How to Invest in UTI Nifty Next 50 Index Fund Direct Growth?

You can easily invest in UTI Nifty Next 50 Index Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for UTI Nifty Next 50 Index Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in UTI Nifty Next 50 Index Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does UTI Nifty Next 50 Index Fund Direct Growth provide?

The UTI Nifty Next 50 Index Fund Direct Growth has been there from 28 Jun 2018 and the average annual returns provided by this fund is 10.85% since its inception.

How much expense ratio is charged by UTI Nifty Next 50 Index Fund Direct Growth?

The term Expense Ratio used for UTI Nifty Next 50 Index Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of UTI Nifty Next 50 Index Fund Direct Growth is 0.34% as of 04 Dec 2023...

What is the AUM of UTI Nifty Next 50 Index Fund Direct Growth?

The AUM, short for Assets Under Management of UTI Nifty Next 50 Index Fund Direct Growth is ₹2,478.17Cr as of 04 Dec 2023.

How to Redeem UTI Nifty Next 50 Index Fund Direct Growth?

If you want to sell your UTI Nifty Next 50 Index Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of UTI Nifty Next 50 Index Fund Direct Growth?

You can select either SIP or Lumpsum investment of UTI Nifty Next 50 Index Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of UTI Nifty Next 50 Index Fund Direct Growth?

The NAV of UTI Nifty Next 50 Index Fund Direct Growth is ₹17.76 as of 01 Dec 2023.

What is the PE and PB ratio of UTI Nifty Next 50 Index Fund Direct Growth?

The PE ratio ratio of UTI Nifty Next 50 Index Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

UTI Nifty Next 50 Index Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

<img alt="UTI Nifty Next 50 Index Fund Direct   Growth" srcSet="https://assets-netstorage.groww.in/mf-assets/logos/uti_groww.png 1x, https://assets-netstorage.groww.in/mf-assets/logos/uti_groww.png 2x" src="png/uti_groww.png" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%" class="companyLogo_companyImage__bT0On absolute-center mfh239Logo" loading="lazy"/>
UTI Nifty Next 50 Index Fund Direct Growth
Other
Index
Very High Risk
16.88%
3Y annualised
+0.97% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹17.76
Min. SIP amount₹500
Rating1
Fund size₹2,478.17Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns10.8%16.9%12.5%11.2%
Category average12.4%17.2%14.0%NA
Rank with in category482947NA
Understand terms
Holdings (50)NameSectorInstrumentAssets
Shriram Finance Ltd
FinancialEquity4.0%
Bharat Electronics Ltd.
Capital GoodsEquity3.6%
Trent Ltd.
ServicesEquity3.6%
Cholamandalam Investment and Finance Company Ltd.
FinancialEquity3.4%
Godrej Consumer Products Ltd.
Consumer StaplesEquity2.8%
Pidilite Industries Ltd.
ChemicalsEquity2.8%
TVS Motor Company Ltd.
AutomobileEquity2.8%
Bank Of Baroda
FinancialEquity2.8%
ICICI Lombard General Insurance Company Ltd.
InsuranceEquity2.7%
DLF Ltd.
ConstructionEquity2.6%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Other Index
Pros
Cons
Exit load is zero
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 0.34%
Lower alpha: -2.68
The fund has generated returns lower than benchmark - NIFTY Next 50 Total Return Index - in the last 3Y 
Low rating: 1
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
0.34%
23 Nov 2023 - 24 Nov 2023
0.34%
22 Nov 2023 - 23 Nov 2023
0.34%
20 Nov 2023 - 22 Nov 2023
0.34%
17 Nov 2023 - 20 Nov 2023
0.34%
16 Nov 2023 - 17 Nov 2023
0.34%
15 Nov 2023 - 16 Nov 2023
0.34%
13 Nov 2023 - 15 Nov 2023
0.34%
10 Nov 2023 - 13 Nov 2023
0.34%
09 Nov 2023 - 10 Nov 2023
0.34%
07 Nov 2023 - 09 Nov 2023
0.34%
06 Nov 2023 - 07 Nov 2023
0.34%
03 Nov 2023 - 06 Nov 2023
0.34%
02 Nov 2023 - 03 Nov 2023
0.34%
01 Nov 2023 - 02 Nov 2023
0.34%
31 Oct 2023 - 01 Nov 2023
0.34%
30 Oct 2023 - 31 Oct 2023
0.34%
27 Oct 2023 - 30 Oct 2023
0.34%
26 Oct 2023 - 27 Oct 2023
0.34%
25 Oct 2023 - 26 Oct 2023
0.34%
23 Oct 2023 - 25 Oct 2023
0.34%
20 Oct 2023 - 23 Oct 2023
0.34%
19 Oct 2023 - 20 Oct 2023
0.34%
18 Oct 2023 - 19 Oct 2023
0.34%
17 Oct 2023 - 18 Oct 2023
0.34%
16 Oct 2023 - 17 Oct 2023
0.34%
13 Oct 2023 - 16 Oct 2023
0.34%
12 Oct 2023 - 13 Oct 2023
0.34%
11 Oct 2023 - 12 Oct 2023
0.34%
10 Oct 2023 - 11 Oct 2023
0.34%
09 Oct 2023 - 10 Oct 2023
0.34%
06 Oct 2023 - 09 Oct 2023
0.34%
05 Oct 2023 - 06 Oct 2023
0.34%
04 Oct 2023 - 05 Oct 2023
0.34%
03 Oct 2023 - 04 Oct 2023
0.34%
30 Sep 2023 - 03 Oct 2023
0.34%
29 Sep 2023 - 30 Sep 2023
0.34%
27 Sep 2023 - 29 Sep 2023
0.34%
26 Sep 2023 - 27 Sep 2023
0.34%
25 Sep 2023 - 26 Sep 2023
0.34%
22 Sep 2023 - 25 Sep 2023
0.34%
21 Sep 2023 - 22 Sep 2023
0.34%
20 Sep 2023 - 21 Sep 2023
0.34%
18 Sep 2023 - 20 Sep 2023
0.34%
15 Sep 2023 - 18 Sep 2023
0.34%
14 Sep 2023 - 15 Sep 2023
0.34%
13 Sep 2023 - 14 Sep 2023
0.34%
12 Sep 2023 - 13 Sep 2023
0.34%
11 Sep 2023 - 12 Sep 2023
0.34%
08 Sep 2023 - 11 Sep 2023
0.34%
07 Sep 2023 - 08 Sep 2023
0.34%
06 Sep 2023 - 07 Sep 2023
0.34%
05 Sep 2023 - 06 Sep 2023
0.34%
04 Sep 2023 - 05 Sep 2023
0.34%
01 Sep 2023 - 04 Sep 2023
0.34%
31 Aug 2023 - 01 Sep 2023
0.34%
31 Jul 2023 - 31 Aug 2023
0.34%
30 Jun 2023 - 31 Jul 2023
0.34%
31 May 2023 - 30 Jun 2023
0.34%
30 Apr 2023 - 31 May 2023
0.33%
31 Mar 2023 - 30 Apr 2023
0.33%
28 Feb 2023 - 31 Mar 2023
0.33%
31 Jan 2023 - 28 Feb 2023
0.33%
31 Dec 2022 - 31 Jan 2023
0.33%
30 Nov 2022 - 31 Dec 2022
0.33%
30 Nov 2022 - 30 Nov 2022
0.33%
30 Nov 2022 - 30 Nov 2022
0.33%
31 Oct 2022 - 30 Nov 2022
0.33%
31 Oct 2022 - 31 Oct 2022
0.33%
31 Oct 2022 - 31 Oct 2022
0.33%
30 Sep 2022 - 31 Oct 2022
0.33%
30 Sep 2022 - 30 Sep 2022
0.33%
30 Sep 2022 - 30 Sep 2022
0.33%
31 Aug 2022 - 30 Sep 2022
0.33%
31 Aug 2022 - 31 Aug 2022
0.33%
31 Jul 2022 - 31 Aug 2022
0.33%
31 Jul 2022 - 31 Jul 2022
0.33%
30 Jun 2022 - 31 Jul 2022
0.33%
30 Jun 2022 - 30 Jun 2022
0.33%
31 May 2022 - 30 Jun 2022
0.33%
31 May 2022 - 31 May 2022
0.33%
30 Apr 2022 - 31 May 2022
0.29%
30 Apr 2022 - 30 Apr 2022
0.29%
31 Mar 2022 - 30 Apr 2022
0.33%
31 Mar 2022 - 31 Mar 2022
0.33%
28 Feb 2022 - 31 Mar 2022
0.33%
28 Feb 2022 - 28 Feb 2022
0.33%
31 Jan 2022 - 28 Feb 2022
0.33%
31 Dec 2021 - 31 Jan 2022
0.33%
30 Nov 2021 - 31 Dec 2021
0.33%
31 Oct 2021 - 30 Nov 2021
0.32%
30 Sep 2021 - 31 Oct 2021
0.32%
31 Aug 2021 - 30 Sep 2021
0.32%
31 Jul 2021 - 31 Aug 2021
0.32%
30 Jun 2021 - 31 Jul 2021
0.32%
31 May 2021 - 30 Jun 2021
0.32%
30 Apr 2021 - 31 May 2021
0.34%
31 Mar 2021 - 30 Apr 2021
0.34%
28 Feb 2021 - 31 Mar 2021
0.34%
31 Jan 2021 - 28 Feb 2021
0.34%
31 Dec 2020 - 31 Jan 2021
0.33%
30 Nov 2020 - 31 Dec 2020
0.33%
31 Oct 2020 - 30 Nov 2020
0.32%
30 Sep 2020 - 31 Oct 2020
0.32%
31 Aug 2020 - 30 Sep 2020
0.32%
31 Jul 2020 - 31 Aug 2020
0.31%
30 Jun 2020 - 31 Jul 2020
0.27%
31 May 2020 - 30 Jun 2020
0.27%
30 Apr 2020 - 31 May 2020
0.27%
31 Mar 2020 - 30 Apr 2020
0.27%
29 Feb 2020 - 31 Mar 2020
0.27%
31 Jan 2020 - 29 Feb 2020
0.27%
31 Dec 2019 - 31 Jan 2020
0.27%
30 Nov 2019 - 31 Dec 2019
0.27%
31 Oct 2019 - 30 Nov 2019
0.27%
30 Sep 2019 - 31 Oct 2019
0.27%
31 Aug 2019 - 30 Sep 2019
0.27%
31 Jul 2019 - 31 Aug 2019
0.27%
30 Jun 2019 - 31 Jul 2019
0.27%
31 May 2019 - 30 Jun 2019
0.27%
30 Apr 2019 - 31 May 2019
0.27%
31 Mar 2019 - 30 Apr 2019
0.27%
28 Feb 2019 - 31 Mar 2019
0.27%
31 Jan 2019 - 28 Feb 2019
0.27%
31 Dec 2018 - 31 Jan 2019
0.27%
30 Nov 2018 - 31 Dec 2018
0.27%
31 Oct 2018 - 30 Nov 2018
0.27%
30 Sep 2018 - 31 Oct 2018
0.27%
31 Aug 2018 - 30 Sep 2018
0.27%
Expense ratio, exit load and taxExpense ratio: 0.34%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementSharwan Kumar Goyal
Jul 2018 - Present
View details
Education
Mr.Goyal is B.Com, CFA and MMS.
Experience
He began his career with UTI in June 2006 and has 15 years of overall experience in Risk / Fund management. Presently he is working as Equity Fund Manager.
Also manages these schemes
UTI Nifty 50 Index Fund Direct Growth
UTI Multi Asset Allocation Fund Direct Growth
UTI Arbitrage Fund Direct Growth
UTI Focussed Equity Fund Series IV (1104 Days) Direct Growth
UTI Focussed Equity Fund Series VI (1150 Days) Direct Growth
UTI Nifty Next 50 Index Fund Direct Growth
UTI Nifty200 Momentum 30 Index Fund Direct Growth
UTI S&P BSE Sensex Index Fund Direct Growth
UTI S&P BSE Low Volatility Index Fund Direct Growth
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth
UTI Gold ETF FoF Direct Growth
UTI Silver ETF FoF Direct Growth
UTI Nifty 500 Value 50 Index Fund Direct Growth
UTI NIFTY50 Equal Weight Index Fund Direct Growth
UTI S&P BSE Housing Index Fund Direct Growth
Ayush Jain
May 2022 - Present
View details
Education
Mr. Jain is B.Com, C.A and CFA (level 1).
Experience
Prior to joining UTI Mutual Fund, he has worked with PMS and Anand Saklecha & Co..
Also manages these schemes
UTI Nifty 50 Index Fund Direct Growth
UTI Nifty Next 50 Index Fund Direct Growth
UTI Nifty200 Momentum 30 Index Fund Direct Growth
UTI S&P BSE Sensex Index Fund Direct Growth
UTI S&P BSE Low Volatility Index Fund Direct Growth
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth
UTI Gold ETF FoF Direct Growth
UTI Silver ETF FoF Direct Growth
UTI Nifty 500 Value 50 Index Fund Direct Growth
UTI NIFTY50 Equal Weight Index Fund Direct Growth
UTI S&P BSE Housing Index Fund Direct Growth
Deepesh Agarwal
May 2022 - Present
View details
Education
Mr. Agarwal is B.Com, C.A and CFA.
Experience
Prior to joining UTI Mutual Fund, he has worked with Ambit Capital, Hexaware Technologies, Mahajan & Aibara and MVK Associates.
Also manages these schemes
UTI Nifty 50 Index Fund Direct Growth
UTI Arbitrage Fund Direct Growth
UTI Nifty Next 50 Index Fund Direct Growth
UTI Corporate Bond Fund Direct Growth
UTI Equity Savings Fund Direct Growth
UTI Small Cap Fund Direct Growth
UTI Focused Fund Direct Growth
UTI Balanced Advantage Fund Direct Growth
UTI Innovation Fund Direct Growth
Fund house & investment objective
UTI Mutual Fund
Rank (total assets)#8 in India
Total AUM₹2,58,722.96Cr
Date of Incorporation14 Nov 2002
 UTI Nifty Next 50 Index Fund Direct Growth is a Other Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 14 Nov 2002. Kaushik Basu, Sharwan Kumar Goyal is the Current Fund Manager of UTI Nifty Next 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,58,723 Cr and the Latest NAV as of 01 Dec 2023 is ₹17.76.
The UTI Nifty Next 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000.
;
Investment ObjectiveThe scheme seeks 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.
;
Fund benchmarkNIFTY Next 50 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
UTI Tower, Plot C-1, GN Block,Banrda Kurla Complex, Bandra (East) Mumbai 400051
Phone
0263 2296993
Launch Date
14 Nov 2002
E-mail
NA
Website
www.utimf.com
UTI Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
UTI Nifty Next 50 Index Fund Direct Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	10.8%	16.9%	12.5%	11.2%
Category average	12.4%	17.2%	14.0%	NA
Rank with in category	48	29	47	NA

Name	Sector	Instrument	Assets
Shriram Finance Ltd	Financial	Equity	4.0%
Bharat Electronics Ltd.	Capital Goods	Equity	3.6%
Trent Ltd.	Services	Equity	3.6%
Cholamandalam Investment and Finance Company Ltd.	Financial	Equity	3.4%
Godrej Consumer Products Ltd.	Consumer Staples	Equity	2.8%
Pidilite Industries Ltd.	Chemicals	Equity	2.8%
TVS Motor Company Ltd.	Automobile	Equity	2.8%
Bank Of Baroda	Financial	Equity	2.8%
ICICI Lombard General Insurance Company Ltd.	Insurance	Equity	2.7%
DLF Ltd.	Construction	Equity	2.6%

Rank (total assets)	#8 in India
Total AUM	₹2,58,722.96Cr

Date of Incorporation	14 Nov 2002

Fund benchmark	NIFTY Next 50 Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	1
Fund size	₹2,478.17Cr

UTI Nifty Next 50 Index Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (50)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.34%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Sharwan Kumar GoyalJul 2018 - PresentView details

Ayush JainMay 2022 - PresentView details

Deepesh AgarwalMay 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Sharwan Kumar Goyal
Jul 2018 - Present
View details

Ayush Jain
May 2022 - Present
View details

Deepesh Agarwal
May 2022 - Present
View details