UTI Nifty Midcap 150 Index Fund Direct Growth

Launch date11 Nov 2024
Allotment date28 Nov 2024
End date25 Nov 2024
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.68%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

Fund house & investment objective

Rank (total assets)#8 in India
Total AUM₹3,96,376.13Cr
Date of Incorporation14 Nov 2002

UTI Nifty Midcap 150 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. Sharwan Kumar Goyal is the Current Fund Manager of UTI Nifty Midcap 150 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,96,376 Cr and the Latest NAV as of 31 Mar 2026 is ₹9.31. The UTI Nifty Midcap 150 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. ;

Fund benchmarkNIFTY Midcap 150 Total Return Index

Fund house contact details

Address
UTI Tower, Plot C-1, GN Block,Banrda Kurla Complex, Bandra (East) Mumbai 400051
Phone
0263 2296993
Launch Date
14 Nov 2002
E-mail
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Peer Comparison

Equity, Mid Cap fundsRating1Y3YFund Size(Cr)
5
6.9%24.6%4,694.85
5
3.8%23.4%14,355.22
5
3.6%23.3%43,982.51
5
4.6%22.6%94,256.90
4
3.5%22.1%13,235.50