UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 12.96 as on 16-05-2024
About the Fund
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 ₹188 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Fund Performance
360 people have invested ₹ 23.7L in UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth in the last three months
Overview
 | 0.46% |
 Benchmark | Nifty Midcap 150 Quality 50 TR INR |
 | ₹188 Cr |
 | 6 April, 2022 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 49.5% |
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Mid cap
88.2%
Small cap
6.4%
Large cap
5.3%
Sector Allocation
Industrial
23.3%
Basic Materials
18.9%
Tech
15.3%
Financial Services
13.4%
Consumer Cyclical
11.4%
Health
8.5%
Utilities
3.4%
Energy
2.9%
Consumer Defensive
1.8%
Communication
1.1%
Top Holdings of UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth as on (30-Apr-24)
Equity Holdings50
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Hindustan Zinc Ltd | 37.5% |
 Supreme Industries Ltd | 28.3% |
Voltas Ltd | 1.6% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 5.47% whereas the fund’s underlying benchmark Nifty 50 returns stands at 0.64% as on Apr'24
- This fund outperformed Nifty 50 by 4.83% in Apr'24
AUM Change
- AUM of the fund stands at 187.7 Cr as of Apr'24
- AUM increased by 11.6 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Sharwan Kumar Goyal
Fund Manager of UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth, since 6 April 2022
Top funds managed
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 11.8% since inception which is less than its category average return of 18.23%
Fund Allocations
This fund has an allocation of 99.89% in Equity, 0% in Debt and 0.11% in Cash related instruments
AUM size ₹188 Cr
This fund has AUM of ₹188 Cr which is less than its category average of ₹ 723 Cr
Expense Ratio 0.46%
This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 0.5%
Frequently Asked Questions
The current NAV of UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth is ₹12.96 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.18% | 2.18% |
6 Month Returns | 14.52% | 14.52% |
1 Year Returns | 32.11% | 32.11% |
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.
0.46% as on April 2024
₹188 Cr as on April 2024
Power Finance Corp Ltd(4.17%), HDFC Asset Management Co Ltd(3.94%), Oracle Financial Services Software Ltd(3.25%), Tube Investments of India Ltd Ordinary Shares(3.17%), Persistent Systems Ltd(3.05%) as on April 2024
Industrial(23.31%), Basic Materials(18.89%), Tech(15.24%) as on April 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 April 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 April 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 | 2.19 | - | - |
As on April 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 | 10.71 | - | - |
As on April 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%