UTI Banking and Financial Services Fund Direct Growth
Equity
Direct
Sector - Financial Services
NAV as on 11-03-2025
₹ 185.4
▲0.7%
1D
Inception Returns
11.5%
/yr
About UTI Banking and Financial Services Fund Direct Growth
UTI Banking and Financial Services Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Banking and Financial Services Fund Direct Growth has ₹1107 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 1.2.
Returns
UTI Banking and Financial Services Fund Direct Growth has given a CAGR return of 11.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.38%, 16.60% and 15.35% respectively.
Holdings
UTI Banking and Financial Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, Shriram Finance Ltd, India Shelter Finance Corporation Ltd
Taxation
As it is a sector - financial services mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of UTI Banking and Financial Services Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. UTI Banking and Financial Services Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
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74 people have invested ₹ 4.9L in UTI Banking and Financial Services Fund Direct Growth in the last three months
INDmoney Rank for UTI Banking and Financial Services Fund Direct Growth
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IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
UTI Banking and Financial Services Fund Direct Growth Overview
| Expense ratio | 1.2% |
Benchmark | S&P BSE BANKEX INR |
| AUM | ₹1107 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 59.42% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (11-Mar-25)
Fund Distribution
as on (31-Jan-25)
Large cap
68.9%
Small cap
16.3%
Mid cap
10.3%
Sector Allocation
Financial Services
99.1%
Tech
0.9%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 1.1K Cr as of Jan'25
- AUM decreased by 26.5 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Multi Commodity Exchange of India Ltd's allocation increased from 0.68% to 1.78%
BSE Ltd's allocation increased from 0% to 1.01%
Equitas Small Finance Bank Ltd Ordinary Shares's allocation increased from 0.36% to 1.18%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 15.45 % to 15.15 %
State Bank of India's allocation decreased from 5.17 % to 5.14 %
Shriram Finance Ltd's allocation decreased from 4.92 % to 4.74 %
Mid Cap allocation has gone down from 12.3% to 12%
Large Cap allocation has gone up from 66.3% to 67.5%
Small Cap allocation has gone up from 16.5% to 17.8%
Cash allocation has gone down from 3.8% to 2.7%
Top 2 Sectors in January were Financial Services, Tech
Jan'25
Financial Services
99%
Tech
Dec'24
Financial Services
98%
Tech
2%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Shriram Finance Ltd | 16.2% |
 India Shelter Finance Corporation Ltd | 12.4% |
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Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.34L Cr
as on 31-Jan-2025
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
Phone
+912266786666
Website
pms_care@uti.co.in
Mutual Fund Insights
In the last 5 years, Nippon India Banking & Financial Services Fund Direct Plan - Growth has given 18.52% return, outperforming this fund by 3.17% per annum.
In the last 3 years, Sundaram Financial Services Opportunities Fund Direct Plan Growth Option has given 19.65% return, outperforming this fund by 3.05% per annum.
Over the last 3 months, this fund has experienced a 5.4% drop in AUM moving from 1.17K Cr to 1.10K Cr.
Over the last 3 months, this fund has decreased expense ratio by 4.0% moving from 1.25 to 1.20.
In the last 1 year, DSP Banking & Financial Services Fund Direct Growth has given 17.08% return, outperforming this fund by 9.7%.
UTI Banking and Financial Services Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 11.45% since inception which is more than its category average return of 11.04%
Fund Allocations
This fund has an allocation of 95.46% in Equity, 0% in Debt and 4.54% in Cash related instruments
AUM size ₹1107 Cr
This fund has AUM of ₹1107 Cr which is less than its category average of ₹ 1786 Cr
Expense Ratio 1.2%
This fund has an expense ratio of 1.2% which is less than its category average expense ratio of 1.26%
Frequently Asked Questions for UTI Banking and Financial Services Fund Direct Growth
The current NAV of UTI Banking and Financial Services Fund Direct Growth is ₹185.4 as on 11-Mar-2025.
Existing (Absolute + CAGR) as on 11-Mar-2025.
UTI Banking and Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.23% | -0.23% |
6 Month Returns | -4.17% | -4.17% |
1 Year Returns | 7.38% | 7.38% |
3 Years Returns | 58.54% | 16.6% |
5 Years Returns | 104.22% | 15.35% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.2% as on February 2025
₹1107 Cr as on February 2025
ICICI Bank Ltd(18.22%), HDFC Bank Ltd(15.74%), Axis Bank Ltd(6.15%), Shriram Finance Ltd(5.49%), India Shelter Finance Corporation Ltd(4.69%) as on February 2025
The alpha ratio for the UTI Banking and Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Banking and Financial Services Fund Direct Growth | -6.87 | 2.84 | 0.81 |
As on February 2025
The alpha for UTI Banking and Financial Services Fund Direct Growth is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the UTI Banking and Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Banking and Financial Services Fund Direct Growth | 1.09 | 0.94 | 1.06 |
As on February 2025
The Beta for UTI Banking and Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the UTI Banking and Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI Banking and Financial Services Fund Direct Growth | 0.05 | 0.59 | 0.4 |
As on February 2025
The sharpe ratio for UTI Banking and Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the UTI Banking and Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI Banking and Financial Services Fund Direct Growth | 11.97 | 14.26 | 26.64 |
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.17 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.52 as on February 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of UTI Banking and Financial Services Fund Direct Growth is 1%