UTI-Nifty Bank Exchange Traded Fund
ETFs FundNAV
52.28(0.39%)Fund Size (CR)
₹3,529.72Expense Ratio
0.16Scheme Type
Passive FundValue Research
Min. investment
₹5,000Minimum Additional Investment
₹0Minimum SIP Investment
₹undefinedMinimum Withdrawal
₹0Exit Load
0%Return Since Launch
20.21%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Sharwan Kumar Goyal
Bench Mark
Nifty Bank TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 23 December 2024 | 9927.82 | -0.72% | - | -0.29% | 176/232 |
| 1 Month | 29 November 2024 | 9786.57 | -2.13% | - | -1.21% | 153/232 |
| 3 Month | 30 September 2024 | 9615.20 | -3.85% | - | -4.84% | 91/225 |
| 6 Month | 28 June 2024 | 9755.47 | -2.45% | - | 1.81% | 162/210 |
| 1 Year | 29 December 2023 | 10630.49 | 6.30% | 6.30% | 16.21% | 170/188 |
| 3 Year | 30 December 2021 | 14857.44 | 48.57% | 14.11% | 13.83% | 51/118 |
| 5 Year | - | - | 0% | - | 15.44% | -/- |
| Since Inception | 3 September 2020 | 22170.88 | 121.71% | 20.21% | 17.41% | 53/233 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 January 2024 | 1,30,000 | 132990.65 | 2.30% | 2.30% |
| 3 Year | 3 January 2022 | 3,70,000 | 442674.58 | 19.64% | 6.16% |
| 5 Year | 1 October 2020 | 5,20,000 | 599191.87 | 15.23% | 2.88% |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 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 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
4.25%
Standard Deviation
1.00%
Beta
0.52%
Sharpe Ratio
0.05%
Treynor's Ratio
-0.10%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| HDFC Bank | 29.38% | 5773924 | 1037.03 | Equity | Banks |
| ICICI Bank | 24.52% | 6657995 | 865.61 | Equity | Banks |
| St Bk of India | 10.24% | 4306674 | 361.31 | Equity | Banks |
| Kotak Mah. Bank | 9.00% | 1799638 | 317.68 | Equity | Banks |
| Axis Bank | 8.67% | 2693497 | 306.06 | Equity | Banks |
| IndusInd Bank | 3.94% | 1397532 | 139.17 | Equity | Banks |
| Federal Bank | 3.09% | 5174425 | 109.07 | Equity | Banks |
| Bank of Baroda | 2.75% | 3941506 | 97.12 | Equity | Banks |
| IDFC First Bank | 2.53% | 13920739 | 89.20 | Equity | Banks |
| Canara Bank | 2.06% | 7123445 | 72.67 | Equity | Banks |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|
News
UTI Conservative Hybrid Fund announces Income Distribution cum capital withdrawal (IDCW)
UTI Mutual Fund has announced IDCW is 01 January 2025 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under Regular Plan-Monthly IDCW Option and Direct Plan-Monthly IDCW Option of UTI Conservative Hybrid Fund. The quantum of IDCW will be Rs 0.0800 per unit or 0.80% on the face value of Rs 10 per unit.Powered by Capital Market - Live News
UTI MF announces change in benchmark index under its schemes
UTI Mutual Fund has announced change in the benchmark of UTI Annual Interval Fund ' I with effect from November 29, 2024Changes in Benchmark Index:
Scheme Name Existing Tier I Benchmark as per PRC Matrix Revised Tier I Benchmark as per PRC Matrix UTI Annual Interval Fund ' I CRISIL Low Duration Debt Index CRISIL Low Duration Debt A-I Index UTI Annual Interval Fund - II CRISIL Low Duration Debt Index CRISIL Low Duration Debt A-I Index UTI Fixed Term Income Fund Series XXXVI - I (1574 Days) CRISIL Medium to Long Term Debt Index CRISIL Short Duration Debt A-II Index Powered by Capital Market - Live News
UTI Conservative Hybrid Fund announces Income Distribution cum capital withdrawal (IDCW)
UTI Mutual Fund has announced IDCW is 02 December 2024 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under Regular Plan-Monthly IDCW Option and Direct Plan-Monthly IDCW Option of UTI Conservative Hybrid Fund. The quantum of IDCW will be Rs 0.0800 per unit or 0.80% on the face value of Rs 10 per unit.Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
31 August 2020
Total AUM (Cr)
₹3529.72
UTI-Nifty Bank Exchange Traded Fund is an ETFs Fund-oriented fund from the renowned AMC, UTI Mutual Fund. Launched in 31 August 2020, this fund is managed by Sharwan Kumar Goyal. With assets under management (AUM) worth ₹3,529.72 (Cr), as of 1 January 2025, UTI-Nifty Bank Exchange Traded Fund is categorized as a ETFs Fund within its segment. The fund has generated a return of 20.21% since its launch.
The current NAV of UTI-Nifty Bank Exchange Traded Fund is ₹52.28, as on 1 January 2025. The fund's benchmark index is Nifty Bank TRI. You can invest in UTI-Nifty Bank Exchange Traded Fund via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 14.11% and undefined% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 100.00% in Equity, .
The top 5 sectors the fund invests in are: 100.00% in Banks, 0.00% in Cash & Others
FAQs
How to Invest in UTI-Nifty Bank Exchange Traded Fund Direct Growth?
UTI-Nifty Bank Exchange Traded Fund is a popular fund in the ETFs Fund segment. The fund has generated a return of 20.21% since inception. Looking to invest in UTI-Nifty Bank Exchange Traded Fund How about earning 1% extra return? All this is possible with m.Stock! Investing in UTI-Nifty Bank Exchange Traded Fund is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, UTI-Nifty Bank Exchange Traded Fund
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in UTI-Nifty Bank Exchange Traded Fund today and reap the benefits of this ETFs Fund fund!
How much returns has UTI-Nifty Bank Exchange Traded Fund Direct Growth generated?
What is the expense ratio of UTI-Nifty Bank Exchange Traded Fund Direct Growth?
What is the AUM of UTI-Nifty Bank Exchange Traded Fund Fund Direct Growth?
How to redeem or withdraw money from UTI-Nifty Bank Exchange Traded Fund Direct Growth?
Redeeming or selling units of UTI-Nifty Bank Exchange Traded Fund is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from UTI-Nifty Bank Exchange Traded Fund:
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case UTI-Nifty Bank Exchange Traded Fund).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).