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 through a passive investment strategy.

This ETF employs a passive approach to track the Nifty Midcap 150 TRI, maintaining a minimal tracking error of 0.05%, ensuring close alignment with the index performance.

With a fund size of ₹11.03 Cr, the portfolio predominantly consists of equity at 99.99%, featuring key holdings such as BSE Ltd and Suzlon Energy Ltd, presenting a moderate concentration risk.

Over the past year, the fund has yielded a return of 9.7%, reflecting consistent performance, although longer-term CAGR figures are not available, highlighting the ETF's recent inception.

The expense ratio stands at a competitive 0.25%, facilitating cost-effective access to midcap equities, while the fund is managed by Mr. Sharwan Kumar Goyal and Mr. Ayush Jain since August 2023.