UTI Nifty Next 50 Index Fund Direct Growth+0.24%

3
6.48%
1 Year Return
Equity
Index
3.0star
6M
1Y
All

Fund Details

UTI Nifty Next 50 Index Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.27%
NAV9.82 (07 Aug 2020)
Fund Started29 Jun 2018
Fund Size588 Cr

Returns

1Y
3Y*
5Y*
Since inception*
UTI Nifty Next 50 Index Fund Direct Growth
6.5%
NA
NA
-0.8%
Category Average
-16.9%
0.9%
7.0%
-
Rank within category
6
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 6.5% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.27%
    2. 1Y Returns are higher than the category average returns
    3. Exit load is zero
    Cons
    1. Age is less than 3 years
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Life Insurance Co Ltd.FinancialEquity5.4%
    Avenue Supermarts Ltd.ServicesEquity4.7%
    SBI Life Insurance Company Ltd.FinancialEquity4.2%
    Divi's Laboratories Ltd.HealthcareEquity3.9%
    Dabur India Ltd.FMCGEquity3.5%
    Godrej Consumer Products Ltd.FMCGEquity3.5%
    ICICI Lombard General Insurance Company Ltd.FinancialEquity3.4%
    Lupin Ltd.HealthcareEquity3.0%
    Aurobindo Pharma Ltd.HealthcareEquity2.9%
    Pidilite Industries Ltd.ChemicalsEquity2.8%
    See All

    Fund Managers

    UTI Nifty Next 50 Index Fund Direct Growth Details

    UTI Nifty Next 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 29 Jun 2018. 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 ₹588 Cr and the Latest NAV as of 07 Aug 2020 is ₹9.82.

    The UTI Nifty Next 50 Index Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The investment objective of the scheme is 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.However there is no guarantee or assurance that the investment objective of the scheme will be achieved.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About UTI Mutual Fund

    Address
    UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East) Mumbai 400051
    Phone
    022-66786666
    Launch Date
    01 Feb 2003
    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,
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