UTI Banking and Financial Services Fund - IDCW

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Scheme Objective

An open-ended fund to provide capital appreciation through investments in the stocks of the companies/institutions engaged in the banking and financial services activities.

Scheme Details

Fund manager(s) – Amit Premchandani
Launch date – 19-Apr-2004
Expense ratio – 2.14% as declared on 31-Oct-2025 (category average is 2.13%)
Benchmark - Nifty Financial Services TRI

Min SIP amount - ₹500
Min investment amount (one time- first time) - ₹5000
Min investment amount (addtional purchase) - ₹1000
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

UTI Banking and Financial Services Fund - IDCW charges 1.0% of sell value; if fund sold before 30 days. There are no other charges.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

1346.79

0.00

0.00%

Oct - 2025	1346.79	0.00%
Sep - 2025	1287.39	0.00%
Aug - 2025	1255.45	0.00%
Jul - 2025	1304.90	0.00%
Jun - 2025	1355.60	0.00%
May - 2025	1294.71	0.00%
Apr - 2025	1263.64	0.00%
Mar - 2025	1211.18	0.00%
Feb - 2025	1106.91	0.00%
Jan - 2025	1127.80	0.00%

2024

1154.26

0.00

0.00%

Dec - 2024	1154.26	0.00	0.00%
Nov - 2024	1170.31	0.00	0.00%
Oct - 2024	1159.45	0.00	0.00%
Sep - 2024	1191.78	0.00	0.00%
Aug - 2024	1150.06	0.00	0.00%
Jul - 2024	1144.85	0.00	0.00%
Jun - 2024	1140.83	0.00	0.00%
May - 2024	1056.18	332799.42	0.32%
Apr - 2024	1079.86	310216.11	0.35%
Mar - 2024	1031.88	294067.45	0.35%
Feb - 2024	1028.60	284307.77	0.36%
Jan - 2024	1022.09	267953.19	0.38%

2023

1002.30

255901.49

0.39%

Dec - 2023	1002.30	255901.49	0.39%
Nov - 2023	950.66	234412.57	0.41%
Oct - 2023	897.71	216198.17	0.42%
Sep - 2023	918.86	217772.16	0.42%
Aug - 2023	911.68	209306.98	0.44%
Jul - 2023	930.55	204388.31	0.46%
Jun - 2023	924.32	193871.64	0.48%
May - 2023	891.09	185597.81	0.48%
Apr - 2023	867.34	178010.71	0.49%
Mar - 2023	833.15	171836.03	0.48%
Feb - 2023	824.35	167436.63	0.49%
Jan - 2023	824.29	166554.89	0.49%

2022

862.65

167608.09

0.51%

Dec - 2022	862.65	167608.09	0.51%
Nov - 2022	867.02	172528.96	0.50%
Oct - 2022	841.40	166705.18	0.50%
Sep - 2022	790.69	157738.78	0.50%
Aug - 2022	804.46	156463.28	0.51%
Jul - 2022	770.18	152963.27	0.50%
Jun - 2022	675.05	140454.87	0.48%
May - 2022	715.67	145456.40	0.49%
Apr - 2022	721.54	148233.23	0.49%
Mar - 2022	729.46	147952.10	0.49%
Feb - 2022	712.61	141958.74	0.50%
Jan - 2022	746.93	144634.29	0.52%

2021

710.14

145331.60

0.49%

Dec - 2021	710.14	145331.60	0.49%
Nov - 2021	719.44	138109.60	0.52%
Oct - 2021	767.51	138049.48	0.56%
Sep - 2021	749.82	135487.80	0.55%
Aug - 2021	745.35	130063.32	0.57%
Jul - 2021	710.98	122998.72	0.58%
Jun - 2021	712.21	113966.58	0.62%
May - 2021	725.98	108995.82	0.67%
Apr - 2021	672.32	101180.94	0.66%
Mar - 2021	677.12	97890.77	0.69%
Feb - 2021	695.68	95056.43	0.73%
Jan - 2021	621.85	88774.68	0.70%

2020

652.92

87074.79

0.75%

Dec - 2020	652.92	87074.79	0.75%
Nov - 2020	625.59	78410.56	0.80%
Oct - 2020	517.92	71179.12	0.73%
Sep - 2020	480.72	68093.54	0.71%
Aug - 2020	513.16	68601.85	0.75%
Jul - 2020	470.28	65177.73	0.72%
Jun - 2020	456.31	62364.34	0.73%
May - 2020	403.03	58108.50	0.69%
Apr - 2020	435.51	58981.31	0.74%
Mar - 2020	377.75	51838.98	0.73%
Feb - 2020	584.11	66675.46	0.88%
Jan - 2020	657.18	68411.85	0.96%

Tax Rate

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.