UTI Nifty200 Momentum 30 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 22-11-2024
₹ 22.97
▲2.2%
1D
Inception Returns
25.2%
/yr
About UTI Nifty200 Momentum 30 Index Fund Direct Growth
UTI Nifty200 Momentum 30 Index Fund Direct Growth is an equity fund. This fund was started on 10 March, 2021. The fund is managed by Sharwan Kumar Goyal. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Nifty200 Momentum 30 Index Fund Direct Growth has ₹8121 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
UTI Nifty200 Momentum 30 Index Fund Direct Growth has given a CAGR return of 25.17% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 38.24% and 18.21% respectively.
Holdings
UTI Nifty200 Momentum 30 Index Fund Direct Growth has allocated its funds majorly in Consumer Cyclical, Industrial, Utilities, Financial Services, Communication, Tech, Energy, Basic Materials, Health, Real Estate. Its top holdings are Trent Ltd, Bharti Airtel Ltd, NTPC Ltd, Bajaj Auto Ltd, Adani Ports & Special Economic Zone 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 Nifty200 Momentum 30 Index Fund Direct Growth
The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns 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 Nifty200 Momentum 30 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for UTI Nifty200 Momentum 30 Index Fund Direct Growth
UTI Nifty200 Momentum 30 Index Fund Direct Growth Overview
| Expense ratio | 0.39% |
Benchmark | Nifty200 Momentum 30 |
| AUM | ₹8121 Cr |
| Inception Date | 10 March, 2021 |
| Min Lumpsum/SIP | ₹1000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 125.29% |
| STCG | Redeeming 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 (31-Oct-24)
- This fund’s returns stands at -8.18% whereas the fund’s underlying benchmark Nifty200 Momentum 30 returns stands at -6.17% as on Oct'24
- This fund underperformed Nifty200 Momentum 30 by 2.01% in Oct'24
- AUM of the fund stands at 8.1K Cr as of Oct'24
- AUM decreased by 329 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Consumer Cyclical, Industrial & Utilities
Top Losers | 1M Return |
|---|---|
 Tata Motors Ltd | -13.3% |
 Bajaj Auto Ltd | -9.1% |
 Mahindra & Mahindra Ltd | -1.6% |
UTI Nifty200 Momentum 30 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹8121 Cr
Expense Ratio 0.39%
Frequently Asked Questions for UTI Nifty200 Momentum 30 Index Fund Direct Growth
UTI Nifty200 Momentum 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.41% | -5.41% |
6 Month Returns | -2.36% | -2.36% |
1 Year Returns | 38.24% | 38.24% |
3 Years Returns | 65.16% | 18.21% |
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 Nifty200 Momentum 30 Index Fund Direct Growth | -0.27 | -0.2 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Nifty200 Momentum 30 Index Fund Direct Growth | 1 | 1 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI Nifty200 Momentum 30 Index Fund Direct Growth | 2.3 | 0.78 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI Nifty200 Momentum 30 Index Fund Direct Growth | 17.22 | 18.18 | - |