UTI BSE Housing Index Fund Direct Growth

Equity
Direct
Index Funds
UTI BSE Housing Index Fund Direct Growth

About the Fund

UTI BSE Housing Index Fund Direct Growth is an equity fund. This fund was started on 7 June, 2023. The fund is managed by Sharwan Kumar Goyal. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. UTI BSE Housing Index Fund Direct Growth has ₹21 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

UTI BSE Housing Index Fund Direct Growth has given a CAGR return of 55.93% since inception. Over the last 1 year the fund has given a CAGR return of 53.80%.

Holdings

UTI BSE Housing Index Fund Direct Growth has allocated its funds majorly in Basic Materials, Industrial, Real Estate, Consumer Cyclical, Tech, Financial Services. Its top holdings are Havells India Ltd, Supreme Industries Ltd, Macrotech Developers Ltd, Godrej Properties Ltd, Voltas 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of UTI BSE Housing Index Fund Direct Growth

The Investment objective of the Scheme is to provide returns that, before expenses, corresponds to the total return 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 5000.00 and for SIP is INR 500.00. UTI BSE Housing Index Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
152 people have invested ₹ 11.7L in UTI BSE Housing Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.58%
Benchmark
BSE Housing TR INR
AUM₹21 Cr
Inception Date7 June, 2023
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 100%

Mid cap
48.7%

Large cap
44.6%

Small cap
7.1%

Sector Allocation

May'24

Apr'24

Mar'24

Basic Materials
34.6%
Industrial
26.5%
Real Estate
25.7%
Consumer Cyclical
5.4%
Tech
4.8%
Financial Services
3%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Sharwan Kumar Goyal
Sharwan Kumar Goyal
Fund Manager of UTI BSE Housing Index Fund Direct Growth, since 7 June 2023

UTI BSE Housing Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 55.93% since inception which is more than its category average return of 22.01%
Fund Allocations

Fund Allocations

This fund has an allocation of 100.35% in Equity, 0% in Debt and -0.35% in Cash related instruments
AUM size ₹21 Cr

AUM size ₹21 Cr

This fund has AUM of ₹21 Cr which is less than its category average of ₹ 752 Cr
Expense Ratio 0.58%

Expense Ratio 0.58%

This fund has an expense ratio of 0.58% which is more than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of UTI BSE Housing Index Fund Direct Growth is ₹15.74 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
UTI BSE Housing Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
13.72%
13.72%
6 Month Returns
26.36%
26.36%
1 Year Returns
53.8%
53.8%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.58% as on May 2024
₹21 Cr as on May 2024
Havells India Ltd(5.7%), Supreme Industries Ltd(5.42%), Macrotech Developers Ltd(5.21%), Godrej Properties Ltd(5.01%), Voltas Ltd(4.98%) as on May 2024
Basic Materials(34.7%), Industrial(26.59%), Real Estate(25.79%) as on May 2024
The alpha ratio for the UTI BSE Housing Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
UTI BSE Housing Index Fund Direct Growth
-
-
-
As on May 2024
The alpha for UTI BSE Housing Index Fund Direct Growth is calculated against BSE Housing TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the UTI BSE Housing Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
UTI BSE Housing Index Fund Direct Growth
-
-
-
As on May 2024
The Beta for UTI BSE Housing Index Fund Direct Growth is calculated with BSE Housing TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the UTI BSE Housing Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
UTI BSE Housing Index Fund Direct Growth
-
-
-
As on May 2024
The sharpe ratio for UTI BSE Housing Index Fund Direct Growth is calculated with BSE Housing TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the UTI BSE Housing Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
UTI BSE Housing Index Fund Direct Growth
-
-
-
As on May 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sharwan Kumar Goyal is the fund manager of UTI BSE Housing Index Fund Direct Growth
The Exit load of UTI BSE Housing Index Fund Direct Growth is 0%