myplexus

NFO Monitor

Fund Fact

Name of Funds:

UTI Nifty 50 Equal Weight Index

Opening:

22nd May 2023

Closing:

9th June 2023

Minimum Investment:

Rs 5,000/- and in multiples of Re.1/- thereafter.

Plan:

Regular and Direct

Options:

Growth

Entry Load:

Nil

Exit Load:

Nil

Fund Stats

Objective:

The Investment Objective of the Scheme is to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error.

Benchmark:

Nifty 50 Equal Weight

Fund Manager:

Sharwan Kumar Goyal, Ayush Jain

Asset Allocation

95-100% Securities covered by Nifty50 Equal Weight Index upto 5% Money Market

upto 5% Debt Nil Others

Comparable existing schemes

ICICI Prudential Nifty50 Equal Weight Index Fund	3.04(6M)	Not Available
DSP Nifty 50 Equal Weight Index Fund	3.15(6M)	18.22(1Y)

Fund Prognosis

Idea Distiller

An index that is becoming increasingly popular amongst fund houses. And this fund house now wants to track it for our benefit.

Fund House AAUM:
Rs. 23886835.58 Lakhs (as on 31st March 2023)
Fund Manager:
Combined experience of above 16 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Yes attractive as an emerging one but is that what we are looking for??? Attractive??? Money worthy? I would think so.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity of ARN: 14th May 2025 to 23rd May 2028