UTI Banking and Financial Services Fund Direct Plan Growth

Equity
Sectoral / Thematic
Very High Risk
14.53%
3Y annualised
+0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 May 2024₹179.41
Min. SIP amount₹500
Rating2
Fund size₹1,079.86Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns23.9%14.5%10.2%11.9%
Category average24.5%15.7%12.1%NA
Rank with in category11911NA
Understand terms

Holdings (33)

NameSectorInstrumentAssets
FinancialEquity17.52%
FinancialEquity14.55%
FinancialEquity5.71%
FinancialEquity4.97%
InsuranceEquity4.43%
FinancialEquity4.11%
FinancialEquity3.70%
FinancialEquity3.67%
FinancialEquity3.41%
FinancialEquity3.23%
See All

Pros and cons

Category: Equity Sectoral / Thematic

Pros

Cons

Lower expense ratio: 1.18%
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
10Y annualised returns higher than category average by 0.12%
Low rating: 2
Higher alpha: 2.94 The fund has generated returns higher than benchmark - NIFTY Financial Services Total Return Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 1.18%

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 30 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Preethi R S
May 2022 - Present
View details

Education
Ms. R S is B.E and MBA (Finance).
Experience
Prior to joining UTI Mutual Fund, she has worked with PwC India.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
UTI Tower, Plot C-1, GN Block,Banrda Kurla Complex, Bandra (East) Mumbai 400051
Phone
0263 2296993
Launch Date
14 Nov 2002
E-mail
NA
UTI Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

Compare funds

UTI Banking and Financial Services Fund Direct Plan Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.0.1
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ