- Mutual Funds
- UTI-Banking and Financial Services Fund-Dir (IDCW)
UTI-Banking and Financial Services Fund-Dir (IDCW)
Sectoral / Thematic
- NAV 74.99 (1.35%)
- Fund Size (Cr) ₹1140.83
- Expense Ratio 1.13
- Scheme Type Active Fund
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Value Research
- Minimum investment ₹5000
- Minimum Additional Investment ₹1000
- Minimum SIP Investment ₹500
- Minimum Withdrawal ₹0
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Exit Load
1%
- Return Since Launch 12.29%
Basic Details
Preethi R S
Nifty Financial Services TRI
OPEN
Lumpsum Returns
Note: Lumpsum Returns since Inception Date.
SIP Returns
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%.
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Risk Ratios
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Standard Deviation
4.45% -
Beta
0.92% -
Sharpe Ratio
0.66% -
Treynor’s Ratio
0.08% -
Jension’s Alpha
3.60%
Asset Allocation
There is no Asset Allocation data.
Sector Allocation
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Top 10 stock holding in portfolio
Peer Comparison
- Scheme Name
- Value Research
- Asset Size (Cr)
- 1M
- 3M
- 6M
- 1Y
- 3Y
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UTI-Banking and Financial Services Fund-Dir (IDCW)
- 1140.83
- -1.82%
- 6.22%
- 10.70%
- 20.56%
- 15.89%
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HDFC Defence Fund - Direct (G)
- 3665.95
- -2.97%
- 21.71%
- 50.61%
- 116.41%
- -
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HDFC Defence Fund - Direct (IDCW)
- 3665.95
- -2.97%
- 21.71%
- 50.61%
- 116.41%
- -
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SBI PSU Fund - Direct (G)
- 3694.68
- 4.23%
- 10.06%
- 29.05%
- 88.24%
- 42.28%
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SBI PSU Fund - Direct (IDCW)
- 3694.68
- 4.23%
- 10.05%
- 29.04%
- 88.22%
- 42.27%
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Aditya Birla SL PSU Equity Fund - Direct (G)
- 5121.77
- 3.47%
- 6.86%
- 24.02%
- 87.70%
- 43.19%
News
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UTI Multi Asset Fund Announces Income Distribution cum capital withdrawal (IDCW)
UTI Mutual Fund has announced 16 July 2024 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under Regular Plan-IDCW Option and Direct Plan-IDCW Option of UTI Multi Asset Allocation Fund. The quantum of IDCW will be Rs 0.2550 per unit or 2.55% on the face value of Rs 10 per unit.
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UTI Mutual Fund Announces change in Exit Load Structure
UTI Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 11 July 2024
Change in Exit Load:
Name of the Scheme Existing exit load (as % of NAV) Revised exit load (as % of NAV) UTI Equity Savings Fund (A) Redemption / Switch out within 12 months from the date of allotment ?
(i) upto 10% of the allotted Units- Nil
(ii) beyond 10% of the allotted Units ? 1.00 %
(B) Redemption / Switch out after 12 months from the date of allotment ? NIL(A) Redemption / Switch out within 30 days from the date of allotment ? 1.00%
(B) Redemption / Switch out after 30 days from the date of allotment ? NILPowered by Capital Market - Live News
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UTI Conservative Hybrid Fund Announces Income Distribution cum capital withdrawal (IDCW)
UTI Mutual Fund has announced IDCW is 01 July 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.
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Fund House Details & Investment Objective
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Date of Incorporation
01-Jan-2013
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Total AUM (Cr)
₹1140.83
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 ₹1140.83 (Cr), as of 26-Jul-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 12.29% since its launch.
The current NAV of UTI-Banking and Financial Services Fund-Dir (IDCW) is ₹74.99, as on 26-Jul-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 15.89% and 13.21% 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 99.41% in Equity, 0.38% in Debt and 0.2% 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 12.29% 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 20.56%. In the long-term, the fund has generated 15.89% and 13.21% in 3 and 5 years respectively. Since its inception, the fund has generated 12.29% returns.
The expense ratio of UTI-Banking and Financial Services Fund-Dir (IDCW) Direct Growth is 1.13%. 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 ₹1140.83 (Cr) as of 26 July 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 ₹74.99 as on 26 July 2024.
The 5 biggest stock holdings of UTI-Banking and Financial Services Fund-Dir (IDCW) are:
HDFC Bank (21.16%), ICICI Bank (13.62%), Axis Bank (7.87%), Bajaj Finance (5.88%), Shriram Finance (4.44%)
A majority of UTI-Banking and Financial Services Fund-Dir (IDCW) 's AUM worth ₹1140.83 (Cr) is invested in these 3 top sectors:
- Banks: 62.43%
- Finance: 22.47%
- Capital Markets: 7.52%
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