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Overview

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The UTI Nifty Bank ETF, managed by UTI Asset Management Company Limited, aims to mirror the total returns of the Nifty Bank TRI index while minimizing tracking error, although guarantees are not provided.

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This passive investment strategy focuses on replicating the performance of the Nifty Bank TRI index, ensuring that the ETF's returns closely align with those of the underlying securities.

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The fund's portfolio predominantly comprises financial services, with significant holdings in HDFC Bank Ltd (27.97%) and ICICI Bank Ltd (23.01%), indicating a concentrated exposure within the banking sector.

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Performance has been robust, with a 1-year return of +15.6% and a 3-year CAGR of 11.7%, reflecting consistent growth despite a minor tracking error of 0.02%.

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With an AUM of ₹3817.8 Cr and a low expense ratio of 0.17%, the fund remains accessible, managed by experienced professionals since 2020 and 2022, respectively.

AMC

UTI Asset Management Company Limited

Manager

Mr. Sharwan Kumar Goyal

Benchmark

Nifty Bank TRI

Fund Size

3,818

Expense Ratio (%)

0.17%

Tracking Error (%)

0.02%

PE

Beta

Low Risk

Volatility

0.15

Dividend Yield (%)

52W Low

48.68

52W High

62.27

Standard Deviation

0.939

Risk Level

Technicals

Bullish

RSI

73.28

EMA 50

60.18

EMA 200

57.08

Technicals

Oscillators

BearishNeutralBullish

Neutral

Bearish

3

Neutral

8

Bullish

3

Overall

BearishNeutralBullish

Bullish

Bearish

3

Neutral

9

Bullish

34

Moving Averages

BearishNeutralBullish

Bullish

Bearish

0

Neutral

1

Bullish

31

Overall

BearishNeutralBullish

Bullish

Bearish

3

Neutral

9

Bullish

34

Holdings(Top 10 Holdings)

CompanyWeightage (%)
HDFC Bank Ltd27.97%
ICICI Bank Ltd23.01%
State Bank Of India9.32%
Axis Bank Ltd9.05%
Kotak Mahindra Bank Ltd8.94%
Federal Bank Ltd3.57%
IDFC First Bank Ltd3.32%
Indus Ind Bank Ltd3.21%
Bank Of Baroda3.15%
AU Small Finance Bank Ltd3.03%

Allocation

Industry
Asset
Industry
No ConstituentsNo Constituents

No data found

Peers

No ConstituentsNo Constituents