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 multi-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
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 11.31 | -4.78 | -2.90 | 13.86 | 17.52 | -- | -- | -- | -- | -- | -- |
| S&P BSE Bankex TRI | 8.62 | -4.87 | -3.35 | 12.46 | 15.04 | -- | -- | -- | -- | -- | -- |
| Equity: Sectoral-Banking | 11.59 | -4.44 | -2.80 | 14.07 | 18.46 | -- | -- | -- | -- | -- | -- |
| Rank within category | 5 | 26 | 16 | 5 | 6 | -- | -- | -- | -- | -- | -- |
| Number of funds in category | 28 | 28 | 28 | 28 | 27 | 24 | 23 | 17 | 17 | 11 | 8 |
As on 26-Feb-2021
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| UTI Bank Exchange Traded Fund - Regular Plan | Sep-20 | -- | -- | -- | 0.16 | 28 | |
| SBI Banking & Financial Services Fund - Regular Plan | Invest Online |  |
Feb-15 | 17.88 | 15.78 | 23.48 | 2.30 | 2,040 |
| Tata Banking and Financial Services Fund - Regular Plan | Invest Online |  |
Dec-15 | 18.95 | 13.03 | 21.81 | 2.60 | 581 |
| Nippon India ETF Bank BeES | Invest Online | May-04 | 17.58 | 11.14 | 20.04 | 0.18 | 7,589 | |
| Kotak Banking ETF Fund Regular | Invest Online | Dec-14 | 17.44 | 11.08 | 20.08 | 0.18 | 6,688 |
| 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 | -3.09 | 29-Dec-2020 - 28-Jan-2021 |
| Quarter | 48.57 | 24-Sep-2020 - 24-Dec-2020 | 17.52 | 27-Nov-2020 - 26-Feb-2021 |
| Year | -- | - | -- | - |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | -- | -- | -- | -- | -- | -- |
| S&P BSE Bankex TRI* | 9.84 | 33.35 | 0.16 | 0.18 | -- | -- |
| Equity: Sectoral-Banking* | 5.91 | 33.24 | 0.06 | 0.04 | 0.96 | -3.71 |
| 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-Jan-2021
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| Number of Stocks | 12 |
| Top 10 Stocks (%) | 98.36 |
| Top 5 Stocks (%) | 87.97 |
| Top 3 Sectors (%) | 100.00 |
| Portfolio P/B Ratio | 2.03 |
| Portfolio P/E Ratio | 23.60 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 2,93,908 | 2,20,014 |
| Giant (%) | 87.97 | 76.26 |
| Large (%) | 6.96 | 7.75 |
| Mid (%) | 5.07 | 13.77 |
| Small (%) | -- | 5.55 |
| Tiny (%) | -- | -- |
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| Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
|---|---|---|---|---|---|---|
|
HDFC Bank | Financial | 27.56 | 28.83 | 26.89 | 26.89 |
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ICICI Bank | Financial | 28.01 | 20.01 | 18.63 | 20.01 |
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Axis Bank | Financial | 74.19 | 16.59 | 14.36 | 16.59 |
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Kotak Mahindra Bank | Financial | 37.95 | 16.31 | 13.55 | 13.55 |
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State Bank of India | Financial | 15.02 | 10.93 | 9.56 | 10.93 |
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Indusind Bank | Financial | 35.45 | 5.40 | 4.37 | 4.85 |
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Bandhan Bank | Financial | 21.21 | 2.75 | 2.11 | 2.11 |
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Federal Bank | Financial | 11.33 | 1.46 | 1.31 | 1.46 |
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IDFC First Bank | Financial | 85.31 | 1.00 | 0.77 | 1.00 |
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RBL Bank | Financial | 24.73 | 1.15 | 0.95 | 0.97 |
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Bank of Baroda | Financial | 14.36 | 0.83 | 0.66 | 0.83 |
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Punjab National Bank | Financial | 41.13 | 0.81 | 0.46 | 0.81 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jan-2021
— Sharwan Kumar Goyal since 31-Aug-2020
Education: Mr.Goyal is B.Com, CFA and MMS.
Experience: Has 10 years of experience in Risk Management, Equity Research and portfolio Analysis.
Funds Managed:
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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.
| Minimum Investment (₹) | 5,000 |
| Minimum Addl Investment (₹) | -- |
| Minimum SIP Investment (₹) | -- |
| Minimum No of Cheques | -- |
| Minimum Withdrawal (₹) | -- |
| Minimum Balance (₹) | -- |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
| Fund House: | UTI Mutual Fund |
| Launch Date: | 01-Sep-2020 |
| Return Since Launch: | 47.81% |
| Benchmark: | NIFTY Bank TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | ₹ 28 Cr (As on 31-Jan-2021) |
| Expense: | 0.16% (As on 30-Sep-2020) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Turnover: | -- |
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
Saturday, 06-Mar-2021
04:00 PM - 04:30 PM