UTI Nifty 5 yr Benchmark G-Sec ETF vs Zerodha Life Cycle Fund 2031
Direct Plan, Growth option · Data as on 30-10-2026
UTI Nifty 5 yr Benchmark G-Sec ETF is an ETF fund and Zerodha Life Cycle Fund 2031 is a mutual fund. Their portfolios overlap 26.9%: they hold 1 of the same security.
Which is better, UTI Nifty 5 yr Benchmark G-Sec ETF or Zerodha Life Cycle Fund 2031? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Nifty 5 yr Benchmark G-Sec ETF fell less in its worst fall since 18-09-2026: −1.3% against −4.4%.
- UTI Nifty 5 yr Benchmark G-Sec ETF is the larger fund: ₹26 Cr against ₹10 Cr.
- Their portfolios overlap 26.9%: 1 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 Nifty 5 yr Benchmark G-Sec ETF | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Fund house | UTI Mutual Fund | Zerodha Mutual Fund |
| Category | ETF | Not available |
| AUM | ₹26 Cr (30-09-2026) | ₹10 Cr (30-09-2026) |
| NAV | ₹65.44 (Direct) | ₹9.74 (Direct) |
| Expense ratio (Direct) | 0.00% | 2.98% |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Moderate | High |
| Benchmark | Nifty 5 yr Benchmark G-sec Index | 55% CRISIL 10 year Gilt Index + 35% Nifty 200 TRI + 5% Domestic prices of Physical Gold + 5% Domestic prices of Physical |
| Launch date | 29-01-2024 | 16-09-2026 |
| Minimum investment | ₹5,000 | ₹100 |
| Lock in | None | Not available |
| Fund managers | Jaydeep Bhowal | Kedarnath Mirajkar |
| Exit load | Nil | Nil |
UTI Nifty 5 yr Benchmark G-Sec ETF vs Zerodha Life Cycle Fund 2031: 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 Nifty 5 yr Benchmark G-Sec ETF (Direct) | −0.68% | −1.25% | +1.50% | +3.08% | -- | -- | -- |
| Zerodha Life Cycle Fund 2031 (Direct) | −1.18% | -- | -- | -- | -- | -- | -- |
UTI Nifty 5 yr Benchmark G-Sec ETF vs Zerodha Life Cycle Fund 2031: Year-wise Returns
| Year | UTI Nifty 5 yr Benchmark G-Sec ETFUTI Nifty 5 yr Benchmark G-Sec ETF | Zerodha Life Cycle Fund 2031Zerodha Life Cycle Fund 2031 |
|---|---|---|
| 2026to date | +2.55% | -- |
| 2025 | +7.75% | -- |
UTI Nifty 5 yr Benchmark G-Sec ETF vs Zerodha Life Cycle Fund 2031: Rolling Returns
Every holding period of both funds
UTI Nifty 5 yr Benchmark G-Sec ETF vs Zerodha Life Cycle Fund 2031: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | UTI Nifty 5 yr Benchmark G-Sec ETF (Direct) | Zerodha Life Cycle Fund 2031 (Direct) |
|---|---|---|
| Return (CAGR) | +6.50% | −25.51% |
| Standard deviation | 2.00% | 7.90% |
| Sharpe ratio | 0.28 | -3.93 |
| Sortino ratio | 0.41 | -4.33 |
| Maximum drawdown | −1.9% (22-10-2026) | −4.4% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 01-02-2024 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 Nifty 5 yr Benchmark G-Sec ETF (Direct)
Zerodha Life Cycle Fund 2031 (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| UTI Nifty 5 yr Benchmark G-Sec ETF (Direct) | −1.3% | 22-09-2026 | 22-10-2026 | Not yet | -- | −1.1% |
| Zerodha Life Cycle Fund 2031 (Direct) | −4.4% | 23-09-2026 | 23-10-2026 | Not yet | -- | −3.5% |
From daily values since 18-09-2026, the first day every fund has.
UTI Nifty 5 yr Benchmark G-Sec ETF vs Zerodha Life Cycle Fund 2031: Portfolio Overlap
From each fund's latest monthly portfolio: UTI Nifty 5 yr Benchmark G-Sec ETF, September 2026; Zerodha Life Cycle Fund 2031, September 2026
Holdings in common
- Overlap
- 26.9%
- Held by both
- 1
- Only in UTI Nifty 5 yr Benchmark G-Sec ETF
- 0
- Only in Zerodha Life Cycle Fund 2031
- 252
| Security | % of UTI Nifty 5 yr Benchmark G-Sec ETF | % of Zerodha Life Cycle Fund 2031 |
|---|---|---|
| 06.36% GSEC Mat- 16/02/2031 | 98.84% | 26.91% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 26.9% means 26.9% 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 Nifty 5 yr Benchmark G-Sec ETF
Every holding of this fund is also held by the other.
Largest holdings only in Zerodha Life Cycle Fund 2031
| Security | % of fund |
|---|---|
| Bharti Airtel Limited | 5.05% |
| The Federal Bank Limited | 4.34% |
| IndusInd Bank Limited | 4.04% |
| Infosys Limited | 3.74% |
| Bajaj Finance Limited | 2.58% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | UTI Nifty 5 yr Benchmark G-Sec ETF | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Equity | 0.0% | 65.8% |
| Debt | 98.8% | 26.9% |
| Cash and others | 1.2% | 7.3% |
Market cap of stocks
| Market cap | UTI Nifty 5 yr Benchmark G-Sec ETF | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Large Cap | -- | 34.8% |
| Mid Cap | -- | 28.5% |
| Small Cap | -- | 2.5% |
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 Nifty 5 yr Benchmark G-Sec ETF | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Banks | 0.0% | 15.7% |
| Finance | 0.0% | 6.5% |
| IT - Software | 0.0% | 5.9% |
| Telecom - Services | 0.0% | 5.8% |
| Pharmaceuticals & Biotechnology | 0.0% | 3.3% |
| Automobiles | 0.0% | 1.9% |
The six largest sectors of each fund's stocks, % of the fund.
UTI Nifty 5 yr Benchmark G-Sec ETF vs Zerodha Life Cycle Fund 2031: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | UTI Nifty 5 yr Benchmark G-Sec ETF | Zerodha Life Cycle Fund 2031 |
|---|---|---|
| Total expense ratio (Direct) | 0.00% | 2.98% |
| Base expense ratio (Direct) | 0.00% | 0.42% |
| Base expense ratio (Regular) | 0.19% | 0.00% |
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.
UTI Nifty 5 yr Benchmark G-Sec ETF vs Zerodha Life Cycle Fund 2031: Frequently Asked Questions
What is the difference between UTI Nifty 5 yr Benchmark G-Sec ETF and Zerodha Life Cycle Fund 2031?
UTI Nifty 5 yr Benchmark G-Sec ETF is an ETF fund, Zerodha Life Cycle Fund 2031 is a mutual fund, run by UTI Mutual Fund and Zerodha Mutual Fund. Their portfolios overlap 26.9%.
How much do UTI Nifty 5 yr Benchmark G-Sec ETF and Zerodha Life Cycle Fund 2031 overlap?
26.9%. They hold 1 of the same securities, the largest shared ones being 06.36% GSEC Mat- 16/02/2031. From each fund's latest monthly portfolio.
Which is riskier, UTI Nifty 5 yr Benchmark G-Sec ETF or Zerodha Life Cycle Fund 2031?
On SEBI's riskometer, UTI Nifty 5 yr Benchmark G-Sec ETF is rated Moderate and Zerodha Life Cycle Fund 2031 High. Over their common history, the standard deviation of daily returns was 2.00% and 7.90% a year.
Can I invest in both UTI Nifty 5 yr Benchmark G-Sec ETF and Zerodha Life Cycle Fund 2031?
Yes. 26.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages UTI Nifty 5 yr Benchmark G-Sec ETF and Zerodha Life Cycle Fund 2031?
UTI Nifty 5 yr Benchmark G-Sec ETF: Jaydeep Bhowal. Zerodha Life Cycle Fund 2031: Kedarnath Mirajkar.
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.