UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl
Equity
Direct
Sector - Financial Services
NAV: ₹ 60.6 as on 27-09-2023
Fund Performance
7 people have invested ₹ 5.1L in UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl in the last three months
About the Fund
UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl has ₹912 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 1.2.
UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl Overview
 | 1.18% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹912 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 19.47% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
69.9%
Small cap
14.3%
Mid cap
13%
Sector Allocation
Financial Services
98.6%
Tech
1.4%
Top Holdings of UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings27
Debt Holdings1
UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -1.42% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund underperformed Nifty 500 by 0.67% in Aug'23
AUM Change
- AUM of the fund stands at 911.7 Cr as of Aug'23
- AUM decreased by 18.9 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
KFin Technologies Ltd | 17.9% |
 Max Financial Services Ltd | 15.2% |
 Indian Bank | 9% |
Top Losers | 1M Return |
|---|---|
 State Bank of India | -8.3% |
 HDFC Bank Ltd | -5.5% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 11.21% since inception which is less than its category average return of 27.1%
Fund Allocations
This fund has an allocation of 97.24% in Equity, 0.12% in Debt and 2.63% in Cash related instruments
AUM size ₹912 Cr
This fund has AUM of ₹912 Cr which is less than its category average of ₹ 1453 Cr
Expense Ratio 1.18%
This fund has an expense ratio of 1.18% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions
The current NAV of UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl is ₹60.56 as on 27-Sep-2023.
Existing (Absolute + CAGR) as on 27-Sep-2023.
UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.52% | 1.52% |
6 Month Returns | 18.28% | 18.28% |
1 Year Returns | 19.45% | 19.45% |
3 Years Returns | 112.45% | 28.55% |
5 Years Returns | 66.56% | 10.74% |
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.
1.18% as on August 2023
₹912 Cr as on August 2023
HDFC Bank Ltd(19.27%), ICICI Bank Ltd(17.03%), Axis Bank Ltd(8.12%), State Bank of India(3.99%), SBI Life Insurance Company Limited(3.91%) as on August 2023
The alpha ratio for the UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl | 5.17 | 2.47 | -4.2 |
As on August 2023
The alpha for UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl | 0.88 | 0.99 | 1.09 |
As on August 2023
The Beta for UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl | 0.62 | 0.87 | 0.21 |
As on August 2023
The sharpe ratio for UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl | 11.89 | 21.71 | 28.62 |
As on August 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.97 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.68 as on August 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl is 1%