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UTISXN50

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1m

Analysis and statistics

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About

The financial product symbol UTISXN50.NSE refers to the UTI S&P BSE Sensex Next 50 ETF, which is traded on the National Stock Exchange of India (NSE). It's an Exchange Traded Fund (ETF) managed by UTI Asset Management Company. The fund aims to replicate the performance of the S&P BSE Sensex Next 50 Index, a benchmark representing the next 50 largest and most liquid companies in India after the constituents of the S&P BSE Sensex. Investors can buy and sell units of this ETF on the NSE like any other stock. This allows them to gain exposure to a diversified portfolio of Indian companies beyond the top 30 firms represented by the Sensex, offering a relatively low-cost and convenient way to participate in the Indian equity market.
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Factors

Market Sentiment: Overall investor mood influencing buying/selling decisions.

Index Performance: Tracks the Nifty 50's price movements directly.

Supply and Demand: High demand increases price; high supply decreases it.

Expense Ratio: Fund's operational costs impacting returns and price.

Tracking Error: Deviation from the Nifty 50's actual performance.

Global Events: International news and economic factors influencing Indian markets.

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