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UTI Nifty Next 50 Index Fund Direct Growth

Other
Index
Very High Risk
14.30%
3Y annualised
+1.50% 1D
1M
6M
1Y
3Y
All
NAV: 16 May 2022₹13.87
Min. SIP amount₹500
Rating5
Fund size₹1,630.95Cr

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA7.1%14.3%8.8%
Category averageNA48.0%13.9%NA
Rank with in categoryNA6119NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
Adani Enterprises Ltd.ServicesEquity4.8%
Vedanta Ltd.Metals & MiningEquity3.9%
Adani Green Energy Ltd.Capital GoodsEquity3.5%
Adani Transmission Ltd.EnergyEquity3.5%
SRF Ltd.DiversifiedEquity3.4%
Pidilite Industries Ltd.ChemicalsEquity3.3%
Avenue Supermarts Ltd.ServicesEquity3.2%
Info Edge (India) Ltd.ServicesEquity3.0%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity2.9%
Dabur India Ltd.Consumer StaplesEquity2.7%
See All

Pros and cons

Category: Other Index

Pros

3Y annualised returns higher than category average by 1.23%
Exit load is zero
Lower expense ratio: 0.33%

Cons

1Y annualised returns lower than category average by 22.37%
Lower alpha: -0.5 The fund has generated returns lower than benchmark - NIFTY Next 50 TRI - in the last 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.33%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Sharwan Kumar Goyal
Jul 2018 - Present
View details

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

Deepesh Agarwal
May 2022 - Present
View details

Education
Mr. Agarwal is B.Com, C.A and CFA.
Experience
Prior to joining UTI Mutual Fund, he has worked with Ambit Capital, Hexaware Technologies, Mahajan & Aibara and MVK Associates.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
UTI Tower, 'GN' Block,Bandra-Kurla Complex,Bandra (East), Mumbai 400051
Phone
022- 66786666 / 66786354 / 1800-22-1230
Launch Date
14 Nov 2002
Website
NA
Amc Image
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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FAQs

How to Invest in UTI Nifty Next 50 Index Fund Direct Growth?

You can easily invest in UTI Nifty Next 50 Index Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for UTI Nifty Next 50 Index Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in UTI Nifty Next 50 Index Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does UTI Nifty Next 50 Index Fund Direct Growth provide?

The UTI Nifty Next 50 Index Fund Direct Growth has been there from 28 Jun 2018 and the average annual returns provided by this fund is 7.06% since its inception.

How much expense ratio is charged by UTI Nifty Next 50 Index Fund Direct Growth?

The term Expense Ratio used for UTI Nifty Next 50 Index Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of UTI Nifty Next 50 Index Fund Direct Growth is 0.33% as of 17 May 2022...

What is the AUM of UTI Nifty Next 50 Index Fund Direct Growth?

The AUM, short for Assets Under Management of UTI Nifty Next 50 Index Fund Direct Growth is ₹1,630.95Cr as of 17 May 2022.

How to Redeem UTI Nifty Next 50 Index Fund Direct Growth?

If you want to sell your UTI Nifty Next 50 Index Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of UTI Nifty Next 50 Index Fund Direct Growth?

You can select either SIP or Lumpsum investment of UTI Nifty Next 50 Index Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of UTI Nifty Next 50 Index Fund Direct Growth?

The NAV of UTI Nifty Next 50 Index Fund Direct Growth is ₹13.87 as of 16 May 2022.

What is the PE and PB ratio of UTI Nifty Next 50 Index Fund Direct Growth?

The PE ratio ratio of UTI Nifty Next 50 Index Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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