UTI Banking and Financial Services Fund - Direct Plan - Growth Option
As on 19 Sept 2024
UTI Banking and Financial Services Fund - Direct Plan - Growth Option
EquityNAV
₹ 201.55
CAGR (3 Years)
15.40%
AUM (Cr)
₹ 1,150.06
Risk
Very High Risk
About UTI Banking and Financial Services Fund - Direct Plan - Growth Option
objective of the scheme is 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. However, there can be no assurance or guarantee that the investment objective o
Breakdown of this Fund
Banks
118.60%
Debt Others
3.69%
Finance
49.86%
Financial Services
7.19%
Fixed Deposits
0.01%
Insurance
12.05%
Stock/ Commodity Brokers
4.07%
T Bills
0.76%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
1.27
Exit Load
1.00% - If redeemed / switched out less than one year from the date of allotment...
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.