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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
₹463 Cr
down ₹10.2 Cr vs Aug 2016
- Stocks held
- 20
- unchanged
- Top 10 weight
- 77.7%
- of the portfolio in its ten largest
- Cash & debt
- 6.1%
- cash, money market and debt
- Moves this month
- 0 in · 0 out
- added to 7, trimmed 13
UTI - Banking Sector Fund is an active equity fund in the Sectoral / Thematic category from UTI Mutual Fund. In September 2016 it disclosed 20 stocks worth ₹463 Cr, down ₹10.2 Cr from Aug 2016. Its largest positions were HDFC Bank Limited (24.8%), ICICI Bank Limited (15.9%), IndusInd Bank Limited (9.7%); the ten largest together made up 77.7% of the portfolio, and Banks was the biggest sector at 70.6% of its equity. Cash and debt stood at 6.1%. Compared with Aug 2016 the fund entered 0 new stocks and exited 0.
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
78%
Holds more cash than 78% of peers
What these mean: concentration · cash
Holdings in September 2016
Download CSVEvery line the fund disclosed, with the change against Aug 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 | 24.76% | up 0.18 pts | ₹115 Cr | down ₹1.7 Cr | Trimmed |
| ICICI Bank Limited | 15.94% | down 0.70 pts | ₹73.8 Cr | down ₹4.9 Cr | Trimmed |
| IndusInd Bank Limited | 9.72% | down 0.76 pts | ₹45 Cr | down ₹4.6 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 6.61% | up 0.29 pts | ₹30.6 Cr | up ₹68 L | Added |
| Cash, TREPS & receivables | 6.11% | up 2.71 pts | ₹28.3 Cr | up ₹12.2 Cr | Added |
| Equitas Holdings Limited | 5.29% | up 0.01 pts | ₹24.5 Cr | down ₹50 L | Trimmed |
| Ujjivan Financial Services Limited | 3.73% | up 0.27 pts | ₹17.2 Cr | up ₹90 L | Added |
| Kotak Mahindra Bank Limited | 2.99% | down 0.22 pts | ₹13.9 Cr | down ₹1.3 Cr | Trimmed |
| L&T Finance Limited | 2.97% | up 0.30 pts | ₹13.7 Cr | up ₹1.1 Cr | Added |
| Bank of Baroda | 2.89% | up 0.14 pts | ₹13.4 Cr | up ₹36 L | Added |
| Repco Home Finance Limited | 2.79% | down 0.10 pts | ₹12.9 Cr | down ₹77 L | Trimmed |
| Yes Bank Limited | 2.58% | down 0.75 pts | ₹11.9 Cr | down ₹3.8 Cr | Trimmed |
| Union Bank of India | 2.22% | down 0.12 pts | ₹10.3 Cr | down ₹78 L | Trimmed |
| Credit Analysis and Research Limited | 2.07% | up 0.90 pts | ₹9.6 Cr | up ₹4.1 Cr | Added |
| The Federal Bank Limited | 2.04% | down 0.29 pts | ₹9.4 Cr | down ₹1.6 Cr | Trimmed |
| The Jammu & Kashmir Bank Limited | 1.96% | up 0.25 pts | ₹9.1 Cr | up ₹96 L | Added |
| IDFC LTD. | 1.87% | up 0.15 pts | ₹8.7 Cr | up ₹52 L | Added |
| DDB DEWAN HSG FINANCE CORPORATION LTD Piramal Finance Limited · history in this fund | 1.53% | down 0.62 pts | ₹7.1 Cr | down ₹3.1 Cr | Trimmed |
| Karur Vysya Bank Limited | 0.75% | down <0.01 pts | ₹3.5 Cr | down ₹9 L | Trimmed |
| Poonawalla Fincorp Limited | 0.73% | down 0.48 pts | ₹3.4 Cr | down ₹2.3 Cr | Trimmed |
| Indian Bank | 0.44% | down 0.99 pts | ₹2 Cr | down ₹4.7 Cr | Trimmed |
What changed, Aug 2016 to Sep 2016
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Credit Analysis and Research Limitedup ₹4.1 Cr (+0.90% pts)
- L&T Finance Limitedup ₹1.1 Cr (+0.30% pts)
- The Jammu & Kashmir Bank Limitedup ₹96 L (+0.25% pts)
- Ujjivan Financial Services Limitedup ₹90 L (+0.27% pts)
- Mahindra & Mahindra Financial Services 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 2016, the weight rose most in Finance (+1.5 pts), and fell most in Banks (−1.5 pts).
- Finance27.9% → 29.4%+1.5 pts
- Banks72.1% → 70.6%−1.5 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 | Sep 2015 | Mar 2016 | Jun 2016 | Aug 2016 | Sep 2016 |
|---|---|---|---|---|---|
| Banks | 81.7% | 80.3% | 73.5% | 72.1% | 70.6% |
| Finance | 18.3% | 19.7% | 26.5% | 27.9% | 29.4% |
Allocation in Sep 2016change vs Aug 2016
- Banks (11)70.6%▼ 1.5 pts
- Finance (9)29.4%▲ 1.5 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, Sep 2016
6.1%
▲ 2.7 pts vs Aug 2016
- Cash alone
- 6.1%
- cash and net receivables
- A year earlier
- 3.9%
- Sep 2015 · now ▲ 2.3 pts
- Last 12 months
- 1.0% – 6.1%
- lowest to highest · record 6.1% in Sep 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.