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 fund scheme from UTI mutual fund. It falls under a Index category. After being launched on 2022-04-11. UTI Nifty Midcap 150 Quality 50 Index Fund - Regular Plan - Growth Option has achieved Rs 244.45 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 500 and lumpsum of Rs 1000 to start the investment. The expense ratio of this fund is 0.88%.

• 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 5.93% (1 year), 15.81% (3 year), 0% (5 year). The average annual return of this fund stands at 5.93%

• Fund Manager & Portfolio Allocation:

  Sharwan Kumar Goyal, Ayush Jain are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Industrials, Technology, Basic Materials, Consumer Defensive, Financial Services, Sectors. First five holdings of this fund are Colgate-Palmolive (India) Ltd, Procter & Gamble Hygiene and Health Care Ltd, Marico Ltd, Persistent Systems Ltd, HDFC Asset Management Co Ltd, Net Current Assets Companies.