UTI BSE Low Volatility Index Fund
- NAV as on 11 Nov 2026
- ₹15.74+0.55%1 day
- Return since launch
- 10.8%
- 52-week range
- ₹14.52 — ₹17.30
- AUM
- ₹418 Cr
UTI BSE Low Volatility Index Fund is a Large & MidCap Index equity fund from UTI Mutual Fund with ₹418 Cr under management, launched in 2022. Over three years it has returned -0.6% a year, against 9.7% for its category. The expense ratio is 1.10% and the SEBI riskometer reading is Very High.
Performance
UTI BSE Low Volatility Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -7.2% against -6.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -3.6% | −1.0 pts | -2.6% | -1.2% |
| 2Y | -1.9% | −4.6 pts | 2.7% | -1.3% |
| 3Y | -0.6% | −10.3 pts | 9.7% | -1.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 7.3% | +0.6 pts | 6.7% | 5.4% |
| 3M | -3.3% | −0.8 pts | -2.4% | -3.0% |
| 6M | -0.3% | −2.6 pts | 2.4% | 1.7% |
| 1Y | -7.2% | −4.6 pts | -2.6% | -6.3% |
| 2Y | -0.7% | −0.4 pts | -0.3% | -3.5% |
| 3Y | 7.0% | −2.8 pts | 9.7% | 7.7% |
Since launch (14 Feb 2022): 10.8%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.7% | +4.4 pts | 3.3% |
| 2024 | 10.1% | −7.8 pts | 18.0% |
| 2023 | 29.4% | −9.5 pts | 38.9% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.06%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.79%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.27%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- BSE Low Volatility TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -3.46 | 0.94 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.88 | 1.15 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.07 | 0.34 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.09 | 0.50 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.39 | 19.32 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
UTI BSE Low Volatility Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity95.2%
- Other4.8%
Market cap split
- Large68.0%
- Mid23.8%
- Small8.2%
- P/E
- 24.01
- P/B
- 3.63
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Castrol India Ltd. | Chemicals | 4.94% | ₹20.64 Cr | — | — | — |
| Mindspace Business Parks REIT | Construction | 4.47% | ₹18.66 Cr | — | — | — |
| Marico Ltd. | Consumer Staples | 3.65% | ₹15.24 Cr | +3.73% | +3.52% | +3.05% |
| Abbott India Ltd. | Healthcare | 3.62% | ₹15.12 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 3.48% | ₹14.53 Cr | +3.65% | +3.35% | +2.88% |
| ITC Ltd. | Consumer Staples | 3.47% | ₹14.49 Cr | +3.15% | +3.39% | +4.22% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 3.45% | ₹14.41 Cr | +3.29% | +3.33% | +3.42% |
| NTPC Ltd. | Energy | 3.42% | ₹14.30 Cr | +3.05% | +3.40% | — |
| Bharti Airtel Ltd. | Communication | 3.42% | ₹14.29 Cr | +3.33% | +3.44% | +3.20% |
| SBI Life Insurance Company Ltd. | Insurance | 3.41% | ₹14.25 Cr | +3.12% | +3.37% | +2.97% |
| HDFC Bank Ltd. | Financial | 3.38% | ₹14.14 Cr | +4.07% | +4.00% | +3.91% |
| ICICI Bank Ltd. | Financial | 3.36% | ₹14.04 Cr | +4.03% | +3.79% | +3.72% |
| Kotak Mahindra Bank Ltd. | Financial | 3.34% | ₹13.96 Cr | — | — | — |
| Power Grid Corporation Of India Ltd. | Energy | 3.25% | ₹13.59 Cr | — | — | — |
| Lupin Ltd. | Healthcare | 3.23% | ₹13.52 Cr | — | — | — |
| Tata Power Company Ltd. | Energy | 3.22% | ₹13.46 Cr | — | — | — |
| Alkem Laboratories Ltd. | Healthcare | 3.19% | ₹13.31 Cr | — | — | — |
| Cipla Ltd. | Healthcare | 3.17% | ₹13.23 Cr | +3.47% | +3.11% | — |
| HDFC Life Insurance Co Ltd. | Insurance | 3.12% | ₹13.04 Cr | +2.96% | +3.26% | +3.03% |
| Britannia Industries Ltd. | Consumer Staples | 3.11% | ₹12.99 Cr | +2.79% | +3.16% | +3.27% |
| Reliance Industries Ltd. | Energy | 3.10% | ₹12.97 Cr | +2.97% | +3.31% | +3.34% |
| Nestle India Ltd. | Consumer Staples | 3.09% | ₹12.90 Cr | +3.77% | +3.38% | +3.52% |
| Procter & Gamble Hygiene and Health Care Ltd. | Consumer Staples | 3.08% | ₹12.88 Cr | — | — | +3.88% |
| Shree Cement Ltd. | Materials | 3.06% | ₹12.80 Cr | +3.68% | +3.60% | +3.27% |
| Pidilite Industries Ltd. | Chemicals | 3.05% | ₹12.74 Cr | +4.51% | +3.90% | +3.57% |
| Hindustan Unilever Ltd. | Consumer Staples | 3.05% | ₹12.74 Cr | +3.40% | +3.54% | +3.43% |
| Coal India Ltd. | Materials | 2.95% | ₹12.31 Cr | +2.99% | +3.29% | +3.17% |
| ACC Ltd. | Materials | 2.88% | ₹12.04 Cr | +3.15% | +3.19% | +3.06% |
| Grasim Industries Ltd. | Materials | 2.87% | ₹12.01 Cr | +3.53% | +3.12% | +3.13% |
| United Breweries Ltd. | Consumer Staples | 2.85% | ₹11.89 Cr | +2.57% | +3.18% | — |
| Others | Others | 0.32% | ₹1.35 Cr | +0.23% | +0.05% | +0.05% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Castrol India Ltd. | 0.00% | 4.94% | +4.94% |
| Mindspace Business Parks REIT | 0.00% | 4.47% | +4.47% |
| Titan Company Ltd. | 3.91% | 0.00% | -3.91% |
| Abbott India Ltd. | 0.00% | 3.62% | +3.62% |
| Ultratech Cement Ltd. | 3.53% | 0.00% | -3.53% |
| Asian Paints Ltd. | 3.52% | 0.00% | -3.52% |
| Larsen & Toubro Ltd. | 3.38% | 0.00% | -3.38% |
| Kotak Mahindra Bank Ltd. | 0.00% | 3.34% | +3.34% |
| Power Grid Corporation Of India Ltd. | 0.00% | 3.25% | +3.25% |
| Lupin Ltd. | 0.00% | 3.23% | +3.23% |
| Tata Power Company Ltd. | 0.00% | 3.22% | +3.22% |
| Alkem Laboratories Ltd. | 0.00% | 3.19% | +3.19% |
| Maruti Suzuki India Ltd. | 3.17% | 0.00% | -3.17% |
| State Bank of India | 3.17% | 0.00% | -3.17% |
| Procter & Gamble Hygiene and Health Care Ltd. | 0.00% | 3.08% | +3.08% |
| Tata Consultancy Services Ltd. | 2.93% | 0.00% | -2.93% |
| Dr. Reddy's Laboratories Ltd. | 2.71% | 0.00% | -2.71% |
| Dabur India Ltd. | 2.60% | 0.00% | -2.60% |
| Pidilite Industries Ltd. | 4.70% | 3.05% | -1.65% |
| Grasim Industries Ltd. | 3.82% | 2.87% | -0.94% |
| ICICI Bank Ltd. | 4.29% | 3.36% | -0.93% |
| Nestle India Ltd. | 3.99% | 3.09% | -0.90% |
| ITC Ltd. | 2.84% | 3.47% | +0.63% |
| NTPC Ltd. | 2.83% | 3.42% | +0.60% |
| Shree Cement Ltd. | 3.49% | 3.06% | -0.43% |
| United Breweries Ltd. | 2.54% | 2.85% | +0.30% |
| SBI Life Insurance Company Ltd. | 3.11% | 3.41% | +0.30% |
| HDFC Life Insurance Co Ltd. | 2.83% | 3.12% | +0.30% |
| Apollo Hospitals Enterprise Ltd. | 3.76% | 3.48% | -0.28% |
| HDFC Bank Ltd. | 3.65% | 3.38% | -0.26% |
| Britannia Industries Ltd. | 2.87% | 3.11% | +0.24% |
| Cipla Ltd. | 3.39% | 3.17% | -0.23% |
| Coal India Ltd. | 2.76% | 2.95% | +0.18% |
| Hindustan Unilever Ltd. | 3.23% | 3.05% | -0.18% |
| ACC Ltd. | 3.06% | 2.88% | -0.18% |
| Reliance Industries Ltd. | 2.98% | 3.10% | +0.12% |
| Bharti Airtel Ltd. | 3.32% | 3.42% | +0.10% |
| Marico Ltd. | 3.74% | 3.65% | -0.09% |
| Others | 0.38% | 0.32% | -0.06% |
| Sun Pharmaceutical Industries Ltd. | 3.49% | 3.45% | -0.04% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,207 Cr | 1.11% | 1.6% | 3.1% | 7.9% |
| UTI Nifty200 Momentum 30 Index Fund | ₹7,962 Cr | 1.25% | 0.7% | -0.3% | 7.9% |
 Motilal Oswal BSE Enhanced Value Index Fund | ₹2,132 Cr | 1.14% | 0.4% | 7.8% | — |
 Kotak Nifty 200 Momentum 30 Index Fund | ₹554 Cr | 1.09% | 0.7% | -0.3% | — |
 Edelweiss NIFTY Large Mid Cap 250 Index Fund | ₹332 Cr | 0.89% | 6.1% | 5.9% | — |
| Motilal Oswal BSE Quality Index Fund | ₹54.12 Cr | 1.18% | 0.1% | 2.5% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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.
Fund managers
- Ayush JainMr. Jain is B.Com, C.A and CFA (level 1).Prior to joining UTI Mutual Fund, he has worked with PMS and Anand Saklecha & Co..
- Lokesh KulthiaBCom (Hons), MBA (Finance), PGPFMMr. Kulthia is associated with Equity Research team as a Manager since the year 2021. He joined UTI AMC as Assistance Manager at Dept of Sales. He has over 4 years of experience in the field of Research.
- Sharwan Kumar GoyalMr.Goyal is B.Com, CFA and MMS.He began his career with UTI in June 2006 and has 15 years of overall experience in Risk / Fund management. Presently he is working as Equity Fund Manager.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months−0.25% absolute | ₹60,000 | ₹59,850 | −0.25% | |
| 1 year−7.21% annualised | ₹1,20,000 | ₹1,15,415 | −3.82% | |
| 3 years6.95% annualised | ₹3,60,000 | ₹4,01,312 | 11.48% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.