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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
₹518 Cr
up ₹37.2 Cr vs Sep 2020
- Stocks held
- 21
- unchanged
- Top 10 weight
UTI - Banking and Financial Services Fund is an active equity fund in the Sectoral / Thematic category from UTI Mutual Fund. In October 2020 it disclosed 21 stocks worth ₹518 Cr, up ₹37.2 Cr from Sep 2020. Its largest positions were HDFC Bank Limited (23.2%), ICICI Bank Limited (14.3%), Axis Bank Limited (9.9%); the ten largest together made up 81.3% of the portfolio, and Banks was the biggest sector at 71.7% of its equity. Cash and debt stood at 1.1%. Compared with Sep 2020 the fund entered 0 new stocks and exited 0.
Against 229 other Sectoral / Thematic funds
Concentration
98%
Top-10 weight is higher than 98% of peers
Breadth
6%
Holds more stocks than 6% of peers
Cash
12%
Holds more cash than 12% of peers
What these mean: concentration · cash
Holdings in October 2020
Download CSVEvery line the fund disclosed, with the change against Sep 2020. 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 | 23.19% | up 0.20 pts | ₹120 Cr | up ₹9.6 Cr | Added |
| ICICI Bank Limited | 14.33% | down 0.06 pts | ₹74.2 Cr | up ₹5 Cr | Added |
| Axis Bank Limited | 9.89% | up 0.53 pts | ₹51.2 Cr | up ₹6.2 Cr | Added |
| Housing Development Finance Corporation Limited | 8.91% | down 0.14 pts | ₹46.2 Cr | up ₹2.7 Cr | Added |
| State Bank of India | 7.49% | down 0.22 pts | ₹38.8 Cr | up ₹1.7 Cr | Added |
| Kotak Mahindra Bank Limited | 6.87% | up 0.54 pts | ₹35.6 Cr | up ₹5.2 Cr | Added |
| ICICI Prudential Life Insurance Company Limited | 3.19% | down 0.31 pts | ₹16.5 Cr | down ₹30 L | Trimmed |
| RBL Bank Limited | 2.76% | down 0.14 pts | ₹14.3 Cr | up ₹36 L | Added |
| Cholamandalam Investment and Finance Company Limited | 2.37% | down 0.09 pts | ₹12.3 Cr | up ₹46 L | Added |
| IndusInd Bank Limited | 2.26% | down 0.10 pts | ₹11.7 Cr | up ₹37 L | Added |
| SBI Life Insurance Company Limited | 2.08% | down 0.28 pts | ₹10.8 Cr | down ₹59 L | Trimmed |
| Bandhan Bank Limited | 1.96% | up 0.03 pts | ₹10.1 Cr | up ₹85 L | Added |
| Bajaj Finserv Limited | 1.94% | up 0.35 pts | ₹10 Cr | up ₹2.4 Cr | Added |
| Bajaj Finance Limited | 1.92% | down 0.13 pts | ₹9.9 Cr | up ₹9 L | Added |
| ICICI Securities Limited | 1.79% | down 0.14 pts | ₹9.3 Cr | up ₹0 L | Held |
| Motilal Oswal Financial Services Limited | 1.63% | up 0.14 pts | ₹8.5 Cr | up ₹1.3 Cr | Added |
| HDFC Asset Management Company Limited | 1.52% | down 0.13 pts | ₹7.9 Cr | down ₹7 L | Trimmed |
| Karur Vysya Bank Limited | 1.44% | down 0.12 pts | ₹7.5 Cr | down ₹3 L | Held |
| Mahindra & Mahindra Financial Services Limited | 1.18% | down 0.42 pts | ₹6.1 Cr | down ₹1.6 Cr | Trimmed |
| Housing Development Finance Corporation Limited (Warrant) Other | 1.07% | up 0.08 pts | ₹5.6 Cr | up ₹78 L | Added |
| Cash, TREPS & receivables | 1.07% | up 0.54 pts | ₹5.5 Cr | up ₹3 Cr | Added |
| Computer Age Management Services Limited | 0.72% | down 0.02 pts | ₹3.7 Cr | up ₹20 L | Added |
| Satin Creditcare Network Limited | 0.41% | down 0.12 pts | ₹2.1 Cr | down ₹41 L | Trimmed |
What changed, Sep 2020 to Oct 2020
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- HDFC Bank Limitedup ₹9.6 Cr (+0.20% pts)
- Axis Bank Limitedup ₹6.2 Cr (+0.53% pts)
- Kotak Mahindra Bank Limitedup ₹5.2 Cr (+0.54% pts)
- ICICI Bank Limitedup ₹5 Cr (−0.06% pts)
- Housing Development Finance Corporation Limited ₹2.7 Cr (−0.14% 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 Sep 2020, the weight rose most in Banks (+1.1 pts), and fell most in Insurance (−0.6 pts) and Finance (−0.4 pts).
- Banks70.6% → 71.7%+1.1 pts
- Insurance6.0% → 5.4%−0.6 pts
- Finance17.5% → 17.1%−0.4 pts
- Capital Markets5.9% → 5.8%−0.1 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 | Oct 2017 | Oct 2019 | Apr 2020 | Jul 2020 | Sep 2020 | Oct 2020 |
|---|---|---|---|---|---|---|
| Banks | 69.8% | 69.2% | 70.7% | 70.0% | 70.6% | 71.7% |
| Finance | 25.2% | 21.9% | 19.5% | 17.3% | 17.5% | 17.1% |
| Capital Markets | 0.5% | 5.9% | 4.7% | 5.8% | 5.9% | 5.8% |
| Insurance | 4.4% | 3.0% | 5.2% | 6.9% | 6.0% | 5.4% |
Allocation in Oct 2020change vs Sep 2020
- Banks (9)71.7%▲ 1.1 pts
- Finance (6)17.1%▼ 0.4 pts
- Capital Markets (4)5.8%▼ 0.1 pts
- Insurance (2)5.4%▼ 0.6 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, Oct 2020
1.1%
▲ 0.5 pts vs Sep 2020
- Cash alone
- 1.1%
- cash and net receivables
- A year earlier
- 1.7%
- Oct 2019 · now ▼ 0.7 pts
- Last 12 months
- 0.5% – 5.7%
- lowest to highest · record 5.7% in Jul 2020
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.