UTI Nifty500 Shariah Index Fund Direct Growth
Get the latest NAV of UTI Nifty500 Shariah Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹9.71
▲1%1D
NAV as on 02 Nov 2026
/per year
Since Inception
▲▼
1226 people have invested ₹ 72.7L in UTI Nifty500 Shariah Index Fund in the last three months
Peer comparison
UTI Nifty500 Shariah Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
UTI Nifty500 Shariah Index Fund Asset Allocation
See fund asset allocation details as on (14-Oct-26)
Fund Distribution
as on (14-Oct-26)
UTI Nifty500 Shariah Index Fund Sector Allocation
See fund sector allocation details as on (14-Oct-26)
Sector Allocation
Top 3 Sectors in September were Tech, Basic Materials & Health
Tech
19%
Consumer Cyclical
17%
Health
17%
Tech
21%
Basic Materials
17%
Health
16%
UTI Nifty500 Shariah Index Fund Holdings Details
as on (31-Oct-26)
UTI Nifty500 Shariah Index Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.76% |
Benchmark | Nifty 500 Shariah TR INR |
| AUM | ₹88 Cr |
| Inception Date | 23 February, 2026 |
| Min Lumpsum/SIP | ₹1,000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 4.21% |
| Risk |   Very High Risk |
About UTI Nifty500 Shariah Index Fund
UTI Nifty500 Shariah Index Fund Direct Growth is an equity fund. This fund was started on 23 February, 2026. The fund is managed by Lokesh Kulthia, Ayush Jain, Sharwan Kumar Goyal. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Nifty500 Shariah Index Fund has ₹88 Cr worth of assets under management (AUM) as on Oct 2026 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
UTI Nifty500 Shariah Index Fund has given a CAGR return of -2.85% since inception.
Holdings
UTI Nifty500 Shariah Index Fund has allocated its funds majorly in Tech, Consumer Cyclical, Health, Basic Materials, Industrial, Consumer Defensive, Energy, Utilities, Communication, Real Estate, Financial Services. Its top holdings are Infosys Ltd, Eternal Ltd, Tata Consultancy Services Ltd, Sun Pharmaceuticals Industries Ltd, Hindustan Unilever 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of UTI Nifty500 Shariah Index Fund
The Investment Objective of the Scheme is to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error. However, there can be no assurance that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. UTI Nifty500 Shariah Index Fund has no lock in period.
Fund Manager
Lokesh Kulthia
Fund Manager of UTI Nifty500 Shariah Index Fund, since 19 June 2026
Ayush Jain
Fund Manager of UTI Nifty500 Shariah Index Fund, since 23 February 2026
Sharwan Kumar Goyal
Fund Manager of UTI Nifty500 Shariah Index Fund, since 23 February 2026
- AUM of the fund stands at 87.7 Cr as of Sep'26
- AUM decreased by 0.8 Cr between Sep'26 and Aug'26
Frequently Asked Questions for UTI Nifty500 Shariah Index Fund Direct Growth
How do I invest in UTI Nifty500 Shariah Index Fund?
- Download the INDmoney app.
- Search for ‘UTI Nifty500 Shariah Index Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.