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UTI Banking and Financial Services Fund - Regular Plan - Growth Option

(Erstwhile UTI Banking Sector Fund-Growth Option)
Fund House: UTI Mutual Fund
Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 01-08-2005
Asset Class: Equity
Benchmark: Nifty Financial Services TRI
TER: 2.32% As on (31-07-2023)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 911.68 Cr As on (31-08-2023)
Turn over: 29% | Exit Load: Exit load of 1%, if redeemed within 30 days.
NAV as on 22-09-2023

137.9647

-0.39 (-0.2804%)

CAGR Since Inception

12.84%

Benchmark: 7.3%

PERFORMANCE

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Gold
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PPF
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RETURNS ANALYSIS

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Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
1 Years 3 Months
5 Years 0 Months
5 Years 3 Months
12 Years 5 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

An open-ended equity fund with the objective to provide capital appreciation through investments in the stocks of the companies/institutions engaged in the banking and financial services activities.

Current Asset Allocation (%)

Indicators

Standard Deviation 21.71
Sharpe Ratio 0.83
Alpha 0.55
Beta 0.91
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date		 1 Year
Return(%)		 2 Year
Return(%)		 3 Year
Return(%)		 5 Year
Return(%)		 10 Year
Return(%)
UTI Banking and Financial Services Fund - Regular Plan - Growth Option 01-08-2005 11.63 8.09 26.78 8.76 13.42
Sundaram Financial Services Opportunities Fund Regular Plan - Growth 10-06-2008 21.82 13.78 30.11 15.93 16.61
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 19.72 10.83 26.11 14.41 -
Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option 01-05-2003 17.92 14.61 34.46 12.36 17.12
Mirae Asset Banking and Financial Services Fund Regular Growth 15-12-2020 17.56 10.76 - - -
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth 01-12-2013 17.29 9.97 29.48 12.19 -
HDFC Banking and Financial Services Fund - Growth Option 05-06-2021 16.55 9.79 - - -
Taurus Banking & Financial Services Fund - Regular Plan - Growth 22-05-2012 14.36 10.01 25.96 13.43 14.42
LIC MF Banking And Financial Services Fund-Regular Plan-Growth 23-03-2015 13.97 12.48 26.2 11.8 -
Invesco India Financial Services Fund - Retail Growth 14-07-2008 13.79 7.57 24.15 12.45 16.43

Scheme Characteristics

Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

12.98%

Others

2.75%

Large Cap

69.91%

Mid Cap

14.35%

Scheme Documents

August 2023

Monthly Portfolio Disclosure - August 2023

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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