UTI Nifty 50 Index Fund-Reg(G)

View the direct plan of this scheme

Rs 163.1011   3.8(2.385 %) NAV as on 22 Nov 2024
Prime Rating: 5 
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Fund type:
Equity
AUM (in crores):
₹ 19,626.32
Fund category:
Index Funds
Fund manager(s):
Sharwan Kumar Goyal, Ayush Jain
Benchmark:
NIFTY 50 - TRI
Minimum investment:
₹ 1000
Launch date:
04 Mar 2000
Min. additional investment:
₹ 1000
Expense ratio:
0.25 %
Exit load:
Nil

Scheme Objective: The principal investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavor to achieve return equivalent to Nifty 50 Index by u201cpassiveu201d investment. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.


Performance (As on 22 Nov 2024)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme6.37 % 21.58 % 12.04 %15.81 % 11.95 %
NIFTY 505.79 % 20.62 % 11.13 %14.93 % N/A

Portfolio

Top 10 stock holdings
Allocation (%)
EQ - HDFC BANK LIMITED
12.11%
EQ - ICICI BANK LTD
8.37%
EQ - RELIANCE INDUSTRIES LTD.
8.31%
EQ - INFOSYS LTD.
5.82%
EQ - ITC LTD.
4.18%
EQ - BHARTI AIRTEL LTD.
3.98%
EQ - LARSEN & TOUBRO LTD.
3.92%
EQ - TATA CONSULTANCY SERVICES LTD.
3.73%
EQ - AXIS BANK LTD.
3.04%
EQ - STATE BANK OF INDIA
2.9%

About this category

Index funds aim to mimic a specific index. It could be the Nifty 50, or the Nifty Next 50, the Sensex and so on. These funds invest in the stocks that make up that index, in the exact same weights. An index fundu2019s performance moves in line with the index. However, there may be deviation in returns on account of expenses, cash kept to meet redemption requirements, and difficulty in buying and selling stocks in the index. Depending on the index, some can beat actively managed funds.

Suitability

Index funds suit investors who simply want a passive strategy with no fund-management risks. Depending on the index, risk appetite required may be conservative to high. The minimum period for which these funds need to be held is 5 years.

Taxation
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