August 29, 2024
mayank
UTI Nifty200 Quality 30 Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the UTI Nifty200 Quality 30 Index Fund Open Date, Close Date?
NFO opens on September 02, 2024
NFO will close on September 16, 2024
What is the Investment Strategy?
The scheme seeks to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error.
Basic Details
| Fund House | UTI Mutual Fund |
| Issue Open | 02 September 2024 |
| Issue Close | 16 September 2024 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | NIFTY 200 Quality 30 TRI |
What is the Benchmark Index of UTI Nifty200 Quality 30 Index Fund?
The Nifty200 Quality 30 index includes top 30 companies from its parent Nifty 200 index, selected based on their ‘quality’ scores. The quality score for each company is determined based on return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.
The weights of the stocks are derived from their Quality scores and square root of free float Mcap. The stock weight is capped at 5%.
The index can be used for a variety of purposes such as benchmarking, creation of index funds, ETFs and structured products.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 6.41 | 20.70 | 39.38 | 19.83 | 17.40 |
| Total Return | 6.52 | 21.87 | 41.47 | 21.88 | 19.46 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 11.81 | 16.56 | 18.28 |
| Beta (NIFTY 50) | 0.75 | 0.74 | 0.78 |
| Correlation (NIFTY 50) | 0.81 | 0.86 | 0.91 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 37.25 | 11.37 | 1.59 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Infosys Ltd. | 5.59 |
| ITC Ltd. | 5.40 |
| Tata Consultancy Services Ltd. | 5.27 |
| HCL Technologies Ltd. | 5.23 |
| Coal India Ltd. | 5.13 |
| Hindustan Unilever Ltd. | 5.13 |
| Asian Paints Ltd. | 4.82 |
| Nestle India Ltd. | 4.50 |
| Colgate Palmolive (India) Ltd. | 4.39 |
| Britannia Industries Ltd. | 4.32 |
Performance Review of the Fund Managers of UTI Nifty200 Quality 30 Index Fund?
1) Sharwan Kumar Goyal
Education: Mr.Goyal is B.Com, CFA and MMS.
Experience: He began his career with UTI in June 2006 and has 15 years of overall experience in Risk / Fund management. Presently he is working as Equity Fund Manager.
Past Performance of his Schemes
| Fund | UTI Nifty 50 ETF | It’s Benchmark | UTI Nifty Next 50 Exchange Traded Fund | It’s Benchmark |
| 1 Year | 31.18 | 36.00 | 70.26 | 36.00 |
| 3 Year | 15.75 | 17.77 | 23.77 | 17.77 |
| 5 Year | 18.99 | 20.52 | 24.44 | 20.52 |
| 7 Year | 15.42 | 15.98 | 16.12 | 15.98 |
| 10 Year | — | — | — | — |
AS On 29-8-2024
2) Ayush Jain
Education: Mr. Jain is B.Com, C.A and CFA (level 1).
Experience: Prior to joining UTI Mutual Fund, he has worked with PMS and Anand Saklecha & Co..
Past Performance of his Schemes
| Fund | UTI Nifty Bank ETF | It’s Benchmark | UTI Nifty200 Momentum 30 Index Fund | It’s Benchmark |
| 1 Year | 15.82 | 17.32 | 67.75 | 36.00 |
| 3 Year | 13.61 | 13.76 | 25.91 | 17.77 |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
AS On 29-8-2024
Which Company Owns UTI Nifty200 Quality 30 Index Fund?
UTI Asset Management Company Ltd
Address: UTI Tower, Plot C-1, GN Block, Banrda Kurla Complex, Bandra (East) Mumbai – 400051
Website: http://www.utimf.com
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: www.karvymfs.com
Is it good to invest in UTI Nifty200 Quality 30 Index NFO?
Guidance for UTI Nifty200 Quality 30 Index Fund by Paresh Gordhandas, C.A., Research Analyst.
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