Today I noticed something unusual. Multiple variants of UTI Liquid Fund appeared to show an NAV that was approximately one-tenth of the previous day’s value.
For investors using automated portfolio tracking platforms, this may result in a temporary dip in reported portfolio value, distorted return calculations, or unusual performance charts. Since many tracking tools rely on external NAV feeds, a single incorrect data point can sometimes affect portfolio reporting across multiple platforms.
At the time of writing, the same pattern appears across multiple variants of UTI Liquid Fund, suggesting that this may be a data publishing or processing issue rather than something specific to an individual scheme.
If you noticed an unexpected dip in your portfolio around 20 June 2026 and hold UTI Liquid Fund, there is probably no reason to worry. It may simply be a temporary blip in the data or reporting process that will be corrected once updated NAV information becomes available.
One of the benefits of portfolio tracking tools is convenience. At the same time, this serves as a useful reminder that automated reports are only as reliable as the data feeding them. When something appears unusual, it is often worth waiting for confirmation before drawing conclusions.
Update: It appears that the NAV change was related to a face value change rather than a technical glitch in the NAV update process.
The face value of a mutual fund is the original value assigned to each unit when the scheme is launched, typically ₹10. While investors generally track the NAV, fund houses can occasionally change the face value structure through a unit split or re-denomination. When this happens, the NAV per unit decreases, but investors receive a corresponding increase in the number of units they hold, leaving the overall value of their investment unchanged.
However, investors using Google Sheets or other custom portfolio trackers may still notice a temporary dip in portfolio value if their unit holdings are stored manually and are not automatically adjusted for the face value change. In such cases, the portfolio value may appear lower until the unit count is updated to reflect the additional units. Investors should have received an email communication with latest statement and official number of units as per latest change in face value.
This serves as a useful reminder that automated portfolio calculations are only as accurate as the underlying data and adjustments being tracked.
If a temporary reporting issue can make your portfolio appear to lose value overnight, imagine how tempting it can be to react during a real market correction. How should you respond when your portfolio jumps 5% in a week—or falls by ₹40 lakh during a market crash?