|Min SIP Amount||₹500|
|NAV||₹48.42 (22 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹3,592 Cr|
|HDFC Bank Ltd.||Financial||Equity||10.3%|
|Reliance Industries Ltd.||Energy||Equity||10.2%|
|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%|
|Axis Bank Ltd.||Financial||Equity||2.8%|
UTI Nifty Index Fund Direct IDCW is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Kaushik Basu is the Current Fund Manager of UTI Nifty Index Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹3,592 Cr and the Latest NAV as of 22 Apr 2021 is ₹48.42.
The UTI Nifty Index Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The scheme seeks to invest in stocks of companies comprising Nifty 50 Index and endeavor to achieve return equivalent to Nifty 50 Index by passive investment.
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.