UTI Nifty 50 Exchange Traded Fund
Equity
regular
Large-Cap
NAV: ₹ 241.98 as on 03-05-2024
About the Fund
UTI Nifty 50 Exchange Traded Fund is an equity fund. This fund was started on 2 September, 2015. The fund is managed by Sharwan Kumar Goyal. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Nifty 50 Exchange Traded Fund has ₹50188 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.1.
Fund Performance
Overview
 | 0.05% |
 Benchmark | S&P BSE 100 India TR INR |
 | ₹50188 Cr |
 | 2 September, 2015 |
 | --/-- |
 | 0% |
 | No Lock-in |
 TurnOver | 16.63% |
UTI Nifty 50 Exchange Traded Fund Distribution as on (31-Mar-24)
Size breakup
Large cap
99.3%
Mid cap
0.7%
Sector Allocation
Financial Services
33.5%
Energy
13.7%
Tech
13%
Consumer Cyclical
9.2%
Consumer Defensive
8.2%
Basic Materials
6.2%
Industrial
5.5%
Health
4.4%
Communication
3.2%
Utilities
2.9%
Top Holdings of UTI Nifty 50 Exchange Traded Fund as on (30-Apr-24)
Equity Holdings50
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 8.1% |
 ICICI Bank Ltd | 5.8% |
 HDFC Bank Ltd | 3.4% |
Top Losers | 1M Return |
|---|---|
 Kotak Mahindra Bank Ltd | -9% |
 Larsen & Toubro Ltd | -4.8% |
 Infosys Ltd | -4.5% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.56% whereas the fund’s underlying benchmark Nifty 100 returns stands at 0.26% as on Mar'24
- This fund outperformed Nifty 100 by 1.30% in Mar'24
AUM Change
- AUM of the fund stands at 48.5K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 15.4% growth in AUM moving from 43.48K Cr to 50.18K Cr.
In the last 5 years, Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option has given 19.46% return, outperforming this fund by 4.93% per annum.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 26.82% return, outperforming this fund by 10.19% per annum.
This fund has one of the lowest expense ratio in the category (large-cap). Its expense ratio is 0.05% which is lower than the category average expense ratio of 0.8%.
In the last 1 year, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 42.74% return, outperforming this fund by 17.17%.
Peer Analysis
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
UTI Nifty 50 Exchange Traded Fund | 25.6% | 16.6% | 14.5% | 14.1% |
Fund Manager
Sharwan Kumar Goyal
Fund Manager of UTI Nifty 50 Exchange Traded Fund, since 1 May 2019
Top funds managed
UTI Nifty 50 Exchange Traded Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.09% since inception which is more than its category average return of 13.61%
Fund Allocations
This fund has an allocation of 100% in Equity, 0% in Debt and 0% in Cash related instruments
AUM size ₹50188 Cr
This fund has AUM of ₹50188 Cr which is more than its category average of ₹ 6123 Cr
Expense Ratio 0.05%
This fund has an expense ratio of 0.05% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of UTI Nifty 50 Exchange Traded Fund is ₹241.98 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
UTI Nifty 50 Exchange Traded Fund | Absolute Returns | CAGR Returns |
1 Month Returns | 0.18% | 0.18% |
6 Month Returns | 17.07% | 17.07% |
1 Year Returns | 25.57% | 25.57% |
3 Years Returns | 58.66% | 16.63% |
5 Years Returns | 97.05% | 14.53% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.05% as on April 2024
₹50188 Cr as on April 2024
HDFC Bank Ltd(11.07%), Reliance Industries Ltd(10.22%), ICICI Bank Ltd(7.8%), Infosys Ltd(5.44%), Larsen & Toubro Ltd(4.52%) as on April 2024
Financial Services(33.53%), Energy(13.72%), Tech(13.04%) as on April 2024
The alpha ratio for the UTI Nifty 50 Exchange Traded Fund for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Nifty 50 Exchange Traded Fund | -0.03 | -0.05 | -0.58 |
As on April 2024
The alpha for UTI Nifty 50 Exchange Traded Fund is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the UTI Nifty 50 Exchange Traded Fund for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Nifty 50 Exchange Traded Fund | 1 | 1 | 0.99 |
As on April 2024
The Beta for UTI Nifty 50 Exchange Traded Fund is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the UTI Nifty 50 Exchange Traded Fund for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI Nifty 50 Exchange Traded Fund | 1.67 | 0.86 | 0.56 |
As on April 2024
The sharpe ratio for UTI Nifty 50 Exchange Traded Fund is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the UTI Nifty 50 Exchange Traded Fund for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI Nifty 50 Exchange Traded Fund | 10.39 | 12.85 | 18.48 |
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.64 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sharwan Kumar Goyal is the fund manager of UTI Nifty 50 Exchange Traded Fund