- Mutual Funds
- UTI Mutual Fund
- UTI Banking & PSU Debt Fund ion (PIDCW-A)
Formerly UTI Banking & PSU Debt Reg Ann DP
UTI Banking & PSU Debt Fund ion (PIDCW-A)
₹ 12.218
NAV (Sep 29)
Banking and psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 12.218
NAV (Sep 29)
Fund Returns
Last 1Y | 6.6% |
Last 3Y | 6.5% |
Last 5Y | 5.3% |
Last 10Y | NA |
Since Inception | 5.4% |
6 Month CAGR | 3.4% |
Scheme Information
The investment objective of the scheme is to generate reasonable income,with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities issued by Banks,Public Sector Undertakings (PSUs),Public Financial Institutions (PFIs) and Municipal Bonds. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.
Expense Ratio | 0.57 |
Launched (7y ago) | Nov 07, 2016 |
AUM in Crores | 955.772 |
ISIN | INF789FAIU46 |
Lock-in | No Lock-in |
Benchmark | CRISIL Banking and PSU Debt TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 3.3 |
Standard Deviation (5yr) | 4.4 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.485 |
Sharpe Ratio (5yr) | 0.062 |
YTM | 7.5 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| UTI Banking & PSU Debt Fund ion (PIDCW-A) | 8,32,037 | 99,425 | 5.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
7.38% govt stock 2027
21.1%rural electrification corporation limited
6.3%axis bank limited
5.7%icici bank limited
5.5%hindustan petroleum corporation limited
5.3%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
UTI Asset Management Company Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.7% | 6.8% | ||
21.6% | 11.6% | ||
5.1% | 7.2% | ||
23.2% | 14.9% | ||
20.4% | 15.5% |
UTI Banking & PSU Debt Fund ion (PIDCW-A) Review
UTI Banking & PSU Debt Fund ion (PIDCW-A) is a Banking And Psu Debt fund and has delivered an annualised return of 5.4% over a period of 6 years. The fund was previously known as UTI Banking & PSU Debt Reg Ann DP. The fund is managed by UTI Asset Management Co Ltd. The fund manager’s name is Anurag Mittal.
Nav of UTI Banking & PSU Debt Fund ion (PIDCW-A) as of 9/29/2023 is ₹12.22 with the total AUM as of 10/4/2023 is ₹955.772. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Banking & PSU Debt Fund ion (PIDCW-A) was launched on Nov 07, 2016. The category risk of the fund is Moderate Risk.
The minimum SIP amount for UTI Banking & PSU Debt Fund ion (PIDCW-A) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
UTI Banking & PSU Debt Fund ion (PIDCW-A) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Banking and PSU Debt TR INR.
UTI Banking & PSU Debt Fund ion (PIDCW-A) is rated as a 1 fund in Debt and delivered 6.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with UTI Banking & PSU Debt Fund ion (PIDCW-A).
Frequently Asked Questions
What is UTI Banking & PSU Debt Fund ion (PIDCW-A)?
How to invest in UTI Banking & PSU Debt Fund ion (PIDCW-A)?
You can invest in UTI Banking & PSU Debt Fund ion (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of UTI Banking & PSU Debt Fund ion (PIDCW-A)?
The minimum sip amount for UTI Banking & PSU Debt Fund ion (PIDCW-A) is ₹0. You can invest in multiples of ₹5000.
Is UTI Banking & PSU Debt Fund ion (PIDCW-A) good to invest in?
As per Scripbox experts, UTI Banking & PSU Debt Fund ion (PIDCW-A) is a Not Recommended fund. You can investUTI Banking & PSU Debt Fund ion (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the UTI Banking & PSU Debt Fund ion (PIDCW-A)?
The expense ratio of the UTI Banking & PSU Debt Fund ion (PIDCW-A) is 0.57% for regular plan.