| Investment Objective The objective of the scheme is 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. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. |
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| Inception Date |
7th April, 2004 | ||||||||||||
| Fund Manager |
Ms. Preethi R S, MBA , IIM Kozhikode BE, Computer Science RVCE , Bengaluru Managing the scheme since May 2022 | ||||||||||||
| Fund AUM |
Fund size monthly average : 1004.45 Crore Closing AUM : 1022.09 Crore |
||||||||||||
| High/Low NAV in the month |
High Growth Option : 156.7367 Low Growth Option : 151.3892 |
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Total expense ratio (%) |
Regular : 2.24 Direct : 1.15 |
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Minimum Investment Amount |
Growth, IDCW: 5,000/- | ||||||||||||
Plans/Options
(Regular / Direct) |
Growth option IDCW option with Payout and Reinvestment | ||||||||||||
| Market Capitalisation (%) |
|
||||||||||||
Load Structure |
Entry Load : Nil Exit Load : < 30 days – 1%; ≥ 30 days – Nil |
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NAV per unit as on 31st January, 2024 |
Regular Growth Option 156.3285 Regular IDCW Option 60.8422 Direct Growth Option 175.4858 Direct IDCW Option 68.6820 |
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Benchmark Index |
Nifty Financial Services TRI | ||||||||||||
SIP/SWP/STRIP |
 |
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| Fund Size | 1004.45 Crore (Monthly Average as on 31/1/2024) | ||||||||||||
Overweight (Top 5) |
% of Nav |
Underweight (Top 5) |
% of Nav |
| Karur Vysya Bank Ltd. | 4.23 |
HDFC Bank Ltd. | -15.74 |
| Indian Renewable Energy Development Agency Ltd | 4.17 |
State Bank Of India | -7.01 |
| IndusInd Bank Ltd. | 3.95 |
ICICI Bank Ltd | -3.61 |
| Indian Bank | 3.03 |
Kotak Mahindra Bank Ltd. | -3.55 |
| Nippon Life India Asset Management Ltd | 2.83 |
Axis Bank Ltd. | -3.05 |
UTI Banking and Financial Fund (Formerly known as UTI Banking Sector Fund) IDCW Declared |
||||||
Year |
IDCW |
Per unt |
NAV (Cum Div ) |
Face Value (per unit) |
NAV Date |
Record Date |
2005 |
25% |
2.50 |
15.62 |
10.00 |
22-09-2005 |
29-09-2005 |
2007 |
35% |
3.50 |
19.02 |
10.00 |
23-05-2007 |
30-05-2007 |
2009 |
22% |
2.20 |
19.04 |
10.00 |
04-09-2009 |
11-09-2009 |
2010 |
10% |
1.00 |
22.78 |
10.00 |
24-06-2010 |
01-07-2010 |
2011 |
25% |
2.50 |
24.20 |
10.00 |
27-01-2011 |
03-02-2011 |
2011 |
25% |
2.50 |
21.82 |
10.00 |
04-05-2011 |
09-05-2011 |
2015 |
25% |
2.50 |
31.8833 |
10.00 |
16-07-2015 |
23-07-2015 |
2016 |
25% |
2.50 |
30.6179 |
10.00 |
03-08-2016 |
10-08-2016 |
The scheme IDCW details under regular plan.
Disclaimer: Pursuant to payment of Dividend/Bonus, the Nav of the income distribution cum capital withdrawal options of the schemes would fall to the extent of payout and statutory levy (if applicable)
| Financial Services | 99% |
|
Equity
|
% of NAV
|
| ICICI Bank Ltd | 18.06 |
| HDFC Bank Ltd. | 14.00 |
| Axis Bank Ltd. | 5.85 |
| Bajaj Finance Ltd. | 5.53 |
| SBI Life Insurance Company Ltd. | 4.57 |
| Kotak Mahindra Bank Ltd. | 4.52 |
| Karur Vysya Bank Ltd. | 4.23 |
| Indian Renewable Energy Development Agency Ltd | 4.17 |
| IndusInd Bank Ltd. | 3.95 |
| Indian Bank | 3.03 |
| Nippon Life India Asset Management Ltd | 2.83 |
| REC Ltd | 2.69 |
| Arman Financial Services Ltd | 2.08 |
| Shriram Finance Ltd | 1.90 |
| Canfin Homes Ltd. | 1.75 |
| Kfin Technologies Ltd | 1.72 |
| Max Financial Services Ltd. | 1.60 |
| Equitas Small Finance Bank Ltd | 1.58 |
| Star Health And Allied Insurance Company Ltd | 1.57 |
| India Shelter Finance Corporation Ltd | 1.54 |
| Aavas Financiers Ltd | 1.50 |
| Mahindra And Mahindra Financial Services Ltd | 1.32 |
| PB Fintech Ltd | 1.29 |
| HDFC Asset Management Company Ltd | 1.28 |
| One 97 Communications Ltd | 1.19 |
| Aditya Birla Sun Life AMC Ltd | 1.09 |
| Computer Age Management Services Ltd | 0.92 |
| Cholamandalam Investment And Fin. Co. Ltd | 0.90 |
| CSB Bank Ltd | 0.87 |
| Creditaccess Grameen Ltd | 0.76 |
| Others | 0.38 |
| Net Current Assets | 1.33 |
TOTAL |
100.00 |
% of top 10 stocks |
67.91 |
Median Market Cap ( Cr) |
288,102 |
Weighted Average Market Cap |
380,104 |
Number of Securities |
31 |
All figures given are provisional and unaudited. |
Quantitative Indicators |
Fund |
Benchmark |
Beta |
0.94 |
1 |
Standard Deviation (Annual) |
17.82% |
18.49% |
Sharpe ratio |
0.63% |
|
| Portfolio Turnover Ratio (Annual) | 0.49 |
|
| P/B | 4.23 |
3.48 |
| P/E | 25.75 |
22.43 |
| RoE | 16.51 |
17.09 |
| Fund Performance Vs Benchmark (CAGR) as on 31st January, 2024 Growth of 10000 |
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| Period | NAV Growth (%) |
Nifty Financial Services TRI (%) |
Nifty 50 TRI (%) |
NAV Growth TRI () |
Nifty Financial Services TRI () |
Nifty 50 TRI () |
| 1 Y | 27.86 |
14.37 |
24.35 |
12,786 |
11,437 |
12,435 |
| 3 Y | 18.14 |
12.87 |
18.19 |
16,489 |
14,379 |
16,510 |
| 5 Y | 11.41 |
13.05 |
16.29 |
17,169 |
18,471 |
21,276 |
| SI* | 14.87 |
17.33 |
14.69 |
156,280 |
237,897 |
151,495 |
B - Benchmark, AB - Additional Benchmark, TRI - Total Return Index Past performance may or may not be sustained in future. Different plans shall have a different expense structure. The performance details provided herein are of regular plan (growth option). Returns greater than 1 year period are Compound Annual Growth Rate (CAGR). Inception of UTI Banking & Financial Services Fund: 7-Apr-04. Date of allotment in the scheme/plan has been considered for inception date. Since Inception returns for SIP is calculated from 01-Dec-04. Preethi R S is managing the scheme since Apr-2023. Period for which scheme's performance has been provided is computed basis last day of the month-end preceding the date of advertisement. Load is not taken into consideration for computation of performance.
| Period | |||||||
|
Investment Amount ()
|
Value - Fund
() |
Nifty
Financial Services TRI () |
Nifty 50 TRI ()
|
Yield (%) Fund
|
Yield (%)
Nifty Financial Services TRI |
Yield (%)
Nifty 50 TRI |
|
1 Y |
120,000 |
140,651 |
127,117 |
138,471 |
33.26 |
11.14 |
29.62 |
3 Y |
360,000 |
470,879 |
417,927 |
459,553 |
18.22 |
9.92 |
16.50 |
5 Y |
600,000 |
916,325 |
834,932 |
947,510 |
16.95 |
13.17 |
18.32 |
7 Y |
840,000 |
1,323,271 |
1,336,146 |
1,496,823 |
12.75 |
13.02 |
16.20 |
10 Y |
1,200,000 |
2,247,934 |
2,499,312 |
2,594,881 |
12.06 |
14.04 |
14.74 |
15 Y |
1,800,000 |
4,886,192 |
6,138,415 |
5,566,777 |
12.30 |
14.94 |
13.82 |
SI* |
2,300,000 |
9,278,553 |
12,441,071 |
9,702,353 |
12.99 |
15.50 |
13.37 |
Note: Systematic Investment Plan (SIP) returns are worked out assuming investment of 10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into account.*Since inception for above mentioned schemes is taken for the period December 2004 to January 2024 (Since SIP facility was introduced in November 2004. Past performance may or may not be sustained in future.
*Investors should consult their Mutual Fund Distributor if in doubt about whether the product is suitable for them.
- Long term capital appreciation
- Investment predominantly in equity and equity related securities of companies engaged in banking and financial services activities.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
