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Fincash » Mutual Funds » UTI Banking And Financial Services Fund

UTI Banking And Financial Services Fund - G

NAV  ₹123.631 ↑ 2.34  (1.93 %) as on 3 Feb 23

(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 2022 was 15.1% , 2021 was 14.3% and 2020 was -5.3% .

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

NAV as on 3 Feb 23₹123.631 ↑ 2.34  (1.93 %)
Net Assets (AUM) as on 31 Dec 2022 ₹863 Cr.
Launch Date7 Apr 2004
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCUTI Asset Management Company Ltd
Alpha Ratio4.11
Expense Ratio2.6 %
Sharpe Ratio0.564
Information Ratio-0.44
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 3 Feb 23

DurationReturns
1 Month -4.7%
3 Month -1.3%
6 Month 6.1%
1 Year 3.1%
3 Year 8.4%
5 Year 4.7%
10 Year
15 Year
Since launch 14.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 15.1%
2021 14.3%
2020 -5.3%
2019 11.6%
2018 -6.8%
2017 43.5%
2016 13%
2015 -11.3%
2014 64%

Growth of 10k Over Years

DateValue
31 Jan 18₹10,000
31 Jan 19₹8,934
31 Jan 20₹9,877
31 Jan 21₹9,303
31 Jan 22₹11,500
31 Jan 23₹11,995
UTI Banking And Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.94%
Equity96.93%
Debt0.13%
UTI Banking And Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services95.84%
Technology1.09%
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 - Regional19%₹166 Cr1,020,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 04 | ICICIBANK
Banks - Regional18%₹153 Cr1,713,592
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | AXISBANK
Banks - Regional10%₹84 Cr900,000
↓ -10,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 18 | SBIN
Banks - Regional9%₹80 Cr1,300,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 18 | HDFC
Mortgage Finance6%₹55 Cr210,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
Banks - Regional4%₹33 Cr180,000
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Apr 20 | SBILIFE
Insurance - Life3%₹28 Cr225,574
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | INDUSINDBK
Banks - Regional3%₹26 Cr210,000
↓ -16,945
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | BAJFINANCE
Credit Services3%₹25 Cr37,447
↑ 6,100
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | KARURVYSYA
Banks - Regional3%₹22 Cr1,944,493
↓ -155,507
1 - 10 of 29
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Fund Managers

NameSinceTenure
Amit Premchandani2 Jun 148.59 Yr.
Preethi S2 May 220.67 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

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
₹48.1167
↑ 0.91
6.13 %3.11 %8.43 %4.72 %
UTI Banking and Financial Services Fund
Growth
₹123.631
↑ 2.34
6.13 %3.11 %8.43 %4.72 %
UTI Banking and Financial Services Fund
Normal Dividend, Payout
₹48.1167
↑ 0.91
6.13 %3.11 %8.43 %4.72 %
Data as on 3 Feb 23

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