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
- UTI Nifty 500 Value 50 Index Fund Direct Growth has ₹308 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
UTI Nifty 500 Value 50 Index Fund Direct Growth has given a CAGR return of 80.75% since inception. Over the last 1 year the fund has given a CAGR return of 84.68%.
Holdings
UTI Nifty 500 Value 50 Index Fund Direct Growth has allocated its funds majorly in Basic Materials, Financial Services, Energy, Utilities, Industrial, Tech. Its top holdings are Grasim Industries Ltd, NTPC Ltd, Oil & Natural Gas Corp Ltd, Hindalco Industries Ltd, Power Grid Corp Of 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 benefitDividends 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.
Fund Overview
| Expense ratio | 0.57% |
Benchmark | Nifty 500 Value 50 TR INR |
| AUM | ₹308 Cr |
| Inception Date | 10 May, 2023 |
| Min Lumpsum/SIP | ₹1000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Grasim Industries Ltd | 12.2% |
 Great Eastern Shipping Company Ltd | 10.4% |
UTI Nifty 500 Value 50 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹308 Cr
Expense Ratio 0.57%
Frequently Asked Questions
UTI Nifty 500 Value 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.96% | 1.96% |
6 Month Returns | 28.87% | 28.87% |
1 Year Returns | 84.68% | 84.68% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Nifty 500 Value 50 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Nifty 500 Value 50 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI Nifty 500 Value 50 Index Fund Direct Growth | 3.17 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI Nifty 500 Value 50 Index Fund Direct Growth | 19.33 | - | - |