UTI Nifty 50 Index Fund-Growth Option- Direct
Equity
Direct
Index Funds
NAV: ₹ 138 as on 30-11-2023
Fund Performance
48374 people have invested ₹ 34.8Cr in UTI Nifty 50 Index Fund-Growth Option- Direct in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.21% which is lower than the category average expense ratio of 0.33%.
This fund with AUM at ₹12597.69Cr is among the largest funds in the index funds category.
Over the last 3 months, this fund has increased expense ratio by 5.0% moving from 0.20 to 0.21.
In the last 5 years, Bandhan Nifty 50 Index Fund Direct Plan Growth has given 14.29% return, outperforming this fund by 0.14% per annum.
In the last 1 year, Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth has given 33.42% return, outperforming this fund by 24.57%.
Over the last 6 months, this fund has experienced a 18.7% growth in AUM moving from 10.61K Cr to 12.59K Cr.
In the last 3 years, Bandhan Nifty 50 Index Fund Direct Plan Growth has given 16.85% return, outperforming this fund by 0.02% per annum.
INDmoney Rank of UTI Nifty 50 Index Fund-Growth Option- Direct
Powered by IND quant engine
7
/15
83% Performance
6% Cost
7 out of 15 among Index-Nifty-50
Pros
Larger AUM within category
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Cons
No bad points found for this fund.
About the UTI Nifty 50 Index Fund-Growth Option- Direct
UTI Nifty Index Fund is a type of mutual fund that invests in a diverse basket of equities that comprise the Nifty 50 index. The Nifty 50 index is a National Stock platform (NSE) of India benchmark index that represents the performance of the top 50 firms listed on the platform.UTI Nifty Index Fund, as an index fund, seeks to mirror the performance of the Nifty 50 index by investing in the same stocks in the same proportions as the index. This means that the fund's returns are projected to closely match the Nifty 50 index's performance. The fund invests in leading companies such as Wipro, Infosys, ITC, and HUL.
Key Parameters
- UTI Nifty 50 Index Fund-Growth Option- Direct has ₹12598 Cr worth of assets under management (AUM) as on Oct 2023 and is more than category average.
- The fund has an expense ratio 0.2.
UTI Nifty 50 Index Fund-Growth Option- Direct Overview
 | 0.21% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹12598 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 6.34% |
UTI Nifty 50 Index Fund-Growth Option- Direct Distribution as on (31-Oct-23)
Size breakup
Large cap
100.1%
Sector Allocation
Financial Services
35.9%
Tech
13.6%
Energy
12.3%
Consumer Defensive
9.5%
Consumer Cyclical
7.9%
Basic Materials
6.7%
Industrial
5%
Health
4%
Communication
2.8%
Utilities
2.4%
Top Holdings of UTI Nifty 50 Index Fund-Growth Option- Direct as on (31-Oct-23)
Equity Holdings50
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 13.26% | 2.9% | |
 Reliance Industries Ltd | 9.26% | 2.9% | |
 ICICI Bank Ltd | 7.67% | 2.9% | |
 Infosys Ltd | 5.84% | 2.9% | |
 ITC Ltd | 4.54% | 2.9% |
See all
UTI Nifty 50 Index Fund-Growth Option- Direct: Monthly Changes Updates
All changes are between Aug'23 and Oct'23
Fund Performance
- This fund’s returns stands at -2.76% whereas the fund’s underlying benchmark Nifty 50 returns stands at -2.30% as on Oct'23
- This fund underperformed Nifty 50 by 0.46% in Oct'23
AUM Change
- AUM of the fund stands at 12.6K Cr as of Oct'23
- AUM increased by 0.9 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Gainers & Losers in UTI Nifty 50 Index Fund-Growth Option- Direct portfolio Returns for the month of Oct
Top Growth Drivers | 1M Return |
|---|---|
 Nestle India Ltd | 8.6% |
 Coal India Ltd | 7.7% |
 HCL Technologies Ltd | 3% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -4.6% |
 ICICI Bank Ltd | -2.7% |
 HDFC Bank Ltd | -2.1% |
Peer Analysis
UTI Nifty 50 Index Fund-Growth Option- Direct Fund Manager
Sharwan Kumar Goyal
Fund Manager of UTI Nifty 50 Index Fund-Growth Option- Direct, since 31 July 2018
Top funds managed
UTI Nifty 50 Index Fund-Growth Option- Direct 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 12.77% since inception which is less than its category average return of 15.9%
Fund Allocations
This fund has an allocation of 100.14% in Equity, 0% in Debt and -0.14% in Cash related instruments
AUM size ₹12598 Cr
This fund has AUM of ₹12598 Cr which is more than its category average of ₹ 572 Cr
Expense Ratio 0.21%
This fund has an expense ratio of 0.21% which is less than its category average expense ratio of 0.53%
Frequently Asked Questions
The current NAV of UTI Nifty 50 Index Fund-Growth Option- Direct is ₹137.96 as on 30-Nov-2023.
Existing (Absolute + CAGR) as on 30-Nov-2023.
UTI Nifty 50 Index Fund-Growth Option- Direct | Absolute Returns | CAGR Returns |
1 Month Returns | 5.55% | 5.55% |
6 Month Returns | 8.72% | 8.72% |
1 Year Returns | 8.85% | 8.85% |
3 Years Returns | 59.48% | 16.83% |
5 Years Returns | 93.84% | 14.15% |
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.
0.21% as on October 2023
₹12598 Cr as on October 2023
HDFC Bank Ltd(13.26%), Reliance Industries Ltd(9.26%), ICICI Bank Ltd(7.67%), Infosys Ltd(5.84%), ITC Ltd(4.54%) as on October 2023
Financial Services(35.91%), Tech(13.63%), Energy(12.29%) as on October 2023
The alpha ratio for the UTI Nifty 50 Index Fund-Growth Option- Direct for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Nifty 50 Index Fund-Growth Option- Direct | -0.21 | -0.22 | -0.28 |
As on October 2023
The alpha for UTI Nifty 50 Index Fund-Growth Option- Direct is calculated against IISL Nifty 50 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 Index Fund-Growth Option- Direct for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Nifty 50 Index Fund-Growth Option- Direct | 1 | 1 | 1 |
As on October 2023
The Beta for UTI Nifty 50 Index Fund-Growth Option- Direct is calculated with IISL Nifty 50 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 Index Fund-Growth Option- Direct for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI Nifty 50 Index Fund-Growth Option- Direct | 0.04 | 0.95 | 0.53 |
As on October 2023
The sharpe ratio for UTI Nifty 50 Index Fund-Growth Option- Direct is calculated with IISL Nifty 50 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 Index Fund-Growth Option- Direct for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI Nifty 50 Index Fund-Growth Option- Direct | 10.43 | 14.42 | 18.58 |
As on October 2023
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 1.96 as on October 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sharwan Kumar Goyal is the fund manager of UTI Nifty 50 Index Fund-Growth Option- Direct
The Exit load of UTI Nifty 50 Index Fund-Growth Option- Direct is 0%