UTI Focused Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 17, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
UTI Focused Fund Direct Growth Plan is an equity focused fund with a High Risk profile. Its NAV is ₹16.1565 as of 16 Sep 2026, and the scheme AUM stands at ₹2,487 Cr. The fund’s 1-year, 3-year and 5-year returns are -3.78%, 8.73% and 9.34% respectively.
Our view is that this is a fund for investors who can stay invested through sharp swings and want a concentrated equity approach rather than a broad market style. The portfolio is led by large banks and other sizeable listed names, so near-term outcomes can move differently from the benchmark and from steadier diversified equity options.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹16.1565 as of 16 Sep 2026 |
| AUM | ₹2,487 Cr |
| Expense Ratio | 0.62% |
| Launch Date | 25 Aug 2021 |
| Min SIP | ₹500 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | 1% upto 1Y, Nil on or after 1Y |
| Fund Managers | Vishal Chopda |
The fund is managed by Vishal Chopda.
Source data date: as of 16 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -4.7% | -4.41% |
| 3M | 0.11% | -3.6% |
| 1Y | -3.78% | -7.76% |
| 3Y | 8.73% | 5.74% |
| 5Y | 9.34% | 5.67% |
The recent pattern is mixed. Over the latest month, the fund and benchmark both fell, with the fund slightly weaker. Over three months, the fund managed a small gain while the Nifty 50 remained negative, which points to a short-term recovery that was better than the benchmark.
The one-year picture is still soft, but the fund did better than the benchmark by a meaningful margin. That tells us the fund has not been immune to market pressure, yet it has held up better than the index over the same stretch.
The longer-term record is more constructive. The 3-year and 5-year returns are both ahead of the benchmark, which suggests the strategy has been able to add value over a full market cycle rather than just in a brief rebound. Still, the one-year decline shows that the path is uneven and investors should expect periods when results fall behind more stable large-cap reference points.
In our view, the main read-through is that the fund has delivered better multi-year compounding than the benchmark, but it has done so with noticeable short-term swings. That combination fits a patient investor who can tolerate volatility in exchange for a stronger longer-run return profile.
Source data date: as of 16 Sep 2026
Should you BUY or HOLD UTI Focused?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding UTI Focused? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| UTI Focused Fund Direct Growth Plan | -3.78% | 8.73% | 9.34% |
| Motilal Oswal Focused Fund Direct Growth Plan | 21.91% | 13.17% | 10.03% |
| Old Bridge Focused Fund Direct Growth Plan | 12.52% | Data not available | Data not available |
| SBI Focused Fund Direct Growth Plan | 10.15% | 14.35% | 11.38% |
| Quant Focused Fund Direct Growth Plan | 7.73% | 12.17% | 12.76% |
| ITI Focused Fund Direct Growth Plan | 6.3% | 16.76% | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the latest one-year figure, the fund trails several peers that have posted positive double-digit gains, while its own 1-year return is negative. The longer view is more balanced: its 3-year and 5-year returns are ahead of the benchmark, but they remain below some peer funds that have available multi-year numbers. So the short-term and longer-term peer views do not tell the same story, and that is important for setting expectations.
Source data date: as of 16 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Eq – ICICI Bank Ltd | Bank | 9.47% |
| Eq – HDFC Bank Limited | Bank | 7.55% |
| Eq – Reliance Industries Ltd. | Crude Oil | 5.96% |
| Eq – Eternal Limited | Retailing | 5.94% |
| Eq – Larsen & Toubro Ltd. | Infrastructure | 4.88% |
| Eq – State Bank of India | Bank | 4.47% |
| Eq – Bajaj Finance Ltd. | Finance | 4.04% |
| Eq – Coforge Ltd | IT | 3.99% |
| Eq – Bharti Airtel Ltd. | Telecom | 3.64% |
| Eq – Mahindra & Mahindra Ltd. | Automobile & Ancillaries | 3.55% |
The largest holding, Eq – ICICI Bank Ltd, carries a 9.47% weight, which is large enough to have a noticeable influence on portfolio returns. The next few positions are also meaningful, but the drop from the first holding to the tenth, Eq – Mahindra & Mahindra Ltd. at 3.55%, is gradual rather than abrupt. That points to a portfolio where several positions matter, not just one dominant bet.
The top 10 holdings account for approximately 53.49% of the portfolio, and there are 30 disclosed holdings in total. That mix suggests a fairly concentrated fund with a long tail beyond the largest names. In our view, the disclosed core may drive results more than the smaller positions, but the presence of 30 holdings means the fund is not a pure one- or two-stock story.
To see all holdings, visit the UTI Focused Fund Direct Growth Plan page
Source data date: as of 16 Sep 2026
Who should invest
This fund suits investors who are comfortable with High Risk equity exposure and can hold for at least a medium-to-long horizon. The one-year decline shows that short-term drawdowns are possible, while the 3-year and 5-year figures show that the fund has been able to recover and compound better than the benchmark over longer stretches.
The main trade-off is clear: you accept sharper ups and downs in return for a portfolio that has shown stronger multi-year performance than the Nifty 50. The portfolio also leans on a relatively small set of large positions, so the fund may move more unevenly than a broad market product. That makes patience and risk tolerance more important than quick outcome expectations.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: 1% upto 1Y, Nil on or after 1Y. No exit load after holding period.
Source data date: as of 16 Sep 2026
Frequently asked questions
What is the current NAV of UTI Focused Fund Direct Growth Plan?
Its NAV is ₹16.1565 as of 16 Sep 2026.
What are the 1-year, 3-year and 5-year returns?
The fund’s 1-year return is -3.78%, its 3-year return is 8.73%, and its 5-year return is 9.34%.
How has the fund done versus the benchmark?
It has beaten the Nifty 50 over 3 years and 5 years, while the 1-year figure is less negative than the benchmark’s. Over 1 month, it was slightly weaker than the benchmark, but over 3 months it was ahead.
How does it compare with peer funds on recent returns?
Its 1-year return is weaker than several peer funds in the comparison set, while its 3-year and 5-year numbers are also below some peers with available multi-year figures. The short-term and longer-term comparison do not point in the same direction.
Is there a minimum SIP amount?
Yes, the minimum SIP amount is ₹500.
Who manages the fund and what is the exit load?
The fund is managed by Vishal Chopda. The exit load is 1% if units are sold on or before 1 year, and nil on or after 1 year.
Bottom line
UTI Focused Fund Direct Growth Plan shows a mixed short-term pattern but a more constructive longer-term record. The 1-year result is negative, yet the 3-year and 5-year returns stay ahead of the benchmark, which suggests the fund has rewarded patience more than timing. Its High Risk profile and concentrated set of large holdings mean it can move unevenly, but that same structure has supported stronger multi-year compounding than the index.
Published on 17 September 2026 at 11:19 AM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.