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1 star

UTI Banking & PSU Debt Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.68 0.04 0.06 0.29 0.69 1.62 2.89 3.92 4.74 6.40 --
CCIL T Bill Liquidity Weight 1.84 0.03 0.05 0.20 0.47 1.08 2.01 3.25 3.53 4.01 --
Debt: Banking and PSU 3.60 0.03 0.09 0.41 1.01 2.21 3.92 8.47 7.38 8.12 --
Rank within category 21 9 16 20 19 21 20 17 15 13 --
Number of funds in category 21 22 22 22 22 22 20 17 15 13 0

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
UTI Banking & PSU Debt Fund - Direct Plan  | Invest Online
1 star
Jan-14 2.89 3.92 4.74 0.16% 246
IDFC Banking & PSU Debt Fund - Direct Plan
5 star
Mar-13 3.71 9.30 7.97 0.31% 18,845
Aditya Birla Sun Life Banking & PSU Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.02 8.82 7.31 0.37% 18,115
Axis Banking & PSU Debt Fund - Direct Plan
4 star
Jan-13 3.63 8.51 7.87 0.33% 16,526
ICICI Prudential Banking & PSU Debt Fund - Direct Plan  | Invest Now
4 star
Jan-13 5.13 8.66 7.16 0.35% 13,926

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.75 24-Mar-2020 - 31-Mar-2020 -6.68 26-Apr-2019 - 03-May-2019
Month 3.75 24-Mar-2020 - 23-Apr-2020 -6.71 02-Apr-2019 - 02-May-2019
Quarter 6.28 24-Mar-2020 - 24-Jun-2020 -4.58 13-Feb-2019 - 15-May-2019
Year 13.00 24-Nov-2015 - 24-Nov-2016 -1.50 25-Mar-2019 - 24-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.10 4.75 0.05 0.04 2.55 1.80
CCIL T Bill Liquidity Weight 3.25 0.40 -1.53 -4.22 -- --
Debt: Banking and PSU 8.36 2.46 1.98 3.84 2.37 5.95
Rank within category 17 17 17 17 11 17
Number of funds in category 17 17 17 17 17 17

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 18 23 16 80
Modified Duration (yrs) 1.17 2.15 0.54 --
Average Maturity (yrs) 1.71 2.71 0.85 --
Yield to Maturity (%) 4.10 4.66 3.59 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 6.10% GOI 2031 GOI Securities SOV 0.00 - 9.95 9.95
equal 9.95% Food Corporation of India 2022 Bonds AAA 7.21 - 9.22 8.29
equal 8.78% NHPC 2022 Bonds AAA 0.00 - 9.15 8.23
equal 6.32% REC 31/12/2021 Debenture AAA 0.00 - 9.05 8.16
equal 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 0.00 - 6.80 6.13
equal 4.50% Oil & Natural Gas Corporation 2024 Debenture AAA 0.00 - 6.70 6.03
equal Housing & Urban Development Corporation 13/10/2022 Debenture AAA 4.41 - 5.77 5.20
equal 8.68% Indian Railway Finance Corporation 29/11/2021 Bonds AAA 3.63 - 4.67 4.20
equal 6.80% Hindustan Petroleum Corporation 15/12/2022 Debenture AAA 3.53 - 4.63 4.16
equal 6.80% SIDBI 29/09/2022 Debenture AAA 3.52 - 4.61 4.15
equal 8.30% Jorabat Shillong Expressway 2022 Non Convertible Debenture D 2.08 - 4.40 2.08
equal 6.70% National Bank Agr. Rur. Devp 2022 Debenture AAA 1.76 - 2.30 2.08
equal 6.50% National Bank Agr. Rur. Devp 17/04/2023 Debenture AAA 0.00 - 2.31 2.08
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 8.94 2.06
equal 5.80% National Housing Bank 15/05/2023 Debenture AAA 1.73 - 2.29 2.06
new 5.05% Indian Oil Corporation 25/11/2022 Debenture AAA 0.00 - 2.04 2.04
equal Export-Import Bank 14/12/2021 Certificate of Deposit A1+ 0.00 - 8.20 2.02
new Clearing Corporation 91-D Short Term Deposit -- 0.00 - 0.11 0.11

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Sudhir Agrawal since 27-Jan-2014

Education: Mr.Sudhir Agrawal is a M.Com, PGDBA (Finance) and a CFA.

Experience: Prior to joining UTI he has worked with TATA Asset Management Ltd., Tramp Value Pvt. Ltd. and CARE Ratings.

Interviews:

Funds Managed:


0.04%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 16.6478

IDCW Yearly: ₹ 11.2612

More

IDCW Quarterly: ₹ 12.5122

IDCW Monthly: ₹ 11.9095

IDCW Half Yearly: ₹ 11.0471

Flexi IDCW: ₹ 14.3460


Investment Strategy

The scheme seeks to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs).

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 30-Jan-2014
Return Since Launch: 6.73%
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 246 Cr (As on 31-Oct-2021)
Expense: 0.16% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly01-Nov-20210.0500

 01-Oct-20210.0500
 01-Sep-20210.0500
 02-Aug-20210.0500
 01-Jul-20210.0500
 01-Jun-20210.0500
 03-May-20210.0500
 05-Apr-20210.0500
 01-Mar-20210.0450
 01-Feb-20210.0450
 01-Jan-20210.0450
 01-Dec-20200.0450
 02-Nov-20200.0450
 01-Oct-20200.0450
 01-Sep-20200.0450
 03-Aug-20200.0450
 01-Jul-20200.0450
 01-Jun-20200.0450
 04-May-20200.0450
 03-Apr-20200.0450
 02-Mar-20200.0324
 03-Feb-20200.0324
 01-Jan-20200.0324
 02-Dec-20190.0324
 01-Nov-20190.0324
IDCW Half Yearly22-Sep-20210.1250

 22-Mar-20210.3000
 23-Sep-20200.2000
 25-Mar-20190.1801
 25-Sep-20180.0936
 26-Mar-20180.2347
 25-Sep-20170.1986
IDCW Quarterly22-Sep-20210.0750

 23-Jun-20210.0500
 22-Mar-20210.2000
 21-Dec-20200.1000
 23-Sep-20200.1000
 24-Jun-20200.1000
 25-Mar-20190.1080
 26-Dec-20180.0864
 25-Sep-20180.0720
 26-Jun-20180.0216
 26-Mar-20180.1083
 26-Dec-20170.1083
 25-Sep-20170.1083
 28-Jun-20170.1083
 22-Mar-20170.1806
 26-Dec-20160.1083
 26-Sep-20160.1083
 27-Jun-20160.1083
 28-Mar-20160.1806
 29-Dec-20140.1452
 25-Sep-20140.1948
 26-Jun-20140.1169
 26-Mar-20140.0701
IDCW Yearly22-Mar-20210.5000

 25-Mar-20190.2881
 26-Mar-20180.4334
Flexi IDCW28-Mar-20160.4334

Contact Information

AMC: UTI Asset Management Company Ltd

Address: UTI Tower, 'GN' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022- 66786666 / 66786354 / 1800-22-1230

Fax: 022-26523031

Email: [email protected]

Website: http://www.utimf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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