UTI Banking & PSU Fund - Regular Plan - Quarterly IDCW

UTI Banking & PSU Fund - Regular Plan - Quarterly IDCW is a scheme launched by UTI Mutual Fund on February 20, 2015, and falls under the Banking and PSU fund category. It currently manages an AUM of Rs 810.3 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 20000. It charges an expense ratio of 0.54% for managing the portfolio.

• Investing Strategy:

  To generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs).

• Performance:

  UTI Banking & PSU Fund - Regular Plan - Quarterly IDCW trailing returns over different times are 8.14% (1 year), 7.08% (3 year) and 5.85% (5 year). The average annual return of this fund stands at 5.92%.