UTI - Banking and Financial Services Fund
Fund basics
Everything the NAV says
Computed from 3,360 published NAVs between 2 Jan 2013 and 27 Aug 2026 — 13.6 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.
How it has moved
Return over time (%)
| Fund name | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| UTI - Banking and Financial Services Fund Direct | 2.09 | 5.62 | -3.21 | 8.51 | 14.40 | 12.93 | 12.76 | 11.50 | 11.78 |
| Nifty 500 benchmark | 0.87 | 4.31 | 2.15 | 5.20 | 12.49 | 11.41 | — | — | 15.49 |
| Sectoral / Thematic category median · 131 funds | — | — | — | 6.97 | 16.91 | 14.34 | — | 15.17 | — |
Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index fund named below, priced daily by AMFI like every other scheme here. The category row is the median Direct plan in Sectoral / Thematic — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 27 Aug 2026.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| UTI - Banking and Financial Services Fund Direct | 21.24 | 0.37 | 0.52 | 1.22 | -2.92 | -49.00 |
| Nifty 500 benchmark | 17.16 | 0.35 | 0.47 | — | — | -37.31 |
Risk-free rate 6.5%. Beta and alpha need an index, so the benchmark's own row leaves them blank.
Against its benchmark
Regressed on the 83 months this fund and Nifty 500 (via Motilal Oswal Nifty 500 Index Fund) both have. Alpha is Jensen's — the return left over after the market move this fund's own beta would predict.
| Alpha | Beta | R² | Fund vs index | Up capture | Down capture | Tracking error | Information ratio | Treynor |
|---|---|---|---|---|---|---|---|---|
| -2.92% | 1.22 | 81% | -0.64% | 108% | 120% | 11.39% | -0.06 | 8.02 |
Up and down capture are the pair worth reading together: a fund that takes 95% of the rises but only 80% of the falls is doing something a headline CAGR will never show you.
Risk
| Volatility | Downside volatility | Sharpe | Sortino |
|---|---|---|---|
| 21.2% | 15.1% | 0.37 | 0.52 |
Risk-free rate 6.5%, roughly the 10-year government bond.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| -49.0% | 10 months | -3.4% |
A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.
Every one-year period it has lived through
| Best year | Median year | Worst year | Losing years |
|---|---|---|---|
| 93.2% | 13.3% | -43.7% | 21% |
Rolling returns ask a fairer question than a single five-year figure: not "what did it do from this one start date", but "what happened across every start date". A fund whose worst year is −45% is a different proposition from one whose worst is −8%, even if the averages match.
Calendar years
If you had run a SIP
₹10,000 every month for five years — ₹600,000 invested in all — would be worth ₹841,269 today, an XIRR of 13.50% a year.
XIRR, not CAGR. A SIP's money arrives over sixty months, so most of it has been invested for far less than five years — which is why this figure normally sits below the five-year CAGR above in a rising market, and above it in a falling one. It is the return the investor got, not the return the fund got.
How it compares in its category
Against the Sectoral / Thematic Direct schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| UTI - Banking and Financial Services Fund UTI Mutual Fund · this scheme | 14.4% | -2.9% | 1.22 | 21.2% | 0.37 | -49.0% |
| Nippon India Taiwan Equity Fund Nippon India Mutual Fund | 59.7% | 30.7% | 0.49 | 32.3% | 1.65 | -44.8% |
| HDFC Defence Fund HDFC Mutual Fund | 39.2% | 30.7% | 1.60 | 24.8% | 1.32 | -34.5% |
| LIC MF Infrastructure Fund LIC Mutual Fund | 25.4% | 8.3% | 1.08 | 18.1% | 1.05 | -39.6% |
| ICICI PRUDENTIAL TRANSPORTATION AND LOGISTICS FUND ICICI Prudential Mutual Fund | 25.5% | 13.5% | 1.01 | 15.7% | 1.21 | -23.6% |
| Franklin Asian Equity Fund Franklin Templeton Mutual Fund | 24.5% | 2.2% | 0.52 | 15.4% | 1.17 | -40.2% |
| BANK OF INDIA MANUFACTURING & INFRASTRUCTURE FUND Bank of India Mutual Fund | 24.3% | 11.6% | 0.95 | 17.0% | 1.05 | -43.5% |
| SBI PSU FUND SBI Mutual Fund | 23.7% | 6.9% | 1.00 | 19.7% | 0.87 | -47.1% |
| SBI HEALTHCARE OPPORTUNITIES FUND SBI Mutual Fund | 24.9% | 15.6% | 0.62 | 16.0% | 1.15 | -30.5% |
Alpha and beta are against Nifty 500. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Sectoral / Thematic scheme is
At least 80% in one sector or theme.
The same concentration risk as any sector fund. Themes are usually launched after the theme has already run, which is why the average investor's return in these funds trails the funds' own published returns.
Who it suits. A small, deliberate satellite position — rarely a core holding.
How long money should stay. Through a full cycle.
Questions people ask
What is the NAV of UTI - Banking and Financial Services Fund — Direct Plan — Growth?
₹228.3735 as on 27 Aug 2026, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of UTI - Banking and Financial Services Fund?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the Growth option mean?
Growth reinvests everything the fund earns back into the NAV. Nothing is paid out, so the NAV rises with returns and you are taxed only when you sell. For anybody who does not need income from the investment, Growth is the simpler and usually the more tax-efficient option.
What kind of scheme is this?
At least 80% in one sector or theme. The same concentration risk as any sector fund. Themes are usually launched after the theme has already run, which is why the average investor's return in these funds trails the funds' own published returns.
How long should money stay in it?
Typically Through a full cycle. A small, deliberate satellite position — rarely a core holding.