What is UTI Sensex Index Fund?
UTI Sensex Index Fund is a low-cost index Fund which tracks the S&P BSE Sensex Index passively. The scheme endeavors to achieve return equivalent to underlying index while minimizing tracking error.
Why Invest in S&P BSE Sensex Index?
It measures the performance of 30 large and liquid companies across key sectors@
It captures 45%# of total market capitalization of all listed companies.
It is less volatile as compared to Mid and Small cap indices
Investing in well diversified portfolio across multiple sectors of 30 stocks.$
To be a participant of investing in the long-term India growth story by investing in well diversified and most liquid portfolio of Large – Cap companies.
Why UTI Sensex Index Fund?
UTI AMC has an experience of over 2 decades in managing passive funds. It is one of the leading investment manager (in terms of AUM) in the Index Fund/ETF category.
UTI AMC with its existing bouquet of Index Fund/ETFs has maintained an excellent Track record of managing tracking error as one of the lowest in the industry.$
UTI Sensex Index Fund will offer exposure to diversified portfolio of 30 largest, most liquid and financially sound companies across key sectors of the Indian economy
UTI Sensex Index Fund will aim to offer an opportunity to capitalise on growth of basket of blue-chip companies’ in a disciplined manner.
Who may invest in UTI Sensex Index Fund?
- Investors looking to have a passive management strategy in their core equity portfolio
- Investors looking to capitalise on growth of basket of blue-chip companies’ in a disciplined manner
- Ideal for investment with a time horizon of preferably, 5 years or above
The 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.
Type of scheme
An open-ended scheme replicating/tracking S&P BSE Sensex Total Return Index (TRI).
S&P BSE Sensex TRI#
Regular Plan and Direct Plan – Both Plan offers Growth Option Only
Entry Load and Exit Load: NIL
Minimum Application Amount
Minimum initial investment is ₹. 5,000/- and in multiples of ₹. 1/- thereafter. Subsequent minimum investment under a folio is ₹.1,000/- and in multiples of ₹. 1/- thereafter with no upper limit.
Market Cap Exposure*
Large Cap – 100%, Mid Cap – Nil, Small Cap – Nil
* As on December 31, 2021. # – Please refer to slide about index in product presentation $– As per the Index construction methodology given by AIPL(Asia Index Pvt. Ltd) @ - As per the factsheet of the index provided by AIPL