Kotak Equity Savings Fund vs UTI - Equity Savings Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Equity Savings Fund and UTI - Equity Savings Fund are both Equity Savings funds. In the 3 years to 30-10-2026, Kotak Equity Savings Fund (Direct) returned 9.4% a year and UTI - Equity Savings Fund (Direct) returned 8.1% a year. Kotak Equity Savings Fund charges 1.09% a year and UTI - Equity Savings Fund 1.04% (Direct plans). Their portfolios overlap 32.3%: they hold 32 of the same securities.
Kotak Equity Savings Fund
Equity Savings
- 3 year return
- 9.4%
- Expense ratio
- 1.09%
- NAV
- ₹29.94
UTI - Equity Savings Fund
Equity Savings
- 3 year return
- 8.1%
- Expense ratio
- 1.04%
- NAV
- ₹20.08
Which is better, Kotak Equity Savings or UTI - Equity Savings? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Equity Savings returned more over 5 years: 9.1% a year against 8.3%.
- Kotak Equity Savings returned more over 3 years: 9.4% a year against 8.1%.
- UTI - Equity Savings costs less: 1.04% a year against 1.09% (Direct plans).
- UTI - Equity Savings swung less over 3 years: a standard deviation of 4.4% a year against 5.7%.
- UTI - Equity Savings fell less in its worst fall since 31-08-2018: −13.8% against −16.5%.
- UTI - Equity Savings holds more in large companies: 62.0% of the fund in large caps against 42.8%.
- Kotak Equity Savings is the larger fund: ₹10,443 Cr against ₹804 Cr.
- Their portfolios overlap 32.3%: 32 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 | Kotak Equity Savings Fund | UTI - Equity Savings Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | UTI Mutual Fund |
| Category | Equity Savings | Equity Savings |
| AUM | ₹10,443 Cr (30-09-2026) | ₹804 Cr (30-09-2026) |
| NAV | ₹29.94 (Direct) | ₹20.08 (Direct) |
| Expense ratio (Direct) | 1.09% | 1.04% |
| Expense ratio (Regular) | 2.13% | 2.06% |
| Riskometer | Moderately High | Moderately High |
| Benchmark | NIFTY Equity Savings Index (TRI) | CRISIL Equity Savings Index |
| Launch date | 13-10-2014 | 30-08-2018 |
| Minimum investment | ₹100 | Regular Plan-Quarterly Reinvestment of IDCW- Rs.5000, Regular Plan-Quarterly Payout of IDCW- Rs.5000, Direct Plan-Quarterly Reinvestment of IDCW- Rs.5000, Direct Plan-Quarterly Payout of IDCW- Rs.5000, Regular Plan-Monthly Reinvestment of IDCW- Rs.5000, R |
| Lock in | None | None |
| Fund managers | Devender Singhal, Abhishek Bisen, Hiten Shah | Anurag Mittal FM 1, V Srivatsa FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | Exit load for units in excess of 8% of the investment,1% will be charged for redemption within 90 days. | Exit load of 1%, if redeemed within 30 days. |
Kotak Equity Savings vs UTI - Equity Savings: 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 |
|---|---|---|---|---|---|---|---|
| Kotak Equity Savings Fund (Direct) | −1.35% | −2.08% | −0.15% | +0.58% | +9.45% | +9.14% | +9.65% |
| UTI - Equity Savings Fund (Direct) | +0.33% | −1.35% | +0.15% | +0.72% | +8.11% | +8.28% | -- |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | +7.55% | -- |
Category average: the average of the 23 Equity Savings funds, same plan type.
Kotak Equity Savings vs UTI - Equity Savings: Year-wise Returns
| Year | KotakKotak Equity Savings | UTI -UTI - Equity Savings |
|---|---|---|
| 2026to date | −0.57% | −1.18% |
| 2025 | +9.12% | +9.55% |
| 2024 | +12.97% | +10.14% |
| 2023 | +16.89% | +16.68% |
| 2022 | +7.90% | +7.21% |
| 2021 | +12.17% | +14.98% |
Kotak Equity Savings vs UTI - Equity Savings: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,272 of them, one for each trading day from 31-08-2021 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.
Kotak Equity Savings Fund (Direct)
UTI - Equity Savings Fund (Direct)
to
Jan 2022Dec 2019
to
Dec 2022Nov 2020
to
Nov 2023Sept 2021
to
Sept 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Equity Savings | 0.0 | 0.0 | 6.4 | 93.2 | 0.4 | 0.0 | 0.0 | 11.9% | 12.0% | 8.9% | 16.7% |
| UTI - Equity Savings | 0.0 | 0.0 | 15.5 | 82.9 | 1.7 | 0.0 | 0.0 | 11.5% | 11.4% | 7.5% | 16.2% |
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 31-08-2018. Past returns do not promise future returns.
Kotak Equity Savings vs UTI - Equity Savings: 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 01-08-2018 to 30-10-2026: 99 instalments, ₹9,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Equity SavingsKotak Equity Savings Fund (Direct) | ₹9,90,000 | ₹14,87,956 | ₹4,97,956 | 9.7% |
| UTI - Equity SavingsUTI - Equity Savings Fund (Direct) | ₹9,90,000 | ₹14,51,351 | ₹4,61,351 | 9.1% |
Kotak Equity SavingsKotak Equity Savings Fund (Direct)
UTI - Equity SavingsUTI - Equity Savings 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.
Kotak Equity Savings vs UTI - Equity Savings: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Equity Savings Fund (Direct) | UTI - Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.58% | +0.72% |
| Standard deviation | 5.72% | 5.20% |
| Sharpe ratio | -0.81 | -0.87 |
| Sortino ratio | -1.05 | -1.16 |
| Maximum drawdown | −5.2% (30-03-2026) | −4.9% (30-03-2026) |
| 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 | Kotak Equity Savings Fund (Direct) | UTI - Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.45% | +8.11% |
| Standard deviation | 5.66% | 4.43% |
| Sharpe ratio | 0.60 | 0.47 |
| Sortino ratio | 0.82 | 0.67 |
| Maximum drawdown | −6.0% (28-02-2025) | −4.9% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 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 | Kotak Equity Savings Fund (Direct) | UTI - Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.14% | +8.28% |
| Standard deviation | 5.15% | 4.78% |
| Sharpe ratio | 0.65 | 0.52 |
| Sortino ratio | 0.88 | 0.73 |
| Maximum drawdown | −6.0% (28-02-2025) | −5.1% (20-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 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 | Kotak Equity Savings Fund (Direct) | UTI - Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.53% | +8.90% |
| Standard deviation | 5.60% | 5.72% |
| Sharpe ratio | 0.68 | 0.64 |
| Sortino ratio | 0.92 | 0.87 |
| Maximum drawdown | −16.5% (23-03-2020) | −13.8% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 17-10-2014 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.
Kotak Equity Savings Fund (Direct)
UTI - Equity Savings Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Equity Savings Fund (Direct) | −16.5% | 19-02-2020 | 23-03-2020 | 21-07-2020 | 4 months | −3.0% |
| UTI - Equity Savings Fund (Direct) | −13.8% | 24-01-2020 | 23-03-2020 | 10-08-2020 | 5 months | −2.4% |
From daily values since 31-08-2018, 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.
Kotak Equity Savings Fund (Direct)
UTI - Equity Savings Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Equity Savings Fund (Direct)
UTI - Equity Savings Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Equity Savings Fund (Direct)
UTI - Equity Savings Fund (Direct)
Kotak Equity Savings vs UTI - Equity Savings: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Equity Savings Fund, September 2026; UTI - Equity Savings Fund, September 2026
Holdings in common
- Overlap
- 32.3%
- Held by both
- 32
- Only in Kotak Equity Savings
- 128
- Only in UTI - Equity Savings
- 21
| Security | % of Kotak Equity Savings | % of UTI - Equity Savings |
|---|---|---|
| HDFC BANK LTD. | 4.38% | 4.65% |
| BHARTI AIRTEL LTD. | 4.93% | 3.33% |
| STATE BANK OF INDIA. | 2.77% | 3.27% |
| ICICI BANK LTD. | 2.19% | 3.17% |
| Maruti Suzuki India Limited | 2.94% | 2.17% |
| RELIANCE INDUSTRIES LTD. | 2.02% | 2.83% |
| ITC Ltd. | 1.87% | 1.38% |
| INDUS INFRA TRUST | 1.33% | 1.75% |
| Indus Towers Ltd. | 3.38% | 1.27% |
| AXIS BANK LTD. | 1.26% | 5.13% |
| Larsen and Toubro Ltd. | 1.12% | 2.35% |
| INDUSIND BANK LTD. | 1.42% | 0.99% |
| Hindustan Aeronautics Ltd. | 0.91% | 1.05% |
| Adani Ports and Special Economic Zone Limited | 2.47% | 0.87% |
| Hero MotoCorp Ltd. | 2.23% | 0.82% |
| KNOWLEDGE REALTY TRUST | 0.81% | 0.99% |
| EMBASSY OFFICE PARKS REIT | 0.75% | 0.96% |
| NTPC LTD | 2.24% | 0.68% |
| BAJAJ FINANCE LTD. | 0.63% | 2.28% |
| BROOKFIELD REIT | 0.59% | 0.70% |
| Mahindra & Mahindra Ltd. | 0.52% | 3.81% |
| JSW Steel Ltd. | 0.47% | 1.54% |
| Hindalco Industries Ltd. | 0.22% | 0.39% |
| SBI Life Insurance Company Ltd | 0.20% | 1.10% |
| Aurobindo Pharma Ltd. | 0.17% | 1.07% |
| Cipla Ltd. | 0.15% | 0.68% |
| Bajaj Finserv Ltd. | 0.15% | 0.65% |
| Bajaj Auto Ltd. | 0.05% | 0.75% |
| TATA CONSULTANCY SERVICES LTD. | 0.04% | 1.02% |
| Tata Power Company Ltd. | 0.02% | 0.81% |
| SHRIRAM FINANCE LIMITED | 0.02% | 1.03% |
| Power Grid Corporation of India Ltd. | 0.01% | 0.83% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 32.3% means 32.3% 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 Kotak Equity Savings Fund
| Security | % of fund |
|---|---|
| Kotak Liquid Direct Growth | 7.59% |
| One 97 Communications Ltd | 3.60% |
| Radico Khaitan Ltd. | 2.37% |
| CUBE HIGHWAYS TRUST | 1.79% |
| POONAWALLA FINCORP LIMITED | 1.39% |
Largest holdings only in UTI - Equity Savings Fund
| Security | % of fund |
|---|---|
| 07.32% GSEC MAT -13/11/2030 | 8.21% |
| 7.04% GSEC MAT- 03/06/2029 | 5.85% |
| EQ - KOTAK MAHINDRA BANK LTD. | 3.65% |
| EQ - GRASIM INDUSTRIES LTD. | 3.43% |
| INVIT - IRB INVIT FUND | 2.73% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Equity Savings | UTI - Equity Savings |
|---|---|---|
| Equity | 64.3% | 66.0% |
| Debt | 16.4% | 16.6% |
| Cash and others | 19.3% | 17.4% |
Market cap of stocks
| Market cap | Kotak Equity Savings | UTI - Equity Savings |
|---|---|---|
| Large Cap | 42.8% | 62.0% |
| Mid Cap | 17.0% | 3.7% |
| Small Cap | 3.9% | 0.0% |
| Not on AMFI's list | 0.7% | 0.3% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Kotak Equity Savings | UTI - Equity Savings |
|---|---|---|
| Banks | 13.3% | 20.9% |
| Telecom - Services | 8.9% | 4.6% |
| Automobiles | 5.8% | 7.5% |
| Finance | 4.0% | 4.2% |
| Financial Technology (Fintech) | 3.6% | 0.0% |
| Power | 3.5% | 2.3% |
| Cement & Cement Products | 0.0% | 3.4% |
| IT - Software | 1.4% | 3.4% |
The six largest sectors of each fund's stocks, % of the fund.
Kotak Equity Savings vs UTI - Equity Savings: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Equity Savings Fund | UTI - Equity Savings Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.09% | 1.04% |
| Base expense ratio (Direct) | 0.57% | 0.62% |
| Total expense ratio (Regular) | 2.13% | 2.06% |
| Base expense ratio (Regular) | 1.45% | 1.52% |
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 Kotak Equity Savings with
Kotak Equity Savings Fund vs UTI - Equity Savings Fund: Frequently Asked Questions
What is the difference between Kotak Equity Savings Fund and UTI - Equity Savings Fund?
Both are Equity Savings funds, run by Kotak Mahindra Mutual Fund and UTI Mutual Fund. Their portfolios overlap 32.3%. Kotak Equity Savings Fund charges 1.09% a year and UTI - Equity Savings Fund 1.04%.
Which has given higher returns, Kotak Equity Savings Fund or UTI - Equity Savings Fund?
Over 1 year: Kotak Equity Savings Fund +0.58%, UTI - Equity Savings Fund +0.72%. Over 3 years: Kotak Equity Savings Fund +9.45% a year, UTI - Equity Savings Fund +8.11% a year. Over 5 years: Kotak Equity Savings Fund +9.14% a year, UTI - Equity Savings Fund +8.28% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Equity Savings Fund or UTI - Equity Savings Fund?
UTI - Equity Savings Fund charges less: 1.04% a year against 1.09%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Equity Savings Fund and UTI - Equity Savings Fund overlap?
32.3%. They hold 32 of the same securities, the largest shared ones being HDFCBANK, BHARTIARTL, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Kotak Equity Savings Fund or UTI - Equity Savings Fund?
On SEBI's riskometer, Kotak Equity Savings Fund is rated Moderately High and UTI - Equity Savings Fund Moderately High. Over 3 years, the standard deviation of daily returns was 5.66% and 4.43% a year.
Which is better for SIP, Kotak Equity Savings Fund or UTI - Equity Savings Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,54,250 in Kotak Equity Savings Fund (XIRR 8.3% a year) and ₹7,37,975 in UTI - Equity Savings Fund (XIRR 7.4% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Kotak Equity Savings Fund and UTI - Equity Savings Fund?
Yes. 32.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Kotak Equity Savings Fund and UTI - Equity Savings Fund?
Kotak Equity Savings Fund: Devender Singhal, Abhishek Bisen, Hiten Shah. UTI - Equity Savings Fund: Anurag Mittal FM 1, V Srivatsa FM 2, Not Applicable FM 3, Not Applicable FM 4.
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.