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A passively managed scheme investmenting in stocks forming part of NIFTY Next 50 Index.
A passively managed scheme investmenting in stocks that endeavour to generate returns in line with the underlying index subject to expenses and tracking error. Key Highlights : One of the largest fund in the category Fund with one of the lowest Tracking Error and Tracking Difference Competetitive Expenses
Nil
SWP/Redeem/SIP/STRIP/Switch
Not Applicable
Securities covered by 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)
To invest in stocks of companies comprising Nifty Next 50 Index and endeavor to achieve return equivalent to Nifty Next 50 Index by “passive” investment. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved
Nifty Next 50
An open-ended scheme replicating/tracking the Nifty Next 50 Index
- The Fund endeavours to replicate the underlying index of Nifty Next 50 Index
- Passively managed fund that endeavour to generate returns in line with the underlying index subject to expenses and tracking error
This product is suitable for investors who are seeking*: Capital Growth in tune with Index returns. Passive investment in equity instruments comprised in Nifty Next 50 Index RISKOMETER Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
- Investors looking for overall portfolio diversification
- Investors who want growth with limited downside risk to their portfolio
- Investors looking for tax efficient returns
- Retirees looking for moderate and stable returns with low volatility
- First time mutual fund investors
An open ended scheme replicating/tracking NIFTY Next 50 Index.
Index Funds are mutual fund schemes which envisage to replicate/track the performance of any underlying index. Nifty Next 50 Index Fund are mutual fund schemes which replicate/track Nifty Next 50 Index. This index gives exposure to next 50 large cap stocks after Nifty 50. UTI Nifty Next 50 Index Fund is one such options for investors considering investment in Nifty Next 50 Index.
Investors looking for a large cap scheme with potential to give mid cap like returns may consider UTI Nifty Next 50 Index Fund. This scheme invests in next 50 large cap stocks after Nifty 50. Historically, it has been observed that many companies have become part of this index, grown here and then became part of Nifty 50 index. Generally, stocks in their earlier phase of growth are considered to be more volatile as compared to stocks which are part of Nifty 50. Thus, this index is relatively more volatile than Nifty 50 and thus may also has potential to give more returns than Nifty 50 or mid cap like returns.
Size i.e. Asset Under Management, Cost i.e. Total Expense Ratio and Performance i.e. Tracking Error are three critical parameters while selecting an Index Fund. UTI Nifty Next 50 Index Fund is one of the large index fund scheme having competitive cost and low tracking error amoung index schemes tracking Nifty Next 50 Index Fund.
Investing in UTI Nifty Next 50 Index Fund is very simple. Investors can simple log on to utimf.com or use UTI Buddy Application and start investing subject to KYC compliance. Investors may also approach nearest UTI Financial Centers (UFCs). Alternatively, you may also approach mutual fund distributors, financial advisors or various online platform for investments.
Investors looking for a large cap scheme with potential to give mid cap like returns may consider UTI Nifty Next 50 Index Fund. This scheme invests in next 50 large cap stocks after Nifty 50. Historically, it has been observed that many companies have become part of this index, grown here and then became part of Nifty 50 index. Generally, stocks in their earlier phase of growth are considered to be more volatile as compared to stocks which are part of Nifty 50. Thus, this index is relatively more volatile than Nifty 50 and thus may also has potential to give more returns than Nifty 50 or mid cap like returns.
Size i.e. Asset Under Management, Cost i.e. Total Expense Ratio and Performance i.e. Tracking Error are three critical parameters while selecting an Index Fund. UTI Nifty Next 50 Index Fund is one of the large index fund scheme having competitive cost and low tracking error amoung index schemes tracking Nifty Next 50 Index Fund.
Nifty Next50 index comprises 50 stocks out of the top 100 companies based on market capitalisation, which are not a part of NSE Nifty50. The companies forming part of the Nifty Next50 index are large cap companies, which generally have a proven track record of financial and operational performance and exhibit strong fundamentals. Due to their sheer size and strong fundamentals, large cap companies are often better prepared to withstand economic shocks and adverse events. As such, the Nifty Next50 index can be considered for financial goals with a long term investment horizon.
NSE Nifty50 and NSE Nifty Next50 are the benchmark indices managed by NSE Indices Limited. NSE Nifty50 is the primary market index along with S&P BSE Sensex, which represents 50 companies selected from the top 100 companies as per their market capitalization based on the free-float market capitalization and their market liquidity. In contrast, the Nifty Next50 index reflects the balance 50 companies amongst the top 100 companies which are not a part of the NSE Nifty50. As such, both the indices cover only large cap companies.