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: ₹ 14.53 as on 24-05-2024

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 . 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 ₹3370 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.
Fund Performance

Overview

Expense ratio
Expense ratio
0.55%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹3370 Cr
Inception Date
Inception Date
1 July, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
23.85%

HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl Distribution as on (30-Apr-24)

  • Equity 99.6%

  • Debt & Cash 0.4%

Size breakup

Large cap
67%
Small cap
18%
Mid cap
13.7%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
98.7%
Tech
0.7%
Health
0.6%

Top Holdings of HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl as on (30-Apr-24)

  • Equity

Equity Holdings33

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
6.34%
-5.22%
0.44%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 6.34% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 3.88% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 3.4K Cr
₹ 3.2K Cr
₹ 3.2K Cr
  • AUM of the fund stands at 3.4K Cr as of Apr'24
  • AUM increased by 189.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl 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 14.12% since inception which is less than its category average return of 16.37%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.65% in Equity, 0% in Debt and 0.35% in Cash related instruments
AUM size ₹3370 Cr

AUM size ₹3370 Cr

This fund has AUM of ₹3370 Cr which is more than its category average of ₹ 1625 Cr
Expense Ratio 0.55%

Expense Ratio 0.55%

This fund has an expense ratio of 0.55% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl is ₹14.53 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl
Absolute Returns
CAGR Returns
1 Month Returns
2.21%
2.21%
6 Month Returns
7.07%
7.07%
1 Year Returns
19.13%
19.13%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.55% as on April 2024
₹3370 Cr as on April 2024
HDFC Bank Ltd(20.25%), ICICI Bank Ltd(17.6%), Axis Bank Ltd(7.44%), State Bank of India(6.87%), IndusInd Bank Ltd(3.46%) as on April 2024
Financial Services(98.36%), Tech(0.66%), Health(0.63%) as on April 2024
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
8.97
-
-
As on April 2024
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
0.73
-
-
As on April 2024
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
1.13
-
-
As on April 2024
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
13.11
-
-
As on April 2024
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.
The Exit load of HDFC Banking & Financial Services Fund Direct Reinvestment of Income Distribution cum capital wdrl is 1%