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UTI Banking & PSU Debt Fund

Debt - Banking & PSU Debt Fund

UTI Banking and PSU Debt Fund is an open-ended debt scheme investing primarily in high quality debt securities issued by Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds, having AAA and equivalent credit rating (at the time of investment). The scheme is currently following a roll-down investment strategy starting Jun 2022 and portfolio maturity tends to reduce ordinarily with time. Given the high credit quality & visibility on duration, UTI Banking & PSU Debt Fund is a suitable proposition for an investor’s core allocation.

Snapshot

Fund Type
Inception
Risk Metric
Returns
1 Year
3 Year
5 Year
NAV
as of -

Fund Facts

Month End AuM
Monthly Avg. AuM
No. of Folio Accounts
Minimum Investment Amount
Total Expense Ratio
Benchmark Index
Special Facitilities
Exit Load

Fund Overview

Scheme Riskometer

In terms of SEBI Circular No. SEBI/HO/IMD/IMD-II DOF 3/P/CIR/2021/573 dated June 07, 2021, all debt schemes of UTI Mutual Fund have been classified in terms of a Potential Risk Class (PRC) Matrix, consisting of maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme) that a scheme can take, effective December 1, 2021.
Potential Risk Class B-III

Fund Performance

Period Fund Performance Vs Benchmark (CAGR) Growth for Rs 10,000 /-
NAV (%) NAV (Rs)

"Different plans have a different expense structure. The performance details provided herein are of Regular plan." * CAGR - Compounded annualized Growth Rate

"Different plans have a different expense structure. The performance details provided herein are of Regular plan." * CAGR - Compounded annualized Growth Rate

Portfolio

Fund Benchmark Net
Current Asset Allocation
Top 10 Holdings
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Name Weight(%)

Fund Managers

Frequently asked questions

    What are UTI banking and psu debt fund?

    UTI Banking & PSU Debt Fund is an open ended debt scheme. Fund aims to generate accrual income by investing predominantly in PSU and Banking corporate bonds. The scheme also takes tactical exposure to g-sec with an aim to actively manage duration and generate capital appreciation

    Who should Invest in UTI banking and psu debt fund

    • Investors looking towards reasonable returns and liquidity over short to medium term
    •Investors who are not satisfied with the investments in conventional fixed income avenues like bank deposit, post office instruments etc.
    • Investors seeking to do asset allocation across various asset classes
    • Investors having moderate risk appetite with an investment horizon of 1 year and above

    How to Invest in UTI Banking and psu debt fund?

    Investors can simply log on to utimf.com or use UTI Mutual Fund Application and start investing subject to KYC compliance. Investors may also approach nearest UTI Financial Centers (UFCs). Alternatively, you may also approach your mutual fund distributor, financial advisor or various online platform for investments.

    Tax Implication on UTI banking and psu debt fund?

    UTI Banking & PSU Debt Fund will attract capital gains tax if the redemption value is more than the purchase price. The gains can either be short term or long term in nature.
    If you hold units for 3 years or less, the gains made are subject to Short-Term Capital Gains Tax and are taxed as per your income slab. If you hold the units for more than three years, the gains are subject to Long-Term Capital Gains Tax which is taxed at 20% and you would get the benefit of indexation (available to debt funds). Indexation accounts for the effect of inflation in the acquisition purchase cost i.e. the purchase price is increased to adjust for inflation (using an index provided by the Government) before calculating the capital gain. Thus, it reduces the overall tax liability.

    What are the benefits of investing in UTI banking and psu debt fund?

    • UTI Banking and PSU Debt Fund aims to provide reasonable income through investing in debt instruments issued by Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds
    • The fund invests in the 1 to 3 years segment to capitalize on yield movement at the shorter end of the curve

    How to invest in UTI Banking & PSU debt funds?

    Investors can simply log on to utimf.com or use UTI Mutual Fund Application and start investing subject to KYC compliance. Investors may also approach nearest UTI Financial Centers (UFCs). Alternatively, you may also approach your mutual fund distributor, financial advisor or various online platform for investments.