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.
The performance of the fund on a Fund Size metric has been Poor
The performance of the fund on a Rolling Returns metric has been Poor
NAV (Dec 1)
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 (9y ago)
Feb 03, 2014
AUM in Crores
CRISIL Banking and PSU Debt TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|UTI Banking & PSU Fund (Growth)||8,36,128||1,03,516||5.5%|
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.
7.38% govt stock 202721.2%
rural electrification corporation limited6.3%
axis bank limited5.8%
icici bank limited5.5%
net current assets4.3%
UTI Asset Management Company Ltd
|Fund Name||Scripbox Opinion||Till Date CAGR|
UTI Banking & PSU Fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 6.9% over a period of 9 years. The fund was previously known as UTI Banking & PSU Debt Reg Gr. The fund is managed by UTI Asset Management Co Ltd. The fund manager’s name is Anurag Mittal.
Nav of UTI Banking & PSU Fund (G) as of 12/1/2023 is ₹19.33 with the total AUM as of 12/3/2023 is ₹947.705. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Banking & PSU Fund (G) was launched on Feb 03, 2014. The category risk of the fund is Moderate Risk.
The minimum SIP amount for UTI Banking & PSU 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 & PSU Fund (G) 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 Fund (G) is rated as a 1 fund in Debt and delivered 6.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with UTI Banking & PSU Fund (G).
What is UTI Banking & PSU Fund (G)?
How to invest in UTI Banking & PSU Fund (G)?
You can invest in UTI Banking & PSU 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 & PSU Fund (G)?
The minimum sip amount for UTI Banking & PSU Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is UTI Banking & PSU Fund (G) good to invest in?
As per Scripbox experts, UTI Banking & PSU Fund (G) is a Not Recommended fund. You can investUTI Banking & PSU 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 & PSU Fund (G)?
The expense ratio of the UTI Banking & PSU Fund (G) is 0.57% for regular plan.