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 20.99% 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 0.18% as of 01 Feb 2026...

What is the AUM of UTI Nifty Bank ETF?

The AUM, short for Assets Under Management of UTI Nifty Bank ETF is ₹3,981.04Cr as of 01 Feb 2026.

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 ₹60.20 as of 01 Feb 2026.

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).

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UTI Nifty Bank ETF

Name: UTI Nifty Bank ETF
Brand: UTI Mutual Fund

Equity

Sectoral

Very High Risk

+14.42%

3Y annualised

-0.58% 1D

All

NAV: 01 Feb '26

₹60.20

Min. SIP amount

Not Supported

Fund size

₹3,981.04 Cr

Expense ratio

0.18%

Holdings (14)

Name	Sector	Instruments	Assets
HDFC Bank Ltd.	Financial	Equity	25.14%
ICICI Bank Ltd.	Financial	Equity	20.17%
State Bank of India	Financial	Equity	9.63%
Axis Bank Ltd.	Financial	Equity	9.29%
Kotak Mahindra Bank Ltd.	Financial	Equity	9.23%
The Federal Bank Ltd.	Financial	Equity	4.31%
Indusind Bank Ltd.	Financial	Equity	3.69%
AU Small Finance Bank Ltd.	Financial	Equity	3.60%
IDFC First Bank Ltd.	Financial	Equity	3.59%
Bank Of Baroda	Financial	Equity	3.49%
Canara Bank	Financial	Equity	3.34%
Punjab National Bank	Financial	Equity	2.85%
Yes Bank Ltd.	Financial	Equity	0.87%
Union Bank of India	Financial	Equity	0.80%

See All

Minimum investments

Min. for 1st investment

Not Supported

Min. for 2nd investment

Not Supported

Min. for SIP

Not Supported

Returns and rankings

Annualised returns

Absolute returns

Name	1Y	3Y	5Y	All
Fund returns	+21.0%	+14.4%	+15.0%	+19.4%
Category average (Equity Sectoral)	+16.5%	+14.4%	+16.1%	--
Rank (Equity Sectoral)	17	18	12	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Check past data

Fund management

SKG
Sharwan 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 Multi Asset Allocation Fund Plan Growth

UTI BSE Sensex Index Fund Growth

UTI Gold ETF FoF Growth

UTI Nifty200 Quality 30 Index Fund Growth

UTI Nifty Midcap 150 Quality 50 Index Fund Growth

UTI BSE Housing Index Fund Growth

UTI NIFTY50 Equal Weight Index Fund Growth

UTI Arbitrage Fund Plan Growth

UTI Nifty Bank ETF

UTI Nifty 500 Value 50 Index Fund Growth

UTI BSE Sensex Next 50 ETF Growth

UTI Silver ETF FoF Growth

UTI Nifty Private Bank Index Fund Growth

UTI Nifty India Manufacturing Index Fund Growth

UTI Nifty 50 Index Fund Plan Growth

UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Growth

UTI Nifty Next 50 Exchange Traded Fund Growth

UTI Nifty IT ETF Growth

UTI Nifty Alpha Low Volatility 30 Index Fund Growth

UTI Gold Exchange Traded Fund

UTI Nifty Midcap 150 Index Fund Growth

UTI Nifty Midcap 150 ETF Growth

UTI Quant Fund Growth

UTI Nifty Next 50 Index Fund Growth

UTI BSE Low Volatility Index Fund Growth

UTI Nifty200 Momentum 30 Index Fund Growth

UTI BSE Sensex ETF IDCW

UTI Nifty 50 ETF

AJ
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 BSE Sensex Index Fund Growth

UTI Gold ETF FoF Growth

UTI Nifty200 Quality 30 Index Fund Growth

UTI Nifty Next 50 Exchange Traded Fund Growth

UTI Nifty Midcap 150 Quality 50 Index Fund Growth

UTI BSE Housing Index Fund Growth

UTI NIFTY50 Equal Weight Index Fund Growth

UTI Nifty IT ETF Growth

UTI Nifty Alpha Low Volatility 30 Index Fund Growth

UTI Gold Exchange Traded Fund

UTI Nifty Midcap 150 Index Fund Growth

UTI Nifty Midcap 150 ETF Growth

UTI Nifty Bank ETF

UTI Nifty Next 50 Index Fund Growth

UTI BSE Low Volatility Index Fund Growth

UTI Nifty 500 Value 50 Index Fund Growth

UTI Nifty200 Momentum 30 Index Fund Growth

UTI BSE Sensex Next 50 ETF Growth

UTI Silver ETF FoF Growth

UTI Nifty Private Bank Index Fund Growth

UTI BSE Sensex ETF IDCW

UTI Nifty 50 ETF

UTI Nifty India Manufacturing Index Fund Growth

UTI Nifty 50 Index Fund Plan Growth

UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Growth

About UTI Nifty Bank ETF

UTI Nifty Bank ETF is a Equity 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 ₹3,94,217 Cr and the Latest NAV as of 01 Feb 2026 is ₹60.20. The UTI Nifty Bank ETF is rated Very High risk. ;

Investment Objective

The 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)