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Fincash » Mutual Funds » UTI Banking And Financial Services Fund

UTI Banking And Financial Services Fund - G

NAV  ₹165.668 ↑ 1.25  (0.76 %) as on 14 Jun 24

(Erstwhile UTI Banking Sector Fund)

Scheme Objective

Investment objective is "capital appreciation" through investments in the stocks of the companies/institutions engaged in the banking and financial services activities.

UTI Banking and Financial Services Fund is a Equity - Sectoral fund launched on 7 Apr 04. It is a fund with High risk and has given a CAGR return of 14.9% since its launch.  Ranked 20 in Sectoral category.  Return for 2023 was 19.5% , 2022 was 15.1% and 2021 was 14.3% .

Below is the key information for UTI Banking and Financial Services Fund

NAV as on 14 Jun 24₹165.668 ↑ 1.25  (0.76 %)
Net Assets (AUM) as on 30 Apr 2024 ₹1,080 Cr.
Launch Date7 Apr 2004
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCUTI Asset Management Company Ltd
Alpha Ratio12.01
Expense Ratio2.55 %
Sharpe Ratio1.585
Information Ratio0.58
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jun 24

DurationReturns
1 Month 6.4%
3 Month 9.9%
6 Month 6.7%
1 Year 25.2%
3 Year 14.5%
5 Year 10.4%
10 Year
15 Year
Since launch 14.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 19.5%
2022 15.1%
2021 14.3%
2020 -5.3%
2019 11.6%
2018 -6.8%
2017 43.5%
2016 13%
2015 -11.3%

Growth of 10k Over Years

DateValue
31 May 19₹10,000
31 May 20₹5,803
31 May 21₹10,627
31 May 22₹10,380
31 May 23₹12,552
31 May 24₹15,070
UTI Banking And Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.31%
Equity97.3%
Debt0.4%
UTI Banking And Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services96.48%
Technology0.82%
UTI Banking And Financial Services Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 04 | ICICIBANK
Banks - Regional18%₹189 Cr1,645,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK
Banks - Regional15%₹157 Cr1,033,655
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | 500034
Credit Services6%₹62 Cr89,008
↑ 6,663
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
Banks - Regional5%₹54 Cr460,000
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Apr 20 | SBILIFE
Insurance - Life4%₹48 Cr333,225
Shriram Finance Ltd (Financial Services)
Equity, Since 31 Jan 24 | SHRIRAMFIN
Credit Services4%₹44 Cr174,136
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | INDUSINDBK
Banks - Regional4%₹40 Cr263,468
State Bank of India (Financial Services)
Equity, Since 28 Feb 18 | SBIN
Banks - Regional4%₹40 Cr480,000
Indian Bank (Financial Services)
Equity, Since 31 May 23 | 532814
Banks - Regional3%₹37 Cr670,843
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | 590003
Banks - Regional3%₹35 Cr1,709,825
↓ -467,758
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Fund Managers

NameSinceTenure
Preethi S2 May 222 Yr.

Custodians

CompanyAddress
Bank of Nova Scotia12/13, Maker Chamber VI,220, Nariman Point
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),
Stock Holding Corporation of IndiaMittal Court, ‘B’ Wing,,Nariman Point

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
UTI Mutual FundUTI Tower , `GN' Block,,Bandra Kurla Complex,,Bandra (E)

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
UTI Banking and Financial Services Fund
Normal Dividend, Reinvestment
₹64.4772
↑ 0.49
6.69 %25.19 %14.5 %10.41 %
UTI Banking and Financial Services Fund
Growth
₹165.668
↑ 1.25
6.69 %25.19 %14.5 %10.41 %
UTI Banking and Financial Services Fund
Normal Dividend, Payout
₹64.4772
↑ 0.49
6.69 %25.19 %14.5 %10.41 %
Data as on 14 Jun 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.