UTI BSE Sensex Next 50 ETF

The UTI BSE Sensex Next 50 ETF, managed by UTI Asset Management Company Limited, aims to replicate the performance of the BSE Sensex Next 50 TRI through a market cap weighted approach.

This open-ended fund employs a strategy focused on achieving returns closely aligned with its benchmark while maintaining a minimal tracking error of just 0.04%.

Portfolio concentration is evident with top holdings like Max Healthcare Institute Ltd (3.28%) and HDFC Life Insurance Company Ltd (3.19%), reflecting a diverse industry allocation primarily in Financial Services at 27%.

Performance metrics reveal a one-year decline of -5.7%, yet impressive three-year and five-year CAGR at 20.5% and 22.5% respectively, indicating strong long-term growth potential despite recent volatility.

With an AUM of ₹27.23 Cr and a competitive expense ratio of 0.2%, the fund benefits from experienced management since 2019, ensuring efficient operational dynamics and accessibility through major exchanges.