UTI Nifty Next 50 Index Fund Direct Growth
Equity
Direct
Very High Risk
Index Funds
NAV: ₹ 15.6 as on 20-01-2022
INDmoney RANK
3
/5
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.
82%
Cost
Funds scoring high on Cost parameter have relatively lower expense ratio.
0%
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. 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 15.5683 as on 21-Jan-2022.
2) UTI Nifty Next 50 Index Fund Direct Growth has 1494 Cr worth of assets under management (AUM) as on 21-Jan-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 | ₹1494 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
76.3%
Mid cap
23.5%
Sector Allocation
| Basic Materials | 17.5% |
| Financial Services | 17% |
| Defensive | 16.7% |
| Health | 15.2% |
| Utilities | 9.1% |
| Industrial | 6.1% |
| Energy | 5.3% |
| Communication | 5.1% |
| Cyclical | 3.4% |
| Tech | 2.7% |
| Real Estate | 1.9% |
Top Holdings
Total Holdings20
Equity Holdings20
Debt Holdings2
Fund Highlights
About the fund
This fund has delivered an average annual returns of 13.22% since inception which is less than its category average return of 15.63%
Fund Allocations
This fund has an allocation of 99.79055% in Equity, 0% in Debt and 0.20945% in Cash related instruments
AUM size ₹1494 Cr
This fund has AUM of ₹1494 Cr which is more than its category average of ₹ 442 Cr
Expense Ratio 0.33%
This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.5%
Fund Manager
Sharwan Kumar Goyal is B.Com; CFA ; MMS
15 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