3 Year return
8.34%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderate Risk
Asset Under Management
₹820.41 Cr.
Expense Ratio
0.38% (inclusive of GST)
Exit Load
Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
UTI Mutual Fund Managers
AM
Anurag Mittal
Fund Manager since Dec 2021
Fund House Details
UTI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Edelweiss Banking and PSU Debt Fund |
6.04% |
3 |
ICICI Prudential Banking and PSU Debt Fund |
6.6% |
5 |
Kotak Banking and PSU Debt |
6.41% |
5 |
Schemes by UTI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
UTI Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Arbitrage Fund
UTI Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
UTI Arbitrage Fund Direct Plan IDCW Payout
About UTI Banking and PSU Debt Fund Direct Plan Growth
UTI Banking and PSU Debt Fund Direct Plan Growth is managed by UTI Mutual Fund, one of the well-known AMCs in India. This fund falls under the debt fund category, specifically focusing on banking and public sector units (PSUs).
Investment Objectives of the Scheme
The main goal of this fund is to generate income by investing in debt and money market instruments that are issued by banks and PSUs. These instruments are considered relatively safer due to the backing of well-established financial institutions and government entities.
Key Features of The Fund
5-year return | 7.39% |
Expense Ratio | 0.38% |
Fund Manager | Anurag Mittal |
Fund Size | ₹820.41 Cr |
Risk Profile | Moderate |
Is This Scheme Right for Me?
This fund can be a good choice for conservative investors who are looking for stable returns with lower risk. If you are seeking an investment avenue that provides a balance between safety and reasonable returns, this fund might align with your preferences. Additionally, if you have a shorter investment horizon and want exposure to the debt market, particularly in banking and PSU securities, this fund could be worth considering.
AMC Contact Details
Name | UTI Mutual Fund |
Launch Date | January 2003 |
Addresss | First Floor, Unit No. 2, Block ‘B’, JVPD Scheme, Gulmohar Cross Road No. 9, Andheri (West), Mumbai – 400049. |
Contact | 1800 266 1230 (+91) 022 6227 8000 022 – 68990800 |
service@uti.co.in | |
Website | https://www.utimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Secure Your Retirement With SIPs
FAQs
What is today's NAV of UTI Banking and PSU Fund?
What is the AUM of UTI Banking and PSU Fund?
What is the expense ratio of UTI Banking and PSU Fund?
What are the returns of UTI Banking and PSU Fund since inception?
What is the minimum SIP amount to invest in UTI Banking and PSU Fund?
How do I invest in UTI Banking and PSU Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in UTI Banking and PSU Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in UTI Banking and PSU Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in UTI Banking and PSU Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.