UTI NIFTY50 Equal Weight Index Fund Direct Growth

UTI NIFTY50 Equal Weight Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 14 Nov 2002. Ayush Jain is the Current Fund Manager of UTI NIFTY50 Equal Weight Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,25,385 Cr and the Latest NAV as of 19 Nov 2024 is ₹13.52. The UTI NIFTY50 Equal Weight Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. ;

Investment Objective

The Scheme seeks to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error. ;