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UTI Banking & PSU Fund

Growth
20.920.10% (+0.02)
Investment Checklist

Returns

Fund's average annual rolling returns over the last three years is compared against the funds from the same category

Fund has been able to generate better returns compared to other funds in the same category

Expense Ratio

Expense Ratio is the fee paid by investors of Mutual Funds. Fund's expense ratio is compared against the expense ratio of other funds in the same category to check if the fund is charging more or less compared to other funds in the same category

Less expense ratio implies better returns over the long term

Return vs FD Rates

If fund's return is lower than the average fixed deposit rates offered by banks, investors are better off investing the amount in a FD

Fund has not been able to generate better price return than bank FD

Red Flags

We check for various red flags on fund's portfolio holdings like - ratings for debt securities, pledging of promoter shares in the company, default probabiity of the company, stocks presense in negative lists published by the exchanges etc. Checkout the Holdings section in the Portfolio tab for full list of securties with red flags

Total holdings with red flags is insignificant

UTI Banking & PSU Fund

Growth
DebtBanking & PSU Fund
Mid-size FundAssets Under Mgmt: ₹ 840 Cr
Moderate RiskPrinciple investment will be at moderate risk
20.920.10% (+0.02)

Price Chart

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Returns
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1M
6M
1Y
3Y
5Y
Max
SIP
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1M
6M
1Y
3Y
5Y
Max
SIP
Investment Checklist

Returns

Fund's average annual rolling returns over the last three years is compared against the funds from the same category

Fund has been able to generate better returns compared to other funds in the same category

Expense Ratio

Expense Ratio is the fee paid by investors of Mutual Funds. Fund's expense ratio is compared against the expense ratio of other funds in the same category to check if the fund is charging more or less compared to other funds in the same category

Less expense ratio implies better returns over the long term

Return vs FD Rates

If fund's return is lower than the average fixed deposit rates offered by banks, investors are better off investing the amount in a FD

Fund has not been able to generate better price return than bank FD

Red Flags

We check for various red flags on fund's portfolio holdings like - ratings for debt securities, pledging of promoter shares in the company, default probabiity of the company, stocks presense in negative lists published by the exchanges etc. Checkout the Holdings section in the Portfolio tab for full list of securties with red flags

Total holdings with red flags is insignificant

DebtBanking & PSU Fund
Mid-size FundAssets Under Mgmt: ₹ 840 Cr
Moderate RiskPrinciple investment will be at moderate risk

Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
0.377.384.84
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
0.517.404.94

Scheme Info

PlanPlanLock inLock inExit LoadExit Load
Growth0 yrs0.00%
Nil
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 500
Initial: ₹ 500 Incremental: ₹ 500
BenchmarkBenchmark
NIFTY Banking and PSU Debt Index

About Banking & PSU Fund

Banking and PSU funds are the debt funds that lend money to banks and public sector companies only. The risk of default is less as the borrowers are of high quality. The performance also depends on the interest rates in the economy.

Peers & Comparison

Comparing 3 mutual funds from 
DebtBanking & PSU Fund

Returns

Scheme

Ratios

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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
UTI Banking & PSU Fund7.97%8.08%7.19%
Bandhan Banking & PSU Debt Fund7.86%5.85%7.80%
Axis Banking & PSU Debt Fund7.72%5.83%7.83%
Aditya Birla SL Banking & PSU Debt8.17%6.05%8.47%

Price Comparison

Compare UTI Banking & PSU Fund with any MF, ETF, stock or index
Compare UTI Banking & PSU Fund with any MF, ETF, stock or index
UTI Banking & PSU Fund
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Asset Allocation

Actual

Target

Dec 2023

Mar 2024

Jun 2024

Aug 2024

ACTUAL
Cash & EquivalentsGovernment SecuritiesCorporate Debt0.29%3.79%22.06%73.86%

Dec 2023

Mar 2024

Jun 2024

Aug 2024

Tickertape Separator

Sector Distribution

+3 moreOthersPrivate BanksG-SecConsumer FinancePublic Banks5.95 %4.05 %18.99 %22.06 %22.97 %25.97 %

Dec 2023

Mar 2024

Jun 2024

Aug 2024

Tickertape Separator

Sector Weightage

Jun 23Sep 23Dec 23Mar 24Jun 24Aug 2427.15%22.32%22.12%28.50%25.67%25.97%
Public Banks as a % of total holdings for last six quarters
Tickertape Separator

Current Holdings

Debt

Others

  • Constituent
    Holding Weight
    3M Change
  • GSEC RESERVE BANK OF INDIA MATURING 20/06/2027
    SOV
    3M change : -1.05 %|SOV

    Holdings

    10.99 %

    -1.05 %
  • 07.37% GSEC MAT -23/10/2028
    SOV
    3M change : 4.33 %|SOV

    Holdings

    6.75 %

    4.33 %
  • NCD AXIS BANK LTD.
    CRISIL-AAA
    3M change : 0.08 %|CRISIL-AAA

    Holdings

    6.61 %

    0.08 %

AMC Profile

UTI AMC commenced operations from February 1, 2003. It has been promoted by four sponsors, namely, SBI, Life Insurance Corporation of India, Bank of Baroda and Punjab National Bank and each of them hold 25% of the paid up capital of UTI AMC.

  • No.of Schemes

    62

  • Total AUM

    ₹ 2,09,678.70 Cr.

Fund Manager Profile

Anurag Mittal

AUM:  ₹25,779.84 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 4yrs

Qualification

B.Com, ACA, MSc

Past Experience

Mr. Anuraj Mittal has Wide experience in credit research.

Funds Managed (12)

Manager Performance (0)

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Tax Implications

Invested period < 2 years

Gains are added to taxable income and taxed according to the individual’s income tax slab

Invested period > 2 years(Investments from 1st April 2023)

Gains are added to taxable income and taxed according to the individual’s income tax slab

Invested period > 2 years(Investments before 1st April 2023)

Gains are treated as long-term capital gains and taxed at 12.5%

Let’s calculate your returns after tax

Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.
Annual Income
As per the tax implications, in some cases, tax on MF returns depends on your annual income slab

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Opinions and Fund Reviews

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