Basic Information
- Fund House: UTI Mutual Fund
- Fund Size: ₹6276.71 Cr (2.72% of investment in category)
- NAV (as on 21st June 2024): ₹24.3273
- Expense Ratio: 0.46% (Category average: 0.26%)
- Risk Level: Very High
Investment Composition
- Equity Investment: 100.46%
- Large Cap: 47.8%
- Mid Cap: 40.77%
- Small Cap: 0.76%
- Others: 11.13%
UTI Nifty200 Momentum 30 Index Fund – Top 10 Holdings
| Stock | Sector | Value (Mn) | % of Total Holdings | 1M Change | 1Y Highest Holding | 1Y Lowest Holding | Quantity | 1M Change in Qty |
| Hindustan Aeronautics Ltd. | Aerospace & defense | 4354.6 | 6.94% | 1.19% | 6.94% (May 2024) | 3.69% (Oct 2023) | 8.76 L | 73.47 k |
| Trent Limited | Speciality retail | 3790.8 | 6.04% | -0.07% | 6.11% (Apr 2024) | 3.01% (Jul 2023) | 8.31 L | 69.77 k |
| Bajaj Auto Ltd. | 2/3 wheelers | 3470.4 | 5.53% | -0.14% | 6.14% (Mar 2024) | 4.81% (Aug 2023) | 3.82 L | 32.06 k |
| Coal India Ltd. | Coal | 3313.8 | 5.28% | 0.17% | 5.30% (Feb 2024) | 0% (Jun 2023) | 67.46 L | 5.66 L |
| Bharat Electronics Ltd. | Aerospace & defense | 3256.5 | 5.19% | 0.90% | 5.19% (May 2024) | 3.81% (Jan 2024) | 1.10 Cr | 9.23 L |
| Rural Electrification Corp. Ltd. | Financial institution | 3169.4 | 5.05% | 0.07% | 5.58% (Nov 2023) | 3.08% (Jun 2023) | 58.94 L | 4.95 L |
UTI Nifty200 Momentum 30 Index Fund – Growth and Performance
| Period Invested for | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
| 1 Week | 14-Jun-24 | 9786.10 | -2.14% | – | 0.45% | 212/219 |
| 1 Month | 21-May-24 | 10344.20 | 3.44% | – | 3.52% | 114/214 |
| 3 Month | 21-Mar-24 | 11830.80 | 18.31% | – | 8.66% | 46/203 |
| 6 Month | 21-Dec-23 | 13276.10 | 32.76% | – | 13.66% | 20/191 |
| YTD | 01-Jan-24 | 12959.80 | 29.60% | – | 11.85% | 19/194 |
| 1 Year | 21-Jun-23 | 16816.50 | 68.16% | 67.93% | 27.63% | 9/180 |
| 2 Year | 21-Jun-22 | 21823.30 | 118.23% | 47.65% | 26.71% | 3/92 |
| 3 Year | 21-Jun-21 | 20411.40 | 104.11% | 26.82% | 18.01% | 6/47 |
| Since Inception | 10-Mar-21 | 24327.30 | 143.27% | 31.08% | 17.87% | 29/180 |
UTI Nifty200 Momentum 30 Index Fund – SIP Returns
Systematic Investment Plans (SIPs) have also yielded substantial returns. Below are the SIP returns for the fund:
| Period Invested for | ₹1,000 SIP Started on | Investments | Latest Value | Absolute Returns | Annualised Returns |
| 1 Year | 21-Jun-23 | 12,000 | 16738.83 | 39.49% | 80% |
| 2 Year | 21-Jun-22 | 24,000 | 39647.86 | 65.20% | 56.76% |
| 3 Year | 21-Jun-21 | 36,000 | 62009.17 | 72.25% | 38.66% |
UTI Nifty200 Momentum 30 Index Fund – Investment Strategies
- Momentum Investing: Prioritizing stocks exhibiting strong price momentum.
- Diversification: Allocating investments across large, mid, and small-cap stocks to balance risk and return.
- Regular Rebalancing: Adjusting the portfolio periodically to maintain alignment with the index and capture high-momentum trends.
Portfolio Turnover
- Turnover Ratio: 98.00% (Category average: 25.56%)
- The fund manager updates the portfolio more frequently than peers, indicating a dynamic strategy with shorter holding periods.
UTI Nifty200 Momentum 30 Index Fund – Risk Ratios
Risk Assessment
The fund is categorized as “Very High” risk due to its high equity exposure and focus on momentum-driven stocks.
| Risk Ratio | Fund Value | Category Avg | Remarks |
| Standard Deviation | 18.22 | 14.03 | High volatility |
| Beta | 0.99 | 0.87 | High market risk |
| Sharpe Ratio | 0.99 | 0.44 | Better risk-adjusted returns |
| Treynor’s Ratio | 0.18 | -0.10 | Better risk-adjust |
Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance does not indicate future results, and investors should research and consult with a financial advisor before making investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.
