HDFC Banking & Financial Services Fund

HDFC Banking & Financial Services Fund

Equity

HDFC Mutual Fund

Sector - Financial Services

Get the latest NAV of HDFC Banking & Financial Services Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹17.76

▲1.2%1D

NAV as on 16 Mar 2026

13.19%/per year

Since Inception

Absolute Gain%

▲▼

2641 people have invested ₹ 1.4Cr in HDFC Banking & Financial Services Fund in the last three months

HDFC Banking & Financial Services Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (16-Mar-26)

The fund has outperformed the benchmark (Nifty 500) over 1Y, 3Y, but underperformed over 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-10.16%
-6.75%
-0.59%
17.21%
17.51%
--
Nifty 500
-8.87%
-9.24%
-8.46%
6.02%
14.29%
11.32%
Sector - Financial Services Avg
-9.73%
-7.65%
0.11%
16.77%
15%
11.78%
Best in Sector - Financial Services
-7.49%
-5.65%
0.87%
28.99%
21.93%
15.17%
Worst in Sector - Financial Services
-11.1%
-11.47%
-7.61%
6.92%
8.82%
9.77%
Category Rank
6/11
6/11
7/11
4/11
--
--

HDFC Banking & Financial Services Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

7
/12
56% Performance
37% Risk Management
59% Cost

Ranked 7 out of 12 mutual funds in the sector - financial services category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
HDFC Banking & Financial Services Fund
7/12
4,510Cr
0.8%
17.21%
17.51%
3.39
0.93
1.07
2.17
0.59
SBI Banking & Financial Services Fund
1/12
10,725Cr
0.72%
18.23%
22.09%
7.88
0.83
1.49
3.27
1.31
Mirae Asset Banking and Financial Services Fund
2/12
2,272Cr
0.57%
19.35%
19.46%
4.48
0.97
1.14
2.48
0.88
Invesco India Financial Services Fund
3/12
1,650Cr
0.79%
20.53%
22.96%
8.25
0.82
1.39
2.73
1.03
See all
Positive: Hold on while we find any good points for this fund.
Hold on while we find any good points for this fund.
Negative: Higher probablity of downside risk
Higher probablity of downside risk

HDFC Banking & Financial Services Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
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HDFC Banking & Financial Services Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Large cap
70.5%
Small cap
16.1%
Mid cap
11.6%
Small Cap allocation has gone up from 15.4% to 16.1%
Small Cap allocation has gone up from 15.4% to 16.1%
Mid Cap allocation has gone up from 11.4% to 11.6%
Mid Cap allocation has gone up from 11.4% to 11.6%
Large Cap allocation has gone down from 72.6% to 70.5%
Large Cap allocation has gone down from 72.6% to 70.5%
Cash allocation has gone up from 0.6% to 1.8%
Cash allocation has gone up from 0.6% to 1.8%

HDFC Banking & Financial Services Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Financial Services
98.3%
Health
1.1%
Tech
0.6%

Top 2 Sectors in February were Financial Services, Health

Feb'26

Financial Services

99%

Health

Jan'26

Financial Services

99%

Health

HDFC Banking & Financial Services Fund Holdings Details

as on (28-Feb-26)

Holdings
Weight%
1M Change
HDFC Bank Ltd
16.63%
-7.1%
ICICI Bank Ltd
13.99%
-8.5%
Axis Bank Ltd
8.71%
0%
Kotak Mahindra Bank Ltd
8.13%
0%
State Bank of India
7.46%
0%
See all
Top Stocks bought last month
Shriram Finance Ltd's allocation increased from 1.47% to 4.89%
Shriram Finance Ltd's allocation increased from 1.47% to 4.89%
State Bank of India's allocation increased from 6.72% to 7.46%
State Bank of India's allocation increased from 6.72% to 7.46%
Multi Commodity Exchange of India Ltd's allocation increased from 0.28% to 0.7%
Multi Commodity Exchange of India Ltd's allocation increased from 0.28% to 0.7%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 18.85 % to 16.63 %
HDFC Bank Ltd's allocation decreased from 18.85 % to 16.63 %
ICICI Bank Ltd's allocation decreased from 15.1 % to 13.99 %
ICICI Bank Ltd's allocation decreased from 15.1 % to 13.99 %
Kotak Mahindra Bank Ltd's allocation decreased from 8.27 % to 8.13 %
Kotak Mahindra Bank Ltd's allocation decreased from 8.27 % to 8.13 %

HDFC Banking & Financial Services Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.8%
Benchmark
Nifty Financial Services TR INR
AUM₹4510 Cr
Inception Date1 July, 2021
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
18.5%
Risk
Risk meter
pointer
Very High Risk

About HDFC Banking & Financial Services Fund

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

Key Parameters

  1. HDFC Banking & Financial Services Fund has ₹4510 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

HDFC Banking & Financial Services Fund has given a CAGR return of 13.19% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 17.21% and 17.51% respectively.

Holdings

HDFC Banking & Financial Services Fund 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, Kotak Mahindra Bank Ltd, State Bank of India

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

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 has no lock in period.

Fund Manager

Dhruv Muchhal

Fund Manager of HDFC Banking & Financial Services Fund, since 22 June 2023

Anand Laddha

Fund Manager of HDFC Banking & Financial Services Fund, since 1 July 2021

Learn more about HDFC Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 4.5K Cr
₹ 4.5K Cr
₹ 4.5K Cr
  • AUM of the fund stands at 4.5K Cr as of Feb'26
  • AUM increased by 24.1 Cr between Feb'26 and Jan'26

Compare HDFC Banking & Financial Services Fund

HDFC Banking & Financial Services Fund

VS

ICICI Prudential Banking and Financial Services Fund

Frequently Asked Questions for HDFC Banking & Financial Services Fund

How do I invest in HDFC Banking & Financial Services Fund?

INDmoney makes it simple to invest in the HDFC Banking & Financial Services Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘HDFC Banking & Financial Services Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of HDFC Banking & Financial Services Fund?

The NAV of the fund today is ₹17.76. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

HDFC Banking & Financial Services Fund fund has generated a return of 17.21% in 1 year, 17.51% in 3 years

Who is the fund manager of HDFC Banking & Financial Services Fund?

The fund managers are Dhruv Muchhal, Anand Laddha.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-30 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.80%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹4510 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of HDFC Banking & Financial Services Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(16.63%), ICICI Bank Ltd(13.99%), Axis Bank Ltd(8.71%)