UTI NIFTY PRIVATE BANK INDEX FUND

An open-ended scheme replicating/ tracking Nifty Private Bank TRI | Data as on 31 July 2026

Investment Objective
The Investment objective of the Scheme is to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved
Date of inception/allotment
20th September, 2024
Fund Manager
Mr. Sharwan Kumar Goyal, B.Com, CFA, MMS Managing the scheme since September 2024
Total Exp: 19 Yrs
Mr Ayush Jain, Assistant Fund Manager, B.com, CA Managing the scheme since September 2024
Total Exp: 7 Yrs
Mr. Lokesh Kulthia (Asst. Fund Manager) - B.Com (Hons), MBA (Finance), PGPFM, EPAT, Managing the scheme Since June, 2026
Total Exp: 7 Yrs
Fund AUM/Folio as on 31st July, 2026
Fund Size Monthly Average : 221.68 Crore
Closing AUM : 220.32 Crore
No. of Folios : 16,246
High/Low NAV in the month
High Growth Option : 10.4781
Low Growth Option : 10.0246
Month-end Total Expense Ratio (%)*
Regular : 1.05
Direct : 0.59
*For detailed YTD Total Expense Ratio refer to Click Here
Minimum Investment Amount
Minimum initial investment amount is 1,000/- and in multiples of 1/-
Plans/Options (Regular / Direct)
Growth Option
Market Capitalisation (%)
Large
Mid
Small
Fund 80 17 3
Benchmark 80 17 3
Load Structure
Entry Load *: Nil (Not Applicable as per SEBI guidelines)
Exit Load : Nil
*In terms of provision no. 11.7.1 of para 11.7 under Chapter 11 of SEBI Master Circular for Mutual Funds no entry load will be charged by the Scheme to the investor
NAV per unit as on 31st July, 2026
Regular Growth Option : 10.1127
Direct Growth Option : 10.2086
Tracking error as on 31st July, 2026
Benchmark Index
Nifty Private Bank TRI
Financial Services 100%
% of top 10 stocks 
99.61
Median Market Cap ( Cr) 
7,75,613
Weighted Average Market Cap 
6,20,540
Number of Securities 
10
All figures given are provisional and unaudited.
Fund
Benchmark
Portfolio Turnover Ratio (Annual)
0.20
Equity
% of NAV
ICICI Bank Ltd  22.10
HDFC Bank Ltd.  19.95
Kotak Mahindra Bank  Ltd.  19.57
Axis Bank Ltd.  18.21
The Federal Bank Ltd.  6.02
IndusInd Bank Ltd.  4.54
IDFC First Bank Ltd. 3.83
Yes Bank Ltd.  2.72
RBL Bank Ltd.  1.58
Bandhan Bank Ltd.  1.08
Net Current Assets 0.39
TOTAL 100.00
Fund Performance Vs Benchmark (CAGR) as on 31st July, 2026 Growth of 10000
Period
NAV Growth (%)
Nifty Private Bank TRI (%)
Nifty 50 TRI (%)
NAV Growth()
Nifty Private Bank TRI ()
Nifty 50 TRI ()
1 Y 1.15 2.21 -0.43 10,115 10,221 9,957
SI* 0.60 1.42 -1.82 10,112 10,266 9,664

Past performance may or may not be sustained in future. Different plans have a different expense structure. The performance details provided herein are of regular plan growth option. Date of allotment in the scheme/plan has been considered for inception date. Returns less than 1 year are Simple Annualized Growth Rate. Returns greater than 1 year period are Compound Annual Growth Rate (CAGR). The Schemes is Managed by the Fund Manager Mr. Sharwan Kumar Goyal, Mr Ayush Jain (Asst. Fund Manager) & Mr. Lokesh Kulthia (Asst. Fund Manager). Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement. In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation of returns. Load is not taken into consideration for computation of performance.

Period
Investment Amount ()
Fund Value
()
Nifty 500 TRI ()
Nifty 50 TRI ()
Yield (%) Fund
Yield (%)
Nifty 500 TRI
Yield (%)
Nifty 50 TRI
1 Y 1,20,000 1,21,054 1,21,727 1,19,609 1.64 2.69 -0.61
SI 2,30,000 2,37,020 2,39,500 2,32,436 3.06 4.14 1.07

Note: Systematic Investment Plan (SIP) returns are worked out assuming investment of 10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into account. Past performance may or may not be sustained in future.

This product is suitable for investors who are seeking*:

  • Returns that are commensurate with the performance of the Nifty Private Bank Index over long term, subject to tracking error.
  • Investment in securities covered by the Nifty Private Bank Index
Riskometer

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