Name: UTI Nifty Next 50 Index Fund Direct Growth
Brand: UTI Mutual Fund

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UTI Nifty Next 50 Index Fund Direct Growth
Other
Index
Very High Risk
19.09%
3Y annualised
-1.73% 1D
1M
6M
1Y
3Y
All
 NAV: 20 Oct 2021₹15.69
Min. SIP amount₹500
Rating2star
Fund size₹1,330.11 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other Index
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA58.2%19.1%14.5%
Category averageNA48.0%13.9%NA
Rank with in categoryNA1348NA
Understand termsinfo
Holdings (50)NameSectorInstrumentAssets
Info Edge (India) Ltd.
ServicesEquity4.0%
Avenue Supermarts Ltd.
ServicesEquity3.8%
Apollo Hospitals Enterprise Ltd.
HealthcareEquity3.7%
ICICI Lombard General Insurance Company Ltd.
InsuranceEquity3.3%
Adani Enterprises Ltd.
ServicesEquity3.3%
Godrej Consumer Products Ltd.
FMCGEquity3.2%
Vedanta Ltd.
MetalsEquity3.0%
Pidilite Industries Ltd.
ChemicalsEquity3.0%
Dabur India Ltd.
FMCGEquity2.9%
Adani Green Energy Ltd.
EngineeringEquity2.8%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Other Index
thumb_up_altPros
Consistently higher annualised returns than category average for the past 1Y and 3Y
Exit load is zero
Lower expense ratio: 0.32%
thumb_down_altCons
Lower alpha: -0.51
The fund has generated returns lower than benchmark - NIFTY Next 50 TRI - in the last 3Y 
Low rating: 2
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Aug 2021 - Present
0.32%
31 Jul 2021 - 31 Aug 2021
0.32%
30 Jun 2021 - 31 Jul 2021
0.32%
31 May 2021 - 30 Jun 2021
0.32%
30 Apr 2021 - 31 May 2021
0.34%
31 Mar 2021 - 30 Apr 2021
0.34%
28 Feb 2021 - 31 Mar 2021
0.34%
31 Jan 2021 - 28 Feb 2021
0.34%
31 Dec 2020 - 31 Jan 2021
0.33%
30 Nov 2020 - 31 Dec 2020
0.33%
31 Oct 2020 - 30 Nov 2020
0.32%
30 Sep 2020 - 31 Oct 2020
0.32%
31 Aug 2020 - 30 Sep 2020
0.32%
31 Jul 2020 - 31 Aug 2020
0.31%
30 Jun 2020 - 31 Jul 2020
0.27%
31 May 2020 - 30 Jun 2020
0.27%
30 Apr 2020 - 31 May 2020
0.27%
31 Mar 2020 - 30 Apr 2020
0.27%
29 Feb 2020 - 31 Mar 2020
0.27%
31 Jan 2020 - 29 Feb 2020
0.27%
31 Dec 2019 - 31 Jan 2020
0.27%
30 Nov 2019 - 31 Dec 2019
0.27%
31 Oct 2019 - 30 Nov 2019
0.27%
30 Sep 2019 - 31 Oct 2019
0.27%
31 Aug 2019 - 30 Sep 2019
0.27%
31 Jul 2019 - 31 Aug 2019
0.27%
30 Jun 2019 - 31 Jul 2019
0.27%
31 May 2019 - 30 Jun 2019
0.27%
30 Apr 2019 - 31 May 2019
0.27%
31 Mar 2019 - 30 Apr 2019
0.27%
28 Feb 2019 - 31 Mar 2019
0.27%
31 Jan 2019 - 28 Feb 2019
0.27%
31 Dec 2018 - 31 Jan 2019
0.27%
30 Nov 2018 - 31 Dec 2018
0.27%
31 Oct 2018 - 30 Nov 2018
0.27%
30 Sep 2018 - 31 Oct 2018
0.27%
31 Aug 2018 - 30 Sep 2018
0.27%
Expense ratio, exit load and taxExpense ratio: 0.32%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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.
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementKaushik Basu
Jun 2018 - Present
View details
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Education
Mr. Basu is a B.Com (H), CAIIB, ICWA and LLB degree.
Experience
He has been associated with UTI AMC for over a decade.
Also manages these schemes
UTI Children's Career Fund Savings Plan Regular Plan
UTI Nifty Index Fund Regular Plan Growth
UTI Nifty Index Fund Regular Plan IDCW
UTI Children's Career Fund Investment Plan Regular Plan IDCW
UTI Children's Career Fund Investment Plan Regular Plan Growth
UTI Nifty Index Fund Direct Growth
UTI Nifty Index Fund Direct IDCW
UTI Children's Career Fund Investment Plan Direct Growth
UTI Children's Career Fund Savings Plan Direct Plan
UTI Nifty Exchange Traded Fund IDCW
UTI Sensex Exchange Traded Fund IDCW
UTI Nifty Next 50 Exchange Traded Fund Growth
UTI Nifty Next 50 Index Fund Regular Growth
UTI Nifty Next 50 Index Fund Direct Growth
Sharwan Kumar Goyal
Jul 2018 - Present
View details
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Education
Mr.Goyal is B.Com, CFA and MMS.
Experience
He began his career with UTI in June 2006 and has 15 years of overall experience in Risk / Fund management. Presently he is working as Equity Fund Manager.
Also manages these schemes
UTI Nifty Index Fund Regular Plan Growth
UTI Nifty Index Fund Regular Plan IDCW
UTI Arbitrage Fund Regular Plan IDCW
UTI Arbitrage Fund Regular Plan Growth
UTI Gold Exchange Traded Fund
UTI Nifty Index Fund Direct Growth
UTI Nifty Index Fund Direct IDCW
UTI Arbitrage Fund Direct Growth
UTI Arbitrage Fund Direct IDCW
UTI Nifty Exchange Traded Fund IDCW
UTI Sensex Exchange Traded Fund IDCW
UTI Nifty Next 50 Exchange Traded Fund Growth
UTI Focussed Equity Fund Series IV (1104 Days) Regular Growth
UTI Focussed Equity Fund Series IV (1104 Days) Direct IDCW
UTI Focussed Equity Fund Series IV (1104 Days) Direct Growth
UTI Focussed Equity Fund Series IV (1104 Days) Regular IDCW
UTI Focussed Equity Fund Series VI (1150 Days) Direct Growth
UTI Focussed Equity Fund Series VI (1150 Days) Regular Growth
UTI Focussed Equity Fund Series VI (1150 Days) Regular IDCW
UTI Focussed Equity Fund Series VI (1150 Days) Direct IDCW
UTI Nifty Next 50 Index Fund Regular Growth
UTI Nifty Next 50 Index Fund Direct Growth
UTI Bank Exchange Traded Fund Growth
UTI Nifty200 Momentum 30 Index Fund Direct Growth
UTI Nifty200 Momentum 30 Index Fund Regular Growth
Kamal Gada
Jul 2018 - Present
View details
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Education
Mr. Gada is B.com, CA, CS, & CFA
Experience
Prior to joining UTI Mutual Fund he has worked with BPCL as Senior Accounts Officer.
Also manages these schemes
UTI Nifty Index Fund Regular Plan Growth
UTI Nifty Index Fund Regular Plan IDCW
UTI Arbitrage Fund Regular Plan IDCW
UTI Arbitrage Fund Regular Plan Growth
UTI Gold Exchange Traded Fund
UTI Nifty Index Fund Direct Growth
UTI Nifty Index Fund Direct IDCW
UTI Arbitrage Fund Direct Growth
UTI Arbitrage Fund Direct IDCW
UTI Nifty Exchange Traded Fund IDCW
UTI Sensex Exchange Traded Fund IDCW
UTI Nifty Next 50 Exchange Traded Fund Growth
UTI Nifty Next 50 Index Fund Regular Growth
UTI Nifty Next 50 Index Fund Direct Growth
UTI Corporate Bond Fund Regular IDCW Yearly
UTI Corporate Bond Fund Direct Growth
UTI Corporate Bond Fund Direct Flexi IDCW
UTI Corporate Bond Fund Direct IDCW Yearly
UTI Corporate Bond Fund Regular Growth
UTI Corporate Bond Fund Direct IDCW Quarterly
UTI Equity Savings Fund Regular Growth
UTI Equity Savings Fund Regular IDCW
UTI Equity Savings Fund Regular IDCW Monthly
UTI Equity Savings Fund Direct IDCW Monthly
UTI Equity Savings Fund Direct Growth
UTI Equity Savings Fund Direct IDCW
UTI Small Cap Fund Regular IDCW
UTI Small Cap Fund Regular Growth
UTI Small Cap Fund Direct Growth
UTI Small Cap Fund Direct IDCW
Fund house & investment objective
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UTI Mutual Fund
Rank (total assets)#8 in India
Total AUM1,80,599.47 Cr
Date of Incorporation01 Feb 2003
UTI Nifty Next 50 Index Fund Direct Growth is a Other Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on
UTI Nifty Next 50 Index Fund Direct Growth is a Other Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 01 Feb 2003. Kaushik Basu, Sharwan Kumar Goyal is the Current Fund Manager of UTI Nifty Next 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,80,599 Cr and the Latest NAV as of 20 Oct 2021 is ₹15.69.
The UTI Nifty Next 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. ...Read more
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 
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.
...Read more
Fund benchmarkNIFTY Next 50 TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East) Mumbai 400051
Phone
022-66786666
Launch Date
01 Feb 2003
E-mail
[email protected]
Website
NA
UTI Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
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	6M	1Y	3Y	All
Fund returns	NA	58.2%	19.1%	14.5%
Category average	NA	48.0%	13.9%	NA
Rank with in category	NA	13	48	NA

Name	Sector	Instrument	Assets
Info Edge (India) Ltd.	Services	Equity	4.0%
Avenue Supermarts Ltd.	Services	Equity	3.8%
Apollo Hospitals Enterprise Ltd.	Healthcare	Equity	3.7%
ICICI Lombard General Insurance Company Ltd.	Insurance	Equity	3.3%
Adani Enterprises Ltd.	Services	Equity	3.3%
Godrej Consumer Products Ltd.	FMCG	Equity	3.2%
Vedanta Ltd.	Metals	Equity	3.0%
Pidilite Industries Ltd.	Chemicals	Equity	3.0%
Dabur India Ltd.	FMCG	Equity	2.9%
Adani Green Energy Ltd.	Engineering	Equity	2.8%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	2
Fund size	₹1,330.11 Cr