- Invested amount is the amount entered for either Monthly SIP and Lumpsum for the duration selected
- For lumpsum and monthly SIP investments returns are compounded annualized. 1 Year is assumed as 365 days.
- Dividends declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's dividend plans.
- Worth of investment: Performance is compared against the latest benchmark of the scheme irrespective of the date of change of scheme's benchmark, if any.
- The start day for SIP investments is considered as 1st of every month
- For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied.
- Gold prices are available post 29 JAN, 2005 are based on daily closing values on MCX.
- PPF interest rate is assumed at 8.7% p.a. interest received is compounded monthly for the returns illustration in the charts.
- Dividend payouts reinvestment in scheme is not considered for the purpose of calculation of returns and graphical representation.
|This Scheme||BSE 100||Fixed Deposit||Gold||PPF|
|Period||Fund Performance Vs Benchmark (CAGR)||Growth for Rs 10,000 /-|
|NAV (%)||NAV (Rs)|
"Different plans have a different expense structure. The performance details provided herein are of Regular plan." * CAGR - Compounded annualized Growth Rate
Frequently asked questions
What is UTI Sensex Index Fund?
UTI Sensex Index Fund is an index fund which invests in the companies that are part of the S&P BSE Sensex Index in the same weightage as in the index. The objective of this fund 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 achieve
What is the S&P BSE Sensex index?
The S&P BSE Sensex index is India’s oldest and most tracked index and is designed to measure the performance of the 30 largest, most liquid and financially sound companies across key sectors of the economy that are listed on BSE ltd.
The S&P BSE Sensex Index captures 45%# of total market capitalization of all listed companies
What are the top 10 companies in the S&P BSE Sensex index?
The top 10 companies in the S&P BSE Sensex index as of Dec 31, 2021
Sr. no Stock Name Weight 1 RELIANCE INDUSTRIES LTD. 12.42% 2 INFOSYS LTD. 10.51% 3 HDFC BANK LIMITED 9.85% 4 ICICI BANK LTD 7.81% 5 HDFC LTD. 7.11% 6 TATA CONSULTANCY SERVICES LTD. 5.89% 7 KOTAK MAHINDRA BANK LTD. 3.58% 8 LARSEN & TOUBRO LTD. 3.48% 9 HINDUSTAN UNILEVER LTD 3.20% 10 ITC LTD. 2.90% Total 66.75%
What is the tax liability on gains arising out of investing in UTI Sensex Index Fund?
All equity oriented mutual funds including equity index funds attract taxation of Indian equity investments, i.e. equity taxation. We recommend investors to consult their tax advisors before engaging in any transaction.
What happens to the dividend paid out by the underlying stocks of S&P Sensex Index?
Dividends paid by underlying companies are factored in the Index and hence the return of the Fund is comparable with S&P BSE Sensex Total Return index (Price Index + Dividend Yield)
What is tracking error in an index fund strategy.
Tracking errors refer to the difference between the actual returns of the fund and the returns of the underlying benchmark index. Tracking error is computed using standard deviation of difference of returns between the scheme and the benchmark on a daily rolling basis expressed in % terms.
What are the possible reasons for Tracking Errors?
Though an index fund mimics the performance of a benchmark index, there are chances of tracking errors because of the below mentioned reasons: • Expenditure incurred by the Funds • The funds may not be invested at all times as it may keep a portion of the funds in cash to meet redemptions or for corporate actions of securities in the index. • Any delay experienced in the purchase or sale of shares due to illiquidity of the market, • The underlying index reflects the prices of securities at close of business hours. However, the Fund may buy or sell the securities at different points of time during the trading session at the then prevailing prices which may not correspond to the closing prices on the exchange. • The holding of a cash position and accrued income prior to distribution and accrued expenses. • Disinvestments to meet redemptions, recurring expenses, dividend payouts etc. • Reconstitution and Rebalancing of the underlying index
What is the total expense ratio of the fund?
The proposed total expense ratio of the fund will be 20 bps p.a. for the direct plan and for regular plan 30 bps p.a.
Why invest in UTI Index Fund?
•Experience: UTI AMC comes with an experience of managing index fund for over 2 decades. • Scale: UTI AMC is the largest asset manager in the index fund category* •Track Record : The existing UTI Index Funds have a track record of managing lowest tracking error in the industry across time frames* • Systems and Process : As a result of experience and scale in the category, UTI AMC developed appropriate systems and process which is being reflected in its track record of low tracking error. •Expenses : UTI AMC have track record of maintaining competitive expense*
*Source - MFI
Why invest in Sensex Index Fund?
Investing in UTI Sensex Index Fund gives an edge owing to investment processes, experienced fund management and benefit from the growth opportunities of 30 largest and most liquid companies in the listed universe of BSE.
•Growth Opportunity:: Capitalise on growth of basket of blue-chip companies’ in a disciplined manner. •Portfolio Diversification: A well-diversified portfolio of large and established companies representing key sectors of the economy •Risk Mitigation: : Universe of Large Cap stocks •Investment Approach: : Pure replication/tracking of the underlying index
Who should invest in UTI Sensex Index Fund?
The UTI Sensex Index will be a low-cost index Fund which tracks the S&P BSE Sensex Index passively. The scheme will endeavor to achieve return equivalent to underlying index while minimizing tracking error. The scheme is suitable for:
•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 •Preferably for investment with a time horizon of 5 years or above •Investors look for simple yet cost effective investment option