ReviewDirect · GrowthPrefer peers first
UTI BSE Sensex Index Fund
UTI Mutual FundIndex Funds - Equity Funds4.7 years
The scheme seeks 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
- NAV
- 13.4177
- 29 Oct 2026
- 1Y
- -12.1%
- Trailing CAGR
- AUM
- ₹183.82 Cr
- 30 Sept 2026
- Volatility
- Medium
- 13.7% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Prefer peers if · Prefer Axis BSE Sensex Index Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
4.7 years - usable, still building a track record.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
0.23% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -16.1%. Ask whether you can hold through a similar fall.
Vs category
Fail
0% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Lokesh Kulthia · 0.4 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 63.7% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 16%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-12.1%
- 3Y+6.1%
- 5Yn/a
- 10Yn/a
- SI+6.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-9.1%
- 3Y-1.7%
- 5Yn/a
- 10Yn/a
- Since inception
- +6.1%
- Calendar-day CAGR
- Excess 1Y
- -5.5%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 15
- Vs comparable share classes
- SIP 3Y XIRR
- -1.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +3.6%
- 429 daily-ending windows
- Median rolling 3Y
- +11.7%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -16.1%
- Worst peak-to-trough
- Current
- -12.9%
- Below last peak
- Current spell
- 300 days
- Days below latest peak
- Time below peak
- +92%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 16 days
- 44 recovered episodes
- Longest recovery
- 239 days
- Trough to prior peak
2 Jan 2026 – open
Trough 31 Mar 2026 · not recovered
-16.1%
26 Sept 2024 – 29 Oct 2025
Trough 4 Mar 2025 · recovered in 239 days
-14.8%
4 Apr 2022 – 17 Aug 2022
Trough 17 Jun 2022 · recovered in 61 days
-14.6%
2 Feb 2022 – 4 Apr 2022
Trough 7 Mar 2022 · recovered in 28 days
-11.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
15
Vs category
16
Consistency
17
Risk-adjusted
29
Drawdown
60
Mean
27
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
No supporting reads in the current evidence set.
Portfolio
30 Sept 2026 · 30 holdings · top 10 are 63.7%.
- Top 5
- 44.3%
- Top 10
- 63.7%
- Largest holding
- 12.6%
- Effective holdings
- 17.2
HDFC Bank Ltd
Financial
12.6%
ICICI Bank Ltd
Financial
11.0%
Reliance Industries Ltd
Energy & Utilities
9.2%
Bharti Airtel Ltd
Technology
6.4%
Larsen & Toubro Ltd
Industrials
5.1%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
28 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
27 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
26 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
22 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis BSE Sensex Index Fund
Axis Mutual Fund
- 1Y
- -11.9%
- 3Y
- n/a
- Vol
- 13.5%
- Max DD
- -16.0%
- Sharpe
- -0.23
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Aditya Birla Sun Life BSE 500 Quality 50 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -3.9%
- 3Y
- n/a
- Vol
- 13.6%
- Max DD
- -11.4%
- Sharpe
- -0.31
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Aditya Birla Sun Life Nifty 50 Equal Weight index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -6.1%
- 3Y
- +11.1%
- Vol
- 13.7%
- Max DD
- -18.0%
- Sharpe
- 0.45
- 3Y win
- +28%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
Aditya Birla Sun Life Nifty Midcap 150 Index Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -4.0%
- 3Y
- +13.8%
- Vol
- 16.7%
- Max DD
- -21.2%
- Sharpe
- 0.69
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Axis Nifty Midcap 50 Index Fund
Axis Mutual Fund
- 1Y
- -1.9%
- 3Y
- +14.8%
- Vol
- 17.1%
- Max DD
- -20.3%
- Sharpe
- 0.66
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER