UTI S&P BSE Housing Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 13.92 as on 03-05-2024
About the Fund
UTI S&P 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
- UTI S&P BSE Housing Index Fund Direct Growth has ₹18 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Fund Performance
94 people have invested ₹ 3.2L in UTI S&P BSE Housing Index Fund Direct Growth in the last three months
Overview
 | 0.56% |
 Benchmark | S&P BSE Housing |
 | ₹18 Cr |
 | 7 June, 2023 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 0% |
UTI S&P BSE Housing Index Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Mid cap
62.4%
Large cap
37.6%
Sector Allocation
Basic Materials
39.2%
Real Estate
24.7%
Industrial
24.3%
Consumer Cyclical
4.3%
Tech
4.2%
Financial Services
3.2%
Top Holdings of UTI S&P BSE Housing Index Fund Direct Growth as on (30-Apr-24)
Equity Holdings27
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
Voltas Ltd | 22.5% |
 Supreme Industries Ltd | 18.2% |
 Crompton Greaves Consumer Electricals Ltd | 16% |
Top Losers | 1M Return |
|---|---|
 Berger Paints India Ltd | -6.3% |
 DLF Ltd | -1.1% |
 Shree Cement Ltd | -0.6% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.93% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.05% as on Mar'24
- This fund underperformed Nifty 50 by 0.88% in Mar'24
AUM Change
- AUM of the fund stands at 18.6 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Sharwan Kumar Goyal
Fund Manager of UTI S&P BSE Housing Index Fund Direct Growth, since 7 June 2023
Top funds managed
UTI S&P BSE Housing Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered returns of 39.23% since inception (07nd Jun 2023)
Fund Allocations
This fund has an allocation of 100% in Equity, 0% in Debt and -0% in Cash related instruments
AUM size ₹18 Cr
This fund has AUM of ₹18 Cr which is less than its category average of ₹ 669 Cr
Expense Ratio 0.56%
This fund has an expense ratio of 0.56% which is more than its category average expense ratio of 0.5%
Frequently Asked Questions
The current NAV of UTI S&P BSE Housing Index Fund Direct Growth is ₹13.92 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
UTI S&P BSE Housing Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.98% | 3.98% |
6 Month Returns | 25.71% | 25.71% |
1 Year Returns | 0% | 0% |
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.
0.56% as on April 2024
₹18 Cr as on April 2024
Ambuja Cements Ltd(5.14%), Grasim Industries Ltd(5.14%), UltraTech Cement Ltd(5.08%), Asian Paints Ltd(5.06%), Havells India Ltd(5.02%) as on April 2024
Basic Materials(39.23%), Real Estate(24.72%), Industrial(24.26%) as on April 2024
The alpha ratio for the UTI S&P BSE Housing Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI S&P BSE Housing Index Fund Direct Growth | - | - | - |
As on April 2024
The alpha for UTI S&P BSE Housing Index Fund Direct Growth is calculated against S&P BSE Housing. 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 S&P BSE Housing Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI S&P BSE Housing Index Fund Direct Growth | - | - | - |
As on April 2024
The Beta for UTI S&P BSE Housing Index Fund Direct Growth is calculated with S&P BSE Housing. 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 S&P 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 S&P BSE Housing Index Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for UTI S&P BSE Housing Index Fund Direct Growth is calculated with S&P BSE Housing. 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 S&P 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 S&P BSE Housing Index Fund Direct Growth | - | - | - |
As on April 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 S&P BSE Housing Index Fund Direct Growth
The Exit load of UTI S&P BSE Housing Index Fund Direct Growth is 0%