UTI Banking and Financial Services Fund
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies/institutions engaged in the banking and financial services activities.
Growthvine rating: 3/5 — ranked #27 of 87 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹204.86 (as of 2026-11-11) |
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| AUM | ₹1,339 Cr |
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| Expense ratio | 1.81% |
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| Riskometer | Very High |
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| Fund manager | Bhavesh Kanani |
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| Exit load | 1% for redemption within 30 days |
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Performance & risk
| 5-year annualised return | 8.40% |
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| Sharpe ratio | 0.36 |
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| Standard deviation | 16.10% |
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| Max drawdown | −63.33% |
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| Alpha | 2.39 |
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| Beta | 0.97 |
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Over 5 years, captured 102.3% of NIFTY Financial Services's upside and 89.8% of its downside.
Market cap allocation
| Large cap | 79.2% |
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| Mid cap | 10.0% |
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| Small cap | 10.7% |
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Concentration
| Top 5 holdings | 57.8% |
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| Top 10 holdings | 77.1% |
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| Total holdings | 37 |
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Top holdings
- HDFC Bank Ltd. — 17.6%
- ICICI Bank Ltd. — 10.4%
- State Bank Of India — 10.0%
- AXIS Bank Ltd. — 9.9%
- Kotak Mahindra Bank Ltd. — 9.9%
- Bajaj Finance Limited — 5.1%
- Shriram Finance Limited — 4.6%
- Ujjivan Small Finance Bank Limited — 3.9%
- SBI Life Insurance Company Limited — 3.9%
- ICICI Lombard General Insurance Company Limited — 1.8%
Top sectors
- Banking & Financial — 69.8%
- Finance & Investments — 18.0%
- Miscellaneous — 9.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 3.3% | Q2 | #38 of 76 |
| 2025 | 16.3% | Q1 (Top) | #12 of 69 |
| 2024 | 11.1% | Q4 (Bottom) | #50 of 58 |
| 2023 | 19.5% | Q4 (Bottom) | #44 of 48 |
| 2022 | 15.1% | Q1 (Top) | #11 of 46 |