Review of UTI Nifty Alpha Low-Volatility 30 Index Fund NFO
November 8, 2024
RA Jainee
Review of UTI Nifty Alpha Low-Volatility 30 Index Fund NFO @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst.
[ A ] Benchmark Performance of Nifty Alpha Low Volatility 30 TRI
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -8.46 | 21.87 | 45.23 | 18.55 | 18.64 |
| Total Return | -8.43 | 22.98 | 46.90 | 19.99 | 20.23 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 13.48 | 16.87 | 17.54 |
| Beta (NIFTY 50) | 0.88 | 0.78 | 0.74 |
| Correlation (NIFTY 50) | 0.87 | 0.88 | 0.89 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 27.15 | 4.48 | 0.99 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Sun Pharmaceutical Industries Ltd. | 5.49 |
| Bharti Airtel Ltd. | 5.17 |
| ICICI Bank Ltd. | 4.74 |
| Lupin Ltd. | 4.54 |
| ITC Ltd. | 4.15 |
| Bajaj Auto Ltd. | 3.94 |
| Britannia Industries Ltd | 3.83 |
| NTPC Ltd. | 3.67 |
| Colgate Palmolive (India) Ltd. | 3.51 |
| Dr. Reddy’s Laboratories Ltd. | 3.46 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Sharwan Kumar Goyal
| Fund | UTI Nifty 50 ETF | It’s Benchmark | UTI Nifty Next 50 Exchange Traded Fund | It’s Benchmark |
| 1 Year | 26.05 | 29.83 | 55.62 | 29.83 |
| 3 Year | 11.92 | 13.50 | 18.83 | 13.50 |
| 5 Year | 16.20 | 17.65 | 20.51 | 17.65 |
| 7 Year | 14.14 | 14.59 | 14.05 | 14.59 |
| 10 Year | — | — | — | — |
AS On 8-11-2024
Past Performance of Ayush Jain
| Fund | UTI Nifty Bank ETF | It’s Benchmark | UTI Nifty200 Momentum 30 Index Fund | It’s Benchmark |
| 1 Year | 19.60 | 20.62 | 51.04 | 29.83 |
| 3 Year | 10.39 | 10.35 | 19.28 | 13.50 |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
AS On 8-11-2024
Note on Fund Managers’ performance