UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 13-01-2025
₹ 13.44
1D
Inception Returns
12.8%
/yr
About UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth is an equity fund. This fund was started on 6 April, 2022. The fund is managed by Sharwan Kumar Goyal. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth has ₹254 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth has given a CAGR return of 12.77% since inception. Over the last 1 year the fund has given a CAGR return of 15.66%.
Holdings
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth has allocated its funds majorly in Industrial, Tech, Basic Materials, Consumer Defensive, Financial Services, Consumer Cyclical, Health, Utilities, Energy, Communication. Its top holdings are Colgate-Palmolive (India) Ltd, Procter & Gamble Hygiene and Health Care Ltd, Persistent Systems Ltd, Coforge Ltd, Dixon Technologies (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 Midcap 150 Quality 50 Index Fund Direct Growth
The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
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692 people have invested ₹ 55.9L in UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth in the last three months
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth Overview
| Expense ratio | 0.43% |
Benchmark | Nifty Midcap 150 Quality 50 TR INR |
| AUM | ₹254 Cr |
| Inception Date | 6 April, 2022 |
| Min Lumpsum/SIP | ₹1000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 45.21% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (30-Nov-24)
Mid cap
89.2%
Small cap
8.7%
Large cap
2.2%
Sector Allocation
Industrial
25.6%
Tech
18.5%
Basic Materials
18%
Financial Services
10.6%
Health
8.9%
Consumer Cyclical
7.4%
Consumer Defensive
5.3%
Energy
2.3%
Utilities
2.1%
Communication
1.1%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -0.31% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
- This fund outperformed Nifty 50 by 0.40% in Nov'24
- AUM of the fund stands at 250.6 Cr as of Nov'24
- AUM increased by 4.9 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Coforge Ltd's allocation increased from 3.19% to 3.65%
Persistent Systems Ltd's allocation increased from 4.24% to 4.68%
Polycab India Ltd's allocation increased from 2.32% to 2.62%
Top Stocks sold last month
Procter & Gamble Hygiene and Health Care Ltd's allocation decreased from 3.42 % to 3.39 %
HDFC Asset Management Co Ltd's allocation decreased from 3.42 % to 3.36 %
Tata Elxsi Ltd's allocation decreased from 2.97 % to 2.83 %
Large Cap allocation has gone down from 1.7% to 1.6%
Small Cap allocation has gone down from 18.3% to 18%
Mid Cap allocation has gone up from 80% to 80.4%
Cash allocation has gone up from -0.1% to 0%
Top 3 Sectors in November were Industrial, Basic Materials & Tech
Nov'24
Industrial
26%
Tech
19%
Basic Materials
18%
Oct'24
Industrial
26%
Basic Materials
18%
Tech
17%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Indraprastha Gas Ltd | 5.1% |
 Coforge Ltd | 4.5% |
 CRISIL Ltd | 4.2% |
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Sharwan Kumar Goyal
Fund Manager of UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth, since 6 April 2022
Top funds managed
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.36L Cr
as on 29-Nov-2024
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
Phone
+912266786666
Website
service@uti.co.in
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth 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 more than its category average return of 12.05%
Fund Allocations
This fund has an allocation of 100.07% in Equity, 0% in Debt and -0.07% in Cash related instruments
AUM size ₹254 Cr
This fund has AUM of ₹254 Cr which is less than its category average of ₹ 809 Cr
Expense Ratio 0.43%
This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 0.55%
Frequently Asked Questions for UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth
The current NAV of UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth is ₹13.44 as on 13-Jan-2025.
Existing (Absolute + CAGR) as on 13-Jan-2025.
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.01% | -6.01% |
6 Month Returns | -4.83% | -4.83% |
1 Year Returns | 15.66% | 15.66% |
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.
0.43% as on December 2024
₹254 Cr as on December 2024
Colgate-Palmolive (India) Ltd(4.92%), Procter & Gamble Hygiene and Health Care Ltd(3.49%), Persistent Systems Ltd(3.4%), Coforge Ltd(3.23%), Dixon Technologies (India) Ltd(3.19%) as on December 2024
Industrial(23.71%), Tech(20.56%), Basic Materials(14.87%) as on December 2024
The alpha ratio for the UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth | - | - | - |
As on December 2024
The alpha for UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth is calculated against Nifty Midcap 150 Quality 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 Midcap 150 Quality 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth | - | - | - |
As on December 2024
The Beta for UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth is calculated with Nifty Midcap 150 Quality 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 Midcap 150 Quality 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 Midcap 150 Quality 50 Index Fund Direct Growth | 0.93 | - | - |
As on December 2024
The sharpe ratio for UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth is calculated with Nifty Midcap 150 Quality 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 Midcap 150 Quality 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 Midcap 150 Quality 50 Index Fund Direct Growth | 13.14 | - | - |
As on December 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 Midcap 150 Quality 50 Index Fund Direct Growth
The Exit load of UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth is 0%