- Mutual Funds
- UTI Mutual Fund
- UTI Banking and Financial Services Fund (RIDCW-I)
UTI Banking and Financial Services Fund (RIDCW-I)
₹ 67.9398
NAV (Oct 17)
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).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 67.9398
NAV (Oct 17)
Fund Returns
Last 1Y | 24.5% |
Last 3Y | 12% |
Last 5Y | 13.6% |
Last 10Y | 11.5% |
Since Inception | 15% |
6 Month CAGR | 12.7% |
Scheme Information
The scheme seeks 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.
Expense Ratio | 2.2% |
Launched 20Y ago | 2004-04-07 |
AUM in Crores | 1191.8 |
ISIN | INF789F01364 |
Lock-in | No Lock-in |
Benchmark | NIFTY Financial Services Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 15.4 |
Beta | 0.9 |
Sharpe Ratio | 0.7 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| UTI Banking and Financial Services Fund (RIDCW-I) | 10,25,191 | 2,92,579 | 13.6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
HDFC Bank Ltd.
20.23%ICICI Bank Ltd.
13.74%Axis Bank Ltd.
7.23%Shriram Finance Ltd
4.46%REC Ltd.
3.84%Allocation by Sector
Financial
91.22%Insurance
4.68%Services
0.76%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 26,417 cr | ||
₹ 24,508 cr | ||
₹ 66,206 cr | ||
₹ 51,197 cr | ||
₹ 17,770 cr |
About the AMC
UTI Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6.4% | 7.3% | ||
6% | 6.8% | ||
6.1% | 6.9% | ||
15.8% | 15.3% | ||
20.1% | 14.2% |
UTI Banking and Financial Services Fund (RIDCW-I) Review
UTI Banking and Financial Services Fund (RIDCW-I) is a Sectoral / Thematic - Bfsi Equity fund and has delivered an annualised return of 14.95% over 20 years. The fund has grown over a period of 20 years. The fund is managed by UTI Mutual Fund. The fund manager’s name is Preethi R S.
Nav of UTI Banking and Financial Services Fund (RIDCW-I) as of 10/17/2024 is ₹67.94 with the total AUM as of 10/18/2024 is ₹1191.78. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Banking and Financial Services Fund (RIDCW-I) was launched on 2004-04-07. The category risk of the fund is Above Average.
The minimum SIP amount for UTI Banking and Financial Services Fund (RIDCW-I) 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 (RIDCW-I) 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 Total Return Index.
Scripbox provides a compare mutual funds research tool to view a detailed comparison with UTI Banking and Financial Services Fund (RIDCW-I).
Frequently Asked Questions
What is UTI Banking and Financial Services Fund (RIDCW-I)?
How to invest in UTI Banking and Financial Services Fund (RIDCW-I)?
You can invest in UTI Banking and Financial Services Fund (RIDCW-I) 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 (RIDCW-I)?
The minimum sip amount for UTI Banking and Financial Services Fund (RIDCW-I) is ₹1000. You can invest in multiples of ₹5000.
Is UTI Banking and Financial Services Fund (RIDCW-I) good to invest in?
According to Scripbox opinion, it is a 2-star fund. You can invest in this fund if its investment objective and risk level align with your goals and risk preferences.
What is the expense ratio of the UTI Banking and Financial Services Fund (RIDCW-I)?
The expense ratio of the UTI Banking and Financial Services Fund (RIDCW-I) is 2.2% for regular plan.
What is the NAV of UTI Banking and Financial Services Fund (RIDCW-I)?
Today's UTI Banking and Financial Services Fund (RIDCW-I) NAV is ₹67.94.