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Fincash » Mutual Funds » UTI Banking And Financial Services Fund

UTI Banking And Financial Services Fund - G

NAV  ₹155.553 ↑ 0.81  (0.53 %) as on 20 Feb 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 14.8% 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 20 Feb 24₹155.553 ↑ 0.81  (0.53 %)
Net Assets (AUM) as on 31 Jan 2024 ₹1,022 Cr.
Launch Date7 Apr 2004
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCUTI Asset Management Company Ltd
Alpha Ratio13.31
Expense Ratio2.55 %
Sharpe Ratio1.729
Information Ratio0.99
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 20 Feb 24

DurationReturns
1 Month 1.8%
3 Month 12.5%
6 Month 15.7%
1 Year 27.1%
3 Year 12.3%
5 Year 11.9%
10 Year
15 Year
Since launch 14.8%

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 Jan 19₹10,000
31 Jan 20₹11,055
31 Jan 21₹10,412
31 Jan 22₹12,872
31 Jan 23₹13,426
31 Jan 24₹17,167
UTI Banking And Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.35%
Equity97.65%
UTI Banking And Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services95.43%
Technology2.22%
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 - Regional17%₹167 Cr978,655
↓ -139,477
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 04 | ICICIBANK
Banks - Regional15%₹151 Cr1,520,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | AXISBANK
Banks - Regional6%₹62 Cr560,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | BAJFINANCE
Credit Services6%₹60 Cr82,345
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
Banks - Regional5%₹48 Cr253,374
↑ 73,374
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Apr 20 | SBILIFE
Insurance - Life4%₹43 Cr303,225
↓ -21,000
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | INDUSINDBK
Banks - Regional4%₹41 Cr253,468
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | KARURVYSYA
Banks - Regional4%₹37 Cr2,177,583
↓ -166,910
Equitas Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 28 Feb 23 | EQUITASBNK
Banks - Regional3%₹27 Cr2,518,133
↓ -125,455
PB Fintech Ltd (Financial Services)
Equity, Since 30 Nov 21 | 543390
Insurance Brokers3%₹26 Cr323,887
↓ -30,000
1 - 10 of 33
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Fund Managers

NameSinceTenure
Preethi S2 May 221.75 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
₹60.5402
↑ 0.32
15.7 %27.12 %12.25 %11.93 %
UTI Banking and Financial Services Fund
Growth
₹155.553
↑ 0.81
15.7 %27.12 %12.25 %11.93 %
UTI Banking and Financial Services Fund
Normal Dividend, Payout
₹60.5402
↑ 0.32
15.7 %27.12 %12.25 %11.93 %
Data as on 20 Feb 24

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