UTI Nifty Index Fund Direct-Growth

About UTI Nifty Index Fund Direct-Growth

The UTI Nifty Index Fund Direct Growth is a direct growth option launched by UTI Mutual Fund House. The fund follows a passive investment strategy to generate returns that closely correspond to the total returns of the Nifty 50 Index. The fund manager of UTI Nifty Index Fund Direct Growth Plan tries to replicate the composition and performance of the Nifty 50 Index.

This index is composed of 50 large-cap stocks that represent various sectors of the Indian economy. It is one of the most widely followed equity indices in India and is known for its diversified and representative nature.

The UTI Nifty Index Fund Direct-Growth Plan allows you to invest directly in the scheme without involving intermediaries. This leads to a lower expense ratio and better returns compared to regular plans.

Overview of UTI Nifty Index Fund Direct-Growth

Top Holdings of UTI Nifty Index Fund Direct-Growth

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Top 10 Sector Allocations of UTI Nifty Index Fund Direct-Growth

UTI Nifty Index Fund Direct-Growth Returns

*Fund NAV as of 20 November 2023

Documents Required to Invest in UTI Nifty Index Fund Direct-Growth

To invest in UTI Nifty Index Fund Direct-Growth, you will typically need the following documents:

• KYC (Know Your Customer) Documents:

  • Aadhaar card

  • Passport

  • Voter ID

  • Driving license

  • PAN (Permanent Account Number) card

• Proof of Address:

  • Recent utility bills (electricity, water, gas)

  • Aadhaar card

  • Passport

  • Voter ID

  • Driving license

• Bank Account Details:

  • Cancelled cheque

  • Copy of the passbook

• Passport-size Photographs:

• PAN Card:

• Duly Filled Application Form:

• Online Access Credentials (for online investments)

• NRI/ OCI/ PIOs Documents

  • Valid Visa

  • Overseas Address Proof

  • NRE/ NRO Account Details

  • Valid NRI/ PIO Card

Steps to Invest in UTI Nifty Index Fund Direct-Growth

You can follow the steps mentioned below to start investing in SBI Contra Fund Regular Plan Growth:

Step 1- Research: Understand the fund's objectives, historical performance, and associated risks.

Step 2- KYC Compliance: Complete the Know Your Customer (KYC) process by submitting the necessary documents.

Step 3- Choose Platform: Select a reliable investment platform that offers UTI Nifty Index Fund Direct Growth.

Step 4- Login/Register: Create an account or log in to the chosen investment platform.

Step 5- Select Fund: Locate UTI Nifty Index Fund Direct-Growth and choose the investment amount.

Step 6- Provide Details: Enter personal and financial details as required.

Step 7- Payment: Make the investment payment using the available options on the platform.

Step 8- Confirmation: Once the transaction is complete, you'll receive a confirmation of your investment.

Step 9- Monitor: Keep track of your investment and market trends regularly.

Estimate UTI Nifty Index Fund Direct-Growth Returns with SIP Calculator

To invest in UTI Nifty Index Fund Direct-Growth through a Systematic Investment Plan (SIP), you can use two calculators to estimate potential returns:

• SIP Calculator

• Mutual Fund Calculator

The Policybazaar SIP calculator assists in predicting the future value of your investments. Simply enter the following details:

• Monthly Contribution

• Expected Rate of Return

• Investment Period

By inserting these details, you can get an estimate of how much your investment in the SBI Contra Fund Regular Plan could grow over time.