UTI BSE Sensex Index Fund Direct Growth

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.

1. UTI BSE Sensex Index Fund Direct Growth has ₹199 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
2. The fund has an expense ratio 0.2.
   

UTI BSE Sensex Index Fund Direct Growth has given a CAGR return of 11.89% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 11.22% and 14.45% respectively.

UTI BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Cyclical, Consumer Defensive, Communication, Industrial, Basic Materials, Utilities, Health. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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 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.