UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl
Equity
Direct
Sector - Financial Services
NAV: ₹ 57.1 as on 01-06-2023
Fund Performance
About the Fund
UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Preethi S. The fund could potentially beat inflation in the long-run.
Key parameters
1) UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl has a NAV of ₹57.0911 as on 01-06-2023.
2) UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl has ₹867 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
3) The fund has an expense ratio 1.36 %.
UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl Overview
 | 1.36% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹867 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 19.39% |
Fund Distribution as on (30-Apr-23)
Size breakup
Large cap
82%
Small cap
9.1%
Mid cap
7.8%
Sector Allocation
Financial Services
99%
Tech
1%
Top Holdings of UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl as on (31-May-23)
Equity Holdings25
UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at -0.00% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.73% as on Apr'23
- This fund outperformed Nifty 500 by 0.73% in Apr'23
AUM Change
- AUM of the fund stands at 867.3 Cr as of Apr'23
- AUM increased by 34.2 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Gainers & Losers in UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl portfolio as on (30-Apr-23)
Top Growth Drivers | 1M Return |
|---|---|
 State Bank of India | 9.8% |
 HDFC Bank Ltd | 4.8% |
 ICICI Bank Ltd | 3.8% |
Peer Analysis
UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Preethi S
Fund Manager of UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl, since 2 May 2022
Top funds managed
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 10.94% since inception which is less than its category average return of 27.68%
Fund Allocations
This fund has an allocation of 98.86% in Equity, 0% in Debt and 1.14% in Cash related instruments
AUM size ₹867 Cr
This fund has AUM of ₹867 Cr which is less than its category average of ₹ 1461 Cr
Expense Ratio 1.36%
This fund has an expense ratio of 1.36% which is less than its category average expense ratio of 1.51%
Frequently Asked Questions
The current NAV of UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl is ₹57.09 as on 01-Jun-2023.
Existing (Absolute + CAGR) as on 01-Jun-2023.
UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 3.46% | 3.46% |
6 Month Returns | 1.16% | 1.16% |
1 Year Returns | 21.72% | 21.72% |
3 Years Returns | 115.28% | 29.12% |
5 Years Returns | 42.49% | 7.34% |
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1.36% as on May 2023
₹867 Cr as on May 2023
HDFC Bank Ltd(19.85%), ICICI Bank Ltd(18.39%), Axis Bank Ltd(8.82%), State Bank of India(7.58%), Housing Development Finance Corp Ltd(6.72%) as on May 2023
The alpha ratio for the UTI Banking and Financial Services Fund-Direct Income Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl | 2.78 | 2.18 | -4.91 |
As on May 2023
The alpha for UTI Banking and Financial Services Fund-Direct Income Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl | 1 | 1.01 | 1.09 |
As on May 2023
The Beta for UTI Banking and Financial Services Fund-Direct Income Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl | - | - | - |
As on May 2023
The sharpe ratio for UTI Banking and Financial Services Fund-Direct Income Reinvestment 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 Reinvestment 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 Reinvestment Inc Dist cum Cap Wdrl | 19.06 | 22.63 | 28.82 |
As on May 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.
Information ratio is 0.72 as on May 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Preethi S is the fund manager of UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl
The Exit load of UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl is 1%