UTI BSE Sensex ETF

About UTI Sensex ETF

• The UTI Sensex ETF is an open-ended fund offered by UTI Mutual Fund House.
• The ETF invests in top companies listed on the BSE.
• It was launched on September 1, 2015.
• The ETF has assets under management (AUM) at ₹45,161.1 crore as of July 31, 2024.
• Ayush Jain has been the fund manager of UTI Sensex ETF since its inception.
• The ETF units are listed on both NSE and BSE. One can invest by buying units through a broker.
• Retail investors can buy the ETF units directly from a demat account with a registered broker.

Investment Objective & Benchmark

• The investment objective is to deliver returns that closely match the total returns of the securities represented by the underlying index.
• UTI Sensex ETF is benchmarked against the BSE Sensex Index, which typically includes 50 of the most liquid and large stocks listed on the stock exchange of India.
• The index is usually calculated using the free-float market capitalisation method, which considers only the shares available for trading when determining the index value.
• The risk level profile of the UTI Sensex ETF is very high.
• It is suitable for long-term wealth creation goals.
• The portfolio includes a mix of large-cap and mid-cap companies that are market leaders.
• UTI Sensex ETF offers diversification of funds in companies from across sectors thus limiting investors’ exposure to sectoral risks.

Asset Allocation & Portfolio Composition

• The ETF holds 99.75% of its fund in equity and 0.25% in cash.
• UTI Sensex ETF predominately invests in large and giant gap companies allocating them 90% of the funds. The remaining is allocated

Sector-wise fund allocation in ETF comprises:

• Financial Services: 35.92%
• Information Technology: 14.86%
• Oil, Gas & Consumer Goods: 10.88%
• Fast Moving Consumer Goods: 8.4%
• Automobiles and Auto Components: 6.77%

The top 10 holdings constitute 65.92% of the ETF’s asset allocation.

The top 10 holdings of UTI Sensex ETF include:

• HDFC Bank: 13%
• Reliance Industries: 10.88%
• ICICI Bank: 9.12%
• Infosys: 7.21%
• ITC: 4.88%
• Larsen & Toubro Limited: 4.76%
• TCS: 4.74%
• Bharti Airtel: 4.25%
• SBI: 3.58%
• Axis Bank: 3.5%

In the last one year, the ETF has given a return of 24.33% compared to its benchmarked index which has given a return of 24.45% as of July 31, 2024.

Since its Inception, UTI Sensex ETF has given an annualised return of 15.18% to its investors.