UTI Banking & PSU Fund - IDCW - Direct Plan

Item: UTI Banking & PSU Fund - IDCW - Direct Plan
Rating: 4
Author: PersonalFN

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₹13.0178 0 %Nav, as on 06-09-2024
Previous Nav
₹ 13.0172
Net Change on 06-09-2024
₹0
PersonalFN Rating
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 831.84
Expense Ratio
0.36%
(As on Jul 31, 2024)

Fund Overview IDCW | Direct Plan

Fund House
UTI Mutual Fund
Launch Date
15-Sep-2014
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
20,000
Minimum Addl Investment (₹)
500
Exit Load (%)
Nil
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
16.33
52 Week Low Nav Date
06-Sep-2023
52 Week High Nav (₹)
17.60
52 Week High Nav Date
05-Sep-2024

Fund Objective

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 by Banks, Public Sector Undertakings (PSUs) and 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.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
UTI Banking & PSU Fund - Direct Plan - Monthly IDCW	7.69	8.93	7.78	7.97	6.94	5.57
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Banking and PSU Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
UTI Banking & PSU Fund - Direct Plan - Monthly IDCW	Sep 15, 2014	7.78	7.97	6.94	0.36	831.84
Bandhan Banking & PSU Debt Fund - Direct Daily IDCW	Feb 10, 2014	7.64	5.76	6.50	0.33	13,887.95
Bandhan Banking & PSU Debt Fund - Direct Fortnightly IDCW	Mar 13, 2013	7.73	5.77	6.60	0.33	13,887.95
Bandhan Banking & PSU Debt Fund - Direct IDCW	Mar 07, 2013	7.59	5.71	5.52	0.33	13,887.95
Bandhan Banking & PSU Debt Fund - Direct Monthly IDCW	Mar 13, 2013	7.59	5.72	6.56	0.33	13,887.95
Bandhan Banking & PSU Debt Fund - Direct Quarterly IDCW	Apr 09, 2014	7.59	5.72	6.36	0.33	13,887.95

Fund Holdings as on 31-August-2024

Company % Assets
7.38% GSEC 20/06/2027
10.99
07.37% GSEC MAT -23/10/2028
6.75
NCD AXIS BANK LTD.
6.61
NCD ICICI BANK LTD
6.38
NCD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
6.04
NCD EXPORT IMPORT BANK OF INDIA
6.03
NCD POWER FINANCE CORPORATION LTD.
4.84
NCD REC LTD
4.24
NCD HDFC BANK LTD.
4.21
NET CURRENT ASSETS
3.76
NCD INDIAN RAILWAY FINANCE CORPORATION LIMITED
3.63
NCD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
3.61
NCD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
3.08
NCD POWER FINANCE CORPORATION LTD.
3.01
NCD EXPORT IMPORT BANK OF INDIA
3.01
NCD INDIAN RAILWAY FINANCE CORPORATION LIMITED
3.01
NCD INDIAN OIL CORPORATION LTD.
2.94
7.06% GS MAT - 10/04/2028
1.82
NCD NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
1.81
NCD REC LTD
1.81
NCD NATIONAL HOUSING BANK
1.80
NCD ICICI BANK LTD
1.80
NCD NHPC LTD.
1.79
7.17% GSEC 08/01/2028
1.22
NCD POWER FINANCE CORPORATION LTD.
1.21
NCD REC LTD
1.21
NCD NHPC LTD.
1.20
GS - C STRIP MAT- 15/12/2027
0.67
7.85% TN SDL MAT - 15/03/2027
0.61
NCD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
0.60
CORPORATE DEBT MARKET DEVT FUND - A2 UNITS
0.29
CLEARING CORPORATION OF INDIA LTD. STD - MARGIN
0.03

Sector Holding%
Miscellaneous
73.86

Fund Manager

Anurag Mittal

Education:B.Com, ACA, MSc
Experience:4 Years
Basic Details:Mr. Anuraj Mittal has Wide experience in credit research.
Funds Managed:
UTI Balanced Advantage Fund
UTI Banking & PSU Fund
UTI Corporate Bond Fund
UTI Gilt Fund with 10 year Constant Duration
UTI Money Market Fund
UTI Low Duration Fund
UTI Balanced Advantage Fund
UTI Banking & PSU Fund
UTI Banking & PSU Fund
UTI Corporate Bond Fund
UTI Gilt Fund with 10 year Constant Duration
UTI Low Duration Fund
UTI Money Market Fund
UTI Low Duration Fund

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
03/09/2024
0.50
02/08/2024
0.50
02/07/2024
0.50
04/06/2024
0.50
03/05/2024
0.50
03/04/2024
0.50
04/03/2024
0.50
02/02/2024
0.50
02/01/2024
0.50
04/12/2023
0.50
02/11/2023
0.50
04/10/2023
0.50
04/09/2023
0.50
02/08/2023
0.50
04/07/2023
0.50
02/06/2023
0.50
03/05/2023
0.50
05/04/2023
0.50
02/03/2023
0.50
02/02/2023
0.50
03/01/2023
0.50
02/12/2022
0.50
02/11/2022
0.50
04/10/2022
0.50
02/09/2022
0.50
02/08/2022
0.50
04/07/2022
0.50
02/06/2022
0.50
04/05/2022
0.50
05/04/2022
0.50
03/03/2022
0.50
02/02/2022
0.50
04/01/2022
0.50
02/12/2021
0.50
02/11/2021
0.50
04/10/2021
0.50
02/09/2021
0.50
03/08/2021
0.50
02/07/2021
0.50
02/06/2021
0.50
04/05/2021
0.50
06/04/2021
0.50
02/03/2021
0.45
02/02/2021
0.45
04/01/2021
0.45
02/12/2020
0.45
03/11/2020
0.45
05/10/2020
0.45
02/09/2020
0.45
04/08/2020
0.45
02/07/2020
0.45
02/06/2020
0.45
05/05/2020
0.45
07/04/2020
0.45
03/03/2020
0.45
04/02/2020
0.45
02/01/2020
0.45
03/12/2019
0.45
04/11/2019
0.45
03/10/2019
0.45
04/09/2019
0.45
02/08/2019
0.45
02/07/2019
0.45
04/06/2019
0.45
03/04/2019
0.45
05/03/2019
0.45
04/02/2019
0.45
02/01/2019
0.45
04/12/2018
0.45
02/11/2018
0.45
03/10/2018
0.45
04/09/2018
0.45
02/08/2018
0.45
03/07/2018
0.45
04/06/2018
0.45
03/05/2018
0.45

Holding Type Holding %
CARE-AAA
4.21
Cash
3.79
CRISIL-AAA
56.68
ICRA-AAA
11.19
IND-AAA
1.79
SOV
22.06
Unrated
0.29

About UTI Banking & PSU Fund

Scheme Analysis

UTI Banking & PSU Fund is a Debt - Banking and PSU Fund fund and belongs to UTI Mutual Fund. It was launched on 15-Sep-2014 and currently has an AUM of ₹831.84 crore. UTI Banking & PSU Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Banking and PSU Debt Index as secondary index.

The NAV of UTI Banking & PSU Fund ended up ₹0(0%)yesterday to ₹13.0178.

Among its top 3 holdings the fund has exposure to 7.38% GSEC 20/06/2027, and

The UTI Banking & PSU Fund is managed by Anurag Mittal .

Fund House Contact

Address:

UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East) Mumbai - 400 051

Phone Number: +91 (22) 66786666

Email Address: service@uti.co.in

Fax Number: +91 (22) 66786503,56786578

Website: www.utimf.com

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