UTI Mutual Funds comes under the Unit Trust of India, which is also known as an AMC. Its first entry into the investing world was in 2003. According to the latest data, the AMC now manages assets worth around Rs.1,83,242 crore. Among its 203 schemes or funds, 39 are entirely equity-based investment options.

Here are the top 5 funds of UTI Mutual Fund

1. UTI Mid Cap Fund Direct-Growth

One of UTI Mutual Fund’s equity mutual fund schemes is UTI Mid Cap Fund Direct-Growth. Fund manager Ankit Agarwal is now in charge of this scheme. The most recent NAV declared as of July 6, 2024, is ₹334.540 and its AUM is ₹10,682.52 Crores.

The minimum SIP amount to invest in this scheme is ₹500.

2. UTI Value Fund Direct-Growth

One of UTI Mutual Fund’s equity mutual fund schemes is UTI Value Fund Direct-Growth. Fund manager Amit Kumar Premchandani is now in charge of this scheme. Currently, the NAV declared is ₹176.220 as of 06 Jul 2024 and its AUM is ₹9,125.24 crores.

The minimum SIP amount to invest in this scheme is ₹500.

3. UTI Liquid Direct Growth

The last three years’ annualized returns from the UTI Liquid Fund have been 5.87%, while the previous five years’ returns have been 5.28%. UTI Mutual Funds’ Debt category includes the UTI Liquid Fund. As of July 6, 2024, its AUM is ₹28,028 Crores.

The minimum SIP amount to invest in this scheme is ₹500.

4. UTI Nifty 50 Index Fund Direct Growth

Over the previous three years, the UTI Nifty 50 Index Fund delivered 16.46% annualized returns and over the last five years, it has given 16.59%. The UTI Nifty 50 Index Fund falls under the Other category of UTI Mutual Funds. As of July 6, 2024, its AUM is ₹16,924 Crores.

The minimum SIP amount to invest in this scheme is ₹500.

5. UTI Aggressive Hybrid Fund Direct Fund Growth

One of UTI Mutual Fund’s hybrid mutual fund schemes is UTI Aggressive Hybrid Fund Direct Fund-Growth. The scheme launched on an Invalid date and is now managed by fund managers V Srivatsa and Sunil Madhukar Patil. With an AUM of ₹5,511.93 Crores, as of July 6, 2024, the most recent NAV declared is ₹412.710.

The minimum SIP amount to invest in this scheme is ₹500.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.

The HDFC Nifty 50 Index Fund is an open-ended large cap equity scheme that tracks the performance of the NIFTY 50 Index. This fund is managed by HDFC Mutual Fund, one of the leading asset management companies in India. In this article, we will explore the performance, objective, NAV, and AUM of the HDFC Nifty 50 Index Fund.

HDFC Nifty 50 Index Fund Performance

The HDFC Nifty 50 Index Fund has consistently delivered strong returns over the years. As of May 31, 2024, the fund has returned 26.63% over the last one year, 16.34% over the last three years, and 14.2% over the last five years. These returns are significantly higher than the category average, making the fund a top performer in its category.

Objective

The primary objective of the HDFC Nifty 50 Index Fund is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking errors. The fund aims to provide investors with a low-cost and efficient way to invest in the Indian equity market, leveraging the diversification benefits of the NIFTY 50 Index.

NAV and AUM

The current NAV (Net Asset Value) of the HDFC Nifty 50 Index Fund is ₹211.46 as of May 31, 2024. The fund has an AUM (Assets Under Management) of ₹12,764.25 crore as of March 31, 2024, making it one of the largest index funds in India.

Expense Ratio of HDFC Nifty 50 Index Fund

The HDFC Nifty 50 Index Fund has an expense ratio of 0.36%, which is lower than the category average. This means that investors can expect to pay less in fees and expenses compared to other funds in the same category.

Tax Implications

The HDFC Nifty 50 Index Fund is a tax-efficient fund, with gains taxed at a rate of 15% if units are redeemed within one year of investment. This makes it an attractive option for investors looking to minimize their tax liability.

The HDFC Nifty 50 Index Fund is a top-performing fund in its category, offering investors a low-cost and efficient way to invest in the Indian equity market. With a strong track record of performance, a low expense ratio, and tax-efficient gains, this fund is an attractive option for investors looking to grow their wealth over the long term.

When considering mutual fund investments, investors often face the decision of selecting between equity funds, debt funds, and index funds. Each type offers distinct characteristics and risk-return profiles, catering to different investment goals and risk tolerances. Understanding the key features of each category can help investors make informed decisions:

Equity Funds

Equity funds primarily invest in stocks, aiming for long-term capital appreciation. These funds have the potential for higher returns but also come with higher risk due to stock market volatility.Key features of equity funds:

• Invest in stocks and equity-related instruments
• Potential for higher returns over the long term
• Higher risk exposure due to market fluctuations
• Suitable for investors with a high-risk appetite and long investment horizon

Debt Funds

Debt funds focus on fixed-income securities like bonds and money market instruments. They offer stability and regular income, making them ideal for investors seeking capital preservation.Key features of debt funds:

• Invest in fixed-income securities
• Provide stable returns with lower risk compared to equity funds
• Suitable for investors with a low-risk tolerance and shorter investment horizon
• Offer regular income through interest payments

Index Funds

Index funds are passively managed funds that aim to replicate the performance of a specific market index. They provide diversification and cost-efficiency compared to actively managed funds.Key features of index funds:

• Replicate the performance of a market index
• Offer diversification across sectors and companies
• Lower expense ratios compared to actively managed funds
• Suitable for investors seeking long-term growth with lower risk exposure

When deciding between equity funds, debt funds, and index funds, consider factors such as investment goals, risk tolerance, time horizon, diversification, and costs. Tailoring your investment choices to align with your financial objectives and risk profile is essential for building a well-rounded investment portfolio.In conclusion, the selection of mutual funds should be based on individual circumstances and investment objectives. Conducting thorough research, assessing risk tolerance, and seeking professional advice can help investors make informed decisions when choosing between equity, debt, and index funds.