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Business News/Market/Market Stats/    UTI Banking and Financial Services Fund Growth

UTI Banking and Financial Services Fund Growth

+
  • Equity
  • Sector - Financial Services
  • Rating 2
  • Plan
158.01 -1.27 (-0.80%) NAV as on 12 Apr, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)1031.88
  • CAGR 30.57%
  • Exit Load1.00%
  • Expense ratio2.26%
  • CategoryEquity
  • Min Investment5000
  • Min SIP500
  • Launch Date2004-04-07

Morning Star Rating 2

Moderate
Risk
Good
Return

Asset Allocation

Holdings As On - 13 April 2024

  • Name
  • Value (Cr)
  • Holding %
View More

Risk & Volitility

  • Alpha -10.91%
  • Beta 1.11
  • Sharpe Ratio0.60
  • Std Deviation 15.25%
  • 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 1031.88 crores & has delivered CAGR of 9.48% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.26%. 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 Moderate & Good 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, Investment Services & Insurance (Life).

 

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 0.60 & a standard deviation of 15.25%.

FAQs about UTI Banking and Financial Services Fund Growth

According to the morning star rating UTI Banking and Financial Services Fund Growth has a Moderate risk & Good return.
UTI Banking and Financial Services Fund Growth is managed by Preethi S.
The expense ratio of UTI Banking and Financial Services Fund Growth is 2.26%.
The 5 year annualized return on UTI Banking and Financial Services Fund Growth is 9.48% & it has generated 30.57% in the last 1 year.
The minimum investment in UTI Banking and Financial Services Fund Growth is 5000 Rs.
UTI Banking and Financial Services Fund Growth has an AUM of 1031.88 crores.
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