UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl
Equity
Direct
Sector - Financial Services
NAV: ₹ 69.66 as on 25-04-2024
Fund Performance
About the UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl
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 . The fund could potentially beat inflation in the long-run.
Key Parameters
- UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl has ₹1032 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.2.
UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl Overview
 | 1.19% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹1032 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 19.47% |
UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
62.8%
Small cap
19.5%
Mid cap
16.8%
Sector Allocation
Financial Services
99.3%
Tech
0.7%
Top Holdings of UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings31
UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.41% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.88% in Mar'24
AUM Change
- AUM of the fund stands at 1K Cr as of Mar'24
- AUM increased by 3.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Bajaj Finance Ltd | 12% |
 HDFC Bank Ltd | 4% |
 HDFC Life Insurance Company Ltd | 1.4% |
Peer Analysis
UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl 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 11.92% since inception which is less than its category average return of 15.7%
Fund Allocations
This fund has an allocation of 99.12% in Equity, 0.41% in Debt and 0.47% in Cash related instruments
AUM size ₹1032 Cr
This fund has AUM of ₹1032 Cr which is less than its category average of ₹ 1553 Cr
Expense Ratio 1.19%
This fund has an expense ratio of 1.19% which is less than its category average expense ratio of 1.41%
Frequently Asked Questions
The current NAV of UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl is ₹69.66 as on 25-Apr-2024.
Existing (Absolute + CAGR) as on 25-Apr-2024.
UTI Banking and Financial Services Fund-Direct Income Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 4.12% | 4.12% |
6 Month Returns | 16.08% | 16.08% |
1 Year Returns | 26.92% | 26.92% |
3 Years Returns | 62.86% | 17.65% |
5 Years Returns | 65.31% | 10.58% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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1.19% as on March 2024
₹1032 Cr as on March 2024
ICICI Bank Ltd(17.43%), HDFC Bank Ltd(14.5%), Bajaj Finance Ltd(5.78%), SBI Life Insurance Company Limited(4.84%), Axis Bank Ltd(4.67%) as on March 2024
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 | 11.85 | 4.37 | -1.6 |
As on March 2024
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 | 0.68 | 0.91 | 1.06 |
As on March 2024
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 | 1.68 | 0.67 | 0.3 |
As on March 2024
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 | 11.16 | 15.26 | 27.17 |
As on March 2024
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 1.23 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.78 as on March 2024. 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 Reinvestment Inc Dist cum Cap Wdrl is 1%