fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » UTI Banking And Financial Services Fund

UTI Banking And Financial Services Fund - G

NAV  ₹110.805 ↑ 0.57  (0.51 %) as on 29 Jul 21

(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 14.9% since its launch.  Ranked 20 in Sectoral category.  Return for 2020 was -5.3% , 2019 was 11.6% and 2018 was -6.8% .

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

NAV as on 29 Jul 21₹110.805 ↑ 0.57  (0.51 %)
Net Assets (AUM) as on 30 Jun 2021 ₹712 Cr.
Launch Date7 Apr 2004
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCUTI Asset Management Company Ltd
Alpha Ratio2.23
Expense Ratio2.67 %
Sharpe Ratio1.681
Information Ratio-1.36
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 29 Jul 21

DurationReturns
1 Month 0.2%
3 Month 5.2%
6 Month 16.9%
1 Year 56.8%
3 Year 3.2%
5 Year 8.4%
10 Year
15 Year
Since launch 14.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2020 -5.3%
2019 11.6%
2018 -6.8%
2017 43.5%
2016 13%
2015 -11.3%
2014 64%
2013 -13.5%
2012 58.7%

Growth of 10k Over Years

DateValue
30 Jun 16₹10,000
30 Jun 17₹13,033
30 Jun 18₹13,582
30 Jun 19₹14,745
30 Jun 20₹9,830
30 Jun 21₹15,898
UTI Banking And Financial Services Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.07%
Equity98.93%
UTI Banking And Financial Services Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services98.93%
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 - Regional22%₹157 Cr1,050,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 04 | ICICIBANK
Banks - Regional16%₹115 Cr1,825,000
↑ 25,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | 532215
Banks - Regional10%₹70 Cr940,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 18 | SBIN
Banks - Regional10%₹70 Cr1,665,000
↓ -35,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 18 | HDFC
Mortgage Finance6%₹43 Cr174,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANK
Banks - Regional5%₹38 Cr225,000
↑ 5,000
ICICI Prudential Life Insurance Company Limited (Financial Services)
Equity, Since 31 Oct 18 | 540133
Insurance - Life3%₹23 Cr375,000
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Apr 20 | 540719
Insurance - Life3%₹23 Cr225,000
RBL Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | RBLBANK
Banks - Regional3%₹21 Cr1,000,000
ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Apr 21 | 540716
Insurance - Diversified3%₹19 Cr120,000
1 - 10 of 23
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Amit Premchandani2 Jun 147.08 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 Private Limited
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
₹43.1245
↑ 0.22
16.86 %56.77 %3.24 %8.36 %
UTI Banking and Financial Services Fund
Growth
₹110.805
↑ 0.57
16.86 %56.77 %3.24 %8.36 %
UTI Banking and Financial Services Fund
Normal Dividend, Payout
₹43.1245
↑ 0.22
16.86 %56.77 %3.24 %8.36 %
Data as on 29 Jul 21

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