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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
₹603 Cr
down ₹17.1 Cr vs Jul 2019
- Stocks held
- 20
- down 2 vs Jul 2019
- Top 10 weight
- 78.1%
UTI - Banking and Financial Services Fund is an active equity fund in the Sectoral / Thematic category from UTI Mutual Fund. In August 2019 it disclosed 20 stocks worth ₹603 Cr, down ₹17.1 Cr from Jul 2019. Its largest positions were HDFC Bank Limited (19.2%), ICICI Bank Limited (14.3%), Axis Bank Limited (9.9%); the ten largest together made up 78.1% of the portfolio, and Banks was the biggest sector at 70.2% of its equity. Cash and debt stood at 1.4%. Compared with Jul 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
18%
Holds more cash than 18% of peers
What these mean: concentration · cash
Holdings in August 2019
Download CSVEvery line the fund disclosed, with the change against Jul 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 | 19.22% | up 0.15 pts | ₹116 Cr | down ₹2.4 Cr | Trimmed |
| ICICI Bank Limited | 14.27% | down 0.28 pts | ₹86 Cr | down ₹4.2 Cr | Trimmed |
| Axis Bank Limited | 9.91% | up 0.94 pts | ₹59.8 Cr | up ₹4.1 Cr | Added |
| State Bank of India | 7.95% | down 1.13 pts | ₹47.9 Cr | down ₹8.4 Cr | Trimmed |
| Housing Development Finance Corporation Limited | 7.55% | down 0.32 pts | ₹45.5 Cr | down ₹3.3 Cr | Trimmed |
| IndusInd Bank Limited | 6.37% | up 0.56 pts | ₹38.4 Cr | up ₹2.4 Cr | Added |
| Kotak Mahindra Bank Limited | 4.16% | down 0.13 pts | ₹25.1 Cr | down ₹1.5 Cr | Trimmed |
| ICICI Prudential Life Insurance Company Limited | 2.99% | up 0.24 pts | ₹18 Cr | up ₹97 L | Added |
| PNB Housing Finance Limited | 2.94% | down 0.21 pts | ₹17.7 Cr | down ₹1.8 Cr | Trimmed |
| RBL Bank Limited | 2.71% | down 0.19 pts | ₹16.4 Cr | down ₹1.6 Cr | Trimmed |
| LIC Housing Finance Limited | 2.61% | up 0.35 pts | ₹15.7 Cr | up ₹1.7 Cr | Added |
| Mahindra & Mahindra Financial Services Limited | 2.55% | up 0.46 pts | ₹15.4 Cr | up ₹2.4 Cr | Added |
| HDFC Asset Management Company Limited | 2.44% | up 0.44 pts | ₹14.7 Cr | up ₹2.3 Cr | Added |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 2.32% | up 0.06 pts | ₹14 Cr | down ₹4 L | Held |
| Satin Creditcare Network Limited | 2.19% | up 0.07 pts | ₹13.2 Cr | up ₹6 L | Held |
| Equitas Holdings Limited | 2.05% | up 0.23 pts | ₹12.3 Cr | up ₹1.1 Cr | Added |
| Karur Vysya Bank Limited | 2.02% | up 0.10 pts | ₹12.2 Cr | up ₹25 L | Added |
| ICICI Securities Limited | 1.78% | up 0.02 pts | ₹10.8 Cr | down ₹15 L | Trimmed |
| The Jammu & Kashmir Bank Limited | 1.55% | up 0.27 pts | ₹9.3 Cr | up ₹1.4 Cr | Added |
| Cash, TREPS & receivables | 1.40% | up 0.16 pts | ₹8.4 Cr | up ₹75 L | Added |
| Bank of Baroda | 1.00% | down 0.12 pts | ₹6 Cr | down ₹92 L | Trimmed |
What changed, Jul 2019 to Aug 2019
New New positions (0)
None.
Exited Exited (2)
- DCB Bank Limitedwas 0.9% · ₹5.9 Cr
- Ujjivan Financial Services Limitedwas 0.7% · ₹4.5 Cr
Added Biggest additions
- Axis Bank Limitedup ₹4.1 Cr (+0.94% pts)
- Mahindra & Mahindra Financial Services Limitedup ₹2.4 Cr (+0.46% pts)
- IndusInd Bank Limitedup ₹2.4 Cr (+0.56% 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 Jul 2019, the weight rose most in Capital Markets (+0.5 pts) and Insurance (+0.2 pts), and fell most in Banks (−0.7 pts).
- Capital Markets3.8% → 4.3%+0.5 pts
- Insurance2.8% → 3.0%+0.2 pts
- Banks70.8% → 70.2%−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 | Aug 2018 | Feb 2019 | May 2019 | Jul 2019 | Aug 2019 |
|---|---|---|---|---|---|
| Banks | 69.3% | 73.6% | 72.2% | 70.8% | 70.2% |
| Finance | 22.8% | 20.4% | 20.8% | 22.6% | 22.5% |
| Capital Markets | 4.4% | 2.9% | 3.5% | 3.8% | 4.3% |
| Insurance | 3.6% | 3.1% | 3.5% | 2.8% | 3.0% |
Allocation in Aug 2019change vs Jul 2019
- Banks (10)70.2%▼ 0.7 pts
- Finance (7)22.5%
- Capital Markets (2)4.3%▲ 0.5 pts
- Insurance (1)3.0%▲ 0.2 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, Aug 2019
1.4%
▲ 0.2 pts vs Jul 2019
- Cash alone
- 1.4%
- cash and net receivables
- A year earlier
- 1.0%
- Aug 2018 · now ▲ 0.4 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.