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3 Year return
14.51%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹1079.86 Cr.
Expense Ratio
1.18% (inclusive of GST)
Exit Load
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.
Tax Implications
Withdrawal within 1 year
Exit load + 15% tax on gains
Withdrawal after 1 year
10% tax on gains over ₹1 Lakh per financial year
Fund Holdings
| Other Holdings | % of Asset |
|---|---|
| Shriram Finance | 4.11 % |
| IndusInd Bank | 3.7 % |
| St Bk of India | 3.67 % |
| Indian Bank | 3.41 % |
| Karur Vysya Bank | 3.23 % |
| Max Financial | 2.88 % |
| Nippon Life Ind. | 2.72 % |
| REC Ltd | 2.68 % |
| Kotak Mah. Bank | 2.47 % |
| Net CA & Others | 2.28 % |
| INDIA SHELTE FIN | 1.93 % |
| ICICI Securities | 1.85 % |
| Equitas Sma. Fin | 1.76 % |
| AAVAS Financiers | 1.71 % |
| Arman Financial | 1.7 % |
| Bank of Baroda | 1.56 % |
| DCB Bank | 1.18 % |
| Aditya AMC | 1.17 % |
| Star Health Insu | 1.17 % |
| M & M Fin. Serv. | 1.13 % |
| Multi Comm. Exc. | 1.13 % |
| CSB Bank | 1.08 % |
| Can Fin Homes | 0.99 % |
| Cholaman.Inv.&Fn | 0.86 % |
| KFin Technolog. | 0.82 % |
| CreditAcc. Gram. | 0.68 % |
| Indian Renewable | 0.53 % |
| TBILL-364D | 0.4 % |
| C C I | 0.02 % |
UTI Mutual Fund Managers
AP
Amit Premchandani
Fund Manager since Mar 2017
Fund House Details
UTI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
Invesco India PSU Equity Fund Direct Plan IDCW (Payout / Payout) |
42.14% |
0 |
|
Quant Infrastructure Fund IDCW Direct Plan Payout |
38.55% |
0 |
|
Invesco India Infrastructure Fund Direct Plan IDCW (Payout / Payout) |
37.43% |
0 |
Schemes by UTI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Arbitrage Fund
UTI Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
UTI Arbitrage Fund Direct Plan IDCW Payout
About UTI Banking and Financial Services Fund Direct Plan Growth
UTI Banking and Financial Services Fund Direct Plan Growth is presented by UTI Mutual Fund as an Equity Mutual Fund Scheme. This scheme operates as an open-ended equity fund, aiming to invest in companies involved in various aspects of the Banking, Non-Banking Financial Company (NBFC), Insurance, and other Financial Services sectors. The fund's strategy is centred on selecting well-managed companies that offer a blend of consistent performers and potential turnaround prospects. However, this fund has a high expense ratio compared to its category average.
Investment Objective of the Scheme
The central investment objective of UTI Banking and Financial Services Fund Direct Plan Growth is to achieve long-term capital appreciation. This objective is pursued primarily through investments in equity and equity-related securities of institutions and companies actively engaged in banking and financial services domains. By focusing on such entities, the fund seeks to benefit from the growth potential and opportunities within this sector.
Key Features of The Fund
| 5-year return | 9.89% |
| Expense Ratio | 1.18% |
| Fund Manager | Amit Premchandani |
| Fund Size | ₹1079.86 Cr |
| Risk Profile | Very High |
Is This Scheme Right for Me?
This scheme is ideal for investors seeking exposure to the banking and financial services sector, aiming to strategically allocate a portion of their equity portfolio for potential sector-specific growth and diversification. Additionally, individuals willing to embrace a slightly higher risk profile through a sectoral investment approach could find value in this offering. The investment horizon, typically spanning five years or more, makes it suitable for those with a long-term perspective, and leveraging the Systematic Investment Plan (SIP) method can help navigate market volatility effectively. However, as with any investment, careful consideration of personal financial goals and risk tolerance, coupled with potential guidance from financial advisors, is advisable before committing to the UTI Banking and Financial Services Fund Direct Plan Growth.
AMC Contact Details
| Name | UTI Mutual Fund |
| Launch Date | January 2003 |
| Addresss | First Floor, Unit No. 2, Block ‘B’, JVPD Scheme, Gulmohar Cross Road No. 9, Andheri (West), Mumbai – 400049. |
| Contact | 1800 266 1230(+91) 022 6227 8000022 – 68990800 |
| service@uti.co.in | |
| Website | https://www.utimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
