UTI NIFTY 50 Equal Weight Index Fund
The Scheme seeks to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error.
Growthvine rating: 4/5 — ranked #44 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹13.95 (as of 2026-10-01) |
|---|
| AUM | ₹153 Cr |
|---|
| Expense ratio | 0.70% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Sharwan Kumar Goyal |
|---|
| Exit load | 0 |
|---|
Performance & risk
| Sharpe ratio | 0.54 |
|---|
| Standard deviation | 14.49% |
|---|
| Max drawdown | −18.27% |
|---|
| Alpha | 2.65 |
|---|
| Beta | 0.98 |
|---|
Market cap allocation
| Large cap | 96.4% |
|---|
| Mid cap | 3.6% |
|---|
| Small cap | 0.0% |
|---|
Concentration
| Top 5 holdings | 11.9% |
|---|
| Top 10 holdings | 22.8% |
|---|
| Total holdings | 50 |
|---|
Top holdings
- Eternal Limited — 2.5%
- Bajaj Auto Limited — 2.5%
- HCL Technologies Ltd — 2.3%
- Titan Company Limited — 2.3%
- Tata Consultancy Services Ltd. — 2.3%
- Bajaj Finserv Limited — 2.2%
- Tech Mahindra Limited — 2.2%
- Shriram Finance Limited — 2.2%
- Nestle India Ltd. — 2.1%
- Grasim Industries Ltd — 2.1%
Top sectors
- Software & Services — 11.0%
- Automobile — 10.4%
- Banking & Financial — 9.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −8.2% | — | — |
| 2025 | 13.7% | — | — |
| 2024 | 9.5% | — | — |