UTI Banking and Financial Services Fund
The fund maintains a heavily concentrated bet on large-cap banking and financial services, with the big three banks commanding over 38 percent of assets. Recent portfolio pruning—exiting smaller lenders and adding fintech exposure—signals the manager is rotating toward quality and scale while paring down weak performers. The month's modest decline reflects sector headwinds, though the significant overweight to HDFC Bank and reinforced positions in insurance suggest conviction that premium franchises will outperform amid normalizing credit cycles.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹214.4508 | -2.77% | — | — | — |
| Regular Growth | ₹186.5701 | -2.84% | +0.02% | +12.73% | +12.84% |
| Direct IDCW | ₹83.9324 | -2.77% | — | — | — |
| Regular IDCW | ₹72.6122 | -2.84% | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| EQ - PB FINTECH LTD | 0.93% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | EQ - HDFC BANK LIMITED INE040A01034 | 16.43% |
| 2 | EQ - ICICI BANK LTD INE090A01021 | 13.05% |
| 3 | EQ - KOTAK MAHINDRA BANK LTD. INE237A01036 | 9.23% |
| 4 | EQ - BAJAJ FINANCE LTD. INE296A01032 | 7.88% |
| 5 | EQ - AXIS BANK LTD. INE238A01034 | 7.70% |
| 6 | EQ - SHRIRAM FINANCE LTD INE721A01047 | 4.95% |
| 7 | EQ - STATE BANK OF INDIA INE062A01020 | 4.75% |
| 8 | EQ - SBI LIFE INSURANCE COMPANY LTD INE123W01016 | 3.73% |
| 9 | EQ - MULTI COMMODITY EXCHANGE OF IN INE745G01043 | 3.30% |
| 10 | EQ - BAJAJ FINSERV LTD. INE918I01026 | 3.18% |
| 11 | NET CURRENT ASSETS | 3.12% |
| 12 | EQ - UJJIVAN SMALL FINANCE BANK LTD INE551W01018 | 2.75% |
| 13 | EQ - CHOLAMANDALAM INVESTMENT & FIN INE121A01024 | 2.63% |
| 14 | EQ - AAVAS FINANCIERS LTD. INE216P01012 | 1.99% |
| 15 | EQ - ICICI LOMBARD GENERAL INSURANC INE765G01017 | 1.96% |
| 16 | EQ - MAX FINANCIAL SERVICES LTD. INE180A01020 | 1.83% |
| 17 | EQ - HDFC LIFE INSURANCE COMPANY LI INE795G01014 | 1.70% |
| 18 | EQ - INDIA SHELTER FINANCE CORPORATION LTD INE922K01024 | 1.65% |
| 19 | EQ - BANK OF BARODA INE028A01039 | 1.56% |
| 20 | EQ - REC LTD INE020B01018 | 1.36% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does UTI Banking and Financial Services Fund hold?
UTI Banking and Financial Services Fund holds 28 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 54.29% of NAV.
What is the largest holding in UTI Banking and Financial Services Fund?
The largest position in UTI Banking and Financial Services Fund is EQ - HDFC BANK LIMITED, accounting for 16.43% of NAV in the Banks sector.
Is UTI Banking and Financial Services Fund a concentrated or diversified fund?
With a Gini coefficient of 0.545, UTI Banking and Financial Services Fund is moderately concentrated. The HHI concentration index is 76,822 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 54.29% of the portfolio.
What is the market cap allocation of UTI Banking and Financial Services Fund?
Based on SEBI's AMFI classification, UTI Banking and Financial Services Fund's equity portfolio is split as: Large Cap: 68.29%, Mid Cap: 7.21%, Small Cap: 8.85%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does UTI Banking and Financial Services Fund invest in most?
UTI Banking and Financial Services Fund has the highest allocation to Banks (56.68%), Finance (24.12%), Insurance (9.55%). The fund is invested across 6 sectors in total.
How actively managed is UTI Banking and Financial Services Fund compared to other Sectoral / Thematic funds?
UTI Banking and Financial Services Fund has an Active Share of 82.77%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in UTI Banking and Financial Services Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, UTI Banking and Financial Services Fund added 1 new stock (including EQ - PB FINTECH LTD) and exited 6 stocks (including EQ - FEDERAL BANK LTD.). Total holding count decreased from 34 to 29 stocks.