UTI Nifty200 Momentum 30 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 15.6 as on 22-09-2023
Fund Performance
2022 people have invested ₹ 1.9Cr in UTI Nifty200 Momentum 30 Index Fund Direct Growth in the last three months
Fund Insights
This fund with AUM at ₹2419.40Cr is among the largest funds in the index funds category.
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.45% which is lower than the category average expense ratio of 0.68%.
In the last 1 year, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has experienced a 22.8% growth in AUM moving from 1.97K Cr to 2.41K Cr.
About the Fund
UTI Nifty200 Momentum 30 Index Fund Direct Growth is an equity fund. This fund was started on 10 March, 2021. The fund is managed by Sharwan Kumar Goyal. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Nifty200 Momentum 30 Index Fund Direct Growth has ₹2419 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
- The fund has an expense ratio 0.5.
UTI Nifty200 Momentum 30 Index Fund Direct Growth Overview
 | 0.45% |
 Benchmark | Nifty200 Momentum 30 |
 | ₹2419 Cr |
 | 10 March, 2021 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 116.21% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
58.7%
Mid cap
41.3%
Sector Allocation
Financial Services
31.2%
Industrial
28.8%
Consumer Cyclical
20.1%
Consumer Defensive
9.1%
Health
7.7%
Basic Materials
3%
Top Holdings of UTI Nifty200 Momentum 30 Index Fund Direct Growth as on (31-Aug-23)
Equity Holdings28
UTI Nifty200 Momentum 30 Index Fund Direct Growth: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -0.22% whereas the fund’s underlying benchmark Nifty200 Momentum 30 returns stands at -2.43% as on Aug'23
- This fund outperformed Nifty200 Momentum 30 by 2.21% in Aug'23
AUM Change
- AUM of the fund stands at 2.4K Cr as of Aug'23
- AUM increased by 45.9 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in UTI Nifty200 Momentum 30 Index Fund Direct Growth portfolio Returns for the month of Aug
Top Losers | 1M Return |
|---|---|
 Cummins India Ltd | -11.4% |
 Bank of Baroda | -6.9% |
 Bajaj Auto Ltd | -6.3% |
Peer Analysis
UTI Nifty200 Momentum 30 Index Fund Direct Growth Fund Manager
Sharwan Kumar Goyal
Fund Manager of UTI Nifty200 Momentum 30 Index Fund Direct Growth, since 10 March 2021
Top funds managed
Fund 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 19.13% since inception which is more than its category average return of 14.13%
Fund Allocations
This fund has an allocation of 100.03% in Equity, 0% in Debt and -0.03% in Cash related instruments
AUM size ₹2419 Cr
This fund has AUM of ₹2419 Cr which is more than its category average of ₹ 560 Cr
Expense Ratio 0.45%
This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 0.54%
Frequently Asked Questions
The current NAV of UTI Nifty200 Momentum 30 Index Fund Direct Growth is ₹15.59 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
UTI Nifty200 Momentum 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.17% | 3.17% |
6 Month Returns | 26.06% | 26.06% |
1 Year Returns | 14.93% | 14.93% |
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).
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0.45% as on August 2023
₹2419 Cr as on August 2023
Bajaj Auto Ltd(5.11%), Cholamandalam Investment and Finance Co Ltd(4.86%), Siemens Ltd(4.75%), Indian Hotels Co Ltd(4.61%), Axis Bank Ltd(4.6%) as on August 2023
Financial Services(31.23%), Industrial(28.83%), Consumer Cyclical(20.12%) as on August 2023
The alpha ratio for the UTI Nifty200 Momentum 30 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Nifty200 Momentum 30 Index Fund Direct Growth | -0.13 | - | - |
As on August 2023
The alpha for UTI Nifty200 Momentum 30 Index Fund Direct Growth is calculated against Nifty200 Momentum 30. 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 Nifty200 Momentum 30 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Nifty200 Momentum 30 Index Fund Direct Growth | 1 | - | - |
As on August 2023
The Beta for UTI Nifty200 Momentum 30 Index Fund Direct Growth is calculated with Nifty200 Momentum 30. 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 Nifty200 Momentum 30 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 Nifty200 Momentum 30 Index Fund Direct Growth | 0.63 | - | - |
As on August 2023
The sharpe ratio for UTI Nifty200 Momentum 30 Index Fund Direct Growth is calculated with Nifty200 Momentum 30. 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 Nifty200 Momentum 30 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 Nifty200 Momentum 30 Index Fund Direct Growth | 13.52 | - | - |
As on August 2023
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 Nifty200 Momentum 30 Index Fund Direct Growth
The Exit load of UTI Nifty200 Momentum 30 Index Fund Direct Growth is 0%