How to Invest in UTI Nifty Bank ETF?

You can easily invest in UTI Nifty Bank ETF in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for UTI Nifty Bank ETF from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in UTI Nifty Bank ETF as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does UTI Nifty Bank ETF provide?

The UTI Nifty Bank ETF has been there from 01 Sep 2020 and the average annual returns provided by this fund is 4.41% since its inception.

How much expense ratio is charged by UTI Nifty Bank ETF?

The term Expense Ratio used for UTI Nifty Bank ETF or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of UTI Nifty Bank ETF is 0.16% as of 03 Dec 2023...

What is the AUM of UTI Nifty Bank ETF?

The AUM, short for Assets Under Management of UTI Nifty Bank ETF is ₹2,950.21Cr as of 03 Dec 2023.

How to Redeem UTI Nifty Bank ETF?

If you want to sell your UTI Nifty Bank ETF holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of UTI Nifty Bank ETF?

You can select either SIP or Lumpsum investment of UTI Nifty Bank ETF based on your investment objective and risk tolerance.

What is the NAV of UTI Nifty Bank ETF?

The NAV of UTI Nifty Bank ETF is ₹45.55 as of 01 Dec 2023.

What is the PE and PB ratio of UTI Nifty Bank ETF?

The PE ratio ratio of UTI Nifty Bank ETF is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

UTI Nifty Bank ETF - NAV, Mutual Fund Performance & Portfolio

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UTI Nifty Bank ETF
Other
Index
Very High Risk
15.18%
3Y annualised
+0.75% 1D
1M
6M
1Y
3Y
All
 NAV: 01 Dec 2023₹45.55
Min. SIP amountNot Supported
RatingNA
Fund size₹2,950.21Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other Index
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA4.4%15.2%22.6%
Category averageNA11.0%18.2%NA
Rank with in categoryNA2411NA
Understand terms
Holdings (12)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity29.2%
ICICI Bank Ltd.
FinancialEquity23.2%
Kotak Mahindra Bank Ltd.
FinancialEquity10.0%
Axis Bank Ltd.
FinancialEquity9.8%
State Bank of India
FinancialEquity9.7%
Indusind Bank Ltd.
FinancialEquity6.6%
Bank Of Baroda
FinancialEquity2.5%
The Federal Bank Ltd.
FinancialEquity2.3%
AU Small Finance Bank Ltd.
FinancialEquity2.2%
IDFC First Bank Ltd.
FinancialEquity1.8%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
0.16%
23 Nov 2023 - 24 Nov 2023
0.16%
22 Nov 2023 - 23 Nov 2023
0.16%
20 Nov 2023 - 22 Nov 2023
0.16%
17 Nov 2023 - 20 Nov 2023
0.16%
16 Nov 2023 - 17 Nov 2023
0.16%
15 Nov 2023 - 16 Nov 2023
0.16%
13 Nov 2023 - 15 Nov 2023
0.16%
10 Nov 2023 - 13 Nov 2023
0.16%
09 Nov 2023 - 10 Nov 2023
0.16%
07 Nov 2023 - 09 Nov 2023
0.16%
06 Nov 2023 - 07 Nov 2023
0.16%
03 Nov 2023 - 06 Nov 2023
0.16%
02 Nov 2023 - 03 Nov 2023
0.16%
01 Nov 2023 - 02 Nov 2023
0.16%
31 Oct 2023 - 01 Nov 2023
0.16%
30 Oct 2023 - 31 Oct 2023
0.16%
27 Oct 2023 - 30 Oct 2023
0.16%
26 Oct 2023 - 27 Oct 2023
0.16%
25 Oct 2023 - 26 Oct 2023
0.16%
23 Oct 2023 - 25 Oct 2023
0.16%
20 Oct 2023 - 23 Oct 2023
0.16%
19 Oct 2023 - 20 Oct 2023
0.16%
18 Oct 2023 - 19 Oct 2023
0.16%
17 Oct 2023 - 18 Oct 2023
0.16%
16 Oct 2023 - 17 Oct 2023
0.16%
13 Oct 2023 - 16 Oct 2023
0.16%
12 Oct 2023 - 13 Oct 2023
0.16%
11 Oct 2023 - 12 Oct 2023
0.16%
10 Oct 2023 - 11 Oct 2023
0.16%
09 Oct 2023 - 10 Oct 2023
0.16%
06 Oct 2023 - 09 Oct 2023
0.16%
05 Oct 2023 - 06 Oct 2023
0.16%
04 Oct 2023 - 05 Oct 2023
0.16%
03 Oct 2023 - 04 Oct 2023
0.16%
29 Sep 2023 - 03 Oct 2023
0.16%
28 Sep 2023 - 29 Sep 2023
0.16%
27 Sep 2023 - 28 Sep 2023
0.16%
26 Sep 2023 - 27 Sep 2023
0.16%
25 Sep 2023 - 26 Sep 2023
0.16%
22 Sep 2023 - 25 Sep 2023
0.16%
21 Sep 2023 - 22 Sep 2023
0.16%
20 Sep 2023 - 21 Sep 2023
0.16%
18 Sep 2023 - 20 Sep 2023
0.16%
15 Sep 2023 - 18 Sep 2023
0.16%
14 Sep 2023 - 15 Sep 2023
0.16%
13 Sep 2023 - 14 Sep 2023
0.16%
12 Sep 2023 - 13 Sep 2023
0.16%
11 Sep 2023 - 12 Sep 2023
0.16%
08 Sep 2023 - 11 Sep 2023
0.16%
07 Sep 2023 - 08 Sep 2023
0.16%
06 Sep 2023 - 07 Sep 2023
0.16%
05 Sep 2023 - 06 Sep 2023
0.16%
04 Sep 2023 - 05 Sep 2023
0.16%
01 Sep 2023 - 04 Sep 2023
0.16%
31 Mar 2021 - 01 Sep 2023
0.16%
30 Sep 2020 - 31 Mar 2021
0.16%
Expense ratio, exit load and taxExpense ratio: 0.16%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementSharwan Kumar Goyal
Aug 2020 - Present
View details
Education
Mr.Goyal is B.Com, CFA and MMS.
Experience
He began his career with UTI in June 2006 and has 15 years of overall experience in Risk / Fund management. Presently he is working as Equity Fund Manager.
Also manages these schemes
UTI Nifty 50 Index Fund Direct Growth
UTI Multi Asset Allocation Fund Direct Growth
UTI Arbitrage Fund Direct Growth
UTI Focussed Equity Fund Series IV (1104 Days) Direct Growth
UTI Focussed Equity Fund Series VI (1150 Days) Direct Growth
UTI Nifty Next 50 Index Fund Direct Growth
UTI Nifty200 Momentum 30 Index Fund Direct Growth
UTI S&P BSE Sensex Index Fund Direct Growth
UTI S&P BSE Low Volatility Index Fund Direct Growth
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth
UTI Gold ETF FoF Direct Growth
UTI Silver ETF FoF Direct Growth
UTI Nifty 500 Value 50 Index Fund Direct Growth
UTI NIFTY50 Equal Weight Index Fund Direct Growth
UTI S&P BSE Housing Index Fund Direct Growth
Ayush Jain
May 2022 - Present
View details
Education
Mr. Jain is B.Com, C.A and CFA (level 1).
Experience
Prior to joining UTI Mutual Fund, he has worked with PMS and Anand Saklecha & Co..
Also manages these schemes
UTI Nifty 50 Index Fund Direct Growth
UTI Nifty Next 50 Index Fund Direct Growth
UTI Nifty200 Momentum 30 Index Fund Direct Growth
UTI S&P BSE Sensex Index Fund Direct Growth
UTI S&P BSE Low Volatility Index Fund Direct Growth
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth
UTI Gold ETF FoF Direct Growth
UTI Silver ETF FoF Direct Growth
UTI Nifty 500 Value 50 Index Fund Direct Growth
UTI NIFTY50 Equal Weight Index Fund Direct Growth
UTI S&P BSE Housing Index Fund Direct Growth
Fund house & investment objective
UTI Mutual Fund
Rank (total assets)#8 in India
Total AUM₹2,58,722.96Cr
Date of Incorporation14 Nov 2002
 UTI Nifty Bank ETF is a Other Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 14 Nov 2002. Sharwan Kumar Goyal is the Current Fund Manager of UTI Nifty Bank ETF fund. The fund currently has an Asset Under Management(AUM) of ₹2,58,723 Cr and the Latest NAV as of 01 Dec 2023 is ₹45.55.
The UTI Nifty Bank ETF is rated Very High risk.
;
Investment ObjectiveThe scheme seeks to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
;
Fund benchmarkNIFTY Bank Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
UTI Tower, Plot C-1, GN Block,Banrda Kurla Complex, Bandra (East) Mumbai 400051
Phone
0263 2296993
Launch Date
14 Nov 2002
E-mail
NA
Website
www.utimf.com
UTI Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
UTI Nifty Bank ETF
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Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	4.4%	15.2%	22.6%
Category average	NA	11.0%	18.2%	NA
Rank with in category	NA	24	11	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	29.2%
ICICI Bank Ltd.	Financial	Equity	23.2%
Kotak Mahindra Bank Ltd.	Financial	Equity	10.0%
Axis Bank Ltd.	Financial	Equity	9.8%
State Bank of India	Financial	Equity	9.7%
Indusind Bank Ltd.	Financial	Equity	6.6%
Bank Of Baroda	Financial	Equity	2.5%
The Federal Bank Ltd.	Financial	Equity	2.3%
AU Small Finance Bank Ltd.	Financial	Equity	2.2%
IDFC First Bank Ltd.	Financial	Equity	1.8%

Rank (total assets)	#8 in India
Total AUM	₹2,58,722.96Cr

Date of Incorporation	14 Nov 2002

Fund benchmark	NIFTY Bank Total Return Index

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Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	NA
Fund size	₹2,950.21Cr

UTI Nifty Bank ETF

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (12)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.16%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Sharwan Kumar GoyalAug 2020 - PresentView details

Ayush JainMay 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Sharwan Kumar Goyal
Aug 2020 - Present
View details

Ayush Jain
May 2022 - Present
View details