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    UTI - Flexi Cap Fund. vs UTI - Unit Linked Insurance Plan

    Direct Plan, Growth option · Data as on 30-10-2026

    UTI - Flexi Cap Fund. is a Flexi Cap fund and UTI - Unit Linked Insurance Plan is a Balanced Advantage fund. In the 3 years to 30-10-2026, UTI - Flexi Cap Fund. (Direct) returned 8.5% a year and UTI - Unit Linked Insurance Plan (Direct) returned 7.8% a year. UTI - Flexi Cap Fund. charges 1.17% a year and UTI - Unit Linked Insurance Plan 1.11% (Direct plans). Their portfolios overlap 37.5%: they hold 42 of the same securities.

    UTI - Flexi Cap Fund.

    Flexi Cap

    3 year return
    8.5%
    Expense ratio
    1.17%
    NAV
    ₹336.25
    See UTI - Flexi Cap Fund.

    UTI - Unit Linked Insurance Plan

    Balanced Advantage

    3 year return
    7.8%
    Expense ratio
    1.11%
    NAV
    ₹45.91
    See UTI - Unit Linked Insurance Plan

    Which is better, UTI - Flexi Cap Fund. or UTI - Unit Linked Insurance Plan? Key differences

    It depends on what you want from the fund. These are the differences in numbers, from the data on this page.

    • UTI - Unit Linked Insurance Plan returned more over 5 years: 5.7% a year against 3.9%.
    • UTI - Flexi Cap Fund. returned more over 3 years: 8.5% a year against 7.8%.
    • UTI - Unit Linked Insurance Plan costs less: 1.11% a year against 1.17% (Direct plans).
    • UTI - Unit Linked Insurance Plan swung less over 3 years: a standard deviation of 5.6% a year against 12.9%.
    • UTI - Unit Linked Insurance Plan fell less in its worst fall since 09-01-2013: −17.9% against −33.9%.
    • UTI - Flexi Cap Fund. holds more in large companies: 58.4% of the fund in large caps against 23.8%.
    • UTI - Flexi Cap Fund. is the larger fund: ₹22,495 Cr against ₹4,930 Cr.
    • Their portfolios overlap 37.5%: 42 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

    FactUTI - Flexi Cap Fund.UTI - Unit Linked Insurance Plan
    Fund houseUTI Mutual FundUTI Mutual Fund
    CategoryFlexi CapBalanced Advantage
    AUM₹22,495 Cr (30-09-2026)₹4,930 Cr (30-09-2026)
    NAV₹336.25 (Direct)₹45.91 (Direct)
    Expense ratio (Direct)1.17%1.11%
    Expense ratio (Regular)1.69%1.60%
    RiskometerVery HighHigh
    BenchmarkNifty 500 TRINIFTY 50 Hybrid Composite Debt 50:50 Index
    Launch date01-08-199201-10-1971
    Minimum investmentRegular 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,Minimum target amount under the scheme is 15000 which is required to be invested over 10/15 year period.
    Lock inNoneNone
    Fund managersAjay Tyagi FM 1, Kamal Gada FM 2, Akash Shah FM 3, Not Applicable FM 4, Not Applicable FM 5Anurag Mittal FM 1, Ajay Tyagi FM 2, Kamal Gada FM 3 Mr. Akash Shah FM 4
    Exit loadExit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.If withdrawn prematurely – 2% On or after maturity – Nil

    UTI - Flexi Cap Fund. vs UTI - Unit Linked Insurance Plan: Returns Comparison

    Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

    Fund1M3M6M1Y3Y5Y10Y
    UTI - Flexi Cap Fund. (Direct)+0.06%−4.46%+6.64%−5.64%+8.51%+3.93%+11.68%
    UTI - Unit Linked Insurance Plan (Direct)−0.03%−2.17%+3.96%−0.53%+7.84%+5.73%+7.58%
    Flexi Cap average−1.62%−4.17%+1.00%−3.58%+12.37%+10.04%+13.13%
    Balanced Advantage average−0.55%−2.88%+0.08%−2.08%+9.14%+8.35%+9.91%

    Category average: the average of the 46 Flexi Cap funds and the 38 Balanced Advantage funds, same plan type.

    UTI - Flexi Cap Fund. vs UTI - Unit Linked Insurance Plan: Year-wise Returns

    YearFlexi Cap Fund.UTI - Flexi Cap Fund.Unit Linked Insurance PlanUTI - Unit Linked Insurance Plan
    2026to date−2.66%+0.38%
    2025+1.71%+5.12%
    2024+15.12%+12.24%
    2023+20.73%+12.76%
    2022−12.68%−1.60%
    2021+35.00%+15.42%

    UTI - Flexi Cap Fund. vs UTI - Unit Linked Insurance Plan: Rolling Returns

    Every holding period of both funds, against Nifty 500 TRI, the benchmark of UTI - Flexi Cap Fund.

    Rolling returns

    Every 3-year holding period, 2,660 of them, one for each trading day from 11-01-2016 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.

    −10%0%10%20%30%40%
    Nov 2013
    to
    Nov 2016
    Sept 2015
    to
    Sept 2018
    Jul 2017
    to
    Jul 2020
    May 2019
    to
    May 2022
    Mar 2021
    to
    Mar 2024
    Dec 2022
    to
    Dec 2025
    UTI - Flexi Cap Fund. (Direct)UTI - Unit Linked Insurance Plan (Direct)Nifty 500 TRI

    How the periods spread

    FundBelow 0%0-5%5-10%10-15%15-20%20-25%Above 25%MeanMedianLowestHighestBeat benchmark
    UTI - Flexi Cap Fund.0.12.725.333.624.410.23.813.9%13.2%−1.4%30.0%44%
    UTI - Unit Linked Insurance Plan0.212.260.327.40.00.00.08.4%8.8%−0.7%14.9%4%
    Nifty 500 TRI1.94.37.836.934.811.42.914.7%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 09-01-2013. Past returns do not promise future returns.

    UTI - Flexi Cap Fund. vs UTI - Unit Linked Insurance Plan: 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

    Step up each year
    PeriodFor

    ₹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.

    InvestmentInvestedValue nowGainReturn a year
    UTI - Flexi Cap Fund.UTI - Flexi Cap Fund. (Direct) ₹16,60,000 ₹39,57,833 ₹22,97,833 11.7%
    UTI - Unit Linked Insurance PlanUTI - Unit Linked Insurance Plan (Direct) ₹16,60,000 ₹28,98,406 ₹12,38,406 7.7%
    ₹0₹10.0 L₹20.0 L₹30.0 L₹40.0 L₹50.0 L
    2014201620182020202220242026
    UTI - Flexi Cap Fund.UTI - Flexi Cap Fund. (Direct)UTI - Unit Linked Insurance PlanUTI - Unit Linked Insurance Plan (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 - Flexi Cap Fund. vs UTI - Unit Linked Insurance Plan: Risk and Drawdowns

    How much each fund swings, and the worst fall over the same days

    Risk and return

    MeasureUTI - Flexi Cap Fund. (Direct)UTI - Unit Linked Insurance Plan (Direct)
    Return (CAGR)+8.51%+7.84%
    Standard deviation12.92%5.63%
    Sharpe ratio0.190.32
    Sortino ratio0.270.46
    Maximum drawdown−20.1% (23-03-2026)−8.2% (30-03-2026)
    Beta0.83--
    Alpha−0.99%--

    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.

    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.

    −40%−30%−20%−10%0%
    2014201620182020202220242026
    UTI - Flexi Cap Fund. (Direct)UTI - Unit Linked Insurance Plan (Direct)Nifty 500 TRI
    FundWorst fallHigh before itBottomBack at the highTime to climb backBelow its high today
    UTI - Flexi Cap Fund. (Direct)−33.9%12-02-202023-03-202008-10-20207 months−7.0%
    UTI - Unit Linked Insurance Plan (Direct)−17.9%12-02-202023-03-202016-09-20206 months−3.4%
    Nifty 500 TRI−38.1%17-01-202023-03-202006-11-20207 months−8.8%

    From daily values since 09-01-2013, 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 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.

    0%5%10%15%20%25%
    20172019202120232025
    UTI - Flexi Cap Fund. (Direct)UTI - Unit Linked Insurance Plan (Direct)Nifty 500 TRI

    Against Nifty 500 TRI

    FundUp captureDown captureTracking error
    UTI - Flexi Cap Fund. (Direct)94%89%5.25%
    UTI - Unit Linked Insurance Plan (Direct)44%35%10.70%

    From month-end values since 09-01-2013. 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 - Flexi Cap Fund. vs UTI - Unit Linked Insurance Plan: Portfolio Overlap

    From each fund's latest monthly portfolio: UTI - Flexi Cap Fund., September 2026; UTI - Unit Linked Insurance Plan, September 2026

    Holdings in common

    Overlap
    37.5%
    Held by both
    42
    Only in UTI - Flexi Cap Fund.
    12
    Only in UTI - Unit Linked Insurance Plan
    66
    Security% of UTI - Flexi Cap Fund.% of UTI - Unit Linked Insurance Plan
    EQ - ETERNAL LIMITED6.56%2.89%
    EQ - ICICI BANK LTD5.81%2.53%
    EQ - BAJAJ FINANCE LTD.5.53%2.34%
    EQ - HDFC BANK LIMITED4.61%2.03%
    EQ - TITAN COMPANY LTD.3.94%1.72%
    EQ - COFORGE LTD3.77%1.62%
    EQ - INFO-EDGE (INDIA) LTD.3.59%1.55%
    EQ - KOTAK MAHINDRA BANK LTD.3.41%1.51%
    EQ - DIXON TECHNOLOGIES (INDIA) LTD3.61%1.49%
    EQ - BHARTI AIRTEL LTD.3.37%1.46%

    Overlap: for each holding both funds own, the smaller of its two weights, added up. 37.5% means 37.5% 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 - Flexi Cap Fund.

    Security% of fund
    EQ- GLOBAL HEALTH LTD.2.00%
    EQ - CHOLAMANDALAM INVESTMENT & FIN1.45%
    EQ - AFFLE 3I LIMITED1.19%
    EQ - CG POWER & IND SOLUTIONS LTD1.19%
    EQ - TVS MOTOR COMPANY LTD0.79%

    Largest holdings only in UTI - Unit Linked Insurance Plan

    Security% of fund
    07.18% GSEC MAT -24/07/20378.09%
    07.32% GSEC MAT -13/11/20304.12%
    7.24% GSEC MAT- 18/08/20552.60%
    NCD MAHINDRA AND MAHINDRA FINANCIAL SERVICES LTD2.53%
    NCD INDIAN RAILWAY FINANCE CORPORATION LIMITED2.01%

    Asset and sector split

    Share of each fund, from its latest monthly portfolio

    Asset allocation

    AssetUTI - Flexi Cap Fund.UTI - Unit Linked Insurance Plan
    Equity97.0%38.0%
    Debt0.2%53.3%
    Cash and others2.7%8.7%

    Market cap of stocks

    Market capUTI - Flexi Cap Fund.UTI - Unit Linked Insurance Plan
    Large Cap58.4%23.8%
    Mid Cap26.3%10.7%
    Small Cap12.4%3.5%

    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

    SectorUTI - Flexi Cap Fund.UTI - Unit Linked Insurance Plan
    Retailing16.6%6.7%
    Banks14.9%6.5%
    Consumer Durables10.4%4.3%
    IT - Software9.3%4.0%
    Pharmaceuticals & Biotechnology8.4%3.4%
    Finance7.7%2.6%
    Automobiles7.5%2.8%

    The six largest sectors of each fund's stocks, % of the fund.

    UTI - Flexi Cap Fund. vs UTI - Unit Linked Insurance Plan: Expense Ratio

    What each plan charges a year, from AMFI's expense ratio file

    ChargeUTI - Flexi Cap Fund.UTI - Unit Linked Insurance Plan
    Total expense ratio (Direct)1.17%1.11%
    Base expense ratio (Direct)0.94%0.92%
    Total expense ratio (Regular)1.69%1.60%
    Base expense ratio (Regular)1.40%1.37%

    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

    UTI - Flexi Cap Fund. vs UTI - Unit Linked Insurance Plan: Frequently Asked Questions

    What is the difference between UTI - Flexi Cap Fund. and UTI - Unit Linked Insurance Plan?

    UTI - Flexi Cap Fund. is a Flexi Cap fund, UTI - Unit Linked Insurance Plan is a Balanced Advantage fund, run by UTI Mutual Fund. Their portfolios overlap 37.5%. UTI - Flexi Cap Fund. charges 1.17% a year and UTI - Unit Linked Insurance Plan 1.11%.

    Which has given higher returns, UTI - Flexi Cap Fund. or UTI - Unit Linked Insurance Plan?

    Over 1 year: UTI - Flexi Cap Fund. −5.64%, UTI - Unit Linked Insurance Plan −0.53%. Over 3 years: UTI - Flexi Cap Fund. +8.51% a year, UTI - Unit Linked Insurance Plan +7.84% a year. Over 5 years: UTI - Flexi Cap Fund. +3.93% a year, UTI - Unit Linked Insurance Plan +5.73% a year. As on 30-10-2026. Past returns do not promise future returns.

    Which has the lower expense ratio, UTI - Flexi Cap Fund. or UTI - Unit Linked Insurance Plan?

    UTI - Unit Linked Insurance Plan charges less: 1.11% a year against 1.17%. These are the Direct plans' total expense ratios reported to AMFI.

    How much do UTI - Flexi Cap Fund. and UTI - Unit Linked Insurance Plan overlap?

    37.5%. They hold 42 of the same securities, the largest shared ones being ETERNAL, ICICIBANK, BAJFINANCE. From each fund's latest monthly portfolio.

    Which is riskier, UTI - Flexi Cap Fund. or UTI - Unit Linked Insurance Plan?

    On SEBI's riskometer, UTI - Flexi Cap Fund. is rated Very High and UTI - Unit Linked Insurance Plan High. Over 3 years, the standard deviation of daily returns was 12.92% and 5.63% a year.

    Which is better for SIP, UTI - Flexi Cap Fund. or UTI - Unit Linked Insurance Plan?

    Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,04,539 in UTI - Flexi Cap Fund. (XIRR 5.6% a year) and ₹7,14,591 in UTI - Unit Linked Insurance Plan (XIRR 6.2% a year). Both received 61 instalments. Past returns do not promise future returns.

    Can I invest in both UTI - Flexi Cap Fund. and UTI - Unit Linked Insurance Plan?

    Yes. 37.5% of each fund's money sits in the same holdings, so some of the two investments would move together.

    Who manages UTI - Flexi Cap Fund. and UTI - Unit Linked Insurance Plan?

    UTI - Flexi Cap Fund.: Ajay Tyagi FM 1, Kamal Gada FM 2, Akash Shah FM 3, Not Applicable FM 4, Not Applicable FM 5. UTI - Unit Linked Insurance Plan: Anurag Mittal FM 1, Ajay Tyagi FM 2, Kamal Gada FM 3 Mr. Akash Shah 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.

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