Alpha

One fund. Two game plans.

UTI Nifty Alpha Low-Volatility 30 Index Fund

Low-Volatility

NFO Opens November 11, 2024 | NFO Closes November 25, 2024

Factor Based Investing

An investment strategy that involves selection of stocks based on a certain set of factors or attributes to improve
portfolio outcomes, reduce volatility and enhance diversication.

Momentum Low Volatility Alpha Quality Value

Invest in Invest in relatively Invest in Invest in relatively Invest in
companies with stable companies companies with quality businesses companies which
high momentum high alpha are trading below
potential Intrinsic value

Combination of Factors for better investing approach

While single factor investing also has potential to generate better returns than broad markets,
they may exhibit cyclicality and underperform during certain market condition

A solution to that is Combination of Factors which leads to

Takes multiple factors such as alpha, volatility, quality, etc.

Volatility
into consideration

Enhanced diversification Alpha

Value

Provides alpha generating opportunity with reduced volatility

Quality
 Multi-factor offers benet over Single Factors
Index Risk
CAGR % Annualised
Volatility Adjusted
Returns

Nifty 100 TRI 15.10% 21.10% 0.72 Broad Market

NIFTY 100 Alpha 30 TRI 17.70% 22.30% 0.79

Single factors
Nifty 100 Low Volatility 30 TRI 18.40% 17.10% 1.07

NIFTY Alpha Low Volatility 30 TRI 20.20% 17.50% 1.16 Multiple Factor

In Long term, Alpha Low Vol has delivered

• Higher Return than broad Index as well as Alpha & Low Volatility
• Lower Volatility than broad index Alpha and slightly higher than Low Volatility
• Better Risk-Adjusted Returns than broad Index as well as Alpha & Low Volatility

Source : MFI, NIFTY Indices Ltd as on Oct 31, 2024, based on Total Returns Index. Period is April 01, 2005 to Oct 31, 2024. Past performance may or may not be sustained in the future
and shall not be used for comparison with other investments. The gures pertain to performance of the index and do not indicate the returns/performance of the scheme. It is not possible
to invest directly in Index

Presenting

Nifty Alpha Low-Volatility 30 Index

A multi-factor index combining Alpha & Low-Volatility in one Index

Index Construction Approach

Universe Filter Selection Weights Rebalancing

Components of Only derivative eligible Top 30 stocks Based on Composite Semi-annual
Nifty 100 Index stocks are eligible for based on (Alpha & Low Volatility) June & December
& the selection equal weighted Alpha + score, subject
Nifty Midcap 50 Index Low Vol factors to max weight of 5%

Product of NSE Indices Limited (a subsidiary of National Stock Exchange of India (NSE) Limited). Source: Index Methodology Document. Above details are for simple understanding and
are subject to other criteria mentioned in methodology document.

Nifty Alpha Low-Volatility 30 Index

An Index portfolio of 30 stocks ( within top 150* companies) selected on the basis of

Alpha Low volatility

Selection (50%) (50%)

High Jensen’s Low Standard Potential for

Parameters Used Deviation of Growth
Alpha^ price returns and Stability
Low
Alpha Volatility
Period Considered Previous one Previous one
year prices year prices

Nifty Alpha Low Volatility 30 Index is the product of NSE Indices Limited (a subsidiary of National Stock Exchange of India (NSE) Limited).
*Top 150 Companies: Nifty 100 Index + Nifty Midcap 50 Index
^ Alpha calculation: s = rs – [rf + s ( rm - rf )]
as: Alpha of the stock
rs: Average of daily return of security during previous 12 months
rf : Average of daily 3 Month MIBOR rate during previous 12 months
rm : Average of daily return of index i.e. Nifty 50
bs : Beta of the security calculated based on previous 12 month period
 Nifty Alpha Low-Volatility 30 Index - Performance
Performance Consistency Across Market Cycles*

Performance Trend based on 1 year daily Rolling Returns over 19+ years

Average Returns % Alpha Over Nifty 100

Return Range No. of % of
Instances Instances N100 Alpha Low Vol Alpha Alpha Low Vol Alpha
Low Vol Low Vol
Less than -10% 413 9% -26.1 -26.4 -15.7 -19.2 -0.2 10.4 6.9

Between -10% to 0% 402 9% -4.2 -0.4 2.6 2.5 3.8 6.8 6.7

Between 0% to 10% 1021 22% 5.3 6 8.3 9.5 0.6 3 4.2

Between 10% to 20% 997 22% 14.4 18.6 15.9 20.3 4.1 1.5 5.8

Between 20% to 30% 584 13% 24.5 32.2 24.8 31.3 7.7 0.2 6.8

Above 30% 1191 26% 48.4 54.8 47 49.7 6.4 -1.4 1.3

Grand Total 4608

Alpha Low Vol delivered

• Better average returns than Alpha across negative to moderate return scenarios
• Better average returns than Low Vol across aggressive return scenarios
‘N100’ refers to Nifty 100 TRI, ‘Alpha’ refers to Nifty 100 Alpha 30 Index TRI, ‘Low Vol’ refers to Nifty 100 Low-Volatility 30 TRI, ‘Alpha Low Vol ’ refers to Nifty Alpha Low-Volatility 30 Index
Source : MFI, NIFTY Indices Ltd as on Oct 31, 2024, based on Total Returns Index. * FYTD – April 01, 2005 to Oct 31, 2024. Past performance may or may not be sustained in the future
and shall not be used for comparison with other investments. The gures pertain to performance of the index and do not indicate the returns/performance of the scheme. It is not possible
to invest directly in Index.

Returns - Daily Rolling over 19+ years

Performance Trend based on 1 year daily Rolling Returns over 19+ years

3 Years Rolling Returns – 4103 Observations 5 Years Rolling Returns – 3616 Observations

N100 Alpha Low Alpha N100 Alpha Low Alpha

Vol Low-Vol Vol Low-Vol

Average Returns % 12.72 14.71 15.71 17.36 Average Returns % 12.56 15.13 15.73 17.73

Median Returns % 12.91 17 15.34 16.75 Median Returns % 13.14 16.31 15.7 18.31

Annualised Std Dev. 6.87 10.1 6.07 7.97 Annualised Std Dev. 4.64 6.9 4.02 5.64

% of times outperforming 74% 82% 76% % of times outperforming 71.80% 96.90% 88.40%
Nifty 100 Nifty 100
Average 5.42 3.81 6.67 Average 5.12 3.28 5.94
Outperformance % Outperformance %
Average -8.14 -0.86 -2.1 Average -3.93 -0.26 -0.76
Underperformance % Underperformance %

Key Takeaways

Alpha Low-Vol has Alpha Low has outperformed N100:

• Delivered a better average return • 77% times in a 3 year period, and,
• At a relatively lower standard deviation • 88% times in a 5 year period
• Thus, a better risk adjusted returns against both Alpha & Low

‘N100’ refers to Nifty 100 TRI, ‘Alpha’ refers to Nifty 100 Alpha 30 Index TRI, ‘Low Vol’ refers to Nifty 100 Low Volatility 30 TRI, ‘Alpha Low-Vol ’ refers to Nifty Alpha Low-Volatility 30 Index
Source : MFI, NIFTY Indices Ltd as on Oct 31, 2024, based on Total Returns Index. Period: April 01, 2005 to October 31, 2024. Past performance may or may not be sustained in the future
and shall not be used for comparison with other investments. The gures pertain to performance of the index and do not indicate the returns/performance of the scheme. It is not possible
to invest directly in Index
 Presenting

UTI Nifty Alpha Low-Volatility 30 Index Fund

(An Open-ended scheme replicating/ tracking Nifty Alpha Low-Volatility 30 TRI)

Why UTI Nifty Alpha Low-Volatility 30 Index Fund?

Provides exposure to two Exposure to companies with Provides Alpha generation Builds style diversication in
factors in a single fund better growth potential and opportunity with reduced your portfolio
Stability Volatility

UTI Nifty Alpha Low-Volatility 30 Index Fund

Type of scheme Minimum Application Amount

An Open-ended scheme replicating/ Minimum initial investment is ` 1,000/- and in multiples
tracking Nifty Alpha Low-Volatility 30 TRI of ` 1/- thereafter.
Subsequent minimum investment under a folio is
` 1,000/- and in multiples of
Plans & Options ` 1/- thereafter with no upper limit.
Regular Plan and Direct Plan – Both For minimum SIP amount- refer to Scheme Information
Plan offers Growth Option Only Document

Market Cap Exposure*

Entry^ and Exit Load
Large Cap - 84%
NIL Mid Cap - 16%
Small Cap - Nil
*As on Oct 31, 2024
^ In terms of provision no. 10.4.1 a. of para 10.4 under Chapter 10 of SEBI Master Circular for Mutual Funds dated June 27, 2024, no entry load will be charged by the Scheme to the
investor effective August 1, 2009.

UTI Mutual Fund: Edge in the Index Fund Category

Experience
Managing Index Funds over 2 decades

Scale
One of the largest Asset Manager in the category with AuM
over INR 35,100 Crs across 15 funds

Track Record
One of the lowest Tracking Error & Tracking Difference across Time Frames

System & Processes

Efcient replication through adequate systems and processes

Cost Structure
Maintaining Competitive Expense Structure across Index Fund offerings

Source : MFI as on Oct 31, 2024.

NFO Opens November 11, 2024 | NFO Closes November 25, 2024

Product Label Fund Riskometer Benchmark Riskometer Distributed by:

UTI Nifty Alpha Low-Volatility 30 Index Fund
(An open-ended scheme replicating/tracking Nifty Alpha Low-Volatility 30 TRI)
Benchmark: Nifty Alpha Low-Volatility 30 TRI #
This product is suitable for investors who are seeking*:
Ÿ Returns that are commensurate with the performance of the Nifty Alpha Low-
Volatility 30 Index over long term, subject to tracking error.
Investors understand that their principal Benchmark riskometer is at
Ÿ Investment in securities covered by the Nifty Alpha Low-Volatility 30 Index will be at Very High Risk Very High Risk

* Investors should consult their financial advisers if in doubt about whether the UTI Nifty Alpha Low-Volatility 30 Benchmark : Nifty Alpha
product is suitable for them. Index Fund Low-Volatility 30 TRI #

Product labelling assigned during the New Fund Offer (NFO) is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when the
actual investments are made.
# Based on the Index Composition as on Oct 31, 2024.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.