UTI Nifty 50 Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 26.24 | 16.66 | 15.01 | 13.02 |
Average Rolling Returns(%) | 15.08 | 13.45 | 12.56 | 12.90 |
The Current NAV of UTI Nifty 50 Index Fund - Growth - Direct Plan is ₹154.13.
You can consider SIP in UTI Nifty 50 Index Fund - Growth - Direct Plan as it has consistently outperformed the benchmark and has a Very good quality portfolio. However, funds returns unlikely to be different than its benchmark NIFTY 50, as the Funds portfolio is similar to its benchmark.
UTI Nifty 50 Index Fund - Growth - Direct Plan fund’s expense ratio is 0.21%
The process for redemption is
The AUM of UTI Nifty 50 Index Fund - Growth - Direct Plan is currently ₹16,695 Crores.
The Top three stocks are HDFC Bank, Reliance Industries and ICICI Bank and account for 30% of its portfolio. Top 5 and 10 stocks of fund account for 39% and 57% of fund’s portfolio respectively.
Top three sectors of UTI Nifty 50 Index Fund - Growth - Direct Plan fund are BFSI, IT and Oil & Gas accounting for 58% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Index Funds - Nifty 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 Nifty 50 Index Fund - Growth - Direct Plan Fund is Index Funds - Nifty.
Sharwan Kumar Goyal and Ayush Jain manage the UTI Nifty 50 Index Fund - Growth - Direct Plan Fund.
UTI Nifty 50 Index Fund - Growth - Direct Plan current PE ratio is 32.59 and PB ratio is 6.30
The asset allocation of UTI Nifty 50 Index Fund - Growth - Direct Plan is Stocks : 100.03%, Debt : -0.04% and Gold : 0%
The minimum SIP amount for UTI Nifty 50 Index Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00
The exit load for UTI Nifty 50 Index Fund - Growth - Direct Plan is Nil