COMPARE
Tata Nifty Next 50 Index Fund - Direct Plan Growth Option vs UTI Nifty 500 Value 50 Index Fund - Direct Plan - Growth Option
Tata Nifty Next 50 Index Fund and UTI Nifty 500 Value 50 Index Fund are both in the Index Funds category, from Tata Asset Management Limited and UTI Asset Mgmt. Co. Ltd. respectively. Tata Nifty Next 50 Index Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Tata Nifty Next 50 Index Fund has the lower direct-plan expense ratio, by 0.42 percentage points.
| Tata Nifty Next 50 Index Fund - Direct Plan Growth Option | UTI Nifty 500 Value 50 Index Fund - Direct Plan - Growth Option | |
|---|---|---|
| Category | Index Funds | Index Funds |
| AMC | Tata Asset Management Limited | UTI Asset Mgmt. Co. Ltd. |
| Benchmark | Nifty Next 50 TRI | NIFTY500 Value 50 TRI |
| NAV | ₹9.9364 (2026-10-28) | ₹20.3339 (2026-10-28) |
| AUM | - | ₹828.438 Cr |
| Expense Ratio (Direct) | 0.33% | 0.75% |
| Inception | 2025-09-12 | 2023-04-26 |
Returns
Risk Metrics
This fund tracks an index, so measuring alpha against that same index would only report its tracking error.
Portfolio Analytics
Tata Nifty Next 50 Index Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Tata Nifty Next 50 Index Fund - Direct Plan Growth Option | UTI Nifty 500 Value 50 Index Fund - Direct Plan - Growth Option | |
|---|---|---|
| P/E Ratio | 19.0703 | 10.2108 |
| P/B Ratio | 8.4654 | 10.3901 |
| Dividend Yield | 1.3348% | 3.1146% |
| Active Share | 0% | 0% |
| Portfolio Turnover | - | - |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Tata Nifty Next 50 Index Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, Tata Nifty Next 50 Index Fund or UTI Nifty 500 Value 50 Index Fund?
Tata Nifty Next 50 Index Fund's direct-plan expense ratio is 0.42 percentage points lower than UTI Nifty 500 Value 50 Index Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Tata Nifty Next 50 Index Fund and UTI Nifty 500 Value 50 Index Fund show risk metrics like Sharpe ratio or alpha?
This fund tracks an index, so measuring alpha against that same index would only report its tracking error. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which fund has a longer track record, Tata Nifty Next 50 Index Fund or UTI Nifty 500 Value 50 Index Fund?
UTI Nifty 500 Value 50 Index Fund launched on 2023-04-26, making it older than Tata Nifty Next 50 Index Fund (launched 2025-09-12). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.