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  • UTI Mutual Fund
  • UTI Banking & PSU Fund ion (RIDCW-6M)

Formerly UTI Banking & PSU Debt Reg HY IDCW-R

UTI Mutual Fund

UTI Banking & PSU Fund ion (RIDCW-6M)

DebtBanking And Psu

13.253

NAV (Mar 27)

7.2%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in banking and psu mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Rolling Returns

Poor

The performance of the fund on a Rolling Returns metric has been Poor

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

13.253

NAV (Mar 27)

Fund Returns

Last 1Y
7.1%
Last 3Y
7.2%
Last 5Y
5.8%
Last 10Y
NA
Since Inception
5.8%
6 Month CAGR
3.5%

Scheme Information

Investment Objective

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
0.58
Launched (8y ago)
May 26, 2016
AUM in Crores
1019.515
ISIN
INF789FA1U38
Lock-in
No Lock-in
Benchmark
NIFTY Banking and PSU Debt A-II TR INR
SIP Minimum
1000
Lumpsum Min.
20000
Standard Deviation (3yr)
3.3
Standard Deviation (5yr)
4.3
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.541
Sharpe Ratio (5yr)
0.156
YTM
7.52
Fund Managers

Anurag Mittal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
UTI Banking & PSU Fund ion (RIDCW-6M)70%8,42,314 1,09,7025.8%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-03-27

Top Debt Holdings

7.38% govt stock 2027

20.8%
20.8%

rural electrification corporation limited

5.9%
5.9%

axis bank limited

5.4%
5.4%

icici bank limited

5.2%
5.2%

power finance corporation limited

4%
4%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 45,349 cr

₹ 14,455 cr

₹ 13,853 cr

₹ 12,072 cr

₹ 11,011 cr

amc-img

About the AMC

UTI Asset Management Company Ltd

UTI Asset Management Co Ltd manages assets worth 219,967 crores and was set up on 3 December 1993. It's current offering of mutual fund schemes includes 74 equity,579 debt and 34 hybrid funds.amc-img
phone-img022-62278000
Fund NameScripbox Opinion
Till Date CAGR

5.4%

6.8%

5.7%

7.3%

16%

11.9%

18.8%

15.1%

11.6%

9.4%

UTI Banking & PSU Fund ion (RIDCW-6M) Review

UTI Banking & PSU Fund ion (RIDCW-6M) is a Banking And Psu Debt fund and has delivered an annualised return of 5.8% over a period of 7 years. The fund was previously known as UTI Banking & PSU Debt Reg HY IDCW-R. The fund is managed by UTI Asset Management Co Ltd. The fund manager’s name is Anurag Mittal.

Nav of UTI Banking & PSU Fund ion (RIDCW-6M) as of 3/27/2024 is ₹13.25 with the total AUM as of 3/28/2024 is ₹1019.515. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Banking & PSU Fund ion (RIDCW-6M) was launched on May 26, 2016. The category risk of the fund is Moderate Risk.

The minimum SIP amount for UTI Banking & PSU Fund ion (RIDCW-6M) is ₹1000 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 ₹20000. Check your estimated returns on mutual funds by using sip calculator.

UTI Banking & PSU Fund ion (RIDCW-6M) 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 NIFTY Banking and PSU Debt A-II TR INR.

UTI Banking & PSU Fund ion (RIDCW-6M) is rated as a 1 fund in Debt and delivered 7.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with UTI Banking & PSU Fund ion (RIDCW-6M).

Frequently Asked Questions

What is UTI Banking & PSU Fund ion (RIDCW-6M)?

UTI Banking & PSU Fund ion (RIDCW-6M) is a Banking And Psu Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in UTI Banking & PSU Fund ion (RIDCW-6M)?

You can invest in UTI Banking & PSU Fund ion (RIDCW-6M) 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 Fund ion (RIDCW-6M)?

The minimum sip amount for UTI Banking & PSU Fund ion (RIDCW-6M) is ₹1000. You can invest in multiples of ₹20000.

Is UTI Banking & PSU Fund ion (RIDCW-6M) good to invest in?

As per Scripbox experts, UTI Banking & PSU Fund ion (RIDCW-6M) is a Not Recommended fund. You can investUTI Banking & PSU Fund ion (RIDCW-6M) 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 Fund ion (RIDCW-6M)?

The expense ratio of the UTI Banking & PSU Fund ion (RIDCW-6M) is 0.58% for regular plan.