UTI Aggressive Hybrid Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

UTI Aggressive Hybrid Fund Direct Growth Plan has a NAV of ₹434.5268 as of 09 Sep 2026 and an AUM of ₹6,740 Cr. Its 1-year, 3-year and 5-year returns are 1.95%, 10.72% and 11.31%, and it carries a High Risk profile. Our view is that the fund has offered steadier long-term compounding than recent short-term momentum, so it may suit investors who can tolerate equity-led swings in exchange for hybrid allocation support.

The fund combines large bank, IT and infrastructure positions with debt and cash exposures, which can moderate the equity side but does not remove market risk. The recent return pattern has been softer than the longer-term profile, while the 5-year record remains better than the benchmark’s pace over the same span.

Quick facts

Particular	Details
NAV	₹434.5268 as of 09 Sep 2026
AUM	₹6,740 Cr
Expense Ratio	1.23%
Launch Date	01 Jan 2013
Min SIP	₹500
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Hybrid
Exit Load	Nil for 10% of units and 1% for remaining units on or before 12M, Nil after 12M
Fund Managers	V. Srivatsa, Jaydeep Bhowal

The fund is managed by V. Srivatsa and Jaydeep Bhowal.

Source data date: as of 09 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-3.18%	-4.69%
3M	2.61%	0.93%
1Y	1.95%	-7.16%
3Y	10.72%	6%
5Y	11.31%	5.87%

The near-term picture has been uneven. Over 1 month, the fund fell less than the benchmark, which suggests relative resilience in a weak market, but the 3-month gain was also healthier than the index.

The 1-year comparison is more meaningful because it shows the fund in positive territory while the benchmark stayed negative. That gap matters because it indicates the hybrid mix has cushioned the portfolio better than a plain market benchmark over the last year.

The longer view is stronger. The 3-year and 5-year returns are both comfortably ahead of the benchmark, and the spread is wide enough to show that the fund has compounded better across a full market cycle rather than only during a brief rebound.

At the same time, the recent path has not been smooth. The 1-year pattern includes periods of weakness and recovery, which is consistent with a high-risk hybrid fund that still carries a meaningful equity tilt. Our reading is that the fund has delivered stronger long-term participation than recent short-term results might suggest.

Source data date: as of 09 Sep 2026

Should you BUY or HOLD UTI Aggressive Hybrid?

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.

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Peer comparison

Fund	1Y return	3Y return	5Y return
UTI Aggressive Hybrid Fund Direct Growth Plan	1.95%	10.72%	11.31%
Bank of India Aggressive Hybrid Fund Direct Growth Plan	16.72%	17.24%	15.03%
HSBC Multi Asset Active FOF Direct Growth Plan	16.2%	15.61%	12.48%
Quant Aggressive Hybrid Fund Direct Growth Plan	11.83%	13%	13.19%
Navi Aggressive Hybrid Fund Direct Growth Plan	10.06%	12%	11.52%
HSBC Aggressive Hybrid Active FOF Direct Growth Plan	9.69%	12.74%	11.11%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

The fund’s 1-year return is well below the peer set shown here, while its 3-year and 5-year numbers are also weaker than several peers with available data. That tells us the fund has not matched the faster recent compounding seen in some other aggressive hybrid or multi-asset strategies.

The longer-term comparison is more mixed. Its 5-year return is still above the benchmark discussed earlier, but the peer table shows several funds with stronger 3-year and 5-year outcomes. So the gap is not just a recent issue; it also appears in the longer compounding window.

That said, the short-term and longer-term comparisons do not tell exactly the same story. The fund has held up better than the benchmark over 1 year and 5 years, but it has lagged the peer group on the same figures, which suggests a more modest compounding profile relative to this peer set.

Source data date: as of 09 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Eq – HDFC Bank Limited	Bank	5.79%
Eq – ICICI Bank Ltd	Bank	5.72%
Eq – Reliance Industries Ltd.	Crude Oil	3.95%
Eq – Infosys Ltd.	IT	3.81%
Net Current Assets	Cash & Cash Equivalents and Net Assets	3.36%
Eq – Larsen & Toubro Ltd.	Infrastructure	3.12%
Eq – State Bank of India	Bank	3.08%
Eq – Bharti Airtel Ltd.	Telecom	2.45%
NCD National Bank for Agriculture and Rural Development	Corporate Debt	2.38%
Eq – ITC Ltd.	FMCG	2.34%

The largest disclosed holding, HDFC Bank Limited, is 5.79%, so no single position dominates the visible part of the portfolio. The tenth holding, ITC Ltd., is 2.34%, which shows a noticeable drop from the top position but not an extreme cliff.

The displayed holdings together account for approximately 36% of the portfolio, and there are 66 disclosed holding rows in total. That combination points to a portfolio that is not concentrated in just a handful of names alone, even though the biggest positions can still move the fund meaningfully.

Bank stocks are prominent in the top layer, with HDFC Bank, ICICI Bank and State Bank of India all appearing among the leading holdings. Alongside that, the mix also includes equity exposure to reliance on infrastructure, IT, telecom, debt and cash-like assets, so the fund may have more than one return driver across market conditions.

To see all holdings, visit the UTI Aggressive Hybrid Fund Direct Growth Plan page

Source data date: as of 09 Sep 2026

Who should invest

This fund fits investors who are comfortable with High Risk and can hold through uneven short-term moves. The 1-year record is weak versus the longer-term track, so it is better viewed as a fund for those who can wait for the multi-year outcome to matter.

The cleaner fit is an investment horizon of at least 3 to 5 years. The main trade-off is that the hybrid structure may soften some equity volatility, but the fund still behaves like a risk-bearing growth option rather than a defensive income product.

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: Nil for 10% of units and 1% for the remaining units if sold within 12 months; no exit load after the holding period.

Source data date: as of 09 Sep 2026

Frequently asked questions

What is the current NAV of UTI Aggressive Hybrid Fund Direct Growth Plan?
Its current NAV is ₹434.5268 as of 09 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s 1-year, 3-year and 5-year returns are 1.95%, 10.72% and 11.31%.

How does the fund compare with the benchmark?
It has beaten the Nifty 50 over 1 year, 3 years and 5 years. The gap is especially clear over the 3-year and 5-year periods.

How does it compare with the peer funds listed here?
Its recent and longer-term returns are weaker than several of the listed peer funds on the same periods. The 1-year gap is the most visible.

Is there a minimum SIP amount?
The minimum SIP amount is ₹500.

What should investors know about risk, portfolio and fund management?
The fund is tagged High Risk and is managed by V. Srivatsa and Jaydeep Bhowal. Its top holdings lean heavily toward banks, with additional exposure to IT, infrastructure, telecom, debt and cash-like assets.

Bottom line

UTI Aggressive Hybrid Fund Direct Growth Plan has a longer-term record that is stronger than its recent short-term showing, and it has stayed ahead of the benchmark over the main trailing periods. Against the peer set shown here, however, the return profile is softer across 1 year, 3 years and 5 years. The portfolio is led by banks, with support from a broader mix of equity and debt exposures, so the fund may suit investors who want hybrid participation but can accept High Risk and a multi-year holding period.

Published on 10 September 2026 at 3:30 PM 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.