UTI Banking & PSU Debt Fund Direct Plan Growth
Debt
Direct
Banking & Psu
NAV: ₹ 18.7 as on 24-03-2023
Fund Performance
443 people have invested ₹ 63.7L in mutual fund in the last three months
Fund Insights
In the last 1 year, UTI Banking & PSU Debt Fund Direct Plan Growth has outperformed all funds in its category
In the last 3 years, UTI Banking & PSU Debt Fund Direct Plan Growth has outperformed all funds in its category
In the last 5 years, Edelweiss Banking and PSU Debt Fund Direct Plan Growth has given 7.96% return, outperforming UTI Banking & PSU Debt Fund Direct Plan Growth by 2.35% per annum
Over the last 1 month, UTI Banking & PSU Debt Fund Direct Plan Growth has increased expense ratio by 4.2% moving from 0.24 to 0.25
UTI Banking & PSU Debt Fund Direct Plan Growth has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.25% which is lower than the category average expense ratio of 0.55%
UTI Banking & PSU Debt Fund Direct Plan Growth Performance as on (24-Mar-23)
About the Fund
UTI Banking & PSU Debt Fund Direct Plan Growth is a debt fund. This fund was started on 3 February, 2014. The fund is managed by Anurag Mittal. This fund is suitable to keep your money safe.
Key parameters
1) UTI Banking & PSU Debt Fund Direct Plan Growth has a NAV of ₹18.7094 as on 24-03-2023.
2) UTI Banking & PSU Debt Fund Direct Plan Growth has ₹536 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.
3) The fund has an expense ratio 0.25 %.
UTI Banking & PSU Debt Fund Direct Plan Growth Overview
 | 0.25% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹536 Cr |
 | 3 February, 2014 |
 | ₹500/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 115.24% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
48.8%
Government
47.5%
Cash Equivalent
3.7%
Top Holdings of UTI Banking & PSU Debt Fund Direct Plan Growth as on (28-Feb-23)
Debt Holdings24
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 7.38 6/20/2027 12:00:00 Am | 20.51% | -4.5% | |
Power Finance Corporation Ltd. | 7.45% | 0% | |
National Housing Bank | 7.39% | 0% | |
Net Current Assets | 5.75% | 0% | |
Axis Bank Limited | 5.56% | 0% |
See all
UTI Banking & PSU Debt Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.07% whereas the fund’s underlying benchmark Banking and PSU Index returns stands at 0.21% as on Feb'23
- This fund underperformed Banking and PSU Index by 0.14% in Feb'23
AUM Change
- AUM of the fund stands at 524.6 Cr as of Feb'23
- AUM decreased by 7.8 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Power Finance Corporation Ltd.'s allocation increased from 0.93% to 7.45%
National Bank For Agriculture And Rural Development's allocation increased from 1.84% to 4.78%
ICICI Bank Limited's allocation increased from 0.88% to 2.75%
Top Stocks sold last month
National Housing Bank's allocation decreased from 7.48 % to 7.39 %
Axis Bank Limited's allocation decreased from 5.64 % to 5.56 %
Export Import Bank Of India's allocation decreased from 4.71 % to 4.65 %
Cash allocation has gone up from 2.8% to 3.7%
Debt allocation has gone down from 97.2% to 96.3%
Top 2 Sectors in February were Government, Corporate
Feb'23
Corporate
49%
Government
47%
Jan'23
Government
51%
Corporate
46%
Peer Analysis
UTI Banking & PSU Debt Fund Direct Plan Growth Fund Manager
Anurag Mittal
Fund Manager of UTI Banking & PSU Debt Fund Direct Plan Growth, since 1 December 2021
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.1% since inception which is more than its category average return of 5.41%
AUM size ₹536 Cr
This fund has AUM of ₹536 Cr which is less than its category average of ₹ 3500 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.48%
Frequently Asked Questions
The current NAV of UTI Banking & PSU Debt Fund Direct Plan Growth is 18.68 as on 20-Mar-2023.
Existing (Absolute + CAGR)
UTI Banking & PSU Debt Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.56% | 0.56% |
6 Month Returns | 2.6% | 2.6% |
1 Year Returns | 10.9% | 10.9% |
3 Years Returns | 24.67% | 7.63% |
5 Years Returns | 31.09% | 5.56% |
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.
0.24 as on February 2023
525 Cr as on February 2023
Yield to Maturity is 7.56 as on February 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.23 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Anurag Mittal is the fund manager of UTI Banking & PSU Debt Fund Direct Plan Growth
The Exit load of UTI Banking & PSU Debt Fund Direct Plan Growth is 0%