UTI Nifty 50 Index Fund - Regular Plan - Growth Option

UTI Nifty 50 Index Fund - Regular Plan - Growth Option is a scheme launched by UTI Mutual Fund on March 28, 2000, and falls under the Index fund category. It currently manages an AUM of Rs 24,335.81 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 1000. It charges an expense ratio of 0.25% for managing the portfolio.

• Investing Strategy:

  The principal investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavour to achieve return equivalent to Nifty 50 Index by“passive” investment.

• Performance:

  UTI Nifty 50 Index Fund - Regular Plan - Growth Option trailing returns over different times are 7.28% (1 year), 13.5% (3 year) and 18.16% (5 year). The average annual return of this fund stands at 9.36%.