UTI BANKING AND FINANCIAL SERVICES FUND

Sectoral – Banking & Financial | (Erstwhile UTI Banking Sector Fund)
An open ended equity scheme investing in Banking & Financial Services Sector. | Data as on 31 October 2021

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.
Inception Date
7th April, 2004
Fund Manager
Mr. Amit Premchandani, PGDM (IIM Indore), CA, CFA
Managing the scheme since June-2014
Fund AUM
Fund size monthly average : 771.64 Crore
Closing AUM : 767.51 Crore
High/Low NAV in the month
High Growth Option : 128.2526
Low Growth Option : 118.2720
Total expense ratio (%)
Regular : 2.67
Direct : 1.31
Minimum Investment Amount
Growth, IDCW: 5,000/-
Plans/Options (Regular / Direct)
Growth option IDCW option with Payout and Reinvestment
No. of Unit Holding Accounts 60,716
Market Capitalisation (%)
Large
Mid
Small
Fund
88
7
5
Benchmark
98
2
-
Load Structure
Entry Load : Nil
Exit Load : < 30 days – 1%; ≥ 30 days – Nil
NAV per unit as on 31st October, 2021
Regular Growth Option 122.5974
Regular IDCW Option 47.7142
Direct Growth Option 134.1573
Direct IDCW Option 52.5067
Benchmark Index
Nifty Financial Services
SIP/SWP/STRIP
Digital Factsheet - Checkbox Image
Fund Size 771.64 Crore (Monthly Average as on 31/10/2021)
Overweight (Top 5)
% of Nav
Underweight (Top 5)
% of Nav
State Bank Of India
3.39
HDFC Ltd.
-10.75
RBL Bank Ltd.
2.82
Bajaj Finance Ltd.
-4.69
IndusInd Bank Ltd.
2.67
Kotak Mahindra Bank  Ltd.
-4.65
Axis Bank Ltd.
2.59
HDFC Life Insurance Company Ltd.
-2.06
Federal Bank Ltd.
1.78
Bajaj Finserv Ltd.
-1.41
UTI Banking and Financial Fund (Formerly known as UTI Banking Sector Fund) IDCW Declared
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.
21.45
ICICI Bank Ltd
17.77
State Bank Of India
9.65
Axis Bank Ltd.
8.80
HDFC Ltd.
5.93
Kotak Mahindra Bank  Ltd.
5.03
SBI Life Insurance Company Ltd.
3.04
RBL Bank Ltd.
2.82
IndusInd Bank Ltd.
2.67
ICICI Lombard General Insurance Company Ltd
2.32
ICICI Prudential Life Insurance Company Ltd
2.22
Bajaj Finserv Ltd.
2.09
Cholamandalam Investment & Finance Company Ltd
2.00
Federal Bank Ltd.
1.78
Bajaj Finance Ltd.
1.69
Karur Vysya Bank Ltd.
1.45
ICICI Securities Ltd.
1.20
DCB Bank Ltd
1.18
Equitas Holdings Ltd
1.18
Bandhan Bank Ltd.
1.04
Mahindra & Mahindra Fin.Ser.Ltd.
0.94
Computer Age Management Services Ltd
0.88
Aditya Birla Sun Life AMC Ltd
0.26
Net Current Assets
2.61
TOTAL
100.00
% of top 10 stocks 
79.48
Median Market Cap ( Cr) 
4,50,911
Weighted Average Market Cap 
4,41,171
Number of Securities 
23
All figures given are provisional and unaudited.
Quantitative Indicators
Fund
Benchmark
Beta
0.98
1
Standard Deviation (Annual)
28.81%
28.68%
Sharpe ratio
0.31%
Portfolio Turnover Ratio (Annual)
0.16
P/B
3.99
4.68
P/E
30.16
31.52
RoE
13.09
13.44
Fund Performance Vs Benchmark (CAGR) as on 31st October, 2021 Growth of 10000
Period
NAV Growth (%)
Nifty
Financial
Services (%)
Nifty 50  (%)
NAV Growth 
()
Nifty
Financial
Services
()
Nifty 50 ()
1 Year
64.51
62.32
53.54
16,451
16,232
15,354
3 Years
12.40
21.40
20.77
14,205
17,901
17,624
5 Years
9.55
19.17
16.85
15,782
24,046
21,794
Since inception*
15.32
19.04
15.20
122,508
214,060
120,286

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’. No of Schemes Managed by Mr. Amit Premchandani is 2.
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
142,824
143,766
144,782
37.46
39.08
40.83
3 Years
360,000
491,163
528,598
541,447
21.32
26.70
28.48
5 Years
600,000
820,469
1,005,035
993,748
12.50
20.79
20.32
7 Years
840,000
1,270,662
1,652,502
1,550,256
11.64
19.01
17.22
10 Years
1,200,000
2,308,747
3,217,422
2,756,869
12.57
18.76
15.89
15 Years
1,800,000
5,020,649
7,473,724
5,492,303
12.63
17.21
13.67
Since inception*
2,030,000
7,008,360
1,09,22,823
7,436,315
13.28
17.69
13.88

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 October 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.

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