The current market price of UTI Nifty IT ETF is ₹294.63. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

UTI Nifty IT ETF, managed by UTI Asset Management Company Limited, seeks to replicate the Nifty IT Index and provide index-correlated returns as a Passive Exchange Traded Fund through passive replication. The fund employs a passive replication approach to track the Nifty IT Index, emphasizing low tracking error of 0.1% to align ETF returns closely with benchmark total returns before expenses. Portfolio is heavily IT-centric with Industry allocation 99.0%, led by Infosys 29.2%, TCS 20.7%, HCL 11.6%, Tech Mahindra 10.4% and Wipro 6.3%, creating top-five concentration around 78.2%. Over the available one-year horizon the ETF returned -20.4%, a reflection of benchmark weakness rather than tracking inefficiency given the low 0.1% tracking error and precise index replication. The ETF charges 0.2% expense ratio, month-end AUM ₹5.5 Cr and quarterly average ₹6.5 Cr, managed Jan 2024 by Mr. Sharwan Kumar Goyal (19y) and Mr. Ayush Jain (7y).

UTI Nifty IT ETF is designed to track Nifty IT Index, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of UTI Nifty IT ETF is 0.18%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of UTI Nifty IT ETF is approximately ₹5.45. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

UTI Nifty IT ETF is classified under the as per the risk-o-meter defined by the fund house risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of UTI Nifty IT ETF is 0.05%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

UTI Nifty IT ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, UTI Nifty IT ETF has delivered the following returns: 1-year return: -25.38%. 3-year return: -19.20%. 5-year return: -19.20%. Past performance does not guarantee future results.

Before investing in UTI Nifty IT ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.