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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
₹445 Cr
down ₹27 Cr vs Oct 2016
- Stocks held
- 21
- unchanged
- Top 10 weight
- 76.1%
- of the portfolio in its ten largest
- Cash & debt
- 4.0%
- cash, money market and debt
- Moves this month
- 4 in · 4 out
- added to 3, trimmed 14
UTI - Banking Sector Fund is an active equity fund in the Sectoral / Thematic category from UTI Mutual Fund. In November 2016 it disclosed 21 stocks worth ₹445 Cr, down ₹27 Cr from Oct 2016. Its largest positions were HDFC Bank Limited (23.6%), ICICI Bank Limited (17.1%), IndusInd Bank Limited (9.1%); the ten largest together made up 76.1% of the portfolio, and Banks was the biggest sector at 72.9% of its equity. Cash and debt stood at 4.0%. Compared with Oct 2016 the fund entered 4 new stocks and exited 4.
Against 230 other Sectoral / Thematic funds
Concentration
96%
Top-10 weight is higher than 96% of peers
Breadth
6%
Holds more stocks than 6% of peers
Cash
59%
Holds more cash than 59% of peers
What these mean: concentration · cash
Holdings in November 2016
Download CSVEvery line the fund disclosed, with the change against Oct 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 | 23.56% | up 0.24 pts | ₹105 Cr | down ₹5.2 Cr | Trimmed |
| ICICI Bank Limited | 17.14% | down 0.09 pts | ₹76.3 Cr | down ₹5 Cr | Trimmed |
| IndusInd Bank Limited | 9.15% | down 0.40 pts | ₹40.7 Cr | down ₹4.4 Cr | Trimmed |
| Mahindra & Mahindra Financial Services Limited | 5.57% | down 0.86 pts | ₹24.8 Cr | down ₹5.6 Cr | Trimmed |
| Equitas Holdings Limited | 5.12% | down 0.18 pts | ₹22.8 Cr | down ₹2.2 Cr | Trimmed |
| Cash, TREPS & receivables | 4.05% | down 0.20 pts | ₹18 Cr | down ₹2.1 Cr | Trimmed |
| Bank of Baroda | 3.68% | up 0.71 pts | ₹16.4 Cr | up ₹2.4 Cr | Added |
| Axis Bank Limited | 3.16% | up 3.16 pts | ₹14.1 Cr | up ₹14.1 Cr | New |
| L&T Finance Limited | 3.01% | down 0.39 pts | ₹13.4 Cr | down ₹2.6 Cr | Trimmed |
| Kotak Mahindra Bank Limited | 2.88% | down 0.21 pts | ₹12.8 Cr | down ₹1.8 Cr | Trimmed |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 2.84% | up 2.84 pts | ₹12.7 Cr | up ₹12.7 Cr | New |
| DCB Bank Limited | 2.42% | up 1.87 pts | ₹10.8 Cr | up ₹8.2 Cr | Added |
| Ujjivan Financial Services Limited | 2.39% | down 1.05 pts | ₹10.7 Cr | down ₹5.6 Cr | Trimmed |
| Union Bank of India | 2.39% | up 0.20 pts | ₹10.6 Cr | up ₹30 L | Added |
| Credit Analysis and Research Limited | 2.14% | down 0.01 pts | ₹9.5 Cr | down ₹64 L | Trimmed |
| Yes Bank Limited | 2.11% | down 0.45 pts | ₹9.4 Cr | down ₹2.7 Cr | Trimmed |
| Repco Home Finance Limited | 1.81% | down 0.79 pts | ₹8.1 Cr | down ₹4.2 Cr | Trimmed |
| IDFC LTD. | 1.66% | down 0.25 pts | ₹7.4 Cr | down ₹1.6 Cr | Trimmed |
| The Jammu & Kashmir Bank Limited | 1.59% | down 0.07 pts | ₹7.1 Cr | down ₹76 L | Trimmed |
| PNB Housing Finance Limited | 1.42% | up 1.42 pts | ₹6.3 Cr | up ₹6.3 Cr | New |
| Karur Vysya Bank Limited | 1.32% | down 0.21 pts | ₹5.9 Cr | down ₹1.3 Cr | Trimmed |
| State Bank of India | 0.58% | up 0.58 pts | ₹2.6 Cr | up ₹2.6 Cr | New |
What changed, Oct 2016 to Nov 2016
New New positions (4)
- Axis Bank Limited3.2% · ₹14.1 Cr
- Shriram Transport Finance Company Limited2.8% · ₹12.7 Cr
- PNB Housing Finance Limited1.4% · ₹6.3 Cr
- State Bank of India0.6% · ₹2.6 Cr
Exited Exited (4)
- Housing Development Finance Corporation Limitedwas 2.2% · ₹10.4 Cr
- The Federal Bank Limitedwas 2.1% · ₹10 Cr
- EQ PNB HOUSING FINANCE LTD.was 1.1% · ₹5.4 Cr
- Indian Bankwas 0.4% · ₹1.9 Cr
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 Oct 2016, the weight rose most in Banks (+2.8 pts), and fell most in Finance (−2.8 pts).
- Banks70.1% → 72.9%+2.8 pts
- Finance29.9% → 27.1%−2.8 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 | Nov 2015 | May 2016 | Aug 2016 | Oct 2016 | Nov 2016 |
|---|---|---|---|---|---|
| Banks | 83.8% | 72.8% | 72.1% | 70.1% | 72.9% |
| Finance | 16.2% | 27.2% | 27.9% | 29.9% | 27.1% |
Allocation in Nov 2016change vs Oct 2016
- Banks (12)72.9%▲ 2.8 pts
- Finance (9)27.1%▼ 2.8 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, Nov 2016
4.0%
▼ 0.2 pts vs Oct 2016
- Cash alone
- 4.0%
- cash and net receivables
- A year earlier
- 1.6%
- Nov 2015 · now ▲ 2.5 pts
- Last 12 months
- 2.9% – 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.