UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Direct Growth

UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Direct Growth is an equity fund. This fund was started on 13 February, 2025. The fund is managed by Sharwan Kumar Goyal. The fund could potentially beat inflation in the long-run.

1. UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Direct Growth has ₹40 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 0.4.
   

UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Direct Growth has given a CAGR return of 1.86% since inception.

UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Industrial, Financial Services, Health, Basic Materials, Consumer Defensive, Consumer Cyclical, Communication, Utilities, Energy, Real Estate. Its top holdings are BSE Ltd, Dixon Technologies (India) Ltd, Persistent Systems Ltd, Coforge Ltd, CG Power & Industrial Solutions 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 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

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Direct Growth has no lock in period.