NAV as on 27-03-2025
₹ 23.34
1D
Inception Returns
13.1%
/yr
UTI Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 28 June, 2018. The fund is managed by Sharwan Kumar Goyal. The fund could potentially beat inflation in the long-run.
UTI Nifty Next 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 4.89%, 15.74% and 25.50% respectively.
UTI Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Financial Services, Industrial, Consumer Cyclical, Utilities, Consumer Defensive, Basic Materials, Health, Real Estate, Communication, Tech, Energy. Its top holdings are Zomato Ltd, InterGlobe Aviation Ltd, Divi's Laboratories Ltd, Jio Financial Services Ltd, Vedanta 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 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.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. UTI Nifty Next 50 Index Fund Direct Growth has no lock in period.
Expense ratio | 0.35% |
Benchmark | IISL Nifty Next 50 TR INR |
AUM | ₹4239 Cr |
Inception Date | 28 June, 2018 |
Min Lumpsum/SIP | ₹1000/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 35.8% |
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 |
as on (28-Feb-25)
Top 3 Sectors in February were Financial Services, Industrial & Utilities
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UTI Nifty Next 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.38% | 5.38% |
6 Month Returns | -18.75% | -18.75% |
1 Year Returns | 4.89% | 4.89% |
3 Years Returns | 55.04% | 15.74% |
5 Years Returns | 211.31% | 25.5% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Nifty Next 50 Index Fund Direct Growth | -0.36 | -0.36 | -0.4 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Nifty Next 50 Index Fund Direct Growth | 1 | 1 | 1 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI Nifty Next 50 Index Fund Direct Growth | -0.38 | 0.4 | 0.62 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI Nifty Next 50 Index Fund Direct Growth | 20.36 | 19.66 | 20.66 |