UTI Banking and Financial Services Fund Direct Plan IDCW - NAV, Mutual Fund Performance & Portfolio

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UTI Banking and Financial Services Fund Direct Plan IDCW
Debt
Banking and PSU
Moderate Risk
Payout
4.28%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 25 Jan 2022₹49.92
Min. SIP amount₹500
Rating2
Fund size₹710.14Cr
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: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.3%4.3%4.7%6.6%
Category average4.4%8.4%7.7%NA
Rank with in category191715NA
Understand terms
Holdings (14)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialBonds/Deb8.9%
Export-Import Bank Of India
FinancialBonds8.8%
Power Finance Corporation Ltd.
FinancialBonds/NCD8.4%
Food Corporation of India
FMCGBonds6.7%
NHPC Ltd.
EnergyBonds6.7%
National Bank For Agriculture & Rural Development
FinancialCP5.0%
Oil & Natural Gas Corporation Ltd.
EnergyDebenture4.9%
Housing & Urban Development Corporation Ltd.
FinancialDebenture4.2%
Hindustan Petroleum Corporation Ltd.
EnergyDebenture3.4%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture3.4%
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
31 Dec 2021 - Present
0.16%
30 Nov 2021 - 31 Dec 2021
0.17%
31 Oct 2021 - 30 Nov 2021
0.16%
30 Sep 2021 - 31 Oct 2021
0.16%
31 Aug 2021 - 30 Sep 2021
0.17%
31 Jul 2021 - 31 Aug 2021
0.22%
30 Jun 2021 - 31 Jul 2021
0.23%
31 May 2021 - 30 Jun 2021
0.23%
30 Apr 2021 - 31 May 2021
0.24%
31 Mar 2021 - 30 Apr 2021
0.25%
28 Feb 2021 - 31 Mar 2021
0.25%
31 Jan 2021 - 28 Feb 2021
0.25%
31 Dec 2020 - 31 Jan 2021
0.26%
30 Nov 2020 - 31 Dec 2020
0.26%
31 Oct 2020 - 30 Nov 2020
0.26%
30 Sep 2020 - 31 Oct 2020
0.31%
31 Aug 2020 - 30 Sep 2020
0.31%
31 Jul 2020 - 31 Aug 2020
0.30%
30 Jun 2020 - 31 Jul 2020
0.25%
31 May 2020 - 30 Jun 2020
0.20%
30 Apr 2020 - 31 May 2020
0.25%
31 Mar 2020 - 30 Apr 2020
0.25%
29 Feb 2020 - 31 Mar 2020
0.25%
31 Jan 2020 - 29 Feb 2020
0.25%
31 Dec 2019 - 31 Jan 2020
0.25%
30 Nov 2019 - 31 Dec 2019
0.25%
31 Oct 2019 - 30 Nov 2019
0.25%
30 Sep 2019 - 31 Oct 2019
0.24%
31 Aug 2019 - 30 Sep 2019
0.24%
31 Jul 2019 - 31 Aug 2019
0.24%
30 Jun 2019 - 31 Jul 2019
0.20%
31 May 2019 - 30 Jun 2019
0.20%
30 Apr 2019 - 31 May 2019
0.20%
31 Mar 2019 - 30 Apr 2019
0.20%
28 Feb 2019 - 31 Mar 2019
0.20%
31 Jan 2019 - 28 Feb 2019
0.20%
31 Dec 2018 - 31 Jan 2019
0.20%
30 Nov 2018 - 31 Dec 2018
0.20%
31 Oct 2018 - 30 Nov 2018
0.21%
30 Sep 2018 - 31 Oct 2018
0.21%
31 Aug 2018 - 30 Sep 2018
0.21%
31 Jul 2018 - 31 Aug 2018
0.21%
30 Jun 2018 - 31 Jul 2018
0.21%
31 May 2018 - 30 Jun 2018
0.21%
30 Apr 2018 - 31 May 2018
0.19%
31 Mar 2018 - 30 Apr 2018
0.15%
28 Feb 2018 - 31 Mar 2018
0.21%
31 Jan 2018 - 28 Feb 2018
0.22%
31 Dec 2017 - 31 Jan 2018
0.22%
30 Nov 2017 - 31 Dec 2017
0.22%
31 Oct 2017 - 30 Nov 2017
0.22%
Expense ratio, exit load and taxExpense ratio: 1.34%Inclusive of GST
Exit loadExit load of 1%, if redeemed within 30 days.
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 investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementAnurag Mittal
Dec 2021 - Present
View details
Education
Mr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science.
Experience
Prior to joining IDFC AMC, he worked with HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).
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Fund house & investment objective
UTI Mutual Fund
Rank (total assets)#8 in India
Total AUM₹2,16,491.18Cr
Date of IncorporationNA
 UTI Banking and Financial Services Fund Direct Plan IDCW is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made availa
 UTI Banking and Financial Services Fund Direct Plan IDCW is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 26 Jan 2022. Sudhir Agrawal is the Current Fund Manager of UTI Banking and Financial Services Fund Direct Plan IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,16,491 Cr and the Latest NAV as of 25 Jan 2022 is ₹49.92.
The UTI Banking and Financial Services Fund Direct Plan IDCW is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1%, if redeemed within 30 days.
...Read more
Investment Objective
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies/institutio
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.
...Read more
Fund benchmarkNIFTY Financial Services TRI
Scheme Information Document(SID)
Fund house contact details
Address
UTI Tower, 'GN' Block,Bandra-Kurla Complex,Bandra (East), Mumbai 400051
Phone
022- 66786666 / 66786354 / 1800-22-1230
Launch Date
NA
E-mail
[email protected]
Website
NA
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
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FAQsHow to Invest in UTI Banking and Financial Services Fund Direct Plan IDCW
You can easily invest in UTI Banking and Financial Services Fund Direct Plan IDCW 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 Banking and Financial Services Fund Direct Plan IDCW 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 Banking and Financial Services Fund Direct Plan IDCW as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does UTI Banking and Financial Services Fund Direct Plan IDCW provide?
The UTI Banking and Financial Services Fund Direct Plan IDCW has been there from 01 Jan 2013 and the average annual returns provided by this
fund is 3.30% since its inception.
How much expense ratio is charged by UTI Banking and Financial Services Fund Direct Plan IDCW?
The term Expense Ratio used for UTI Banking and Financial Services Fund Direct Plan IDCW 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 Banking and Financial Services Fund Direct Plan IDCW is 1.34% as of 26 Jan 2022...
What is the AUM of UTI Banking and Financial Services Fund Direct Plan IDCW?
The AUM, short for Assets Under Management of UTI Banking and Financial Services Fund Direct Plan IDCW is ₹710.14Cr as of 26 Jan 2022.
How to Redeem UTI Banking and Financial Services Fund Direct Plan IDCW?
If you want to sell your UTI Banking and Financial Services Fund Direct Plan IDCW 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 Banking and Financial Services Fund Direct Plan IDCW?
You can select either SIP  or Lumpsum  investment of UTI Banking and Financial Services Fund Direct Plan IDCW based on your investment objective and risk tolerance.
What is the NAV of UTI Banking and Financial Services Fund Direct Plan IDCW?
The NAV of UTI Banking and Financial Services Fund Direct Plan IDCW is ₹49.92 as of 25 Jan 2022.
What is the PE and PB ratio of UTI Banking and Financial Services Fund Direct Plan IDCW?
The PE ratio ratio of UTI Banking and Financial Services Fund Direct Plan IDCW 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).

	1Y	3Y	5Y	All
Fund returns	3.3%	4.3%	4.7%	6.6%
Category average	4.4%	8.4%	7.7%	NA
Rank with in category	19	17	15	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Bonds/Deb	8.9%
Export-Import Bank Of India	Financial	Bonds	8.8%
Power Finance Corporation Ltd.	Financial	Bonds/NCD	8.4%
Food Corporation of India	FMCG	Bonds	6.7%
NHPC Ltd.	Energy	Bonds	6.7%
National Bank For Agriculture & Rural Development	Financial	CP	5.0%
Oil & Natural Gas Corporation Ltd.	Energy	Debenture	4.9%
Housing & Urban Development Corporation Ltd.	Financial	Debenture	4.2%
Hindustan Petroleum Corporation Ltd.	Energy	Debenture	3.4%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	3.4%

Rank (total assets)	#8 in India
Total AUM	₹2,16,491.18Cr

Date of Incorporation	NA

Fund benchmark	NIFTY Financial Services TRI

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	2
Fund size	₹710.14Cr