The current market price of UTI Nifty Midcap 150 ETF is ₹221.69. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The UTI Nifty Midcap 150 ETF, managed by UTI Asset Management Company Limited, aims to replicate the total returns of the Nifty Midcap 150 TRI index, emphasizing a passive investment strategy. This ETF primarily invests in midcap equities, with a remarkable 99.99% allocation in equity and a diverse sector exposure, notably 26% in Financial Services and 14% in Capital Goods. Performance-wise, the fund delivered a 1-year return of 8.5%, demonstrating consistency in tracking its benchmark with a minimal tracking error of just 0.05%. With a relatively small fund size of ₹11.03 Cr and an expense ratio of 0.25%, the ETF offers cost-effective exposure to midcap stocks, enhancing its appeal for investors seeking passive strategies. The fund is co-managed by Mr. Sharwan Kumar Goyal and Mr. Ayush Jain, both of whom have been at the helm since August 2023, ensuring fresh management for this investment vehicle.

UTI Nifty Midcap 150 ETF is designed to track Nifty Midcap 150 TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of UTI Nifty Midcap 150 ETF is 0.28%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of UTI Nifty Midcap 150 ETF is approximately ₹12.27. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

UTI Nifty Midcap 150 ETF is classified under the as per the risk-o-meter defined by the fund house risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of UTI Nifty Midcap 150 ETF is 0.05%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

UTI Nifty Midcap 150 ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, UTI Nifty Midcap 150 ETF has delivered the following returns: 1-year return: 20.72%. 3-year return: 47.52%. 5-year return: 47.52%. Past performance does not guarantee future results.

Before investing in UTI Nifty Midcap 150 ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.