UTI AMC - UTIBANKETF
NSE: UTIBANKETF|BSE: 543226UTI AMC - UTIBANKETF Overview
Open ₹60.44 | Close ₹60.14 | Volume 10,53,171 | Avg. traded ₹60.05 |
Circuit range ₹48.02 - ₹72.03 | Day range ₹59.90 - ₹60.44 | Year range ₹48.71 - ₹60.44 | |
AUM ₹3,488.75 Cr | ManagersSharwan Kumar Goyal, +1 more | Launch Date 03 Sep 2020 |
UTI AMC - UTIBANKETF About
About UTI Nifty Bank ETF
- UTI Nifty Bank ETF is an open-ended exchange-traded fund offered by UTI Mutual Fund House.
- The scheme was launched on September 1, 2020.
- UTI Nifty Bank ETF consists of top banking stocks listed on the National Stock Exchange.
- Shravan Kumar Goyal and Ayush Jain are the fund managers for this ETF.
- Like any other stock market transaction, a demat account is required to invest in UTI Nifty Bank ETF.
- Investors can place buy orders for the UTI Nifty Bank ETF through their brokers during the trading window of the NSE.
Investment Objective & Benchmark
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UTI Nifty Bank ETF aims to offer returns that replicate the performance of the underlying index, subject to minor tracking errors.
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The ETF is benchmarked against the Nifty Bank Index.
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The growth in the Indian economy has seen a surge in infrastructural spending, leading to increased borrowing. This spike in demand positions the banking sector for exponential growth.
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This ETF is a cost-effective way to make gains with the growth of the banking sector, allowing one to invest in top banking stocks in a single investment.
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With recent reforms and stringent checks, the sector has minimised the risk associated with regulatory issues.
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The ETF creates a balance of stocks from both the private and public sector lenders, offering greater diversification.
Asset Allocation & Portfolio Composition
- UTI Nifty Bank ETF invests heavily in equity, allocating 99.49% of the funds.
- The remaining 0.51% is invested in debt, and cash.
- The ETF has invested 99.49% of the funds in the financial sector and the remaining in others.
- The ETF has diversified its fund across market capitalisation – 67.22% to giant cap, 13.93% to large cap, and 14.87% to mid-cap companies. The remaining 3.98% of the funds are invested in small-cap firms.
- The top 10 company holdings in the UTI Nifty Bank ETF make up 99.64% of the asset allocation, as of June 2024.
Top 10 company holdings UTI Nifty Bank ETF along with their portfolio weightage:
- HDFC Bank Ltd- 29.26%
- ICICI Bank Ltd- 23.21%
- Axis Bank Ltd- 9.73%
- State Bank of India Ltd- 9.62%
- Kotak Mahindra Bank Ltd - 8.18%
- IndusInd Bank Ltd- 6.22%
- Bank of Baroda Lt- 3.17%
- Punjab National Bank - 2.47%
- AU Small Finance Ltd-2.34%
- Federal Bank Ltd - 2.33%
UTI Nifty Bank ETF has posted a return of 11.99% over the past year, as per data as oo June 30.
Since its inception in September 2020, the ETF has generated a return of 21.95% against the Nifty Bank TRI's 22.05%.
UTI AMC - UTIBANKETF Chart
Key indicators
Tracking index Nifty Bank |
Expense Ratio0.16% |
Tracking error 0.04% |
Investment Checklist: (3/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
Returns vs Benchmark
This ETF
Nifty 50
UTI AMC - UTIBANKETF Price history
| Day | Open | Close | Change % |
|---|---|---|---|
14-Oct-25 | ₹58.64 | ₹58.22 | -0.33% |
13-Oct-25 | ₹58.08 | ₹58.41 | |
10-Oct-25 | ₹57.95 | ₹58.32 | |
09-Oct-25 | ₹58.18 | ₹58.00 | |
08-Oct-25 | ₹58.00 | ₹57.82 | -0.21% |
07-Oct-25 | ₹58.05 | ₹57.94 | |
06-Oct-25 | ₹57.85 | ₹57.89 | |
03-Oct-25 | ₹57.37 | ₹57.36 |
Composition
What's in fund
| Name | Holdings | Last Price | Price change % | Open Price | Close Price |
|---|---|---|---|---|---|
HDFCBANK | 28.11% | ₹998.15 | -₹9.70 (-0.96%) | ₹1,000.00 | ₹1,007.85 |
ICICIBANK | 24.98% | ₹1,362.40 | -₹8.00 (-0.58%) | ₹1,362.40 | ₹1,370.40 |
KOTAKBANK | 8.80% | ₹2,137.20 | -₹13.30 (-0.62%) | ₹2,150.00 | ₹2,150.50 |
Axis Bank Ltd | 8.54% | ₹1,238.60 | -₹10.20 (-0.82%) | ₹1,243.00 | ₹1,248.80 |
SBIN | 8.45% | ₹934.35 | -₹5.40 (-0.57%) | ₹939.45 | ₹939.75 |
INDUSINDBK | 4.51% | ₹800.95 | -₹6.50 (-0.81%) | ₹807.00 | ₹807.45 |
FEDERALBNK | 3.48% | ₹234.81 | -₹0.10 (-0.04%) | ₹235.01 | ₹234.91 |
Bank of Baroda | 3.19% | ₹272.75 | -₹1.85 (-0.67%) | ₹274.60 | ₹274.60 |
IDFCFIRSTB | 2.78% | ₹78.93 | -₹0.42 (-0.53%) | ₹79.30 | ₹79.35 |
Punjab National Bank | 2.52% | ₹0.00 | +0.00 (0.00%) | ₹0.00 | ₹0.00 |
Sectors | Sector Holdings |
|---|---|
100.00% |
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