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UTI Nifty 50 Index Fund Completes 25 Years: A Milestone in Passive Investing
(MENAFN- Adfactors PR) Bengaluru, March 6, 2025 – UTI Asset Management Company (UTI AMC) has reached a milestone as the UTI Nifty 50 Index Fund marked 25 years on March 6th, 2025, reinforcing its legacy as one of India's most trusted and enduring index funds. To commemorate the occasion, a bell-ringing ceremony was held at the National Stock Exchange (NSE), in the presence of senior leadership from UTI AMC, including Imtaiyazur Rahman, MD & CEO and Vetri Subramaniam, CIO, along with Ashishkumar Chauhan, MD and CEO, NSE. The event was followed by an interactive session where they shared key insights on the fund’s journey and the evolving landscape of passive investing in India.
Launched in March 2000, UTI Nifty 50 Index Fund is one of the oldest and largest index funds in India, with an AUM exceeding ₹20,000 crore. Tracking the Nifty 50 Index, the fund provides investors with a cost-effective and efficient way to gain exposure to India's leading 50 blue-chip companies. Over the past 25 years, it has maintained one of the lowest Tracking Errors and Tracking Differences in the industry—solidifying its position as a leader in the passive investing space.
Imtaiyazur Rahman, MD & CEO, UTI AMC, said, UTI AMC has remained committed towards the aspirations of millions of investors who traverse their path of wealth building with mutual funds. Passive investing has gained immense popularity over the last few years. We are delighted to achieve this milestone and are equally proud to have earned the trust and loyalty of our investors. The story of India’s economic growth will always see mutual funds as one of the key contributors and we take great pride in being an active partner in this journey. As we celebrate this remarkable moment, we thank all our investors, distributors and our stakeholders who have reposed their trust on UTI MF.”
Ashishkumar Chauhan, MD & CEO, NSE, said, “The Nifty 50 Index has been the barometer of India’s economic progress, and UTI Nifty 50 Index Fund has played a pivotal role in making index investing more accessible and cost-effective for investors. Being one of the oldest, the fund has enabled countless investors to participate in India’s growth story with transparency and efficiency. We congratulate UTI AMC on this remarkable milestone, which reflects both the fund’s enduring success and the increasing adoption of index-based strategies. As markets evolve, index funds will continue to serve as a powerful tool for wealth creation and we look forward to UTI AMC’s continued contributions in strengthening the passive investment ecosystem in India."
With a legacy of trust and performance, UTI Nifty 50 Index Fund continues to be a preferred choice for investors seeking long-term wealth creation through passive investing. Its disciplined approach, cost-effectiveness, and broad market representation makes it an ideal investment vehicle for those looking to participate in India's economic growth.
Launched in March 2000, UTI Nifty 50 Index Fund is one of the oldest and largest index funds in India, with an AUM exceeding ₹20,000 crore. Tracking the Nifty 50 Index, the fund provides investors with a cost-effective and efficient way to gain exposure to India's leading 50 blue-chip companies. Over the past 25 years, it has maintained one of the lowest Tracking Errors and Tracking Differences in the industry—solidifying its position as a leader in the passive investing space.
Imtaiyazur Rahman, MD & CEO, UTI AMC, said, UTI AMC has remained committed towards the aspirations of millions of investors who traverse their path of wealth building with mutual funds. Passive investing has gained immense popularity over the last few years. We are delighted to achieve this milestone and are equally proud to have earned the trust and loyalty of our investors. The story of India’s economic growth will always see mutual funds as one of the key contributors and we take great pride in being an active partner in this journey. As we celebrate this remarkable moment, we thank all our investors, distributors and our stakeholders who have reposed their trust on UTI MF.”
Ashishkumar Chauhan, MD & CEO, NSE, said, “The Nifty 50 Index has been the barometer of India’s economic progress, and UTI Nifty 50 Index Fund has played a pivotal role in making index investing more accessible and cost-effective for investors. Being one of the oldest, the fund has enabled countless investors to participate in India’s growth story with transparency and efficiency. We congratulate UTI AMC on this remarkable milestone, which reflects both the fund’s enduring success and the increasing adoption of index-based strategies. As markets evolve, index funds will continue to serve as a powerful tool for wealth creation and we look forward to UTI AMC’s continued contributions in strengthening the passive investment ecosystem in India."
With a legacy of trust and performance, UTI Nifty 50 Index Fund continues to be a preferred choice for investors seeking long-term wealth creation through passive investing. Its disciplined approach, cost-effectiveness, and broad market representation makes it an ideal investment vehicle for those looking to participate in India's economic growth.
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