UTI Banking & Financial Services Fund

Fund Overview Image
Image
Banking and Financial Services Fund
Fund Name
UTI Banking & Financial Services Fund
Fund Short Description

A sector oriented portfolio investing predominantly in stocks of companies engaged in the banking, insurance and financial services related activities of the Indian economy

Fund Long Description

- Looking at the wide range of high-quality companies available in the Banking & Financial Services Industry space, the fund endeavors to look to participate in various sub-themes in the space. - Focuses on investing in well managed companies with balance between compounders and turnaround opportunities. - The fund is market cap agnostic and may take concentrated exposure to certain stocks

BM Index
Nifty Financial Services TRI
Exit Load

W.e.f. 01/04/2021 Exit Load : 1.00% if redeemed before 30 days from the date of investment.

Special Facilities

SWP/Redeem/SIP/STRIP/Switch

Benchmark Risk image and icon
Riskometer of Benchmark
Very High
Scheme Risk Category for image & icon
Type Ended
OPEN
scheme Fund Category
Equity
Scheme Riskometer
Very High
Fund Manager
Type (Primary/Comanage/Description)
Fund Manager
From Date
Type (Primary/Comanage/Description)
Co-Fund Manager
From Date
Potential Risk Class

Not Applicable

Stated Asset Allocation

Equity and equity related instruments (minimum 80% of the total assets would be in equity and equity related instruments of companies engaged in banking and financial services activities): 80-100% (Medium to High) Debt and Money Market instruments including securitized debt#: 0-20% (Low to Medium) Units issued by REITs & InvITs: 0-10% (Medium to High) # The fund may invest up to 50% of its debt portfolio in securitized debt

Maturity Date
2008-10-05T00:00:00
Investment Objective

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies/institutions engaged in the banking and financial services activities. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

DOFA SchCode
163
Brief Intro Description

Sectoral

Fund Type

An open ended equity scheme investing in Banking and Financial Services Sector.

Features

- Participation in various sub themes in the entire BFSI space - Focus on well managed companies with balance between compounders and turnaround opportunities - Looks for companies that are having sustainable growth model and are well capitalised - Bottom – Up Stock Picking - Agnostic to market capitalization and would take concentrated exposure to certain stocks

Product Labeling

This product is suitable for investors who are seeking*: Long term capital appreciation. Investment predominantly in equity and equity related securities of companies engaged in banking and financial services activities. Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Who should Invest?

- Investors looking for overall portfolio diversification - Investors who want growth with limited downside risk to their portfolio - Investors looking for tax efficient returns - Retirees looking for moderate and stable returns with low volatility - First time mutual fund investors

Scheme Code
BK
Aseet Class
Equity Sector Fund
Direct Option Code
G
Direct Option Desc
Growth
Direct Plan Code
D2
Direct Plan Description
Direct Plan
regular Option Code
G
regular Option Desc
Growth
regular Plan Code
GP
regular Plan Description
Regular Plan
Scheme plan details
DofaPlanCode
01
Plan
DP
Category
EQUITY
OptionName
D
OptionDescription
Payout of IDCW
PlanMode
REGULAR
PlanDescription
Regular Plan
Nav since inception Data
Inception Years
1Y
schemeRedemption
10.35
BenchMarkReturn
4.60
Inception Years
3Y
schemeRedemption
16.01
BenchMarkReturn
12.83
Inception Years
5Y
schemeRedemption
9.66
BenchMarkReturn
12.59
Inception Years
SI
schemeRedemption
14.49
BenchMarkReturn
17.36
nav
59.0629
MinimumInvestmentAmount
5000.00
AUM
950.66
ReturnsAsOn
30/11/2023
asOfDate
26/12/2023
DofaPlanCode
01
Plan
DP
Category
EQUITY
OptionName
R
OptionDescription
Reinvestment of IDCW
PlanMode
REGULAR
PlanDescription
Regular Plan
Nav since inception Data
Inception Years
1Y
schemeRedemption
10.35
BenchMarkReturn
4.60
Inception Years
3Y
schemeRedemption
16.01
BenchMarkReturn
12.83
Inception Years
5Y
schemeRedemption
9.66
BenchMarkReturn
12.59
Inception Years
SI
schemeRedemption
14.49
BenchMarkReturn
17.36
nav
59.0629
MinimumInvestmentAmount
5000.00
AUM
950.66
ReturnsAsOn
30/11/2023
asOfDate
26/12/2023
DofaPlanCode
02
Plan
GP
Category
EQUITY
OptionName
G
OptionDescription
Growth
PlanMode
REGULAR
PlanDescription
Regular Growth Plan
Nav since inception Data
Inception Years
1Y
schemeRedemption
10.35
BenchMarkReturn
4.60
Inception Years
3Y
schemeRedemption
16.01
BenchMarkReturn
12.83
Inception Years
5Y
schemeRedemption
9.66
BenchMarkReturn
12.59
Inception Years
SI
schemeRedemption
14.49
BenchMarkReturn
17.36
nav
151.757
MinimumInvestmentAmount
5000.00
AUM
950.66
ReturnsAsOn
30/11/2023
asOfDate
26/12/2023
DofaPlanCode
03
Plan
ID
Category
EQUITY
OptionName
D
OptionDescription
Payout of IDCW (Institutional)
PlanMode
REGULAR
PlanDescription
Regular Plan
Nav since inception Data
Inception Years
1Y
schemeRedemption
10.35
BenchMarkReturn
4.60
Inception Years
3Y
schemeRedemption
16.01
BenchMarkReturn
12.83
Inception Years
5Y
schemeRedemption
9.66
BenchMarkReturn
12.59
Inception Years
SI
schemeRedemption
14.49
BenchMarkReturn
17.36
MinimumInvestmentAmount
5000.00
AUM
950.66
ReturnsAsOn
30/11/2023
DofaPlanCode
03
Plan
ID
Category
EQUITY
OptionName
R
OptionDescription
Reinvestment of IDCW (Institutional)
PlanMode
REGULAR
PlanDescription
Regular Plan
Nav since inception Data
Inception Years
1Y
schemeRedemption
10.35
BenchMarkReturn
4.60
Inception Years
3Y
schemeRedemption
16.01
BenchMarkReturn
12.83
Inception Years
5Y
schemeRedemption
9.66
BenchMarkReturn
12.59
Inception Years
SI
schemeRedemption
14.49
BenchMarkReturn
17.36
MinimumInvestmentAmount
5000.00
AUM
950.66
ReturnsAsOn
30/11/2023
DofaPlanCode
04
Plan
IG
Category
EQUITY
OptionName
G
OptionDescription
Growth
PlanMode
REGULAR
PlanDescription
Institutional Plan
Nav since inception Data
Inception Years
1Y
schemeRedemption
10.35
BenchMarkReturn
4.60
Inception Years
3Y
schemeRedemption
16.01
BenchMarkReturn
12.83
Inception Years
5Y
schemeRedemption
9.66
BenchMarkReturn
12.59
Inception Years
SI
schemeRedemption
14.49
BenchMarkReturn
17.36
MinimumInvestmentAmount
5000.00
AUM
950.66
ReturnsAsOn
30/11/2023
Face Value
10
Brief Intro Web

An open-ended sectoral equity scheme that invests in companies engaged in businesses of Banking, NBFC, Insurance and other Financial Services. The Fund focuses on well managed companies with a balance between compounders and turnaround opportunities.

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Investment Purpose
Filter Load
Nil after 30 days
Scheme faq
Question
What are Banking & Financial Services Funds?
Answer

Banking and Financial Services Funds are a type of equity funds that predominantly invest in companies that cater to the banking and financial sector. The sector comprises of universal banks, small finance banks, insurance companies, non-banking financial companies, HFCs, co-operatives, pension funds, mutual funds and other smaller financial entities.

Question
What is the investment objective of UTI Banking and Financial Services Fund?
Answer

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies/institutions engaged in the banking and financial services activities. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Question
Who can invest in UTI Banking & Financial Services Fund?
Answer

Investors willing to have a tactical allocation to their overall equity portfolio. Investors willing to increase the risk spectrum of their portfolio with an exposure to a sectoral philosophy of investing in stocks of companies engaged in banking & financial services.

Question
What are the benefits of investing in UTI Banking & Financial Services Fund?
Answer

- h4ersified in its approach by investing in companies within banking and financial services sector vis., companies engaged in retail & commercial banking, insurance, non-banking financial companies, co-operatives, pension funds, mutual funds, exchanges and other smaller financial entities.
- Agnostic to market capitalization spectrum; that can help the fund deliver superior risk adjusted returns across market cycles.
- The Fund may also take concentrated exposure to certain stocks based on the conviction and possibly could lead to increased alpha creation.

NFO
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Tags
Tag1
Equity
Tag2
Sectoral
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Segregated
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MFD Choice
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Curated Fund
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Fund of Month
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Plan info for investor
asOfDate
26/12/2023
AUM
950.66
Category
EQUITY
DofaPlanCode
01
MinimumInvestmentAmount
5000.00
nav
59.0629
OptionDescription
Payout of IDCW
OptionName
D
Plan
DP
PlanDescription
Regular Plan
PlanMode
REGULAR
ReturnsAsOn
30/11/2023
since inception data
BenchMarkReturn
4.60
Inception Years
1Y
schemeRedemption
10.35
BenchMarkReturn
12.83
Inception Years
3Y
schemeRedemption
16.01
BenchMarkReturn
12.59
Inception Years
5Y
schemeRedemption
9.66
BenchMarkReturn
17.36
Inception Years
SI
schemeRedemption
14.49
asOfDate
26/12/2023
AUM
950.66
Category
EQUITY
DofaPlanCode
01
MinimumInvestmentAmount
5000.00
nav
59.0629
OptionDescription
Reinvestment of IDCW
OptionName
R
Plan
DP
PlanDescription
Regular Plan
PlanMode
REGULAR
ReturnsAsOn
30/11/2023
since inception data
BenchMarkReturn
4.60
Inception Years
1Y
schemeRedemption
10.35
BenchMarkReturn
12.83
Inception Years
3Y
schemeRedemption
16.01
BenchMarkReturn
12.59
Inception Years
5Y
schemeRedemption
9.66
BenchMarkReturn
17.36
Inception Years
SI
schemeRedemption
14.49
asOfDate
26/12/2023
AUM
950.66
Category
EQUITY
DofaPlanCode
02
MinimumInvestmentAmount
5000.00
nav
151.757
OptionDescription
Growth
OptionName
G
Plan
GP
PlanDescription
Regular Growth Plan
PlanMode
REGULAR
ReturnsAsOn
30/11/2023
since inception data
BenchMarkReturn
4.60
Inception Years
1Y
schemeRedemption
10.35
BenchMarkReturn
12.83
Inception Years
3Y
schemeRedemption
16.01
BenchMarkReturn
12.59
Inception Years
5Y
schemeRedemption
9.66
BenchMarkReturn
17.36
Inception Years
SI
schemeRedemption
14.49
AUM
950.66
Category
EQUITY
DofaPlanCode
03
MinimumInvestmentAmount
5000.00
OptionDescription
Payout of IDCW (Institutional)
OptionName
D
Plan
ID
PlanDescription
Regular Plan
PlanMode
REGULAR
ReturnsAsOn
30/11/2023
since inception data
BenchMarkReturn
4.60
Inception Years
1Y
schemeRedemption
10.35
BenchMarkReturn
12.83
Inception Years
3Y
schemeRedemption
16.01
BenchMarkReturn
12.59
Inception Years
5Y
schemeRedemption
9.66
BenchMarkReturn
17.36
Inception Years
SI
schemeRedemption
14.49
AUM
950.66
Category
EQUITY
DofaPlanCode
03
MinimumInvestmentAmount
5000.00
OptionDescription
Reinvestment of IDCW (Institutional)
OptionName
R
Plan
ID
PlanDescription
Regular Plan
PlanMode
REGULAR
ReturnsAsOn
30/11/2023
since inception data
BenchMarkReturn
4.60
Inception Years
1Y
schemeRedemption
10.35
BenchMarkReturn
12.83
Inception Years
3Y
schemeRedemption
16.01
BenchMarkReturn
12.59
Inception Years
5Y
schemeRedemption
9.66
BenchMarkReturn
17.36
Inception Years
SI
schemeRedemption
14.49
AUM
950.66
Category
EQUITY
DofaPlanCode
04
MinimumInvestmentAmount
5000.00
OptionDescription
Growth
OptionName
G
Plan
IG
PlanDescription
Institutional Plan
PlanMode
REGULAR
ReturnsAsOn
30/11/2023
since inception data
BenchMarkReturn
4.60
Inception Years
1Y
schemeRedemption
10.35
BenchMarkReturn
12.83
Inception Years
3Y
schemeRedemption
16.01
BenchMarkReturn
12.59
Inception Years
5Y
schemeRedemption
9.66
BenchMarkReturn
17.36
Inception Years
SI
schemeRedemption
14.49
asOfDate
26/12/2023
AUM
950.66
Category
EQUITY
DofaPlanCode
DGR
MinimumInvestmentAmount
5000.00
nav
170.171
OptionDescription
Growth
OptionName
G
Plan
D2
PlanDescription
Direct Growth Plan
PlanMode
DIRECT
ReturnsAsOn
30/11/2023
since inception data
BenchMarkReturn
4.60
Inception Years
1Y
schemeRedemption
11.53
BenchMarkReturn
12.83
Inception Years
3Y
schemeRedemption
17.31
BenchMarkReturn
12.59
Inception Years
5Y
schemeRedemption
10.82
BenchMarkReturn
17.36
Inception Years
SI
schemeRedemption
15.16
asOfDate
26/12/2023
AUM
950.66
Category
EQUITY
DofaPlanCode
DIR
MinimumInvestmentAmount
5000.00
nav
66.6018
OptionDescription
Payout of IDCW
OptionName
D
Plan
D1
PlanDescription
Direct Plan
PlanMode
DIRECT
ReturnsAsOn
30/11/2023
since inception data
BenchMarkReturn
4.60
Inception Years
1Y
schemeRedemption
11.53
BenchMarkReturn
12.83
Inception Years
3Y
schemeRedemption
17.31
BenchMarkReturn
12.59
Inception Years
5Y
schemeRedemption
10.82
BenchMarkReturn
17.36
Inception Years
SI
schemeRedemption
15.16
asOfDate
26/12/2023
AUM
950.66
Category
EQUITY
DofaPlanCode
DIR
MinimumInvestmentAmount
5000.00
nav
66.6018
OptionDescription
Reinvestment of IDCW
OptionName
R
Plan
D1
PlanDescription
Direct Plan
PlanMode
DIRECT
ReturnsAsOn
30/11/2023
since inception data
BenchMarkReturn
4.60
Inception Years
1Y
schemeRedemption
11.53
BenchMarkReturn
12.83
Inception Years
3Y
schemeRedemption
17.31
BenchMarkReturn
12.59
Inception Years
5Y
schemeRedemption
10.82
BenchMarkReturn
17.36
Inception Years
SI
schemeRedemption
15.16
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