UTI Nifty Next 50 Index Fund Direct Growth
Equity
Direct
Very High Risk
Index Funds
NAV: ₹ 13.3 as on 30-06-2022
INDmoney RANK
2
/7
among Index-Nifty-Next-50 Category
INDmoney Analysis
Performance
Funds scoring high on Performance parameter means fund is able to track its benchmark index as closely as possible.
83%
Cost
Funds scoring high on Cost parameter have relatively lower expense ratio.
20%
About the Fund
UTI Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 28 June, 2018. The fund is managed by Sharwan Kumar Goyal, Ayush Jain. The fund could potentially beat inflation in the long-run.
Key parameters
1) UTI Nifty Next 50 Index Fund Direct Growth has a NAV of ₹13.3104 as on 30-06-2022.
2) UTI Nifty Next 50 Index Fund Direct Growth has ₹1667 Cr worth of assets under management (AUM) as on 31-05-2022 and is more than category average.
3) The fund has an expense ratio 0.33 %.
Fund Overview
Expense ratio | 0.33% | |
Benchmark | IISL Nifty Next 50 TR INR | |
AUM | ₹1667 Cr | |
Inception Date | 28 June, 2018 | |
Min Lumpsum/SIP | ₹5000/₹500 | |
Exit Load | 0% | |
Lock In | No Lock-in | |
TurnOver | 75.63% |
Fund Distribution
Size breakup
Large cap
81.3%
Mid cap
18.8%
Sector Allocation
| Basic Materials | 19.7% |
| Financial Services | 17.5% |
| Consumer Defensive | 16.3% |
| Utilities | 9.4% |
| Energy | 8.2% |
| Health | 8.1% |
| Industrial | 6.4% |
| Communication | 4.5% |
| Consumer Cyclical | 4.2% |
| Tech | 3.9% |
| Real Estate | 2% |
Top Holdings
Total Holdings21
Equity Holdings20
Debt Holdings1
Fund Highlights
About the fund
This fund has delivered an average annual returns of 7.4% since inception which is more than its category average return of 4.43%
Fund Allocations
This fund has an allocation of 100.05% in Equity, 0% in Debt and -0.05% in Cash related instruments
AUM size ₹1667 Cr
This fund has AUM of ₹1667 Cr which is more than its category average of ₹ 479 Cr
Expense Ratio 0.33%
This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.53%
Fund Managers
Sharwan Kumar Goyal is B.Com; CFA ; MMS
15 Years experience
Ayush Jain
0 Years experience
AMC details
Fund House
UTI Asset Management Co Ltd
Email
service@uti.co.in
Phone
+912266786666
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
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Frequently Asked Questions