Objective: The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies/institutions engaged in the banking and financial services activities.
However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
UTI Banking and Financial Services Fund-Direct Income Payout Inc Dist cum Cap Wdrl is an Equity - Sector - Financial Services fund. The fund was launched inJan 01, 2013. Its risk level is . The NAV of the fund as onJul 11, 2025 is ₹85.84. Its expense ratio is 1.34 %. The fund has an AUM of ₹1,294.71 Cr.The fund is managed byPreethi S,Amit Premchandani.
The minimum initial investment is ₹5000 in Lumpsum mode.