UTI AMC - UTIBANKETF
NSE: UTIBANKETF|BSE: 543226UTI AMC - UTIBANKETF Overview
Open ₹60.21 | Close ₹59.95 | Volume 7,81,716 | Avg. traded ₹60.13 |
Circuit range ₹47.94 - ₹71.91 | Day range ₹59.95 - ₹60.33 | Year range ₹48.71 - ₹60.40 | |
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
-
UTI Nifty Bank ETF aims to offer returns that replicate the performance of the underlying index, subject to minor tracking errors.
-
The ETF is benchmarked against the Nifty Bank Index.
-
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.
-
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.
-
With recent reforms and stringent checks, the sector has minimised the risk associated with regulatory issues.
-
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 % |
|---|---|---|---|
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 | |
01-Oct-25 | ₹56.88 | ₹57.16 |
Composition
What's in fund
| Name | Holdings | Last Price | Price change % | Open Price | Close Price |
|---|---|---|---|---|---|
HDFCBANK | 28.11% | ₹1,007.85 | +₹4.30 (0.43%) | ₹1,004.90 | ₹1,003.55 |
ICICIBANK | 24.98% | ₹1,370.40 | +₹7.30 (0.54%) | ₹1,364.60 | ₹1,363.10 |
KOTAKBANK | 8.80% | ₹2,150.50 | -₹10.30 (-0.48%) | ₹2,170.00 | ₹2,160.80 |
Axis Bank Ltd | 8.54% | ₹1,248.80 | +₹2.50 (0.20%) | ₹1,246.90 | ₹1,246.30 |
SBIN | 8.45% | ₹939.75 | +₹9.50 (1.02%) | ₹933.90 | ₹930.25 |
INDUSINDBK | 4.51% | ₹807.45 | +₹7.70 (0.96%) | ₹804.00 | ₹799.75 |
FEDERALBNK | 3.48% | ₹234.91 | -₹0.87 (-0.37%) | ₹236.20 | ₹235.78 |
Bank of Baroda | 3.19% | ₹274.60 | -₹2.35 (-0.85%) | ₹276.55 | ₹276.95 |
IDFCFIRSTB | 2.78% | ₹79.35 | +₹0.15 (0.19%) | ₹79.20 | ₹79.20 |
Punjab National Bank | 2.52% | ₹0.00 | +0.00 (0.00%) | ₹0.00 | ₹0.00 |
Sectors | Sector Holdings |
|---|---|
100.00% |
ETFs Similar to UTI AMC - UTIBANKETF
Stock Name | Price | Change % |
|---|---|---|
| Axis AMC - AxisHCETF | ₹151.16 | +₹0.29 (0.19%) |
| Axis AMC - AxisNIFTY | ₹286.07 | +₹1.64 (0.58%) |
| NIP ETF Infra Bees | ₹999.10 | +₹14.41 (1.46%) |
| NIP ETF Nifty 100 | ₹281.97 | +₹1.55 (0.55%) |
| NIP ETF Nifty Bees | ₹294.50 | +₹1.40 (0.48%) |
| Quantum Gold Fund | ₹99.40 | +₹2.84 (2.94%) |
| SBI AMC - SETF10GILT | ₹258.80 | +0.00 (0.00%) |
| SBI-ETF Nifty Next 50 | ₹746.85 | +₹8.75 (1.19%) |
Popular Stocks
Stock Name | Price | Change % |
|---|---|---|
| CPSE ETF Share Price | ₹94.77 | +₹0.95 (1.01%) |
| Gold BeES Share Price | ₹99.95 | +₹3.11 (3.21%) |
| Indian Railway Finance Corp Share Price | ₹125.09 | +₹2.32 (1.89%) |
| ITC Share Price | ₹421.60 | +₹3.70 (0.89%) |
| NIP ETF IT Share Price | ₹39.66 | +₹0.24 (0.61%) |
| NIP ETF Nifty Bees Share Price | ₹294.50 | +₹1.40 (0.48%) |
| Tata Motors Share Price | ₹411.35 | -₹0.15 (-0.04%) |
| Tata Power Share Price | ₹410.70 | +₹12.05 (3.02%) |
| Tata Steel Share Price | ₹185.19 | +₹3.38 (1.86%) |
| YES Bank Share Price | ₹22.69 | -₹0.04 (-0.18%) |