NRI from all over the world (including U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

UTI BSE Sensex Index Fund Growth for NRI [14.24]

Min Investment

5,000

Fund Size

168.31 Cr

Expense Ratio

0.3%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

14.24

0.78%

NAV as on 14 Jul 24, 12:00 AM

very high risk

index funds

equity

NAV as on 14 Jul 24, 12:00 AM

very high risk

index funds

equity

24.31%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

14.89%p.a.

Since Inception

About UTI BSE Sensex Index Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the UTI BSE Sensex Index Fund Growth scheme from UTI Asset Management Co Ltd. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Jan 2022, UTI BSE Sensex Index Fund Growth is Index Funds fund of its category with 168.31 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.

  • UTI BSE Sensex Index Fund Growth delivered 24.3% annual returns during the last year. It has delivered 14.9% average annual returns since the fund was launched.
  • UTI BSE Sensex Index Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

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.

Top 10 Holdings

HDFC Bank Ltd

13.69%

Reliance Industries Ltd

11.62%

ICICI Bank Ltd

9.25%

Infosys Ltd

5.91%

Larsen & Toubro Ltd

5.10%

ITC Ltd

4.70%

Tata Consultancy Services Ltd

4.43%

Bharti Airtel Ltd

4.09%

Axis Bank Ltd

3.88%

State Bank of India

3.75%

Fund Managers

  1. Sharwan Kumar Goyal (Jan 2022 - Present)
  2. Ayush Jain (May 2022 - Present)

Key Information

View Scheme Document

UTI BSE Sensex Index Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on UTI BSE Sensex Index Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in UTI BSE Sensex Index Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in UTI BSE Sensex Index Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions