The current market price of UTI Nifty Bank ETF is ₹62.97. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The UTI Nifty Bank ETF, managed by UTI Asset Management Company Limited, aims to replicate the returns of the Nifty Bank TRI index, focusing on passive investment strategies. This ETF primarily invests in the financial services sector, with significant holdings in HDFC Bank (27.97%), ICICI Bank (23.01%), and State Bank Of India (9.32%), showcasing a concentrated portfolio. Performance metrics indicate a robust change of +22.2% over the past year, with a 3-year CAGR of 12.1% and a 5-year CAGR of 14.2%, highlighting its competitive returns. The fund maintains a low expense ratio of 0.17% and a minimal tracking error of 0.02%, ensuring efficient management and alignment with its benchmark performance. With a substantial AUM of ₹3817.83 Cr, this ETF is designed for liquidity, supported by experienced managers Mr. Sharwan Kumar Goyal and Mr. Ayush Jain since 2020 and 2022, respectively.

UTI Nifty Bank ETF is designed to track Nifty Bank TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of UTI Nifty Bank ETF is 0.18%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of UTI Nifty Bank ETF is approximately ₹3,977.66. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

UTI Nifty Bank ETF is classified under the as per the risk-o-meter defined by the fund house risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of UTI Nifty Bank ETF is depends on how closely the ETF follows its benchmark. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

UTI Nifty Bank ETF does not currently declare dividends and may reinvest earnings into the fund. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, UTI Nifty Bank ETF has delivered the following returns: 1-year return: 25.71%. 3-year return: 52.11%. 5-year return: 72.46%. Past performance does not guarantee future results.

Before investing in UTI Nifty Bank ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.