UTI Nifty200 Momentum 30 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 20-12-2024
₹ 22.92
1D
Inception Returns
24.4%
/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 ₹8334 Cr worth of assets under management (AUM) as on Nov 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 24.41% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 25.94% and 19.68% respectively.
Holdings
UTI Nifty200 Momentum 30 Index Fund Direct Growth has allocated its funds majorly in Consumer Cyclical, Industrial, Financial Services, Utilities, Communication, Tech, Basic Materials, Energy, Health, Real Estate. Its top holdings are Trent Ltd, Bharti Airtel Ltd, Mahindra & Mahindra Ltd, NTPC Ltd, Bharat Electronics 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
Annualised
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24251 people have invested ₹ 21.4Cr in UTI Nifty200 Momentum 30 Index Fund Direct Growth in the last three months
INDmoney Rank for UTI Nifty200 Momentum 30 Index Fund Direct Growth
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IND ranking is not available for this fund.
Larger AUM within category
No bad points found for this fund.
UTI Nifty200 Momentum 30 Index Fund Direct Growth Overview
| Expense ratio | 0.42% |
Benchmark | Nifty200 Momentum 30 |
| AUM | ₹8334 Cr |
| Inception Date | 10 March, 2021 |
| Min Lumpsum/SIP | ₹1000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 125.29% |
| 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)
Large cap
84.3%
Mid cap
15.8%
Sector Allocation
Consumer Cyclical
28.7%
Industrial
26.6%
Financial Services
10.2%
Utilities
8.8%
Communication
7.5%
Tech
5.1%
Basic Materials
4.5%
Energy
4.2%
Health
3.6%
Real Estate
0.9%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -0.74% whereas the fund’s underlying benchmark Nifty200 Momentum 30 returns stands at -0.71% as on Nov'24
- This fund underperformed Nifty200 Momentum 30 by 0.03% in Nov'24
- AUM of the fund stands at 8.3K Cr as of Nov'24
- AUM increased by 213 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Mahindra & Mahindra Ltd's allocation increased from 4.77% to 5.23%
Dixon Technologies (India) Ltd's allocation increased from 3.33% to 3.77%
Siemens Ltd's allocation increased from 4.64% to 5.08%
Top Stocks sold last month
Trent Ltd's allocation decreased from 6.79 % to 6.53 %
NTPC Ltd's allocation decreased from 5.75 % to 5.17 %
Bajaj Auto Ltd's allocation decreased from 5.18 % to 4.8 %
Large Cap allocation has gone down from 84.8% to 84.3%
Mid Cap allocation has gone up from 15.3% to 15.8%
Cash allocation has gone up from -0.1% to -0.1%
Top 3 Sectors in November were Consumer Cyclical, Industrial & Utilities
Nov'24
Consumer Cyclical
29%
Industrial
27%
Financial Services
10%
Oct'24
Consumer Cyclical
29%
Industrial
26%
Utilities
10%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Trent Ltd | 6.53% | 3.5% | |
 Bharti Airtel Ltd | 5.9% | 3.5% | |
 Mahindra & Mahindra Ltd | 5.23% | 3.5% | |
 NTPC Ltd | 5.17% | 3.5% | |
 Bharat Electronics Ltd | 5.1% | 3.5% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Dixon Technologies (India) Ltd | 22.7% |
 Siemens Ltd | 14.9% |
 Bharat Electronics Ltd | 8.4% |
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Sharwan Kumar Goyal
Fund Manager of UTI Nifty200 Momentum 30 Index Fund Direct Growth, since 10 March 2021
Top funds managed
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.36L Cr
as on 29-Nov-2024
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
Phone
+912266786666
Website
service@uti.co.in
UTI Nifty200 Momentum 30 Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 24.41% since inception which is more than its category average return of 14.71%
Fund Allocations
This fund has an allocation of 100.09% in Equity, 0% in Debt and -0.09% in Cash related instruments
AUM size ₹8334 Cr
This fund has AUM of ₹8334 Cr which is more than its category average of ₹ 824 Cr
Expense Ratio 0.42%
This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 0.56%
Frequently Asked Questions for UTI Nifty200 Momentum 30 Index Fund Direct Growth
The current NAV of UTI Nifty200 Momentum 30 Index Fund Direct Growth is ₹22.92 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
UTI Nifty200 Momentum 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.01% | -0.01% |
6 Month Returns | -6.7% | -6.7% |
1 Year Returns | 25.94% | 25.94% |
3 Years Returns | 71.43% | 19.68% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.42% as on November 2024
₹8334 Cr as on November 2024
Trent Ltd(6.53%), Bharti Airtel Ltd(5.9%), Mahindra & Mahindra Ltd(5.23%), NTPC Ltd(5.17%), Bharat Electronics Ltd(5.1%) as on November 2024
Consumer Cyclical(28.73%), Industrial(26.58%), Financial Services(10.16%) as on November 2024
The alpha ratio for the UTI Nifty200 Momentum 30 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Nifty200 Momentum 30 Index Fund Direct Growth | -0.29 | -0.19 | - |
As on November 2024
The alpha for UTI Nifty200 Momentum 30 Index Fund Direct Growth is calculated against Nifty200 Momentum 30. 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 Nifty200 Momentum 30 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Nifty200 Momentum 30 Index Fund Direct Growth | 1 | 1 | - |
As on November 2024
The Beta for UTI Nifty200 Momentum 30 Index Fund Direct Growth is calculated with Nifty200 Momentum 30. 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 Nifty200 Momentum 30 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 Nifty200 Momentum 30 Index Fund Direct Growth | 1.76 | 0.81 | - |
As on November 2024
The sharpe ratio for UTI Nifty200 Momentum 30 Index Fund Direct Growth is calculated with Nifty200 Momentum 30. 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 Nifty200 Momentum 30 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 Nifty200 Momentum 30 Index Fund Direct Growth | 15.17 | 18.09 | - |
As on November 2024
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 1.33 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Sharwan Kumar Goyal is the fund manager of UTI Nifty200 Momentum 30 Index Fund Direct Growth
The Exit load of UTI Nifty200 Momentum 30 Index Fund Direct Growth is 0%