UTI Nifty 500 Value 50 Index Fund Direct Growth

UTI Nifty 500 Value 50 Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 03-12-2024

₹ 19.91

0.5%

1D

Inception Returns

53.8%

/yr

About UTI Nifty 500 Value 50 Index Fund Direct Growth

UTI Nifty 500 Value 50 Index Fund Direct Growth is an equity fund. This fund was started on 10 May, 2023. The fund is managed by Sharwan Kumar Goyal. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. UTI Nifty 500 Value 50 Index Fund Direct Growth has ₹494 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

UTI Nifty 500 Value 50 Index Fund Direct Growth has given a CAGR return of 53.78% since inception. Over the last 1 year the fund has given a CAGR return of 41.80%.

Holdings

UTI Nifty 500 Value 50 Index Fund Direct Growth has allocated its funds majorly in Basic Materials, Financial Services, Energy, Utilities, Industrial, Tech, Communication. Its top holdings are State Bank of India, Grasim Industries Ltd, NTPC Ltd, Power Grid Corp Of India Ltd, Coal India Ltd

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of UTI Nifty 500 Value 50 Index Fund Direct Growth

The Investment objective of the Scheme is to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. UTI Nifty 500 Value 50 Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
4749 people have invested ₹ 4.1Cr in UTI Nifty 500 Value 50 Index Fund Direct Growth in the last three months

UTI Nifty 500 Value 50 Index Fund Direct Growth Overview

Expense ratio0.56%
Benchmark
Nifty 500 Value 50 TR INR
AUM₹494 Cr
Inception Date10 May, 2023
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
109.36%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Fund Distribution

as on (31-Oct-24)

  • Equity 100%

Large cap
67.9%

Mid cap
16.8%

Small cap
15.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Basic Materials
34.1%
Financial Services
26.6%
Energy
21.1%
Utilities
13.5%
Industrial
2.3%
Tech
1.6%
Communication
1%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-7.62%
0.57%
-0.90%
Nifty 50
-6.17%
2.11%
0.90%
  • This fund’s returns stands at -7.62% whereas the fund’s underlying benchmark Nifty 50 returns stands at -6.17% as on Oct'24
  • This fund underperformed Nifty 50 by 1.45% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 499.5 Cr
₹ 499.5 Cr
₹ 518.6 Cr
  • AUM of the fund stands at 499.5 Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks bought last month
State Bank of India's allocation increased from 4.41% to 5.46%
State Bank of India's allocation increased from 4.41% to 5.46%
Hindustan Zinc Ltd's allocation increased from 1.29% to 2.22%
Hindustan Zinc Ltd's allocation increased from 1.29% to 2.22%
Bank of Baroda's allocation increased from 1.91% to 2.58%
Bank of Baroda's allocation increased from 1.91% to 2.58%
Top Stocks sold last month
Grasim Industries Ltd's allocation decreased from 5.24 % to 5.08 %
Grasim Industries Ltd's allocation decreased from 5.24 % to 5.08 %
NTPC Ltd's allocation decreased from 5.79 % to 5.04 %
NTPC Ltd's allocation decreased from 5.79 % to 5.04 %
Power Grid Corp Of India Ltd's allocation decreased from 5.08 % to 5 %
Power Grid Corp Of India Ltd's allocation decreased from 5.08 % to 5 %
Large Cap allocation has gone up from 67.8% to 67.9%
Large Cap allocation has gone up from 67.8% to 67.9%
Small Cap allocation has gone up from 15% to 15.4%
Small Cap allocation has gone up from 15% to 15.4%
Mid Cap allocation has gone down from 17.2% to 16.8%
Mid Cap allocation has gone down from 17.2% to 16.8%
Cash allocation has gone down from -0% to -0.2%
Cash allocation has gone down from -0% to -0.2%

Top 3 Sectors in October were Basic Materials, Energy & Financial Services

Oct'24
Basic Materials
34%
Financial Services
27%
Energy
21%
Sep'24
Basic Materials
35%
Energy
24%
Financial Services
23%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
51
51
51
Top 5 Company Concentration
25.4%
26.8%
26.6%
Company having highest exposure
State Bank of India (5.5%)
NTPC Ltd (5.8%)
Oil & Natural Gas Corp Ltd (5.9%)
No of Sectors
7
6
6
Top 5 Sectors Concentration
97.5%
98.6%
98.5%
Sector having highest exposure
Basic Materials (34.1%)
Basic Materials (34.5%)
Basic Materials (32.6%)
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Sharwan Kumar Goyal
Sharwan Kumar Goyal
Fund Manager of UTI Nifty 500 Value 50 Index Fund Direct Growth, since 10 May 2023
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.37L Cr
as on 31-Oct-2024
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
Phone
+912266786666
Website
service@uti.co.in

UTI Nifty 500 Value 50 Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 53.78% since inception which is more than its category average return of 16.31%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.18% in Equity, 0% in Debt and -0.18% in Cash related instruments
AUM size ₹494 Cr

AUM size ₹494 Cr

This fund has AUM of ₹494 Cr which is less than its category average of ₹ 818 Cr
Expense Ratio 0.56%

Expense Ratio 0.56%

This fund has an expense ratio of 0.56% which is more than its category average expense ratio of 0.55%

Frequently Asked Questions for UTI Nifty 500 Value 50 Index Fund Direct Growth

The current NAV of UTI Nifty 500 Value 50 Index Fund Direct Growth is ₹19.91 as on 03-Dec-2024.
Existing (Absolute + CAGR) as on 03-Dec-2024.
UTI Nifty 500 Value 50 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.18%
-0.18%
6 Month Returns
1.53%
1.53%
1 Year Returns
41.8%
41.8%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.56% as on November 2024
₹494 Cr as on November 2024
State Bank of India(5.46%), Grasim Industries Ltd(5.08%), NTPC Ltd(5.04%), Power Grid Corp Of India Ltd(5%), Coal India Ltd(4.83%) as on November 2024
Basic Materials(34.15%), Financial Services(26.63%), Energy(21.09%) as on November 2024
The alpha ratio for the UTI Nifty 500 Value 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
UTI Nifty 500 Value 50 Index Fund Direct Growth
-
-
-
As on November 2024
The alpha for UTI Nifty 500 Value 50 Index Fund Direct Growth is calculated against Nifty 500 Value 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 500 Value 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
UTI Nifty 500 Value 50 Index Fund Direct Growth
-
-
-
As on November 2024
The Beta for UTI Nifty 500 Value 50 Index Fund Direct Growth is calculated with Nifty 500 Value 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 500 Value 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
UTI Nifty 500 Value 50 Index Fund Direct Growth
1.62
-
-
As on November 2024
The sharpe ratio for UTI Nifty 500 Value 50 Index Fund Direct Growth is calculated with Nifty 500 Value 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 500 Value 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
UTI Nifty 500 Value 50 Index Fund Direct Growth
19.75
-
-
As on November 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.
Sharwan Kumar Goyal is the fund manager of UTI Nifty 500 Value 50 Index Fund Direct Growth
The Exit load of UTI Nifty 500 Value 50 Index Fund Direct Growth is 0%