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| Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
| Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
The scheme is categorised as a thematic fund, focusing on sectoral and thematic opportunities identified through quantitative models.
The fund’s investment strategy leverages data-driven techniques to identify and manage portfolio allocations, catering to investors seeking exposure to a disciplined, model-based approach.
While the scheme seeks consistent returns, UTI Mutual Fund has clarified that it does not guarantee or assure the achievement of its investment objectives.
The scheme requires a minimum subscription amount of ₹1,000, with subsequent investments in multiples of ₹1.
There is no entry load, while an exit load of 1% applies if units are redeemed or switched out within 90 days from allotment. After 90 days, no exit load is charged.
The benchmark for the fund is the BSE 200 TRI.
For more insights and to access various investment calculators, visit CNBC TV18 Investment Calculators.
It offers only the growth option under both Regular and Direct Plans. The Direct Plan, designed for investors subscribing directly, features a lower expense ratio, providing cost efficiency.
All income generated is reinvested, and returns are reflected through the NAV.
Investors can subscribe and redeem units daily at the applicable NAV.
NAVs will be disclosed by 11 pm on every business day on the UTI Mutual Fund website and AMFI’s platform.
Redemption proceeds will be credited within three working days, and delays will attract an interest rate of 15% per annum as per SEBI guidelines.
UTI Quant Fund does not plan to list on stock exchanges but ensures continuous liquidity through its daily subscription and redemption mechanism.
First Published: Jan 2, 2025 9:10 AM IST
