UTI CRISIL SDL Maturity June 2027 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

UTI CRISIL SDL Maturity June 2027 Index Fund Direct Growth Plan has a NAV of ₹13.0121 as of 17 Sep 2026 and an AUM of ₹65 Cr. Its 1-year, 3-year and 5-year returns are 6.14%, 7.47% and 0% respectively, and it sits in the Balanced Risk category. Our view is that this is a fairly focused index strategy for investors who want state development loan exposure with limited complexity, but the recent return pattern still needs to be read alongside a benchmark that has been weak over the same horizons.

The fund’s profile points to a steady, maturity-linked debt allocation rather than a broad market style. That can suit investors who are comfortable with moderate risk and a defined holding horizon, especially when the underlying portfolio is concentrated in a handful of government securities. The trade-off is that returns may be more muted than equity-led alternatives, even if the path can be more contained.

Quick facts

Particular	Details
NAV	₹13.0121 as of 17 Sep 2026
AUM	₹65 Cr
Expense Ratio	0.15%
Launch Date	11 Jan 2023
Min SIP	₹500
Risk Category	Balanced Risk
Benchmark	Nifty 50
Fund Category	Index Funds
Exit Load	No exit load
Fund Managers	Jaydeep Bhowal

The fund is managed by Jaydeep Bhowal.

Source data date: as of 17 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	0.35%	-3.66%
3M	1.41%	-3.71%
1Y	6.14%	-7.13%
3Y	7.47%	5.82%
5Y	Data not available	Data not available

The near-term picture is better than the benchmark. Over 1 month, 3 months and 1 year, the fund stayed positive while the benchmark was negative, which tells us the scheme has been much steadier in a difficult stretch for the comparison index.

The 3-year return is more balanced. At 7.47%, the fund is ahead of the benchmark’s 5.82%, so the longer window still supports the fund’s ability to compound better than the comparison index, even if the gap is narrower than in the recent period.

The path has not been perfectly smooth, though. The return trend over the 3-year period shows some swings, which is normal for a portfolio built around state development loans and cash equivalents, but the broader direction has remained constructive. That matters because the fund’s edge is not just a single strong quarter; it has also held up better than the benchmark across the more recent windows.

The 5-year figure is not available because the scheme history is shorter than that horizon, so the main read-through comes from the 1-year and 3-year data. Taken together, the fund looks more resilient than the benchmark in the recent cycle, while still behaving like a debt-oriented index product rather than a high-growth return engine.

Source data date: as of 17 Sep 2026

Should you BUY or HOLD UTI CRISIL SDL Maturity June 2027 Index?

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 CRISIL SDL Maturity June 2027 Index Fund Direct Growth Plan	6.14%	7.47%	Data not available
ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan	29.31%	30.01%	Data not available
Tata Nifty Capital Markets Index Fund Direct Growth Plan	21.45%	Data not available	Data not available
Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan	21.13%	Data not available	Data not available
Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Plan	20.68%	Data not available	Data not available
ICICI Pru Nifty Pharma Index Fund Direct Growth Plan	17.57%	18.84%	Data not available

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

The fund’s 1-year return trails the equity-style peer group in this table, which is expected given its debt-linked structure. Even so, its 3-year return compares more favourably than some peers that have no longer-term figure available, and it remains positive over both recent and medium-term windows.

The more important distinction is that the peer table tells two different stories: high-return equity index funds dominate the short-term numbers, while this fund is built for a very different objective. On available longer-term data, the fund’s 3-year return is constructive, but it is still modest versus the stronger return profiles shown by the equity-linked peers with a 3-year record.

Source data date: as of 17 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
7.52% GJ SDL 2027- 24/05/2027	Government Securities	15.44%
7.64% Uttarpradesh SDL 29/03/2027	Government Securities	15.41%
7.51 % MH SDL Mat – 24/05/2027	Government Securities	14.67%
7.53% Haryana SDL-24/05/2027	Government Securities	7.72%
7.76% MP SDL Mat – 01/03/2027	Government Securities	7.7%
7.78% WB SDL Mat – 01/03/2027	Government Securities	7.7%
6.90% Ap SDL Mat – 22/04/27	Government Securities	7.68%
6.35% Ap SDL Mat – 06/05/2027	Government Securities	7.65%
Net Current Assets	Cash & Cash Equivalents and Net Assets	4.52%
07.75 Ka SDL Mat 01/03/2027	Government Securities	2.7%

The largest disclosed holding is 7.52% GJ SDL 2027- 24/05/2027 at 15.44%, which is a meaningful single-position weight for a maturity-focused debt fund. The tenth holding is still 2.7%, so the weight falls away, but not in a dramatic cliff-like pattern; most of the disclosed positions remain material.

The top ten holdings together account for approximately 91.19% of the portfolio, and there are 16 disclosed holding rows in total. That tells us the portfolio is fairly concentrated in a limited set of SDL positions, with government securities dominating the visible allocation and a smaller cash-like buffer sitting in net current assets.

Because the disclosed holdings are concentrated in state development loans maturing around 2027, the portfolio may be influenced more by duration and carry than by broad market themes. The concentration could help keep the structure easy to follow, but it also means a handful of positions are likely to have greater influence on the scheme’s outcome than a widely diversified debt portfolio.

To see all holdings, visit the UTI CRISIL SDL Maturity June 2027 Index Fund Direct Growth Plan page

Source data date: as of 17 Sep 2026

Who should invest

This fund may suit investors who are comfortable with a Balanced Risk profile and want a debt-oriented exposure that is more focused than a broad bond portfolio. The return pattern shows positive results over 1 year and 3 years, while the benchmark has been weaker over the same recent windows, so the main appeal is relative steadiness rather than aggressive growth.

The better fit is a medium-term horizon, especially for investors who can hold until the SDL maturity window plays out. The trade-off is clear: you may accept a narrower return path and concentration in a few government securities in exchange for a structure that has held up better than the benchmark over the recent period.

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: No exit load.

Source data date: as of 17 Sep 2026

Frequently asked questions

What is the current NAV of UTI CRISIL SDL Maturity June 2027 Index Fund Direct Growth Plan?
The current NAV is ₹13.0121 as of 17 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s returns are 6.14% over 1 year, 7.47% over 3 years and Data not available for 5 years.

How does it compare with the benchmark?
It has outperformed the benchmark over 1 month, 3 months, 1 year and 3 years. The benchmark has been negative over the shorter windows, while the fund has stayed positive.

How does it compare with peer funds on available return data?
Its return profile is lower than the equity-style peers shown on 1-year numbers, but it remains positive and more stable in line with its debt-focused structure. On the 3-year figure, it is still constructive, though not in the same range as the strongest equity-linked peers with longer records.

What is the minimum SIP amount?
The minimum SIP amount is ₹500.

Who manages the fund and what is the exit load?
The fund is managed by Jaydeep Bhowal. The exit load is no exit load.

Bottom line

This fund has shown a better recent return pattern than its benchmark, and its 3-year figure also stays ahead of the comparison index. The peer table, however, makes clear that it belongs to a very different return bucket from equity-linked index funds. The portfolio is heavily anchored in a small set of SDL positions, so the structure is concentrated but easy to understand. For investors who want a maturity-linked debt allocation and can tolerate moderate risk, the case rests on steadiness rather than headline growth.

Published on 18 September 2026 at 9:59 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.