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UTI Gilt Fund with 10 year Constant Duration

Gilt Fund with 10 year constant duration · UTI Asset Mgmt. Co. Ltd.

In plain words

Among the 36 similar gilt fund with 10 year constant durations we track, this one has grown money a bit faster than average. ₹1 lakh invested 3 years ago would be about ₹1.2 lakh today. Investing ₹10,000 every month for the last 3 years would have put in ₹3.7 lakh and grown it to about ₹4 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹97,260. Its ride has historically been comparatively steady.

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UTI Gilt Fund with 10 year Constant Duration is a gilt fund with 10 year constant duration from UTI Asset Mgmt. Co. Ltd.. It has a track record of about 4.1 years. As of the latest data it carries an RS rating of 72/99 (its recent momentum versus category peers) and a King Score of 83/100 (a long-term quality composite). The current NAV is ₹13.31 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 83/100 · Current momentum (RS): 72/99 · Worst-ever fall: -2.74%
72RS rating
83King Score
6.89%3Y CAGR
n/a5Y CAGR
-2.74%Max drawdown
0.12Sharpe 3Y
0.32%Expense
69AUM ₹Cr

Growth of ₹100 - last 4 years

2022-082026-08
What ₹100 invested 4 years ago would be worth today, from actual NAV history.

UTI Gilt Fund with 10 year Constant Duration returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-1.4%-1.39%
3 months0.63%0.68%
6 months1.45%1.58%
1 year3.45%3.6%
3 years (CAGR)6.89%6.98%

Its trailing one-year return is 3.45%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.

Year-by-year returns

YearUTI Gilt Fund with 10 Benchmark
2023+7.8%n/a
2024+9.6%n/a
2025+7.1%n/a
2026+2.2%n/a

Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.

What a monthly SIP in UTI Gilt Fund with 10 year Constant Duration would have made

A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.

SIP durationYou investedIt becameXIRR
3 years₹370,000₹403,5545.72%

Over 3 years, ₹370,000 invested in monthly instalments would have grown to about ₹403,554 - an XIRR of 5.72%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-2.74%-4.48%
Worst drawdown (3Y)-2.74%-2.77%
Volatility (1Y)4.11%4.19%
Sharpe (3Y)0.120.15
Bull-market return7.9%7.48%
Bear-market return9.3%9.12%

Timing matters more than people admit: the best possible 1-year stretch in UTI Gilt Fund with 10 year Constant Duration (starting 2024-04-19) gained 13.1%, while the worst (starting 2025-05-16) still made 0.5%. The worst peak-to-bottom fall UTI Gilt Fund with 10 year Constant Duration has ever put investors through is -2.74% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about 9.3% annualised, versus 7.9% in rising markets.

How UTI Gilt Fund with 10 year Constant Duration behaves when markets fall

When the market is falling (the Nifty below its 200-day average), UTI Gilt Fund with 10 year Constant Duration has historically returned about 9.3% annualised, versus roughly 7.9% when the market is rising. Its deepest fall on record is -2.74%. Right now it sits about 1.4% below its all-time high (last hit 2026-08-14). The real question isn't the average year - it's whether you could hold on through the worst one.

How UTI Gilt Fund with 10 year Constant Duration ranks in its category

Percentile versus its ~36 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

3-year return
74th
Drawdown resilience
96th
Consistency
91th
Risk-adjusted (Sharpe)
75th

Consistency (rolling returns)

MeasureValue
Median 3Y rolling CAGR8.02%
3Y windows positive100.0%
Worst 3Y window6.35%

Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, UTI Gilt Fund with 10 year Constant Duration returned a median of 8.02% a year, and 100.0% of those windows were positive.

Who manages UTI Gilt Fund with 10 year Constant Duration - and how good are they?

UTI Gilt Fund with 10 year Constant Duration is managed by Jaydeep Bhowal. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.

Jaydeep Bhowal's full record

Jaydeep Bhowal currently runs 7 funds, across Aggressive Hybrid Fund, Conservative Hybrid Fund, Gilt Fund with 10 year constant duration, Index Funds and more, with about ₹15,351 Cr under management. The book's average King Score is 70.7/100. This fund is the highest-scored fund they run (King 83/100).

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Swipe the table sideways to see all 13 columns →
#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1UTI Gilt Fund with 10 year Constant Duration (this page)72830.6%1.4%3.5%6.9%n/an/a0.128.0%-2.7%
2UTI CRISIL SDL Maturity June 2027 Index Fund81811.6%2.9%6.2%7.5%n/an/a1.077.5%-0.4%
3UTI NIFTY SDL Plus AAA PSU Bond Apr 2028- 75 25 Index Fund78771.6%2.7%6.0%7.5%n/an/a0.87.4%-0.7%
4UTI Conservative Hybrid Fund69760.3%1.7%1.4%7.5%7.5%8.0%0.249.3%-14.4%
5UTI Aggressive Hybrid Fund4765-0.6%0.9%-0.8%9.7%10.6%11.6%0.3114.3%-32.4%
6UTI CRISIL SDL Maturity April 2033 Index Fund66601.2%2.5%5.4%7.0%n/an/a0.217.5%-2.2%
7UTI Multi Asset Allocation Fund2353-0.7%2.0%3.2%14.7%12.9%11.1%0.849.8%-25.0%

A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.

Cost & fund basics

DetailValue
Expense ratio (Direct)0.32%
Exit loadNo exit load
Minimum investment₹5000
Fund size (AUM)₹69 Cr
Age4.1 years
Plan / OptionDirect · Growth

How UTI Gilt Fund with 10 year Constant Duration compares to peers

FundRSKing3Y CAGR
Bandhan Gilt Fund with 10 year constant duration Fund96827.6%
ICICI Prudential Constant Maturity Gilt Fund88817.2%
SBI Constant Maturity 10 Year Gilt Fund79806.9%
DSP 10Y G-Sec Fund50536.2%
Compare side by side. Chart UTI Gilt Fund with 10 year Constant Duration against these peers on one screen - rebased returns, drawdowns, rolling windows and stock-level overlap.
Compare these funds free →

Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.

What these numbers mean

RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.

UTI Gilt Fund with 10 year Constant Duration review: the bottom line

On the data, its strengths are a strong long-term quality score (83/100), a low expense ratio (0.32%). Whether it fits you depends on your goals, horizon and risk appetite - this page describes the fund, it does not recommend it.

Related

Frequently asked questions

Is UTI Gilt Fund with 10 year Constant Duration a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, UTI Gilt Fund with 10 year Constant Duration scores 83/100 on our King Score and RS 72/99 within its category, has compounded 6.89% a year over three years, and its worst drawdown was -2.74%. Compare those against your needs and the peer table above.

What is the NAV of UTI Gilt Fund with 10 year Constant Duration today?

The latest NAV is ₹13.31 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.

What is the expense ratio of UTI Gilt Fund with 10 year Constant Duration?

The Direct-plan expense ratio is 0.32% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.

Who is the fund manager of UTI Gilt Fund with 10 year Constant Duration?

UTI Gilt Fund with 10 year Constant Duration is managed by Jaydeep Bhowal.

Is UTI Gilt Fund with 10 year Constant Duration safe? How risky is it?

No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -2.74% - ₹1 lakh briefly becoming about ₹97,260. As a debt fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.

Is UTI Gilt Fund with 10 year Constant Duration good for SIP?

We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 3 years grew ₹3.7 lakh into about ₹4 lakh (XIRR 5.72%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.

What are the SIP returns of UTI Gilt Fund with 10 year Constant Duration?

A ₹10,000/month SIP over 3 years would have grown to about ₹403,554 (an XIRR of 5.72%) on ₹370,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does UTI Gilt Fund with 10 year Constant Duration rank among similar funds?

On 3-year returns it sits around the 74th percentile of its category, and its consistency ranks 91th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is UTI Gilt Fund with 10 year Constant Duration tax-efficient / what about capital gains?

As a debt fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.

Direct or Regular plan - which is shown here?

All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.

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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.

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