UTI Banking and Financial Services Fund Growth

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Equity
Sector - Financial Services
Rating 2
Plan

179.09 +0.45 (0.25%) NAV as on 13 Dec, 2024

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)1170.31
CAGR 17.54%
Exit Load1.00%
Expense ratio2.20%
CategoryEquity
Min Investment5000
Min SIP500
Launch Date2004-04-07

Asset Allocation

Holdings As On - 15 December 2024

Holdings

Sectors

Name
Value (Cr)
Holding %

ICICI Bank
186.74
16.11%

HDFC Bank
174.60
15.06%

Axis Bank
71.90
6.20%

Shriram Finance
61.76
5.33%

State Bank Of India
61.52
5.31%

REC
43.51
3.75%

Karur Vysya Bank
42.41
3.66%

Peer Comparison

Fund Name
Sundaram Financial Services Opportunities Fund Institutional Growth15.72%
Invesco India Financial Services Fund Growth26.99%
Sundaram Financial Services Opportunities Fund Regular Plan Growth14.16%
UTI Banking and Financial Services Fund Growth17.54%
DSP Banking & Financial Services Fund Regular Growth22.65%

Risk & Volitility

Alpha -10.91%
Beta 1.11
Sharpe Ratio0.62
Std Deviation 14.62%
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 1170.31 crores & has delivered CAGR of 12.05% 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 ICICI Bank, HDFC Bank, Axis Bank & Shriram 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, 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. UTI Banking and Financial Services Fund Growth has a sharpe ratio of 0.62 & a standard deviation of 14.62%.