myplexus

NFO Monitor

Fund Fact

Name of Funds:

UTI Nifty Midcap 150 ETF

Opening:

18th August 2023

Closing:

28th August 2023

Minimum Investment:

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

Plan:

Not Applicable

Options:

Not Applicable

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 returns of the securities as represented by the underlying index, subject to tracking error.

Benchmark:

NIFTY MIDCAP 150

Fund Manager:

Sharwan Kumar Goyal, Ayush Jain

Asset Allocation

95-100% Securities covered by Nifty Midcap 150 Index upto 5% Money Market

upto 5% Debt Nil Others

Comparable existing schemes

ICICI Prudential Nifty Midcap 150 ETF	30.36(6M)	26.79(1Y)
Mirae Asset Nifty Midcap 150 ETF	31.24(6M)	27.61(1Y)

Fund Prognosis

Idea Distiller

A simple product with a lot of potential at a cheap cost. If you are a fan of passives and don’t mind losing a bit, then this works.

Fund House AAUM:
Rs. 24819160.72 Lakhs (as on 30th June 2023)
Fund Manager:
Combined experience of above 16 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

I am tempted to buy in if for nothing else but the simplicity.

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: 14th May 2025 to 23rd May 2028