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Business News/Market/Market Stats/    UTI Nifty Next 50 Index Fund Regular Growth

UTI Nifty Next 50 Index Fund Regular Growth

+
  • Index Funds
  • Index Funds
  • Rating N.A.
  • Plan
21.17 +0.18 (0.87%) NAV as on 01 Mar, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)3145.51
  • CAGR 58.02%
  • Exit Load0.00%
  • Expense ratio0.80%
  • CategoryIndex Funds
  • Min Investment5000
  • Min SIP500
  • Launch Date2018-06-28

Morning Star Rating N.A.

Medium
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 03 March 2024

  • Name
  • Value (Cr)
  • Holding %
  • DLF
  • 97.56
  • 3.10%
View More

Risk & Volitility

  • Alpha -0.90%
  • Beta 1.00
  • Sharpe Ratio0.87
  • Std Deviation 17.02%
  • Tracking Error 0.15%

About Fund

The principal investment objective of the scheme is to invest in stocks of companies comprising the underlying index and endeavor to achieve return equivalent to underlying index by “passive” investment. The scheme will be managed by replicating the index in the same weightages in the underlying Index with the intention of minimizing the performance differences between the scheme and the underlying Index in capital terms, subject to market liquidity, costs of trading, management expenses and other factors which may cause tracking error. The scheme would alter the scripts/weights as and when the same are altered in the underlying index.

 

The UTI Nifty Next 50 Index Fund Regular Growth has an AUM of 3145.51 crores & has delivered CAGR of 17.42% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.80%. The minimum investment in UTI Nifty Next 50 Index Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

 

The top holdings of the fund include Shriram Finance, Trent, Bharat Electronics & Tata Power.

 

The major sectors where the fund is invested are Consumer Financial Services, Personal & Household Prods., Aerospace & Defense & Chemical Manufacturing.

 

Some of the similar funds are UTI Nifty Next 50 Index Fund Regular Growth, ICICI Prudential Nifty Next 50 Index Fund Growth, Nippon India Index Fund - Nifty 50 Plan - Growth, UTI Nifty200 Momentum 30 Index Fund Regular Growth, Navi Nifty 50 Index Fund Regular Growth. UTI Nifty Next 50 Index Fund Regular Growth has a sharpe ratio of 0.87 & a standard deviation of 17.02%.

FAQs about UTI Nifty Next 50 Index Fund Regular Growth

According to the morning star rating UTI Nifty Next 50 Index Fund Regular Growth has a Medium risk & Exceptional return.
UTI Nifty Next 50 Index Fund Regular Growth is managed by Sharwan Kumar Goyal,Ayush Jain.
The expense ratio of UTI Nifty Next 50 Index Fund Regular Growth is 0.80%.
The 5 year annualized return on UTI Nifty Next 50 Index Fund Regular Growth is 17.42% & it has generated 58.02% in the last 1 year.
The minimum investment in UTI Nifty Next 50 Index Fund Regular Growth is 5000 Rs.
UTI Nifty Next 50 Index Fund Regular Growth has an AUM of 3145.51 crores.
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