UTI Nifty50 Equal Weight Index Fund Direct Growth
NAV as on 17-04-2025
₹ 13.67
▲1.3%
1D
Inception Returns
18.3%
/yr
Historical NAV & Returns
Absolute
▲
▼
218 people have invested ₹ 13.9L in UTI Nifty50 Equal Weight Index Fund Direct Growth in the last three months
About UTI Nifty50 Equal Weight Index Fund Direct Growth
UTI Nifty50 Equal Weight Index Fund Direct Growth is an equity fund. This fund was started on 7 June, 2023. The fund is managed by Sharwan Kumar Goyal. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Nifty50 Equal Weight Index Fund Direct Growth has ₹94 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
UTI Nifty50 Equal Weight Index Fund Direct Growth has given a CAGR return of 18.26% since inception. Over the last 1 year the fund has given a CAGR return of 7.10%.
Holdings
UTI Nifty50 Equal Weight Index Fund Direct Growth has allocated its funds majorly in Financial Services, Consumer Cyclical, Basic Materials, Tech, Consumer Defensive, Energy, Health, Industrial, Utilities, Communication. Its top holdings are Tata Consumer Products Ltd, Bajaj Finserv Ltd, Trent Ltd, Hero MotoCorp Ltd, IndusInd Bank 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of UTI Nifty50 Equal Weight Index Fund Direct Growth
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 and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. UTI Nifty50 Equal Weight Index Fund Direct Growth has no lock in period.
UTI Nifty50 Equal Weight Index Fund Direct Growth Overview
| Expense ratio | 0.61% |
Benchmark | NIFTY50 Equal Weight TR INR |
| AUM | ₹94 Cr |
| Inception Date | 7 June, 2023 |
| Min Lumpsum/SIP | ₹1000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 36.44% |
| 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 (31-Mar-25)
Large cap
96%
Mid cap
4.1%
Sector Allocation
Financial Services
24.2%
Consumer Cyclical
17.9%
Basic Materials
12.1%
Tech
9.8%
Consumer Defensive
8.1%
Energy
8.1%
Health
7.9%
Industrial
6.1%
Utilities
4%
Communication
2%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 6.01% whereas the fund’s underlying benchmark Nifty 50 returns stands at 6.33% as on Mar'25
- This fund underperformed Nifty 50 by 0.32% in Mar'25
- AUM of the fund stands at 94.2 Cr as of Mar'25
- AUM increased by 6.7 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Trent Ltd's allocation increased from 1.47% to 2.07%
Power Grid Corp Of India Ltd's allocation increased from 1.73% to 2.01%
ITC Ltd's allocation increased from 1.77% to 2.01%
Top Stocks sold last month
Tata Consumer Products Ltd's allocation decreased from 2.29 % to 2.08 %
Bajaj Finserv Ltd's allocation decreased from 2.57 % to 2.08 %
IndusInd Bank Ltd's allocation decreased from 2.28 % to 2.05 %
Mid Cap allocation has gone down from 4.1% to 4.1%
Large Cap allocation has gone down from 96.1% to 96%
Cash allocation has gone up from -0.1% to -0%
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Basic Materials
Mar'25
Financial Services
24%
Consumer Cyclical
18%
Basic Materials
12%
Feb'25
Financial Services
24%
Consumer Cyclical
15%
Basic Materials
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Tata Consumer Products Ltd | 2.08% | -6.1% | |
 Bajaj Finserv Ltd | 2.08% | -18.9% | |
 Hero MotoCorp Ltd | 2.07% | 19.2% | |
 Trent Ltd | 2.07% | 37.8% | |
 Grasim Industries Ltd | 2.05% | -2.3% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
UTI Nifty50 Equal Weight Index Fund Direct Growth | 7.1% | - | - | 18.26% |
 Motilal Oswal Nifty Bank Index Fund Direct Growth | 15.05% | 13.86% | 21.46% | 13.14% |
 SBI Nifty Index Fund Direct Growth | 8.73% | 11.97% | 21.85% | 12.63% |
 ICICI Prudential Nifty 50 Index Plan Direct Growth | 8.69% | 11.94% | 21.79% | 12.97% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Power Grid Corporation of India Ltd | 14.1% |
 Kotak Mahindra Bank Ltd | 7.6% |
 Bharat Electronics Ltd | 3.5% |
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Sharwan Kumar Goyal
Fund Manager of UTI Nifty50 Equal Weight Index Fund Direct Growth, since 7 June 2023
Top funds managed
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.21L Cr
as on 31-Mar-2025
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
Phone
+912266786666
Website
pms_care@uti.co.in
UTI Nifty50 Equal Weight 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 18.26% since inception which is more than its category average return of 8.09%
Fund Allocations
This fund has an allocation of 100.03% in Equity, 0% in Debt and -0.03% in Cash related instruments
AUM size ₹94 Cr
This fund has AUM of ₹94 Cr which is less than its category average of ₹ 771 Cr
Expense Ratio 0.61%
This fund has an expense ratio of 0.61% which is more than its category average expense ratio of 0.55%
More funds from UTI
5Y CAGR
▲ 27.16
5Y CAGR
▲ 29.33
5Y CAGR
▲ 23.63
Frequently Asked Questions for UTI Nifty50 Equal Weight Index Fund Direct Growth
The current NAV of UTI Nifty50 Equal Weight Index Fund Direct Growth is ₹13.67 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
UTI Nifty50 Equal Weight Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.2% | 6.2% |
6 Month Returns | -6.08% | -6.08% |
1 Year Returns | 7.1% | 7.1% |
3 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.
0.61% as on March 2025
₹94 Cr as on March 2025
Tata Consumer Products Ltd(2.08%), Bajaj Finserv Ltd(2.08%), Trent Ltd(2.07%), Hero MotoCorp Ltd(2.07%), IndusInd Bank Ltd(2.05%) as on March 2025
Financial Services(24.18%), Consumer Cyclical(17.88%), Basic Materials(12.07%) as on March 2025
The alpha ratio for the UTI Nifty50 Equal Weight Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Nifty50 Equal Weight Index Fund Direct Growth | -0.78 | - | - |
As on March 2025
The alpha for UTI Nifty50 Equal Weight Index Fund Direct Growth is calculated against NIFTY50 Equal Weight 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 Nifty50 Equal Weight Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Nifty50 Equal Weight Index Fund Direct Growth | 1 | - | - |
As on March 2025
The Beta for UTI Nifty50 Equal Weight Index Fund Direct Growth is calculated with NIFTY50 Equal Weight 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 Nifty50 Equal Weight 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 Nifty50 Equal Weight Index Fund Direct Growth | -0.1 | - | - |
As on March 2025
The sharpe ratio for UTI Nifty50 Equal Weight Index Fund Direct Growth is calculated with NIFTY50 Equal Weight 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 Nifty50 Equal Weight 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 Nifty50 Equal Weight Index Fund Direct Growth | 15.87 | - | - |
As on March 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.
Sharwan Kumar Goyal is the fund manager of UTI Nifty50 Equal Weight Index Fund Direct Growth
The Exit load of UTI Nifty50 Equal Weight Index Fund Direct Growth is 0%