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Unrated

UTI Bank Exchange Traded Fund


1 Lakh

Investment Grown to
₹ 1.20 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.30 Lakh

Suitability:

This is a fund that invests mainly in shares of banks and financial services companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • 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 7.68 -0.02 -0.61 7.26 -3.76 6.89 20.34 -- -- -- --
S&P BSE Bankex TRI 7.96 -0.33 -0.40 7.75 -2.54 7.83 19.67 -- -- -- --
Equity: Sectoral-Banking 6.98 -0.31 -0.37 6.58 -4.08 6.09 21.52 -- -- -- --
Rank within category 3 3 23 8 12 7 14 -- -- -- --
Number of funds in category 31 31 31 31 30 29 28 18 17 12 8

As on 18-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
UTI Bank Exchange Traded Fund
Unrated
Sep-20 20.34 -- -- 0.16% 26
SBI Banking & Financial Services Fund - Regular Plan  | Invest Online
5 star
Feb-15 16.59 15.05 17.11 1.96% 2,976
Tata Banking and Financial Services Fund - Regular Plan  | Invest Online
4 star
Dec-15 16.58 14.82 15.87 2.44% 854
Sundaram Financial Services Opportunities Fund - Regular Plan
4 star
Jun-08 21.30 16.73 14.32 2.63% 475
Nippon India ETF Bank BeES  | Invest Online
Unrated
May-04 20.27 11.21 14.68 0.18% 9,753

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 16.65 29-Jan-2021 - 05-Feb-2021 -8.35 17-Sep-2020 - 24-Sep-2020
Month 24.74 30-Oct-2020 - 01-Dec-2020 -13.27 12-Mar-2021 - 12-Apr-2021
Quarter 48.57 24-Sep-2020 - 24-Dec-2020 -10.94 12-Feb-2021 - 14-May-2021
Year 85.31 24-Sep-2020 - 24-Sep-2021 12.11 29-Dec-2020 - 29-Dec-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Bankex TRI* 15.59 33.24 0.36 0.44 -- --
Equity: Sectoral-Banking* 13.74 33.10 0.32 0.38 0.96 -1.33
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 12
Top 10 Stocks (%) 98.22
Top 5 Stocks (%) 84.99
Top 3 Sectors (%) 100.00
Portfolio P/B Ratio 2.32
Portfolio P/E Ratio 22.15

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 3,35,323 2,59,258
Giant (%) 84.99 74.21
Large (%) 5.91 8.58
Mid (%) 8.45 14.69
Small (%) 0.65 3.40
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up HDFC Bank Financial 23.35 30.15 26.06 27.80
down ICICI Bank Financial 26.45 22.91 18.63 22.62
down Kotak Mahindra Bank Financial 37.87 16.31 11.39 11.60
up Axis Bank Financial 22.37 16.59 11.08 11.52
down State Bank of India Financial 16.07 13.89 9.56 11.45
up Indusind Bank Financial 17.65 5.91 4.37 5.91
up AU Small Finance Bank Financial 35.12 2.34 0.00 2.33
up Bandhan Bank Financial -- 2.75 1.49 1.75
up The Federal Bank Financial 11.62 1.70 1.30 1.70
up IDFC First Bank Financial -- 1.54 0.77 1.54
up Punjab National Bank Financial 11.84 1.13 0.46 1.13
up RBL Bank Financial -- 1.15 0.65 0.65

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-Dec-2021

Fund Manager

— Sharwan Kumar Goyal since 31-Aug-2020

Education: Mr.Goyal is B.Com, CFA and MMS.

Experience: He began his career with UTI in June 2006 and has 15 years of overall experience in Risk / Fund management. Presently he is working as Equity Fund Manager.

Funds Managed:


-0.02%

Change from previous, NAV as on 18-Jan-2022

Growth: ₹ 38.2645


Investment Strategy

The scheme seeks to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) --
Min. SIP Investment (₹) --
Min. No of Cheques --
Min. Withdrawal (₹) --
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 01-Sep-2020
Return Since Launch: 42.40%
Benchmark: NIFTY Bank TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 26 Cr (As on 31-Dec-2021)
Expense: 0.16% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: --
Turnover: --

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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