Question 1

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

Accepted Answer

The current Net Asset Value (NAV) of the HDFC Banking & Financial Services Fund - Direct Growth plan is approximately ₹18.676 as of Oct 20, 2025.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The HDFC Banking & Financial Services Fund Direct - Growth is a 4 yrs 4 m old fund and has delivered average annual returns of 15.9% since inception.

HDFC Banking & Financial Services Fund Direct - Growth Returns

1-Year	3-Year	Since Inception
14.54%	18.91%	15.9%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The HDFC Banking & Financial Services Fund - Direct Growth has an expense ratio of 0.77%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The HDFC Banking & Financial Services Fund currently has assets under management (AUM) or fund size valued at approximately 4,135 Cr as on Sep 30, 2025.

Question 5

What are the top stock holdings of HDFC Banking & Financial Services Fund?

Accepted Answer

The HDFC Banking & Financial Services Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	20.47%
ICICI Bank Ltd.	16.81%
Axis Bank Ltd.	7.63%
Kotak Mahindra Bank Ltd.	6.37%
State Bank of India	5.91%
AU Small Finance Bank Ltd.	3.8%
Bajaj Finance Ltd.	3.44%
SBI Life Insurance Company Ltd.	2.99%
Shriram Finance Ltd	2.66%
Karur Vysya Bank Ltd.	2.25%

Question 6

What are the top sectors HDFC Banking & Financial Services Fund has invested in?

Accepted Answer

The HDFC Banking & Financial Services Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
HDFC Bank Ltd.	20.47%
ICICI Bank Ltd.	16.81%
Axis Bank Ltd.	7.63%
Kotak Mahindra Bank Ltd.	6.37%
State Bank of India	5.91%
AU Small Finance Bank Ltd.	3.8%
Bajaj Finance Ltd.	3.44%
SBI Life Insurance Company Ltd.	2.99%
Shriram Finance Ltd	2.66%
Karur Vysya Bank Ltd.	2.25%

Question 7

What is risk level of HDFC Banking & Financial Services Fund?

Accepted Answer

This is a Sectoral-banking fund comes with Very High risk.

Question 8

Is there any lock-in period in this mutual fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 9

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

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HDFC Banking & Financial Services Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the HDFC Banking & Financial Services Fund is complete.

Question 10

How can I redeem my investments in HDFC Banking & Financial Services Fund?

Accepted Answer

Redeeming your investments in the HDFC Banking & Financial Services Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.77% as on Sep 30, 2025
Exit load	1.0% Exit load of 1%, if redeemed within 30 days.!
AUM (Fund size)	₹4,135 Cr
Lock-in Period	Nil
Age	4 yrs 4 m since Jun 11, 2021
Benchmark	NIFTY Financial Services TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Period	This fund	Category average
1 Month	5.42%	5.01%
3 Months	3.1%	3.91%
6 Months	7.96%	9.62%
1 Year	14.54%	16.34%
2 Years	20.34%	22.58%
3 Years	18.91%	19.43%
4 Years	13.0%	13.74%

Alpha	5.79 vs. 5.7 Higher outperformance against benchmark
Sharpe	0.92 vs. 4.48 Poor risk-adjusted returns
Beta	0.88 vs. 0.78 More sensitive to market's ups & downs
Standard deviation	12.56 vs. 7.63 More volatile performance

Fund AUM	4,135 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

No. of schemes	78 view all schemes
Total AUM	8,93,028 Cr as on Sep 30, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

HDFC Banking & Financial Services Fund Direct - Growth

Historical NAV & returns

HDFC Banking & Financial Services Fund overview

HDFC Banking & Financial Services Fund Returns calculator

Trailing returns as on Oct 17, 2025

Asset allocationas on Sep 30, 2025

Key risk & return ratios Compared to other funds in the category

Compare HDFC Banking & Financial Services Fund in detail with

About this fund

About HDFC Banking & Financial Services Fund

Fund managers

Investment objective

HDFC Mutual Fund details

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HDFC Banking & Financial Services Fund Direct - Growth Returns

ET Money rank

Fund name	ETM Rank	AUM	1Y	5Y
HDFC Infrastructure Fund	N.A.	2,522 Cr	5.76%	35.87%
HDFC Small Cap Fund	N.A.	36,828 Cr	7.67%	31.34%
HDFC Focused Fund	N.A.	23,533 Cr	11.97%	30.86%
HDFC Mid Cap Fund	N.A.	84,855 Cr	9.76%	30.8%
HDFC Flexi Cap Fund	N.A.	85,560 Cr	11.51%	30.02%
HDFC Large and Mid Cap Fund	N.A.	26,949 Cr	7.47%	27.56%