UTI Nifty Private Bank Index Fund
- NAV as on 25 Sep 2026
- ₹9.89+0.44%1 day
- Return since launch
- -0.8%
- 52-week range
- ₹8.87 — ₹10.73
- AUM
- ₹239 Cr
UTI Nifty Private Bank Index Fund is a Sectoral-Banking equity fund from UTI Mutual Fund with ₹239 Cr under management, launched in 2024. The expense ratio is 1.01% and the SEBI riskometer reading is Very High.
Performance
UTI Nifty Private Bank Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +1.1% 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 | -4.2% | −7.6 pts | 3.4% | -3.7% |
| 2Y | 0.2% | −2.1 pts | 2.4% | 2.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.1% | +1.9 pts | -5.0% | -3.9% |
| 3M | -4.1% | −0.6 pts | -3.5% | -3.4% |
| 6M | 7.7% | +0.3 pts | 7.4% | 7.3% |
| 1Y | 1.0% | −2.4 pts | 3.4% | 2.0% |
| 2Y | -1.1% | −2.6 pts | 1.4% | 1.2% |
Since launch (2 Sep 2024): -0.8%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 15.3% | −3.3 pts | 18.6% |
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
1.04%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.84%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.20%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Private Bank 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.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
UTI Nifty Private Bank Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity99.8%
- Other0.2%
Market cap split
- Large80.5%
- Mid16.9%
- Small2.6%
- P/E
- 16.92
- P/B
- 2.04
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 22.05% | ₹52.58 Cr | +19.99% | +21.65% | +22.47% |
| Kotak Mahindra Bank Ltd. | Financial | 20.71% | ₹49.40 Cr | +20.10% | +18.35% | +18.68% |
| Axis Bank Ltd. | Financial | 18.96% | ₹45.23 Cr | +20.70% | +21.55% | +18.05% |
| HDFC Bank Ltd. | Financial | 18.62% | ₹44.40 Cr | +19.38% | +18.97% | +22.03% |
| The Federal Bank Ltd. | Financial | 5.90% | ₹14.07 Cr | +5.46% | +5.58% | +4.25% |
| Indusind Bank Ltd. | Financial | 4.49% | ₹10.71 Cr | +4.62% | +4.77% | +4.39% |
| IDFC First Bank Ltd. | Financial | 3.83% | ₹9.13 Cr | +3.62% | +3.68% | +4.05% |
| Yes Bank Ltd. | Financial | 2.69% | ₹6.42 Cr | +3.12% | +2.75% | +3.25% |
| RBL Bank Ltd. | Financial | 1.58% | ₹3.76 Cr | +1.60% | +1.46% | +1.40% |
| Bandhan Bank Ltd. | Financial | 1.00% | ₹2.39 Cr | +1.42% | +1.21% | +1.24% |
| Others | Others | 0.18% | ₹0.44 Cr | 0.00% | +0.03% | +0.19% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 19.95% | 18.62% | -1.33% |
| Kotak Mahindra Bank Ltd. | 19.57% | 20.71% | +1.14% |
| Axis Bank Ltd. | 18.21% | 18.96% | +0.75% |
| Others | 0.39% | 0.18% | -0.20% |
| The Federal Bank Ltd. | 6.02% | 5.90% | -0.13% |
| Bandhan Bank Ltd. | 1.08% | 1.00% | -0.08% |
| ICICI Bank Ltd. | 22.10% | 22.05% | -0.05% |
| Indusind Bank Ltd. | 4.54% | 4.49% | -0.05% |
| Yes Bank Ltd. | 2.72% | 2.69% | -0.03% |
| RBL Bank Ltd. | 1.58% | 1.58% | 0.00% |
| IDFC First Bank Ltd. | 3.83% | 3.83% | 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% | -0.6% | 8.8% | 12.4% |
 SBI Banking & Financial Services Fund | ₹10,873 Cr | 2.16% | -7.2% | 6.8% | 11.6% |
 Invesco India Financial Services Fund | ₹1,896 Cr | 2.19% | -3.1% | 7.8% | 13.2% |
 Bandhan Financial Services Fund | ₹1,122 Cr | 2.49% | -2.7% | 5.5% | — |
 Quant BFSI Fund | ₹922 Cr | 3.48% | 14.7% | 15.3% | — |
 Kotak Nifty Financial Services Ex-Bank Index Fund | ₹99.18 Cr | 0.83% | -4.7% | 8.6% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide returns that, before expenses, corresponds to the total return of the securities as represented by the underlying index, subject to tracking error.
Fund managers
- Ayush JainMr. Jain is B.Com, C.A and CFA (level 1).Prior to joining UTI Mutual Fund, he has worked with PMS and Anand Saklecha & Co..
- Lokesh KulthiaBCom (Hons), MBA (Finance), PGPFMMr. Kulthia is associated with Equity Research team as a Manager since the year 2021. He joined UTI AMC as Assistance Manager at Dept of Sales. He has over 4 years of experience in the field of Research.
- Sharwan Kumar GoyalMr.Goyal is B.Com, CFA and MMS.He began his career with UTI in June 2006 and has 15 years of overall experience in Risk / Fund management. Presently he is working as Equity Fund Manager.
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 months7.70% absolute | ₹60,000 | ₹64,620 | 7.70% | |
| 1 year1.04% annualised | ₹1,20,000 | ₹1,20,678 | 0.57% |
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.