UTI Nifty200 Quality 30 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 11, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
UTI Nifty200 Quality 30 Index Fund Direct Growth Plan has a NAV of ₹8.7447 as of 10 Sep 2026 and a scheme AUM of ₹552 Cr. Its 1-year, 3-year and 5-year returns are -3.38%, 0% and 0%, and the fund sits in the High Risk category.
Our view is that this is a fit for investors who can tolerate sharper swings and want a quality-focused index strategy rather than a broad benchmark clone. The recent return pattern has been softer than the benchmark over 1 year, while the short-term 3M trend has been steadier than the full-year picture.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹8.7447 as of 10 Sep 2026 |
| AUM | ₹552 Cr |
| Expense Ratio | 0.62% |
| Launch Date | 20 Sep 2024 |
| Min SIP | ₹500 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Index Funds |
| Exit Load | No exit load |
| Fund Managers | Sharwan Kumar Goyal, Ayush Jain, Lokesh Kulthia |
The fund is managed by Sharwan Kumar Goyal, Ayush Jain and Lokesh Kulthia.
Source data date: as of 10 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -5.34% | -4.06% |
| 3M | 2.13% | 1.37% |
| 1Y | -3.38% | -7.31% |
| 3Y | Data not available | Data not available |
| 5Y | Data not available | Data not available |
Recent performance has been uneven. Over 1 month, the fund fell a little more than the benchmark, but over 3 months it held up better than the benchmark, which suggests the shorter window has been less weak than the immediate monthly move.
The 1-year picture is more meaningful for this young scheme. At -3.38%, the fund has done better than the benchmark’s -7.31% over the same period, so it has absorbed a difficult market stretch better than the index it is being compared against.
The 3-month return of 2.13% also sits above the benchmark’s 1.37%, which supports the view that the recent recovery has been reasonably intact. Even so, the 1-month decline shows the path has not been smooth, so short-term holders would still have had to tolerate noticeable volatility.
Because the scheme launched in September 2024, 3-year and 5-year performance figures are not yet available. That makes the available 1-year and shorter-term numbers especially important, and they point to a fund that has not been weak relative to its benchmark, but also has not yet built a long track record.
Source data date: as of 10 Sep 2026
Should you BUY or HOLD UTI Nifty200 Quality 30 Index?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding UTI Nifty200 Quality 30 Index? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| UTI Nifty200 Quality 30 Index Fund Direct Growth Plan | -3.38% | Data not available | Data not available |
| ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan | 33.08% | 30.07% | Data not available |
| Motilal Oswal Nifty India Defence Index Fund Direct Growth Plan | 26.95% | Data not available | Data not available |
| Aditya Birla SL Nifty India Defence Index Fund Direct Growth Plan | 26.94% | Data not available | Data not available |
| Tata Nifty Capital Markets Index Fund Direct Growth Plan | 24.33% | Data not available | Data not available |
| Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan | 23.74% | Data not available | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
The current fund’s 1-year return is far below the strongest peer returns shown here, but the comparison is not apples to apples because the peers are different thematic or overseas index funds. What matters more is that this fund’s own 1-year figure is less negative than the benchmark return used for the scheme, which suggests the fund has not trailed its reference index over the same period.
On longer horizons, the peer set offers no like-for-like 3-year or 5-year comparison for this fund because those figures are unavailable for it and unavailable for most peers in the table. As a result, the peer picture is dominated by short-term data, while the fund’s own benchmark comparison gives a clearer read on how it has behaved since launch.
Source data date: as of 10 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Eq – Tata Consultancy Services Ltd. | IT | 5.47% |
| Eq – Nestle India Ltd. | FMCG | 5.20% |
| Eq – Infosys Ltd. | IT | 5.16% |
| Eq – Bharat Electronics Ltd. | Capital Goods | 4.81% |
| Eq – HCL Technologies Ltd. | IT | 4.57% |
| Eq – Bajaj Auto Ltd. | Automobile & Ancillaries | 4.48% |
| Eq – Hindustan Unilever Ltd | FMCG | 4.30% |
| Eq – ITC Ltd. | FMCG | 4.23% |
| Eq – Dixon Technologies (India) Ltd | Consumer Durables | 4.21% |
| Eq – Britannia Industries Ltd. | FMCG | 4.05% |
The top 10 holdings account for approximately 46.48% of the portfolio.
To see all holdings, visit the UTI Nifty200 Quality 30 Index Fund Direct Growth Plan page
The largest holding is Tata Consultancy Services at 5.47%, which is only modestly ahead of the next few positions. The drop from the first holding to the tenth is not steep, moving from 5.47% to 4.05%, so the visible holdings look fairly evenly spread rather than dominated by one outsized position.
That said, the top 10 still make up about 46.48% of the portfolio, and the scheme discloses 30 holdings in total. Our view is that this points to moderate concentration in the largest names, with a longer tail of smaller positions likely contributing the rest. For a quality index fund, that mix can help keep the portfolio anchored in a relatively narrow set of stocks while still avoiding extreme single-stock dependence.
Source data date: as of 10 Sep 2026
Who should invest
This fund suits investors who can handle High Risk volatility and are comfortable with a quality-tilted equity portfolio that may move differently from the benchmark in shorter windows. The 1-year result has been less weak than the benchmark, while the 3-month trend has also been somewhat better, but the 1-month decline shows that swings can still be noticeable.
We think the better fit is an investor with a medium-to-long horizon who can stay invested through periods of underperformance. The main trade-off is that a quality index approach may offer steadier stock selection characteristics than a broad market fund, but it can still lag in some market phases and does not yet have a long operating history here.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: No exit load.
Source data date: as of 10 Sep 2026
Frequently asked questions
What is the current NAV of UTI Nifty200 Quality 30 Index Fund Direct Growth Plan?
The current NAV is ₹8.7447 as of 10 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s 1-year return is -3.38%, while the 3-year and 5-year returns are not yet available because the scheme is still young.
How has the fund done against its benchmark?
Over 1 year, the fund’s -3.38% return is better than the benchmark’s -7.31%. Over 3 months, the fund also leads the benchmark, while over 1 month it trails slightly.
How does it compare with the peer funds shown here?
Its 1-year return is well below the strongest peer figures in the table, but those peers are different funds with different themes. The more relevant comparison for this scheme is that it has held up better than its benchmark over the same 1-year period.
Is there a minimum SIP amount?
No minimum SIP amount is listed here.
What are the risk and portfolio features?
The fund is in the High Risk category and its top 10 holdings account for about 46.48% of the portfolio across 30 disclosed holdings. The largest positions are in IT and FMCG names, which gives the portfolio a quality-heavy tilt.
Published on 11 September 2026 at 5:58 PM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.