3 Year return

Launched on June 2018 (6 years)

Investment Details


Minimum SIP Amount


Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund


Your Investment ₹3,00,000
  • Total Value


Your Investment
  • Total Value

Risk Involved


Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹4067.78 Cr.

Expense Ratio

0.34% (inclusive of GST)

Exit Load



ARQ Rating

Ratings by other agencies


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


UTI Mutual Fund Managers


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
scheme logo

Hybrid . Aggressive Hybrid Fund

UTI Aggressive Hybrid Fund Direct Plan Growth


About UTI Nifty Next 50 Index Fund Direct Plan Growth

UTI Nifty Next 50 Index Fund Direct Growth Plan is an open-ended index fund offered by UTI Mutual Fund. It replicates and tracks the Nifty 50 Index. The large cap fund aims to replicate the Nifty 50 Index's performance while accounting for tracking mistakes. The scheme is categorised as an equity fund. It is a passively managed fund that works to keep the return gap between the fund and the index that it tracks as minimal as possible.

Investment Objective of The Scheme

The investment aim of the UTI Nifty Next 50 Index Fund Direct Growth Plan is to generate returns that, before costs and subject to tracking error, approximately mirror the total returns of the securities represented by the underlying index. The volatility of the overall equities market may be reduced by investing through a systematic investment plan (SIP).

Key Features of The Fund

5-year return 22.35%
Expense Ratio 0.34%
Fund Manager Sharwan Kumar Goyal
Fund Size ₹4067.78 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The UTI Nifty Next 50 Index Fund Direct Growth Plan may be appropriate for investors seeking capital growth in line with index returns. Long-term wealth creation could be achieved through passive investing in equity instruments represented by the Nifty Next 50 Index. For new investors, the scheme could be simple to understand and may provide a well-diversified portfolio of 50 businesses with stronger sector diversity than the Nifty 50. This scheme would be ideal for investments with at least a 5-year time horizon. It is best for you to discuss any doubts you may have with your financial advisor.

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.

Make Use of SIPs for Harnessing the Power of Compounding

To take advantage of compound interest, a lot of investors select Systematic Investment Plans (SIPs) for their mutual fund investments. By establishing a fixed amount of money to be invested every month, averaging the cost per unit over time, and mitigating the effects of market volatility, SIPs enable disciplined investing. Try the free mutual fund SIP calculator from Angel One to plan your investment and get an idea of possible returns.


What is today's NAV of UTI Nifty Next 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 Next 50 Index Fund Jul 19 2024 is 26.16

What is the AUM of UTI Nifty Next 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 Next 50 Index Fund is 4067.78 crore.

What is the expense ratio of UTI Nifty Next 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 Next 50 Index Fund is 0.34%

What are the returns of UTI Nifty Next 50 Index Fund since inception?

The UTI Nifty Next 50 Index Fund was launched on Jun 08 2018. The fund has delivered a CAGR of 17.19 since inception.

What is the minimum SIP amount to invest in UTI Nifty Next 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 Next 50 Index Fund is 500.

How do I invest in UTI Nifty Next 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 Next 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 Next 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 Next 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.