3 Year return

0
Launched on March 2022 (2 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

₹202.42 Cr.

Expense Ratio

0.45% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year:

15% tax on gains

Withdrawal after 1 year:

10% tax on gains above ₹1 lakh per financial year

Fund Holdings

Holdings

UTI Mutual Fund Managers

SG

Sharwan Kumar Goyal

Fund Manager since May 2019

View Details

Fund House Details

UTI Mutual Fund

UTI Mutual Fund Asset management company

AUM ₹310,822.41 Cr.
No. of Schemes 250
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by UTI Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
20.12%
scheme logo

Hybrid . Aggressive Hybrid Fund

UTI Aggressive Hybrid Fund Direct Plan Growth

20.11%
6.35%

About UTI Nifty Midcap 150 Quality 50 Index Fund Direct Plan Growth

The UTI Nifty Midcap 150 Quality 50 Index Fund Direct Plan Growth is an open-ended equity fund that aims to track the performance of the Nifty Midcap 150 Quality 50 Index. The fund invests in the top 50 companies in the Nifty Midcap 150 Index that meet certain quality criteria, such as having a strong financial track record, good corporate governance practices, and high profitability. The UTI Nifty Midcap 150 Quality 50 Index Fund Direct Plan Growth is an open-ended fund. The expense ratio of the UTI Nifty Midcap 150 Quality 50 Index Fund Direct Plan Growth is lower than the category average.

Investment Objectives of the Scheme

The investment objective of the UTI Nifty Midcap 150 Quality 50 Index Fund Direct Plan Growth is to provide long-term capital appreciation by tracking the performance of the Nifty Midcap 150 Quality 50 Index.

Key Features of The Fund

5-year return NA
Expense Ratio 0.45%
Fund Manager Sharwan Kumar Goyal
Fund Size ₹202.42 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This fund is suitable for investors who are looking for long-term growth and who are comfortable with the risk of investing in mid-cap stocks. The fund is also suitable for investors who are looking for a low-cost option, as the expense ratio is relatively low compared to other index funds in the same category.

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.

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FAQs

What is today's NAV of UTI Nifty Midcap 150 Quality 50 Index Fund?

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 Midcap 150 Quality 50 Index Fund Jul 12 2024 is 14.6576

What is the AUM of UTI Nifty Midcap 150 Quality 50 Index Fund?

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 Midcap 150 Quality 50 Index Fund is 202.42 crore.

What is the expense ratio of UTI Nifty Midcap 150 Quality 50 Index Fund?

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 Midcap 150 Quality 50 Index Fund is 0.45%

What are the returns of UTI Nifty Midcap 150 Quality 50 Index Fund since inception?

The UTI Nifty Midcap 150 Quality 50 Index Fund was launched on Mar 28 2022. The fund has delivered a CAGR of 18.33 since inception.

What is the minimum SIP amount to invest in UTI Nifty Midcap 150 Quality 50 Index Fund?

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 Midcap 150 Quality 50 Index Fund is 500.

How do I invest in UTI Nifty Midcap 150 Quality 50 Index Fund?

  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 Midcap 150 Quality 50 Index Fund?

  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 Midcap 150 Quality 50 Index Fund?

  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 Midcap 150 Quality 50 Index Fund?

  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.