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UTI Nifty Exchange Traded Fund

Rating (source: Value Research)

NAV as on 09/12/2016 for

Rs. 841.6531.5227 (0.18%)
  • Overview

  • Performance

  • Portfolio

  • Fund
    Manager
  • Scheme
    Documents
  • Load
    Structure
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    Commentary
  • Creation Unit/
    Portfolio
Investment Objective

The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.

However there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Type
(An open ended Exchange Traded Fund)[Rajiv Gandhi Equity Savings Scheme (RGESS) Qualified Scheme]
Plan opens on
Monday, August 24, 2015
Plan closes on
Wednesday, August 26, 2015
Offer Price
Offer of Units of Rs.10/- each for cash issued at a premium approximately equal to the difference between face value and allotment price during the New Fund Offer Period and at NAV based prices during continuous offer.
Minimum Application amount
During NFO period- Rs.5000/- and in multiples of Re. 1/- thereof.
Allotment Date
Tuesday, September 01, 2015
Listing on BSE-NSE
Wednesday, September 02, 2015
Trading BSE-NSE
Thursday, September 03, 2015
Options
Not applicable
Fund Managers
Fund Manager 

Mr. Kaushik Basu

Kaushik Basu is a B. Com graduate, LLB, ICWA (Inter) and ICS.

Know More
Who Should Invest

Open to Resident or Non- resident Indian individuals as well as non-individuals who have

  1. A demat account, as the Units will be traded and settled in demat form only.
  2. A trading account with a NSE/BSE broker.

Tax Angle

The Tax Angle - Subject to prevalent tax laws (Please refer to the clause on Taxation in the Statement of Additional Information (SAI)).

Tax Benefit under Sec 80CCG:
The Scheme shall be eligible under Section 80CCG of the Income tax Act on 'Deduction in respect of investment made under an equity savings scheme' to give tax benefits to new investors who invest up to Rs.50, 000 and whose gross total annual income is less than or equal to Rs.12 lakhs (w.e.f from April 1, 2014, prior to that total income shall not exceed Rs.10 lacs), subject to provision as mentioned in notification no. 51/2012 dated November 23, 2012 and SEBI Circular no. CIR/MRD/DP/32/2012 dated December 06, 2012.

For further details regarding RGESS please refer to paragraphs following the Table of Contents in this SID.

This product is suitable for investors who are seeking*:

  • long term investment
  • Investment in securities covered by CNX Nifty Index
  • Moderately High Level

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Detailed Portfolio (as of 30th Nov 2016)
Equity % to NAV
NTPC LTD. 1.35
HERO MOTOCORP LTD. 1.36
POWER GRID CORPORATION OF INDIA LTD 1.42
BHARTI AIRTEL LTD. 1.44
DR. REDDY'S LABORATORIES LTD. 1.34
HCL TECHNOLOGIES LTD. 1.52
LUPIN LTD. 1.21
ASIAN PAINTS LTD. 1.47
COAL INDIA LTD. 1.31
YES BANK LTD. 1.30
NCA -1.65
BAJAJ AUTO LTD. 1.23
OTH 14.63
INDUS IND BANK LTD. 1.83
MAHINDRA & MAHINDRA LTD. 1.85
ULTRATECH CEMENT LTD. 1.26
TATA CONSULTANCY SERVICES LTD. 4.07
OIL & NATURAL GAS CORPORATION LTD. 1.74
ITC LTD. 6.62
INFOSYS LTD. 6.54
HDFC BANK LTD. 8.11
ICICI BANK LTD 5.19
HDFC LTD. 6.72
LARSEN & TOUBRO LTD. 3.81
TATA MOTORS LTD. 3.49
KOTAK MAHINDRA BANK LTD. 3.03
STATE BANK OF INDIA 2.69
AXIS BANK LTD. 2.68
SUN PHARMACEUTICALS INDUSTRIES LTD. 2.58
MARUTI SUZUKI INDIA LTD. 2.34
HINDUSTAN UNILEVER LTD. 2.02
RELIANCE INDUSTRIES LTD. 5.50
Fund Manager - Biography
Fund Manager

Mr. Kaushik Basu

Kaushik Basu is a B. Com graduate, LLB, ICWA (Inter) and ICS. He has been with UTI AMC since 1984 and has acquired experience as a dealer in the department of Dealings and subsequently as an Assistant Fund Manager and Fund Manager in the department of Fund Management. Presently, he is working as a Fund Manager.

Plan Investment in Rupees
Load Structure Entry Load : Not applicable
Exit Load : NIL
Our 3 step
online application process
1
Register at invest@uti to buy funds online.
2
Fill up the online application form and make payments online.
3
Print and sign the form and send it with required documents at our nearest office or our executive will come and collect them
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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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