UTI Banking & PSU Fund - Growth

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

To generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs).

Scheme Details

Fund manager(s) – Anurag Mittal
Launch date – 03-Feb-2014
Expense ratio – 0.54% as declared on 30-Sep-2025 (category average is 0.69%)
Benchmark - NIFTY Banking & PSU Debt Index A-II

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

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

816.02

0.00

0.00%

Sep - 2025	816.02	0.00%
Aug - 2025	812.74	0.00%
Jul - 2025	810.30	0.00%
Jun - 2025	804.78	0.00%
May - 2025	799.59	0.00%
Apr - 2025	791.91	0.00%
Mar - 2025	785.18	0.00%
Feb - 2025	825.46	0.00%
Jan - 2025	814.21	0.00%

2024

810.42

0.00

0.00%

Dec - 2024	810.42	0.00	0.00%
Nov - 2024	806.13	0.00	0.00%
Oct - 2024	820.41	0.00	0.00%
Sep - 2024	824.14	0.00	0.00%
Aug - 2024	831.84	0.00	0.00%
Jul - 2024	841.00	0.00	0.00%
Jun - 2024	839.11	0.00	0.00%
May - 2024	895.64	81477.95	1.10%
Apr - 2024	947.38	80680.29	1.17%
Mar - 2024	946.59	80890.55	1.17%
Feb - 2024	982.63	80223.63	1.22%
Jan - 2024	944.16	80069.00	1.18%

2023

944.86

80183.65

1.18%

Dec - 2023	944.86	80183.65	1.18%
Nov - 2023	946.23	80346.64	1.18%
Oct - 2023	945.44	79368.49	1.19%
Sep - 2023	959.55	79654.45	1.20%
Aug - 2023	960.90	80332.61	1.20%
Jul - 2023	967.06	80956.57	1.19%
Jun - 2023	975.13	81787.54	1.19%
May - 2023	1026.42	81736.87	1.26%
Apr - 2023	858.78	81110.56	1.06%
Mar - 2023	657.32	78484.15	0.84%
Feb - 2023	524.57	73314.34	0.72%
Jan - 2023	532.40	73318.83	0.73%

2022

527.11

74208.59

0.71%

Dec - 2022	527.11	74208.59	0.71%
Nov - 2022	519.48	75252.58	0.69%
Oct - 2022	519.30	76651.58	0.68%
Sep - 2022	519.54	77785.30	0.67%
Aug - 2022	464.82	81880.91	0.57%
Jul - 2022	403.30	82785.88	0.49%
Jun - 2022	302.61	85128.49	0.36%
May - 2022	269.43	88850.75	0.30%
Apr - 2022	293.13	90323.24	0.32%
Mar - 2022	289.83	93415.66	0.31%
Feb - 2022	292.91	101302.44	0.29%
Jan - 2022	290.66	104608.33	0.28%

2021

300.81

106513.22

0.28%

Dec - 2021	300.81	106513.22	0.28%
Nov - 2021	289.08	113508.73	0.25%
Oct - 2021	246.04	116806.57	0.21%
Sep - 2021	222.42	117918.18	0.19%
Aug - 2021	227.33	122278.79	0.19%
Jul - 2021	240.80	120422.40	0.20%
Jun - 2021	257.42	120829.19	0.21%
May - 2021	263.72	120285.43	0.22%
Apr - 2021	266.31	119665.32	0.22%
Mar - 2021	273.44	118145.36	0.23%
Feb - 2021	286.30	125193.80	0.23%
Jan - 2021	294.32	127435.11	0.23%

2020

290.48

124611.44

0.23%

Dec - 2020	290.48	124611.44	0.23%
Nov - 2020	262.62	123371.11	0.21%
Oct - 2020	251.21	118432.81	0.21%
Sep - 2020	263.89	111348.87	0.24%
Aug - 2020	231.18	104914.41	0.22%
Jul - 2020	204.40	103791.81	0.20%
Jun - 2020	163.38	96186.47	0.17%
May - 2020	138.77	89853.66	0.15%
Apr - 2020	133.93	79340.17	0.17%
Mar - 2020	134.18	71984.40	0.19%
Feb - 2020	155.32	78722.15	0.20%
Jan - 2020	147.26	74112.05	0.20%

Tax Rate

Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

UTI Asset Management Co. Pvt. Ltd.

UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East) Mumbai 400051
Tel no.: 022-66786666
Fax no.: 022-66786503/66786578
Website.: www.utimf.com

Forum

NITINPIMPALE
MF Investment Help
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18 days ago

purchase unit will adjust difference in NAV 10.263 View more

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  purchase unit will adjust difference in NAV 10.263
  
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krishna_ksvs
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30 days ago

View more

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The Fixed Income
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20 hrs ago

Earn Stable Returns with the Trust of a Government-Backed Security! 8.48% JAMMU AND KASHMIR SDL UDAY 2029 ✔️ Coupon: 8.48% ✔️ Tenor: 3y 5m (Maturity: 30/Mar/2029) ✔️ Interest Payout: (Semi-Annual) Government Security | Safe Investment | Predictable Returns Protect your capital while earning consistent returns — secured by the Government of Jammu & Kashmir. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJhblpnPT0=/848-jammu-and-kashmir-sdl-uday-2029?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Earn Stable Returns with the Trust of a Government-Backed Security! 8.48% JAMMU AND KASHMIR SDL UDAY 2029 ✔️ Coupon: 8.48% ✔️ Tenor: 3y 5m (Maturity: 30/Mar/2029) ✔️ Interest Payout: (Semi-Annual) Government Security | Safe Investment | Predictable Returns Protect your capital while earning consistent returns — secured by the Government of Jammu & Kashmir. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJhblpnPT0=/848-jammu-and-kashmir-sdl-uday-2029?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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shravanashok
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80 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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  need your suggestion for sbi psu fund direct growth stay or switch
  
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ravisistla
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93 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

Posted by : ravisistla
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  Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know.
  
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sunny85deol
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131 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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