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 |
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% |
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
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.
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.