UTI Nifty Midcap 150 ETF

The UTI Nifty Midcap 150 ETF, managed by UTI Asset Management Company Limited, aims to replicate the total return of the Nifty Midcap 150 TRI index through a market cap weighted approach.

This open-ended scheme targets tracking the benchmark's performance closely, with a minimal tracking error of 0.05%, reflecting its commitment to achieving the stated investment objective.

The portfolio reveals a concentration in Financial Services at 23%, alongside notable allocations in Capital Goods and Healthcare, indicating a diversified yet focused investment strategy.

Over the past year, the fund experienced a decline of 5.4%, highlighting potential market challenges, while longer-term CAGR figures remain unavailable, suggesting limited historical performance data.

With an expense ratio of 0.25% and a fund size of ₹9.65 Cr, the ETF ensures efficient cost management, while liquidity appears favorable given its open-ended structure and current market positioning.