Bank of India Banking & Financial Services Fund vs UTI - Banking and Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bank of India Banking & Financial Services Fund is a Thematic fund and UTI - Banking and Financial Services Fund is a Thematic fund. Bank of India Banking & Financial Services Fund charges 1.68% a year and UTI - Banking and Financial Services Fund 1.45% (Direct plans). Their portfolios overlap 51.8%: they hold 18 of the same securities.
Bank of India Banking & Financial Services Fund
Thematic
- Expense ratio
- 1.68%
- NAV
- ₹8.96
UTI - Banking and Financial Services Fund
Thematic
- Expense ratio
- 1.45%
- NAV
- ₹212.57
Which is better, Bank of India Banking & Financial Services or UTI - Banking and Financial Services? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- UTI - Banking and Financial Services costs less: 1.45% a year against 1.68% (Direct plans).
- Bank of India Banking & Financial Services fell less in its worst fall since 02-02-2026: −14.3% against −16.5%.
- UTI - Banking and Financial Services holds more in large companies: 78.2% of the fund in large caps against 61.6%.
- UTI - Banking and Financial Services is the larger fund: ₹1,339 Cr against ₹249 Cr.
- Their portfolios overlap 51.8%: 18 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bank of India Banking & Financial Services Fund | UTI - Banking and Financial Services Fund |
|---|---|---|
| Fund house | Bank of India Mutual Fund | UTI Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹249 Cr (30-09-2026) | ₹1,339 Cr (30-09-2026) |
| NAV | ₹8.96 (Direct) | ₹212.57 (Direct) |
| Expense ratio (Direct) | 1.68% | 1.45% |
| Expense ratio (Regular) | 2.77% | 2.38% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty Financial Services TRI |
| Launch date | 30-01-2026 | 07-04-2004 |
| Minimum investment | ₹5,000 | Regular Plan-Growth- Rs.5000, Regular Plan-Reinvestment of IDCW- Rs.5000, Regular Plan-Payout of IDCW- Rs.5000, Direct Plan-Growth- Rs.5000, Direct Plan-Reinvestment of IDCW- Rs.5000, Direct Plan-Payout of IDCW- Rs.5000, |
| Lock in | None | None |
| Fund managers | and for Direct Plan | Bhavesh Kanani FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. | 1.00% if redeemed before 30 days from the date of allotment. Nil if redeemed on or after 30 days from the date of allotment |
Bank of India Banking & Financial Services vs UTI - Banking and Financial Services: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Bank of India Banking & Financial Services Fund (Direct) | −2.71% | −8.29% | −6.76% | -- | -- | -- | -- |
| UTI - Banking and Financial Services Fund (Direct) | −1.86% | −5.50% | −1.11% | −5.38% | +11.97% | +9.64% | +10.17% |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | +13.76% |
Category average: the average of the 235 Thematic funds, same plan type.
Bank of India Banking & Financial Services vs UTI - Banking and Financial Services: Year-wise Returns
| Year | Bank of India Banking &Bank of India Banking & Financial Services | UTI - Banking andUTI - Banking and Financial Services | Nifty Financial Services TRI |
|---|---|---|---|
| 2026to date | -- | −6.40% | −9.69% |
| 2025 | -- | +17.53% | +18.60% |
| 2024 | -- | +12.26% | +10.52% |
| 2023 | -- | +20.81% | +14.31% |
| 2022 | -- | +16.45% | +10.47% |
| 2021 | -- | +15.53% | +14.55% |
Bank of India Banking & Financial Services vs UTI - Banking and Financial Services: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
Bank of India Banking & Financial Services vs UTI - Banking and Financial Services: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bank of India Banking & Financial Services Fund (Direct) | UTI - Banking and Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | −13.92% | +11.05% |
| Standard deviation | 17.87% | 21.17% |
| Sharpe ratio | -1.07 | 0.24 |
| Sortino ratio | -1.44 | 0.33 |
| Maximum drawdown | −14.3% (30-03-2026) | −49.0% (23-03-2020) |
| Beta | 0.86 | 0.97 |
| Alpha | −6.66% | −1.60% |
From daily NAVs, 02-02-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Bank of India Banking & Financial Services Fund (Direct)
UTI - Banking and Financial Services Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bank of India Banking & Financial Services Fund (Direct) | −14.3% | 26-02-2026 | 30-03-2026 | Not yet | -- | −12.8% |
| UTI - Banking and Financial Services Fund (Direct) | −16.5% | 23-02-2026 | 31-03-2026 | Not yet | -- | −10.1% |
| Nifty Financial Services TRI | −17.3% | 18-02-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 02-02-2026, the first day every fund has.
Bank of India Banking & Financial Services vs UTI - Banking and Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: Bank of India Banking & Financial Services Fund, September 2026; UTI - Banking and Financial Services Fund, September 2026
Holdings in common
- Overlap
- 51.8%
- Held by both
- 18
- Only in Bank of India Banking & Financial Services
- 17
- Only in UTI - Banking and Financial Services
- 19
| Security | % of Bank of India Banking & Financial Services | % of UTI - Banking and Financial Services |
|---|---|---|
| HDFC Bank Limited | 11.54% | 17.60% |
| ICICI Bank Limited | 10.41% | 10.37% |
| State Bank of India | 8.77% | 9.98% |
| Shriram Finance Limited | 4.83% | 4.61% |
| Kotak Mahindra Bank Limited | 3.08% | 9.89% |
| Bajaj Finance Limited | 2.47% | 5.07% |
| Axis Bank Limited | 2.39% | 9.93% |
| Ujjivan Small Finance Bank Limited | 1.62% | 3.93% |
| BSE Limited | 2.48% | 1.27% |
| Bank of Maharashtra | 2.06% | 1.10% |
| Multi Commodity Exchange of India Limited | 2.15% | 1.06% |
| Cholamandalam Investment and Finance Company Ltd | 1.31% | 1.01% |
| National Stock Exchange Of India Ltd | 1.08% | 0.65% |
| One 97 Communications Limited | 4.04% | 0.63% |
| CreditAccess Grameen Limited | 2.50% | 0.63% |
| ICICI Prudential Asset Management Company Limited | 3.60% | 0.47% |
| SBI Cards and Payment Services Limited | 0.10% | 0.43% |
| HDB Financial Services Limited | 1.86% | 0.03% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 51.8% means 51.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Bank of India Banking & Financial Services Fund
| Security | % of fund |
|---|---|
| Bank of Baroda | 3.56% |
| Indian Bank | 3.15% |
| City Union Bank Limited | 3.14% |
| HDFC Asset Management Company Limited | 2.96% |
| Computer Age Management Services Limited | 2.69% |
Largest holdings only in UTI - Banking and Financial Services Fund
| Security | % of fund |
|---|---|
| EQ - SBI LIFE INSURANCE COMPANY LTD | 3.89% |
| EQ - ICICI LOMBARD GENERAL INSURANC | 1.78% |
| EQ - AAVAS FINANCIERS LTD. | 1.76% |
| EQ - BAJAJ FINSERV LTD. | 1.50% |
| EQ - MAX FINANCIAL SERVICES LTD. | 1.19% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bank of India Banking & Financial Services | UTI - Banking and Financial Services |
|---|---|---|
| Equity | 95.1% | 98.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.9% | 1.3% |
Market cap of stocks
| Market cap | Bank of India Banking & Financial Services | UTI - Banking and Financial Services |
|---|---|---|
| Large Cap | 61.6% | 78.2% |
| Mid Cap | 12.5% | 9.9% |
| Small Cap | 19.9% | 10.0% |
| Not on AMFI's list | 1.1% | 0.7% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Bank of India Banking & Financial Services | UTI - Banking and Financial Services |
|---|---|---|
| Banks | 52.1% | 64.5% |
| Capital Markets | 20.8% | 4.7% |
| Finance | 15.9% | 18.0% |
| Insurance | 1.4% | 9.5% |
| Financial Technology (Fintech) | 4.9% | 1.5% |
| Not Applicable | 0.0% | 0.7% |
The six largest sectors of each fund's stocks, % of the fund.
Bank of India Banking & Financial Services vs UTI - Banking and Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bank of India Banking & Financial Services Fund | UTI - Banking and Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.68% | 1.45% |
| Base expense ratio (Direct) | 1.17% | 0.99% |
| Total expense ratio (Regular) | 2.77% | 2.38% |
| Base expense ratio (Regular) | 2.10% | 1.82% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Bank of India Banking & Financial Services with
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Compare UTI - Banking and Financial Services with
- UTI - Banking and Financial Services vs Nippon India Taiwan Equity
- UTI - Banking and Financial Services vs HDFC Defence
- UTI - Banking and Financial Services vs HDFC Pharma and Healthcare
- UTI - Banking and Financial Services vs SBI Healthcare Opportunities
- UTI - Banking and Financial Services vs Aditya Birla Sun Life International Equity
Bank of India Banking & Financial Services Fund vs UTI - Banking and Financial Services Fund: Frequently Asked Questions
What is the difference between Bank of India Banking & Financial Services Fund and UTI - Banking and Financial Services Fund?
Bank of India Banking & Financial Services Fund is a Thematic fund, UTI - Banking and Financial Services Fund is a Thematic fund, run by Bank of India Mutual Fund and UTI Mutual Fund. Their portfolios overlap 51.8%. Bank of India Banking & Financial Services Fund charges 1.68% a year and UTI - Banking and Financial Services Fund 1.45%.
Which has the lower expense ratio, Bank of India Banking & Financial Services Fund or UTI - Banking and Financial Services Fund?
UTI - Banking and Financial Services Fund charges less: 1.45% a year against 1.68%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bank of India Banking & Financial Services Fund and UTI - Banking and Financial Services Fund overlap?
51.8%. They hold 18 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Bank of India Banking & Financial Services Fund or UTI - Banking and Financial Services Fund?
On SEBI's riskometer, Bank of India Banking & Financial Services Fund is rated Very High and UTI - Banking and Financial Services Fund Very High. Over their common history, the standard deviation of daily returns was 17.87% and 21.17% a year.
Can I invest in both Bank of India Banking & Financial Services Fund and UTI - Banking and Financial Services Fund?
Yes. 51.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bank of India Banking & Financial Services Fund and UTI - Banking and Financial Services Fund?
Bank of India Banking & Financial Services Fund: and for Direct Plan. UTI - Banking and Financial Services Fund: Bhavesh Kanani FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.