August 24, 2023
mayank
UTI Banking and Financial Services Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 152.8168
NAV IDCW: Rs 59.8098
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies/institutions engaged in the banking and financial services activities.
Fund Manager:
1) Preethi R S
Education: Ms. R S is B.E and MBA (Finance).
Experience: Prior to joining UTI Mutual Fund, she has worked with PwC India.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 30 days |
Basic Details of UTI Banking and Financial Services Fund
| Fund House | UTI Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 11.08% |
| Benchmark | NIFTY Financial Services TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 931 Cr |
| (As on 31-Jul-2023) | |
| Expense | 1.34% |
| (As on 31-Jul-2023) | |
| Risk Grade | Above Average |
| Return Grade | Below Average |
| Turnover | 29.00% |
UTI Banking and Financial Services Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| UTI Banking & Fin Srvces Dir | 7.25 | 0.93 | -2.45 | 5.04 | 14.16 | 16.54 | 25.24 | 6.79 | 10.17 | 15.69 |
| S&P BSE Bankex TRI | 3.01 | 1.20 | -3.95 | 0.87 | 11.17 | 13.51 | 26.24 | 10.03 | 12.80 | 17.30 |
| Equity: Sectoral-Banking | 8.92 | 0.86 | -1.31 | 6.27 | 16.37 | 18.79 | 25.72 | 10.85 | 13.08 | 17.77 |
| Rank within category | 12 | 8 | 12 | 13 | 13 | 11 | 8 | 11 | 10 | 6 |
| Number of funds in category | 18 | 22 | 20 | 19 | 18 | 18 | 12 | 11 | 11 | 7 |
UTI Banking and Financial Services Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| UTI Banking & Fin Srvces Dir | 1 star | 16.54 | 25.24 | 6.79 | 1.34 | 931 | 11.08 | 1.00 (30) | 10Y 7M | 29.00 |
| ICICI Pru Banking & Fin Srvces Dir | 4 star | 16.75 | 25.45 | 10.02 | 1.02 | 7,062 | 15.56 | 1.00 (15) | 10Y 7M | 48.00 |
| Nippon Ind Banking & Fin Srvices Dir | 4 star | 23.18 | 32.12 | 10.34 | 1.15 | 4,527 | 13.81 | 1.00 (30) | 10Y 7M | 38.00 |
| SBI Banking & Fin Srvices Dir | 4 star | 13.24 | 22.64 | 11.39 | 0.77 | 4,364 | 14.14 | 0.50 (30) | 8Y 5M | 81.00 |
| Tata Banking & Fin Srvcs Dir | 4 star | 28.08 | 25.94 | 13.47 | 0.55 | 1,625 | 18.42 | 0.25 (30) | 7Y 7M | 20.14 |
Portfolio Analysis of UTI Banking and Financial Services Fund
| No. of Stocks | 27 |
| Top 10 Stocks | 70.26% |
| Top 5 Stocks | 53.67% |
| Top 3 Sectors | 98.51% |
| Portfolio P/B Ratio | 2.93 |
| Portfolio P/E Ratio | 19.94 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,99,109 | 2,97,352 |
| Giant (%) | 58.91 | 65.12 |
| Large (%) | 14.92 | 19.56 |
| Mid (%) | 21.32 | 12.66 |
| Small (%) | 4.85 | 5.08 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For UTI Banking and Financial Services Fund
Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Apply Online: https://www.utimf.com/mutual-fund-schemes/
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