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Fincash » Mutual Funds » UTI Banking And Financial Services Fund

UTI Banking And Financial Services Fund - G

NAV  ₹102.7 ↓ 0.95   (0.93 %) as on 4 Dec 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 16% 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 4 Dec 19₹102.7 ↓ 0.95   (0.93 %)
Net Assets (AUM) as on 31 Oct 2019 ₹644 Cr.
Launch Date7 Apr 2004
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCUTI Asset Management Company Ltd
Alpha Ratio-15.14
Expense Ratio2.64 %
Sharpe Ratio0.475
Information Ratio-1.82
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 4 Dec 19

DurationReturns
1 Month 5.3%
3 Month 14.9%
6 Month -2.6%
1 Year 13.7%
3 Year 13.6%
5 Year 8.4%
10 Year
15 Year
Since launch 16%

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 Nov 14₹10,000
30 Nov 15₹9,340
30 Nov 16₹10,682
30 Nov 17₹14,537
30 Nov 18₹13,413
30 Nov 19₹15,320
UTI Banking And Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.75%
Equity98.25%
UTI Banking And Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services98.25%
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
20%₹126 Cr1,025,000
↓ -15,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 04 | ICICIBANK
14%₹93 Cr2,000,000
↓ -75,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
10%₹63 Cr860,000
↓ -40,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 18 | HDFC
9%₹59 Cr275,000
↑ 25,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 18 | SBIN
8%₹55 Cr1,750,000
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | INDUSINDBK
6%₹38 Cr290,000
↑ 20,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
4%₹26 Cr165,000
↓ -5,000
ICICI Prudential Life Insurance Co Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIPRULI
3%₹19 Cr375,000
↓ -25,000
Mahindra & Mahindra Financial Services Ltd (Financial Services)
Equity, Since 31 Jul 14 | M&MFIN
3%₹17 Cr492,433
↓ -7,567
RBL Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | RBLBANK
3%₹17 Cr550,000
↑ 25,000
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
₹39.9705
↑ 0.37
-2.61 %13.66 %13.57 %8.43 %
UTI Banking and Financial Services Fund
Growth
₹102.7
↑ 0.95
-2.61 %13.66 %13.57 %8.44 %
UTI Banking and Financial Services Fund
Normal Dividend, Payout
₹39.9705
↑ 0.37
-2.61 %13.66 %13.57 %8.43 %
Data as on 4 Dec 19

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