UTI Banking and Financial Services Fund Growth
You have to be logged in to add this to Watchlist.
- Rating 2
- Plan
- 5D
- 1M
- 6M
- 1Y
- 5Y
- MAX
Key Metrics
- AUM (in Cr)1140.83
- CAGR 24.03%
- Exit Load1.00%
- Expense ratio2.20%
- CategoryEquity
- Min Investment5000
- Min SIP500
- Launch Date2004-04-07
Asset Allocation
Holdings As On - 21 July 2024
- Name
- Value (Cr)
- Holding %
- HDFC Bank
- 241.40
- 21.16%
- ICICI Bank
- 155.35
- 13.62%
- Axis Bank
- 89.84
- 7.87%
- Bajaj Finance
- 67.08
- 5.88%
- Shriram Finance
- 50.70
- 4.44%
- State Bank Of India
- 40.75
- 3.57%
- Indian Bank
- 37.69
- 3.30%
- Karur Vysya Bank
- 37.42
- 3.28%
- REC
- 35.84
- 3.14%
- India Shelter Finance Corporation
- 33.42
- 2.93%
Peer Comparison
- Fund Name
- Sundaram Financial Services Opportunities Fund Institutional Growth35.44%
- Sundaram Financial Services Opportunities Fund Regular Plan Growth33.59%
- Invesco India Financial Services Fund Growth37.1%
- UTI Banking and Financial Services Fund Growth24.03%
- Kotak Banking & Financial Services Fund Regular Growth24.37%
Risk & Volitility
- Alpha -10.91%
- Beta 1.11
- Sharpe Ratio0.66
- Std Deviation 15.42%
- Tracking Error 6.88%
About Fund
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.
The UTI Banking and Financial Services Fund Growth has an AUM of 1140.83 crores & has delivered CAGR of 11.49% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.20%. The minimum investment in UTI Banking and Financial Services Fund Growth is Rs 5000 and the minimum SIP is Rs 500.
As per morningstar the risk & return rating of the fund are Medium & High respectively.
The top holdings of the fund include HDFC Bank, ICICI Bank, Axis Bank & Bajaj Finance.
The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Investment Services & Misc. Financial Services.
Some of the similar funds are Sundaram Financial Services Opportunities Fund Institutional Growth, Sundaram Financial Services Opportunities Fund Regular Plan Growth, Invesco India Financial Services Fund Growth, UTI Banking and Financial Services Fund Growth, Kotak Banking & Financial Services Fund Regular Growth. UTI Banking and Financial Services Fund Growth has a sharpe ratio of 0.66 & a standard deviation of 15.42%.
