Name: UTI Banking and Financial Services Fund Direct Plan IDCW
Brand: UTI Mutual Fund

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UTI Banking and Financial Services Fund Direct Plan IDCW
Debt
Banking and PSU
Moderate Risk
4.18%
1Y return
0.00% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 17 Sep 2021₹51.56
Min. SIP amount₹500
Rating2star
Fund size₹745.35 Cr
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 returns4.2%4.3%5.4%6.8%
Category average4.4%8.4%7.7%NA
Rank with in category181715NA
Understand termsinfo
Holdings (17)NameSectorInstrumentAssets
GOI
SovereignGOI Sec11.5%
Food Corporation of India
FMCGBonds8.1%
Export-Import Bank Of India
FinancialCD7.6%
National Highways Authority of India Ltd.
ServicesNCD5.9%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture5.8%
Chennai Petroleum Corporation Ltd.
EnergyNCD5.8%
Oil & Natural Gas Corporation Ltd.
EnergyDebenture5.8%
Housing & Urban Development Corporation Ltd.
FinancialDebenture5.0%
Indian Railway Finance Corporation Ltd.
FinancialBonds4.1%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture4.0%
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 Jul 2021 - Present
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: 1.41%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 termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementSudhir Agrawal
Jan 2014 - Present
View details
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Education
Mr.Sudhir Agrawal is a M.Com, PGDBA (Finance) and a CFA.
Experience
Prior to joining UTI he has worked with TATA Asset Management Ltd., Tramp Value Pvt. Ltd. and CARE Ratings.
Also manages these schemes
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UTI Treasury Advantage Fund Regular Plan Growth
UTI Treasury Advantage Fund Discontinued IDCW Periodic
UTI Treasury Advantage Fund Regular Plan IDCW Daily
UTI Treasury Advantage Fund Regular Plan IDCW Weekly
UTI Treasury Advantage Fund Regular Plan IDCW Monthly
UTI Treasury Advantage Fund Discontinued Flexi IDCW
UTI Short term Income Discontinued Regular Plan IDCW Quarterly
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UTI Short term Income Direct Growth
UTI Short term Income Direct IDCW Quarterly
UTI Treasury Advantage Fund Direct IDCW Quarterly
UTI Treasury Advantage Fund Direct Growth
UTI Treasury Advantage Fund Direct IDCW Monthly
UTI Treasury Advantage Fund Direct IDCW Daily
UTI Treasury Advantage Fund Direct Bonus
UTI Treasury Advantage Fund Direct IDCW Weekly
UTI Ultra Short Term Fund Direct IDCW Daily
UTI Ultra Short Term Fund Direct IDCW Weekly
UTI Ultra Short Term Fund Direct Growth
UTI Ultra Short Term Fund Regular Flexi IDCW
UTI Ultra Short Term Fund Direct Flexi IDCW
UTI Short term Income Direct Flexi IDCW
UTI Banking & PSU Debt Fund Regular Growth
UTI Banking & PSU Debt Fund Direct Growth
UTI Banking & PSU Debt Fund Regular IDCW Quarterly
UTI Banking & PSU Debt Fund Direct IDCW Quarterly
UTI Short term Income Direct IDCW Half Yearly
UTI Ultra Short Term Fund Direct IDCW Monthly
UTI Ultra Short Term Fund Regular IDCW Monthly
UTI Ultra Short Term Fund Regular IDCW Fortnightly
UTI Ultra Short Term Fund Direct IDCW Fortnightly
UTI Short term Income Regular Plan IDCW Monthly
UTI Short term Income Direct IDCW Monthly
UTI Ultra Short Term Fund Direct IDCW Quarterly
UTI Treasury Advantage Fund Direct IDCW Half Yearly
UTI Ultra Short Term Fund Regular IDCW Quarterly
UTI Banking & PSU Debt Fund Regular Flexi IDCW
UTI Banking & PSU Debt Fund Direct Flexi IDCW
UTI Banking & PSU Debt Fund Direct IDCW Monthly
UTI Ultra Short Term Fund Regular IDCW Yearly
UTI Ultra Short Term Fund Regular IDCW Half Yearly
UTI Treasury Advantage Fund Direct IDCW Fortnightly
UTI Short term Income Direct IDCW Yearly
UTI Banking & PSU Debt Fund Regular IDCW Monthly
UTI Banking & PSU Debt Fund Regular IDCW Half Yearly
UTI Ultra Short Term Fund Direct IDCW Yearly
UTI Banking & PSU Debt Fund Regular IDCW Yearly
UTI Banking & PSU Debt Fund Direct IDCW Yearly
UTI Banking & PSU Debt Fund Direct IDCW Half Yearly
UTI Corporate Bond Fund Direct  Growth
UTI Corporate Bond Fund Direct Flexi IDCW
UTI Corporate Bond Fund Direct IDCW Yearly
UTI Corporate Bond Fund Regular Growth
UTI Corporate Bond Fund Direct IDCW Quarterly
UTI Floater Fund Regular Growth
UTI Floater Fund Regular IDCW Half Yearly
UTI Floater Fund Direct IDCW Quarterly
UTI Floater Fund Direct Flexi IDCW
UTI Floater Fund Direct IDCW Yearly
UTI Floater Fund Direct Growth
Fund house & investment objective
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UTI Mutual Fund
Rank (total assets)#8 in India
Total AUM1,80,599.47 Cr
Date of Incorporation01 Feb 2003
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 i
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 01 Feb 2003. 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 ₹1,80,599 Cr and the Latest NAV as of 17 Sep 2021 is ₹51.56.
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
descriptionScheme Information Document(SID)
Fund house contact details
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Address
UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East) Mumbai 400051
Phone
022-66786666
Launch Date
01 Feb 2003
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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	1Y	3Y	5Y	All
Fund returns	4.2%	4.3%	5.4%	6.8%
Category average	4.4%	8.4%	7.7%	NA
Rank with in category	18	17	15	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	11.5%
Food Corporation of India	FMCG	Bonds	8.1%
Export-Import Bank Of India	Financial	CD	7.6%
National Highways Authority of India Ltd.	Services	NCD	5.9%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	5.8%
Chennai Petroleum Corporation Ltd.	Energy	NCD	5.8%
Oil & Natural Gas Corporation Ltd.	Energy	Debenture	5.8%
Housing & Urban Development Corporation Ltd.	Financial	Debenture	5.0%
Indian Railway Finance Corporation Ltd.	Financial	Bonds	4.1%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	4.0%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	2
Fund size	₹745.35 Cr