UTI Nifty Midcap 150 Quality 50 Index Fund - Regular Plan - Growth Option

UTI Nifty Midcap 150 Quality 50 Index Fund - Regular Plan - Growth Option is a scheme launched by UTI Mutual Fund on April 11, 2022, and falls under the Index fund category. It currently manages an AUM of Rs 258.37 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 0.88% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.

• Performance:

  UTI Nifty Midcap 150 Quality 50 Index Fund - Regular Plan - Growth Option trailing returns over different times are -3.51% (1 year), 13.9% (3 year) and 0% (5 year). The average annual return of this fund stands at 1.98%.