UTI Nifty Next 50 ETF

The UTI Nifty Next 50 ETF, managed by UTI Asset Management Company Limited, aims to mirror the total returns of the Nifty Next 50 TRI index, emphasizing market cap weighting.

The fund employs a replication strategy to closely track its benchmark, the Nifty Next 50 TRI, although tracking error is not explicitly reported, indicating potential variability in performance.

Top holdings include Interglobe Aviation Ltd and Hindustan Aeronautics Ltd, with a notable concentration towards financial services, comprising 20% of the portfolio, which may introduce sector-specific risks.

Performance over three and five years shows strong growth, with a CAGR of 17.8% and 21.6% respectively, although the fund experienced a decline of 11.8% over the past year.

With an AUM of ₹1940.6 Cr and an expense ratio of just 0.15%, the fund remains accessible, managed by Mr. Sharwan Kumar Goyal and Mr. Ayush Jain since 2018 and 2022 respectively.