UTI Nifty200 Momentum 30 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 22.75 as on 02-05-2024
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 ₹4849 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Fund Performance
6965 people have invested ₹ 8.9Cr in UTI Nifty200 Momentum 30 Index Fund Direct Growth in the last three months
Overview
 | 0.46% |
 Benchmark | Nifty200 Momentum 30 |
 | ₹4849 Cr |
 | 10 March, 2021 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 116.21% |
UTI Nifty200 Momentum 30 Index Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
61%
Mid cap
38.9%
Sector Allocation
Consumer Cyclical
28.6%
Industrial
20.2%
Health
18%
Financial Services
12.2%
Real Estate
5.2%
Energy
5.2%
Utilities
4.7%
Consumer Defensive
2.9%
Basic Materials
2.6%
Communication
0.4%
Top Holdings of UTI Nifty200 Momentum 30 Index Fund Direct Growth as on (30-Apr-24)
Equity Holdings30
Gainers & Losers Returns for the month of Mar
Top Losers | 1M Return |
|---|---|
 Larsen & Toubro Ltd | -5.6% |
 DLF Ltd | -4.6% |
 TVS Motor Company Ltd | -4.2% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.73% whereas the fund’s underlying benchmark Nifty200 Momentum 30 returns stands at -0.05% as on Mar'24
- This fund outperformed Nifty200 Momentum 30 by 2.78% in Mar'24
AUM Change
- AUM of the fund stands at 4.8K Cr as of Mar'24
- AUM increased by 335.6 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
INDmoney Rank
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Pros
3Y returns in the top 25% of the category
Larger AUM within category
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Sharwan Kumar Goyal
Fund Manager of UTI Nifty200 Momentum 30 Index Fund Direct Growth, since 10 March 2021
Top funds managed
UTI Nifty200 Momentum 30 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 29.16% since inception which is more than its category average return of 19.44%
Fund Allocations
This fund has an allocation of 99.87% in Equity, 0% in Debt and 0.13% in Cash related instruments
AUM size ₹4849 Cr
This fund has AUM of ₹4849 Cr which is more than its category average of ₹ 681 Cr
Expense Ratio 0.46%
This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 0.51%
Frequently Asked Questions
The current NAV of UTI Nifty200 Momentum 30 Index Fund Direct Growth is ₹22.75 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
UTI Nifty200 Momentum 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.79% | 5.79% |
6 Month Returns | 46.01% | 46.01% |
1 Year Returns | 69.6% | 69.6% |
3 Years Returns | 102.41% | 26.5% |
5 Years Returns | 0% | 0% |
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0.46% as on April 2024
₹4849 Cr as on April 2024
Bajaj Auto Ltd(6.14%), Tata Motors Ltd(5.99%), Trent Ltd(5.77%), Coal India Ltd(5.15%), Hindustan Aeronautics Ltd Ordinary Shares(5.12%) as on April 2024
Consumer Cyclical(28.61%), Industrial(20.17%), Health(17.99%) as on April 2024
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 | - | - | - |
As on April 2024
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 | - | - | - |
As on April 2024
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 | - | - | - |
As on April 2024
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 | 14 | 17.23 | - |
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 Nifty200 Momentum 30 Index Fund Direct Growth
The Exit load of UTI Nifty200 Momentum 30 Index Fund Direct Growth is 0%