Fund Analysis

We move UTI Nifty Index Fund to 'Buy'

The fund's rising expenses compel us to pull it a notch down from its 'Best Buy' tagging

The fund's rising expenses compel us to pull it a notch down from its 'Best Buy' tagging

UTI Nifty Index Fund had, until now, been our most preferred index fund tracking the Nifty 50 index. It offered a solid package of low tracking error, low costs and a decent asset size - the combination that you look for while choosing an index fund. But last year, the fund's expenses almost doubled from 0.10 per cent to 0

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