UTI BSE Sensex Next 50 ETF (UTISXN50.NS) is an exchange-traded fund managed by UTI Mutual Fund that seeks to replicate the performance of the BSE Sensex Next 50 Index, comprising 50 companies from the next largest and liquid stocks following the BSE Sensex 30 constituents; it offers investors exposure to mid-cap and large-cap equities in India through passive investment strategy, daily liquidity on the National Stock Exchange, low expense ratio, and dividend reinvestment options. The fund's primary products include units traded under the ticker UTISXN50.NS, with assets under management focused on diversified sectors such as financial services, consumer goods, information technology, energy, and industrials; it provides institutional and retail investors with benchmark-tracking returns, portfolio diversification, and rupee-denominated holdings without currency hedging. Launched in 2019 and domiciled in India with headquarters operations aligned to UTI Asset Management Company Ltd. in Mumbai, the ETF operates exclusively within the Indian securities market, targeting domestic equity investors seeking growth beyond frontline indices.
In the last 1-2 years, UTI Mutual Fund expanded its ETF lineup with enhanced tracking efficiency improvements and minor rebalancing to align with index methodology updates introduced by BSE in 2024; the fund benefited from a strategic alliance between UTI AMC and BSE Ltd. for improved index data integration, alongside a funding boost from UTI's parent sponsor UTI Trustee Company Pvt Ltd amid India's ETF market growth. No major acquisitions or name changes occurred, but operational enhancements included launch of SIP facilities for ETF units in late 2024 and increased AUM surpassing INR 500 crore by mid-2025 due to inflows from systematic investment plans and institutional mandates. The ETF maintains its focus on the Indian equity segment without subsidiaries or parent fund relationships beyond UTI Mutual Fund's oversight.