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Fincash » Mutual Funds » UTI Banking And Financial Services Fund

UTI Banking And Financial Services Fund - G

NAV  ₹119.023 ↑ 3.05  (2.63 %) as on 4 Oct 22

(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 14.3% since its launch.  Ranked 20 in Sectoral category.  Return for 2021 was 14.3% , 2020 was -5.3% and 2019 was 11.6% .

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

NAV as on 4 Oct 22₹119.023 ↑ 3.05  (2.63 %)
Net Assets (AUM) as on 31 Aug 2022 ₹804 Cr.
Launch Date7 Apr 2004
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCUTI Asset Management Company Ltd
Alpha Ratio2.0
Expense Ratio2.75 %
Sharpe Ratio0.064
Information Ratio-0.74
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 Oct 22

DurationReturns
1 Month -1.4%
3 Month 14.8%
6 Month 0.4%
1 Year -0.4%
3 Year 9.8%
5 Year 4.7%
10 Year
15 Year
Since launch 14.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2021 14.3%
2020 -5.3%
2019 11.6%
2018 -6.8%
2017 43.5%
2016 13%
2015 -11.3%
2014 64%
2013 -13.5%

Growth of 10k Over Years

DateValue
30 Sep 17₹10,000
30 Sep 18₹9,244
30 Sep 19₹9,957
30 Sep 20₹7,343
30 Sep 21₹12,657
30 Sep 22₹12,520
UTI Banking And Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.14%
Equity97.72%
Debt0.14%
UTI Banking And Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services97.08%
Technology0.64%
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 - Regional19%₹156 Cr1,760,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK
Banks - Regional19%₹153 Cr1,030,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 18 | SBIN
Banks - Regional9%₹74 Cr1,400,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
Banks - Regional9%₹69 Cr920,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 18 | HDFC
Mortgage Finance6%₹51 Cr210,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
Banks - Regional4%₹34 Cr180,000
↓ -5,000
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Apr 20 | 540719
Insurance - Life3%₹28 Cr209,284
↑ 9,284
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | INDUSINDBK
Banks - Regional3%₹25 Cr226,945
↑ 9,001
Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 May 20 | 532978
Financial Conglomerates2%₹20 Cr11,500
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | 500034
Credit Services2%₹18 Cr25,000
1 - 10 of 29
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Fund Managers

NameSinceTenure
Amit Premchandani2 Jun 148.25 Yr.
Preethi S2 May 220.33 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 Limited
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
₹46.3231
↑ 1.19
0.37 %-0.45 %9.8 %4.73 %
UTI Banking and Financial Services Fund
Growth
₹119.023
↑ 3.05
0.37 %-0.45 %9.8 %4.73 %
UTI Banking and Financial Services Fund
Normal Dividend, Payout
₹46.3231
↑ 1.19
0.37 %-0.45 %9.8 %4.73 %
Data as on 4 Oct 22

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