UTI Banking & PSU Debt Fund Direct Plan Growth

UTI Banking & PSU Debt Fund Direct Plan Growth

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Debt
Direct
Banking & Psu

NAV: ₹ 19.4 as on 20-09-2023

Fund Performance
zero opening, trading, fund transfer fee
370 people have invested ₹ 41.8L in UTI Banking & PSU Debt Fund Direct Plan Growth in the last three months

Fund Insights

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Over the last 3 months, this fund has decreased expense ratio by 8.0% moving from 0.25 to 0.23.
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In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.71% return, outperforming this fund by 0.88%.
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In the last 3 years, this fund has outperformed all funds in its category.
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Over the last 6 months, this fund has experienced a 82.2% growth in AUM moving from 524.57 Cr to 955.77 Cr.
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This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.23% which is lower than the category average expense ratio of 0.54%.
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In the last 5 years, Bandhan Banking & PSU Debt Fund Direct Growth has given 7.96% return, outperforming this fund by 2.13% per annum.

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 ₹956 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

UTI Banking & PSU Debt Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.23%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹956 Cr
Inception Date
Inception Date
3 February, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
115.24%

Fund Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Aug'23

Jul'23

Jun'23

Government

53.2%

Corporate

42.4%

Cash Equivalent

4.5%

Top Holdings of UTI Banking & PSU Debt Fund Direct Plan Growth as on (31-Aug-23)

  • Debt & Cash

Debt Holdings31
Holdings
Weight%
1M Change
7.38% Govt Stock 2027
7.38% Govt Stock 2027
20.99%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
6.29%
0%
Axis Bank Limited
Axis Bank Limited
5.72%
0%
ICICI Bank Limited
ICICI Bank Limited
5.46%
0%
Hindustan Petroleum Corporation Limited
Hindustan Petroleum Corporation Limited
5.25%
0%

UTI Banking & PSU Debt Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 960.9 Cr
₹ 967.1 Cr
₹ 975.1 Cr
  • AUM of the fund stands at 960.9 Cr as of Aug'23
  • AUM decreased by 6.2 Cr between Aug'23 and Jul'23

Fund Portfolio Changes

UTI Banking & PSU Debt Fund Direct Plan Growth Fund Manager

Anurag Mittal

Anurag Mittal

Fund Manager of UTI Banking & PSU Debt Fund Direct Plan Growth, since 1 December 2021

Fund Highlights

Risk meter
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Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

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 5.51%
AUM size ₹956 Cr

AUM size ₹956 Cr

This fund has AUM of ₹956 Cr which is less than its category average of ₹ 3794 Cr
Expense Ratio 0.23%

Expense Ratio 0.23%

This fund has an expense ratio of 0.23% 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 ₹19.4 as on 20-Sep-2023.
Existing (Absolute + CAGR) as on 20-Sep-2023.
UTI Banking & PSU Debt Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.75%
0.75%
6 Month Returns
3.83%
3.83%
1 Year Returns
6.83%
6.83%
3 Years Returns
21.95%
6.84%
5 Years Returns
32.72%
5.82%
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.
0.23% as on August 2023
₹956 Cr as on August 2023
7.38% Govt Stock 2027(20.99%), Rural Electrification Corporation Limited(6.29%), Axis Bank Limited(5.72%), ICICI Bank Limited(5.46%), Hindustan Petroleum Corporation Limited(5.25%) as on August 2023
Government(53.41%), Corporate(42.59%), Cash Equivalent(4%) as on August 2023
Yield to Maturity is 7.46 as on August 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 3.12 as on August 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%