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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
₹343 Cr
down ₹5.1 Cr vs Aug 2014
- Stocks held
- 18
- unchanged
- Top 10 weight
- 83.2%
- of the portfolio in its ten largest
- Cash & debt
- 4.1%
- cash, money market and debt
- Moves this month
- 1 in · 1 out
- added to 8, trimmed 9
UTI - Banking Sector Fund is an active equity fund in the Sectoral / Thematic category from UTI Mutual Fund. In September 2014 it disclosed 18 stocks worth ₹343 Cr, down ₹5.1 Cr from Aug 2014. Its largest positions were HDFC Bank Limited (22.2%), ICICI Bank Limited (21.9%), Axis Bank Limited (10.3%); the ten largest together made up 83.2% of the portfolio, and Banks was the biggest sector at 92.1% of its equity. Cash and debt stood at 4.1%. Compared with Aug 2014 the fund entered 1 new stock and exited 1.
Against 230 other Sectoral / Thematic funds
Concentration
98%
Top-10 weight is higher than 98% of peers
Breadth
5%
Holds more stocks than 5% of peers
Cash
60%
Holds more cash than 60% of peers
What these mean: concentration · cash
Holdings in September 2014
Download CSVEvery line the fund disclosed, with the change against Aug 2014. 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 | 22.24% | up 0.65 pts | ₹76.4 Cr | up ₹1.1 Cr | Added |
| ICICI Bank Limited | 21.87% | down 3.05 pts | ₹75.1 Cr | down ₹11.7 Cr | Trimmed |
| Axis Bank Limited | 10.29% | down 0.34 pts | ₹35.3 Cr | down ₹1.7 Cr | Trimmed |
| IndusInd Bank Limited | 7.63% | up 0.26 pts | ₹26.2 Cr | up ₹51 L | Added |
| The Federal Bank Limited | 5.39% | up 0.29 pts | ₹18.5 Cr | up ₹75 L | Added |
| Cash, TREPS & receivables | 4.09% | up 2.50 pts | ₹14.1 Cr | up ₹8.5 Cr | Added |
| State Bank of India | 4.01% | down 2.28 pts | ₹13.8 Cr | down ₹8.2 Cr | Trimmed |
| Bank of Baroda | 3.39% | down 0.36 pts | ₹11.6 Cr | down ₹1.4 Cr | Trimmed |
| Punjab National Bank | 3.36% | down 0.31 pts | ₹11.5 Cr | down ₹1.3 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 2.60% | up 0.84 pts | ₹8.9 Cr | up ₹2.8 Cr | Added |
| LIC Housing Finance Limited | 2.42% | up 0.85 pts | ₹8.3 Cr | up ₹2.9 Cr | Added |
| Indian Bank | 2.17% | up 0.12 pts | ₹7.4 Cr | up ₹30 L | Added |
| ING Vysya Bank Ltd | 1.99% | down 0.08 pts | ₹6.8 Cr | down ₹38 L | Trimmed |
| Karur Vysya Bank Limited | 1.90% | up 0.18 pts | ₹6.5 Cr | up ₹53 L | Added |
| Repco Home Finance Limited | 1.62% | up 1.62 pts | ₹5.5 Cr | up ₹5.5 Cr | New |
| Oriental Bank of Commerce | 1.56% | down 0.19 pts | ₹5.4 Cr | down ₹74 L | Trimmed |
| Union Bank of India | 1.52% | down 0.17 pts | ₹5.2 Cr | down ₹66 L | Trimmed |
| Kotak Mahindra Bank Limited | 1.03% | down 0.16 pts | ₹3.5 Cr | down ₹60 L | Trimmed |
| Cholamandalam Investment and Finance Company Limited | 0.93% | up 0.18 pts | ₹3.2 Cr | up ₹57 L | Added |
What changed, Aug 2014 to Sep 2014
New New positions (1)
- Repco Home Finance Limited1.6% · ₹5.5 Cr
Exited Exited (1)
- IDFC LTD.was 0.5% · ₹1.9 Cr
Added Biggest additions
- LIC Housing Finance Limitedup ₹2.9 Cr (+0.85% pts)
- Mahindra & Mahindra Financial Services Limitedup ₹2.8 Cr (+0.84% pts)
- HDFC Bank Limitedup ₹1.1 Cr (+0.65% pts)
- The Federal Bank Limited
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 Aug 2014, the weight rose most in Finance (+3.2 pts), and fell most in Banks (−3.2 pts).
- Finance4.7% → 7.9%+3.2 pts
- Banks95.3% → 92.1%−3.2 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 | Mar 2014 | Jun 2014 | Aug 2014 | Sep 2014 |
|---|---|---|---|---|
| Banks | 98.3% | 97.4% | 95.3% | 92.1% |
| Finance | 1.7% | 2.6% | 4.7% | 7.9% |
Allocation in Sep 2014change vs Aug 2014
- Banks (14)92.1%▼ 3.2 pts
- Finance (4)7.9%▲ 3.2 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, Sep 2014
4.1%
▲ 2.5 pts vs Aug 2014
- Cash alone
- 4.1%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 1.0% – 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.