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UTI Banking and Financial Services Fund Regular Plan Growth+0.31%

-10.63%
1 Year Return
Equity
Sectoral/Thematic
2.0star
6M
1Y
3Y
5Y
All

Fund Details

UTI Banking and Financial Services Fund Regular Plan Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio2.54%
NAV92.28 (01 Dec 2020)
Fund Started09 Mar 2004
Fund Size518 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
-10.6%
-2.5%
7.9%
12.5%
Category Average
-9.3%
0.5%
7.7%
-
Rank Within Category
20
14
11
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -10.6% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Age is more than 10 years
    3. 10Y Returns are higher than the category average returns
    Cons
    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

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity23.2%
    ICICI Bank Ltd.FinancialEquity14.3%
    Axis Bank Ltd.FinancialEquity9.9%
    Housing Development Finance Corpn. Ltd.FinancialEquity8.9%
    State Bank of IndiaFinancialEquity7.5%
    Kotak Mahindra Bank Ltd.FinancialEquity6.9%
    ICICI Prudential Life Insurance Company Ltd.FinancialEquity3.2%
    RBL Bank Ltd.FinancialEquity2.8%
    Cholamandalam Investment & Finance Co. Ltd.FinancialEquity2.4%
    Indusind Bank Ltd.FinancialEquity2.3%
    See All

    Fund Managers

    UTI Banking and Financial Services Fund Regular Plan Growth Details

    UTI Banking and Financial Services Fund Regular Plan Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹518 Cr and the Latest NAV as of 01 Dec 2020 is ₹92.28.

    The UTI Banking and Financial Services Fund Regular 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

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed less than 1 year
    Exit Load

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    About UTI Mutual Fund

    Address
    UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East) Mumbai 400051
    Phone
    022-66786666
    Launch Date
    01 Feb 2003
    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,
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