- Mutual Funds
- HDFC Mutual Funds
- HDFC Banking & Financial Services Fund (RIDCW-A)
HDFC Banking & Financial Services Fund (RIDCW-A)
₹ 13.243
NAV (Apr 18)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 13.243
NAV (Apr 18)
Fund Returns
Last 1Y | 17.7% |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 11.2% |
6 Month CAGR | 4.1% |
Scheme Information
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.
Expense Ratio | 1.93 |
Launched (3y ago) | Jul 01, 2021 |
AUM in Crores | 3178.360 |
ISIN | INF179KC1BL0 |
Lock-in | No Lock-in |
Benchmark | Nifty Financial Services TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0 |
Sharpe Ratio (5yr) | 0 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| HDFC Banking & Financial Services Fund (RIDCW-A) | 11,43,526 | 4,10,914 | 17.7% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
hdfc bank ltd
20.5%icici bank ltd
17.7%axis bank ltd
7.1%state bank of india
6.6%indusind bank ltd
3.8%Allocation by Sector
financial services
97.4%healthcare
0.7%technology
0.6%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 14,075 cr | ||
₹ 17,313 cr | ||
₹ 21,475 cr | ||
₹ 41,281 cr | ||
₹ 60,559 cr |
About the AMC
HDFC Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
26.4% | 13% | ||
14.5% | 6.7% | ||
6% | 7.8% | ||
5.1% | 5.9% | ||
6.6% | 6% |
HDFC Banking & Financial Services Fund (RIDCW-A) Review
HDFC Banking & Financial Services Fund (RIDCW-A) is a Sectoral/ Thematic Equity fund and has delivered an annualised return of 11.2% over a period of 2 years. The fund is managed by HDFC Asset Management Co Ltd. The fund managers are Anand Laddha, Dhruv Muchhal.
Nav of HDFC Banking & Financial Services Fund (RIDCW-A) as of 4/18/2024 is ₹13.24 with the total AUM as of 4/18/2024 is ₹3178.36. With Scripbox you can compare and check the latest nav for all mutual funds in India. HDFC Banking & Financial Services Fund (RIDCW-A) was launched on Jul 01, 2021. The category risk of the fund is Very High Risk.
The minimum SIP amount for HDFC Banking & Financial Services Fund (RIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
HDFC Banking & Financial Services Fund (RIDCW-A) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Financial Services TR INR.
HDFC Banking & Financial Services Fund (RIDCW-A) is rated as a 0 fund in Equity and delivered 17.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with HDFC Banking & Financial Services Fund (RIDCW-A).
Frequently Asked Questions
What is HDFC Banking & Financial Services Fund (RIDCW-A)?
How to invest in HDFC Banking & Financial Services Fund (RIDCW-A)?
You can invest in HDFC Banking & Financial Services Fund (RIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of HDFC Banking & Financial Services Fund (RIDCW-A)?
The minimum sip amount for HDFC Banking & Financial Services Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is HDFC Banking & Financial Services Fund (RIDCW-A) good to invest in?
As per Scripbox experts, HDFC Banking & Financial Services Fund (RIDCW-A) is a Not Reviewed Yet fund. You can investHDFC Banking & Financial Services Fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the HDFC Banking & Financial Services Fund (RIDCW-A)?
The expense ratio of the HDFC Banking & Financial Services Fund (RIDCW-A) is 1.93% for regular plan.