This Top-Rated Index Fund Has Given More Than 50% Returns On SIP In 5 Years

For ordinary investors, index funds are the most recommended approach to invest by great investors like Warren Buffett. These passive funds, unlike actively managed funds, offer a lower expense ratio but the limited potential to outperform the benchmark. These funds are free of the prejudices of fund managers. We have provided a portfolio of a UTI Nifty Index Fund from the UTI Mutual Fund company.

UTI Nifty Index Fund – Direct Plan-Growth

NAV	Fund Size	Expense Ratio
₹117.79	₹ 5841.0 Cr	0.20%

NAV as on 04 February 2022

UTI Nifty Index Fund Direct-Growth is a UTI Mutual Fund Large Cap mutual fund scheme. As of December 31, 2021, the fund has an AUM of Rs 5,841 crores, making it a medium-sized fund in its category. The fund's cost ratio is lower than the expense ratios charged by most other Large Cap funds. The fund's 1-year Direct-Growth returns are 18.74%. It has returned an average of 13.44% every year since its inception. 

The ability of the plan to provide consistent returns is comparable to that of other products in its category. It has a below-average capacity to limit losses in a sinking market. The Fund has been given 4 stars by the rating agency CRISIL. It has above performance among its peers.

Details

Return Since Launch:	13.44%
Benchmark:	NIFTY 50 TRI
Riskometer:	Very High
Type:	Open-ended
Risk Grade:	Average
Return Grade:	Above Average
Turnover:	11.00%

Portfolio

The scheme aims to invest in stocks of firms that make up the Nifty 50 Index in order to attain a passive investment return comparable to the Nifty 50 Index. The majority of the money in the fund is invested in the financial, technology, energy, fast-moving consumer goods, and construction industries. In comparison to other funds in the category, it has less exposure to the Financial and Technology industries. Reliance Industries Ltd., Infosys Ltd., HDFC Bank Ltd., ICICI Bank Ltd., and Housing Development Finance Corpn. Ltd. are the fund's top five holdings.

Returns

On Investment of Rs 10,000

Period Invested for	Absolute Returns	Annualised Returns	Category Avg
1 Year	18.64%	18.64%	16.00%
2 Year	48.29%	21.74%	18.49%
3 Year	64.53%	18.04%	14.81%
5 Year	109.40%	15.91%	11.52%
10 Year	252.69%	13.42%	12.06%
Since Inception	1139.29%	12.20%	13.71%

On SIP of Rs 1,000

Period Invested for	Absolute Returns	Annualised Returns
1 Year	9.02%	17.01%
2 Year	34.43%	31.22%
3 Year	41.47%	23.80%
5 Year	56.17%	17.84%
10 Year	114.88%	14.61%

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, Terms and Conditions carefully before investing. The above-mentioned information is purely informational and carried forward from MoneyControl and CRISIL. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.