UTI NIFTY50 Equal Weight Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | N/A | N/A | N/A | N/A |
Average Rolling Returns(%) | N/A | N/A | N/A | N/A |
The Current NAV of UTI NIFTY50 Equal Weight Index Fund - Growth - Direct Plan is ₹13.04.
It is better to invest in a fund with a longer track record as UTI NIFTY50 Equal Weight Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.
UTI NIFTY50 Equal Weight Index Fund - Growth - Direct Plan fund’s expense ratio is 0.56%
The process for redemption is
The AUM of UTI NIFTY50 Equal Weight Index Fund - Growth - Direct Plan is currently ₹71 Crores.
The Top three stocks are Hindalco, Divis Lab and Eicher Motors and account for 7% of its portfolio. Top 5 and 10 stocks of fund account for 11% and 22% of fund’s portfolio respectively.
Top three sectors of UTI NIFTY50 Equal Weight Index Fund - Growth - Direct Plan fund are BFSI, Auto and IT accounting for 45% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of UTI NIFTY50 Equal Weight Index Fund - Growth - Direct Plan Fund is Index Funds - Other.
Sharwan Kumar Goyal and Ayush Jain manage the UTI NIFTY50 Equal Weight Index Fund - Growth - Direct Plan Fund.
UTI NIFTY50 Equal Weight Index Fund - Growth - Direct Plan current PE ratio is 37.01 and PB ratio is 7.53
The asset allocation of UTI NIFTY50 Equal Weight Index Fund - Growth - Direct Plan is Stocks : 100.23%, Debt : -0.19% and Gold : 0%
The minimum SIP amount for UTI NIFTY50 Equal Weight Index Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00
The exit load for UTI NIFTY50 Equal Weight Index Fund - Growth - Direct Plan is Nil