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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
₹473 Cr
up ₹1.6 Cr vs Jul 2016
- Stocks held
- 20
- up 1 vs Jul 2016
- Top 10 weight
- 78.9%
- of the portfolio in its ten largest
- Cash & debt
- 3.4%
- cash, money market and debt
- Moves this month
- 4 in · 3 out
- added to 7, trimmed 9
UTI - Banking Sector Fund is an active equity fund in the Sectoral / Thematic category from UTI Mutual Fund. In August 2016 it disclosed 20 stocks worth ₹473 Cr, up ₹1.6 Cr from Jul 2016. Its largest positions were HDFC Bank Limited (24.6%), ICICI Bank Limited (16.6%), IndusInd Bank Limited (10.5%); the ten largest together made up 78.9% of the portfolio, and Banks was the biggest sector at 72.1% of its equity. Cash and debt stood at 3.4%. Compared with Jul 2016 the fund entered 4 new stocks and exited 3.
Against 230 other Sectoral / Thematic funds
Concentration
97%
Top-10 weight is higher than 97% of peers
Breadth
6%
Holds more stocks than 6% of peers
Cash
50%
Holds more cash than 50% of peers
What these mean: concentration · cash
Holdings in August 2016
Download CSVEvery line the fund disclosed, with the change against Jul 2016. 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 | 24.57% | up 0.77 pts | ₹116 Cr | up ₹4 Cr | Added |
| ICICI Bank Limited | 16.64% | down 0.10 pts | ₹78.7 Cr | down ₹18 L | Held |
| IndusInd Bank Limited | 10.48% | up 0.60 pts | ₹49.6 Cr | up ₹3 Cr | Added |
| Mahindra & Mahindra Financial Services Limited | 6.33% | up 0.71 pts | ₹29.9 Cr | up ₹3.5 Cr | Added |
| Equitas Holdings Limited | 5.28% | down 0.30 pts | ₹25 Cr | down ₹1.3 Cr | Trimmed |
| Ujjivan Financial Services Limited | 3.46% | down 1.31 pts | ₹16.4 Cr | down ₹6.1 Cr | Trimmed |
| Cash, TREPS & receivables | 3.41% | down 1.11 pts | ₹16.1 Cr | down ₹5.2 Cr | Trimmed |
| Yes Bank Limited | 3.32% | down 0.29 pts | ₹15.7 Cr | down ₹1.3 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 3.21% | up 3.21 pts | ₹15.2 Cr | up ₹15.2 Cr | New |
| Repco Home Finance Limited | 2.89% | up 0.02 pts | ₹13.7 Cr | up ₹16 L | Added |
| Bank of Baroda | 2.76% | up 2.76 pts | ₹13 Cr | up ₹13 Cr | New |
| L&T Finance Limited | 2.67% | up 2.67 pts | ₹12.6 Cr | up ₹12.6 Cr | New |
| Union Bank of India | 2.34% | down 0.23 pts | ₹11.1 Cr | down ₹1.1 Cr | Trimmed |
| The Federal Bank Limited | 2.33% | down 1.07 pts | ₹11 Cr | down ₹5 Cr | Trimmed |
| DDB DEWAN HSG FINANCE CORPORATION LTD Piramal Finance Limited · history in this fund | 2.15% | up 0.26 pts | ₹10.2 Cr | up ₹1.2 Cr | Added |
| IDFC LTD. | 1.72% | up 0.23 pts | ₹8.1 Cr | up ₹1.1 Cr | Added |
| The Jammu & Kashmir Bank Limited | 1.71% | up 1.17 pts | ₹8.1 Cr | up ₹5.6 Cr | Added |
| Indian Bank | 1.43% | down 0.05 pts | ₹6.7 Cr | down ₹20 L | Trimmed |
| Poonawalla Fincorp Limited | 1.21% | down 0.14 pts | ₹5.7 Cr | down ₹66 L | Trimmed |
| Credit Analysis and Research Limited | 1.17% | up 1.17 pts | ₹5.5 Cr | up ₹5.5 Cr | New |
| Karur Vysya Bank Limited | 0.75% | down 0.22 pts | ₹3.5 Cr | down ₹1 Cr | Trimmed |
| Housing Development Finance Corporation Limited (Warrant) Other | 0.17% | down <0.01 pts | ₹82 L | down ₹1 L | Trimmed |
What changed, Jul 2016 to Aug 2016
New New positions (4)
- Kotak Mahindra Bank Limited3.2% · ₹15.2 Cr
- Bank of Baroda2.8% · ₹13 Cr
- L&T Finance Limited2.7% · ₹12.6 Cr
- Credit Analysis and Research Limited1.2% · ₹5.5 Cr
Exited Exited (3)
- Axis Bank Limitedwas 5.4% · ₹25.4 Cr
- Housing Development Finance Corporation Limitedwas 1.9% · ₹8.9 Cr
- State Bank of Indiawas 1.5% · ₹6.9 Cr
Added Biggest additions
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 Jul 2016, the weight rose most in Finance (+1.1 pts), and fell most in Banks (−1.1 pts).
- Finance26.7% → 27.9%+1.1 pts
- Banks73.3% → 72.1%−1.1 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 | Aug 2015 | Feb 2016 | May 2016 | Jul 2016 | Aug 2016 |
|---|---|---|---|---|---|
| Banks | 83.7% | 80.6% | 72.8% | 73.3% | 72.1% |
| Finance | 16.3% | 19.4% | 27.2% | 26.7% | 27.9% |
Allocation in Aug 2016change vs Jul 2016
- Banks (11)72.1%▼ 1.1 pts
- Finance (9)27.9%▲ 1.1 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, Aug 2016
3.4%
▼ 1.1 pts vs Jul 2016
- Cash alone
- 3.4%
- cash and net receivables
- A year earlier
- 1.3%
- Aug 2015 · now ▲ 2.1 pts
- Last 12 months
- 1.0% – 5.7%
- lowest to highest · record 5.7% in Apr 2016
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.