UTI Nifty200 Momentum 30 Index Fund is a Large Cap Index mutual fund scheme offered by UTI Mutual Fund. This fund has been in existence for 3 years and 3 months, having been launched on February 18, 2021. The fund has total assets under management (AUM) worth ₹6,277 Crores as of March 31, 2024. The expense ratio of the fund is 0.46%, which is higher than the average expense ratio for Large Cap Index funds.

The fund has delivered a return of 32.41% since its inception, with an average annual return of 32.16%. It has generated a return of 72.79% in the last 1 year. The fund has performed better than its benchmark, Nifty 200 Momentum 30 TRI, and has consistently delivered higher returns compared to most funds in its category.

The fund has a very high risk rating, indicating that it is suitable for investors who are willing to take on higher levels of risk. It has no lock-in period, allowing investors to exit the fund at any time without any exit load.

The fund offers two investment options: monthly SIP and lumpsum. The minimum investment amount for SIP is ₹500 and for lumpsum is ₹5000. Investors can choose between these options based on their investment preferences.

The fund has a trailing returns performance of 10.27% for 1 month, 22.63% for 3 months, 33.56% for 6 months, 73.53% for 1 year, and 27% for 3 years. These returns indicate that the fund has performed well across different time periods.

In terms of asset allocation, the fund has the majority of its money invested in equity (100.44%) and no exposure to debt. It primarily invests in Large Cap stocks (69.32%) and Mid Cap stocks (31.12%). The top holdings of the fund include Hindustan Aeronautics Ltd., Trent Ltd., Bajaj Auto Ltd., Coal India Ltd., and Bharat Electronics Ltd.

The fund is managed by Sharwan Kumar Goyal and Ayush Jain. Sharwan Kumar Goyal has 15 years of experience in risk and fund management. The investment objective of the fund is to closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.

UTI Nifty200 Momentum 30 Index Fund is one of the top performing funds in its category, with higher outperformance against the benchmark and poor risk-adjusted returns. The fund has a beta of 1.16, indicating that it is more sensitive to market changes. The standard deviation of the fund is 17.25, indicating a more volatile performance.

In conclusion, UTI Nifty200 Momentum 30 Index Fund is a well-performing Large Cap Index fund with a consistent track record of delivering higher returns. It is suitable for investors who are willing to take on higher levels of risk and have a long-term investment horizon.