The UTI Nifty Bank ETF, trading under the ticker IN:UTIBANKETF, is a meticulously designed exchange-traded fund that offers investors targeted exposure to the dynamic financial sector, specifically honing in on the banks niche. This ETF is an ideal choice for those seeking to capitalize on the robust growth prospects and evolving dynamics of the banking industry, which is a cornerstone of the financial services landscape.
As a sector-focused fund, the UTI Nifty Bank ETF provides a concentrated investment strategy that mirrors the performance of the Nifty Bank Index, a benchmark that encapsulates the performance of leading banking institutions. This ETF is particularly appealing for investors who are keen on leveraging market movements within the banking sector, offering potential for both capital appreciation and dividend income.
The UTI Nifty Bank ETF stands out for its strategic emphasis on a pivotal segment of the economy, banking, which plays a critical role in facilitating economic development through credit expansion, financial intermediation, and service innovation. By investing in this ETF, stakeholders gain exposure to a diversified portfolio of prominent banks, each selected for their market relevance, financial strength, and growth potential.
Whether you are an investor looking to enhance your portfolio with sector-specific exposure or seeking to hedge against broader market fluctuations with a focused approach, the UTI Nifty Bank ETF presents a compelling opportunity to engage with one of the most influential sectors in the financial domain.
UTI Nifty Bank ETF (UTIBANKETF) Fund Flow Chart
UTI Nifty Bank ETF (UTIBANKETF) 1 year Net Flows: 932M
UTIBANKETF ETF FAQ
What was IN:UTIBANKETF’s price range in the past 12 months?
IN:UTIBANKETF lowest ETF price was 46.30 and its highest was 57.70 in the past 12 months.
What is the AUM of IN:UTIBANKETF?
As of Feb 19, 2025 The AUM of IN:UTIBANKETF is 32.24B.
Is IN:UTIBANKETF overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does IN:UTIBANKETF pay dividends?
IN:UTIBANKETF does not currently pay dividends.
How many shares outstanding does IN:UTIBANKETF have?
Currently, no data Available
Which hedge fund is a major shareholder of IN:UTIBANKETF?
Currently, no hedge funds are holding shares in IN:UTIBANKETF