UTI Nifty Bank ETF
Fund basics
Everything the NAV says
Computed from 1,494 published NAVs between 3 Sep 2020 and 18 Sep 2026 — 6.0 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 Nifty Bank ETF Direct | -1.55 | -2.16 | 6.05 | 1.56 | 7.69 | 9.03 | — | — | 16.55 |
| Nifty 100 benchmark | 0.25 | 3.49 | -1.52 | 1.84 | 10.52 | 9.38 | — | — | 12.79 |
| Index Funds category median · 183 funds | — | — | — | 5.71 | 7.60 | 9.78 | — | 11.29 | — |
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 Index Funds — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 25 Sep 2026.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| UTI Nifty Bank ETF Direct | 18.57 | 0.06 | 0.09 | 1.14 | 2.60 | -20.59 |
| Nifty 100 benchmark | 17.12 | 0.23 | 0.32 | — | — | -37.03 |
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 71 months this fund and Nifty 100 (via Axis Nifty 100 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 |
|---|---|---|---|---|---|---|---|---|
| 2.60% | 1.14 | 69% | 3.89% | 111% | 90% | 11.29% | 0.34 | 11.23 |
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 |
|---|---|---|---|
| 18.6% | 12.6% | 0.06 | 0.09 |
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 |
|---|---|---|
| -20.6% | 3 months | -8.0% |
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 |
|---|---|---|---|
| 79.6% | 12.2% | -4.9% | 5% |
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 ₹748,354 today, an XIRR of 8.77% 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.
What it actually holds
The real portfolio the AMC filed with AMFI. Nothing here is estimated — when a fund has no filing in our store the section simply does not appear. A fund is its holdings; the returns above are only what those holdings did.
Asset allocation
A fund's risk starts here — how much of it is even in the market — before any question of which stocks or which sectors. Cash is not idleness; it is the manager's choice not to be invested, and it shows up as a drag in a rising market and a cushion in a falling one.
Portfolio aggregates
Concentration
| Number of stocks | 14 |
|---|---|
| Top 5 stocks | 61.21% |
| Top 10 stocks | 86.76% |
| Top 20 stocks | 99.95% |
| Largest single holding | 17.02% |
| Largest sector | Banks · 99.95% |
| Number of sectors | 1 |
| Effective stocks | 10.2 |
| Cash & equivalents | 0.04% |
Counting positions overstates diversification. The effective-stocks figure is the honest count: a portfolio can hold seventy names and still have most of its money in twenty.
Sector allocation
Largest holdings
Top 10 are 86.8% of the fund. A high number means a concentrated portfolio — fewer names doing more of the work, for better and for worse.
Disclosed holdings from the AMC's AMFI filing, largest first. A portfolio is filed monthly and shifts between filings — this is the most recent one loaded, not a live book.
How it compares in its category
Against the Index Funds 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 Nifty Bank ETF UTI Mutual Fund · this scheme | 7.7% | 2.6% | 1.14 | 18.6% | 0.06 | -20.6% |
| UTI Silver Exchange Traded Fund UTI Mutual Fund | 45.1% | 33.7% | -0.12 | 35.1% | 1.10 | -43.3% |
| UTI - Gold Exchange Traded Fund UTI Mutual Fund | 36.1% | 15.2% | -0.02 | 17.2% | 1.72 | -29.8% |
| ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential Mutual Fund | 30.0% | 12.0% | 0.56 | 23.3% | 1.01 | -30.0% |
| Motilal Oswal S&P 500 Index Fund Motilal Oswal Mutual Fund | 25.4% | 11.1% | 0.34 | 16.8% | 1.13 | -19.9% |
| ICICI Prudential Nifty Pharma Index Fund ICICI Prudential Mutual Fund | 18.8% | 14.0% | 0.72 | 14.2% | 0.87 | -16.6% |
| UTI Nifty 500 Value 50 Index Fund UTI Mutual Fund | 21.0% | 15.6% | 1.20 | 19.7% | 0.74 | -22.6% |
| Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Edelweiss Mutual Fund | 18.4% | 6.6% | 0.51 | 11.6% | 1.03 | -16.3% |
| Kotak Nifty Smallcap 50 Index Fund Kotak Mahindra Mutual Fund | 18.2% | 13.6% | 1.27 | 19.4% | 0.60 | -25.0% |
Alpha and beta are against Nifty 100. 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 Index Funds scheme is
Track an index, holding its constituents in its proportions.
No manager, no stock picking, and an expense ratio a fraction of an active fund's. Over long periods that fee gap alone beats a majority of active large-cap funds — which is the strongest argument index funds have.
Who it suits. Anybody who would rather have the market's return at the lowest cost than try to beat it.
How long money should stay. 5 years or more.
Questions people ask
What is the NAV of UTI Nifty Bank ETF — Direct Plan — Growth?
₹57.5676 as on 25 Sep 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 Nifty Bank ETF?
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?
Track an index, holding its constituents in its proportions. No manager, no stock picking, and an expense ratio a fraction of an active fund's. Over long periods that fee gap alone beats a majority of active large-cap funds — which is the strongest argument index funds have.
How long should money stay in it?
Typically 5 years or more. Anybody who would rather have the market's return at the lowest cost than try to beat it.