Fund Details
UTI Banking and Financial Services Fund Regular Plan Dividend
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.50% |
| NAV | ₹39.13 (15 Jan 2021) |
|---|---|
| Fund Started | 09 Mar 2004 |
| Fund Size | ₹653 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Age is more than 10 years
3. 10Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Risk is higher compared to the benchmark
4. Higher expense ratio
5. 1Y Returns are lower than the benchmark
6. 3Y Returns are lower than the benchmark
7. 5Y Returns are lower than the benchmark
8. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
9. Risk-adjusted returns are lower compared to the category
10. Higher expense ratio - 2.83%
11. 3Y Returns are lower than the category average returns
12. 5Y Returns are lower than the category average returns
13. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 23.4% |
| ICICI Bank Ltd. | Financial | Equity | 14.1% |
| Axis Bank Ltd. | Financial | Equity | 9.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 8.3% |
| State Bank of India | Financial | Equity | 7.9% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 6.1% |
| ICICI Prudential Life Insurance Company Ltd. | Financial | Equity | 2.9% |
| RBL Bank Ltd. | Financial | Equity | 2.9% |
| Indusind Bank Ltd. | Financial | Equity | 2.7% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 2.5% |
Fund Managers
UTI Banking and Financial Services Fund Regular Plan Dividend Details
UTI Banking and Financial Services Fund Regular Plan Dividend is a Equity Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 09 Mar 2004. Sudhir Agrawal is the Current Fund Manager of UTI Banking and Financial Services Fund Regular Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹653 Cr and the Latest NAV as of 15 Jan 2021 is ₹39.13.
The UTI Banking and Financial Services Fund Regular Plan Dividend 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
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.
Tax Implications
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.
