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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
₹405 Cr
down ₹26.1 Cr vs Feb 2015
- Stocks held
- 21
- unchanged
- Top 10 weight
- 84.1%
- of the portfolio in its ten largest
- Cash & debt
- 1.9%
- cash, money market and debt
- Moves this month
- 1 in · 1 out
- added to 3, trimmed 17
UTI - Banking Sector Fund is an active equity fund in the Sectoral / Thematic category from UTI Mutual Fund. In March 2015 it disclosed 21 stocks worth ₹405 Cr, down ₹26.1 Cr from Feb 2015. Its largest positions were HDFC Bank Limited (25.4%), ICICI Bank Limited (17.1%), Axis Bank Limited (12.5%); the ten largest together made up 84.1% of the portfolio, and Banks was the biggest sector at 84.9% of its equity. Cash and debt stood at 1.9%. Compared with Feb 2015 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
6%
Holds more stocks than 6% of peers
Cash
28%
Holds more cash than 28% of peers
What these mean: concentration · cash
Holdings in March 2015
Download CSVEvery line the fund disclosed, with the change against Feb 2015. 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 | 25.39% | up 0.40 pts | ₹103 Cr | down ₹4.9 Cr | Trimmed |
| ICICI Bank Limited | 17.12% | down 0.53 pts | ₹69.4 Cr | down ₹6.7 Cr | Trimmed |
| Axis Bank Limited | 12.51% | down 0.34 pts | ₹50.7 Cr | down ₹4.7 Cr | Trimmed |
| IndusInd Bank Limited | 7.98% | down 0.09 pts | ₹32.3 Cr | down ₹2.5 Cr | Trimmed |
| The Federal Bank Limited | 4.81% | down 0.07 pts | ₹19.5 Cr | down ₹1.6 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 4.61% | up 0.61 pts | ₹18.7 Cr | up ₹1.4 Cr | Added |
| Punjab National Bank | 3.26% | down 0.25 pts | ₹13.2 Cr | down ₹1.9 Cr | Trimmed |
| State Bank of India | 3.13% | down 0.19 pts | ₹12.7 Cr | down ₹1.6 Cr | Trimmed |
| IDFC LTD. | 2.99% | up 2.99 pts | ₹12.1 Cr | up ₹12.1 Cr | New |
| Bank of Baroda | 2.29% | down 0.15 pts | ₹9.3 Cr | down ₹1.2 Cr | Trimmed |
| Repco Home Finance Limited | 2.05% | up 0.06 pts | ₹8.3 Cr | down ₹28 L | Trimmed |
| Indian Bank | 1.95% | down 0.06 pts | ₹7.9 Cr | down ₹77 L | Trimmed |
| Cash, TREPS & receivables | 1.87% | down 0.43 pts | ₹7.6 Cr | down ₹2.3 Cr | Trimmed |
| Muthoot Finance Limited | 1.58% | down 0.13 pts | ₹6.4 Cr | down ₹96 L | Trimmed |
| Poonawalla Fincorp Limited | 1.51% | up 0.57 pts | ₹6.1 Cr | up ₹2 Cr | Added |
| Allahabad Bank | 1.36% | down 0.03 pts | ₹5.5 Cr | down ₹49 L | Trimmed |
| Karur Vysya Bank Limited | 1.34% | down 0.17 pts | ₹5.4 Cr | down ₹1.1 Cr | Trimmed |
| Union Bank of India | 1.26% | down 0.04 pts | ₹5.1 Cr | down ₹49 L | Trimmed |
| Cholamandalam Investment and Finance Company Limited | 1.14% | up 0.10 pts | ₹4.6 Cr | up ₹15 L | Added |
| LIC Housing Finance Limited | 0.97% | down 0.47 pts | ₹3.9 Cr | down ₹2.3 Cr | Trimmed |
| ING Vysya Bank Ltd | 0.68% | down 0.59 pts | ₹2.8 Cr | down ₹2.7 Cr | Trimmed |
| STATE BANK OF BIKANER & JAIPUR | 0.21% | up <0.01 pts | ₹86 L | down ₹5 L | Trimmed |
What changed, Feb 2015 to Mar 2015
New New positions (1)
- IDFC LTD.3.0% · ₹12.1 Cr
Exited Exited (1)
- Housing Development Finance Corporation Limitedwas 1.2% · ₹5.1 Cr
Added Biggest additions
- Poonawalla Fincorp Limitedup ₹2 Cr (+0.57% pts)
- Mahindra & Mahindra Financial Services Limitedup ₹1.4 Cr (+0.61% pts)
- Cholamandalam Investment and Finance Company Limitedup ₹15 L (+0.10% 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 Feb 2015, the weight rose most in Finance (+2.5 pts), and fell most in Banks (−2.5 pts).
- Finance12.6% → 15.1%+2.5 pts
- Banks87.4% → 84.9%−2.5 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 | Sep 2014 | Dec 2014 | Feb 2015 | Mar 2015 |
|---|---|---|---|---|---|
| Banks | 98.3% | 92.1% | 88.5% | 87.4% | 84.9% |
| Finance | 1.7% | 7.9% | 11.5% | 12.6% | 15.1% |
Allocation in Mar 2015change vs Feb 2015
- Banks (14)84.9%▼ 2.5 pts
- Finance (7)15.1%▲ 2.5 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, Mar 2015
1.9%
▼ 0.4 pts vs Feb 2015
- Cash alone
- 1.9%
- cash and net receivables
- A year earlier
- 2.3%
- Mar 2014 · now ▼ 0.5 pts
- Last 12 months
- 1.0% – 4.1%
- 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.