| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.32% |
| NAV | ₹9.92 (23 Oct 2020) |
|---|---|
| Fund Started | 29 Jun 2018 |
| Fund Size | ₹662 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Avenue Supermarts Ltd. | Services | Equity | 4.4% |
| Tata Consumer Products Ltd. | FMCG | Equity | 4.0% |
| Dabur India Ltd. | FMCG | Equity | 3.9% |
| Adani Green Energy Ltd. | Engineering | Equity | 3.8% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.8% |
| Info Edge (India) Ltd. | Services | Equity | 3.7% |
| Godrej Consumer Products Ltd. | FMCG | Equity | 3.6% |
| Lupin Ltd. | Healthcare | Equity | 3.2% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 3.0% |
| Pidilite Industries Ltd. | Chemicals | Equity | 2.9% |
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 ₹662 Cr and the Latest NAV as of 23 Oct 2020 is ₹9.92.
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.
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.
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.