UTI Banking & PSU Fund Direct Plan Growth
Debt
Direct
Banking & Psu
NAV: ₹ 20.19 as on 23-04-2024
Fund Performance
227 people have invested ₹ 8.7L in UTI Banking & PSU Fund Direct Plan Growth in the last three months
Mutual Fund Insights
In the last 5 years, Nippon India Banking & PSU Debt Fund Direct Growth has given 7.43% return, outperforming this fund by 1.44% per annum.
In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.62% return, outperforming this fund by 0.98%.
In the last 3 years, this fund has outperformed all funds in its category.
This fund 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%.
Over the last 1 month, this fund has increased expense ratio by 4.2% moving from 0.24 to 0.25.
Over the last 1 month, this fund has experienced a 3.7% drop in AUM moving from 982.63 Cr to 946.59 Cr.
About the UTI Banking & PSU Fund Direct Plan Growth
UTI Banking & PSU 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
- UTI Banking & PSU Fund Direct Plan Growth has ₹947 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
UTI Banking & PSU Fund Direct Plan Growth Overview
 | 0.25% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹947 Cr |
 | 3 February, 2014 |
 | ₹500/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 115.24% |
UTI Banking & PSU Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
47.7%
Corporate
46.9%
Cash Equivalent
5.4%
Top Holdings of UTI Banking & PSU Fund Direct Plan Growth as on (31-Mar-24)
Debt Holdings35
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.38% Govt Stock 2027 | 12.73% | -42.9% | |
Rural Electrification Corporation Limited | 6.35% | 0% | |
Axis Bank Limited | 5.78% | 0% | |
ICICI Bank Limited | 5.54% | 0% | |
Export-Import Bank of India | 5.26% | 100% |
See all
UTI Banking & PSU Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 982.6 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
UTI Banking & PSU Fund Direct Plan Growth Fund Manager
Anurag Mittal
Fund Manager of UTI Banking & PSU Fund Direct Plan Growth, since 1 December 2021
Top funds managed
UTI Banking & PSU Fund Direct Plan Growth 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 7.12% since inception which is more than its category average return of 5.44%
AUM size ₹947 Cr
This fund has AUM of ₹947 Cr which is less than its category average of ₹ 3691 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.49%
Frequently Asked Questions
The current NAV of UTI Banking & PSU Fund Direct Plan Growth is ₹20.19 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
UTI Banking & PSU Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.39% | 0.39% |
6 Month Returns | 3.93% | 3.93% |
1 Year Returns | 6.64% | 6.64% |
3 Years Returns | 23.91% | 7.41% |
5 Years Returns | 33.76% | 5.99% |
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.
0.25% as on March 2024
₹947 Cr as on March 2024
7.38% Govt Stock 2027(12.73%), Rural Electrification Corporation Limited(6.35%), Axis Bank Limited(5.78%), ICICI Bank Limited(5.54%), Export-Import Bank of India(5.26%) as on March 2024
Government(47.74%), Corporate(46.91%), Cash Equivalent(5.35%) as on March 2024
Yield to Maturity is 7.51 as on March 2024. 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 2.69 as on March 2024. 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 Fund Direct Plan Growth
The Exit load of UTI Banking & PSU Fund Direct Plan Growth is 0%