JioBlackRock Nifty 50 Index Fund vs UTI Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
JioBlackRock Nifty 50 Index Fund is an Index fund and UTI Value Fund is a Value and Contra fund. In the year to 30-10-2026, JioBlackRock Nifty 50 Index Fund (Direct) returned −10.1% and UTI Value Fund (Direct) returned −9.1%. JioBlackRock Nifty 50 Index Fund charges 0.22% a year and UTI Value Fund 1.35% (Direct plans). Their portfolios overlap 53.5%: they hold 26 of the same securities.
JioBlackRock Nifty 50 Index Fund
Index
- 1 year return
- −10.1%
- Expense ratio
- 0.22%
- NAV
- ₹9.36
Which is better, JioBlackRock Nifty 50 Index or UTI Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI Value returned more over 1 year: −9.1% against −10.1%.
- JioBlackRock Nifty 50 Index costs less: 0.22% a year against 1.35% (Direct plans).
- JioBlackRock Nifty 50 Index fell less in its worst fall since 22-08-2025: −15.1% against −15.3%.
- JioBlackRock Nifty 50 Index holds more in large companies: 98.9% of the fund in large caps against 65.6%.
- UTI Value is the larger fund: ₹9,025 Cr against ₹264 Cr.
- Their portfolios overlap 53.5%: 26 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | JioBlackRock Nifty 50 Index Fund | UTI Value Fund |
|---|---|---|
| Fund house | Jio BlackRock Mutual Fund | UTI Mutual Fund |
| Category | Index | Value and Contra |
| AUM | ₹264 Cr (30-09-2026) | ₹9,025 Cr (30-09-2026) |
| NAV | ₹9.36 (Direct) | ₹173.12 (Direct) |
| Expense ratio (Direct) | 0.22% | 1.35% |
| Expense ratio (Regular) | 0.66% | 1.87% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| Launch date | 18-08-2025 | 20-07-2005 |
| Minimum investment | ₹500 | Regular Plan-Growth- Rs.5000, Regular Plan-Reinvestment of IDCW- Rs.5000, Regular Plan-Payout of IDCW- Rs.5000, Direct Plan-Growth- Rs.5000, Direct Plan-Reinvestment of IDCW- Rs.5000, Direct Plan-Payout of IDCW- Rs.5000, |
| Lock in | None | None |
| Fund managers | Tanvi Kacheria, Anand Shah, Haresh Mehta | Amit Premchandani FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | Nil | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. |
JioBlackRock Nifty 50 Index vs UTI Value: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| JioBlackRock Nifty 50 Index Fund (Direct) | +1.94% | −5.03% | −3.17% | −10.07% | -- | -- | -- |
| UTI Value Fund (Direct) | −0.22% | −6.08% | −3.22% | −9.06% | +11.71% | +9.95% | +12.87% |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 30 Value and Contra funds, same plan type.
JioBlackRock Nifty 50 Index vs UTI Value: Year-wise Returns
| Year | JioBlackRock Nifty 50 IndexJioBlackRock Nifty 50 Index | UTI ValueUTI Value | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | −10.93% | −9.69% | −7.51% |
| 2025 | -- | +7.71% | +7.76% |
| 2024 | -- | +24.28% | +16.24% |
| 2023 | -- | +27.63% | +26.91% |
| 2022 | -- | +5.04% | +4.25% |
| 2021 | -- | +31.35% | +31.60% |
JioBlackRock Nifty 50 Index vs UTI Value: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
Rolling returns
Every 1-year holding period, 45 of them, one for each trading day from 24-08-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
JioBlackRock Nifty 50 Index Fund (Direct)
UTI Value Fund (Direct)
Nifty 500 TRI
to
Aug 2026Sept 2025
to
Sept 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JioBlackRock Nifty 50 Index | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −6.6% | −7.1% | −11.8% | −0.4% | 0% |
| UTI Value | 84.4 | 15.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −4.6% | −4.8% | −10.3% | 1.7% | 0% |
| Nifty 500 TRI | 68.9 | 26.7 | 4.4 | 0.0 | 0.0 | 0.0 | 0.0 | −1.8% | −2.0% | −9.0% | 5.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 22-08-2025. Past returns do not promise future returns.
JioBlackRock Nifty 50 Index vs UTI Value: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 22-08-2025 to 30-10-2026: 15 instalments, ₹1,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| JioBlackRock Nifty 50 IndexJioBlackRock Nifty 50 Index Fund (Direct) | ₹1,50,000 | ₹1,42,274 | −₹7,726 | −7.8% |
| UTI ValueUTI Value Fund (Direct) | ₹1,50,000 | ₹1,42,759 | −₹7,241 | −7.3% |
JioBlackRock Nifty 50 IndexJioBlackRock Nifty 50 Index Fund (Direct)
UTI ValueUTI Value Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
JioBlackRock Nifty 50 Index vs UTI Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | JioBlackRock Nifty 50 Index Fund (Direct) | UTI Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.07% | −9.06% |
| Standard deviation | 13.62% | 13.51% |
| Sharpe ratio | -1.12 | -1.06 |
| Sortino ratio | -1.50 | -1.40 |
| Maximum drawdown | −15.1% (30-03-2026) | −15.3% (31-03-2026) |
| Beta | 0.91 | 0.92 |
| Alpha | −3.83% | −2.77% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | JioBlackRock Nifty 50 Index Fund (Direct) | UTI Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −5.42% | +12.86% |
| Standard deviation | 12.90% | 15.09% |
| Sharpe ratio | -0.83 | 0.45 |
| Sortino ratio | -1.12 | 0.61 |
| Maximum drawdown | −15.1% (30-03-2026) | −36.7% (23-03-2020) |
| Beta | 0.91 | 0.93 |
| Alpha | −2.94% | +0.53% |
From daily NAVs, 22-08-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
JioBlackRock Nifty 50 Index Fund (Direct)
UTI Value Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| JioBlackRock Nifty 50 Index Fund (Direct) | −15.1% | 02-01-2026 | 30-03-2026 | Not yet | -- | −11.6% |
| UTI Value Fund (Direct) | −15.3% | 02-01-2026 | 31-03-2026 | Not yet | -- | −10.7% |
| Nifty 500 TRI | −14.7% | 02-01-2026 | 30-03-2026 | Not yet | -- | −8.4% |
From daily values since 22-08-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
JioBlackRock Nifty 50 Index Fund (Direct)
UTI Value Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| JioBlackRock Nifty 50 Index Fund (Direct) | 79% | 95% | 4.48% |
| UTI Value Fund (Direct) | 86% | 99% | 2.66% |
From month-end values since 22-08-2025. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
JioBlackRock Nifty 50 Index vs UTI Value: Portfolio Overlap
From each fund's latest monthly portfolio: JioBlackRock Nifty 50 Index Fund, September 2026; UTI Value Fund, September 2026
Holdings in common
- Overlap
- 53.5%
- Held by both
- 26
- Only in JioBlackRock Nifty 50 Index
- 24
- Only in UTI Value
- 38
| Security | % of JioBlackRock Nifty 50 Index | % of UTI Value |
|---|---|---|
| HDFC Bank Ltd | 10.40% | 7.97% |
| ICICI Bank Ltd | 9.07% | 6.26% |
| Bharti Airtel Ltd | 5.12% | 4.23% |
| Axis Bank Ltd | 3.38% | 3.94% |
| State Bank of India | 3.80% | 3.30% |
| Infosys Ltd | 3.36% | 3.19% |
| Kotak Mahindra Bank Ltd | 2.94% | 4.16% |
| Mahindra & Mahindra Ltd | 2.52% | 2.99% |
| Reliance Industries Ltd | 7.60% | 2.50% |
| Maruti Suzuki India Ltd | 1.49% | 1.86% |
| Tata Steel Ltd | 1.46% | 1.63% |
| Larsen & Toubro Ltd | 4.22% | 1.41% |
| Sun Pharmaceutical Industries Ltd | 1.84% | 1.41% |
| Power Grid Corporation of India Ltd | 1.13% | 1.88% |
| Bharat Electronics Ltd | 1.33% | 1.08% |
| NTPC Ltd | 1.47% | 1.07% |
| ITC Ltd | 2.43% | 1.02% |
| Coal India Ltd | 0.98% | 1.37% |
| Eicher Motors Ltd | 0.94% | 1.39% |
| Adani Enterprises Ltd | 0.94% | 1.01% |
| Tech Mahindra Ltd | 0.93% | 2.58% |
| Oil & Natural Gas Corporation Ltd | 0.84% | 1.00% |
| Cipla Ltd | 0.73% | 1.72% |
| Dr. Reddy's Laboratories Ltd | 0.72% | 0.66% |
| Tata Motors Passenger Vehicles Ltd | 0.57% | 0.94% |
| HDFC Life Insurance Co Ltd | 0.54% | 1.16% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 53.5% means 53.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in JioBlackRock Nifty 50 Index Fund
| Security | % of fund |
|---|---|
| Bajaj Finance Ltd | 2.51% |
| Eternal Ltd | 2.22% |
| Tata Consultancy Services Ltd | 2.01% |
| Titan Co Ltd | 1.82% |
| Hindustan Unilever Ltd | 1.60% |
Largest holdings only in UTI Value Fund
| Security | % of fund |
|---|---|
| EQ - PHOENIX MILLS LTD | 1.82% |
| EQ - INDUSIND BANK | 1.72% |
| EQ - MPHASIS LTD | 1.61% |
| EQ - MAHINDRA & MAHINDRA FINANCIAL | 1.48% |
| EQ - BRIGADE ENTERPRISES LTD. | 1.46% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | JioBlackRock Nifty 50 Index | UTI Value |
|---|---|---|
| Equity | 100.3% | 99.3% |
| Debt | 0.0% | 0.3% |
| Cash and others | -0.3% | 0.4% |
Market cap of stocks
| Market cap | JioBlackRock Nifty 50 Index | UTI Value |
|---|---|---|
| Large Cap | 98.9% | 65.6% |
| Mid Cap | 1.4% | 18.3% |
| Small Cap | 0.0% | 15.5% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | JioBlackRock Nifty 50 Index | UTI Value |
|---|---|---|
| Banks | 29.6% | 28.1% |
| IT - Software | 7.5% | 8.3% |
| Automobiles | 6.7% | 8.0% |
| Petroleum Products | 7.6% | 2.5% |
| Pharmaceuticals & Biotechnology | 3.3% | 6.6% |
| Finance | 5.5% | 1.5% |
| Telecom - Services | 5.1% | 4.2% |
| Realty | 0.0% | 4.5% |
The six largest sectors of each fund's stocks, % of the fund.
JioBlackRock Nifty 50 Index vs UTI Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | JioBlackRock Nifty 50 Index Fund | UTI Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.22% | 1.35% |
| Base expense ratio (Direct) | 0.09% | 1.05% |
| Total expense ratio (Regular) | 0.66% | 1.87% |
| Base expense ratio (Regular) | 0.42% | 1.51% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
JioBlackRock Nifty 50 Index Fund vs UTI Value Fund: Frequently Asked Questions
What is the difference between JioBlackRock Nifty 50 Index Fund and UTI Value Fund?
JioBlackRock Nifty 50 Index Fund is an Index fund, UTI Value Fund is a Value and Contra fund, run by Jio BlackRock Mutual Fund and UTI Mutual Fund. Their portfolios overlap 53.5%. JioBlackRock Nifty 50 Index Fund charges 0.22% a year and UTI Value Fund 1.35%.
Which has given higher returns, JioBlackRock Nifty 50 Index Fund or UTI Value Fund?
Over 1 year: JioBlackRock Nifty 50 Index Fund −10.07%, UTI Value Fund −9.06%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, JioBlackRock Nifty 50 Index Fund or UTI Value Fund?
JioBlackRock Nifty 50 Index Fund charges less: 0.22% a year against 1.35%. These are the Direct plans' total expense ratios reported to AMFI.
How much do JioBlackRock Nifty 50 Index Fund and UTI Value Fund overlap?
53.5%. They hold 26 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, JioBlackRock Nifty 50 Index Fund or UTI Value Fund?
On SEBI's riskometer, JioBlackRock Nifty 50 Index Fund is rated Very High and UTI Value Fund Very High. Over 1 years, the standard deviation of daily returns was 13.62% and 13.51% a year.
Can I invest in both JioBlackRock Nifty 50 Index Fund and UTI Value Fund?
Yes. 53.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages JioBlackRock Nifty 50 Index Fund and UTI Value Fund?
JioBlackRock Nifty 50 Index Fund: Tanvi Kacheria, Anand Shah, Haresh Mehta. UTI Value Fund: Amit Premchandani FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.