UTI Mastershare mutual fund review: Modest outperformer; invest only with a longer timeframe in mind Synopsis The fund has struggled to outperform in recent years even as longer-term track record suggests modest outperformance. Its focus on delivering superior risk-adjusted return over the long run can lead to bouts of underperformance in the near term. ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. How the fund has performed 80719686 Where the fund investes 80719694 Basic facts Date of launch: 18 Oct, 1986