April 23, 2026
RA Jainee
UTI Banking and Financial Services Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 224.67 |
| NAV Bonus (Rs.) | — |
| NAV IDCW (Rs.) | 87.93 |
| Min. Investment (Rs.) | 5,000 |
| Min. SIP Investment (Rs.) | 500 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY Financial Services TRI |
| AUM Rs. | 1,213 Cr |
| (As on 31-Mar-2026) | |
| Expense | 1.09% |
| 1 Year Return (%) | — |
| 3 Year Return (%) | — |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 11.89% |
⚖️ Sahifund Review – UTI Banking and Financial Services Fund ✔
PLUS: Stability, track record, cost efficiency
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MINUS: Large AUM, large-cap bias, momentum lag
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Sahifund View (Decisive Line):
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| NFO Guidance |
What lies ahead? Below we decode returns consistency, portfolio concentration, peer positioning and risk profile in detail.
Suitable For Which Investors?
Nobody should invest in Banking funds in our opinion, because:
• They have a narrow focus on only financial services companies
• Instead, diversified equity funds which invest across sectors are better
If you still choose to invest:
1. Invest only through SIP
2. Have a 7+ year investment horizon
3. Be prepared to withstand interim sharp declines in investment value
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) Amit Kumar Premchandani
Education: Mr. Premchandani is a Chartered Accountant, MBA and CFA degree holder.
Experience: Prior to joining UTI Mutual Fund, he has worked in Deutsche Equities India, JP Morgan and Peerless General Finance and Investment. In UTI he has been associated with Dept. of Securities Research and Dept. of Fund Management for more than 11 years.
2) Bhavesh Kanani
Education: MBA Finance, B.Com
Experience: Prior to joining the UTI AMC, he was associated with Svan Investments, ASK Group, Centrum Institutional Research, Sharekhan
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 | 11.89% |
| Benchmark | NIFTY Financial Services TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | 1,213 Cr |
| (As on 31-Mar-2026) | |
| Expense | 1.09% |
| (As on 31-Mar-2026) | |
| Risk Grade | Average |
| Return Grade | Average |
| Turnover | 34.00% |
UTI Banking and Financial Services Fund Returns
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| UTI Banking and Financial Services Dir | -1.90 | -0.83 | 8.07 | -1.36 | -0.87 | 4.74 | 17.32 | 15.47 | 11.14 | 13.38 |
| BSE Bankex TRI | -3.52 | -0.39 | 7.04 | -3.62 | -1.47 | 1.85 | 11.43 | 13.13 | 10.48 | 13.64 |
| Equity: Sectoral-Banking | -2.21 | -0.47 | 8.44 | -1.14 | 0.14 | 7.43 | 17.02 | 15.81 | 13.42 | 15.33 |
| Rank within category | 18 | 43 | 23 | 21 | 20 | 21 | 11 | 8 | 10 | 10 |
| Number of funds in category | 40 | 45 | 43 | 40 | 39 | 37 | 19 | 13 | 11 | 11 |
Peer Comparison of UTI Banking and Financial Services Fund
| 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 and Financial Services Dir | 3 star | 4.74 | 17.32 | 15.47 | 1.09 | 1,213 | 11.89 | 1.00 (30) | 13Y 3M | 34.00 |
| SBI Banking & Financial Services Dir | 4 star | 9.09 | 21.60 | 16.67 | 0.74 | 9,380 | 15.50 | 0.50 (30) | 11Y 1M | 89.00 |
| Nippon India Banking & Financial Srvices Dir | 4 star | 5.14 | 18.83 | 19.22 | 0.97 | 6,721 | 14.08 | 1.00 (30) | 13Y 3M | 24.00 |
| Mirae Asset Banking and Fin Srvcs Dir | 4 star | 8.64 | 19.15 | 16.96 | 0.61 | 1,975 | 17.12 | 1.00 (365) | 5Y 4M | 38.00 |
| Invesco India Financial Services Dir | 5 star | 11.68 | 23.18 | 19.09 | 0.81 | 1,480 | 16.02 | 1.00 (365) | 13Y 3M | 26.00 |
UTI Banking and Financial Services Fund Portfolio
| No. of Stocks | 31 |
| Top 10 Stocks | 72.62% |
| Top 5 Stocks | 54.03% |
| Top 3 Sectors | 96.21% |
| Portfolio P/B Ratio | 2.32 |
| Portfolio P/E Ratio | 17.28 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,67,899 | 2,58,648 |
| Giant (%) | — | — |
| Large (%) | 79.24 | 72.76 |
| Mid (%) | 12.26 | 20.08 |
| Small (%) | 8.50 | 10.33 |
| Tiny (%) | — | — |
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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