UTI Banking and Financial Services Fund Direct Growth

Fund Overview

Fund Size

₹1,339 Cr

Expense Ratio

1.38%

ISIN

INF789F01SN3

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

UTI Banking and Financial Services Fund Direct Growth is a Sector - Financial Services mutual fund schemes offered by UTI Mutual Fund. This fund has been in existence for 13 years, 9 months and 11 days, having been launched on 01-Jan-13.
As of 09-Oct-26, it has a Net Asset Value (NAV) of ₹217.31, Assets Under Management (AUM) of 1339.13 Crores, and an expense ratio of 1.38%.

UTI Banking and Financial Services Fund Direct Growth has given a CAGR return of 11.35% since inception.
The fund's asset allocation comprises around 98.73% in equities, 0.00% in debts, and 1.27% in cash & cash equivalents.
You can start investing in UTI Banking and Financial Services Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

-0.51%

+0.39% (Cat Avg.)

3 Years

+12.32%

+10.59% (Cat Avg.)

5 Years

+10.69%

+10.40% (Cat Avg.)

10 Years

+10.48%

+11.24% (Cat Avg.)

Since Inception

+11.35%

— (Cat Avg.)

Portfolio Summaryas of 30th September 2026

Equity	₹1,322.13 Cr	98.73%
Others	₹17 Cr	1.27%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹235.64 Cr	17.60%
ICICI Bank Ltd	Equity	₹138.91 Cr	10.37%
State Bank of India	Equity	₹133.71 Cr	9.98%
Axis Bank Ltd	Equity	₹133.02 Cr	9.93%
Kotak Mahindra Bank Ltd	Equity	₹132.4 Cr	9.89%
Bajaj Finance Ltd	Equity	₹67.87 Cr	5.07%
Shriram Finance Ltd	Equity	₹61.71 Cr	4.61%
Ujjivan Small Finance Bank Ltd Ordinary Shares	Equity	₹52.65 Cr	3.93%
SBI Life Insurance Co Ltd	Equity	₹52.08 Cr	3.89%
ICICI Lombard General Insurance Co Ltd	Equity	₹23.85 Cr	1.78%
AAVAS Financiers Ltd	Equity	₹23.63 Cr	1.76%
Bajaj Finserv Ltd	Equity	₹20.08 Cr	1.50%
BSE Ltd	Equity	₹17.01 Cr	1.27%
Net Current Assets	Cash	₹16.81 Cr	1.26%
Max Financial Services Ltd	Equity	₹15.93 Cr	1.19%
Bank of Maharashtra	Equity	₹14.68 Cr	1.10%
Multi Commodity Exchange of India Ltd	Equity	₹14.21 Cr	1.06%
Cholamandalam Investment and Finance Co Ltd	Equity	₹13.57 Cr	1.01%
Aditya Birla Capital Ltd	Equity	₹13.32 Cr	0.99%
Life Insurance Corporation of India	Equity	₹13.24 Cr	0.99%
KFin Technologies Ltd	Equity	₹12.99 Cr	0.97%
Bandhan Bank Ltd	Equity	₹12.48 Cr	0.93%
Billionbrains Garage Ventures Ltd	Equity	₹11.95 Cr	0.89%
General Insurance Corp of India	Equity	₹11.65 Cr	0.87%
IndusInd Bank Ltd	Equity	₹10.68 Cr	0.80%
Seshaasai Technologies Ltd	Equity	₹10.17 Cr	0.76%
HDFC Life Insurance Co Ltd	Equity	₹9.9 Cr	0.74%
Sundaram Finance Ltd	Equity	₹9.43 Cr	0.70%
National Stock Exchange of India Ltd	Equity	₹8.64 Cr	0.65%
CreditAccess Grameen Ltd Ordinary Shares	Equity	₹8.47 Cr	0.63%
One97 Communications Ltd	Equity	₹8.39 Cr	0.63%
India Shelter Finance Corporation Ltd	Equity	₹6.83 Cr	0.51%
ICICI Prudential Asset Management Co Ltd	Equity	₹6.27 Cr	0.47%
Cholamandalam Financial Holdings Ltd	Equity	₹6.24 Cr	0.47%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹5.78 Cr	0.43%
L&T Finance Ltd	Equity	₹3.31 Cr	0.25%
PB Fintech Ltd	Equity	₹1.06 Cr	0.08%
HDB Financial Services Ltd	Equity	₹0.37 Cr	0.03%
Clearing Corporation Of India Ltd. Std - Margin	Cash - Repurchase Agreement	₹0.19 Cr	0.01%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹1,290.57 Cr	96.37%
Technology	₹31.56 Cr	2.36%

Risk & Performance Ratios

Fund Managers

Bhavesh Kanani

Since January 2026

Additional Scheme Detailsas of 30th September 2026

ISIN

INF789F01SN3

Expense Ratio

1.38%

Exit Load

1.00%

Fund Size

₹1,339 Cr

Age

13 years 9 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Financial Services TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Sector - Financial Services Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Zerodha BSE TOP 10 BANKS ETF Very High Risk	-	-	-	-
DSP BSE Insurance ETF Very High Risk	-	-	-	-
DSP BSE MidSmall Private Banks ETF Very High Risk	0.2%	-	₹5.97 Cr	-
Invesco India Nifty Bank ETF Very High Risk	0.1%	-	₹7.60 Cr	-
Edelweiss BSE Top 10 Bank ETF Very High Risk	42.8%	-	₹15.84 Cr	-
Kotak Nifty Private Bank ETF Very High Risk	3.8%	-	₹16.46 Cr	-
Bajaj Finserv BSE Top 10 Banks ETF Very High Risk	3.0%	-	₹186.66 Cr	-
ICICI Prudential BSE Insurance ETF Very High Risk	0.4%	-	₹60.69 Cr	-
Kotak Nifty PSU Bank ETF Very High Risk	0.5%	-	₹2714.83 Cr	7.6%
Groww Nifty Private Bank ETF Very High Risk	0.9%	-	₹6.80 Cr	-
Motilal Oswal BSE Top 10 Banks ETF Very High Risk	0.5%	-	₹5.35 Cr	-
Groww Nifty PSU Bank ETF Very High Risk	0.5%	-	₹6.20 Cr	-
Kotak Nifty Bank ETF Very High Risk	0.2%	-	₹4465.73 Cr	-1.2%
DSP BSE Top 10 Banks ETF Very High Risk	0.9%	-	₹323.61 Cr	-
Canara Robeco Banking and Financial Services Fund Regular Growth Very High Risk	2.7%	1.0%	₹624.34 Cr	-
Canara Robeco Banking and Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹624.34 Cr	-
Aditya Birla Sun Life BSE Top 10 Banks ETF Very High Risk	0.2%	-	₹378.73 Cr	-
Motilal Oswal Financial Services Fund Regular Growth Very High Risk	2.8%	1.0%	₹216.75 Cr	-
Motilal Oswal Financial Services Fund Direct Growth Very High Risk	1.3%	1.0%	₹216.75 Cr	-
Edelweiss Financial Services Fund Direct Growth Very High Risk	1.0%	1.0%	₹288.89 Cr	-
Edelweiss Financial Services Fund Regular Growth Very High Risk	2.6%	1.0%	₹288.89 Cr	-
Bank of India Banking and Financial Services Fund Direct Growth Very High Risk	1.6%	1.0%	₹272.89 Cr	-
Bank of India Banking and Financial Services Fund Regular Growth Very High Risk	2.8%	1.0%	₹272.89 Cr	-
Groww Nifty Capital Markets ETF Very High Risk	0.5%	-	₹48.12 Cr	-
Bajaj Finserv Banking and Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹499.43 Cr	-
Bajaj Finserv Banking and Financial Services Fund Regular Growth Very High Risk	2.8%	1.0%	₹499.43 Cr	-
Mahindra Manulife Banking & Financial Services Fund Regular Growth Very High Risk	2.8%	0.0%	₹477.42 Cr	0.3%
Mahindra Manulife Banking & Financial Services Fund Direct Growth Very High Risk	1.2%	0.0%	₹477.42 Cr	2.1%
SBI BSE PSU Bank ETF Very High Risk	0.3%	-	₹388.72 Cr	7.1%
HSBC Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹962.92 Cr	3.1%
HSBC Financial Services Fund Direct Growth Very High Risk	1.0%	1.0%	₹962.92 Cr	4.6%
HDFC Nifty Bank ETF Very High Risk	0.2%	-	₹2161.39 Cr	-1.2%
Mirae Asset Nifty PSU Bank ETF Very High Risk	0.3%	-	₹48.35 Cr	7.9%
Edelweiss Nifty Bank ETF Very High Risk	1.0%	-	₹3.35 Cr	-1.3%
Helios Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹210.94 Cr	-4.3%
Helios Financial Services Fund Regular Growth Very High Risk	2.7%	1.0%	₹210.94 Cr	-5.8%
Baroda BNP Paribas NIFTY Bank ETF Very High Risk	0.4%	-	₹4.32 Cr	-1.3%
ICICI Prudential Nifty Private Banks ETF Very High Risk	0.2%	-	₹4286.58 Cr	-0.6%
HDFC Nifty Private Bank ETF Very High Risk	0.2%	-	₹505.04 Cr	-0.7%
Groww Banking & Financial Services Fund Regular Growth Very High Risk	3.0%	1.0%	₹90.55 Cr	6.9%
Groww Banking & Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹90.55 Cr	8.9%
WhiteOak Capital Banking & Financial Services Fund Regular Growth Very High Risk	2.7%	0.0%	₹665.45 Cr	-1.5%
WhiteOak Capital Banking & Financial Services Fund Direct Growth Very High Risk	1.1%	0.0%	₹665.45 Cr	0.2%
HDFC Nifty PSU Bank ETF Very High Risk	0.3%	-	₹60.14 Cr	7.8%
Bajaj Finserv Nifty Bank ETF Very High Risk	0.2%	-	₹404.60 Cr	-1.2%
DSP Banking & Financial Services Fund Regular Growth Very High Risk	2.2%	0.0%	₹2183.66 Cr	4.4%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	0.0%	₹2183.66 Cr	5.9%
Mirae Asset Nifty Financial Services ETF Very High Risk	0.2%	-	₹396.50 Cr	-5.9%
Kotak Nifty Bank ETF Very High Risk	0.1%	-	₹6341.50 Cr	26.6%
Nippon India Banking & Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹7909.93 Cr	-2.1%

About the AMC

UTI Mutual Fund

+91-22-6678 6666

https://www.utimf.com/

Total AUM

₹3,71,805 Cr

Address

UTI Towers, Gn Block, Mumbai, 400 051

Other Funds by UTI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
UTI BSE India Sector Leaders Index Fund Direct Growth Very High Risk	-	0.0%	-	-
UTI Balanced Hybrid Fund Direct Growth Moderately High risk	-	1.0%	-	-
UTI Nifty 500 Index Fund Direct Growth Very High Risk	-	0.0%	₹101.72 Cr	-
UTI Liquid Fund Direct Growth Moderate Risk	0.2%	0.0%	₹31556.43 Cr	6.6%
UTI Nifty500 Shariah Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹87.67 Cr	-
UTI Children's Equity Fund Direct Growth Very High Risk	1.3%	0.0%	₹1063.07 Cr	-9.5%
UTI Multi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹2112.99 Cr	-0.6%
UTI Income Plus Arbitrage Active Fund of Fund Direct Growth Moderately High risk	0.2%	0.0%	₹165.77 Cr	5.3%
UTI Nifty India Manufacturing Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹30.61 Cr	-0.1%
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Direct Growth Very High Risk	0.9%	0.0%	₹130.10 Cr	2.8%
UTI Quant Fund Direct Growth Very High Risk	0.6%	1.0%	₹1361.09 Cr	-4.8%
UTI Nifty Alpha Low-Volatility 30 Index Fund Direct Growth Very High Risk	0.8%	0.0%	₹63.43 Cr	-6.9%
UTI Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹75.94 Cr	-0.1%
UTI Nifty Private Bank Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹226.20 Cr	-1.1%
UTI Nifty200 Quality 30 Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹500.14 Cr	-8.4%
UTI Innovation Fund Direct Growth Very High Risk	1.1%	1.0%	₹767.83 Cr	-7.1%
UTI Fixed Income Interval Fund Annual Plan I Direct Growth Low Risk	-	0.0%	₹13.13 Cr	5.2%
UTI Fixed Term Income Fund - Series XXXV-I (1260 Days) Direct Growth Low Risk	-	0.0%	₹316.65 Cr	6.0%
UTI Fixed Term Income Fund - Series XXXV-III (1176 Days) Direct Growth Low to Moderate Risk	-	0.0%	₹42.79 Cr	6.0%
UTI FIIF Ser 2 Qt Interval V Direct Growth Low Risk	-	1.0%	₹2.20 Cr	6.3%
UTI Fixed Income Interval Fund Quarterly I Direct Growth Low Risk	-	0.0%	₹9.74 Cr	6.5%
UTI Fixed Inc Intvl Series2 Qt Intvl VI Direct Growth Moderate Risk	-	1.0%	₹8.54 Cr	6.8%
UTI-Fixed Term Income Fund - Series XXX-VI (1107 days) Direct Growth Low to Moderate Risk	-	0.0%	-	10.0%
UTI-Fixed Term Income Fund - Series XXX - VII (1294 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
UTI Fixed Term Income Fund - Series XXXV-II (1223 Days) Direct Growth Low Risk	-	-	₹176.51 Cr	6.1%
UTI Fixed Income Interval Fund Annual Plan III Direct Growth Low to Moderate Risk	-	0.0%	₹13.38 Cr	6.9%
UTI Fixed Term Income Fund - Series XXXVI-I (1574 days) Direct Growth Low to Moderate Risk	-	0.0%	₹57.60 Cr	5.5%
UTI Floater Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹1519.41 Cr	6.0%
UTI Nifty 500 Value 50 Index Fund Direct Growth Very High Risk	0.8%	0.0%	₹838.01 Cr	2.4%
UTI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1450.05 Cr	6.0%
UTI Focused Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹2310.08 Cr	-5.7%
UTI Silver ETF Fund of Fund Direct Growth Very High Risk	0.1%	1.0%	₹634.31 Cr	31.4%
UTI Nifty200 Momentum 30 Index Fund Direct Growth Very High Risk	1.0%	0.0%	₹7961.68 Cr	-5.8%
UTI Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹5647.53 Cr	5.3%
UTI Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4688.73 Cr	4.6%
UTI Nifty Midcap 150 Quality 50 Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹249.13 Cr	-6.2%
UTI Arbitrage Fund Direct Growth Low Risk	1.3%	0.0%	₹11131.60 Cr	6.6%
UTI Small Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹5229.11 Cr	2.9%
UTI Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹3684.90 Cr	6.7%
UTI Credit Risk Fund Direct Growth Moderately High risk	1.0%	1.0%	₹249.38 Cr	6.1%
UTI Dividend Yield Fund Direct Growth Very High Risk	1.4%	1.0%	₹3581.66 Cr	-5.8%
UTI Banking and Financial Services Fund Direct Growth Very High Risk	1.4%	1.0%	₹1339.13 Cr	-0.5%
UTI Dynamic Bond Fund Direct Growth Moderate Risk	0.9%	0.0%	₹398.38 Cr	4.5%
UTI Hybrid Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹6474.74 Cr	-3.7%
UTI Long Term Equity Fund Direct Growth Very High Risk	1.0%	0.0%	₹3253.23 Cr	-7.6%
UTI Flexi Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹22495.18 Cr	-4.5%
UTI Bond Fund Direct Growth Moderately High risk	1.3%	0.0%	₹303.90 Cr	2.9%
UTI Liquid Fund Cash Plan Direct Growth Moderate Risk	0.2%	0.0%	₹33248.42 Cr	6.4%
UTI Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹414.87 Cr	4.0%
UTI India Consumer Fund Direct Growth Very High Risk	1.6%	1.0%	₹678.01 Cr	-8.4%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
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What is the current NAV of UTI Banking and Financial Services Fund Direct Growth?

The NAV of UTI Banking and Financial Services Fund Direct Growth, as of 09-Oct-2026, is ₹217.31.

What are the returns of UTI Banking and Financial Services Fund Direct Growth?

The fund has generated -0.51% over the last 1 year and 12.32% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of UTI Banking and Financial Services Fund Direct Growth?

The fund's allocation of assets is distributed as 98.73% in equities, 0.00% in bonds, and 1.27% in cash and cash equivalents.

Who manages the UTI Banking and Financial Services Fund Direct Growth?

The fund managers responsible for UTI Banking and Financial Services Fund Direct Growth are:-

Bhavesh Kanani

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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UTI Banking and Financial Services Fund Direct Growth

Fund Overview