UTI LONG TERM EQUITY FUND

UTI LONG TERM EQUITY Online

Best SIP Funds to Invest Online

This tax-saving fund has a patchy track record, having under performed its peers and, at times, its benchmark index, for many years. The fund's portfolio is tilted towards the larger blue chips compared to peers in the same category. Most of the top fund holdings are benchmark heavyweights, although the fund manager is comfortable scouting beyond the benchmark for its smaller holdings. With around 90 stocks, however, the portfolio is diversified to the extreme, showing a lack of conviction. Over the last three and five years, the fund has captured lesser of the market upside than its peers and comparatively higher downside. With an unfavourable risk-reward profile compared to peers, investors can look elsewhere for their tax-saving needs.