UTI - Dividend Yield Fund vs UTI ELSS Tax Saver Fund
Direct Plan, Growth option · Data as on 30-10-2026
UTI - Dividend Yield Fund is a Dividend Yield fund and UTI ELSS Tax Saver Fund is an ELSS fund. In the 3 years to 30-10-2026, UTI - Dividend Yield Fund (Direct) returned 12.8% a year and UTI ELSS Tax Saver Fund (Direct) returned 7.9% a year. UTI - Dividend Yield Fund charges 1.54% a year and UTI ELSS Tax Saver Fund 1.19% (Direct plans). Their portfolios overlap 55.7%: they hold 30 of the same securities.
UTI - Dividend Yield Fund
Dividend Yield
- 3 year return
- 12.8%
- Expense ratio
- 1.54%
- NAV
- ₹182.77
Which is better, UTI - Dividend Yield or UTI ELSS Tax Saver? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI - Dividend Yield returned more over 5 years: 10.1% a year against 6.3%.
- UTI - Dividend Yield returned more over 3 years: 12.8% a year against 7.9%.
- UTI ELSS Tax Saver costs less: 1.19% a year against 1.54% (Direct plans).
- UTI - Dividend Yield swung less over 3 years: a standard deviation of 12.5% a year against 12.9%.
- UTI - Dividend Yield fell less in its worst fall since 02-01-2013: −32.7% against −35.1%.
- UTI - Dividend Yield is the larger fund: ₹3,582 Cr against ₹3,253 Cr.
- Their portfolios overlap 55.7%: 30 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 | UTI - Dividend Yield Fund | UTI ELSS Tax Saver Fund |
|---|---|---|
| Fund house | UTI Mutual Fund | UTI Mutual Fund |
| Category | Dividend Yield | ELSS |
| AUM | ₹3,582 Cr (30-09-2026) | ₹3,253 Cr (30-09-2026) |
| NAV | ₹182.77 (Direct) | ₹214.73 (Direct) |
| Expense ratio (Direct) | 1.54% | 1.19% |
| Expense ratio (Regular) | 1.99% | 1.96% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| Launch date | 01-06-2005 | 15-12-1999 |
| Minimum investment | Regular Plan-Growth- Rs.5000, Regular Plan-Reinvestment of IDCW- Rs.5000, Regular Plan-Payout of IDCW- Rs.5000, Direct Plan-Growth- Rs.5000, Direct Plan-Reinvestment of IDCW- Rs.5000, Direct Plan-Payout of IDCW- Rs.5000, | Regular Plan-Growth- Rs.500, Regular Plan-Payout of IDCW- Rs.500, Direct Plan-Growth- Rs.500, Direct Plan-Payout of IDCW- Rs.500, |
| Lock in | None | 3 years |
| Fund managers | Amit Premchandani FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4, Not Applicable FM 5 | Amit Premchandani FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | 1% if redeemed before 1 year from the date of allotment. Nil if redeemed on or after 1 year from the date of allotment | Nil |
UTI - Dividend Yield vs UTI ELSS Tax Saver: 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 |
|---|---|---|---|---|---|---|---|
| UTI - Dividend Yield Fund (Direct) | +0.07% | −5.33% | −3.41% | −6.51% | +12.82% | +10.06% | +13.18% |
| UTI ELSS Tax Saver Fund (Direct) | −0.44% | −6.30% | −2.70% | −9.13% | +7.90% | +6.27% | +11.37% |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | −5.57% | +12.14% | +12.06% | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | +13.05% |
Category average: the average of the 12 Dividend Yield funds and the 50 ELSS funds, same plan type.
UTI - Dividend Yield vs UTI ELSS Tax Saver: Year-wise Returns
| Year | - Dividend YieldUTI - Dividend Yield | ELSS Tax SaverUTI ELSS Tax Saver | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | −7.46% | −9.30% | −7.51% |
| 2025 | +5.95% | +5.57% | +7.76% |
| 2024 | +25.42% | +15.08% | +16.24% |
| 2023 | +36.27% | +25.54% | +26.91% |
| 2022 | −4.74% | −2.51% | +4.25% |
| 2021 | +39.66% | +34.37% | +31.60% |
UTI - Dividend Yield vs UTI ELSS Tax Saver: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,666 of them, one for each trading day from 04-01-2016 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.
UTI - Dividend Yield Fund (Direct)
UTI ELSS Tax Saver Fund (Direct)
Nifty 500 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UTI - Dividend Yield | 1.7 | 3.8 | 16.4 | 24.8 | 29.2 | 22.6 | 1.6 | 14.9% | 15.5% | −5.0% | 31.4% | 47% |
| UTI ELSS Tax Saver | 1.7 | 4.2 | 12.6 | 38.5 | 28.8 | 12.5 | 1.5 | 14.2% | 14.1% | −5.1% | 30.3% | 42% |
| Nifty 500 TRI | 1.9 | 4.3 | 7.8 | 37.0 | 34.8 | 11.3 | 2.9 | 14.7% | 14.9% | −6.3% | 33.5% | -- |
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. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 02-01-2013. Past returns do not promise future returns.
UTI - Dividend Yield vs UTI ELSS Tax Saver: 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 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| UTI - Dividend YieldUTI - Dividend Yield Fund (Direct) | ₹16,60,000 | ₹44,34,588 | ₹27,74,588 | 13.2% |
| UTI ELSS Tax SaverUTI ELSS Tax Saver Fund (Direct) | ₹16,60,000 | ₹39,08,378 | ₹22,48,378 | 11.6% |
UTI - Dividend YieldUTI - Dividend Yield Fund (Direct)
UTI ELSS Tax SaverUTI ELSS Tax Saver 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.
UTI - Dividend Yield vs UTI ELSS Tax Saver: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | UTI - Dividend Yield Fund (Direct) | UTI ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.51% | −9.13% |
| Standard deviation | 11.35% | 13.48% |
| Sharpe ratio | -1.04 | -1.07 |
| Sortino ratio | -1.35 | -1.42 |
| Maximum drawdown | −12.0% (31-03-2026) | −15.2% (31-03-2026) |
| Beta | 0.76 | 0.92 |
| Alpha | −2.21% | −2.82% |
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 | UTI - Dividend Yield Fund (Direct) | UTI ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.82% | +7.90% |
| Standard deviation | 12.51% | 12.92% |
| Sharpe ratio | 0.54 | 0.15 |
| Sortino ratio | 0.75 | 0.20 |
| Maximum drawdown | −18.2% (28-02-2025) | −18.6% (28-02-2025) |
| Beta | 0.85 | 0.88 |
| Alpha | +3.24% | −1.80% |
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 | UTI - Dividend Yield Fund (Direct) | UTI ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.06% | +6.27% |
| Standard deviation | 12.92% | 13.31% |
| Sharpe ratio | 0.33 | 0.04 |
| Sortino ratio | 0.45 | 0.05 |
| Maximum drawdown | −18.6% (20-06-2022) | −21.3% (17-06-2022) |
| Beta | 0.85 | 0.90 |
| Alpha | +1.69% | −2.24% |
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 | UTI - Dividend Yield Fund (Direct) | UTI ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.69% | +12.44% |
| Standard deviation | 14.29% | 14.96% |
| Sharpe ratio | 0.46 | 0.43 |
| Sortino ratio | 0.63 | 0.57 |
| Maximum drawdown | −32.7% (23-03-2020) | −35.1% (23-03-2020) |
| Beta | 0.85 | 0.92 |
| Alpha | +0.89% | +0.16% |
From daily NAVs, 02-01-2013 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.
UTI - Dividend Yield Fund (Direct)
UTI ELSS Tax Saver Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| UTI - Dividend Yield Fund (Direct) | −32.7% | 31-08-2018 | 23-03-2020 | 19-08-2020 | 5 months | −10.3% |
| UTI ELSS Tax Saver Fund (Direct) | −35.1% | 12-02-2020 | 23-03-2020 | 05-11-2020 | 7 months | −12.9% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 02-01-2013, 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.
UTI - Dividend Yield Fund (Direct)
UTI ELSS Tax Saver Fund (Direct)
Nifty 500 TRI
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.
UTI - Dividend Yield Fund (Direct)
UTI ELSS Tax Saver Fund (Direct)
Nifty 500 TRI
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.
UTI - Dividend Yield Fund (Direct)
UTI ELSS Tax Saver Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| UTI - Dividend Yield Fund (Direct) | 91% | 86% | 5.25% |
| UTI ELSS Tax Saver Fund (Direct) | 95% | 94% | 3.43% |
From month-end values since 02-01-2013. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
UTI - Dividend Yield vs UTI ELSS Tax Saver: Portfolio Overlap
From each fund's latest monthly portfolio: UTI - Dividend Yield Fund, September 2026; UTI ELSS Tax Saver Fund, September 2026
Holdings in common
- Overlap
- 55.7%
- Held by both
- 30
- Only in UTI - Dividend Yield
- 33
- Only in UTI ELSS Tax Saver
- 30
| Security | % of UTI - Dividend Yield | % of UTI ELSS Tax Saver |
|---|---|---|
| EQ - HDFC BANK LIMITED | 8.11% | 8.11% |
| EQ - ICICI BANK LTD | 5.72% | 7.11% |
| EQ - KOTAK MAHINDRA BANK LTD. | 3.03% | 4.49% |
| EQ - BHARTI AIRTEL LTD. | 2.94% | 4.32% |
| EQ - MAHINDRA & MAHINDRA LTD. | 2.84% | 2.49% |
| EQ - AXIS BANK LTD. | 2.48% | 3.70% |
| EQ - STATE BANK OF INDIA | 3.28% | 2.36% |
| EQ - INFOSYS LTD. | 2.36% | 2.44% |
| EQ - TECH MAHINDRA LTD. | 3.08% | 2.08% |
| EQ - MARUTI SUZUKI INDIA LTD. | 2.07% | 1.84% |
| EQ - AJANTA PHARMA LTD. | 1.81% | 2.07% |
| EQ - TATA STEEL LTD. | 1.65% | 2.21% |
| EQ - ASTER DM QUALITY CARE LIMITED | 1.51% | 1.66% |
| EQ - MPHASIS LTD | 1.56% | 1.49% |
| EQ - EICHER MOTORS LTD | 1.50% | 1.38% |
| EQ - CROMPTON GREAVES CONSUMER ELEC | 1.34% | 1.41% |
| EQ - MAHANAGAR GAS LTD. | 1.29% | 1.33% |
| EQ - BHARAT ELECTRONICS LTD. | 1.57% | 1.25% |
| EQ - COAL INDIA LTD. | 2.02% | 1.18% |
| EQ - NTPC LTD. | 1.96% | 1.17% |
| EQ - POWER GRID CORPORATION OF INDI | 2.33% | 1.08% |
| EQ - HINDUSTAN AERONAUTICS LTD | 1.11% | 1.00% |
| EQ - ICICI LOMBARD GENERAL INSURANC | 0.99% | 1.12% |
| EQ - CERA SANITARYWARE LTD. | 1.11% | 0.95% |
| EQ - METROPOLIS HEALTHCARE LTD | 1.33% | 0.94% |
| EQ - KAJARIA CERAMICS LTD. | 0.79% | 0.87% |
| EQ - EMAMI LTD. | 0.84% | 0.72% |
| EQ - LTM Limited | 0.72% | 0.76% |
| EQ - INDIAMART INTERMESH LTD | 0.53% | 0.52% |
| EQ - DR REDDYS LABORATORIES LTD. | 0.46% | 0.60% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 55.7% means 55.7% 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 UTI - Dividend Yield Fund
| Security | % of fund |
|---|---|
| REIT- KNOWLEDGE REALTY TRUST REIT | 2.03% |
| EQ - TORRENT PHARMACEUTICALS LTD. | 2.01% |
| EQ - ITC LTD. | 1.83% |
| EQ - CIPLA LTD. | 1.73% |
| EQ - TATA CONSULTANCY SERVICES LTD. | 1.72% |
Largest holdings only in UTI ELSS Tax Saver Fund
| Security | % of fund |
|---|---|
| EQ - BAJAJ FINANCE LTD. | 2.95% |
| EQ - RELIANCE INDUSTRIES LTD. | 2.74% |
| EQ - PHOENIX MILLS LTD | 1.99% |
| EQ - INFO-EDGE (INDIA) LTD. | 1.78% |
| EQ - VARUN BEVERAGES LTD | 1.59% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | UTI - Dividend Yield | UTI ELSS Tax Saver |
|---|---|---|
| Equity | 91.6% | 99.0% |
| Debt | 0.6% | 0.0% |
| Cash and others | 7.8% | 1.0% |
Market cap of stocks
| Market cap | UTI - Dividend Yield | UTI ELSS Tax Saver |
|---|---|---|
| Large Cap | 62.1% | 67.9% |
| Mid Cap | 11.9% | 19.0% |
| Small Cap | 15.8% | 12.1% |
| Not on AMFI's list | 1.7% | 0.0% |
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 | UTI - Dividend Yield | UTI ELSS Tax Saver |
|---|---|---|
| Banks | 22.6% | 26.4% |
| IT - Software | 10.2% | 7.3% |
| Automobiles | 8.0% | 5.7% |
| Pharmaceuticals & Biotechnology | 7.5% | 4.3% |
| Retailing | 1.6% | 6.5% |
| Consumer Durables | 4.5% | 4.2% |
| Telecom - Services | 2.9% | 4.3% |
| Finance | 1.4% | 4.3% |
| Power | 4.3% | 2.3% |
The six largest sectors of each fund's stocks, % of the fund.
UTI - Dividend Yield vs UTI ELSS Tax Saver: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | UTI - Dividend Yield Fund | UTI ELSS Tax Saver Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.54% | 1.19% |
| Base expense ratio (Direct) | 1.23% | 0.95% |
| Total expense ratio (Regular) | 1.99% | 1.96% |
| Base expense ratio (Regular) | 1.64% | 1.66% |
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 UTI - Dividend Yield with
UTI - Dividend Yield Fund vs UTI ELSS Tax Saver Fund: Frequently Asked Questions
What is the difference between UTI - Dividend Yield Fund and UTI ELSS Tax Saver Fund?
UTI - Dividend Yield Fund is a Dividend Yield fund, UTI ELSS Tax Saver Fund is an ELSS fund, run by UTI Mutual Fund. Their portfolios overlap 55.7%. UTI - Dividend Yield Fund charges 1.54% a year and UTI ELSS Tax Saver Fund 1.19%.
Which has given higher returns, UTI - Dividend Yield Fund or UTI ELSS Tax Saver Fund?
Over 1 year: UTI - Dividend Yield Fund −6.51%, UTI ELSS Tax Saver Fund −9.13%. Over 3 years: UTI - Dividend Yield Fund +12.82% a year, UTI ELSS Tax Saver Fund +7.90% a year. Over 5 years: UTI - Dividend Yield Fund +10.06% a year, UTI ELSS Tax Saver Fund +6.27% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, UTI - Dividend Yield Fund or UTI ELSS Tax Saver Fund?
UTI ELSS Tax Saver Fund charges less: 1.19% a year against 1.54%. These are the Direct plans' total expense ratios reported to AMFI.
How much do UTI - Dividend Yield Fund and UTI ELSS Tax Saver Fund overlap?
55.7%. They hold 30 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Which is riskier, UTI - Dividend Yield Fund or UTI ELSS Tax Saver Fund?
On SEBI's riskometer, UTI - Dividend Yield Fund is rated Very High and UTI ELSS Tax Saver Fund Very High. Over 3 years, the standard deviation of daily returns was 12.51% and 12.92% a year.
Which is better for SIP, UTI - Dividend Yield Fund or UTI ELSS Tax Saver Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,75,540 in UTI - Dividend Yield Fund (XIRR 9.4% a year) and ₹6,99,861 in UTI ELSS Tax Saver Fund (XIRR 5.4% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both UTI - Dividend Yield Fund and UTI ELSS Tax Saver Fund?
Yes. 55.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages UTI - Dividend Yield Fund and UTI ELSS Tax Saver Fund?
UTI - Dividend Yield Fund: Amit Premchandani FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4, Not Applicable FM 5. UTI ELSS Tax Saver Fund: Amit Premchandani FM 1, Not Applicable 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.