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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
₹434 Cr
down ₹11.7 Cr vs Nov 2016
- Stocks held
- 21
- unchanged
- Top 10 weight
- 79.7%
- of the portfolio in its ten largest
- Cash & debt
- 1.9%
- cash, money market and debt
- Moves this month
- 0 in · 0 out
- added to 4, trimmed 17
UTI - Banking Sector Fund is an active equity fund in the Sectoral / Thematic category from UTI Mutual Fund. In December 2016 it disclosed 21 stocks worth ₹434 Cr, down ₹11.7 Cr from Nov 2016. Its largest positions were HDFC Bank Limited (24.3%), ICICI Bank Limited (16.9%), IndusInd Bank Limited (9.6%); the ten largest together made up 79.7% of the portfolio, and Banks was the biggest sector at 75.8% of its equity. Cash and debt stood at 1.9%. Compared with Nov 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
28%
Holds more cash than 28% of peers
What these mean: concentration · cash
Holdings in December 2016
Download CSVEvery line the fund disclosed, with the change against Nov 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 | 24.33% | up 0.77 pts | ₹106 Cr | up ₹58 L | Added |
| ICICI Bank Limited | 16.92% | down 0.22 pts | ₹73.4 Cr | down ₹2.9 Cr | Trimmed |
| IndusInd Bank Limited | 9.58% | up 0.43 pts | ₹41.5 Cr | up ₹80 L | Added |
| Axis Bank Limited | 6.74% | up 3.58 pts | ₹29.2 Cr | up ₹15.2 Cr | Added |
| Mahindra & Mahindra Financial Services Limited | 5.18% | down 0.39 pts | ₹22.5 Cr | down ₹2.4 Cr | Trimmed |
| Equitas Holdings Limited | 4.76% | down 0.36 pts | ₹20.6 Cr | down ₹2.2 Cr | Trimmed |
| Bank of Baroda | 3.54% | down 0.15 pts | ₹15.3 Cr | down ₹1.1 Cr | Trimmed |
| L&T Finance Limited | 3.03% | up 0.02 pts | ₹13.1 Cr | down ₹26 L | Trimmed |
| Kotak Mahindra Bank Limited | 2.82% | down 0.06 pts | ₹12.2 Cr | down ₹61 L | Trimmed |
| Shriram Transport Finance Company Limited Shriram Finance Limited · history in this fund | 2.75% | down 0.09 pts | ₹11.9 Cr | down ₹71 L | Trimmed |
| DCB Bank Limited | 2.74% | up 0.31 pts | ₹11.9 Cr | up ₹1.1 Cr | Added |
| Union Bank of India | 2.27% | down 0.12 pts | ₹9.8 Cr | down ₹79 L | Trimmed |
| Ujjivan Financial Services Limited | 2.23% | down 0.17 pts | ₹9.7 Cr | down ₹100 L | Trimmed |
| Credit Analysis and Research Limited | 2.08% | down 0.06 pts | ₹9 Cr | down ₹52 L | Trimmed |
| Cash, TREPS & receivables | 1.95% | down 2.10 pts | ₹8.4 Cr | down ₹9.6 Cr | Trimmed |
| Yes Bank Limited | 1.87% | down 0.24 pts | ₹8.1 Cr | down ₹1.3 Cr | Trimmed |
| IDFC LTD. | 1.60% | down 0.06 pts | ₹6.9 Cr | down ₹47 L | Trimmed |
| The Jammu & Kashmir Bank Limited | 1.60% | up <0.01 pts | ₹6.9 Cr | down ₹17 L | Trimmed |
| Karur Vysya Bank Limited | 1.32% | up <0.01 pts | ₹5.7 Cr | down ₹14 L | Trimmed |
| Repco Home Finance Limited | 1.28% | down 0.53 pts | ₹5.5 Cr | down ₹2.5 Cr | Trimmed |
| PNB Housing Finance Limited | 0.85% | down 0.57 pts | ₹3.7 Cr | down ₹2.6 Cr | Trimmed |
| State Bank of India | 0.58% | down <0.01 pts | ₹2.5 Cr | down ₹8 L | Trimmed |
What changed, Nov 2016 to Dec 2016
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Axis Bank Limitedup ₹15.2 Cr (+3.58% pts)
- DCB Bank Limitedup ₹1.1 Cr (+0.31% pts)
- IndusInd Bank Limitedup ₹80 L (+0.43% pts)
- HDFC Bank Limitedup ₹58 L (+0.77% pts)
Trimmed Biggest reductions
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 Nov 2016, the weight rose most in Banks (+2.8 pts), and fell most in Finance (−2.8 pts).
- Banks72.9% → 75.8%+2.8 pts
- Finance27.1% → 24.2%−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 | Dec 2015 | Jun 2016 | Sep 2016 | Nov 2016 | Dec 2016 |
|---|---|---|---|---|---|
| Banks | 84.3% | 73.5% | 70.6% | 72.9% | 75.8% |
| Finance | 15.7% | 26.5% | 29.4% | 27.1% | 24.2% |
Allocation in Dec 2016change vs Nov 2016
- Banks (12)75.8%▲ 2.8 pts
- Finance (9)24.2%▼ 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, Dec 2016
1.9%
▼ 2.1 pts vs Nov 2016
- Cash alone
- 1.9%
- cash and net receivables
- A year earlier
- 2.9%
- Dec 2015 · now ▼ 0.9 pts
- Last 12 months
- 1.9% – 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.