UTI Banking and Financial Services Fund - Regular Plan - IDCW

UTI Banking and Financial Services Fund - Regular Plan - IDCW is a scheme launched by UTI Mutual Fund on April 19, 2004, and falls under the Banking & Financial fund category. It currently manages an AUM of Rs 1,255.45 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 2.22% for managing the portfolio.

• Investing Strategy:

  An open-ended fund to provide capital appreciation through investments in the stocks of the companies/institutions engaged in the banking and financial services activities.

• Performance:

  UTI Banking and Financial Services Fund - Regular Plan - IDCW trailing returns over different times are 6.59% (1 year), 14.92% (3 year) and 21.15% (5 year). The average annual return of this fund stands at 10.02%.