UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option

UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option

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Debt
Direct
Banking & Psu
NAV: ₹ 17.61 as on 13-06-2024

About the Fund

UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option is a debt fund. This fund was started on 20 February, 2015. The fund is managed by Anurag Mittal. This fund is suitable to keep your money safe.

Key Parameters

  1. UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option has ₹947 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.

Returns

UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option has given a CAGR return of 6.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.68%, 7.55% and 7.30% respectively.

Holdings

UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.38% Govt Stock 2027, Axis Bank Limited, ICICI Bank Limited, Small Industries Development Bank Of India, Export-Import Bank of India

Taxation

As it is a banking & psu mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option

The investment objective of the scheme is to generate reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 20000.00 and for SIP is INR 500.00. UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.24%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹947 Cr
Inception Date
Inception Date
20 February, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹20000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
115.24%

UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Government
49.2%
Corporate
46.2%
Cash Equivalent
4.6%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 946.6 Cr
₹ 946.6 Cr
₹ 982.6 Cr
  • AUM of the fund stands at 946.6 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option as on (31-May-24)

  • Debt & Cash

Debt Holdings34
Holdings
Weight%
1M Change
7.38% Govt Stock 2027
7.38% Govt Stock 2027
13.52%
0%
Axis Bank Limited
Axis Bank Limited
6.13%
0%
ICICI Bank Limited
ICICI Bank Limited
5.88%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
5.59%
100%
Export-Import Bank of India
Export-Import Bank of India
5.58%
0%

Fund Manager

Anurag Mittal
Anurag Mittal
Fund Manager of UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option, since 1 December 2021

UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option Highlights

Risk meter
pointer

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 6.72% since inception which is more than its category average return of 5.51%
AUM size ₹947 Cr

AUM size ₹947 Cr

This fund has AUM of ₹947 Cr which is less than its category average of ₹ 3712 Cr
Expense Ratio 0.24%

Expense Ratio 0.24%

This fund has an expense ratio of 0.24% 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 Flexi Payout Inc Dist cum Cap Wdrl Option is ₹17.61 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option
Absolute Returns
CAGR Returns
1 Month Returns
0.72%
0.72%
6 Month Returns
4.02%
4.02%
1 Year Returns
6.68%
6.68%
3 Years Returns
24.42%
7.55%
5 Years Returns
42.24%
7.3%
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.
0.24% as on May 2024
₹947 Cr as on May 2024
7.38% Govt Stock 2027(13.52%), Axis Bank Limited(6.13%), ICICI Bank Limited(5.88%), Small Industries Development Bank Of India(5.59%), Export-Import Bank of India(5.58%) as on May 2024
Government(50%), Corporate(46.18%), Cash Equivalent(3.82%) as on May 2024
Yield to Maturity is 7.61 as on May 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 2.71 as on May 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 Flexi Payout Inc Dist cum Cap Wdrl Option
The Exit load of UTI Banking & PSU Fund Direct Plan Flexi Payout Inc Dist cum Cap Wdrl Option is 0%