UTI Nifty Index Fund (Dividend Payout - Annually) is recommended for investment within index funds mutual funds.
Index funds funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
No single fund can achieve what a plan can. Learn why
Scheme Information
Investment Objective
The principal investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavor to achieve return equivalent to Nifty 50 Index by 'passive' investment. However,there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
UTI Asset Management Co Ltd manages assets worth 146,745 crores and was set up on 3 December 1993. It's current offering of mutual fund schemes includes 59 equity,485 debt and 34 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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Invest online & transfer
Invest via netbanking, UPI or through an SIP (eNACH mandate).
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Track, invest more and withdraw your investments through the Scripbox dashboard
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About UTI Nifty Index Fund (DP-A)
About UTI Nifty Index Fund (DP-A)
UTI Nifty Index Fund (DP-A) is a index funds equity fund and has delivered an annualised return of 11.3% over a period of 21 years .The fund was previously known as UTI Nifty DP.The fund is managed by UTI Asset Management Co Ltd.The fund manager’s name is Sharwan Kumar Goyal.
UTI Nifty Index Fund (DP-A) Investment Objective
The principal investment objective of the scheme is to invest in stocks of companies comprising Nifty 50 Index and endeavor to achieve return equivalent to Nifty 50 Index by 'passive' investment. However,there can be no assurance or guarantee that the investment objective of the scheme would be achieved. However, there is no assurance that the objective of the scheme will be realized.
UTI Nifty Index Fund (DP-A) NAV,AUM,Risk
The UTI Nifty Index Fund (DP-A) fund was launched on Mar 06, 2000. The NAV (Net Asset Value) of this index funds equity as of 2021-04-16 is ₹ 48.6834. The total AUM (Asset Under Management) of the fund as of 2021-04-18 is ₹ 3291.847. The category risk of the UTI Nifty Index Fund (DP-A) fund is Very High Risk.
The fund charges 0.14 % as expense ratio.
UTI Nifty Index Fund (DP-A) Holdings
The fund’s highest allocation is towards equity and has invested 101.8% in this asset class. The top three holdings of the fund are hdfc bank ltd,reliance industries ltd shs dematerialised and infosys ltd
UTI Nifty Index Fund (DP-A) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
UTI Nifty Index Fund (DP-A) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to
UTI Nifty Index Fund (DP-A) Review
UTI Nifty Index Fund (DP-A) has a score of 5 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, UTI Nifty Index Fund (DP-A) has a score of 4 out of 5.
Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.
