UTI-Nifty 50 Index Fund – Direct Growth

Other · Index
 · ★★★
₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.21 %
Expense Ratio
★★★
Rating
15,648
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 28 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 31.4% 16.2% 15.1% 13.3%
Category Average 33.2% 15.9% 15.4% -

Scheme Allocation

By Holding
By Sector
By Asset
10.98%
7.68%
6.22%
TCS
4.32%
Others
60.51%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 10.98%
Reliance Industr Refineries Equity 10.29%
ICICI Bank Banks Equity 7.68%
Infosys IT - Software Equity 6.22%
TCS IT - Software Equity 4.32%
Larsen & Toubro Infrastructure Developers & Operators Equity 4.28%
ITC Tobacco Products Equity 3.75%
Axis Bank Banks Equity 3.11%
St Bk of India Banks Equity 2.99%
Bharti Airtel Telecomm-Service Equity 2.96%
Kotak Mah. Bank Banks Equity 2.59%
Hind. Unilever FMCG Equity 2.24%
Bajaj Finance Finance Equity 1.88%
HCL Technologies IT - Software Equity 1.83%
M & M Automobile Equity 1.8%
Sun Pharma.Inds. Pharmaceuticals Equity 1.77%
Tata Motors Automobile Equity 1.74%
NTPC Power Generation & Distribution Equity 1.66%
Titan Company Diamond, Gems and Jewellery Equity 1.57%
Maruti Suzuki Automobile Equity 1.55%
Power Grid Corpn Power Generation & Distribution Equity 1.34%
Asian Paints Paints/Varnish Equity 1.32%
Tata Steel Steel Equity 1.21%
UltraTech Cem. Cement Equity 1.19%
O N G C Crude Oil & Natural Gas Equity 1.07%
Coal India Mining & Mineral products Equity 1.04%
Adani Ports Marine Port & Services Equity 1.01%
IndusInd Bank Banks Equity 1.01%
Nestle India FMCG Equity 0.96%
Bajaj Auto Automobile Equity 0.93%
Bajaj Finserv Finance Equity 0.9%
Adani Enterp. Trading Equity 0.9%
Grasim Inds Textiles Equity 0.84%
Tech Mahindra IT - Software Equity 0.83%
Dr Reddy's Labs Pharmaceuticals Equity 0.81%
Cipla Pharmaceuticals Equity 0.81%
JSW Steel Steel Equity 0.79%
Tata Consumer Plantation & Plantation Products Equity 0.78%
Hindalco Inds. Non Ferrous Metals Equity 0.77%
Wipro IT - Software Equity 0.76%
SBI Life Insuran Insurance Equity 0.73%
Apollo Hospitals Healthcare Equity 0.64%
HDFC Life Insur. Insurance Equity 0.64%
Britannia Inds. FMCG Equity 0.61%
B P C L Refineries Equity 0.6%
Hero Motocorp Automobile Equity 0.6%
Eicher Motors Automobile Equity 0.54%
LTIMindtree IT - Software Equity 0.51%
Divi's Lab. Pharmaceuticals Equity 0.46%
UPL Agro Chemicals Equity 0.25%
Banks
28.36%
IT-Software
14.47%
Petroleum Products
10.89%
Automobiles
7.16%
Diversified FMCG
5.99%
Others
33.13%
View all Sectors
Sectors Asset
Banks 28.36%
IT-Software 14.47%
Petroleum Products 10.89%
Automobiles 7.16%
Diversified FMCG 5.99%
Construction 4.28%
Pharmaceuticals & Biotech 3.85%
Power 3%
Telecom-Services 2.96%
Consumer Durables 2.89%
Finance 2.78%
Cement & Cement Products 2.03%
Ferrous Metals 2%
Food Products 1.57%
Insurance 1.37%
Oil 1.07%
Consumable Fuels 1.04%
Transport Infrastructure 1.01%
Metals & Minerals Trading 0.9%
Agricultural Food & other 0.78%
Non-Ferrous Metals 0.77%
Healthcare Services 0.64%
Fertilisers & Agrochemica 0.25%
Others 0%
Cash & Others -0.05%
Equity
100.05%
Fixed Deposit
0%
Net Curr Ass/Net Receivables
-0.05%

Advance Ratio

-0.23
Alpha
3.72
SD
1
Beta
0.69
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The UTI-Nifty 50 Index Fund is an index-based diversified equity scheme launched on 6th March 2000 by UTI Mutual Fund.

The scheme distributes the majority of its investments across the financial services, IT, fast-moving consumer goods, automobiles, and oil, gas and consumable fuels sectors. It is managed by Sharwan Kumar Goyal and Ayush Jain.

The scheme’s investment objective is to replicate the performance of the Nifty 50 Index by investing in a portfolio of stocks that comprises the Nifty 50 Index. The scheme uses a passive investment strategy to achieve returns equivalent to those of the Nifty 50 Index by investing in the same stocks and proportions as the Index.

The UTI-Nifty 50 Index Fund does not take any active sector or stock exposure that deviates from the composition of the Nifty 50 Index.

Pros & Cons

Pros Cons
The UTI-Nifty 50 Index Fund has a high AUM (Assets Under Management), which indicates that it attracts a large number of investments from investors. 3-year and 5-year annualized returns for the UTI-Nifty 50 Index Fund are below the benchmark and the average for its category.
The scheme has a relatively low expense ratio, meaning its management fees and expenses are low, which translates to more of the scheme’s returns being passed on to investors. The scheme has a higher standard deviation and beta than its category average, indicating more volatile returns.
The scheme has had a higher Sharpe ratio in the past 3 years compared to its category average, indicating that it has provided increased returns for each unit of additional risk. The scheme has had a lower alpha in the past 3 years compared to its category average, indicating that it has underperformed.

Who should invest in the UTI-Nifty 50 Index Fund?

The UTI-Nifty 50 Index Fund is suitable for investors who want to achieve capital growth that aligns with the returns of the Nifty 50 Index. The scheme is also ideal for investors seeking to mitigate risks associated with investing in a single company or sector.

The UTI-Nifty Index Fund is a good choice for new investors or with a limited investment budget, as it provides a low-cost and easy way to gain exposure to 50 of the largest publicly traded companies in India.

The scheme is widely recognised as a reputable investment option within the Index Fund category due to its consistent performance, cost-efficiency, substantial assets under management (AUM), and minimal tracking error. Its ability to generate favourable returns for investors has made it a popular choice among investors. In addition, the fund has a proven track record of delivering a Compound Annual Growth Rate (CAGR) of 11.56% since its inception, which measures the fund’s annualised growth rate over time.

The scheme is suitable for investors with a long-term investment horizon of at least 5 years and very high-risk appetites. However, if your investment objective is low-risk or short-term, other investment options may be more suitable than the UTI-Nifty 50 Index Fund.

What are the benefits of investing in the UTI-Nifty 50 Index Fund?

  • The UTI-Nifty 50 Index Fund has generated a CAGR of 11.56% since its inception, almost matching its benchmark, the Nifty 50 Index.
  • The scheme is the largest Nifty 50 Index fund, indicating the scheme’s popularity amongst investors.
  • The UTI-Nifty 50 Index Fund has a lower expense ratio than actively managed funds, which means more money is invested in the underlying assets rather than being used to pay for fund management fees.
  • As the scheme fund aims to track the performance of the Nifty 50 Index, it provides diversification across different sectors and companies, which helps to reduce the risk of investing in a single stock.
  • The tracking error of the UTI-Nifty 50 Index Fund is low. Tracking error measures the deviation of the scheme’s returns from the returns of the Nifty 50 Index. A low tracking error indicates that the scheme closely tracks the index’s performance.
  • The benchmark of UTI-Nifty 50 Index Fund, i.e., the Nifty 50 Index, demonstrates lower volatility when compared to mid and small-cap indices. The Nifty 50 Index has consistently delivered positive returns based on 5-year daily rolling returns in the past.

Fund Managers

Sharwan Kumar Goyal

Sharwan Kumar Goyal is currently employed as the Vice President and Fund Manager – Equities. He is a CFA charter holder from CFA Institute, USA, and has a Postgraduate Diploma in Management (MMS) from Welingkar Institute of Management Development & Research, Mumbai. He started his career at UTI in June 2006 and has more than 11 years of experience in risk management, equity analysis, and portfolio analysis. He is currently working as a fund manager for overseas investments.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

UTI Mutual Fund
AUM:
2,73,057 Cr
Address:
UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051
Contact:
66786666
Email ID:
service@uti.co.in

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Frequently Asked Questions

How to invest in UTI-Nifty 50 Index Fund – Direct Growth ?

You can invest in UTI-Nifty 50 Index Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for UTI-Nifty 50 Index Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of UTI-Nifty 50 Index Fund – Direct Growth ?

The NAV of UTI-Nifty 50 Index Fund – Direct Growth is ₹153.1 as of 28 March 2024.

How to redeem UTI-Nifty 50 Index Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of UTI-Nifty 50 Index Fund – Direct Growth?

The minimum SIP amount of UTI-Nifty 50 Index Fund – Direct Growth is ₹500

What are the top sectors UTI-Nifty 50 Index Fund – Direct Growth has invested in?

The top sectors UTI-Nifty 50 Index Fund – Direct Growth has invested in are
  1. Banks - 28.36%
  2. IT-Software - 14.47%
  3. Petroleum Products - 10.89%
  4. Automobiles - 7.16%
  5. Diversified FMCG - 5.99%

Can I make investments in both the SIP and Lump Sum schemes of UTI-Nifty 50 Index Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of UTI-Nifty 50 Index Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have UTI-Nifty 50 Index Fund – Direct Growth generated ?

The UTI-Nifty 50 Index Fund – Direct Growth has delivered 13.3% since inception

What is the expense ratio of UTI-Nifty 50 Index Fund – Direct Growth ?

The expense ratio of UTI-Nifty 50 Index Fund – Direct Growth is 0.21 % as of 28 March 2024.

What is the AUM of UTI-Nifty 50 Index Fund – Direct Growth?

The AUM of UTI-Nifty 50 Index Fund – Direct Growth is ₹2,73,057 Cr as of 28 March 2024

What are the top stock holdings of UTI-Nifty 50 Index Fund – Direct Growth?

The top stock holdings of UTI-Nifty 50 Index Fund – Direct Growth are
  1. HDFC Bank - 10.98%
  2. Reliance Industr - 10.29%
  3. ICICI Bank - 7.68%
  4. Infosys - 6.22%
  5. TCS - 4.32%

How can I redeem my investments in UTI-Nifty 50 Index Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select UTI-Nifty 50 Index Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

Is there any lock-in period for UTI-Nifty 50 Index Fund - Direct Growth?

No, there is no lock-in period for UTI-Nifty 50 Index Fund – Direct Growth.

Invest Now