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Fincash » Mutual Funds » UTI Banking And Financial Services Fund

UTI Banking And Financial Services Fund - G

NAV  ₹93.2036 ↓ 0.84   (0.91 %) as on 18 Oct 19

(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 15.5% since its launch.  Ranked 20 in Sectoral category.  Return for 2018 was -6.8% , 2017 was 43.5% and 2016 was 13% .

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

NAV as on 18 Oct 19₹93.2036 ↓ 0.84   (0.91 %)
Net Assets (AUM) as on 31 Aug 2019 ₹603 Cr.
Launch Date7 Apr 2004
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCUTI Asset Management Company Ltd
Alpha Ratio-19.57
Expense Ratio2.91 %
Sharpe Ratio-0.536
Information Ratio-1.46
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 18 Oct 19

DurationReturns
1 Month 4.9%
3 Month -6.7%
6 Month -8.3%
1 Year 8.5%
3 Year 6.5%
5 Year 9.6%
10 Year
15 Year
Since launch 15.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 -6.8%
2017 43.5%
2016 13%
2015 -11.3%
2014 64%
2013 -13.5%
2012 58.7%
2011 -32.6%
2010 36.5%

Growth of 10k Over Years

DateValue
30 Sep 14₹10,000
30 Sep 15₹11,149
30 Sep 16₹13,370
30 Sep 17₹16,550
30 Sep 18₹15,298
30 Sep 19₹16,479
UTI Banking And Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.4%
Equity98.6%
UTI Banking And Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services98.6%
UTI Banking And Financial Services Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK
Banks - Regional - Asia19%₹116 Cr520,000
↓ -5,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 04 | ICICIBANK
Banks - Regional - Asia14%₹86 Cr2,100,000
↓ -25,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
Banks - Regional - Asia10%₹60 Cr900,000
↑ 75,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 18 | SBIN
Banks - Regional - Asia8%₹48 Cr1,750,000
↑ 55,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 18 | HDFC
Specialty Finance8%₹45 Cr210,000
↓ -20,000
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | INDUSINDBK
Banks - Regional - Asia6%₹38 Cr275,000
↑ 20,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
Banks - Regional - Asia4%₹25 Cr175,000
ICICI Prudential Life Insurance Co Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIPRULI
Insurance - Life3%₹18 Cr425,000
PNB Housing Finance Ltd (Financial Services)
Equity, Since 31 Mar 19 | PNBHOUSING
Specialty Finance3%₹18 Cr275,000
RBL Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | RBLBANK
Banks - Regional - Asia3%₹16 Cr500,000
↑ 55,000
1 - 10 of 23
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Fund Managers

NameSinceTenure
Amit Premchandani2 Jun 144.67 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

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
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
₹36.2745
↑ 0.33
-8.28 %8.49 %6.54 %9.59 %
UTI Banking and Financial Services Fund
Growth
₹93.2036
↑ 0.84
-8.28 %8.49 %6.54 %9.6 %
UTI Banking and Financial Services Fund
Normal Dividend, Payout
₹36.2745
↑ 0.33
-8.28 %8.49 %6.54 %9.59 %
Data as on 18 Oct 19

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