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UTI - Banking Sector Fund Rating (source: Value Research)

NAV as on 16/05/2012 for

Rs. 35.150-0.69 (1.96%)
SMS: LNF to 5676756to get scheme details and NAV
  • Overview
  • Performance
  • Portfolio
  • Fund Manager
  • Scheme Documents
  • Fees
Investment Objective

Investment will be made in stocks of those companies engaged in the following areas:

  • An open-ended equity fund with the objective to provide capital appreciation through investments in the stocks of the companies/institutions engaged in the banking and financial services activities.
Investment Information
Fund type
Open end Equity Fund
Date of Inception
07/04/2004
Investment Plan
Growth Retail
Fund size (Rs.Cr)
369.83 (as of 30th Apr 2012 )
Number of investors
70667 (as of 30th Apr 2012 )
Min. Investment
5000
Last Dividend
N.A.
Bonus
N.A.
Options Available

SIP & SWP & Trigger
Fund Managers
Fund Manager

Mr. Arun Khurana

Arun Khurana is B.Com, MFC.

Know More
Who Should Invest
  1. Suitable for a regular equity investor who has a higher risk appetite. Such a fund can be used to complement their core portfolio holdings. Suggested investment horizon is 2- 3 years
Performance (as of 31st Mar 2012)

Absolute Returns

Period Returns (%)
2009-2010 115.01
2010-2011 27.34
2011-2012 -11.98
Since Inception 18.89
View detailed performance
Portfolio (as of 17th May 2012)

Sectoral Breakdown
(% as compared to Benchmark)

Market Capitalisation (%)

Large Mid Small
86.00 13.00 1.00

View complete asset allocation

Scenario 1:
Mr.Singh has invested Rs.1,00,000 in this fund since December 2000. See how his funds have performed over time.

Scenario 2:
Mr.Singh has invested Rs.1,00,000 in this fund since December 2000. See how his funds have performed over time.

Sectoral Breakdown (as of 30th Apr 2012)
Asset Allocation (as of 30th Apr 2012)

Market Capitalisation (%)

Large Mid Small
86.00 13.00 1.00
Detailed Portfolio (as of 30th Apr 2012)
Equity % to NAV
IDBI BANK LTD. 0.89
PUNJAB & SIND BANK LTD. 0.57
UNION BANK OF INDIA 1.85
DENA BANK 0.63
INDIAN OVERSEAS BANK LTD 0.59
POWER FINANCE CORPORATION LTD. 0.58
ANDHRA BANK 0.58
FUTURE CAPITAL HOLDINGS LTD. 0.33
CORPORATION BANK 0.33
INDIAN BANK 0.30
YES BANK LTD. 0.00
UNITED BANK OF INDIA 0.14
ALLAHABAD BANK 0.11
NCA 4.14
RURAL ELECTRIFICATION CORPORATION LTD. 0.08
ICICI BANK LTD 23.86
FEDERAL BANK LTD. 1.05
HDFC BANK LTD. 18.34
STATE BANK OF INDIA 14.16
AXIS BANK LTD. 9.58
BANK OF BARODA 4.58
INDUS IND BANK LTD. 2.28
CANARA BANK 2.77
ORIENTAL BANK OF COMMERCE 2.06
UCO BANK 2.04
ING VYSYA BANK LIMITED. 1.97
INFRASTRUCTURE DEVT FINANCE CO.LTD 1.14
BANK OF INDIA 1.72
PUNJAB NATIONAL BANK 3.33
Fund Manager - Biography
Fund Manager

Mr. Arun Khurana

Mr. Arun Khurana is Bcom, MFC. He has been with UTI AMC since December 2007. He is an Assistant Vice President. He has worked in the areas of International Finance, Dealing and Funds Management – Income. Presently he is functioning as a Fund Manager of UTI Banking Sector Fund, and UTI Service Sector Fund. He has an overall experience of 15 years.

Prior to UTI he has been with Prime Securitites Ltd from May 94 to February 96 as Manager, Equities Research,H G Asia from February 96 to October 96 as Trader, Anand Rathi Securities Ltd from October 97 to December 98 as Trader, Merwanjee Securities from April 99 to August 2000 as Asst Vice President (Sales), UTI Securities Ltd from August 2000 to February 2002 as Asst Vice President -Equities Sales, India Bulls Financial Services Ltd from March 2002 to April 2003 as Vice President and Head-Institutional Equities, IL&FS Investsmart Ltd from May 2003 to December 2003 as Asst Vice President-Equities Research & Banking Sector, Prabhudas Lilladher Pvt Ltd from December 2003 to June 2004 as Senior Research Analyst-Banking Sector and Mid Caps, Tata Mutual Fund from June 2004 to January 2006 as Senior Research Analyst.

Download Fund Documents
Load Structure
Entry Load Holding Period Exit Load
NIL < 1Year 1%
NIL >= 1Year NIL
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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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