UTI Nifty 500 Value 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 20-12-2024
₹ 18.82
1D
Inception Returns
47.5%
/yr
About UTI Nifty 500 Value 50 Index Fund Direct Growth
UTI Nifty 500 Value 50 Index Fund Direct Growth is an equity fund. This fund was started on 10 May, 2023. The fund is managed by Sharwan Kumar Goyal. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Nifty 500 Value 50 Index Fund Direct Growth has ₹510 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
UTI Nifty 500 Value 50 Index Fund Direct Growth has given a CAGR return of 47.49% since inception. Over the last 1 year the fund has given a CAGR return of 28.77%.
Holdings
UTI Nifty 500 Value 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Financial Services, Energy, Utilities, Industrial, Tech, Communication. Its top holdings are State Bank of India, Power Grid Corp Of India Ltd, Grasim Industries Ltd, Vedanta Ltd, Hindalco Industries 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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of UTI Nifty 500 Value 50 Index Fund Direct Growth
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 is no guarantee or 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 Nifty 500 Value 50 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
UTI Nifty 500 Value 50 Index Fund Direct Growth Overview
| Expense ratio | 0.56% |
Benchmark | Nifty 500 Value 50 TR INR |
| AUM | ₹510 Cr |
| Inception Date | 10 May, 2023 |
| Min Lumpsum/SIP | ₹1000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 109.36% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at -0.63% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
- This fund outperformed Nifty 50 by 0.08% in Nov'24
- AUM of the fund stands at 510.4 Cr as of Nov'24
- AUM increased by 11 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Basic Materials, Financial Services & Energy
Top Growth Drivers | 1M Return |
|---|---|
 State Bank of India | 6.7% |
 Piramal Enterprises Ltd | 6.4% |
 Power Finance Corporation Ltd | 6% |
UTI Nifty 500 Value 50 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹510 Cr
Expense Ratio 0.56%
Frequently Asked Questions for UTI Nifty 500 Value 50 Index Fund Direct Growth
UTI Nifty 500 Value 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.33% | -0.33% |
6 Month Returns | -7.19% | -7.19% |
1 Year Returns | 28.77% | 28.77% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Nifty 500 Value 50 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Nifty 500 Value 50 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI Nifty 500 Value 50 Index Fund Direct Growth | 1.62 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI Nifty 500 Value 50 Index Fund Direct Growth | 19.75 | - | - |