UTI Nifty 50 ETF

The UTI Nifty 50 ETF, managed by UTI Asset Management Company Limited, aims to mirror the total returns of the Nifty 50 TRI index while minimizing tracking error.

This open-ended fund employs a market cap weighted strategy, focusing on replicating the performance of its benchmark, the Nifty 50 TRI, through efficient portfolio management.

The portfolio features significant concentration in leading companies like HDFC Bank Ltd. at 13.1% and ICICI Bank Ltd. at 9.0%, with financial services dominating at 37% of the industry allocation.

Performance metrics indicate a 1Y return of -4.6%, yet a robust 3Y CAGR of 14.2% and 5Y CAGR of 17.6%, showcasing resilience despite recent volatility.

With an AUM of ₹62,977.2 Cr and a low expense ratio of 0.05%, the fund remains accessible with minimal costs, managed by experienced professionals since 2018 and 2022.