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UTI Banking & Financial Services Fund

Equity - Sectoral

An open-ended equity scheme that invests in companies engaged in businesses of Banking, NBFC, Insurance and other Financial Services. The Fund focuses on well managed companies with a balance between compounders and turnaround opportunities.

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 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
View All
Name Weight(%)
Overweight (Top 5)
Underweight (Top 5)

Quantitative Indicators

Quantitative Indicators Fund Benchmark

Fund Managers

Frequently asked questions

    What are Banking & Financial Services Funds?

    Banking and Financial Services Funds are a type of equity funds that predominantly invest in companies that cater to the banking and financial sector. The sector comprises of universal banks, small finance banks, insurance companies, non-banking financial companies, HFCs, co-operatives, pension funds, mutual funds and other smaller financial entities.

    What is the investment objective of UTI Banking and Financial Services Fund?

    The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies/institutions engaged in the banking and financial services activities. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

    Who can invest in UTI Banking & Financial Services Fund?

    Investors willing to have a tactical allocation to their overall equity portfolio. Investors willing to increase the risk spectrum of their portfolio with an exposure to a sectoral philosophy of investing in stocks of companies engaged in banking & financial services.

    What is the taxation on UTI Banking & Financial Services Fund?

    Visit: https://doc.utimf.com/v1/AUTH_5b9dd00b-8132-4a21-a800-711111810cee/UTIContainer/UTI%20Tax%20Ready%20Reckoner_FY%202021-2220210325-055845.pdf?_ga=2.199849389.2057877468.1618121230-1748212671.1577075029

    What are the benefits of investing in UTI Banking & Financial Services Fund?

    - h4ersified in its approach by investing in companies within banking and financial services sector vis., companies engaged in retail & commercial banking, insurance, non-banking financial companies, co-operatives, pension funds, mutual funds, exchanges and other smaller financial entities.
    - Agnostic to market capitalization spectrum; that can help the fund deliver superior risk adjusted returns across market cycles.
    - The Fund may also take concentrated exposure to certain stocks based on the conviction and possibly could lead to increased alpha creation.