Fund Details
UTI Nifty Exchange Traded Fund IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.07% |
| NAV | ₹1500.88 (22 Apr 2021) |
|---|---|
| Fund Started | 01 Sep 2015 |
| Fund Size | ₹23,672 Cr |
Returns
Comparison
1. Lower expense ratio - 0.06885965%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.3% |
| Reliance Industries Ltd. | Energy | Equity | 10.2% |
| Infosys Ltd. | Technology | Equity | 8.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.1% |
| ICICI Bank Ltd. | Financial | Equity | 6.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.4% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| Axis Bank Ltd. | Financial | Equity | 2.8% |
Fund Managers
UTI Nifty Exchange Traded Fund IDCW Details
UTI Nifty Exchange Traded Fund IDCW is a Others Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 01 Sep 2015. Kamal Gada is the Current Fund Manager of UTI Nifty Exchange Traded Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹23,672 Cr and the Latest NAV as of 22 Apr 2021 is ₹1500.88.
The UTI Nifty Exchange Traded Fund IDCW is rated Very High risk. Minimum SIP Investment is set to 5000.
Investment Objective
The scheme seeks to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
