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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
₹931 Cr
up ₹6.2 Cr vs Jun 2023
UTI - Banking and Financial Services Fund is an active equity fund in the Sectoral / Thematic category from UTI Mutual Fund. In July 2023 it disclosed 27 stocks worth ₹931 Cr, up ₹6.2 Cr from Jun 2023. Its largest positions were HDFC Bank Limited (19.8%), ICICI Bank Limited (17.4%), Axis Bank Limited (8.3%); the ten largest together made up 70.3% of the portfolio, and Banks was the biggest sector at 66.7% of its equity. Cash and debt stood at 1.5%. Compared with Jun 2023 the fund entered 2 new stocks and exited 3.
Against 229 other Sectoral / Thematic funds
Concentration
93%
Top-10 weight is higher than 93% of peers
Breadth
11%
Holds more stocks than 11% of peers
Cash
21%
Holds more cash than 21% of peers
What these mean: concentration · cash
Holdings in July 2023
Download CSVEvery line the fund disclosed, with the change against Jun 2023. 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 | 19.84% | up 4.19 pts | ₹185 Cr | up ₹40 Cr | Added |
| ICICI Bank Limited | 17.38% | up 0.24 pts | ₹162 Cr | up ₹3.3 Cr | Added |
| Axis Bank Limited | 8.30% | down 1.20 pts | ₹77.3 Cr | down ₹10.6 Cr | Trimmed |
| State Bank of India | 4.31% | up 0.30 pts | ₹40.1 Cr | up ₹3.1 Cr | Added |
| IndusInd Bank Limited | 3.84% | up 0.09 pts | ₹35.7 Cr | up ₹1.1 Cr | Added |
| Kotak Mahindra Bank Limited | 3.59% | down <0.01 pts | ₹33.4 Cr | up ₹18 L | Added |
| SBI Life Insurance Company Limited | 3.40% | down 0.09 pts | ₹31.6 Cr | down ₹61 L | Trimmed |
| Bajaj Finance Limited | 3.38% | up 0.04 pts | ₹31.4 Cr | up ₹60 L | Added |
| Karur Vysya Bank Limited | 3.12% | up 0.50 pts | ₹29.1 Cr | up ₹4.8 Cr | Added |
| Max Financial Services Limited | 3.09% | down 0.01 pts | ₹28.8 Cr | up ₹14 L | Held |
| Mahindra & Mahindra Financial Services Limited | 2.51% | down 0.23 pts | ₹23.4 Cr | down ₹2 Cr | Trimmed |
| Cholamandalam Investment and Finance Company Limited | 2.43% | down 0.04 pts | ₹22.6 Cr | down ₹20 L | Trimmed |
| Indian Bank | 2.28% | up 0.59 pts | ₹21.3 Cr | up ₹5.6 Cr | Added |
| SBI Cards and Payment Services Limited | 2.17% | up 0.01 pts | ₹20.2 Cr | up ₹19 L | Added |
| Star Health And Allied Insurance Company Limited | 2.12% | up 0.16 pts | ₹19.7 Cr | up ₹1.6 Cr | Added |
| Equitas Small Finance Bank Limited | 2.07% | up 0.09 pts | ₹19.3 Cr | up ₹95 L | Added |
| Aavas Financiers Limited | 2.01% | up 0.43 pts | ₹18.7 Cr | up ₹4.1 Cr | Added |
| PB Fintech Limited | 1.90% | up 0.08 pts | ₹17.7 Cr | up ₹84 L | Added |
| Can Fin Homes Limited | 1.86% | down 0.08 pts | ₹17.4 Cr | down ₹60 L | Trimmed |
| ICICI Lombard General Insurance Company Limited | 1.86% | up 0.04 pts | ₹17.3 Cr | up ₹51 L | Added |
| Cash, TREPS & receivables | 1.37% | down 0.68 pts | ₹12.7 Cr | down ₹6.2 Cr | Trimmed |
| Nippon Life India Asset Management Limited | 1.33% | up 1.33 pts | ₹12.4 Cr | up ₹12.4 Cr | New |
| CreditAccess Grameen Limited | 1.33% | up 0.46 pts | ₹12.4 Cr | up ₹4.4 Cr | Added |
| Bajaj Finserv Limited | 1.23% | up 0.05 pts | ₹11.5 Cr | up ₹50 L | Added |
| KFin Technologies Limited | 1.13% | up 0.04 pts | ₹10.5 Cr | up ₹41 L | Added |
| HDFC Asset Management Company Limited | 1.00% | up 0.09 pts | ₹9.3 Cr | up ₹87 L | Added |
| DCB Bank Limited | 0.53% | down <0.01 pts | ₹4.9 Cr | up ₹0 L | Held |
| The Federal Bank Limited | 0.49% | up 0.49 pts | ₹4.5 Cr | up ₹4.5 Cr | New |
| 364 DAYS T-BILL 2024 Debt | 0.12% | down <0.01 pts | ₹1.1 Cr | up ₹1 L | Added |
What changed, Jun 2023 to Jul 2023
New New positions (2)
- Nippon Life India Asset Management Limited1.3% · ₹12.4 Cr
- The Federal Bank Limited0.5% · ₹4.5 Cr
Exited Exited (3)
- Housing Development Finance Corporation Limitedwas 5.4% · ₹50.1 Cr
- Bandhan Bank Limitedwas 1.3% · ₹11.6 Cr
- HDFC Life Insurance Company Limitedwas 0.2% · ₹2.1 Cr
Added Biggest additions
- HDFC Bank Limitedup ₹40 Cr (+4.19% 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 2023, the weight rose most in Banks (+3.7 pts) and Capital Markets (+1.5 pts), and fell most in Finance (−5.0 pts) and Insurance (−0.2 pts).
- Banks63.1% → 66.7%+3.7 pts
- Capital Markets2.0% → 3.5%+1.5 pts
- Finance22.2% → 17.2%−5.0 pts
- Insurance10.8% → 10.6%−0.2 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 2020 | Jul 2022 | Jan 2023 | Apr 2023 | Jun 2023 | Jul 2023 |
|---|---|---|---|---|---|---|
| Banks | 70.0% | 71.4% | 70.4% | 70.1% | 63.1% | 66.7% |
| Finance | 17.3% | 17.8% | 17.0% | 18.3% | 22.2% | 17.2% |
| Insurance | 6.9% | 8.4% | 7.3% | 7.2% | 10.8% | 10.6% |
| Capital Markets | 5.8% | 1.7% | 4.0% | 2.7% | 2.0% | 3.5% |
| Financial Technology (fintech) | — | 0.6% | 1.3% | 1.7% | 1.9% | 1.9% |
Allocation in Jul 2023change vs Jun 2023
- Banks (11)66.7%▲ 3.7 pts
- Finance (8)17.2%▼ 5.0 pts
- Insurance (4)10.6%▼ 0.2 pts
- Capital Markets (3)3.5%
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 2023
1.5%
▼ 0.7 pts vs Jun 2023
- Cash alone
- 1.4%
- cash and net receivables
- A year earlier
- 1.9%
- Jul 2022 · now ▼ 0.4 pts
- Last 12 months
- 1.1% – 3.1%
- 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.