UTI-Banking & PSU Fund - Direct (IDCW-Q)


Banking and PSU Fund
  • NAV 14.89 (0.02%)
  • Fund Size (Cr) ₹944.16
  • Expense Ratio 0.24
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹20000
  • Minimum Additional Investment ₹500
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹500
  • Exit Load 0%
  • Return Since Launch 7.13%

Basic Details

Scheme Manager
Anurag Mittal
Bench Mark
CRISIL Banking and PSU Debt Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 16-Feb-24
  • 10027.92
  • 0.28%
  • -
  • 0.24%
  • 76/178
  • 1 Month
  • 25-Jan-24
  • 10076.16
  • 0.76%
  • -
  • 0.84%
  • 119/178
  • 3 Month
  • 24-Nov-23
  • 10229.14
  • 2.29%
  • -
  • 2.17%
  • 54/178
  • 6 Month
  • 25-Aug-23
  • 10368.80
  • 3.69%
  • -
  • 3.54%
  • 51/172
  • 1 Year
  • 24-Feb-23
  • 10785.18
  • 7.85%
  • 7.85%
  • 7.47%
  • 29/172
  • 3 Year
  • 26-Feb-21
  • 12389.89
  • 23.90%
  • 7.40%
  • 5.34%
  • 3/168
  • 5 Year
  • 26-Feb-19
  • 13472.62
  • 34.73%
  • 6.14%
  • 6.72%
  • 101/133
  • Since Inception
  • 03-Feb-14
  • 20003.6
  • 100.04%
  • 7.13%
  • 6.63%
  • 96/178

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Mar-23
  • 120000
  • 167405.84
  • 39.50%
  • 39.50%
  • 3 Year
  • 01-Mar-21
  • 360000
  • 541009.88
  • 50.28%
  • 14.54%
  • 5 Year
  • 01-Mar-19
  • 600000
  • 941910.05
  • 56.99%
  • 9.44%
  • 10 Year
  • 03-Mar-14
  • 1200000
  • 2021287.52
  • 68.44%
  • 5.35%

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

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Risk Ratios

  • Standard Deviation
    0.95%
  • Beta
    -0.01%
  • Sharpe Ratio
    0.02%
  • Treynor’s Ratio
    0.91%
  • Jension’s Alpha
    0.12%

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
  • REC Ltd
  • 6.26%
  • 6000
  • 60.12
  • NCD
  • Debt Others
  • Axis Bank
  • 5.7%
  • 550
  • 54.74
  • NCD
  • Debt Others
  • ICICI Bank
  • 5.45%
  • 550
  • 52.37
  • NCD
  • Debt Others
  • Power Fin.Corpn.
  • 4.17%
  • 400
  • 40.10
  • NCD
  • Debt Others
  • HDFC Bank
  • 4.16%
  • 400
  • 39.95
  • NCD
  • Debt Others
  • I R F C
  • 3.15%
  • 300
  • 30.23
  • NCD
  • Debt Others
  • N A B A R D
  • 3.11%
  • 3000
  • 29.92
  • NCD
  • Debt Others
  • N A B A R D
  • 2.66%
  • 250
  • 25.57
  • NCD
  • Debt Others
  • E X I M Bank
  • 2.6%
  • 2500
  • 25.00
  • NCD
  • Debt Others
  • E X I M Bank
  • 2.6%
  • 250
  • 25.03
  • NCD
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • UTI-Banking & PSU Fund - Direct (IDCW-Q)
  • Stars
  • 944.16
  • 0.76%
  • 2.29%
  • 3.69%
  • 7.85%
  • 7.40%
  • TRUSTMF Banking & PSU Fund - Dir (IDCW-D) RI
  • Stars
  • 296.84
  • 0.89%
  • 2.41%
  • 4.67%
  • 10.05%
  • 7.84%
  • HSBC Banking and PSU Debt Fund - Direct (IDCW-D)
  • Stars
  • 4498.05
  • 1.79%
  • 3.17%
  • 4.64%
  • 8.49%
  • 4.88%
  • Invesco India Banking & PSU Fund - Direct (IDCW-M)
  • Stars
  • 120.08
  • 1.05%
  • 2.47%
  • 4.34%
  • 8.22%
  • 5.45%
  • ICICI Pru Banking & PSU Debt Fund - Direct (G)
  • Stars
  • 8276.61
  • 0.85%
  • 2.09%
  • 3.71%
  • 8.12%
  • 6.17%
  • DSP Banking & Psu Debt Fund - Direct (IDCW)
  • Stars
  • 2373
  • 1.27%
  • 2.67%
  • 3.92%
  • 8.10%
  • 5.44%

News

  • UTI Aggressive Hybrid Fund Announces Income Distribution cum Capital Withdrawal (IDCW) UTI Mutual Fund has announced 23 February 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under IDCW-Regular Plan and IDCW-Direct Plan of UTI Aggressive Hybrid Fund. The quantum of dividend will be Rs 0.8200 per unit or 8.20% on the face value of Rs 10 per unit.

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  • UTI Conservative Hybrid Fund Announces Income Distribution cum capital withdrawal (IDCW) UTI Mutual Fund has announced IDCW is 01 February 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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  • UTI Dividend Yield Fund Announces Income Distribution cum capital withdrawal (IDCW) UTI Mutual Fund has announced IDCW is 23 January 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 Dividend Yield Fund. The quantum of IDCW will be Rs 0.7000 per unit or 7.00% on the face value of Rs 10 per unit.

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 27-Jan-2014
  • Total AUM (Cr) ₹960.90

UTI-Banking & PSU Fund - Direct (IDCW-Q) is an Banking and PSU Fund-oriented fund from the renowned AMC, UTI Mutual Fund. Launched in Jan 2014, this fund is managed by Anurag Mittal. With assets under management (AUM) worth ₹960.90 (Cr), as of 27-Feb-2024, UTI-Banking & PSU Fund - Direct (IDCW-Q) is categorized as a Banking and PSU Fund within its segment. The fund has generated a return of 7.13% since its launch.
The current NAV of UTI-Banking & PSU Fund - Direct (IDCW-Q) is ₹14.89, as on 27-Feb-2024. The fund’s benchmark index is CRISIL Banking and PSU Debt Index. You can invest in UTI-Banking & PSU Fund - Direct (IDCW-Q) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹20000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 7.40% and 6.14% 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 , 97.01% in Debt and 3% in cash and cash equivalents

FAQs on UTI-Banking & PSU Fund - Direct (IDCW-Q)

UTI-Banking & PSU Fund - Direct (IDCW-Q) is a popular fund in the Banking and PSU Fund segment. The fund has generated a return of 7.13% since inception. Looking to invest in UTI-Banking & PSU Fund - Direct (IDCW-Q)? How about earning 1% extra return? All this is possible with m.Stock! Investing in UTI-Banking & PSU Fund - Direct (IDCW-Q) 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 & PSU Fund - Direct (IDCW-Q)
  • 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 & PSU Fund - Direct (IDCW-Q) today and reap the benefits of this Banking and PSU Fund fund!

In the short term, i.e., 1 year, UTI-Banking & PSU Fund - Direct (IDCW-Q) has generated annualised return of 7.85%. In the long-term, the fund has generated 7.40% and 6.14% in 3 and 5 years respectively. Since its inception, the fund has generated 7.13% returns.

The expense ratio of UTI-Banking & PSU Fund - Direct (IDCW-Q) Direct Growth is 0.24%. 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 & PSU Fund - Direct (IDCW-Q) is ₹960.90 (Cr) as of 27 February 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of UTI-Banking & PSU Fund - Direct (IDCW-Q) 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 & PSU Fund - Direct (IDCW-Q):

  • 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 & PSU Fund - Direct (IDCW-Q)).
  • 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 & PSU Fund - Direct (IDCW-Q). Minimum lumpsum investment UTI-Banking & PSU Fund - Direct (IDCW-Q) is ₹20000 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 & PSU Fund - Direct (IDCW-Q) is ₹14.89 as on 27 February 2024.

The 5 biggest stock holdings of UTI-Banking & PSU Fund - Direct (IDCW-Q) are:
REC Ltd (6.26%), Axis Bank (5.7%), ICICI Bank (5.45%), Power Fin.Corpn. (4.17%), HDFC Bank (4.16%)

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