• Mutual Funds
  • UTI Mutual Fund
  • UTI Banking and Financial Services Fund (Growth)

Formerly UTI Banking Sector Gr

UTI Mutual Fund

UTI Banking and Financial Services Fund (Growth)

EquitySectoral / Thematic - Bfsi

129.6091

NAV (Dec 02)

6%
5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in sectoral / thematic - bfsi mutual funds.

Sectoral / thematic - bfsi funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

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

Outperformance Consistency

Satisfactory

The performance of the fund on a Outperformance Consistency metric has been Satisfactory

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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

129.6091

NAV (Dec 2)

Fund Returns

Last 1Y

11.1%

Last 3Y

8.2%

Last 5Y

6%

Last 10Y

10.7%

Since Inception

14.7%

6 Month CAGR

19.2%

Scheme Information

Investment Objective

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies/institutions engaged in the banking and financial services activities. However,there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Expense Ratio

2.33

Launched (18y ago)

Apr 07, 2004

AUM in Crores

841.399

ISIN

INF789F01372

Lock-in

No Lock-in

Benchmark

IISL Nifty Financial Services TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

33.4

Standard Deviation (5yr)

28.9

Beta (3yr)

1.08

Beta (5yr)

1.08

Sharpe Ratio (3yr)

0.286

Sharpe Ratio (5yr)

0.179

YTM

0

Fund Managers

Preethi S

Fund Manager

Amit Premchandani

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2022-12-02

Top Stock Holdings

icici bank ltd

18.5%
18.5%

hdfc bank ltd

18.3%
18.3%

axis bank ltd

9.8%
9.8%

state bank of india

9.5%
9.5%

housing development finance corp ltd

6.2%
6.2%
See all holdings

Allocation by Sector

financial services

97%
97%

technology

0.7%
0.7%
See all sectors

Compare UTI Banking and Financial Services Fund (Growth)

Fund NameFund SizeOutperformance Consistency
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,865 cr

₹ 10,427 cr

₹ 15,580 cr

₹ 10,427 cr

₹ 15,580 cr

About the AMC

UTI Asset Management Company Ltd

UTI Asset Management Co Ltd manages assets worth 190,891 crores and was set up on 3 December 1993. It's current offering of mutual fund schemes includes 60 equity,488 debt and 31 hybrid funds.

amc-img

  • 022-62278000
  • invest@utico.in
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.1%

    6.8%

    16.7%

    11.8%

    3.9%

    6.7%

    17.7%

    14.7%

    16.8%

    15.7%

    UTI Banking and Financial Services Fund (G) Review

    UTI Banking and Financial Services Fund (G) is a Sectoral / Thematic - Bfsi Equity fund and has delivered an annualised return of 14.7% over a period of 18 years. The fund was previously known as UTI Banking Sector Gr. The fund is managed by UTI Asset Management Co Ltd. The fund managers are Amit Premchandani, Preethi S.

    Nav of UTI Banking and Financial Services Fund (G) as of 12/2/2022 is ₹129.61 with the total AUM as of 12/4/2022 is ₹841.399. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Banking and Financial Services Fund (G) was launched on Apr 07, 2004. The category risk of the fund is Very High Risk.

    The minimum SIP amount for UTI Banking and Financial Services Fund (G) 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 ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    UTI Banking and Financial Services Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty Financial Services TR INR.

    UTI Banking and Financial Services Fund (G) is rated as a 1 fund in Equity and delivered 11.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with UTI Banking and Financial Services Fund (G).

    Frequently Asked Questions

    What is UTI Banking and Financial Services Fund (G)?

    UTI Banking and Financial Services Fund (G) is a Sectoral / Thematic - Bfsi Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.

    How to invest in UTI Banking and Financial Services Fund (G)?

    You can invest in UTI Banking and Financial Services Fund (G) 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 and Financial Services Fund (G)?

    The minimum sip amount for UTI Banking and Financial Services Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is UTI Banking and Financial Services Fund (G) good to invest in?

    As per Scripbox experts, UTI Banking and Financial Services Fund (G) is a Not Recommended fund. You can investUTI Banking and Financial Services Fund (G) 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 and Financial Services Fund (G)?

    The expense ratio of the UTI Banking and Financial Services Fund (G) is 2.33% for regular plan.