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UTI - Banking Sector Fund
Disclosed for 41 months, Jan 2014 to Jun 2017. This scheme is no longer reporting.
Portfolio value
₹359 Cr
up ₹18.3 Cr vs May 2014
- Stocks held
- 16
- down 1 vs May 2014
- Top 10 weight
- 91.8%
- of the portfolio in its ten largest
- Cash & debt
- 1.6%
- cash, money market and debt
- Moves this month
- 0 in · 1 out
- added to 10, trimmed 2
UTI - Banking Sector Fund is an active equity fund in the Sectoral / Thematic category from UTI Mutual Fund. In June 2014 it disclosed 16 stocks worth ₹359 Cr, up ₹18.3 Cr from May 2014. Its largest positions were ICICI Bank Limited (24.4%), HDFC Bank Limited (21.5%), State Bank of India (10.9%); the ten largest together made up 91.8% of the portfolio, and Banks was the biggest sector at 97.4% of its equity. Cash and debt stood at 1.6%. Compared with May 2014 the fund entered 0 new stocks and exited 1.
Against 230 other Sectoral / Thematic funds
Concentration
100%
Top-10 weight is higher than 100% of peers
Breadth
3%
Holds more stocks than 3% of peers
Cash
23%
Holds more cash than 23% of peers
What these mean: concentration · cash
Holdings in June 2014
Download CSVEvery line the fund disclosed, with the change against May 2014. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| ICICI Bank Limited | 24.45% | down 1.52 pts | ₹87.8 Cr | down ₹70 L | Trimmed |
| HDFC Bank Limited | 21.46% | down 0.82 pts | ₹77 Cr | up ₹1.1 Cr | Added |
| State Bank of India | 10.86% | down 0.72 pts | ₹39 Cr | down ₹45 L | Trimmed |
| Axis Bank Limited | 10.42% | down 0.09 pts | ₹37.4 Cr | up ₹1.6 Cr | Added |
| IndusInd Bank Limited | 7.51% | up 0.12 pts | ₹26.9 Cr | up ₹1.8 Cr | Added |
| The Federal Bank Limited | 5.39% | up 1.99 pts | ₹19.4 Cr | up ₹7.8 Cr | Added |
| Bank of Baroda | 3.66% | up 0.32 pts | ₹13.2 Cr | up ₹1.8 Cr | Added |
| Punjab National Bank | 3.27% | up 0.41 pts | ₹11.8 Cr | up ₹2 Cr | Added |
| Indian Bank | 2.68% | up 0.01 pts | ₹9.6 Cr | up ₹51 L | Added |
| ING Vysya Bank Ltd | 2.08% | down 0.04 pts | ₹7.5 Cr | up ₹24 L | Added |
| Oriental Bank of Commerce | 2.04% | up 0.46 pts | ₹7.3 Cr | up ₹1.9 Cr | Added |
| Cash, TREPS & receivables | 1.60% | down 0.51 pts | ₹5.8 Cr | down ₹1.4 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 1.49% | down 0.05 pts | ₹5.3 Cr | up ₹9 L | Added |
| LIC Housing Finance Limited | 1.37% | up 0.71 pts | ₹4.9 Cr | up ₹2.7 Cr | Added |
| Cholamandalam Investment and Finance Company Limited | 0.70% | up 0.11 pts | ₹2.5 Cr | up ₹49 L | Added |
| Union Bank of India | 0.52% | up 0.05 pts | ₹1.9 Cr | up ₹27 L | Added |
| IDFC LTD. | 0.50% | up 0.01 pts | ₹1.8 Cr | up ₹12 L | Added |
What changed, May 2014 to Jun 2014
New New positions (0)
None.
Exited Exited (1)
- Yes Bank Limitedwas 0.4% · ₹1.5 Cr
Added Biggest additions
- The Federal Bank Limitedup ₹7.8 Cr (+1.99% pts)
- LIC Housing Finance Limitedup ₹2.7 Cr (+0.71% pts)
- Punjab National Bankup ₹2 Cr (+0.41% pts)
- Oriental Bank of Commerceup ₹1.9 Cr (+0.46% 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 May 2014, the weight rose most in Finance (+0.8 pts), and fell most in Banks (−0.8 pts).
- Finance1.8% → 2.6%+0.8 pts
- Banks98.2% → 97.4%−0.8 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 | Mar 2014 | May 2014 | Jun 2014 |
|---|---|---|---|
| Banks | 98.3% | 98.2% | 97.4% |
| Finance | 1.7% | 1.8% | 2.6% |
Allocation in Jun 2014change vs May 2014
- Banks (13)97.4%▼ 0.8 pts
- Finance (3)2.6%▲ 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, Jun 2014
1.6%
▼ 0.5 pts vs May 2014
- Cash alone
- 1.6%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.6% – 4.4%
- lowest to highest · record 4.4% in Jan 2014
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.