• 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

168.755

NAV (Jun 20)

11.1%
5 Year CAGR
Scripbox Opinion
Neutral
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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Want the equity funds that are right for your long term equity investment needs?Learn more

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

168.755

NAV (Jun 20)

Fund Returns

Last 1Y
26.9%
Last 3Y
15.6%
Last 5Y
10.8%
Last 10Y
11.7%
Since Inception
15%
6 Month CAGR
11.4%

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
2.23
Launched (20y ago)
Apr 07, 2004
AUM in Crores
1056.185
ISIN
INF789F01372
Lock-in
No Lock-in
Benchmark
Nifty Financial Services TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
14.9
Standard Deviation (5yr)
27.1
Beta (3yr)
0.91
Beta (5yr)
1.06
Sharpe Ratio (3yr)
0.489
Sharpe Ratio (5yr)
0.262
YTM
0
Fund Managers

Preethi S

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 and Financial Services Fund (Growth)70%9,62,096 2,29,48411.1%
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 2024-06-20

Top Stock Holdings

icici bank ltd

15.9%
15.9%

hdfc bank ltd

15%
15%

axis bank ltd

7.8%
7.8%

bajaj finance ltd

6%
6%

shriram finance ltd

3.9%
3.9%
See all holdings

Allocation by Sector

financial services

97.6%
97.6%

technology

0.8%
0.8%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 19,454 cr

₹ 15,161 cr

₹ 22,620 cr

₹ 42,669 cr

₹ 63,933 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%

15.4%

12.1%

6%

7.3%

5.7%

6.8%

18.6%

15.4%

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 15% over a period of 20 years. The fund was previously known as UTI Banking Sector Gr. The fund is managed by UTI Asset Management Co Ltd. The fund manager’s name is Preethi S.

Nav of UTI Banking and Financial Services Fund (G) as of 6/20/2024 is ₹168.75 with the total AUM as of 6/21/2024 is ₹1056.185. 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 Nifty Financial Services TR INR.

UTI Banking and Financial Services Fund (G) is rated as a 2 fund in Equity and delivered 27% 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 instruments 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 Neutral 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 2.23% for regular plan.