UTI BSE Sensex Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 05-09-2024
₹ 14.61
1D
Inception Returns
15.8%
/yr
About the Fund
UTI BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 31 January, 2022. The fund is managed by Sharwan Kumar Goyal. The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI BSE Sensex Index Fund Direct Growth has ₹186 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
UTI BSE Sensex Index Fund Direct Growth has given a CAGR return of 15.82% since inception. Over the last 1 year the fund has given a CAGR return of 26.65%.
Holdings
UTI BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Defensive, Consumer Cyclical, Industrial, Basic Materials, Communication, Utilities, Health. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, ITC Ltd
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of UTI BSE Sensex Index Fund Direct Growth
The investment objective of the scheme is to provide returns that, before expenses, closely correspond 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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. UTI BSE Sensex Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.21% |
Benchmark | S&P BSE SENSEX TR INR |
| AUM | ₹186 Cr |
| Inception Date | 31 January, 2022 |
| Min Lumpsum/SIP | ₹1000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 18.2% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (31-Jul-24)
- This fund’s returns stands at 3.50% whereas the fund’s underlying benchmark Nifty 50 returns stands at 3.35% as on Jul'24
- This fund outperformed Nifty 50 by 0.14% in Jul'24
- AUM of the fund stands at 168.3 Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top 3 Sectors in July were Financial Services, Tech & Energy
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 12.99% | 0.7% | |
 Reliance Industries Ltd | 10.87% | 0.7% | |
 ICICI Bank Ltd | 9.11% | 0.7% | |
 Infosys Ltd | 7.2% | 0.7% | |
 ITC Ltd | 4.88% | 0.7% |
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 10.8% |
 Tata Consultancy Services Ltd | 8.6% |
 Bharti Airtel Ltd | 6.5% |
UTI BSE Sensex Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.21%
Frequently Asked Questions
UTI BSE Sensex Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.84% | 1.84% |
6 Month Returns | 12.29% | 12.29% |
1 Year Returns | 26.65% | 26.65% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI BSE Sensex Index Fund Direct Growth | -0.29 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI BSE Sensex Index Fund Direct Growth | 1 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI BSE Sensex Index Fund Direct Growth | 1.72 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI BSE Sensex Index Fund Direct Growth | 10.93 | - | - |