HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal
HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal

HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal

Equity
Direct
Very High Risk
Sector - Financial Services

NAV: ₹ 10.5 as on 28-01-2022

About the Fund

HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal is an equity fund. This fund was started on  1 July, 2021. The fund is managed by Anand Laddha, Sankalp Baid. The fund could potentially beat inflation in the long-run.

Key parameters

1) HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal has a NAV of 10.485 as on 29-Jan-2022.

2) HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal has 2172 Cr worth of assets under management (AUM) as on 29-Jan-2022 and is more than category average.

3) The fund has an expense ratio 0.43 %.

Fund Overview

Expense ratio
Expense ratio
0.43%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹2172 Cr
Inception Date
Inception Date
1 July, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution

  • Equity 98.1%
  • Debt & Cash 1.9%
Size breakup
Large cap
82.2%
Mid cap
9.2%
Small cap
6.8%
Sector Allocation
Financial Services97.8%
Communication1.4%
Tech0.8%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings20
Equity Holdings20
Debt Holdings3
HDFC Bank Ltd
HDFC Bank Ltd
18.7%
ICICI Bank Ltd
ICICI Bank Ltd
17.1%
Housing Development Finance Corp Ltd
Housing Development Finance Corp Ltd
9.8%
State Bank of India
State Bank of India
9%
Axis Bank Ltd
Axis Bank Ltd
7.3%
SBI Life Insurance Company Limited
SBI Life Insurance Company Limited
3.7%
Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd
3.3%
IndusInd Bank Ltd
IndusInd Bank Ltd
2.7%

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 5.79% since inception which is less than its category average return of 11.93%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.13775% in Equity, 0% in Debt and 1.86225% in Cash related instruments
AUM size ₹2172 Cr

AUM size ₹2172 Cr

This fund has AUM of ₹2172 Cr which is more than its category average of ₹ 1236 Cr
Expense Ratio 0.43%

Expense Ratio 0.43%

This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 1.67%

AMC details

Fund House
HDFC Asset Management Company Limited
Email
cliser@hdfcfund.com
Phone
+912266316333
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,

Frequently Asked Questions

What are the average returns of HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal Fund ?

What is the current NAV of HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal Fund?

How do I invest in HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal Fund?

What is the expense ratio of HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal fund?

What is the worth of total assets under management (AUM) of HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal fund ?

What are the top holdings of HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal Fund?

What are the top sectors HDFC Banking & Financial Services Fund Direct Payout of Income Distribution cum capital withdrawal Fund has invested in?