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

UTI Value Fund Direct Growth Plan currently has a NAV of ₹179.433 as of 09 Sep 2026 and manages ₹9,572 Cr. Its 1-year, 3-year and 5-year returns are -3.05%, 11.75% and 11.09% respectively, and it sits in the High Risk category.

Our view is that this is a value-oriented equity fund that has handled the longer stretch better than the recent one. The portfolio is anchored by large financial and technology names, so the fund may suit investors who can tolerate sharp short-term swings and are comfortable waiting through uneven stretches for the strategy to play out.

Quick facts

Particular	Details
NAV	₹179.433 as of 09 Sep 2026
AUM	₹9,572 Cr
Expense Ratio	1.18%
Launch Date	01 Jan 2013
Min SIP	₹500
Risk Category	High Risk
Benchmark	Nifty 50
Fund Category	Equity
Exit Load	Nil upto 10% of units and 1% for remaining units on or before 1Y, Nil after 1Y
Fund Managers	Amit Premchandani

The fund is managed by Amit Premchandani.

Source data date: as of 09 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-3.89%	-4.69%
3M	2.95%	0.93%
1Y	-3.05%	-7.16%
3Y	11.75%	6.00%
5Y	11.09%	5.87%

The near-term pattern is mixed but not weak in every window. Over 1 month, the fund fell less than the benchmark, and over 3 months it moved ahead of the benchmark. That matters because it shows the portfolio has not been moving in lockstep with the index during the latest stretch.

The 1-year figure is still negative, but it is less negative than the benchmark. That tells us the fund has held up better than the benchmark over the last year, even though absolute returns were not positive. For an equity fund, that is a softer outcome than the longer-term picture, where the 3-year and 5-year returns are both comfortably ahead of the benchmark.

On the longer horizon, the fund’s 3-year return of 11.75% and 5-year return of 11.09% point to a more durable compounding pattern than the recent 1-year stretch suggests. The benchmark returns of 6.00% and 5.87% show a wider gap over these periods, so the fund has added more value than the index across the medium to long term. Our read is that this is a strategy that can lag or protect in different market phases, rather than track the index closely.

That mix of short-term weakness and longer-term strength is important for expectations. Investors looking at only the latest year may see a softer picture, but the multi-year numbers suggest the fund has rewarded patience better than the index has over the same periods.

Source data date: as of 09 Sep 2026

Should you BUY or HOLD UTI Value?

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 Value Fund Direct Growth Plan	-3.05%	11.75%	11.09%
Quant Value Fund Direct Growth Plan	22.09%	20.52%	Data not available
LIC MF Value Fund Direct Growth Plan	22.04%	17.1%	14.06%
Aditya Birla SL Value Fund Direct Growth Plan	15.25%	14.59%	14.83%
Mahindra Manulife Value Fund Direct Growth Plan	13.96%	Data not available	Data not available
Axis Value Fund Direct Growth Plan	10.68%	18.03%	Data not available

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

Against the peer set, the fund’s 1-year return is clearly weaker than the stronger recent numbers posted by several peers. The gap is meaningful, especially versus funds that have delivered returns in the mid-teens to low-twenties over the same period.

The longer-term comparison is more balanced. The fund’s 3-year and 5-year returns are respectable and ahead of some peers with available data, even though a few peers have stronger recent 1-year and 3-year outcomes. The short-term and longer-term comparisons therefore tell different stories: the latest year looks subdued, while the multi-year record looks steadier.

That split is useful for framing expectations. The fund is not matching the best recent peer numbers, but its longer-horizon pattern still looks serviceable relative to several comparable value funds with disclosed history.

Source data date: as of 09 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
Eq – HDFC Bank Limited	Bank	7.52%
Eq – ICICI Bank Ltd	Bank	6.49%
Eq – Bharti Airtel Ltd.	Telecom	4.12%
Eq – Kotak Mahindra Bank Ltd.	Bank	3.94%
Eq – Axis Bank Ltd.	Bank	3.87%
Eq – State Bank of India	Bank	3.43%
Eq – Infosys Ltd.	IT	3.38%
Eq – Mahindra & Mahindra Ltd.	Automobile & Ancillaries	3.14%
Eq – Tech Mahindra Ltd.	IT	2.59%
Eq – Reliance Industries Ltd.	Crude Oil	2.53%

The largest holding, HDFC Bank Limited, carries a weight of 7.52%, which is significant but not overwhelming on its own. The next few positions are also large enough to matter, especially ICICI Bank, Bharti Airtel and the other bank holdings that sit close behind it.

The drop from the top holding to the tenth holding is moderate rather than steep. That suggests the portfolio is not dependent on a single outsized position, even though financials clearly carry meaningful influence through several of the largest names.

The top 10 holdings account for approximately 41.01% of the portfolio, and the scheme discloses 62 holdings in total. Our read is that this points to a reasonably diversified structure with a noticeable core in a handful of large positions, while the remaining holdings may provide breadth beyond the visible top names.

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

Source data date: as of 09 Sep 2026

Who should invest

This fund may suit investors with a high tolerance for equity volatility and a medium-to-long investment horizon. The High Risk label matters here because the one-year return has been negative, even though the 3-year and 5-year figures are stronger and ahead of the benchmark.

It may appeal to investors who are comfortable with periods of underperformance in exchange for the possibility of better multi-year compounding than the benchmark. The portfolio’s heavy presence in banks, plus exposure to telecom and IT, means returns can be influenced by a small set of major businesses rather than a very broad market mix.

The main trade-off is straightforward: you accept short-term inconsistency for a record that has improved over longer holding periods. Investors who need smoother near-term outcomes may find that uncomfortable, while those who can stay invested through cyclical swings may view the pattern more constructively.

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 upto 10% of units and 1% for remaining units on or before 1Y, Nil after 1Y.

Source data date: as of 09 Sep 2026

Frequently asked questions

What is the current NAV of UTI Value Fund Direct Growth Plan?

The current NAV is ₹179.433 as of 09 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?

The fund’s returns are -3.05% for 1 year, 11.75% for 3 years and 11.09% for 5 years.

How does the fund compare with the benchmark?

It has lagged the benchmark over 1 year but stayed ahead over 3 years and 5 years. Over 1 month and 3 months, it also moved differently from the benchmark rather than closely mirroring it.

How does the fund compare with peer value funds on recent performance?

Its 1-year return is weaker than several peers with stronger recent numbers, while its 3-year and 5-year returns are more competitive than some peers with available longer-term data. The recent and longer-term comparison do not point in the same direction.

Is there a minimum SIP amount?

The minimum SIP amount is ₹500.

Who manages the fund and what is the exit load?

The fund is managed by Amit Premchandani. The exit load is nil up to 10% of units and 1% for remaining units on or before 1 year, and nil after 1 year.

Bottom line

UTI Value Fund Direct Growth Plan has a mixed recent record but a stronger multi-year shape. The latest 1-year return is negative, yet the 3-year and 5-year numbers are ahead of the benchmark, which suggests the strategy has rewarded patience better than recent market conditions alone would imply. The fund is High Risk and its portfolio leans heavily on large banks, with additional exposure to telecom and IT, so investors should expect meaningful swings rather than smooth returns.

Published on 10 September 2026 at 4:26 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.