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UTI Banking Sector Fund

Rating (source: Value Research)

NAV as on 19/12/2014 for

Rs. 68.7700.5802 (0.84%)

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  (Brown)

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

Note: Risk may be represented as:

  • (BLUE) investors understand that
    their principal will be at low risk
  • (YELLOW) investors understand that
    their principal will be at medium risk
  • (BROWN) investors understand that
    their principal will be at high risk
SMS: LNF to 5676756to get scheme details and NAV
  • Overview

  • Performance

  • Portfolio

  • Fund
    Manager
  • Scheme
    Documents
  • Load
    Structure
  • Management
    Commentary
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 Option - Direct
Fund size (Rs.Cr)
378.97 (as of 31st Oct 2014 )
Number of investors
51761 (as of 31st Oct 2014 )
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 Aug 2014)

Sectoral Breakdown
(% as compared to Benchmark)

Market Capitalisation (%)

Large Mid Small
81.00 19.00 0.00

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 31st Aug 2014)
Asset Allocation (as of 31st Aug 2014)

Market Capitalisation (%)

Large Mid Small
81.00 19.00 0.00
Detailed Portfolio (as of 31st Aug 2014)
Equity % to NAV
NCA 1.61
ORIENTAL BANK OF COMMERCE 1.75
KARUR VYSYA BANK LTD. 1.72
UNION BANK OF INDIA 1.68
LIC HOUSING FINANCE LTD. 1.56
KOTAK MAHINDRA BANK LTD. 1.19
IDFC LTD. 0.55
INDUS IND BANK LTD. 7.37
MAHINDRA & MAHINDRA FIN.SER.LTD. 1.77
CHOLAMANDALAM INVESTMENT & FINANCE COMPANY LTD 0.75
AXIS BANK LTD. 10.63
FEDERAL BANK LTD. 5.09
INDIAN BANK 2.05
HDFC BANK LTD. 21.58
STATE BANK OF INDIA 6.29
BANK OF BARODA 3.75
PUNJAB NATIONAL BANK 3.67
ING VYSYA BANK LIMITED. 2.07
ICICI BANK LTD 24.92
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.

Download Fund Documents
Existing Exit Load (As % of NAV) Revised Exit Load (As % of NAV)
< 1 year - 1.00%
>= 1 year - Nil
<= 548 days - 1.00%
>548 days - Nil
Our 3 step
online application process
1
Register at invest@uti to buy funds online.
2
Fill up the online application form and make payments online.
3
Print and sign the form and send it with required documents at our nearest office or our executive will come and collect them
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