UTI Banking and Financial Services Fund
Sectoral-BankingVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹190.54+0.61%1 day
- Return since launch
- 12.7%
- 52-week range
- ₹171.91 — ₹206.11
- AUM
- ₹1,452 Cr
UTI Banking and Financial Services Fund is a Sectoral-Banking equity fund from UTI Mutual Fund with ₹1,452 Cr under management, launched in 2005. Over three years it has returned 6.3% a year, against 10.8% for its category. The expense ratio is 2.38% and the SEBI riskometer reading is Very High.
Performance
UTI Banking and Financial Services Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +2.8% against +2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -3.2% | −6.6 pts | 3.4% | -4.1% |
| 2Y | 2.6% | +0.4 pts | 2.2% | 1.9% |
| 3Y | 6.3% | −4.6 pts | 10.8% | 4.9% |
| 5Y | 10.3% | +0.7 pts | 9.6% | 9.1% |
| 7Y | 12.4% | +0.1 pts | 12.3% | 11.2% |
| 10Y | 10.5% | −0.8 pts | 11.3% | 10.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.3% | +0.8 pts | -5.0% | -4.3% |
| 3M | -2.9% | +0.6 pts | -3.5% | -3.4% |
| 6M | 7.3% | −0.1 pts | 7.4% | 7.3% |
| 1Y | 2.8% | −0.6 pts | 3.4% | 2.1% |
| 2Y | 2.0% | +0.6 pts | 1.4% | 0.8% |
| 3Y | 11.3% | +0.5 pts | 10.8% | 9.4% |
| 5Y | 9.5% | −0.2 pts | 9.6% | 8.7% |
| 7Y | 10.1% | −0.9 pts | 11.0% | 9.7% |
| 10Y | 9.5% | −1.8 pts | 11.3% | 10.1% |
Since launch (1 Aug 2005): 12.7%
Calendar-year returns
Category average-5.3%
14.3%
15.1%
19.5%
11.0%
16.3%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 16.3% | −2.3 pts | 18.6% |
| 2024 | 11.0% | −1.0 pts | 12.0% |
| 2023 | 19.5% | −1.9 pts | 21.4% |
| 2022 | 15.1% | −1.4 pts | 16.5% |
| 2021 | 14.3% | −2.2 pts | 16.4% |
| 2020 | -5.3% | −5.3 pts | -0.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.37%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.80%
- Brokerage
- 0.09%
- Transaction charges
- 0.00%
- Statutory levies
- 0.48%
- Exit load
- Exit load of 1%, if redeemed within 30 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Financial Services TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 2.08 | 6.55 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.97 | 0.92 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.51 | 0.75 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.66 | 0.96 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.64 | 16.34 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
UTI Banking and Financial Services Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity96.3%
- Debt0.0%
- Other3.7%
Market cap split
- Large80.5%
- Mid10.9%
- Small8.6%
- P/E
- 17.28
- P/B
- 2.33
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 16.24% | ₹236 Cr | +17.08% | +14.01% | +15.63% |
| ICICI Bank Ltd. | Financial | 11.53% | ₹167 Cr | +13.08% | +13.79% | +20.62% |
| State Bank of India | Financial | 10.17% | ₹148 Cr | +8.98% | +7.17% | +5.43% |
| Axis Bank Ltd. | Financial | 10.16% | ₹148 Cr | +7.87% | +10.78% | +7.49% |
| Kotak Mahindra Bank Ltd. | Financial | 9.39% | ₹136 Cr | +7.31% | +9.47% | +7.81% |
| Bajaj Finance Ltd. | Financial | 5.15% | ₹74.77 Cr | +7.69% | +5.66% | +5.89% |
| Shriram Finance Ltd | Financial | 4.04% | ₹58.60 Cr | +5.43% | +3.79% | +3.24% |
| Others | Others | 3.74% | ₹54.25 Cr | +4.29% | +6.58% | +3.50% |
| Ujjivan Small Finance Bank Ltd. | Financial | 3.71% | ₹53.91 Cr | +2.79% | +2.66% | +2.22% |
| SBI Life Insurance Company Ltd. | Insurance | 3.32% | ₹48.21 Cr | +3.78% | +1.57% | +1.15% |
| Multi Commodity Exchange Of India Ltd. | Services | 2.39% | ₹34.68 Cr | +1.81% | +2.57% | +1.77% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.71% | ₹24.84 Cr | +1.23% | +0.94% | +0.88% |
| Aavas Financiers Ltd. | Financial | 1.69% | ₹24.59 Cr | +1.95% | +1.35% | +1.43% |
| Max Financial Services Ltd. | Financial | 1.69% | ₹24.54 Cr | +1.95% | +1.98% | +3.19% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 1.62% | ₹23.50 Cr | +2.01% | +2.00% | 0.00% |
| Bajaj Finserv Ltd. | Financial | 1.61% | ₹23.44 Cr | +3.27% | +1.17% | +1.28% |
| HDFC Life Insurance Co Ltd. | Insurance | 1.46% | ₹21.19 Cr | +1.73% | +2.21% | +2.92% |
| Life Insurance Corporation of India | Insurance | 1.12% | ₹16.30 Cr | — | — | — |
| Bank of Maharashtra | Financial | 1.05% | ₹15.18 Cr | — | — | — |
| KFin Technologies Ltd. | Financial | 1.03% | ₹15.00 Cr | +0.99% | +0.39% | +0.47% |
| Aditya Birla Capital Ltd. | Financial | 0.99% | ₹14.33 Cr | +0.54% | — | — |
| Billionbrains Garage Ventures Ltd. | Financial | 0.86% | ₹12.48 Cr | +0.76% | — | — |
| General Insurance Corporation of India | Insurance | 0.86% | ₹12.48 Cr | +0.32% | +0.23% | — |
| Indusind Bank Ltd. | Financial | 0.83% | ₹12.04 Cr | +0.81% | +0.80% | +0.70% |
| Seshaasai Technologies Ltd. | Services | 0.74% | ₹10.80 Cr | +0.59% | +0.51% | — |
| Sundaram Finance Ltd. | Financial | 0.68% | ₹9.83 Cr | — | — | — |
| India Shelter Finance Corporation Ltd. | Financial | 0.48% | ₹6.98 Cr | +1.46% | +1.42% | +2.89% |
| Cholamandalam Financial Holdings Ltd. | Financial | 0.46% | ₹6.68 Cr | — | — | — |
| ICICI Prudential Asset Management Company Ltd. | Financial | 0.42% | ₹6.13 Cr | +0.79% | +0.66% | — |
| BSE Ltd. | Services | 0.34% | ₹4.92 Cr | — | — | — |
| AU Small Finance Bank Ltd. | Financial | 0.26% | ₹3.75 Cr | — | +0.44% | — |
| CreditAccess Grameen Ltd. | Financial | 0.16% | ₹2.26 Cr | — | +0.44% | +0.55% |
| PB Fintech Ltd. | Services | 0.06% | ₹0.94 Cr | +0.32% | — | — |
| HDB Financial Services Ltd. | Financial | 0.03% | ₹0.41 Cr | — | +0.24% | +0.30% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 0.01% | 3.72% | +3.71% |
| Bajaj Finance Ltd. | 7.86% | 5.15% | -2.71% |
| Multi Commodity Exchange Of India Ltd. | 0.94% | 2.39% | +1.45% |
| State Bank of India | 8.91% | 10.17% | +1.26% |
| Life Insurance Corporation of India | 0.00% | 1.12% | +1.12% |
| Bank of Maharashtra | 0.00% | 1.05% | +1.05% |
| HDFC Bank Ltd. | 17.28% | 16.24% | -1.04% |
| ICICI Bank Ltd. | 12.47% | 11.53% | -0.95% |
| PB Fintech Ltd. | 0.95% | 0.06% | -0.88% |
| Kotak Mahindra Bank Ltd. | 8.81% | 9.39% | +0.58% |
| CreditAccess Grameen Ltd. | 0.66% | 0.16% | -0.51% |
| Axis Bank Ltd. | 9.69% | 10.16% | +0.47% |
| Bajaj Finserv Ltd. | 2.06% | 1.61% | -0.44% |
| Aditya Birla Capital Ltd. | 0.56% | 0.99% | +0.43% |
| BSE Ltd. | 0.00% | 0.34% | +0.34% |
| SBI Life Insurance Company Ltd. | 3.62% | 3.32% | -0.30% |
| Shriram Finance Ltd | 3.84% | 4.04% | +0.20% |
| Aavas Financiers Ltd. | 1.84% | 1.69% | -0.15% |
| Billionbrains Garage Ventures Ltd. | 0.74% | 0.86% | +0.12% |
| Ujjivan Small Finance Bank Ltd. | 3.83% | 3.71% | -0.12% |
| ICICI Lombard General Insurance Company Ltd. | 1.69% | 1.62% | -0.07% |
| Max Financial Services Ltd. | 1.62% | 1.69% | +0.07% |
| India Shelter Finance Corporation Ltd. | 0.53% | 0.48% | -0.05% |
| HDB Financial Services Ltd. | 0.00% | 0.03% | +0.03% |
| HDFC Life Insurance Co Ltd. | 1.49% | 1.46% | -0.03% |
| KFin Technologies Ltd. | 1.01% | 1.03% | +0.03% |
| Sundaram Finance Ltd. | 0.70% | 0.68% | -0.02% |
| Seshaasai Technologies Ltd. | 0.72% | 0.74% | +0.02% |
| Cholamandalam Financial Holdings Ltd. | 0.48% | 0.46% | -0.02% |
| General Insurance Corporation of India | 0.87% | 0.86% | -0.01% |
| ICICI Prudential Asset Management Company Ltd. | 0.43% | 0.42% | -0.01% |
| Cholamandalam Investment and Finance Company Ltd. | 1.72% | 1.71% | -0.01% |
| AU Small Finance Bank Ltd. | 0.25% | 0.26% | +0.01% |
| Indusind Bank Ltd. | 0.83% | 0.83% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,982 Cr | 2.23% | -1.0% | 8.8% | 12.4% |
 SBI Banking & Financial Services Fund | ₹10,873 Cr | 2.16% | -7.6% | 6.8% | 11.6% |
 Invesco India Financial Services Fund | ₹1,896 Cr | 2.18% | -3.5% | 7.8% | 13.2% |
 Bandhan Financial Services Fund | ₹1,122 Cr | 2.49% | -3.1% | 5.5% | — |
 Quant BFSI Fund | ₹922 Cr | 3.48% | 14.2% | 15.4% | — |
 Kotak Nifty Financial Services Ex-Bank Index Fund | ₹99.18 Cr | 0.83% | -5.1% | 8.7% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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.
Fund managers
- Bhavesh KananiMBA Finance, B.ComPrior to joining the UTI AMC, he was associated with Svan Investments, ASK Group, Centrum Institutional Research, Sharekhan
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months7.27% absolute | ₹60,000 | ₹64,362 | 7.27% | |
| 1 year2.79% annualised | ₹1,20,000 | ₹1,21,829 | 1.52% | |
| 3 years11.28% annualised | ₹3,60,000 | ₹4,30,054 | 19.46% | |
| 5 years9.48% annualised | ₹6,00,000 | ₹7,69,854 | 28.31% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of UTI Banking and Financial Services Fund?
The NAV of UTI Banking and Financial Services Fund is ₹190.54 as on 25 Sep 2026.
What is the expense ratio of UTI Banking and Financial Services Fund?
The expense ratio of UTI Banking and Financial Services Fund is 2.38% per year.
What is the minimum SIP amount for UTI Banking and Financial Services Fund?
You can start a SIP in UTI Banking and Financial Services Fund with ₹3,000 a month.
What returns has UTI Banking and Financial Services Fund given?
UTI Banking and Financial Services Fund has returned -3.2% over 1 year, 6.3% over 3 years and 10.3% over 5 years (annualised).
Is there a lock-in or exit load on UTI Banking and Financial Services Fund?
Lock-in: None. Exit load: Exit load of 1%, if redeemed within 30 days..
How risky is UTI Banking and Financial Services Fund?
UTI Banking and Financial Services Fund is rated Very High on the SEBI riskometer and belongs to the Sectoral-Banking category.
Which fund house manages UTI Banking and Financial Services Fund?
UTI Banking and Financial Services Fund is managed by UTI Mutual Fund, which runs 66 schemes with ₹3,94,848 Cr under management.