UTI Nifty200 Momentum 30 Index Fund is a Large Cap Index mutual fund from UTI Mutual Fund, launched on February 18, 2021. With 3 years of existence, it manages assets worth ₹6,277 Crores as of March 31, 2024, and has an expense ratio of 0.46%—above the average for similar funds.

This fund has provided a 32.41% return since its inception, with a 32.16% average annual return, and a significant 72.79% return over the last year. It has outperformed its benchmark, Nifty 200 Momentum 30 TRI, consistently offering superior returns in its category.

Rated as high-risk, the UTI Nifty200 Momentum 30 Index Fund appeals to investors comfortable with elevated risk levels. It offers liquidity with no lock-in period or exit load, allowing withdrawals anytime.

Investment options include monthly SIP for a minimum of ₹500 or a lump sum of ₹5000, catering to varied preferences. Performance-wise, the fund yields 10.27% for 1 month, 22.63% over 3 months, 33.56% for 6 months, 73.53% for 1 year, and 27% over 3 years, showcasing impressive returns.

Its asset allocation consists predominantly of equity investments (100.44%), with substantial holdings in Large Cap stocks (69.32%) and Mid Cap stocks (31.12%). Key holdings encompass companies like Hindustan Aeronautics Ltd., Trent Ltd., Bajaj Auto Ltd., Coal India Ltd., and Bharat Electronics Ltd.

The fund is managed by Sharwan Kumar Goyal, with 15 years of risk and fund management expertise, alongside Ayush Jain. The investment goal is to match the total returns of the securities represented by its index, minimizing tracking errors.

Ranking among the top in its class, the fund excels with beta at 1.16, indicating market sensitivity, and a standard deviation of 17.25, suggesting volatile performance.

In summary, the UTI Nifty200 Momentum 30 Index Fund is a strong Large Cap Index fund, delivering high returns suitable for risk-tolerant investors with long-term goals.

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