Long Term Fund is a Long Duration fund. In the year to 30-10-2026, Bajaj Finserv Gilt Fund (Direct) returned 4.2% and UTI Long Term Fund (Direct) returned 0.1%. Bajaj Finserv Gilt Fund charges 0.47% a year and UTI Long Term Fund 0.09% (Direct plans). Their portfolios overlap 18.6%: they hold 1 of the same security.
Bajaj Finserv Gilt Fund
Gilt
- 1 year return
- 4.2%
- Expense ratio
- 0.47%
- NAV
- ₹1,077.26
Which is better, Bajaj Finserv Gilt or UTI Long Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bajaj Finserv Gilt returned more over 1 year: 4.2% against 0.1%.
- UTI Long Term costs less: 0.09% a year against 0.47% (Direct plans).
- Bajaj Finserv Gilt fell less in its worst fall since 16-01-2025: −3.9% against −5.7%.
- UTI Long Term is the larger fund: ₹60 Cr against ₹26 Cr.
- Their portfolios overlap 18.6%: 1 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bajaj Finserv Gilt Fund | UTI Long Term Fund |
|---|---|---|
| Fund house | Bajaj Finserv Mutual Fund | UTI Mutual Fund |
| Category | Gilt | Long Duration |
| AUM | ₹26 Cr (30-09-2026) | ₹60 Cr (30-09-2026) |
| NAV | ₹1,077.26 (Direct) | ₹12.06 (Direct) |
| Expense ratio (Direct) | 0.47% | 0.09% |
| Expense ratio (Regular) | 1.36% | 1.27% |
| Riskometer | Moderately High | Moderate |
| Benchmark | CRISIL Dynamic Gilt Index | NIFTY Long Duration Debt Index A-III |
| Launch date | 15-01-2025 | 17-03-2023 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Nimesh Chandan, Siddharth Chaudhary, Sourish Chatterjee | Pankaj Pathak FM1 |
| Exit load | Nil | NIL |
Bajaj Finserv Gilt vs UTI Long Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Bajaj Finserv Gilt Fund (Direct) | +0.18% | +0.40% | +3.04% | +4.22% | -- | -- | -- |
| UTI Long Term Fund (Direct) | −1.29% | −2.41% | +0.12% | +0.12% | +5.20% | -- | -- |
| Gilt average | −0.69% | −1.34% | +1.62% | +2.12% | -- | -- | -- |
| Long Duration average | −1.14% | −2.16% | +0.90% | +0.63% | +5.83% | -- | -- |
Category average: the average of the 28 Gilt funds and the 11 Long Duration funds, same plan type.
Bajaj Finserv Gilt vs UTI Long Term: Year-wise Returns
| Year | Bajaj Finserv GiltBajaj Finserv Gilt | UTI Long TermUTI Long Term |
|---|---|---|
| 2026to date | +3.87% | −0.57% |
| 2025 | -- | +2.77% |
| 2024 | -- | +11.25% |
Bajaj Finserv Gilt vs UTI Long Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 189 of them, one for each trading day from 16-01-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Bajaj Finserv Gilt Fund (Direct)
UTI Long Term Fund (Direct)
to
Feb 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bajaj Finserv Gilt | 18.0 | 74.6 | 7.4 | 0.0 | 0.0 | 0.0 | 0.0 | 2.5% | 3.0% | −1.6% | 5.8% |
| UTI Long Term | 34.4 | 65.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.6% | 1.4% | −4.2% | 4.7% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 16-01-2025. Past returns do not promise future returns.
Bajaj Finserv Gilt vs UTI Long Term: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 16-01-2025 to 30-10-2026: 22 instalments, ₹2,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bajaj Finserv GiltBajaj Finserv Gilt Fund (Direct) | ₹2,20,000 | ₹2,27,672 | ₹7,672 | 3.7% |
| UTI Long TermUTI Long Term Fund (Direct) | ₹2,20,000 | ₹2,19,343 | −₹657 | −0.3% |
Bajaj Finserv GiltBajaj Finserv Gilt Fund (Direct)
UTI Long TermUTI Long Term Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Bajaj Finserv Gilt vs UTI Long Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bajaj Finserv Gilt Fund (Direct) | UTI Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.22% | +0.12% |
| Standard deviation | 2.97% | 4.10% |
| Sharpe ratio | -0.35 | -1.25 |
| Sortino ratio | -0.52 | -1.63 |
| Maximum drawdown | −1.6% (02-04-2026) | −4.1% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Bajaj Finserv Gilt Fund (Direct) | UTI Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.22% | +5.28% |
| Standard deviation | 3.19% | 3.82% |
| Sharpe ratio | -0.40 | -0.23 |
| Sortino ratio | -0.57 | -0.31 |
| Maximum drawdown | −3.9% (26-08-2025) | −5.7% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 16-01-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Bajaj Finserv Gilt Fund (Direct)
UTI Long Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bajaj Finserv Gilt Fund (Direct) | −3.9% | 28-05-2025 | 26-08-2025 | 18-06-2026 | 10 months | −0.6% |
| UTI Long Term Fund (Direct) | −5.7% | 16-05-2025 | 02-04-2026 | 12-08-2026 | 4 months | −3.7% |
From daily values since 16-01-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bajaj Finserv Gilt Fund (Direct)
UTI Long Term Fund (Direct)
Bajaj Finserv Gilt vs UTI Long Term: Portfolio Overlap
From each fund's latest monthly portfolio: Bajaj Finserv Gilt Fund, September 2026; UTI Long Term Fund, September 2026
Holdings in common
- Overlap
- 18.6%
- Held by both
- 1
- Only in Bajaj Finserv Gilt
- 5
- Only in UTI Long Term
- 4
| Security | % of Bajaj Finserv Gilt | % of UTI Long Term |
|---|---|---|
| 7.24% Government of India (18/08/2055) | 18.58% | 31.79% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 18.6% means 18.6% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Bajaj Finserv Gilt Fund
| Security | % of fund |
|---|---|
| 91 Days Tbill (MD 22/10/2026) | 19.52% |
| 91 Days Tbill (MD 27/11/2026) | 19.42% |
| 182 Days Tbill (MD 31/12/2026) | 19.32% |
| 91 Days Tbill (MD 01/10/2026) | 9.79% |
| 6.33% Government of India (05/05/2035) | 0.33% |
Largest holdings only in UTI Long Term Fund
| Security | % of fund |
|---|---|
| 6.90% GSEC MAT - 15/04/2065 | 45.07% |
| 7.09% GS MAT - 05/08/2054 | 15.65% |
| 7.23% GSEC MAT- 15/04/2039 | 1.67% |
| CORPORATE DEBT MARKET DEVT FUND - A2 UNITS | 0.70% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bajaj Finserv Gilt | UTI Long Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 87.0% | 94.2% |
| Cash and others | 13.0% | 5.8% |
Bajaj Finserv Gilt vs UTI Long Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bajaj Finserv Gilt Fund | UTI Long Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.47% | 0.09% |
| Base expense ratio (Direct) | 0.33% | 0.07% |
| Total expense ratio (Regular) | 1.36% | 1.27% |
| Base expense ratio (Regular) | 1.09% | 1.10% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Bajaj Finserv Gilt with
Bajaj Finserv Gilt Fund vs UTI Long Term Fund: Frequently Asked Questions
What is the difference between Bajaj Finserv Gilt Fund and UTI Long Term Fund?
Bajaj Finserv Gilt Fund is a Gilt fund, UTI Long Term Fund is a Long Duration fund, run by Bajaj Finserv Mutual Fund and UTI Mutual Fund. Their portfolios overlap 18.6%. Bajaj Finserv Gilt Fund charges 0.47% a year and UTI Long Term Fund 0.09%.
Which has given higher returns, Bajaj Finserv Gilt Fund or UTI Long Term Fund?
Over 1 year: Bajaj Finserv Gilt Fund +4.22%, UTI Long Term Fund +0.12%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bajaj Finserv Gilt Fund or UTI Long Term Fund?
UTI Long Term Fund charges less: 0.09% a year against 0.47%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bajaj Finserv Gilt Fund and UTI Long Term Fund overlap?
18.6%. They hold 1 of the same securities, the largest shared ones being 7.24% Government of India (18/08/2055). From each fund's latest monthly portfolio.
Which is riskier, Bajaj Finserv Gilt Fund or UTI Long Term Fund?
On SEBI's riskometer, Bajaj Finserv Gilt Fund is rated Moderately High and UTI Long Term Fund Moderate. Over 1 years, the standard deviation of daily returns was 2.97% and 4.10% a year.
Can I invest in both Bajaj Finserv Gilt Fund and UTI Long Term Fund?
Yes. 18.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Bajaj Finserv Gilt Fund and UTI Long Term Fund?
Bajaj Finserv Gilt Fund: Nimesh Chandan, Siddharth Chaudhary, Sourish Chatterjee. UTI Long Term Fund: Pankaj Pathak FM1.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.