NEXT50BETA (NEXT50BETA)

Overview

UTI Mutual Fund - UTI-Nifty Next 50 Exchange Traded Fund is a collaborative initiative co-launched by prominent financial organizations such as Life Insurance Corporation of India, Punjab National Bank, State Bank of India, and Bank of Baroda. Managed by UTI Asset Management Company Limited, this exchange-traded fund (ETF) primarily operates within the public equity markets of India. The fund has a strategic focus on investing in the stocks of companies spanned across multiple sectors, ensuring a diversified portfolio. Its investment strategy aims to replicate the performance of the Nifty Next 50 Index, which is an index representing the next 50 large companies following the Nifty 50 Index, thereby engaging in equities across all market capitalizations. UTI Mutual Fund - UTI-Nifty Next 50 Exchange Traded Fund was established on August 4, 2017, and is based within India, reflecting a commitment to support the country's investment landscape.

Products and Services

• Exchange Traded Fund (ETF)

  The UTI-Nifty Next 50 Exchange Traded Fund allows investors to gain exposure to the next tier of large companies in India, providing an opportunity to invest in a diversified collection of stocks. It is traded on stock exchanges like a regular stock, offering ease of access and liquidity for investors looking to capitalize on market movements.

• Diversified Investment Strategy

  This ETF employs a strategy that spans across various sectors, ensuring that investors' portfolios are shielded from sector-specific risks while aiming for potentially higher returns. By investing in a broad range of companies, it minimizes the volatility typically associated with market fluctuations.

• Low Expense Ratio

  UTI-Nifty Next 50 ETF is characterized by a relatively lower expense ratio compared to actively managed funds. This cost efficiency means that a larger share of the investment returns goes back to the investor, enhancing overall profitability.

• Index Replication

  The fund specifically aims to closely mirror the performance of the Nifty Next 50 Index. This approach appeals to passive investors who prefer a systematic investment strategy aligned with the market's performance without the need for active management.

• Accessibility

  As a mutual fund that is available on stock exchanges, investors have the ability to buy and sell the ETF throughout the trading day, giving them the flexibility that traditional mutual funds do not offer. This structure allows for real-time trading, making it an attractive option for those keen on timely market participation.