UTI Nifty 50 Index Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 161.9662   -0.2821(-0.174 %) NAV as on 19 Jun 2024
Prime Rating: 5 
Prime Recommendation: Upgrade to see

Fund type:
Equity
AUM (in crores):
₹ 16,924.52
Fund category:
Index Funds
Fund manager(s):
Sharwan Kumar Goyal, Ayush Jain
Benchmark:
NIFTY 50 - TRI
Minimum investment:
₹ 5000
Launch date:
01 Jan 2013
Min. additional investment:
₹ 1000
Expense ratio:
0.18 %
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 19 Jun 2024)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme10.19 % 26.56 % 15.51 %16.05 % 13.70 %
NIFTY 509.62 % 25.31 % 14.43 %14.98 % N/A

Portfolio

Top 10 stock holdings
Allocation (%)
EQ - HDFC BANK LIMITED
11.58%
EQ - RELIANCE INDUSTRIES LTD.
9.73%
EQ - ICICI BANK LTD
7.91%
EQ - INFOSYS LTD.
5.05%
EQ - LARSEN & TOUBRO LTD.
4.36%
EQ - ITC LTD.
3.8%
EQ - TATA CONSULTANCY SERVICES LTD.
3.74%
EQ - BHARTI AIRTEL LTD.
3.59%
EQ - AXIS BANK LTD.
3.32%
EQ - STATE BANK OF INDIA
3.2%

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

Short-term: Holding period is less than 12 months.

Taxation: Capital gains are taxed at 15%


Long-term: Holding period is 12 months or more.

Taxation: Capital gains up to Rs 100,000 each financial year is tax-exempt. Remaining capital gains is taxed at 10%. For investments made on or before January 31st, 2018: Capital gain up to this date is tax-free.

How are mutual funds taxed?

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