UTI Multi Cap Fund vs UTI Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
UTI Multi Cap Fund is a Multi Cap fund and UTI Value Fund is a Value and Contra fund. In the year to 30-10-2026, UTI Multi Cap Fund (Direct) returned −4.6% and UTI Value Fund (Direct) returned −9.1%. UTI Multi Cap Fund charges 1.10% a year and UTI Value Fund 1.35% (Direct plans). Their portfolios overlap 35.3%: they hold 23 of the same securities.
Which is better, UTI Multi Cap or UTI Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Multi Cap returned more over 1 year: −4.6% against −9.1%.
- UTI Multi Cap costs less: 1.10% a year against 1.35% (Direct plans).
- UTI Multi Cap fell less in its worst fall since 20-05-2025: −14.1% against −15.3%.
- UTI Value holds more in large companies: 65.6% of the fund in large caps against 37.7%.
- UTI Value is the larger fund: ₹9,025 Cr against ₹2,113 Cr.
- Their portfolios overlap 35.3%: 23 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 Multi Cap Fund | UTI Value Fund |
|---|---|---|
| Fund house | UTI Mutual Fund | UTI Mutual Fund |
| Category | Multi Cap | Value and Contra |
| AUM | ₹2,113 Cr (30-09-2026) | ₹9,025 Cr (30-09-2026) |
| NAV | ₹10.21 (Direct) | ₹173.12 (Direct) |
| Expense ratio (Direct) | 1.10% | 1.35% |
| Expense ratio (Regular) | 2.26% | 1.87% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 500 Multicap 50:25:25 Total Return Index | Nifty 500 TRI |
| Launch date | 16-05-2025 | 20-07-2005 |
| Minimum investment | Direct Plan - Growth Option (Rs 1000)Regular Plan -Growth Option (Rs 1000) | 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 | Karthikraj Lakshmanan | Amit Premchandani FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | 1% if redeemed/ switched-out within 90 days from the date of allotment; Nil thereafter | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. |
UTI Multi Cap vs UTI Value: 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 Multi Cap Fund (Direct) | −3.12% | −5.19% | +0.15% | −4.61% | -- | -- | -- |
| UTI Value Fund (Direct) | −0.22% | −6.08% | −3.22% | −9.06% | +11.71% | +9.95% | +12.87% |
| Multi Cap average | −2.65% | −3.95% | +1.99% | −1.14% | -- | -- | -- |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 33 Multi Cap funds and the 30 Value and Contra funds, same plan type.
UTI Multi Cap vs UTI Value: Year-wise Returns
| Year | Multi CapUTI Multi Cap | ValueUTI Value |
|---|---|---|
| 2026to date | −5.07% | −9.69% |
| 2025 | -- | +7.71% |
| 2024 | -- | +24.28% |
| 2023 | -- | +27.63% |
| 2022 | -- | +5.04% |
| 2021 | -- | +31.35% |
UTI Multi Cap vs UTI Value: Rolling Returns
Every holding period of both funds, against Nifty500 Multicap 50:25:25 TRI, the benchmark of UTI Multi Cap Fund
Rolling returns
Every 1-year holding period, 111 of them, one for each trading day from 20-05-2026 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.
UTI Multi Cap Fund (Direct)
UTI Value Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
to
Jun 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Aug 2025
to
Aug 2026Sept 2025
to
Sept 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 | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UTI Multi Cap | 15.3 | 57.7 | 27.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.8% | 2.4% | −5.9% | 8.8% | 95% |
| UTI Value | 78.4 | 21.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −2.4% | −1.9% | −10.3% | 3.8% | 0% |
| Nifty500 Multicap 50:25:25 TRI | 28.8 | 53.2 | 18.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.5% | 1.3% | −7.6% | 8.5% | -- |
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 Nifty500 Multicap 50:25:25 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 20-05-2025. Past returns do not promise future returns.
UTI Multi Cap vs UTI Value: 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 20-05-2025 to 30-10-2026: 18 instalments, ₹1,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| UTI Multi CapUTI Multi Cap Fund (Direct) | ₹1,80,000 | ₹1,77,702 | −₹2,298 | −1.6% |
| UTI ValueUTI Value Fund (Direct) | ₹1,80,000 | ₹1,71,596 | −₹8,404 | −5.9% |
UTI Multi CapUTI Multi Cap Fund (Direct)
UTI ValueUTI Value 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 Multi Cap vs UTI Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | UTI Multi Cap Fund (Direct) | UTI Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.61% | −9.06% |
| Standard deviation | 13.06% | 13.51% |
| Sharpe ratio | -0.75 | -1.06 |
| Sortino ratio | -1.00 | -1.40 |
| Maximum drawdown | −14.1% (30-03-2026) | −15.3% (31-03-2026) |
| Beta | 0.85 | 0.92 |
| Alpha | −0.26% | −2.77% |
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 Multi Cap Fund (Direct) | UTI Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +1.70% | +12.86% |
| Standard deviation | 11.83% | 15.09% |
| Sharpe ratio | -0.31 | 0.45 |
| Sortino ratio | -0.41 | 0.61 |
| Maximum drawdown | −14.1% (30-03-2026) | −36.7% (23-03-2020) |
| Beta | 0.85 | 0.93 |
| Alpha | +0.82% | +0.53% |
From daily NAVs, 20-05-2025 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.
UTI Multi Cap Fund (Direct)
UTI Value Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| UTI Multi Cap Fund (Direct) | −14.1% | 05-01-2026 | 30-03-2026 | 03-08-2026 | 4 months | −7.3% |
| UTI Value Fund (Direct) | −15.3% | 02-01-2026 | 31-03-2026 | Not yet | -- | −10.7% |
| Nifty500 Multicap 50:25:25 TRI | −14.6% | 02-01-2026 | 30-03-2026 | 06-07-2026 | 3 months | −8.0% |
From daily values since 20-05-2025, 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.
UTI Multi Cap Fund (Direct)
UTI Value Fund (Direct)
Nifty500 Multicap 50:25:25 TRI
Against Nifty500 Multicap 50:25:25 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| UTI Multi Cap Fund (Direct) | 94% | 84% | 3.61% |
| UTI Value Fund (Direct) | 75% | 83% | 4.24% |
From month-end values since 20-05-2025. 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 Multi Cap vs UTI Value: Portfolio Overlap
From each fund's latest monthly portfolio: UTI Multi Cap Fund, September 2026; UTI Value Fund, September 2026
Holdings in common
- Overlap
- 35.3%
- Held by both
- 23
- Only in UTI Multi Cap
- 48
- Only in UTI Value
- 41
| Security | % of UTI Multi Cap | % of UTI Value |
|---|---|---|
| EQ - ICICI BANK LTD | 5.00% | 6.26% |
| EQ - HDFC BANK LIMITED | 4.70% | 7.97% |
| EQ - KOTAK MAHINDRA BANK LTD. | 4.34% | 4.16% |
| EQ - AXIS BANK LTD. | 2.61% | 3.94% |
| EQ - RELIANCE INDUSTRIES LTD. | 1.91% | 2.50% |
| EQ - BHARTI AIRTEL LTD. | 1.87% | 4.23% |
| EQ - INFO-EDGE (INDIA) LTD. | 1.50% | 1.42% |
| EQ - LARSEN & TOUBRO LTD. | 1.78% | 1.41% |
| EQ - POWER GRID CORPORATION OF INDI | 1.23% | 1.88% |
| EQ - PVR INOX LIMITED | 1.15% | 1.20% |
| EQ - GREAT EASTERN SHIPPING CO. LTD | 1.11% | 1.04% |
| EQ - AIA ENGINEERING LTD. | 1.03% | 1.03% |
| EQ - COAL INDIA LTD. | 0.96% | 1.37% |
| EQ - JK PAPER LTD. | 1.08% | 0.94% |
| EQ - MARUTI SUZUKI INDIA LTD. | 0.92% | 1.86% |
| EQ - ADANI ENTERPRISES LTD. | 0.82% | 1.01% |
| EQ - TATA MOTORS PASSENGER VEHICLES LTD. | 0.81% | 0.94% |
| EQ - GLENMARK PHARMACEUTICALS LTD. | 0.77% | 1.09% |
| EQ - SWIGGY LTD | 2.45% | 0.72% |
| EQ - TUBE INVESTMENTS OF INDIA LTD | 0.67% | 0.72% |
| EQ - PRAJ INDUSRIES LTD. | 1.45% | 0.58% |
| EQ - VOLTAMP TRANSFORMERS LTD. | 2.24% | 0.34% |
| EQ - MAHINDRA & MAHINDRA FINANCIAL | 0.23% | 1.48% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.3% means 35.3% 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 UTI Multi Cap Fund
| Security | % of fund |
|---|---|
| EQ - OIL INDIA LTD. | 2.12% |
| EQ - COFORGE LTD | 1.90% |
| EQ - GULF OIL LUBRICANTS INDIA LTD | 1.81% |
| EQ - UJJIVAN SMALL FINANCE BANK LTD | 1.76% |
| EQ - TATA COMMUNICATIONS LTD. | 1.72% |
Largest holdings only in UTI Value Fund
| Security | % of fund |
|---|---|
| EQ - STATE BANK OF INDIA | 3.30% |
| EQ - INFOSYS LTD. | 3.19% |
| EQ - MAHINDRA & MAHINDRA LTD. | 2.99% |
| EQ - TECH MAHINDRA LTD. | 2.58% |
| EQ - PHOENIX MILLS LTD | 1.82% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | UTI Multi Cap | UTI Value |
|---|---|---|
| Equity | 92.7% | 99.3% |
| Debt | 0.5% | 0.3% |
| Cash and others | 6.8% | 0.4% |
Market cap of stocks
| Market cap | UTI Multi Cap | UTI Value |
|---|---|---|
| Large Cap | 37.7% | 65.6% |
| Mid Cap | 25.2% | 18.3% |
| Small Cap | 27.8% | 15.5% |
| Not on AMFI's list | 2.0% | 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 Multi Cap | UTI Value |
|---|---|---|
| Banks | 18.4% | 28.1% |
| IT - Software | 3.2% | 8.3% |
| Automobiles | 1.7% | 8.0% |
| Pharmaceuticals & Biotechnology | 5.1% | 6.6% |
| Finance | 5.5% | 1.5% |
| Retailing | 5.0% | 3.1% |
| Realty | 1.2% | 4.5% |
| Telecom - Services | 3.6% | 4.2% |
| Consumer Durables | 3.9% | 2.6% |
| Electrical Equipment | 3.8% | 0.3% |
The six largest sectors of each fund's stocks, % of the fund.
UTI Multi Cap vs UTI Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | UTI Multi Cap Fund | UTI Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.10% | 1.35% |
| Base expense ratio (Direct) | 0.69% | 1.05% |
| Total expense ratio (Regular) | 2.26% | 1.87% |
| Base expense ratio (Regular) | 1.76% | 1.51% |
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 Multi Cap with
UTI Multi Cap Fund vs UTI Value Fund: Frequently Asked Questions
What is the difference between UTI Multi Cap Fund and UTI Value Fund?
UTI Multi Cap Fund is a Multi Cap fund, UTI Value Fund is a Value and Contra fund, run by UTI Mutual Fund. Their portfolios overlap 35.3%. UTI Multi Cap Fund charges 1.10% a year and UTI Value Fund 1.35%.
Which has given higher returns, UTI Multi Cap Fund or UTI Value Fund?
Over 1 year: UTI Multi Cap Fund −4.61%, UTI Value Fund −9.06%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, UTI Multi Cap Fund or UTI Value Fund?
UTI Multi Cap Fund charges less: 1.10% a year against 1.35%. These are the Direct plans' total expense ratios reported to AMFI.
How much do UTI Multi Cap Fund and UTI Value Fund overlap?
35.3%. They hold 23 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Which is riskier, UTI Multi Cap Fund or UTI Value Fund?
On SEBI's riskometer, UTI Multi Cap Fund is rated Very High and UTI Value Fund Very High. Over 1 years, the standard deviation of daily returns was 13.06% and 13.51% a year.
Can I invest in both UTI Multi Cap Fund and UTI Value Fund?
Yes. 35.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages UTI Multi Cap Fund and UTI Value Fund?
UTI Multi Cap Fund: Karthikraj Lakshmanan. UTI Value 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.