In an effort to provide investors with an innovative way to tap into the potential of value investing, UTI Mutual Fund has unveiled a new index fund – the UTI Nifty 500 Value 50. The fund is designed to track the Nifty 500 Value 50 index, which comprises the 50 most attractively valued companies from the Nifty 500 index.
The UTI Nifty 500 Value 50 is a passively managed fund that aims to replicate the performance of the Nifty 500 Value 50 index. The index selects the top 50 companies from the Nifty 500 based on various value parameters such as price-to-earnings, price-to-book value, and dividend yield. This ensures that the companies included in the index are trading at an attractive price compared to their fundamentals.
UTI Mutual Fund’s decision to launch the UTI Nifty 500 Value 50 comes at a time when value investing is gaining popularity among investors. With the markets hitting record highs, investors are looking for undervalued stocks that can provide better returns in the long run.
According to Mr. Imtaiyazur Rahman, CEO of UTI Mutual Fund, “The UTI Nifty 500 Value 50 index fund is an excellent way for investors to get exposure to undervalued stocks. The fund is designed to provide long-term capital appreciation by investing in a diversified portfolio of companies that are trading at attractive valuations.”
The UTI Nifty 500 Value 50 index has outperformed the Nifty 50 and Nifty 500 indices in the past three years, which makes it an attractive investment option for value-conscious investors. The fund is suitable for investors who are looking to invest in a diversified portfolio of undervalued stocks with a long-term investment horizon.
UTI Mutual Fund has a strong track record of delivering consistent returns to its investors. The launch of the UTI Nifty 500 Value 50 is expected to strengthen UTI Mutual Fund’s position in the Indian mutual fund industry and provide investors with an innovative investment option to tap into the potential of value investing.
