Is UTI Nifty Midcap 150 ETF Units Exchange Traded Fund a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes UTI Nifty Midcap 150 ETF Units Exchange Traded Fund using these criteria to determine its compliance status.

How often is the Shariah compliance for UTI Nifty Midcap 150 ETF Units Exchange Traded Fund updated?

The Shariah compliance status of UTI Nifty Midcap 150 ETF Units Exchange Traded Fund may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Where can I check the Shariah status of UTI Nifty Midcap 150 ETF Units Exchange Traded Fund?

You can check the latest Shariah compliance status of UTI Nifty Midcap 150 ETF Units Exchange Traded Fund on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

UTI Nifty Midcap 150 ETF Units Exchange Traded Fund 543975.BO

Is UTI Nifty Midcap 150 ETF Units Exchange Traded Fund Halal?

Q: Can a halal ETF like UTI Nifty Midcap 150 ETF Units Exchange Traded Fund become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Shariah Compliance Analysis of 543975.BO ETF

No. As of October 2026, UTI Nifty Midcap 150 ETF Units Exchange Traded Fund (543975.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

543975.BO was created on 2023-08-30 by UTI. The fund's investment portfolio concentrates primarily on mid cap equity. The ETF currently has 136.11m in AUM and 151 holdings. The investment objective of the scheme is to provide returns that, before expenses, corresponds to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

543975.BO Shariah Compliance

As of October 2026, UTI Nifty Midcap 150 ETF Units Exchange Traded Fund is classified as not halal.

NOT HALAL

UTI Nifty Midcap 150 ETF Units Exchange Traded Fund (543975.BO) Chart

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