Formerly UTI Banking & PSU Debt Reg Mn DR
However, Scripbox does not recommend investing in banking and psu mutual funds.
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.
₹ 389 Cr
The performance of the fund on a Fund Size metric has been Neutral
The performance of the fund on a Rolling Returns metric has been Poor
View all 8 analysis
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NAV (Aug 5)
6 Month CAGR
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.
Launched (6y ago)
Jan 13, 2016
AUM in Crores
CRISIL Banking and PSU Debt TR INR
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
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.
6.79% govt stock 202713.9%
7.38% govt stock 202711.7%
national housing bank7.8%
national bank for agriculture and rural development6.7%
export import bank of india6.5%
|Fund Name||Fund Size||Rolling Returns|
₹ 49,911 cr
₹ 14,870 cr
₹ 15,889 cr
₹ 14,702 cr
₹ 49,911 cr
UTI Asset Management Company Ltd
UTI Asset Management Co Ltd manages assets worth 182,142 crores and was set up on 3 December 1993. It's current offering of mutual fund schemes includes 60 equity,485 debt and 34 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
UTI Banking & PSU Debt Fund ion (RIDCW-M) is a Banking And Psu Debt fund and has delivered an annualised return of 5.9% over a period of 6 years. The fund was previously known as UTI Banking & PSU Debt Reg Mn DR. 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 (RIDCW-M) as of 8/5/2022 is ₹12.37 with the total AUM as of 8/8/2022 is ₹388.627. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Banking & PSU Debt 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 Debt 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 Debt 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 CRISIL Banking and PSU Debt TR INR.
UTI Banking & PSU Debt Fund ion (RIDCW-M) is rated as a 1 fund in Debt and delivered 9.4% 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 (RIDCW-M).
What is UTI Banking & PSU Debt Fund ion (RIDCW-M)?
How to invest in UTI Banking & PSU Debt Fund ion (RIDCW-M)?
You can invest in UTI Banking & PSU Debt 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 Debt Fund ion (RIDCW-M)?
The minimum sip amount for UTI Banking & PSU Debt Fund ion (RIDCW-M) is ₹1000. You can invest in multiples of ₹20000.
Is UTI Banking & PSU Debt Fund ion (RIDCW-M) good to invest in?
As per Scripbox experts, UTI Banking & PSU Debt Fund ion (RIDCW-M) is a Not Recommended fund. You can investUTI Banking & PSU Debt 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 Debt Fund ion (RIDCW-M)?
The expense ratio of the UTI Banking & PSU Debt Fund ion (RIDCW-M) is 0.31% for regular plan.