UTI BSE Sensex Index Fund Direct Growth

Equity
Direct
Index Funds
UTI BSE Sensex Index Fund Direct Growth

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

  1. UTI BSE Sensex Index Fund Direct Growth has ₹169 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

UTI BSE Sensex Index Fund Direct Growth has given a CAGR return of 13.78% since inception. Over the last 1 year the fund has given a CAGR return of 23.37%.

Holdings

UTI BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Cyclical, Consumer Defensive, Basic Materials, Industrial, Communication, Utilities, Health. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro 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 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 5000.00 and for SIP is INR 500.00. UTI BSE Sensex Index Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
227 people have invested ₹ 9.3L in UTI BSE Sensex Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio
Expense ratio
0.2%
Benchmark
Benchmark
S&P BSE SENSEX TR INR
AUM
AUM
₹169 Cr
Inception Date
Inception Date
31 January, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
37.56%

Fund Distribution
as on (30-Apr-24)

  • Equity 99.6%

  • Debt & Cash 0.4%

Large cap
99.6%

Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
37.8%
Tech
13.9%
Energy
11.9%
Consumer Cyclical
8.4%
Consumer Defensive
8.2%
Basic Materials
5.4%
Industrial
5%
Communication
3.9%
Utilities
3.6%
Health
1.9%
All changes are between Feb'24 and Apr'24

Returns for the month of Apr

  • Gainers

  • Losers

Sharwan Kumar Goyal
Sharwan Kumar Goyal
Fund Manager of UTI BSE Sensex Index Fund Direct Growth, since 31 January 2022

UTI BSE Sensex 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 13.78% since inception which is less than its category average return of 21.28%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.64% in Equity, 0% in Debt and 0.36% in Cash related instruments
AUM size ₹169 Cr

AUM size ₹169 Cr

This fund has AUM of ₹169 Cr which is less than its category average of ₹ 733 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of UTI BSE Sensex Index Fund Direct Growth is ₹13.6 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
UTI BSE Sensex Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.68%
5.68%
6 Month Returns
10.68%
10.68%
1 Year Returns
23.37%
23.37%
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.
0.2% as on May 2024
₹169 Cr as on May 2024
HDFC Bank Ltd(13.69%), Reliance Industries Ltd(11.62%), ICICI Bank Ltd(9.25%), Infosys Ltd(5.91%), Larsen & Toubro Ltd(5.1%) as on May 2024
Financial Services(37.69%), Tech(13.61%), Energy(11.62%) as on May 2024
The alpha ratio for the UTI BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
UTI BSE Sensex Index Fund Direct Growth
-0.23
-
-
As on May 2024
The alpha for UTI BSE Sensex Index Fund Direct Growth is calculated against S&P BSE SENSEX 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 Sensex Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
UTI BSE Sensex Index Fund Direct Growth
1
-
-
As on May 2024
The Beta for UTI BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX 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 Sensex 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 Sensex Index Fund Direct Growth
1.1
-
-
As on May 2024
The sharpe ratio for UTI BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX 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 Sensex 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 Sensex Index Fund Direct Growth
10.45
-
-
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 Sensex Index Fund Direct Growth
The Exit load of UTI BSE Sensex Index Fund Direct Growth is 0%