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UTI Nifty 500 Index Fund

Q: What is the NAV of UTI Nifty 500 Index Fund?

As of 15 Oct 2026, the NAV of UTI Nifty 500 Index Fund is ₹9.42 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has UTI Nifty 500 Index Fund delivered?

UTI Nifty 500 Index Fund has returned -5.49% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of UTI Nifty 500 Index Fund?

UTI Nifty 500 Index Fund charges an expense ratio of 1.85% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of UTI Nifty 500 Index Fund?

UTI Nifty 500 Index Fund's largest holdings are HDFC BANK LIMITED (5.7%), ICICI BANK LTD (4.9%), RELIANCE INDUSTRIES LTD. (4.1%), BHARTI AIRTEL LTD. (2.8%) and LARSEN & TOUBRO LTD. (2.3%). Holdings are disclosed monthly and change over time.

Q: How risky is UTI Nifty 500 Index Fund?

UTI Nifty 500 Index Fund sits at the very high level on our estimate of SEBI's risk-o-meter scale, its trailing-3Y volatility (annualised) is 13.2% and its worst peak-to-trough fall in our sample was 7.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of UTI Nifty 500 Index Fund?

UTI Nifty 500 Index Fund is benchmarked against the Nifty 500 TRI. The alpha, beta and capture figures on this page are measured against the Nifty 500 TRI, the closest index whose daily history we hold.

Q: Who manages UTI Nifty 500 Index Fund?

UTI Nifty 500 Index Fund is managed by Sharwan Kumar Goyal, Ayush Jain and Lokesh Kulthia at UTI.

Q: When was UTI Nifty 500 Index Fund launched, and what is its objective?

UTI Nifty 500 Index Fund was launched on 27 Aug 2026. its stated objective is: The Investment objective of the Scheme is to provide returns that, before expenses, correspond to the total return of the securities as represented by the underlying index, subject to tracking error. However, there is no assurance that the investment objective of the scheme will be achieved. Both are as filed in the scheme's own Scheme Summary Document.

Q: How is UTI Nifty 500 Index Fund taxed?

UTI Nifty 500 Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

UTI Mutual Fund · Best Index Funds

NAV

₹9.42

+0.65% 1D

as of 15 Oct 2026

Compare SIP calculator

Performance

-5.49%absolute

52-week rangePrev NAV ₹9.36

Latest ₹9.42

Low ₹9.1830th percentile of its 52-week rangeHigh ₹9.97

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.85%

Direct 1.85% · Regular 2.56%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

20.56

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category —

Scheme Info

Definitions

Plan

—

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹1,000

Nifty 500 TRI

The scheme's allotment date, as filed in its Scheme Summary Document. This plan's NAV history may begin later — Direct plans only exist from 1 Jan 2013.

27 Aug 2026

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-1.40%

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

Absolute return since 1 Jan of this year (not annualized)

—

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

-5.49%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.19%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-7.90%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees; price means no free daily yield exists for that index, so the fund's alpha includes roughly the index's dividend yield. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Index Funds)

Period	Fund	Category avg.	Diff
1M abs	-1.40%	—	—
3M abs	—	—	—
6M abs	—	—	—
1Y CAGR	—	—	—
3Y CAGR	—	—	—
5Y CAGR	—	—	—

Category average across peers in Index Funds, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹10.00K

Current value

₹10.00K

Absolute

0.00%

XIRR

+450.01%

Value vs. invested

ValueInvested

Pick a longer period to plot the path.

1 monthly installments of ₹10,000 into UTI Nifty 500 Index Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

Expense ratio

1.85%

AUM

₹35.28Cr

Portfolio turnover

Exit load

Nil

P/E ratio

20.6

P/B ratio

4.2

Avg market cap

₹3,97,013Cr

P/E & P/B are portfolio-weighted harmonic means across 424 of 494 equity holdings (93% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Index Funds

Compare all


UTI Nifty 500 Index FundThis fund UTI	—	—	—	—	20.56	1.85%	₹35.28Cr
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential · Direct · Growth	—	+30.08%	+31.52%	+19.74%	—	0.63%	₹3,572Cr
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential · Direct · IDCW	—	+30.08%	+31.52%	+19.74%	—	0.63%	₹3,572Cr
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential · Regular · Growth	—	+29.45%	+30.93%	+19.18%	—	1.06%	₹3,572Cr
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential · Regular · IDCW	—	+29.45%	+30.93%	+19.18%	—	1.06%	₹3,572Cr
Motilal Oswal S&P 500 Index Fund Motilal Oswal · Direct · Growth	—	+25.64%	+27.09%	+17.95%	—	0.64%	₹4,581Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 99% of the equity sleeve priced.

Large cap67.1%
Mid cap22.5%
Small cap10.4%

Asset allocation

As on 30 Sep 2026 · AMC disclosure

Equity99.59%
Real Estate / REITs0.35%
Cash & Equivalents0.10%

What the fund bought and sold

31 Aug 2026 → 30 Sep 2026 disclosures: 22 new, 27 exited, 20 added to, 10 cut. Judged by share count, so a price move alone never counts.

Biggest buys

NewVEDANTA ALUMINIUM METAL LTD.— → 0.36%
AddedLENSKART SOLUTIONS LTD0.11% → 0.26%
NewCUPID LIMITED— → 0.11%
NewSANSERA ENGINEERING LTD— → 0.10%
NewTD POWER SYSTEMS LTD.— → 0.09%
AddedBILLIONBRAINS GARAGE VENTURES LTD0.07% → 0.14%
AddedADANI ENTERPRISES LTD.0.41% → 0.51%
NewAZAD ENGINEERING LIMITED— → 0.04%

Biggest sells

Exited3M INDIA LTD.0.05% → —
ExitedPFIZER LIMITED0.04% → —
ExitedJUBILANT PHARMOVA LIMITED0.04% → —
ExitedERIS LIFESCIENCES LTD0.03% → —
ExitedCHALET HOTELS LTD0.03% → —
ExitedINDEGENE LTD0.03% → —
ExitedGO DIGIT GENERAL INSURANCE LTD.0.03% → —
CutBAJAJ AUTO LTD.0.67% → 0.62%

Source: the AMC's monthly portfolio disclosures.

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
SBI Nifty 500 Index Fund SBI · Index Funds	99.8%	★★★☆☆	0.34%	—
Motilal Oswal Nifty 500 Index Fund Motilal Oswal · Index Funds	99.7%	★★★★☆	0.23%	+9.20%
ICICI Prudential Nifty 500 Index Fund ICICI Prudential · Index Funds	99.3%	★★★☆☆	0.46%	—
Axis Nifty 500 Index Fund Axis · Index Funds	99.3%	★★★☆☆	0.17%	—
DSP Nifty 500 Index Fund DSP · Index Funds	99.2%	—	0.33%	—
HDFC BSE 500 Index Fund HDFC · Index Funds	97.3%	★★☆☆☆	0.35%	+8.59%
Mirae Asset Nifty Total Market Index Fund Mirae Asset · Index Funds	95.2%	★★★☆☆	0.35%	—
Groww Nifty Total Market Index Fund Groww · Index Funds	95.1%	★★★☆☆	0.66%	+10.54%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

6 holdings — 0.75% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I0.20%
Welspun Corp LimitedLong-term · Stage I0.19%
HFCL LimitedLong-term · Stage IV0.12%
Cupid LimitedLong-term · Stage I0.11%
Sansera Engineering LimitedLong-term · Stage I0.10%
Rubicon Research LimitedLong-term · Stage I0.03%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-7.9%31 Aug 2026 → 08 Oct 2026
Still below that high — 38 days down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

UTI Mutual Fund descends from the Unit Trust of India, which was effectively the whole Indian mutual fund industry from 1963 until private managers were allowed in. It was carved out as a SEBI-registered fund house in 2003, is listed on the exchanges, and is held by SBI, LIC, Bank of Baroda, PNB and T. Rowe Price rather than a single parent.

Launched

13 Nov 2002

Total AUM

₹4,02,337Cr+2.5% QoQ

Avg AUM · July - September 2026

Website

utimf.com

Fund Managers

SGSharwan Kumar GoyalStart date not disclosed

Role

Senior Vice President- Equity & Head - Passive, Arbitrage and Quant Strategies and FM (Equity)

Education

B.Com, MMS, CFA

Experience

UTI AMC in June 2006 and has 19 years of overall experience in Risk / Fund management. Presently he is working as Equity Fund Manager & Head of Passive, Arbitrage & Quant Strategies.

Funds managed (30)

All schemes Sharwan Kumar Goyal runs →

AJAyush JainStart date not disclosed

Role

Manager- Equity

Education

Qualifica tions CA, B.Com (Tax)

Experience

He is a manager and designated as Assistant Fund Manager at UTI AMC Ltd. He is a Chartered Accountant holding charter from Institute (e) of Chartered Accountants of India and B.COM from DAVI Ahilya University. He began his career with UTI AMC Ltd in April, 2018 and has over 7 years of experience in Equity Fund Management, Equity Research, Equity Portfolio Analysis & Portfolio Management Services. Nov 2025

Funds managed (30)

All schemes Ayush Jain runs →

LKLokesh KulthiaStart date not disclosed

Experience

i. Management ii. Trainee in Management. In iii. iv. team, v. over 4 experience in vi. vii. Associate viii. key sectors Banking & ix. Services, x. Goods, and xi. he has been in xii. quantitative xiv. manages xv. in the of Passives, xvi. index- mandates and xvii. portfolio xviii. xix. xx. xxi. xxii. xxiii. xxiv. xxv. xxvi. xxvii. xxviii. xxix. xxx. xxxi.

Funds managed (22)

All schemes Lokesh Kulthia runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Sharwan Kumar Goyal Ayush Jain Lokesh Kulthia

Top holdings

HDFC BANK LIMITED ICICI BANK LTD RELIANCE INDUSTRIES LTD.BHARTI AIRTEL LTD.LARSEN & TOUBRO LTD.STATE BANK OF INDIA AXIS BANK LTD.INFOSYS LTD.KOTAK MAHINDRA BANK LTD.MAHINDRA & MAHINDRA LTD.BAJAJ FINANCE LTD.ITC LTD.

UTI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Index funds & ETFs

Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.

Frequently asked questions

What is the NAV of UTI Nifty 500 Index Fund?

As of 15 Oct 2026, the NAV of UTI Nifty 500 Index Fund is ₹9.42 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has UTI Nifty 500 Index Fund delivered?

UTI Nifty 500 Index Fund has returned -5.49% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of UTI Nifty 500 Index Fund?

UTI Nifty 500 Index Fund charges an expense ratio of 1.85% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of UTI Nifty 500 Index Fund?

UTI Nifty 500 Index Fund's largest holdings are HDFC BANK LIMITED (5.7%), ICICI BANK LTD (4.9%), RELIANCE INDUSTRIES LTD. (4.1%), BHARTI AIRTEL LTD. (2.8%) and LARSEN & TOUBRO LTD. (2.3%). Holdings are disclosed monthly and change over time.

How risky is UTI Nifty 500 Index Fund?

UTI Nifty 500 Index Fund sits at the very high level on our estimate of SEBI's risk-o-meter scale, its trailing-3Y volatility (annualised) is 13.2% and its worst peak-to-trough fall in our sample was 7.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of UTI Nifty 500 Index Fund?

UTI Nifty 500 Index Fund is benchmarked against the Nifty 500 TRI. The alpha, beta and capture figures on this page are measured against the Nifty 500 TRI, the closest index whose daily history we hold.

Who manages UTI Nifty 500 Index Fund?

UTI Nifty 500 Index Fund is managed by Sharwan Kumar Goyal, Ayush Jain and Lokesh Kulthia at UTI.

When was UTI Nifty 500 Index Fund launched, and what is its objective?

UTI Nifty 500 Index Fund was launched on 27 Aug 2026. its stated objective is: The Investment objective of the Scheme is to provide returns that, before expenses, correspond to the total return of the securities as represented by the underlying index, subject to tracking error. However, there is no assurance that the investment objective of the scheme will be achieved. Both are as filed in the scheme's own Scheme Summary Document.

How is UTI Nifty 500 Index Fund taxed?

UTI Nifty 500 Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.