UTI - Equity Savings Fund vs UTI Large & Mid Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
UTI - Equity Savings Fund is an Equity Savings fund and UTI Large & Mid Cap Fund is a Large & Mid Cap fund. In the 3 years to 30-10-2026, UTI - Equity Savings Fund (Direct) returned 8.1% a year and UTI Large & Mid Cap Fund (Direct) returned 13.9% a year. UTI - Equity Savings Fund charges 1.04% a year and UTI Large & Mid Cap Fund 1.14% (Direct plans). Their portfolios overlap 38.5%: they hold 29 of the same securities.
UTI - Equity Savings Fund
Equity Savings
- 3 year return
- 8.1%
- Expense ratio
- 1.04%
- NAV
- ₹20.08
UTI Large & Mid Cap Fund
Large & Mid Cap
- 3 year return
- 13.9%
- Expense ratio
- 1.14%
- NAV
- ₹187.92
Which is better, UTI - Equity Savings or UTI Large & Mid Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Large & Mid Cap returned more over 5 years: 12.4% a year against 8.3%.
- UTI Large & Mid Cap returned more over 3 years: 13.9% a year against 8.1%.
- UTI - Equity Savings costs less: 1.04% a year against 1.14% (Direct plans).
- UTI - Equity Savings swung less over 3 years: a standard deviation of 4.4% a year against 13.6%.
- UTI - Equity Savings fell less in its worst fall since 31-08-2018: −13.8% against −39.7%.
- UTI - Equity Savings holds more in large companies: 62.0% of the fund in large caps against 46.9%.
- UTI Large & Mid Cap is the larger fund: ₹6,220 Cr against ₹804 Cr.
- Their portfolios overlap 38.5%: 29 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 - Equity Savings Fund | UTI Large & Mid Cap Fund |
|---|---|---|
| Fund house | UTI Mutual Fund | UTI Mutual Fund |
| Category | Equity Savings | Large & Mid Cap |
| AUM | ₹804 Cr (30-09-2026) | ₹6,220 Cr (30-09-2026) |
| NAV | ₹20.08 (Direct) | ₹187.92 (Direct) |
| Expense ratio (Direct) | 1.04% | 1.14% |
| Expense ratio (Regular) | 2.06% | 1.96% |
| Riskometer | Moderately High | Very High |
| Benchmark | CRISIL Equity Savings Index | Nifty LargeMidcap 250 TRI |
| Launch date | 30-08-2018 | 20-05-2009 |
| Minimum investment | 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 | 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, |
| Lock in | None | None |
| Fund managers | Anurag Mittal FM 1, V Srivatsa FM 2, Not Applicable FM 3, Not Applicable FM 4 | V Srivatsa FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | Exit load of 1%, if redeemed within 30 days. | 1% if redeemed before 1 year from the date of allotment. Nil if redeemed on or after 1 year from the date of allotment |
UTI - Equity Savings vs UTI Large & Mid Cap: 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 - Equity Savings Fund (Direct) | +0.33% | −1.35% | +0.15% | +0.72% | +8.11% | +8.28% | -- |
| UTI Large & Mid Cap Fund (Direct) | −1.68% | −6.23% | −3.58% | −4.85% | +13.94% | +12.41% | +13.40% |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | +7.55% | -- |
| Large & Mid Cap average | −1.78% | −5.20% | −0.43% | −3.99% | +13.28% | +11.36% | +13.62% |
Category average: the average of the 23 Equity Savings funds and the 36 Large & Mid Cap funds, same plan type.
UTI - Equity Savings vs UTI Large & Mid Cap: Year-wise Returns
| Year | - Equity SavingsUTI - Equity Savings | Large & Mid CapUTI Large & Mid Cap |
|---|---|---|
| 2026to date | −1.18% | −7.15% |
| 2025 | +9.55% | +8.40% |
| 2024 | +10.14% | +28.31% |
| 2023 | +16.68% | +35.35% |
| 2022 | +7.21% | +5.29% |
| 2021 | +14.98% | +41.52% |
UTI - Equity Savings vs UTI Large & Mid Cap: Rolling Returns
Every holding period of both funds, against NIFTY LargeMidcap 250 TRI, the benchmark of UTI Large & Mid Cap Fund
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.
UTI - Equity Savings Fund (Direct)
UTI Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 TRI
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 | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% | 0% |
| UTI Large & Mid Cap | 0.0 | 0.0 | 0.0 | 6.1 | 26.2 | 46.5 | 21.2 | 22.0% | 21.8% | 12.2% | 36.4% | 72% |
| NIFTY LargeMidcap 250 TRI | 0.0 | 0.0 | 0.0 | 7.3 | 39.9 | 40.2 | 12.7 | 20.6% | 20.3% | 10.1% | 36.1% | -- |
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 LargeMidcap 250 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 31-08-2018. Past returns do not promise future returns.
UTI - Equity Savings vs UTI Large & Mid Cap: 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 31-08-2018 to 30-10-2026: 99 instalments, ₹9,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| UTI - Equity SavingsUTI - Equity Savings Fund (Direct) | ₹9,90,000 | ₹14,51,351 | ₹4,61,351 | 9.1% |
| UTI Large & Mid CapUTI Large & Mid Cap Fund (Direct) | ₹9,90,000 | ₹19,27,790 | ₹9,37,790 | 15.7% |
UTI - Equity SavingsUTI - Equity Savings Fund (Direct)
UTI Large & Mid CapUTI Large & Mid Cap 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 - Equity Savings vs UTI Large & Mid Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | UTI - Equity Savings Fund (Direct) | UTI Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.72% | −4.85% |
| Standard deviation | 5.20% | 13.67% |
| Sharpe ratio | -0.87 | -0.74 |
| Sortino ratio | -1.16 | -0.99 |
| Maximum drawdown | −4.9% (30-03-2026) | −13.4% (31-03-2026) |
| Beta | -- | 0.90 |
| Alpha | -- | +0.46% |
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 - Equity Savings Fund (Direct) | UTI Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.11% | +13.94% |
| Standard deviation | 4.43% | 13.61% |
| Sharpe ratio | 0.47 | 0.58 |
| Sortino ratio | 0.67 | 0.79 |
| Maximum drawdown | −4.9% (30-03-2026) | −17.6% (28-02-2025) |
| Beta | -- | 0.89 |
| Alpha | -- | +3.00% |
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 - Equity Savings Fund (Direct) | UTI Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.28% | +12.41% |
| Standard deviation | 4.78% | 13.75% |
| Sharpe ratio | 0.52 | 0.48 |
| Sortino ratio | 0.73 | 0.65 |
| Maximum drawdown | −5.1% (20-06-2022) | −18.1% (20-06-2022) |
| Beta | -- | 0.90 |
| Alpha | -- | +2.27% |
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 - Equity Savings Fund (Direct) | UTI Large & Mid Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.90% | +13.76% |
| Standard deviation | 5.72% | 15.21% |
| Sharpe ratio | 0.64 | 0.51 |
| Sortino ratio | 0.87 | 0.68 |
| Maximum drawdown | −13.8% (23-03-2020) | −41.5% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 31-08-2018 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 - Equity Savings Fund (Direct)
UTI Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| UTI - Equity Savings Fund (Direct) | −13.8% | 24-01-2020 | 23-03-2020 | 10-08-2020 | 5 months | −2.4% |
| UTI Large & Mid Cap Fund (Direct) | −39.7% | 31-08-2018 | 23-03-2020 | 27-11-2020 | 8 months | −8.2% |
| NIFTY LargeMidcap 250 TRI | −37.8% | 24-01-2020 | 23-03-2020 | 05-11-2020 | 7 months | −8.6% |
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.
UTI - Equity Savings Fund (Direct)
UTI Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 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 - Equity Savings Fund (Direct)
UTI Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 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 - Equity Savings Fund (Direct)
UTI Large & Mid Cap Fund (Direct)
NIFTY LargeMidcap 250 TRI
Against NIFTY LargeMidcap 250 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| UTI - Equity Savings Fund (Direct) | 39% | 19% | 13.11% |
| UTI Large & Mid Cap Fund (Direct) | 97% | 91% | 3.87% |
From month-end values since 31-08-2018. 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 - Equity Savings vs UTI Large & Mid Cap: Portfolio Overlap
From each fund's latest monthly portfolio: UTI - Equity Savings Fund, September 2026; UTI Large & Mid Cap Fund, September 2026
Holdings in common
- Overlap
- 38.5%
- Held by both
- 29
- Only in UTI - Equity Savings
- 24
- Only in UTI Large & Mid Cap
- 42
| Security | % of UTI - Equity Savings | % of UTI Large & Mid Cap |
|---|---|---|
| EQ - HDFC BANK LIMITED | 4.65% | 5.48% |
| EQ - ICICI BANK LTD | 3.17% | 4.55% |
| EQ - STATE BANK OF INDIA | 3.27% | 2.91% |
| EQ - RELIANCE INDUSTRIES LTD. | 2.83% | 3.74% |
| EQ - LARSEN & TOUBRO LTD. | 2.35% | 2.75% |
| EQ - BHARTI AIRTEL LTD. | 3.33% | 1.92% |
| EQ - GRASIM INDUSTRIES LTD. | 3.43% | 1.54% |
| EQ - ITC LTD. | 1.38% | 2.86% |
| EQ - INDUS TOWERS LIMITED | 1.27% | 1.56% |
| EQ - MAHINDRA & MAHINDRA LTD. | 3.81% | 1.23% |
| EQ - AUROBINDO PHARMA LTD. | 1.07% | 2.63% |
| EQ - INFOSYS LTD. | 1.04% | 2.91% |
| EQ - SHRIRAM FINANCE LTD | 1.03% | 1.34% |
| EQ - INTERGLOBE AVIATION LTD | 1.02% | 1.27% |
| EQ - VEDANTA ALUMINIUM METAL LTD. | 1.01% | 1.35% |
| EQ - INDUSIND BANK | 0.99% | 1.00% |
| REIT- EMBASSY OFFICE PARKS | 0.96% | 1.51% |
| EQ - COAL INDIA LTD. | 0.90% | 1.55% |
| EQ - OIL & NATURAL GAS CORPORATION | 0.85% | 1.50% |
| EQ - POWER GRID CORPORATION OF INDI | 0.83% | 2.31% |
| EQ - HERO MOTOCORP LTD. | 0.82% | 2.33% |
| EQ - TATA POWER COMPANY LTD. | 0.81% | 1.02% |
| EQ - LIC OF INDIA | 0.80% | 1.68% |
| EQ - HCL TECHNOLOGIES LTD. | 0.79% | 1.11% |
| EQ - TATA MOTORS LTD | 0.68% | 0.66% |
| EQ - DR REDDYS LABORATORIES LTD. | 0.54% | 1.47% |
| EQ - WIPRO LIMITED | 0.52% | 1.64% |
| EQ - NATIONAL STOCK EXCHANGE OF INDIA LIMITED | 0.35% | 0.46% |
| EQ - REC LTD | 0.23% | 0.61% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 38.5% means 38.5% 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 - 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 - AXIS BANK LTD. | 5.13% |
| EQ - KOTAK MAHINDRA BANK LTD. | 3.65% |
| INVIT - IRB INVIT FUND | 2.73% |
Largest holdings only in UTI Large & Mid Cap Fund
| Security | % of fund |
|---|---|
| EQ - ADITYA BIRLA CAPITAL LTD | 2.28% |
| EQ - INFO-EDGE (INDIA) LTD. | 2.01% |
| EQ - SUNDARAM FINANCE LTD. | 1.85% |
| EQ - GENERAL INSURANCE CORPORATION | 1.77% |
| EQ - PHOENIX MILLS LTD | 1.73% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | UTI - Equity Savings | UTI Large & Mid Cap |
|---|---|---|
| Equity | 66.0% | 95.3% |
| Debt | 16.6% | 0.0% |
| Cash and others | 17.4% | 4.8% |
Market cap of stocks
| Market cap | UTI - Equity Savings | UTI Large & Mid Cap |
|---|---|---|
| Large Cap | 62.0% | 46.9% |
| Mid Cap | 3.7% | 33.4% |
| Small Cap | 0.0% | 14.6% |
| Not on AMFI's list | 0.3% | 0.5% |
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 - Equity Savings | UTI Large & Mid Cap |
|---|---|---|
| Banks | 20.9% | 16.3% |
| Pharmaceuticals & Biotechnology | 2.3% | 9.2% |
| Automobiles | 7.5% | 3.6% |
| IT - Software | 3.4% | 6.7% |
| Finance | 4.2% | 6.1% |
| Insurance | 1.9% | 5.3% |
| Telecom - Services | 4.6% | 3.5% |
| Construction | 2.4% | 3.8% |
| Cement & Cement Products | 3.4% | 1.5% |
The six largest sectors of each fund's stocks, % of the fund.
UTI - Equity Savings vs UTI Large & Mid Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | UTI - Equity Savings Fund | UTI Large & Mid Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.04% | 1.14% |
| Base expense ratio (Direct) | 0.62% | 0.83% |
| Total expense ratio (Regular) | 2.06% | 1.96% |
| Base expense ratio (Regular) | 1.52% | 1.57% |
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 - Equity Savings with
UTI - Equity Savings Fund vs UTI Large & Mid Cap Fund: Frequently Asked Questions
What is the difference between UTI - Equity Savings Fund and UTI Large & Mid Cap Fund?
UTI - Equity Savings Fund is an Equity Savings fund, UTI Large & Mid Cap Fund is a Large & Mid Cap fund, run by UTI Mutual Fund. Their portfolios overlap 38.5%. UTI - Equity Savings Fund charges 1.04% a year and UTI Large & Mid Cap Fund 1.14%.
Which has given higher returns, UTI - Equity Savings Fund or UTI Large & Mid Cap Fund?
Over 1 year: UTI - Equity Savings Fund +0.72%, UTI Large & Mid Cap Fund −4.85%. Over 3 years: UTI - Equity Savings Fund +8.11% a year, UTI Large & Mid Cap Fund +13.94% a year. Over 5 years: UTI - Equity Savings Fund +8.28% a year, UTI Large & Mid Cap Fund +12.41% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, UTI - Equity Savings Fund or UTI Large & Mid Cap Fund?
UTI - Equity Savings Fund charges less: 1.04% a year against 1.14%. These are the Direct plans' total expense ratios reported to AMFI.
How much do UTI - Equity Savings Fund and UTI Large & Mid Cap Fund overlap?
38.5%. They hold 29 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, UTI - Equity Savings Fund or UTI Large & Mid Cap Fund?
On SEBI's riskometer, UTI - Equity Savings Fund is rated Moderately High and UTI Large & Mid Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 4.43% and 13.61% a year.
Which is better for SIP, UTI - Equity Savings Fund or UTI Large & Mid Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,37,975 in UTI - Equity Savings Fund (XIRR 7.4% a year) and ₹8,18,415 in UTI Large & Mid Cap Fund (XIRR 11.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both UTI - Equity Savings Fund and UTI Large & Mid Cap Fund?
Yes. 38.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages UTI - Equity Savings Fund and UTI Large & Mid Cap Fund?
UTI - Equity Savings Fund: Anurag Mittal FM 1, V Srivatsa FM 2, Not Applicable FM 3, Not Applicable FM 4. UTI Large & Mid Cap Fund: V Srivatsa 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.