UTI Nifty Next 50 Index Fund Direct Growth

UTI Nifty Next 50 Index Fund Direct Growth

NAV as on 27-03-2025

₹ 23.34

▼-0.4%

1D

Inception Returns

13.1%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
18901 people have invested ₹ 15.3Cr in UTI Nifty Next 50 Index Fund Direct Growth in the last three months

About UTI Nifty Next 50 Index Fund Direct Growth

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.

Key Parameters

  1. UTI Nifty Next 50 Index Fund Direct Growth has ₹4239 Cr worth of assets under management (AUM) as on Feb 2025 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

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.

Holdings

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

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 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.

Investment objective of UTI Nifty Next 50 Index Fund Direct Growth

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 and lockin period

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.

UTI Nifty Next 50 Index Fund Direct Growth Overview

Expense ratio0.35%
Benchmark
IISL Nifty Next 50 TR INR
AUM₹4239 Cr
Inception Date28 June, 2018
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
35.8%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

INDmoney Rank for UTI Nifty Next 50 Index Fund Direct Growth

Powered by IND quant engine
3
/12
85% Performance
4% Cost
3 out of 12 among Index-Nifty-Next-50
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Low tracking error in the category
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5Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

Fund Distribution

as on (28-Feb-25)

  • Equity 100%

Large cap
88.4%

Mid cap
11.8%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
23.9%
Industrial
14.3%
Consumer Cyclical
12.9%
Utilities
12.1%
Consumer Defensive
10.4%
Basic Materials
10.2%
Health
5.8%
Real Estate
3.5%
Communication
2.7%
Tech
2.1%
Energy
2.1%
All changes are between Dec'24 and Feb'25
Dec'24
Fund Returns
-3.76%
Nifty Next 50
-2.60%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 4.2K Cr
₹ 4.6K Cr
₹ 4.8K Cr
  • AUM of the fund stands at 4.2K Cr as of Feb'25
  • AUM decreased by 341.2 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Zomato Ltd's allocation increased from 6.75% to 7.54%
Zomato Ltd's allocation increased from 6.75% to 7.54%
InterGlobe Aviation Ltd's allocation increased from 3.75% to 4.3%
InterGlobe Aviation Ltd's allocation increased from 3.75% to 4.3%
Cholamandalam Investment and Finance Co Ltd's allocation increased from 2.37% to 2.87%
Cholamandalam Investment and Finance Co Ltd's allocation increased from 2.37% to 2.87%
Top Stocks sold last month
Jio Financial Services Ltd's allocation decreased from 3.5 % to 3.33 %
Jio Financial Services Ltd's allocation decreased from 3.5 % to 3.33 %
Vedanta Ltd's allocation decreased from 3.31 % to 3.28 %
Vedanta Ltd's allocation decreased from 3.31 % to 3.28 %
Hindustan Aeronautics Ltd Ordinary Shares's allocation decreased from 2.97 % to 2.87 %
Hindustan Aeronautics Ltd Ordinary Shares's allocation decreased from 2.97 % to 2.87 %
Mid Cap allocation has gone up from 6.8% to 11.8%
Mid Cap allocation has gone up from 6.8% to 11.8%
Large Cap allocation has gone down from 93.3% to 88.4%
Large Cap allocation has gone down from 93.3% to 88.4%
Cash allocation has gone down from -0.1% to -0.2%
Cash allocation has gone down from -0.1% to -0.2%

Top 3 Sectors in February were Financial Services, Industrial & Utilities

Feb'25
Financial Services
24%
Industrial
14%
Consumer Cyclical
13%
Jan'25
Financial Services
24%
Industrial
15%
Utilities
12%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
51
51
51
Top 5 Company Concentration
21.9%
20.6%
22.3%
Company having highest exposure
Zomato Ltd (7.5%)
Zomato Ltd (6.7%)
Zomato Ltd (7.9%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
73.6%
73.9%
74.5%
Sector having highest exposure
Financial Services (23.9%)
Financial Services (24%)
Financial Services (23.7%)
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Sharwan Kumar Goyal
Sharwan Kumar Goyal
Fund Manager of UTI Nifty Next 50 Index Fund Direct Growth, since 31 August 2018
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.35L Cr
as on 28-Feb-2025
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
Phone
+912266786666
Website
pms_care@uti.co.in

Mutual Fund Insights

Insights icon
In the last 1 year, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth has given 13.49% return, outperforming this fund by 8.6%.
Insights icon
Over the last 3 months, this fund has experienced a 13.0% drop in AUM moving from 4.87K Cr to 4.23K Cr.
Insights icon
In the last 3 years, Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth has given 20.89% return, outperforming this fund by 5.16% per annum.
Insights icon
In the last 5 years, Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth has given 36.31% return, outperforming this fund by 10.81% per annum.
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This fund expense ratio is slightly on the lower side within the category (index funds). Its expense ratio is 0.35% which is lower than the category average expense ratio of 0.43%.
Insights icon
Over the last 3 months, this fund has decreased expense ratio by 5.4% moving from 0.37 to 0.35.

UTI Nifty Next 50 Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.14% since inception which is more than its category average return of 7.74%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.16% in Equity, 0% in Debt and -0.16% in Cash related instruments
AUM size ₹4239 Cr

AUM size ₹4239 Cr

This fund has AUM of ₹4239 Cr which is more than its category average of ₹ 723 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.54%

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Frequently Asked Questions for UTI Nifty Next 50 Index Fund Direct Growth

The current NAV of UTI Nifty Next 50 Index Fund Direct Growth is ₹23.34 as on 27-Mar-2025.
Existing (Absolute + CAGR) as on 27-Mar-2025.
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%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.35% as on February 2025
₹4239 Cr as on February 2025
Zomato Ltd(7.54%), InterGlobe Aviation Ltd(4.3%), Divi's Laboratories Ltd(3.41%), Jio Financial Services Ltd(3.33%), Vedanta Ltd(3.28%) as on February 2025
Financial Services(23.92%), Industrial(14.31%), Consumer Cyclical(12.93%) as on February 2025
The alpha ratio for the UTI Nifty Next 50 Index Fund Direct Growth for various period is as follows:
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
As on February 2025
The alpha for UTI Nifty Next 50 Index Fund Direct Growth is calculated against IISL Nifty Next 50 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the UTI Nifty Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
UTI Nifty Next 50 Index Fund Direct Growth
1
1
1
As on February 2025
The Beta for UTI Nifty Next 50 Index Fund Direct Growth is calculated with IISL Nifty Next 50 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the UTI Nifty Next 50 Index Fund Direct Growth for various period is as follows:
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
As on February 2025
The sharpe ratio for UTI Nifty Next 50 Index Fund Direct Growth is calculated with IISL Nifty Next 50 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the UTI Nifty Next 50 Index Fund Direct Growth for various period is as follows:
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
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.6 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sharwan Kumar Goyal is the fund manager of UTI Nifty Next 50 Index Fund Direct Growth
The Exit load of UTI Nifty Next 50 Index Fund Direct Growth is 0%