HDFC Banking & Financial Services Fund Direct Growth

HDFC Banking & Financial Services Fund Direct Growth

Equity

HDFC Mutual Fund

Sector - Financial Services

Get the latest NAV of HDFC Banking & Financial Services Fund Direct Growth. 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.

₹17.44

▼-0.5%1D

NAV as on 13 May 2025

15.73%/per year

Since Inception

Absolute Gain%

▲▼

1797 people have invested ₹ 1Cr in HDFC Banking & Financial Services Fund Direct Growth 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 (13-May-25)

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

Period
This Fund
Nifty 500
Category Avg
1 Month
8.36%
7.69%
7.24%
3 Months
11.86%
6.91%
10.79%
6 Months
9.5%
1.98%
8.14%
1 Year
17.29%
8.96%
13.8%
3 Years
23.9%
18.38%
22.33%

INDmoney Rank

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IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
HDFC Banking & Financial Services Fund
6/11
3,722Cr
1.04%
17.29%
23.9%
15.73%
Tata Banking & Financial Services Fund Direct Growth
1/11
2,752Cr
0.5%
22.19%
25.64%
18.37%
Nippon India Banking & Financial Services Fund Direct Growth
2/11
6,967Cr
1.03%
18.49%
24.94%
14.68%
SBI Banking & Financial Services Fund Direct Growth
3/11
7,650Cr
0.75%
20.38%
24.42%
15.87%
See all
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Among most bought funds within the category
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No bad points found for this fund.

HDFC Banking & Financial Services Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

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Profit

Total Corpus

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Absolute Return
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HDFC Banking & Financial Services Fund Asset Allocation

See fund asset allocation details as on (15-Apr-25)

Fund Distribution

as on (15-Apr-25)

Equity 97.6%

Debt & Cash 2.4%

Large cap
66.8%
Small cap
17.2%
Mid cap
13.6%
Mid Cap allocation has gone down from 14.4% to 13.2%
Mid Cap allocation has gone down from 14.4% to 13.2%
Large Cap allocation has gone up from 66.1% to 67.4%
Large Cap allocation has gone up from 66.1% to 67.4%
Small Cap allocation has gone down from 18.7% to 16.4%
Small Cap allocation has gone down from 18.7% to 16.4%
Cash allocation has gone up from 0.8% to 3%
Cash allocation has gone up from 0.8% to 3%

HDFC Banking & Financial Services Fund Sector Allocation

See fund sector allocation details as on (15-Apr-25)

Sector Allocation

Equity 97.6%

Debt & Cash 2.4%

Financial Services
98.2%
Health
1.5%
Tech
0.3%

Top 2 Sectors in March were Financial Services, Health

Mar'25

Financial Services

99%

Health

1%

Feb'25

Financial Services

99%

Health

1%

HDFC Banking & Financial Services Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
21.43%
0%
ICICI Bank Ltd
18.17%
0%
Axis Bank Ltd
7.79%
0%
State Bank of India
5.51%
0%
AU Small Finance Bank Ltd
3.48%
9.9%
See all
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 17.67% to 18.49%
ICICI Bank Ltd's allocation increased from 17.67% to 18.49%
Shriram Finance Ltd's allocation increased from 1.47% to 1.89%
Shriram Finance Ltd's allocation increased from 1.47% to 1.89%
State Bank of India's allocation increased from 5.54% to 5.8%
State Bank of India's allocation increased from 5.54% to 5.8%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 22.24 % to 21.93 %
HDFC Bank Ltd's allocation decreased from 22.24 % to 21.93 %
Five-Star Business Finance Ltd's allocation decreased from 3.54 % to 3.15 %
Five-Star Business Finance Ltd's allocation decreased from 3.54 % to 3.15 %
Bajaj Finance Ltd's allocation decreased from 3.07 % to 3 %
Bajaj Finance Ltd's allocation decreased from 3.07 % to 3 %

HDFC Banking & Financial Services Fund Direct Growth Overview

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

Expense ratio1.04%
Benchmark
Nifty Financial Services TR INR
AUM₹3722 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

About HDFC Banking & Financial Services Fund

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 ₹3722 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 1.

Returns

HDFC Banking & Financial Services Fund Direct Growth has given a CAGR return of 15.73% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 17.29% and 23.90% 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, AU Small Finance Bank 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.

Fund Manager

Anand Laddha

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

Learn more about HDFC Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 3.7K Cr
₹ 3.5K Cr
₹ 3.6K Cr
  • AUM of the fund stands at 3.7K Cr as of Mar'25
  • AUM increased by 244.1 Cr between Mar'25 and Feb'25

Compare HDFC Banking & Financial Services Fund

HDFC Banking & Financial Services Fund

VS

ICICI Prudential Banking and Financial Services Fund Direct Growth

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

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

The current NAV of HDFC Banking & Financial Services Fund Direct Growth is ₹17.44 as on 13-May-2025.

What are the average returns of HDFC Banking & Financial Services Fund Direct Growth?

Existing (Absolute + CAGR) as on 13-May-2025.
HDFC Banking & Financial Services Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.36%
8.36%
6 Month Returns
9.5%
9.5%
1 Year Returns
17.29%
17.29%
3 Years Returns
90.2%
23.9%

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

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of HDFC Banking & Financial Services Fund Direct Growth?

1.04% as on April 2025

What is net assets under management (AUM) of HDFC Banking & Financial Services Fund Direct Growth?

₹3722 Cr as on April 2025

What are the top 5 holdings of HDFC Banking & Financial Services Fund Direct Growth?

HDFC Bank Ltd(21.43%), ICICI Bank Ltd(18.17%), Axis Bank Ltd(7.79%), State Bank of India(5.51%), AU Small Finance Bank Ltd(3.48%) as on April 2025

What are the top 3 sectors that this HDFC Banking & Financial Services Fund Direct Growth has invested in?

Financial Services(96.41%), Health(0.95%), Tech(0.29%) as on April 2025

What is the alpha of HDFC Banking & Financial Services Fund Direct Growth?

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
-6.98
3.12
-
As on April 2025
The alpha for HDFC Banking & Financial Services Fund Direct Growth is calculated against Nifty Financial Services TR 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%.

What is the beta of HDFC Banking & Financial Services Fund Direct Growth??

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
1.01
0.93
-
As on April 2025
The Beta for HDFC Banking & Financial Services Fund Direct Growth is calculated with Nifty Financial Services TR 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.

What is the sharpe ratio of HDFC Banking & Financial Services Fund Direct Growth?

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
0.44
0.9
-
As on April 2025
The sharpe ratio for HDFC Banking & Financial Services Fund Direct Growth is calculated with Nifty Financial Services TR 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.

What is the standard deviation of HDFC Banking & Financial Services Fund Direct Growth?

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
14.03
14.53
-
As on April 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.

What is the Sortino ratio of HDFC Banking & Financial Services Fund Direct Growth?

Sortino ratio is 1.86 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of HDFC Banking & Financial Services Fund Direct Growth?

Information ratio is 0.53 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

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

Anand Laddha is the fund manager of HDFC Banking & Financial Services Fund Direct Growth

What is the exit load of HDFC Banking & Financial Services Fund Direct Growth?

The Exit load of HDFC Banking & Financial Services Fund Direct Growth is 1%