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UTI Banking Sector Fund

Rating (source: Value Research)

NAV as on 18/10/2017 for

Rs. 96.418-0.1 (0.1%)
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)
644.65 (as of 30th Sep 2017 )
Number of investors
61356 (as of 30th Sep 2017 )
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 Executive Vice President and Fund Manager (Equity).

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 Mar 2017)

Sectoral Breakdown
(% as compared to Benchmark)

Market Capitalisation (%)

Large Mid Small
70.00 27.00 3.00

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 Jun 2017)
Asset Allocation (as of 31st Mar 2017)

Market Capitalisation (%)

Large Mid Small
70.00 27.00 3.00
Detailed Portfolio (as of 30th Jun 2017)
Equity % to NAV
MAHINDRA & MAHINDRA FIN.SER.LTD. 4.62
DCB BANK LTD 4.69
INDUS IND BANK LTD. 8.36
ICICI BANK LTD 17.00
HDFC BANK LTD. 23.34
BANK OF BARODA 3.91
LIC HOUSING FINANCE LTD. 0.84
DEWAN HSG FINANCE CORPORATION LTD 1.41
NCA 5.49
IDFC LTD. 1.07
KOTAK MAHINDRA BANK LTD. 4.17
KARUR VYSYA BANK LTD. 1.28
FEDERAL BANK LTD. 3.95
YES BANK LTD. 1.54
AU SMALL FINANCE BANK LTD 1.56
CARE RATINGS LTD 1.81
AXIS BANK LTD. 1.88
SHRIRAM TRANSPORT FINANCE CO.LTD. 2.10
JAMMU & KASHMIR BANK LTD. 2.82
L&T FINANCE HOLDINGS LTD. 3.26
EQUITAS HOLDINGS LTD 3.75
PNB HOUSING FINANCE LTD. 1.15
Fund Manager - Biography
Fund Manager

Mr. Lalit Nambiar

Lalit Nambiar is Executive Vice President and Fund Manager (Equity). He is a commerce graduate from Narsee Monjee College of Commerce, Mumbai and holds a post-graduate degree in management (MMS) from Sydenham Institute of Management, Mumbai University. He also holds a CFA charter awarded to him in 2005 by the CFA Institute, USA. He began his career in June 1994, with IIT InvesTrust Limited, where, after a brief stint in investment banking, he joined their equity research team and eventually covered Banks and Consumer Staples. He joined UTI Securities Limited in 1999, where he added the Healthcare sector to his research repertoire. In Jan'04, he joined SBI Capital Markets Limited in the role of a senior analyst, covering multiple sectors while also helping mentor a team of analysts. Lalit joined UTI AMC Limited in Dec'06 as a Vice President in Securities Research. He took up portfolio responsibilities in July'07.

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