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UTI AMC - UTIBANKETF

UTIBANKETF

₹52.00+₹0.24 (0.46%) TodayLast updated on 21 Nov, 2024 | 15:29 IST

UTI AMC - UTIBANKETF Chart

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  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹52.29
Close
₹51.76
Volume
47,220
Avg. traded
₹51.48
Circuit range
₹41.26 - ₹61.89
Day range
₹50.75 - ₹52.50
Year range
₹41.00 - ₹55.96
AUM
₹3,473.81 Cr

Managers

Sharwan Kumar Goyal, +1 more
Launch Date
03 Sep 2020
UTI AMC - UTIBANKETF

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%.

Key indicators

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Tracking index
Nifty Bank

Expense Ratio

0.16%
Tracking error
0.04%

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Investment checklist: (3/6)
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Liquidity

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Fund size

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Expense Ratio

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Tracking error

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Returns vs FD Rates

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Entry Point

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Returns

Returns vs Benchmark
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  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
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This ETF

Nifty 50

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UTI AMC - UTIBANKETF Shareholder returns

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1 day
+0.27%
1 week
-2.67%
1 month
-3.90%
3 months
+0.52%
1 year
+17.18%
3 years
+35.43%
5 years
-77.69%

UTI AMC - UTIBANKETF Price history

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DayOpenCloseChange %
Tue, Nov 19 2024
₹52.22
₹51.76
+0.27%
Mon, Nov 18 2024
₹52.10
₹51.62
+0.23%
Thu, Nov 14 2024
₹52.18
₹51.50
-0.16%
Wed, Nov 13 2024
₹52.46
₹51.58
-1.70%
Tue, Nov 12 2024
₹53.21
₹52.47
-1.34%
Mon, Nov 11 2024
₹53.28
₹53.18
+0.64%
Fri, Nov 8 2024
₹53.78
₹52.84
-0.83%
Thu, Nov 7 2024
₹53.14
₹53.28
-0.86%

Frequently asked questions

What is the UTI AMC - UTIBANKETF share price today?

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UTI AMC - UTIBANKETF share price is ₹ 52.00 today.

What is today’s high & low share price of UTI AMC - UTIBANKETF?

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UTI AMC - UTIBANKETF share price high: ₹ 52.50 and low: ₹ 50.75

What is Assets Under Management (AUM) of UTI AMC - UTIBANKETF shares today on the NSE?

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UTI AMC - UTIBANKETF Assets Under Management (AUM) of ₹ 3,473.81 Crores.

What is the UTI AMC - UTIBANKETF share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 55.96 and Low Price is ₹ 41.00

What is the UTI AMC - UTIBANKETF Stock Symbol?

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The UTI AMC - UTIBANKETF Stock symbol is UTIBANKETF.

Can I buy UTI AMC - UTIBANKETF shares on Holidays?

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No, shares of UTI AMC - UTIBANKETF or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell UTI AMC - UTIBANKETF shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.