HDFC Banking & Financial Services Fund Direct Growth

HDFC Banking & Financial Services Fund Direct Growth

Equity

Direct

Sector - Financial Services

NAV as on 18-03-2025

₹ 15.59

0.9%

1D

Inception Returns

12.4%

/yr

About HDFC Banking & Financial Services Fund Direct Growth

HDFC Banking & Financial Services Fund Direct Growth is an equity fund. This fund was started on 1 July, 2021. The fund is managed by Anand Laddha. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HDFC Banking & Financial Services Fund Direct Growth has ₹3478 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

HDFC Banking & Financial Services Fund Direct Growth has given a CAGR return of 12.38% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.46% and 14.52% respectively.

Holdings

HDFC Banking & Financial Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Tech. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India, Five-Star Business Finance Ltd

Taxation

As it is a sector - financial services mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of HDFC Banking & Financial Services Fund Direct Growth

To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in banking and financial services. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Banking & Financial Services Fund Direct Growth has no lock in period.

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
2010 people have invested ₹ 73.7L in HDFC Banking & Financial Services Fund Direct Growth in the last three months

INDmoney Rank for HDFC Banking & Financial Services Fund Direct Growth

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HDFC Banking & Financial Services Fund Direct Growth Overview

Expense ratio0.9%
Benchmark
S&P BSE BANKEX INR
AUM₹3478 Cr
Inception Date1 July, 2021
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
22.33%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (18-Mar-25)

Period
HDFC Banking & Financial Services Fund Direct Growth
Nifty 500
sector - financial services
1M
-0.9%
0.2%
-1.2%
3M
-9.1%
-9.9%
-9.5%
6M
-10.3%
-13.6%
-9.2%
1Y
7.5%
4.1%
4%
3Y
14.5%
12%
13.5%

Fund Distribution

as on (31-Jan-25)

  • Equity 99.2%

  • Debt & Cash 0.8%

Large cap
66.1%

Small cap
18.7%

Mid cap
14.4%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
98.5%
Health
1.1%
Tech
0.4%
All changes are between Nov'24 and Jan'25
Dec'24
Nov'24
Fund Returns
-1.07%
-0.31%
Nifty 500
-2.02%
-0.60%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 3.5K Cr
₹ 3.6K Cr
₹ 3.7K Cr
  • AUM of the fund stands at 3.5K Cr as of Feb'25
  • AUM decreased by 91.1 Cr between Feb'25 and Jan'25
Top Stocks bought last month
HDFC Life Insurance Co Ltd's allocation increased from 1.09% to 1.71%
HDFC Life Insurance Co Ltd's allocation increased from 1.09% to 1.71%
AU Small Finance Bank Ltd's allocation increased from 2.01% to 2.55%
AU Small Finance Bank Ltd's allocation increased from 2.01% to 2.55%
Bajaj Finance Ltd's allocation increased from 2.33% to 2.76%
Bajaj Finance Ltd's allocation increased from 2.33% to 2.76%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 21.65 % to 21.25 %
HDFC Bank Ltd's allocation decreased from 21.65 % to 21.25 %
Axis Bank Ltd's allocation decreased from 6.51 % to 6.18 %
Axis Bank Ltd's allocation decreased from 6.51 % to 6.18 %
State Bank of India's allocation decreased from 6.09 % to 6.06 %
State Bank of India's allocation decreased from 6.09 % to 6.06 %
Small Cap allocation has gone down from 20% to 18.7%
Small Cap allocation has gone down from 20% to 18.7%
Mid Cap allocation has gone up from 13.8% to 14.4%
Mid Cap allocation has gone up from 13.8% to 14.4%
Large Cap allocation has gone up from 65.1% to 66.1%
Large Cap allocation has gone up from 65.1% to 66.1%
Cash allocation has gone down from 1.1% to 0.8%
Cash allocation has gone down from 1.1% to 0.8%

Top 3 Sectors in February were Financial Services, Health & Tech

Feb'25
Financial Services
99%
Health
1%
Jan'25
Financial Services
98%
Health
1%
Tech
  • Gainers

  • Losers

Top Growth Drivers
1M Return
Shriram Finance Ltd
Shriram Finance Ltd
12.6%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
34
36
35
Top 5 Company Concentration
55%
55.6%
55.2%
Company having highest exposure
HDFC Bank Ltd (21.2%)
HDFC Bank Ltd (21.6%)
HDFC Bank Ltd (21.2%)
No of Sectors
3
3
2
Top 5 Sectors Concentration
100%
100%
100%
Sector having highest exposure
Financial Services (98.1%)
Financial Services (97.9%)
Financial Services (98.6%)
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Anand Laddha
Anand Laddha
Fund Manager of HDFC Banking & Financial Services Fund Direct Growth, since 1 July 2021
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HDFC Value Fund -Direct Plan - Growth Option
15.33%
15.36%
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.12L Cr
as on 31-Jan-2025
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com

HDFC Banking & Financial Services Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 12.38% since inception which is more than its category average return of 11.16%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.24% in Equity, 0% in Debt and 0.76% in Cash related instruments
AUM size ₹3478 Cr

AUM size ₹3478 Cr

This fund has AUM of ₹3478 Cr which is more than its category average of ₹ 1792 Cr
Expense Ratio 0.9%

Expense Ratio 0.9%

This fund has an expense ratio of 0.9% which is less than its category average expense ratio of 1.27%

Frequently Asked Questions for HDFC Banking & Financial Services Fund Direct Growth

The current NAV of HDFC Banking & Financial Services Fund Direct Growth is ₹15.59 as on 18-Mar-2025.
Existing (Absolute + CAGR) as on 18-Mar-2025.
HDFC Banking & Financial Services Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.93%
-0.93%
6 Month Returns
-10.33%
-10.33%
1 Year Returns
7.46%
7.46%
3 Years Returns
50.2%
14.52%
5 Years Returns
0%
0%
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0.9% as on February 2025
₹3478 Cr as on February 2025
HDFC Bank Ltd(22.24%), ICICI Bank Ltd(17.67%), Axis Bank Ltd(6.53%), State Bank of India(5.54%), Five-Star Business Finance Ltd(3.54%) as on February 2025
Financial Services(97.78%), Health(1.1%), Tech(0.36%) as on February 2025
The alpha ratio for the HDFC Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HDFC Banking & Financial Services Fund Direct Growth
-8.36
3.43
-
As on February 2025
The alpha for HDFC Banking & Financial Services Fund Direct Growth is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HDFC Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HDFC Banking & Financial Services Fund Direct Growth
1.12
0.94
-
As on February 2025
The Beta for HDFC Banking & Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HDFC Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HDFC Banking & Financial Services Fund Direct Growth
-0.05
0.64
-
As on February 2025
The sharpe ratio for HDFC Banking & Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HDFC Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HDFC Banking & Financial Services Fund Direct Growth
12.62
14.03
-
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.26 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.71 as on February 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Anand Laddha is the fund manager of HDFC Banking & Financial Services Fund Direct Growth
The Exit load of HDFC Banking & Financial Services Fund Direct Growth is 1%