Fund Details
UTI Nifty Index Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.10% |
| NAV | ₹86.35 (27 Nov 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,853 Cr |
Fund Overview
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.1%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 13.2% |
| HDFC Bank Ltd. | Financial | Equity | 10.2% |
| Infosys Ltd. | Technology | Equity | 7.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.6% |
| ICICI Bank Ltd. | Financial | Equity | 5.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.5% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.7% |
| ITC Ltd. | FMCG | Equity | 2.9% |
| Axis Bank Ltd. | Financial | Equity | 2.4% |
Fund Managers
UTI Nifty Index Fund Direct Growth Details
UTI Nifty Index Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,853 Cr and the Latest NAV as of 27 Nov 2020 is ₹86.35.
The UTI Nifty Index Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
Investment Objective
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.
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.
