3 Year return

11.2%
Launched on January 2013 (11 years)

Investment Details

₹500

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹20432.09 Cr.

Expense Ratio

0.19% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

3
4
0

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings

UTI Mutual Fund Managers

SG

Sharwan Kumar Goyal

Fund Manager since Sep 2024

View Details

Fund House Details

UTI Mutual Fund

UTI Mutual Fund Asset management company

AUM ₹342,690.24 Cr.
No. of Schemes 269
Setup Date January 2003

Peer Comparison

Comparison with other similar funds

Schemes by UTI Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
16.51%
scheme logo

Hybrid . Aggressive Hybrid Fund

UTI Aggressive Hybrid Fund Direct Plan Growth

16.51%
6.71%

About UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment

UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment is an index fund that tracks the Nifty 50 index. The fund is managed by UTI Mutual Fund. It is a direct plan, i.e. there are no intermediaries. It is an IDCW Reinvestment scheme, which means that dividends are reinvested in the fund. This is an open-ended scheme that allows investors to buy or sell units at any time during trading hours.

Investment Objective of the Scheme

The investment objective of UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment is to provide returns that closely track the returns of the Nifty 50 index. Therefore, the fund focuses on moderate, long-term growth in line with the overall economy.

Key Features of The Fund

5-year return 16.19%
Expense Ratio 0.19%
Fund Manager Sharwan Kumar Goyal
Fund Size ₹20432.09 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment is a good option for investors who are looking for a low-risk fund with a low expense ratio. This is because the fund tracks the Nifty 50 index, which is a broad market index that includes large-cap stocks. This means that the fund is less volatile than a fund that invests in a more concentrated portfolio of stocks. Its expense ratio is also low compared to the category average.

AMC Contact Details

Name UTI Mutual Fund
Launch Date January 2003
Addresss First Floor, Unit No. 2, Block ‘B’, JVPD Scheme, Gulmohar Cross Road No. 9, Andheri (West), Mumbai – 400049.
Contact 1800 266 1230 (+91) 022 6227 8000 022 – 68990800
Email service@uti.co.in
Website https://www.utimf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Explore Tax-Saving Investment Advantages With SIPs

You can deduct ₹1.5 lakh from your taxable income by investing in an Equity Linked Savings Scheme (ELSS) through SIP, as allowed by Section 80(C) of the Income Tax Act, 1961. With a SIP in ELSS, individuals whose income is in the highest tax bracket (30%) can save about ₹45,000 annually. Plan tax-efficient investments and estimate possible returns utilising systematic investment plan calculator.

FAQs

What is today's NAV of UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment Nov 08 2024 is 84.1146

What is the AUM of UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment is 20432.09 crore.

What is the expense ratio of UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment is 0.19%

What are the returns of UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment since inception?

The UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment was launched on Jan 01 2013. The fund has delivered a CAGR of 13.51 since inception.

What is the minimum SIP amount to invest in UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment is 500.

How do I invest in UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in UTI Nifty 50 Index Fund Direct Plan IDCW Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.