UTI Nifty Index Fund Regular Plan Growth - Latest NAV ₹78.6617, Returns, Performance & Portfolio

UTI Nifty Index Fund Regular Plan Growth

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.3 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years7.58%
5 Years8.48%
3 Years6.35%
1 Year3.24%
6 Months28.72%
Fund Details
RiskModerately High risk
Fund TypeIndex Funds
Exit Load--

More about this fundstar

Top HoldingsWeightage
Reliance Industries Ltd15.03%
HDFC Bank Ltd9.76%
Infosys Ltd7.69%
Housing Development Finance Corp Ltd6.49%
Tata Consultancy Services Ltd5.45%
ICICI Bank Ltd5.09%
Kotak Mahindra Bank Ltd3.86%
Hindustan Unilever Ltd3.84%
ITC Ltd3.12%
Larsen & Toubro Ltd2.29%

About UTI Nifty Index Fund

Being an open-ended scheme, it aims to replicate the underlying index of Nifty 50. The fund manager seeks to minimize the difference between the fund returns and the underlying index i.e. referred to as tracking error. Investors who want to take equity exposure at a cheaper cost coupled with elimination of firm-related risk may invest in this fund.

Pros & Cons of UTI Nifty Index Fund

UTI Nifty Index Fund offers the following benefits:

  1. Opportunity to grow wealth investing in the fast growing companies in the Nifty index.
  2. Fund manager maintains a well-diversified portfolio across different sectors.
  3. Being a star-rated fund in the category, it has a relatively long performance history. However, it was unable to beat the benchmark and category across different time horizons.

Fund Information and Statistics of UTI Nifty Index Fund

i) Inception / Launch date

UTI Nifty Index Fund was launched on 6 March 2000 by UTI Mutual Fund.

ii) Risk level

Being an index fund, UTI Nifty Index Fund is a moderately high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years.

iii) Redemption

Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr. Kaushik Basu and Mr. Sharwan Kumar Goyal are jointly managing the fund since July 2011 and July 2018 respectively. Mr. Goyal is overlooking the overseas investments.

v) Entry / Exit load

The fund house does not charge any entry load and exit load for investing in UTI Nifty Index Fund.

Tax benefits of investing in UTI Nifty Index Fund

The short-term capital gains made on sale of units within 1 year from the date of allotment will be taxed at the rate of 15%. The long term capital gains, over and above Rs 1 lakh, made on sale of units after 1 year from the date of allotment will be taxable at the rate of 10% (without indexation).

About UTI Mutual Fund

UTI Mutual Funds are managed by UTI Asset Management Company Ltd. (UTI AMC). The AMC was established on November 14, 2002 and started functioning in the investment domain from February 1, 2003. The fund attempts to provide an effective combination of the domain leadership in the capital markets coupled with state-of-the-art technological expertise. Efforts are made to offer investing solution which match the risk-return needs of the clients.

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Frequently Asked Questions

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.3 Lakhs in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns