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UTI ELSS Tax Saver Fund - NAV, Returns, Portfolio | Complete Guide 2025

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Comprehensive guide on UTI ELSS Tax Saver Fund with latest NAV, returns, AUM details, fund managers, investment objective and tax benefits. Start investing from ₹500.

Investment Objective and Approach

UTI ELSS Tax Saver Fund is an open-ended equity fund investing a minimum of 80% in equity related instruments. It aims at enabling members to avail tax rebate under Section 80C of the IT Act and provide them with the benefits of growth.

With a preference for large-cap stocks, this tax-saving mutual fund primarily invests in equities and equity-related assets across the market capitalisation spectrum. It employs a hybrid method of investing and favours businesses with reliable cash flow creation, sound financial standing, and fair prices.

The fund follows a disciplined investment approach with several key characteristics:

- Diversified Equity Portfolio: Investments made using the funds collected through the fund include company warrants, fully convertible bonds, and debentures.

- Risk Management: The fund adheres to a clear investing criteria that prevents overconcentration at the sector and stock level.

- Benchmark Tracking: The benchmark for this fund is NIFTY 500 Total Return Index.

- Tax Benefits: Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.

- Lock-in Period: Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving.

Fund Managers

Vetri Subramaniam and Lalit Nambiar are the current Fund Managers of UTI ELSS Tax Saver Fund.

Lalit Nambiar's Profile:

He joined UTI AMC in 2009 as a Senior Research Analyst. Before joining UTI, he worked in Deutsche Equities India, JP Morgan and Peerless General Finance & Investment. In UTI, he was associated with Department of Securities Research & Department of Fund Management for more than 9 years.

The fund managers bring extensive experience from leading financial institutions and have deep understanding of equity markets and portfolio management strategies.

About the Fund House (AMC)

UTI Mutual Fund has a rich legacy and strong institutional backing:

- Establishment: It was registered with SEBI or the Securities and Exchange Board of India on 01 February 2003. UTI has four sponsors namely the State Bank of India (SBI), Life Insurance Corporation of India (LIC), Punjab National Bank and the Bank of Baroda.

- Historical Background: UTI Mutual Fund was launched after carving out the former Unit Trust of India by repealing the Unit Trust of India Act 1963. UTI was subsequently bifurcated into UTI Mutual Fund and SUUTI.

- Scale and Reach: The company has a widespread presence, spanning 694 districts and served through 163 financial centers and 56,600 distributors.

- Assets Under Management: As of December 2023, UTI Mutual Fund manages a total Assets Under Management (AUM) of approximately Rs. 273057 crores.

- Legacy Products: Notably, UTI Large Cap Fund (erstwhile UTI Mastershare Unit Scheme), launched in 1986, stands as one of India's oldest mutual fund schemes.

Should I Invest in UTI ELSS Tax Saver Fund?

Key Fund Metrics (as of July 2025):

- AUM: ₹3882.29 crore

- Expense Ratio (Direct Plan): 0.89%

- Since Inception Returns: The fund has delivered a CAGR of 14.54% since inception (launched on Jan 01 2013)

- Minimum Investment: ₹500 for both lump sum option and SIP (Systematic Investment Plan) option

Who Should Consider This Fund:

Suitable for:

- Tax-saving investors seeking Section 80C benefits

- Long-term wealth creation goals (5+ years)

- Investors comfortable with equity market volatility

- First-time equity investors looking for professional management

Investment Considerations:

- Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years

- The 3-year lock-in period promotes disciplined long-term investing

- Equity-linked investments carry market risks

- Historical performance doesn't guarantee future returns

FAQs

What is today's NAV of UTI ELSS Tax Saver Fund?

The NAV changes daily based on market movements. You can check the latest NAV on Allvest platform or the fund house website for real-time updates.

What is the AUM of UTI ELSS Tax Saver Fund?

The AUM of UTI ELSS Tax Saver Fund is ₹3882.29 crore as of July 2025.

What is the expense ratio of UTI ELSS Tax Saver Fund?

The expense ratio of UTI ELSS Tax Saver Fund is 0.89% for the direct plan, which is quite competitive in the ELSS category.

What are the returns of UTI ELSS Tax Saver Fund since inception?

The fund has delivered a CAGR of 14.54% since inception, launched on January 1, 2013.

What is the minimum SIP amount to invest in UTI ELSS Tax Saver Fund?

The minimum SIP for UTI ELSS Tax Saver Fund is ₹500, making it accessible for small investors.

How do I invest in UTI ELSS Tax Saver Fund?

You can invest through Allvest platform by selecting the fund, choosing between SIP or lump sum, completing KYC requirements, and making payment through various modes.

How to start a SIP in UTI ELSS Tax Saver Fund?

On Allvest, select UTI ELSS Tax Saver Fund, choose SIP option, set your monthly amount (minimum ₹500), select SIP date, and set up auto-debit instructions.

How do I automate an SIP in UTI ELSS Tax Saver Fund?

Set up a mandate or auto-debit facility through Allvest platform which will automatically deduct your SIP amount on the chosen date each month.

How can I withdraw/redeem my investment in UTI ELSS Tax Saver Fund?

You can redeem after the mandatory 3-year lock-in period through Allvest platform by placing a redemption request. Partial or full redemption is allowed post lock-in.