UTI Banking and Financial Services Fund Direct Plan Growth

Equity
Sectoral / Thematic
Very High Risk
16.95%
3Y annualised
-1.69% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 15 Apr 2024₹174.75
Min. SIP amount₹500
Rating2
Fund size₹1,031.88Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns26.0%16.9%10.0%11.7%
Category average29.8%20.3%12.7%NA
Rank with in category11611NA
Understand terms

Holdings (33)

NameSectorInstrumentAssets
FinancialEquity17.43%
FinancialEquity14.50%
FinancialEquity5.78%
InsuranceEquity4.84%
FinancialEquity4.67%
FinancialEquity3.98%
FinancialEquity3.97%
FinancialEquity3.86%
FinancialEquity3.50%
FinancialEquity3.39%
See All

Pros and cons

Category: Equity Sectoral / Thematic

Pros

Cons

Lower expense ratio: 1.18%
Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher alpha: 2.76 The fund has generated returns higher than benchmark - NIFTY Financial Services Total Return Index - in the last 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.18%

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 30 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns 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 amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Preethi R S
May 2022 - Present
View details

Education
Ms. R S is B.E and MBA (Finance).
Experience
Prior to joining UTI Mutual Fund, she has worked with PwC India.
Also manages these schemes

Fund house & investment objective

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
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,

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