Navigate Up
  • Chat online
  • Write to us
  • 1800 22 1230

UTI Banking Sector Fund

Rating (source: Value Research)

NAV as on 27/05/2016 for

Rs. 65.7540.3126 (0.48%)
SMS: LNF to 5676756to get scheme details and NAV
  • Overview

  • Performance

  • Portfolio

  • Fund
    Manager
  • Scheme
    Documents
  • Load
    Structure
  • Management
    Commentary
  • Creation Unit/
    Portfolio
Investment Objective

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

  • Investment objectiveis "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)
402.00 (as of 30th Apr 2016 )
Number of investors
51239 (as of 30th Apr 2016 )
Min. Investment
5000
Last Dividend
N.A.
Bonus
N.A.
Options Available

Growth option, Dividend option with Payout and Reinvestment

(SIP, SWP & Trigger)

Fund Managers
Fund Manager

Mr. Lalit Nambiar

Lalit Nambiar is a Commerce Graduate and has done his Masters of Management Studies (MMS) and Chartered Financial Analyst (CFA).

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
Portfolio (as of Apr 2016)

Sectoral Breakdown
(% as compared to Benchmark)

Market Capitalisation (%)

Large Mid Small
71.00 25.00 4.00

View complete asset allocation

This product is suitable for investors who are seeking*:

  • Long term capital growth
  • Investment primarily in equity instuments of companies engaged in banking and financial services activities
  • High Risk Level

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

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 2016)
Asset Allocation (as of 30th Apr 2016)

Market Capitalisation (%)

Large Mid Small
71.00 25.00 4.00
Detailed Portfolio (as of 30th Apr 2016)
Equity % to NAV
NCA 5.99
KARUR VYSYA BANK LTD. 1.60
MAGMA FINCORP LTD. 1.54
MUTHOOT FINANCE LTD 1.41
HDFC BANK LTD. 24.24
INDIAN BANK 0.81
JAMMU & KASHMIR BANK LTD. 0.65
STATE BANK OF BIKANER & JAIPUR 0.18
STATE BANK OF INDIA 1.88
IDFC LTD. 1.43
IDFC BANK LTD 0.64
AXIS BANK LTD. 8.81
UJJIVAN FINANCIAL SERVICES PVT LTD 0.93
DEWAN HSG FINANCE CORPORATION LTD 1.97
INDUS IND BANK LTD. 9.65
MAHINDRA & MAHINDRA FIN.SER.LTD. 6.34
YES BANK LTD. 4.46
FEDERAL BANK LTD. 3.31
EQUITAS HOLDINGS LTD 3.23
REPCO HOME FINANCE LTD. 2.90
HDFC LTD. 2.71
ICICI BANK LTD 15.32
Fund Manager - Biography
Fund Manager

Mr. Lalit Nambiar

Lalit Nambiar is a Commerce Graduate and has done his Masters of Management Studies (MMS) and Chartered Financial Analyst (CFA). He has been associated with UTI AMC Ltd. since December 2006. He is presently functioning as a Co-Fund Manager & Head of Research. He has an overall industry experience of 15 years having worked with good corporates like IIT Investrust Ltd., UTI Securities Exchange Ltd. and SBI Capital Markets Ltd.

Existing Exit Load (As % of NAV)
Less than one year - 1%
Greater than or equal to one Year- Nil
Already have this Fund?

Things you should know to make the best investment decision

Register with us
and recieve benefits:

  • Get tips on investment
  • Bust your myths
  • Get NAV alerts
  • Recieve emails on market outlook
....and much more!

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

DESIGNED BY : Indigo Consulting
DEVELOPED BY :  Prosares Solution Pvt Ltd