| 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. |
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| Inception Date |
7th April, 2004 | ||||||||||||
| Fund Manager |
Mr. Amit Premchandani, PGDM (IIM Indore), CA, CFA Managing the scheme since June-2014 |
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| Fund AUM |
Fund size monthly average : 763.18 Crore Closing AUM : 719.44 Crore |
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| High/Low NAV in the month |
High Growth Option : 125.1263 Low Growth Option : 113.9891 |
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Total expense ratio (%) |
Regular : 2.68 Direct : 1.33 |
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Minimum Investment Amount |
Growth, IDCW: 5,000/- | ||||||||||||
Plans/Options
(Regular / Direct) |
Growth option IDCW option with Payout and Reinvestment | ||||||||||||
| No. of Unit Holding Accounts | 60,717 | ||||||||||||
| Market Capitalisation (%) |
|
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Load Structure |
Entry Load : Nil Exit Load : < 30 days – 1%; ≥ 30 days – Nil |
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NAV per unit as on 30th November, 2021 |
Regular Growth Option 113.9891 Regular IDCW Option 44.3639 Direct Growth Option 124.8773 Direct IDCW Option 48.8747 |
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Benchmark Index |
Nifty Financial Services | ||||||||||||
SIP/SWP/STRIP |
 |
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| Fund Size | 763.18 Crore (Monthly Average as on 30/11/2021) | ||||||||||||
Overweight (Top 5) |
% of Nav |
Underweight (Top 5) |
% of Nav |
| State Bank Of India | 3.13 |
HDFC Ltd. | -11.22 |
| RBL Bank Ltd. | 3.05 |
Kotak Mahindra Bank Ltd. | -4.84 |
| Axis Bank Ltd. | 2.78 |
Bajaj Finance Ltd. | -4.77 |
| PB Fintech Ltd | 2.59 |
HDFC Life Insurance Company Ltd. | -2.21 |
| IndusInd Bank Ltd. | 2.15 |
Bajaj Finserv Ltd. | -1.47 |
UTI Banking and Financial Fund (Formerly known as UTI Banking Sector Fund) IDCW Declared |
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Year |
IDCW |
Per unt |
NAV (Cum Div ) |
Face Value (per unit) |
NAV Date |
Record Date |
2005 |
25% |
2.50 |
15.62 |
10.00 |
22-09-2005 |
29-09-2005 |
2007 |
35% |
3.50 |
19.02 |
10.00 |
23-05-2007 |
30-05-2007 |
2009 |
22% |
2.20 |
19.04 |
10.00 |
04-09-2009 |
11-09-2009 |
2010 |
10% |
1.00 |
22.78 |
10.00 |
24-06-2010 |
01-07-2010 |
2011 |
25% |
2.50 |
24.20 |
10.00 |
27-01-2011 |
03-02-2011 |
2011 |
25% |
2.50 |
21.82 |
10.00 |
04-05-2011 |
09-05-2011 |
2015 |
25% |
2.50 |
31.8833 |
10.00 |
16-07-2015 |
23-07-2015 |
2016 |
25% |
2.50 |
30.6179 |
10.00 |
03-08-2016 |
10-08-2016 |
The scheme IDCW details under regular plan.
Disclaimer: Pursuant to payment of Dividend/Bonus, the Nav of the income distribution cum capital withdrawal options of the schemes would fall to the extent of payout and statutory levy (if applicable)
|
Equity
|
% of NAV
|
HDFC Bank Ltd. |
21.59 |
ICICI Bank Ltd |
16.88 |
State Bank Of India |
9.28 |
Axis Bank Ltd. |
8.66 |
HDFC Ltd. |
5.57 |
Kotak Mahindra Bank Ltd. |
5.18 |
SBI Life Insurance Company Ltd. |
3.29 |
RBL Bank Ltd. |
3.05 |
PB Fintech Ltd |
2.59 |
ICICI Lombard General Insurance Company Ltd |
2.40 |
ICICI Prudential Life Insurance Company Ltd |
2.27 |
Bajaj Finserv Ltd. |
2.16 |
IndusInd Bank Ltd. |
2.15 |
Cholamandalam Investment & Finance Company Ltd |
1.91 |
Bajaj Finance Ltd. |
1.70 |
Federal Bank Ltd. |
1.69 |
Karur Vysya Bank Ltd. |
1.52 |
ICICI Securities Ltd. |
1.27 |
DCB Bank Ltd |
1.25 |
Equitas Holdings Ltd |
1.18 |
Computer Age Management Services Ltd |
0.96 |
Mahindra & Mahindra Fin.Ser.Ltd. |
0.86 |
Creditaccess Grameen Ltd |
0.70 |
Canfin Homes Ltd. |
0.49 |
Aditya Birla Sun Life AMC Ltd |
0.25 |
Net Current Assets |
1.15 |
TOTAL |
100.00 |
% of top 10 stocks |
78.48 |
Median Market Cap ( Cr) |
4,17,862 |
Weighted Average Market Cap |
3,95,431 |
Number of Securities |
25 |
All figures given are provisional and unaudited. |
Quantitative Indicators |
Fund |
Benchmark |
Beta |
0.98 |
1 |
Standard Deviation (Annual) |
28.89% |
28.77% |
Sharpe ratio |
0.16% |
|
| Portfolio Turnover Ratio (Annual) | 0.20 |
|
| P/B | 3.81 |
4.48 |
| P/E | 29.54 |
33.93 |
| RoE | 13.28 |
13.53 |
| Fund Performance Vs Benchmark (CAGR) as on 30th November, 2021 Growth of 10000 |
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| Period | NAV Growth (%) |
Nifty Financial Services (%) |
Nifty 50 (%) |
NAV Growth () |
Nifty Financial Services () |
Nifty 50 () |
| 1 Year | 24.35 |
23.32 |
32.49 |
12,435 |
12,332 |
13,249 |
| 3 Years | 8.10 |
15.81 |
17.38 |
12,635 |
15,539 |
16,180 |
| 5 Years | 9.66 |
18.90 |
17.04 |
15,862 |
23,775 |
21,971 |
| Since inception* | 14.77 |
18.47 |
14.87 |
113,916 |
199,501 |
115,682 |
Different plans have a different expense structure. The performance details provided herein are of regular plan.
# The Benchmark Index of UTI -Banking Sector Fund is Changed From S&P CNX Banks to CNX Bank index with effect from May 13 2010
*Compounded annualized Growth Rate.
For performance details of other Schemes managed by the Fund Manager, please refer the respective Scheme sheets as listed Please click here in ‘Fund Manager Summary’.
Schemes Managed by Mr. Amit Premchandani.
The performance of the benchmark is calculated using total return index variant of the benchmark index.
| Period | |||||||
|
Investment Amount ()
|
Value - Fund
() |
Nifty
Financial Services () |
Nifty 50 ()
|
Yield (%) Fund
|
Yield (%)
Nifty Financial Services |
Yield (%)
Nifty 50 |
|
1 Year |
120,000 |
127,220 |
128,818 |
133,973 |
11.35 |
13.92 |
22.30 |
3 Years |
360,000 |
452,832 |
485,912 |
513,194 |
15.49 |
20.49 |
24.45 |
5 Years |
600,000 |
757,326 |
924,795 |
944,147 |
9.25 |
17.34 |
18.19 |
7 Years |
840,000 |
1,172,502 |
1,524,871 |
1,478,007 |
9.37 |
16.73 |
15.86 |
10 Years |
1,200,000 |
2,125,887 |
2,964,219 |
2,624,023 |
11.01 |
17.22 |
14.95 |
15 Years |
1,800,000 |
4,617,270 |
6,889,937 |
5,236,941 |
11.64 |
16.27 |
13.11 |
Since inception* |
2,040,000 |
6,525,438 |
10,203,098 |
7,160,468 |
12.44 |
16.87 |
13.37 |
Note: Systematic Investment Plan (SIP) returns are worked out assuming investment of 10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into account.*Since inception for above mentioned schemes is taken for the period December 2004 to November 2021 (Since SIP facility was introduced in November 2004. Past performance may or may not be sustained in future.
*Investors should consult their Mutual Fund Distributor if in doubt about whether the product is suitable for them.
- 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.
