UTI-Banking and Financial Services Fund-Dir (IDCW)


Sectoral / Thematic
  • NAV 74.31 (0.78%)
  • Fund Size (Cr) ₹1056.18
  • Expense Ratio 1.16
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹0
  • Exit Load 1%
  • Return Since Launch 12.37%

Basic Details

Scheme Manager
Preethi R S
Bench Mark
Nifty Financial Services TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 11-Jun-24
  • 10290.70
  • 2.91%
  • -
  • 2.38%
  • 201/685
  • 1 Month
  • 17-May-24
  • 10618.68
  • 6.19%
  • -
  • 6.14%
  • 303/676
  • 3 Month
  • 18-Mar-24
  • 11196.70
  • 11.97%
  • -
  • 15.08%
  • 430/668
  • 6 Month
  • 18-Dec-23
  • 10909.37
  • 9.09%
  • -
  • 21.14%
  • 530/620
  • 1 Year
  • 16-Jun-23
  • 12696.68
  • 26.97%
  • 26.97%
  • 46.43%
  • 462/538
  • 3 Year
  • 18-Jun-21
  • 15867.10
  • 58.67%
  • 16.64%
  • 22.21%
  • 300/442
  • 5 Year
  • 18-Jun-19
  • 17694.32
  • 76.94%
  • 12.09%
  • 22.14%
  • 346/370
  • Since Inception
  • 01-Jan-13
  • 38094.95
  • 280.95%
  • 12.37%
  • 22.24%
  • 578/685

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 03-Jul-23
  • 120000
  • 162321.53
  • 35.27%
  • 35.27%
  • 3 Year
  • 01-Jul-21
  • 360000
  • 576148.25
  • 60.04%
  • 16.97%
  • 5 Year
  • 01-Jul-19
  • 600000
  • 1158113.39
  • 93.02%
  • 14.06%
  • 10 Year
  • 01-Jul-14
  • 1200000
  • 2759071.62
  • 129.92%
  • 8.68%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment Type

  • Monthly Investment

  • Expected Returns Rate

    %
  • Time Period

    yrs

Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
Why Wait? Start Investing
  • Select Scheme

  • Investment Type

  • Monthly Investment

  • Time Period


Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
* The calculator shows annualized returns.
Why Wait? Start Investing

Risk Ratios

  • Standard Deviation
    4.32%
  • Beta
    0.91%
  • Sharpe Ratio
    0.48%
  • Treynor’s Ratio
    0.07%
  • Jension’s Alpha
    3.36%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • ICICI Bank
  • 15.87%
  • 1495000
  • 167.60
  • Equity
  • Banks
  • HDFC Bank
  • 14.99%
  • 1033655
  • 158.31
  • Equity
  • Banks
  • Axis Bank
  • 7.81%
  • 710000
  • 82.51
  • Equity
  • Banks
  • Bajaj Finance
  • 5.98%
  • 94271
  • 63.14
  • Equity
  • Finance
  • Shriram Finance
  • 3.88%
  • 174136
  • 40.99
  • Equity
  • Finance
  • St Bk of India
  • 3.77%
  • 480000
  • 39.86
  • Equity
  • Banks
  • Indian Bank
  • 3.6%
  • 670843
  • 38.07
  • Equity
  • Banks
  • Karur Vysya Bank
  • 3.19%
  • 1709825
  • 33.70
  • Equity
  • Banks
  • REC Ltd
  • 3.11%
  • 610000
  • 32.80
  • Equity
  • Finance
  • IndusInd Bank
  • 2.95%
  • 213468
  • 31.21
  • Equity
  • Banks

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • UTI-Banking and Financial Services Fund-Dir (IDCW)
  • Stars
  • 1056.18
  • 6.19%
  • 11.97%
  • 9.09%
  • 26.97%
  • 16.64%
  • HDFC Defence Fund - Direct (G)
  • Stars
  • 3232.88
  • 20.76%
  • 54.73%
  • 61.93%
  • 141.66%
  • -
  • HDFC Defence Fund - Direct (IDCW)
  • Stars
  • 3232.88
  • 20.76%
  • 54.73%
  • 61.93%
  • 141.66%
  • -
  • SBI PSU Fund - Direct (G)
  • Stars
  • 3071.3
  • 4.96%
  • 23.38%
  • 41.29%
  • 102.45%
  • 41.65%
  • SBI PSU Fund - Direct (IDCW)
  • Stars
  • 3071.3
  • 4.96%
  • 23.37%
  • 41.28%
  • 102.43%
  • 41.64%
  • Invesco India PSU Equity Fund - Direct (G)
  • Stars
  • 1137.59
  • 10.71%
  • 30.72%
  • 48.35%
  • 102.24%
  • 43.72%

News

  • UTI MF Announces change in benchmark index under its schemes UTI Mutual Fund has announced change the benchmark index for the following schemes, with effect from 01 June 2024. Accordingly, the revised benchmark index will be:

    Changes in the Schemes Benchmark Index:

    Scheme Name Existing Benchmark Revised Benchmark
    UTI Healthcare Fund S&P BSE Healthcare TRI BSE Healthcare TRI
    UTI Large Cap Fund S&P BSE 100 TRI BSE 100 TRI
    UTI Master Equity Plan Unit Scheme S&P BSE 100 TRI BSE 100 TRI
    UTI S&P BSE Sensex Next 50 Exchange Traded Fund S&P BSE Sensex Next 50 TRI BSE Sensex Next 50 TRI
    UTI S&P BSE Housing Index Fund S&P BSE Housing TRI BSE Housing TRI
    UTI S&P BSE Low Volatility Index Fund S&P BSE Low Volatility TRI BSE Low Volatility TRI
    UTI S&P BSE Sensex ETF S&P BSE Sensex TRI BSE Sensex TRI
    UTI S&P BSE Sensex Index Fund S&P BSE Sensex TRI BSE Sensex TRI
    UTI Multi Asset Allocation Fund S&P BSE 200 TRI (65%) BSE 200 TRI (65%)

    Powered by Capital Market - Live News

  • UTI Mutual Fund Announces change in scheme name UTI Mutual Fund has announced change in scheme name under the following scheme, with effect from 01 June 2024.

    Change in the Scheme Name:

    Existing Name of the Schemes Revised Name of the Schemes
    UTI S&P BSE Sensex Next 50 Exchange Traded Fund UTI BSE Sensex Next 50 Exchange Traded Fund
    UTI S&P BSE Housing Index Fund UTI BSE Housing Index Fund
    UTI S&P BSE Low Volatility Index Fund UTI BSE Low Volatility Index Fund
    UTI S&P BSE Sensex ETF UTI BSE Sensex ETF
    UTI S&P BSE Sensex Index Fund UTI BSE Sensex Index Fund

    Powered by Capital Market - Live News

  • UTI Conservative Hybrid Fund Announces Income Distribution cum capital withdrawal (IDCW) UTI Mutual Fund has announced IDCW is 03 June 2024 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under Regular Plan-Monthly IDCW Option and Direct Plan-Monthly IDCW Option of UTI Conservative Hybrid Fund. The quantum of IDCW will be Rs 0.0800 per unit or 0.80% on the face value of Rs 10 per unit.

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 01-Jan-2013
  • Total AUM (Cr) ₹1056.18

UTI-Banking and Financial Services Fund-Dir (IDCW) is an Sectoral / Thematic-oriented fund from the renowned AMC, UTI Mutual Fund. Launched in Jan 2013, this fund is managed by Preethi R S. With assets under management (AUM) worth ₹1056.18 (Cr), as of 19-Jun-2024, UTI-Banking and Financial Services Fund-Dir (IDCW) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 12.37% since its launch.
The current NAV of UTI-Banking and Financial Services Fund-Dir (IDCW) is ₹74.31, as on 19-Jun-2024. The fund’s benchmark index is Nifty Financial Services TRI. You can invest in UTI-Banking and Financial Services Fund-Dir (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
1.00% - If redeemed / switched out less than one year from the date of allotment. Nil - If redeemed / switched out greater than or equal to one year from the date of allotment.
The fund has generated 16.64% and 12.09% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 98.39% in Equity, 0.41% in Debt and 1.21% in cash and cash equivalents
The top 5 sectors the fund invests in are: 62.43% in Banks, 22.47% in Finance, 7.52% in Capital Markets, 5.98% in Insurance and 1.19% in Cash & Others.

FAQs on UTI-Banking and Financial Services Fund-Dir (IDCW)

UTI-Banking and Financial Services Fund-Dir (IDCW) is a popular fund in the Sectoral / Thematic segment. The fund has generated a return of 12.37% since inception. Looking to invest in UTI-Banking and Financial Services Fund-Dir (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in UTI-Banking and Financial Services Fund-Dir (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, UTI-Banking and Financial Services Fund-Dir (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in UTI-Banking and Financial Services Fund-Dir (IDCW) today and reap the benefits of this Sectoral / Thematic fund!

In the short term, i.e., 1 year, UTI-Banking and Financial Services Fund-Dir (IDCW) has generated annualised return of 26.97%. In the long-term, the fund has generated 16.64% and 12.09% in 3 and 5 years respectively. Since its inception, the fund has generated 12.37% returns.

The expense ratio of UTI-Banking and Financial Services Fund-Dir (IDCW) Direct Growth is 1.16%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of UTI-Banking and Financial Services Fund-Dir (IDCW) is ₹1056.18 (Cr) as of 19 June 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of UTI-Banking and Financial Services Fund-Dir (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from UTI-Banking and Financial Services Fund-Dir (IDCW):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case UTI-Banking and Financial Services Fund-Dir (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in UTI-Banking and Financial Services Fund-Dir (IDCW). Minimum lumpsum investment UTI-Banking and Financial Services Fund-Dir (IDCW) is ₹5000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of UTI-Banking and Financial Services Fund-Dir (IDCW) is ₹74.31 as on 19 June 2024.

The 5 biggest stock holdings of UTI-Banking and Financial Services Fund-Dir (IDCW) are:
ICICI Bank (15.87%), HDFC Bank (14.99%), Axis Bank (7.81%), Bajaj Finance (5.98%), Shriram Finance (3.88%)

A majority of UTI-Banking and Financial Services Fund-Dir (IDCW) 's AUM worth ₹1056.18 (Cr) is invested in these 3 top sectors:

  • Banks: 62.43%
  • Finance: 22.47%
  • Capital Markets: 7.52%

Power your investments with our smart trading platforms

mobilefooterimg
  • app_download_icon_img
    5 million+
    App downloads
  • 1_Click_icon_img
    1-Click
    Order Placement
  • higherreturns_icon_img
    2,361 Crore+
    Average Daily Turnover