UTI Banking and Financial Services Fund Growth

• Alpha -10.91%
• Beta 1.11
• Sharpe Ratio1.16
• Std Deviation 14.09%
• Tracking Error 6.88%

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 1294.71 crores & has delivered CAGR of 21.86% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.17%. 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 & Exceptional respectively.

The top holdings of the fund include Icici Bank, Hdfc Bank, Axis Bank & Bajaj Finance.

The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Insurance (Life) & Investment Services.

Some of the similar funds are Invesco India Financial Services Fund Growth, Sundaram Financial Services Opportunities Fund Regular Plan Growth, UTI Banking and Financial Services Fund Growth, DSP Banking & Financial Services Fund Regular Growth, Kotak Banking & Financial Services Fund Regular Growth. UTI Banking and Financial Services Fund Growth has a sharpe ratio of 1.16 & a standard deviation of 14.09%.