Welcome To myplexus.com

Fund Facts
  • Name of Fund:
    UTI Nifty 50 Equal Weight Index
  • Opening:
    22nd May 2023
  • Closing:
    9th June 2023
  • Scheme Type:
    Open Ended Equity Index Funds
  • Minimum Investment:
    Rs 5,000/- and in multiples of Re.1/- thereafter.
  • Plan:
    Regular and Direct
  • Options:
    Growth
  • Entry Load:
    Nil
  • Exit Road:
    Nil
  • Thereafter:
    Nil

Fund Stats

Objective

The Investment Objective of the Scheme is to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error.

  • Benchmark:

  • Nifty 50 Equal Weight

  • Fund Manager:

  • Sharwan Kumar Goyal, Ayush Jain

Asset Allocation

95-100% Securities covered by Nifty50 Equal Weight Index
upto 5% Money Market
Comparable existing schemes
ICICI Prudential Nifty50 Equal Weight Index Fund 3.04(6M) Not Available
DSP Nifty 50 Equal Weight Index Fund 3.15(6M) 18.22(1Y)

Fund Prognosis

Idea Distiller

An index that is becoming increasingly popular amongst fund houses. And this fund house now wants to track it for our benefit.

  • Fund House AAUM:

  • Rs. 23886835.58 Lakhs (as on 31st March 2023)

  • Fund Manager:

  • Combined experience of above 16 years

Scheme DNA 4 fundamentals

  • UNIQNESS
  • RETURN
  • RISK
  • OPERABILITY

OOMP Factor

Yes attractive as an emerging one but is that what we are looking for??? Attractive??? Money worthy? I would think so.