UTI Nifty200 Momentum 30 Index Funds 143% returns for its first 3 years

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

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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

  1. Momentum Investing: Prioritizing stocks exhibiting strong price momentum.
  2. Diversification: Allocating investments across large, mid, and small-cap stocks to balance risk and return.
  3. 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.