UTI Master Equity Plan Unit Scheme
UTI Mutual Fund·ELSS - Tax Saver Fund·vs Nifty 500 TRI
UTI Master Equity is positioned as a core large-cap play with a pronounced banking tilt, where financial services represent over a quarter of the portfolio. The manager is demonstrating selective conviction in broadening exposure beyond pure-play banking, adding infrastructure and insurance names while pruning commodity cyclicals like Vedanta, signaling a shift toward stability-focused sectors suited to tax-conscious investors.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Primary | ₹213.1153 | -1.26% | -7.70% | -9.47% | -5.13% | +9.52% | +10.14% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
68
Top 5 Weight
31.71%
Top 10 Weight
48.92%
Active Share
—
Large Cap
81.06%
Gini
0.511
What Changed2026-03-31 → 2026-04-30
Holdings: 65 → 70+8 added−3 removed24 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| EQ - ADANI PORTS AND SPECIAL ECONO | 1.16% |
| EQ - DLF LTD. | 0.80% |
| EQ - SBI LIFE INSURANCE COMPANY LTD | 0.67% |
| EQ - DR REDDYS LABORATORIES LTD. | 0.53% |
| EQ - VEDANTA ALUMINIUM METAL LTD. | 0.10% |
| EQ - TALWANDI SABO POWER LTD. | 0.10% |
| EQ - MALCO ENERGY LTD. | 0.10% |
| EQ - VEDANTA IRON AND STEEL LTD. | 0.10% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | EQ - HDFC BANK LIMITED INE040A01034 | 9.08% |
| 2 | EQ - ICICI BANK LTD INE090A01021 | 7.94% |
| 3 | EQ - RELIANCE INDUSTRIES LTD. INE002A01018 | 5.66% |
| 4 | EQ - INFOSYS LTD. INE009A01021 | 4.75% |
| 5 | EQ - LARSEN & TOUBRO LTD. INE018A01030 | 4.28% |
| 6 | EQ - BHARTI AIRTEL LTD. INE397D01024 | 4.22% |
| 7 | EQ - KOTAK MAHINDRA BANK LTD. INE237A01036 | 4.18% |
| 8 | EQ - BAJAJ FINANCE LTD. INE296A01032 | 3.96% |
| 9 | NET CURRENT ASSETS | 3.64% |
| 10 | EQ - AXIS BANK LTD. INE238A01034 | 2.54% |
| 11 | EQ - ETERNAL LIMITED INE758T01015 | 2.31% |
| 12 | EQ - AVENUE SUPERMARTS LTD. INE192R01011 | 1.92% |
| 13 | EQ - ULTRATECH CEMENT LTD. INE481G01011 | 1.85% |
| 14 | EQ - MARUTI SUZUKI INDIA LTD. INE585B01010 | 1.63% |
| 15 | EQ - STATE BANK OF INDIA INE062A01020 | 1.45% |
| 16 | EQ - TATA CONSULTANCY SERVICES LTD. INE467B01029 | 1.42% |
| 17 | EQ - HINDUSTAN AERONAUTICS LTD INE066F01020 | 1.41% |
| 18 | EQ - MAHINDRA & MAHINDRA LTD. INE101A01026 | 1.41% |
| 19 | EQ - TATA CONSUMER PRODUCTS LTD INE192A01025 | 1.39% |
| 20 | EQ - TITAN COMPANY LTD. INE280A01028 | 1.37% |
Sector Allocation
Banks26.1%
IT - Software9.4%
Petroleum Products6.2%
Retailing5.9%
Automobiles5.8%
Consumer Durables4.9%
Construction4.3%
Telecom - Services4.2%
Finance4.0%
Ferrous Metals2.2%
Top 10 sectors by % to NAV. Excludes derivatives.