UTI Nifty Bank ETF

Fund Name
UTI Nifty Bank ETF
Fund Short Description

A passively managed ETF scheme investmenting in stocks forming part of NIFTY Bank Index.

Fund Long Description

A passively managed scheme investmenting in stocks that endeavour to generate returns in line with the underlying index subject to expenses and tracking error. Nifty Bank Index tracks the performance of 12 most liquid and and large banks listed on NSE.

BM Index
Nifty Bank TRI
Exit Load

Not Applicable

Special Facilities

N/A

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

Not Applicable

Stated Asset Allocation

Securities covered by Nifty Bank Index: 95-100% (Medium to High) Debt / Cash / Money Market instruments including Triparty Repo on Government Securities or treasury bill and units of Liquid Mutual Fund: 0-5% (Low)

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

- Passive fund for Long Term Wealth Creation - Simple to understand product for new investors - Sector specific portfolio of 12 companies with sector concentration to Banking sector.

DOFA SchCode
745
Brief Intro Description

Nifty Bank Bank

Fund Type

An open-ended scheme replicating/tracking the Nifty Bank Index.

Features

- Passive fund for Long Term Wealth Creation - Simple to understand product for new investors - Sector specific portfolio of 12 companies with sector concentration to Banking sector.

Product Labeling

This product is suitable for investors who are seeking*: Long term capital appreciation Investment in securities covered by Bank Index RISKOMETER *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Who should Invest?

• Investors looking for taking market exposure in Banking Sector at cheaper cost • Ideal for investment with a time horizon of preferably, 5 years or above

Scheme Code
PX
Aseet Class
EQUITY
regular Option Code
G
regular Option Desc
Growth
regular Plan Code
GP
regular Plan Description
Growth Plan
Scheme plan details
DofaPlanCode
00
Plan
GP
Category
EQUITY
OptionName
G
OptionDescription
Growth
PlanMode
REGULAR
PlanDescription
Growth Plan
Nav since inception Data
Inception Years
1Y
schemeRedemption
3.71
BenchMarkReturn
3.76
Inception Years
3Y
schemeRedemption
15.17
BenchMarkReturn
15.30
Inception Years
5Y
schemeRedemption
0.00
BenchMarkReturn
0.00
Inception Years
SI
schemeRedemption
21.89
BenchMarkReturn
21.98
nav
48.504
MinimumInvestmentAmount
5000.00
AUM
3091.07
ReturnsAsOn
30/11/2023
asOfDate
26/12/2023
Face Value
1
Brief Intro Web

An open ended scheme replicating / tracking Nifty Bank Index listed on stock exchanges

Show in SIP Calculator
Off
Investment Purpose
Filter Load
Nil
NFO
Off
spotlight banner
Off
Segregated
Off
MFD Choice
Off
Curated Fund
Off
Fund of Month
Off
Plan info for investor
asOfDate
26/12/2023
AUM
3091.07
Category
EQUITY
DofaPlanCode
00
MinimumInvestmentAmount
5000.00
nav
48.504
OptionDescription
Growth
OptionName
G
Plan
GP
PlanDescription
Growth Plan
PlanMode
REGULAR
ReturnsAsOn
30/11/2023
since inception data
BenchMarkReturn
3.76
Inception Years
1Y
schemeRedemption
3.71
BenchMarkReturn
15.30
Inception Years
3Y
schemeRedemption
15.17
BenchMarkReturn
0.00
Inception Years
5Y
schemeRedemption
0.00
BenchMarkReturn
21.98
Inception Years
SI
schemeRedemption
21.89
SmallcaseInvestCode
UTIBANKETF
isSmallcaseInvest
On
Show in Contingency Calculator
Off
Enable Campaign page
Off
Search Tags
Hide from Our Fund
Off