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A passively managed ETF scheme investmenting in stocks forming part of NIFTY Next 50 Index.
A passively managed ETF scheme investmenting in stocks that endeavour to generate returns in line with the underlying index subject to expenses and tracking error. The Nifty Next 50 Index offers exposure to differneciated businesses within largecaps. Key Highlights : One of the largest fund in the category Fund with one of the lowest Tracking Error and Tracking Difference Competetitive Expenses
Not Applicable
N/A
Not Applicable
Securities covered by the underlying Index: 95-100% (Medium to High) Cash/Money Market Instruments including Triparty Repo on Government Securities or treasury bill and Units of Liquid Mutual Fund: 0-5% (Low)
The investment objective of the scheme is 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. However there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Nifty Next 50
An open ended scheme replicating / tracking Nifty Next 50 Index.
• An exchange traded index fund (ETF) tracking the Nifty Next 50 • Passively managed fund that endeavour to minimize the return differential between the fund and the underlying index • Being an ETF provides real time NAV and investment opportunity during trading hours
This product is suitable for investors who are seeking*: Long term investment. Investment in securities covered by Nifty Next 50 Index. Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
• Investors looking for taking market exposure (equity as an asset class) at relatively cheaper cost • Investors looking for a passive management of portfolio with potential growth opportunities Investment Horizon: • Ideal for investment with a time horizon of preferably, 5 years or above • Investment through Systematic Investment Plan (SIP) may help in tackling the volatility of broader equity market
An open ended scheme replicating / tracking Nifty Next 50 Index listed on stock exchanges
UTI Nifty Next 50 ETF is an open ended scheme replicating / tracking Nifty Next 50 Index. It is an exchange traded fund, i.e. units of UTI Nifty Next 50 ETF are tradable on the NSE and BSE. It is predominantly large cap scheme with a potential to generate mid cap like returns. Historically, many stocks have first become part of Nifty Next 50 Index, grown here and then became part of Nifty 50 Index. Generally these stocks are more volatile in nature than stocks in Nifty 50 Index and thus has potential to generate mid cap like returns.
This is covered above "What is UTI Nifty Next 50 Exchange Traded Fund?" and may be removed
Investors looking to take exposure to Nifty Next 50 Index and want to capture intra day movement of Nifty Next 50 Index may consider UTI Nifty Next 50 ETF. Long term investors also looking for low cost and transparent product to take exposure to predominantly large cap with mid cap like volatility and returns may consider UTI Nifty Next 50 ETF
Form taxation point, UTI Nifty Next 50 ETF is like any other equity oriented mutual fund scheme. Thus, taxation applicable to equity mutual fund schemes will be applicable to UTI Nifty Next 50 ETF.
ETFs are low cost, transparent and are tradable on the exchanges. ETFs helps in taking advantages of intra day market movements. Nifty Next 50 is predominantly large cap index with a potential to give mid cap like returns. Many of the stocks first become part of Nifty Next 50 index, grows here and then become part of Nifty 50 Index. During initial period such companies are relatively more volatile and may give more returns as compared to Nifty 50 Index. UTI Nifty Next 50 ETF may be beneficial for investors looking for capturing intra day movement of Nifty Next 50 Index at a low cost and in transparent manner