| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.83% |
| NAV | ₹77.19 (12 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹470 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 23.4% |
| ICICI Bank Ltd. | Financial | Equity | 13.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 9.6% |
| Axis Bank Ltd. | Financial | Equity | 8.9% |
| State Bank of India | Financial | Equity | 7.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 6.3% |
| ICICI Prudential Life Insurance Company Ltd. | Financial | Equity | 3.7% |
| RBL Bank Ltd. | Financial | Equity | 3.2% |
| ICICI Securities Ltd. | Financial | Equity | 3.1% |
| Bajaj Finance Ltd. | Financial | Equity | 2.5% |
UTI Banking and Financial Services Fund Direct Plan Growth is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sudhir Agrawal is the Current Fund Manager of UTI Banking and Financial Services Fund Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹470 Cr and the Latest NAV as of 12 Aug 2020 is ₹77.19.
The UTI Banking and Financial Services Fund Direct Plan Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed less than 1 year
Investment objective is capital appreciation through investments in the stocks of the companies/institutions engaged in the banking and financial services activities
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.