UTI Nifty 500 Value 50 Index Fund Direct Growth

Equity
Direct
Index Funds
UTI Nifty 500 Value 50 Index Fund Direct Growth

About the Fund

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 ₹278 Cr worth of assets under management (AUM) as on Apr 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 88.03% since inception. Over the last 1 year the fund has given a CAGR return of 93.96%.

Holdings

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

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 5000.00 and for SIP is INR 500.00. UTI Nifty 500 Value 50 Index Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
2057 people have invested ₹ 3.2Cr in UTI Nifty 500 Value 50 Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio
Expense ratio
0.57%
Benchmark
Benchmark
Nifty 500 Value 50 TR INR
AUM
AUM
₹278 Cr
Inception Date
Inception Date
10 May, 2023
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution
as on (30-Apr-24)

  • Equity 100%

Large cap
68%

Mid cap
19.6%

Small cap
13.5%

Sector Allocation

Apr'24

Mar'24

Feb'24

Basic Materials
32.6%
Financial Services
25.5%
Energy
21.2%
Utilities
16.5%
Industrial
2.1%
Tech
1.5%
Consumer Cyclical
0.6%
All changes are between Feb'24 and Apr'24

Returns for the month of Apr

  • Gainers

  • Losers

Sharwan Kumar Goyal
Sharwan Kumar Goyal
Fund Manager of UTI Nifty 500 Value 50 Index Fund Direct Growth, since 10 May 2023

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 88.03% since inception which is more than its category average return of 21.28%
Fund Allocations

Fund Allocations

This fund has an allocation of 101.05% in Equity, 0% in Debt and -1.05% in Cash related instruments
AUM size ₹278 Cr

AUM size ₹278 Cr

This fund has AUM of ₹278 Cr which is less than its category average of ₹ 733 Cr
Expense Ratio 0.57%

Expense Ratio 0.57%

This fund has an expense ratio of 0.57% which is more than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of UTI Nifty 500 Value 50 Index Fund Direct Growth is ₹20.1 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
UTI Nifty 500 Value 50 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.71%
7.71%
6 Month Returns
37.6%
37.6%
1 Year Returns
93.96%
93.96%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.57% as on May 2024
₹278 Cr as on May 2024
Vedanta Ltd(5.72%), Hindalco Industries Ltd(5.4%), Coal India Ltd(5.34%), Power Grid Corp Of India Ltd(5.2%), State Bank of India(5.15%) as on May 2024
Basic Materials(33.35%), Financial Services(25.41%), Energy(21.42%) as on May 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 May 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 May 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
3.24
-
-
As on May 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
19.27
-
-
As on May 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%