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Unrated

HDFC Banking & Financial Services Fund - Direct Plan download report


1 Lakh

Investment declined to
₹ 0.95 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.08 Lakh

Suitability:

This is a fund that invests mainly in shares of banks and financial services companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
HDFC Banking & Financial Services Fund Direct-G -7.97 0.76 0.44 -4.74 -10.04 -7.97 -5.50 -- -- -- --
S&P BSE Bankex TRI -3.93 0.39 -0.20 -5.95 -8.87 -3.93 -1.04 -- -- -- --
Equity: Sectoral-Banking -7.43 0.73 0.22 -5.24 -9.61 -7.43 -4.66 -- -- -- --
Rank within category 10 11 6 4 13 10 11 -- -- -- --
Number of funds in category 16 18 18 18 18 16 15 12 11 10 0

As on 01-Jul-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Banking & Financial Services Fund - Direct Plan  | Invest Online
Unrated
Jun-21 -5.50 -- -- 0.46% 2,287
SBI Banking & Financial Services Fund - Direct Plan
5 star
Feb-15 -5.35 6.54 11.20 0.80% 3,237
Tata Banking and Financial Services Fund - Direct Plan  | Invest Online
4 star
Dec-15 -7.08 5.08 8.45 0.68% 962
Sundaram Financial Services Opportunities Fund - Direct Plan
4 star
Jan-13 -3.13 6.98 8.53 1.18% 513
Invesco India Financial Services Fund - Direct Plan  | Invest Online
4 star
Jan-13 -6.72 4.95 8.30 1.23% 410

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.35 28-Mar-2022 - 04-Apr-2022 -8.17 28-Feb-2022 - 07-Mar-2022
Month 15.23 07-Mar-2022 - 06-Apr-2022 -14.57 04-Feb-2022 - 07-Mar-2022
Quarter 15.94 27-Jul-2021 - 26-Oct-2021 -14.03 10-Feb-2022 - 12-May-2022
Year -5.50 01-Jul-2021 - 01-Jul-2022 -5.50 01-Jul-2021 - 01-Jul-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
HDFC Banking & Financial Services Fund Direct-G -- -- -- -- -- --
S&P BSE Bankex TRI* 9.20 32.84 0.17 0.22 -- --
Equity: Sectoral-Banking* 8.95 30.41 0.18 0.21 0.91 0.27
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Jun-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 30
Top 10 Stocks (%) 76.00
Top 5 Stocks (%) 63.04
Top 3 Sectors (%) 96.20
Portfolio P/B Ratio 2.14
Portfolio P/E Ratio 15.96

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,21,940 2,55,966
Giant (%) 70.17 73.45
Large (%) 14.27 12.30
Mid (%) 12.13 11.83
Small (%) 3.43 4.70
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 19.76 19.58 18.26 19.13
equal ICICI Bank Financial 19.50 17.80 15.95 17.80
up HDFC Financial 17.71 11.83 8.86 10.08
equal State Bank of India Financial 11.78 10.14 8.70 8.78
equal Axis Bank Financial 14.01 8.58 7.07 7.25
equal SBI Life Insurance Company Insurance 73.06 3.71 2.73 3.71
equal Indusind Bank Financial 13.03 3.09 2.25 2.91
equal ICICI Lombard General Insurance Company Insurance 44.12 2.68 2.25 2.25
equal Kotak Mahindra Bank Financial 27.54 3.91 2.08 2.12
equal SBI Cards & Payments Services Financial 45.08 2.37 1.97 1.97
equal Bajaj Finance Financial 48.37 2.36 1.57 1.78
equal Bank of Baroda Financial 6.38 1.99 1.09 1.75
equal PB Fintech Services -- 1.73 0.00 1.60
equal Shriram Transport Finance Company Financial 12.58 1.64 1.20 1.58
equal AU Small Finance Bank Financial 32.26 1.55 0.00 1.38
down The Federal Bank Financial 10.00 1.68 1.20 1.21
new ICICI Prudential Life Insurance Co. Ltd. Insurance -- 1.14 0.00 1.14
down IIFL Wealth Management Financial 23.70 1.47 0.70 1.12
equal Can Fin Homes Financial 12.42 1.36 0.00 1.10
equal Cholamandalam Financial Holdings Financial 11.13 1.05 0.94 0.95
equal UTI Asset Management Co. Financial 15.11 1.46 0.93 0.93
equal Power Finance Corporation Financial 2.00 1.18 0.88 0.88
equal REC Financial 2.47 1.16 0.79 0.79
up Sundaram Finance Financial 16.86 0.89 0.00 0.78
equal LIC Housing Fin. Financial 8.10 1.07 0.72 0.76

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— Anand Laddha since 11-Jun-2021

Education: Mr. Laddha has done B.Com. and CA

Experience: Prior to joining HDFC Asset Management Company Limited, he has worked with Refco-Sify Securities India Pvt. Ltd. Last Position Held - AVP - FII Equity & Derivative Sales. Alchemy Share & Stock Brokers Pvt. Ltd. Last Position Held - Equity & Derivative Sales.


0.76%

Change from previous, NAV as on 01-Jul-2022

Growth: ₹ 9.3660

IDCW: ₹ 9.3660


Investment Strategy

The scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in banking and financial services.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 30-Jun-2021
Return Since Launch: -6.32%
Benchmark: NIFTY Financial Services TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,287 Cr (As on 31-May-2022)
Expense: 0.46% (As on 31-May-2022)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: HDFC Asset Management Company Ltd

Address: Ground Floor, Mafatlal House, H.T Parekh Marg Backbay Reclamation Churchgate Mumbai - 400020

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 022-22821144

Website: http://www.hdfcfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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