UTI Nifty 50 Index Fund Direct Growth

UTI Nifty Index Fund is a type of mutual fund that invests in a diverse basket of equities that comprise the Nifty 50 index. The Nifty 50 index is a National Stock platform (NSE) of India benchmark index that represents the performance of the top 50 firms listed on the platform.

UTI Nifty Index Fund, as an index fund, seeks to mirror the performance of the Nifty 50 index by investing in the same stocks in the same proportions as the index. This means that the fund's returns are projected to closely match the Nifty 50 index's performance. The fund invests in leading companies such as Wipro, Infosys, ITC, and HUL.

1. UTI Nifty 50 Index Fund Direct Growth has ₹22521 Cr worth of assets under management (AUM) as on Apr 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

UTI Nifty 50 Index Fund Direct Growth has given a CAGR return of 13.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.12%, 15.18% and 22.04% respectively.

UTI Nifty 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Cyclical, Consumer Defensive, Basic Materials, Industrial, Communication, Health, Utilities. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd

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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The principal investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavor to achieve return equivalent to Nifty 50 Index by “passive” investment. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. UTI Nifty 50 Index Fund Direct Growth has no lock in period.