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 244 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹15.14 (as of 2026-08-21) |
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| AUM | ₹153 Cr |
|---|
| Expense ratio | 0.70% |
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| Riskometer | Very High |
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| Fund manager | Sharwan Kumar Goyal |
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| Exit load | 0 |
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Performance & risk
| Sharpe ratio | 0.53 |
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| Standard deviation | 14.51% |
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| Max drawdown | -18.27% |
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| Alpha | 2.44 |
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| Beta | 0.98 |
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Market cap allocation
| Large cap | 96.3% |
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| Mid cap | 3.7% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 11.5% |
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| Top 10 holdings | 22.4% |
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| Total holdings | 50 |
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Top holdings
- HCL Technologies Ltd — 2.4%
- Eternal Limited — 2.3%
- Bajaj Auto Limited — 2.3%
- Bajaj Finance Limited — 2.3%
- Bajaj Finserv Limited — 2.2%
- Tech Mahindra Limited — 2.2%
- Titan Company Limited — 2.2%
- Tata Consultancy Services Ltd. — 2.2%
- Mahindra & Mahindra Ltd. — 2.2%
- Nestle India Ltd. — 2.1%
Top sectors
- Banking & Financial — 11.3%
- Software & Services — 10.9%
- Automobile — 10.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -0.3% | — | — |
| 2025 | 13.7% | — | — |
| 2024 | 9.5% | — | — |