HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl
HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl

HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl

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Equity
Direct
Sector - Financial Services

NAV: ₹ 12 as on 08-12-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
This Fund
5.8%
8.1%
25.2%
12.4%
Benchmark
2.7%
14.2%
5.2%
17.9%
Category
3.7%
9.8%
25%
17.8%
About the Fund

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

Key parameters

1) HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl has a NAV of 12.035 as on 08-12-2022.

2) HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl has 2582 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.

3) The fund has an expense ratio 0.5 %.

Fund Overview

Expense ratio
Expense ratio
0.5%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹2582 Cr
Inception Date
Inception Date
1 July, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
8.6%

Fund Distribution

  • Equity 98%
  • Debt & Cash 2%
Size breakup
Large cap
82.7%
Mid cap
8.4%
Small cap
6.9%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

100%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings31
Equity Holdings28
Debt Holdings3

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 119.3 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 2.6K Cr
Sep'22
₹ 2.5K Cr
Aug'22
₹ 2.6K Cr

Fund Returns vs Benchmark

Oct'22
5.97%
5.37%
Sep'22
-3.32%
-2.51%
Aug'22
4.81%
3.22%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
31
30
30
Top 5 Company Concentration
66.8%
65.1%
65.9%
Company having highest exposure
ICICI Bank Ltd (19.1%)
ICICI Bank Ltd (19.1%)
ICICI Bank Ltd (19.4%)
No of Sectors
2
2
2
Top 5 Sectors Concentration
100%
100%
100%
Sector having highest exposure
Financial Services (98%)
Financial Services (98.4%)
Financial Services (99.3%)

Fund Manager

Anand Laddha

Anand Laddha

Managing this fund since 1 July 2021
Priya Ranjan

Priya Ranjan

Managing this fund since 1 May 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HDFC Flexi Cap Fund -Direct Plan - Growth Option
22.26%
17.7%
HDFC Balanced Advantage Fund Direct Plan Growth Option
19.35%
11.78%
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option
26.62%
24.32%

AMC details

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

Fund Highlights

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 14.46% since inception which is less than its category average return of 29.67%
Fund Allocations

Fund Allocations

This fund has an allocation of 98% in Equity, 0% in Debt and 2% in Cash related instruments
AUM size ₹2582 Cr

AUM size ₹2582 Cr

This fund has AUM of ₹2582 Cr which is more than its category average of ₹ 1464 Cr
Expense Ratio 0.5%

Expense Ratio 0.5%

This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.6%

Frequently Asked Questions

The current NAV of HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl is 11.91.
Existing (Absolute + CAGR)
HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl
Absolute Returns
CAGR Returns
1 Month Returns
4.73%
4.73%
6 Month Returns
23.79%
23.79%
1 Year Returns
13.12%
13.12%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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0.5 as on November 2022
2582 Cr as on November 2022
ICICI Bank Ltd(19.07%),HDFC Bank Ltd(17.97%),Housing Development Finance Corp Ltd(10.81%),Axis Bank Ltd(9.91%),State Bank of India(9%) as on November 2022
The alpha ratio for the HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl
3.6
-
-
As on month end.
The alpha for HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl 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 Reinvestment of Income Distribution cum capital wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl
1
-
-
As on month end.
The Beta for HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl 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 Reinvestment of Income Distribution cum capital wdrl 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 Reinvestment of Income Distribution cum capital wdrl
0.6
-
-
As on month end.
The sharpe ratio for HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl 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 Reinvestment of Income Distribution cum capital wdrl 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 Reinvestment of Income Distribution cum capital wdrl
19.01
-
-
As on month end.
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.
Anand Laddha,Priya Ranjan are the fund managers of HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl
The Exit load of HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl is 1%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.