Fincash » Mutual Funds » UTI Banking And Financial Services Fund
(Erstwhile UTI Banking Sector Fund) Table of Contents 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 Below is the key information for UTI Banking and Financial Services Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis UTI Banking And Financial Services Fund - G
Scheme Objective
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% . NAV as on 3 Feb 23 ₹123.631 ↑ 2.34 (1.93 %) Net Assets (AUM) as on 31 Dec 2022 ₹863 Cr. Launch Date 7 Apr 2004 Category Equity - Sectoral Rating ☆☆☆ Type Open Ended Fund Risk High AMC UTI Asset Management Company Ltd Alpha Ratio 4.11 Expense Ratio 2.6 % Sharpe Ratio 0.564 Information Ratio -0.44 Benchmark Not Available Min Investment ₹5,000 Min SIP Investment ₹500 Exit Load 0-1 Years (1%),1 Years and above(NIL) NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 3 Feb 23 Duration Returns 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
Year Returns 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
Date Value 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 Asset Allocation
Asset Class Value Cash 2.94% Equity 96.93% Debt 0.13% Sector Allocation
Sector Value Financial Services 95.84% Technology 1.09% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANKBanks - Regional 19% ₹166 Cr 1,020,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 04 | ICICIBANKBanks - Regional 18% ₹153 Cr 1,713,592 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 18 | AXISBANKBanks - Regional 10% ₹84 Cr 900,000
↓ -10,000 State Bank of India (Financial Services)
Equity, Since 28 Feb 18 | SBINBanks - Regional 9% ₹80 Cr 1,300,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 18 | HDFCMortgage Finance 6% ₹55 Cr 210,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | KOTAKBANKBanks - Regional 4% ₹33 Cr 180,000 SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Apr 20 | SBILIFEInsurance - Life 3% ₹28 Cr 225,574 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | INDUSINDBKBanks - Regional 3% ₹26 Cr 210,000
↓ -16,945 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 19 | BAJFINANCECredit Services 3% ₹25 Cr 37,447
↑ 6,100 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | KARURVYSYABanks - Regional 3% ₹22 Cr 1,944,493
↓ -155,507
Talk to our investment specialistFund Managers
Name Since Tenure Amit Premchandani 2 Jun 14 8.59 Yr. Preethi S 2 May 22 0.67 Yr. Custodians
Company Address Bank of Nova Scotia 12/13, Maker Chamber VI,220, Nariman Point Citibank N.A. India Trent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East), Stock Holding Corporation of India Mittal Court, ‘B’ Wing,,Nariman Point Registrar & Transfer Agent
KFin Technologies Ltd Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com Administrator Companies
Company Address UTI Mutual Fund UTI Tower , `GN' Block,,Bandra Kurla Complex,,Bandra (E) Auditors
Company Address Haribhakti & Co. Chartered Accountants 42, Free Press House,4th Floor,,215, Nariman Point, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 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