The UTI Nifty Next 50 ETF, managed by UTI Asset Management Company, aims to replicate the Nifty Next 50 TRI's returns, operating as a passive equity scheme with a clear investment objective.

The fund employs a passive investment strategy, closely tracking the Nifty Next 50 TRI benchmark, ensuring minimal tracking error of 0.09%, which is indicative of its efficient replication approach.

Top holdings include Hindustan Aeronautics Ltd and Divis Laboratories Ltd, with the fund's sector allocation heavily skewed towards Financial Services at 20%, highlighting potential concentration risks.

Performance metrics reveal a 1Y return of +5.1% and a robust 3Y CAGR of 17.6%, suggesting consistent growth despite market fluctuations, supported by a low tracking error.

With an AUM of ₹2120.1 Cr and an expense ratio of just 0.15%, the fund is positioned for cost-efficient management, enhancing investor access to the Nifty Next 50 index.