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

Formerly UTI Banking & PSU Debt Reg Mn IDCW-R

UTI Mutual Fund

UTI Banking & PSU Fund ion (RIDCW-M)

DebtBanking And Psu

12.7303

NAV (Jun 14)

7.2%
3 Year CAGR
Scripbox Opinion
Neutral
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

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

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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

12.7303

NAV (Jun 14)

Fund Returns

Last 1Y
6.4%
Last 3Y
7.3%
Last 5Y
7.1%
Last 10Y
6.9%
Since Inception
7%
6 Month CAGR
3.8%

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
0.57
Launched (8y ago)
Jan 13, 2016
AUM in Crores
895.636
ISIN
INF789FC1HF8
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)
2.9
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.481
Sharpe Ratio (5yr)
0.485
YTM
7.61
Fund Managers

Anurag Mittal

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
UTI Banking & PSU Fund ion (RIDCW-M)70%8,59,104 1,26,4926.6%
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 2024-06-14

Top Debt Holdings

7.38% govt stock 2027

13.5%
13.5%

axis bank limited

6.1%
6.1%

icici bank limited

5.9%
5.9%

small industries development bank of india

5.6%
5.6%

export-import bank of india

5.6%
5.6%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)

₹ 10,797 cr

₹ 5,001 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

UTI Asset Management Company Ltd

UTI Asset Management Co Ltd manages assets worth 230,654 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

5.7%

6.9%

15%

12.1%

5.7%

6.8%

6%

7.3%

18.1%

15.4%

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

UTI Banking & PSU Fund ion (RIDCW-M) is a Banking And Psu Debt fund and has delivered an annualised return of 6.1% over a period of 8 years. The fund was previously known as UTI Banking & PSU Debt Reg Mn 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-M) as of 6/14/2024 is ₹12.73 with the total AUM as of 6/18/2024 is ₹895.636. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Banking & PSU Fund ion (RIDCW-M) was launched on Jan 13, 2016. The category risk of the fund is Moderate Risk.

The minimum SIP amount for UTI Banking & PSU Fund ion (RIDCW-M) 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-M) 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-M) is rated as a 3 fund in Debt and delivered 6.3% 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-M).

Frequently Asked Questions

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

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

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

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

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

As per Scripbox experts, UTI Banking & PSU Fund ion (RIDCW-M) is a Neutral fund. You can investUTI Banking & PSU Fund ion (RIDCW-M) 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-M)?

The expense ratio of the UTI Banking & PSU Fund ion (RIDCW-M) is 0.57% for regular plan.