UTI Banking and Financial Services Fund Direct Growth
EquitySector - Financial ServicesVery High Risk
Direct
NAV (20-Dec-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,170 Cr
Expense Ratio
1.21%
ISIN
INF789F01SN3
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹193.74, Assets Under Management (AUM) of 1170.31 Crores, and an expense ratio of 1.21%.
- UTI Banking and Financial Services Fund Direct Growth has given a CAGR return of 12.09% since inception.
- The fund's asset allocation comprises around 96.56% in equities, 0.00% in debts, and 3.44% in cash & cash equivalents.
- You can start investing in UTI Banking and Financial Services Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+14.07%
+8.83% (Cat Avg.)
3 Years
+17.43%
+17.34% (Cat Avg.)
5 Years
+11.81%
+12.09% (Cat Avg.)
10 Years
+10.91%
+10.87% (Cat Avg.)
Since Inception
+12.09%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Equity | ₹1,130.01 Cr | 96.56% |
| Others | ₹40.3 Cr | 3.44% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹217.77 Cr | 18.61% |
| HDFC Bank Ltd | Equity | ₹180.67 Cr | 15.44% |
| Axis Bank Ltd | Equity | ₹70.45 Cr | 6.02% |
| State Bank of India | Equity | ₹62.92 Cr | 5.38% |
| Shriram Finance Ltd | Equity | ₹59.41 Cr | 5.08% |
| HDFC Life Insurance Co Ltd | Equity | ₹45.9 Cr | 3.92% |
| India Shelter Finance Corporation Ltd | Equity | ₹45.79 Cr | 3.91% |
| Karur Vysya Bank Ltd | Equity | ₹44.39 Cr | 3.79% |
| REC Ltd | Equity | ₹44.34 Cr | 3.79% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹37.32 Cr | 3.19% |
| Net Current Assets | Cash | ₹35.78 Cr | 3.06% |
| Max Financial Services Ltd | Equity | ₹35.61 Cr | 3.04% |
| Indian Bank | Equity | ₹33.93 Cr | 2.90% |
| Kotak Mahindra Bank Ltd | Equity | ₹28.94 Cr | 2.47% |
| Bajaj Finance Ltd | Equity | ₹27.79 Cr | 2.37% |
| Bajaj Finserv Ltd | Equity | ₹26.35 Cr | 2.25% |
| ICICI Securities Ltd | Equity | ₹23.1 Cr | 1.97% |
| KFin Technologies Ltd | Equity | ₹20.82 Cr | 1.78% |
| The Federal Bank Ltd | Equity | ₹17.07 Cr | 1.46% |
| Bajaj Housing Finance Ltd | Equity | ₹13.68 Cr | 1.17% |
| Arman Financial Services Ltd | Equity | ₹12.3 Cr | 1.05% |
| IndusInd Bank Ltd | Equity | ₹11.8 Cr | 1.01% |
| LIC Housing Finance Ltd | Equity | ₹10.17 Cr | 0.87% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹9.79 Cr | 0.84% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹9.57 Cr | 0.82% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹8.25 Cr | 0.70% |
| Multi Commodity Exchange of India Ltd | Equity | ₹7.78 Cr | 0.66% |
| CSB Bank Ltd Ordinary Shares | Equity | ₹5.97 Cr | 0.51% |
| 364 Days T - Bill- 06/02/2025 | Bond - Gov't/Treasury | ₹4.45 Cr | 0.38% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹4.41 Cr | 0.38% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹4 Cr | 0.34% |
| Indian Energy Exchange Ltd | Equity | ₹3.88 Cr | 0.33% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹2.81 Cr | 0.24% |
| Indian Renewable Energy Development Agency Ltd | Equity | ₹2.05 Cr | 0.18% |
| DCB Bank Ltd | Equity | ₹0.94 Cr | 0.08% |
| Clearing Corporation Of India Ltd. Std - Margin | Cash - Repurchase Agreement | ₹0.08 Cr | 0.01% |
| BSE Ltd | Equity | ₹0.05 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
67.15%
Mid Cap Stocks
12.34%
Small Cap Stocks
15.89%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,109.18 Cr | 94.78% |
| Technology | ₹20.82 Cr | 1.78% |
Risk & Performance Ratios
Standard Deviation
This fund
14.63%
Cat. avg.
15.64%
Lower the better
Sharpe Ratio
This fund
0.70
Cat. avg.
0.67
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.27
Higher the better
Fund Managers
Preethi S
Since May 2022
Additional Scheme Detailsas of 30th November 2024
ISIN INF789F01SN3 | Expense Ratio 1.21% | Exit Load 1.00% | Fund Size ₹1,170 Cr | Age 11 years 11 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Financial Services TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Financial Services Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹10.97 Cr | 1.1% |
| Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk | - | - | - | - |
| Nippon India ETF Nifty PSU Bank BeES Very High Risk | 0.5% | - | ₹2724.85 Cr | 19.2% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1434.25 Cr | 19.1% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2818.24 Cr | 13.8% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹240.82 Cr | 7.7% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.8% | 1.0% | ₹9025.72 Cr | 13.2% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1170.31 Cr | 12.9% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹6307.03 Cr | 11.7% |
About the AMC
UTI Mutual Fund
Total AUM
₹3,24,111 Cr
Address
UTI Towers, Gn Block, Mumbai, 400 051
Other Funds by UTI Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Preethi S
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