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Sectoral / Thematic · UTI Mutual Fund · AMFI code 102401UTI - Banking and Financial Services Fund
Disclosed for 95 months, Jul 2017 to Sep 2026.
Portfolio value
₹620 Cr
down ₹48.2 Cr vs Jun 2019
- Stocks held
- 22
- down 2 vs Jun 2019
- Top 10 weight
- 78.5%
UTI - Banking and Financial Services Fund is an active equity fund in the Sectoral / Thematic category from UTI Mutual Fund. In July 2019 it disclosed 22 stocks worth ₹620 Cr, down ₹48.2 Cr from Jun 2019. Its largest positions were HDFC Bank Limited (19.1%), ICICI Bank Limited (14.6%), State Bank of India (9.1%); the ten largest together made up 78.5% of the portfolio, and Banks was the biggest sector at 70.8% of its equity. Cash and debt stood at 1.2%. Compared with Jun 2019 the fund entered 0 new stocks and exited 2.
Against 229 other Sectoral / Thematic funds
Concentration
97%
Top-10 weight is higher than 97% of peers
Breadth
6%
Holds more stocks than 6% of peers
Cash
14%
Holds more cash than 14% of peers
What these mean: concentration · cash
Holdings in July 2019
Download CSVEvery line the fund disclosed, with the change against Jun 2019. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 19.07% | down 0.13 pts | ₹118 Cr | down ₹10.1 Cr | Trimmed |
| ICICI Bank Limited | 14.56% | up 0.32 pts | ₹90.2 Cr | down ₹4.8 Cr | Trimmed |
| State Bank of India | 9.08% | up 0.30 pts | ₹56.3 Cr | down ₹2.4 Cr | Trimmed |
| Axis Bank Limited | 8.97% | down 0.83 pts | ₹55.6 Cr | down ₹9.9 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 7.87% | up 0.65 pts | ₹48.8 Cr | up ₹58 L | Added |
| IndusInd Bank Limited | 5.81% | up 0.96 pts | ₹36 Cr | up ₹3.6 Cr | Added |
| Kotak Mahindra Bank Limited | 4.29% | up 0.53 pts | ₹26.6 Cr | up ₹1.5 Cr | Added |
| PNB Housing Finance Limited | 3.15% | up 0.13 pts | ₹19.5 Cr | down ₹63 L | Trimmed |
| RBL Bank Limited | 2.90% | down 0.49 pts | ₹18 Cr | down ₹4.7 Cr | Trimmed |
| ICICI Prudential Life Insurance Company Limited | 2.75% | up 0.19 pts | ₹17.1 Cr | down ₹3 L | Held |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 2.27% | down 0.08 pts | ₹14.1 Cr | down ₹1.6 Cr | Trimmed |
| LIC Housing Finance Limited | 2.26% | up 0.01 pts | ₹14 Cr | down ₹99 L | Trimmed |
| Satin Creditcare Network Limited | 2.12% | down 0.03 pts | ₹13.1 Cr | down ₹1.2 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 2.09% | up 0.35 pts | ₹13 Cr | up ₹1.3 Cr | Added |
| HDFC Asset Management Company Limited | 1.99% | up 0.14 pts | ₹12.4 Cr | down ₹1 L | Held |
| Karur Vysya Bank Limited | 1.93% | up 0.23 pts | ₹12 Cr | up ₹64 L | Added |
| Equitas Holdings Limited | 1.82% | up 0.02 pts | ₹11.3 Cr | down ₹76 L | Trimmed |
| ICICI Securities Limited | 1.76% | up 0.11 pts | ₹10.9 Cr | down ₹10 L | Trimmed |
| The Jammu & Kashmir Bank Limited | 1.27% | down 0.08 pts | ₹7.9 Cr | down ₹1.1 Cr | Trimmed |
| Cash, TREPS & receivables | 1.24% | up 0.77 pts | ₹7.7 Cr | up ₹4.6 Cr | Added |
| Bank of Baroda | 1.12% | down 0.16 pts | ₹6.9 Cr | down ₹1.6 Cr | Trimmed |
| DCB Bank Limited | 0.95% | down 0.30 pts | ₹5.9 Cr | down ₹2.4 Cr | Trimmed |
| Ujjivan Financial Services Limited | 0.72% | down 0.03 pts | ₹4.5 Cr | down ₹56 L | Trimmed |
What changed, Jun 2019 to Jul 2019
New New positions (0)
None.
Exited Exited (2)
- Yes Bank Limitedwas 1.6% · ₹10.4 Cr
- SBI Life Insurance Company Limitedwas 1.0% · ₹6.9 Cr
Added Biggest additions
- IndusInd Bank Limitedup ₹3.6 Cr (+0.96% pts)
- Kotak Mahindra Bank Limitedup ₹1.5 Cr (+0.53% pts)
- Mahindra & Mahindra Financial Services Limitedup ₹1.3 Cr (+0.35% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Jun 2019, the weight rose most in Finance (+1.2 pts) and Capital Markets (+0.3 pts), and fell most in Insurance (−0.8 pts) and Banks (−0.7 pts).
- Finance21.4% → 22.6%+1.2 pts
- Capital Markets3.5% → 3.8%+0.3 pts
- Insurance3.6% → 2.8%−0.8 pts
- Banks71.5% → 70.8%−0.7 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Jul 2018 | Jan 2019 | Apr 2019 | Jun 2019 | Jul 2019 |
|---|---|---|---|---|---|
| Banks | 69.4% | 74.0% | 74.0% | 71.5% | 70.8% |
| Finance | 24.3% | 20.5% | 19.6% | 21.4% | 22.6% |
| Capital Markets | 2.6% | 2.8% | 3.3% | 3.5% | 3.8% |
| Insurance | 3.8% | 2.8% | 3.1% | 3.6% | 2.8% |
Allocation in Jul 2019change vs Jun 2019
- Banks (11)70.8%▼ 0.7 pts
- Finance (8)22.6%▲ 1.2 pts
- Capital Markets (2)3.8%▲ 0.3 pts
- Insurance (1)2.8%▼ 0.8 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Jul 2019
1.2%
▲ 0.8 pts vs Jun 2019
- Cash alone
- 1.3%
- cash and net receivables
- A year earlier
- 0.3%
- Jul 2018 · now ▲ 0.9 pts
- Last 12 months
- 0.5% – 2.5%
- lowest to highest · record 4.0% in Apr 2018
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.