| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.10% |
| NAV | ₹37.52 (07 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,362 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 12.4% |
| HDFC Bank Ltd. | Financial | Equity | 10.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.0% |
| Infosys Ltd. | Technology | Equity | 6.2% |
| ICICI Bank Ltd. | Financial | Equity | 5.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.6% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.5% |
| ITC Ltd. | FMCG | Equity | 3.9% |
| Bharti Airtel Ltd. | Communication | Equity | 3.1% |
UTI Nifty Index Fund Direct Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,362 Cr and the Latest NAV as of 07 Aug 2020 is ₹37.52.
The UTI Nifty Index Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The fund aims to invest in stocks listed in S & P Index in same weight age as in S & P Index
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.