HDFC Nifty Private Bank ETF Fund Direct Growth
NAV as on 17-04-2025
₹ 27.45
▲2.2%
1D
Inception Returns
51.7%
/yr
Historical NAV & Returns
Absolute
▲
▼
About HDFC Nifty Private Bank ETF Fund Direct Growth
HDFC Nifty Private Bank ETF Fund Direct Growth is an equity fund. This fund was started on 14 November, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC Nifty Private Bank ETF Fund Direct Growth has ₹322 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
HDFC Nifty Private Bank ETF Fund Direct Growth has given a CAGR return of 51.70% since inception. Over the last 1 year the fund has given a CAGR return of 14.90%.
Holdings
HDFC Nifty Private Bank ETF Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Kotak Mahindra Bank Ltd, Axis Bank Ltd, The Federal 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of HDFC Nifty Private Bank ETF Fund Direct Growth
The investment objective of the Scheme is to provide investment returns that, before expenses, correspond to the total returns of the Securities as represented by the NIFTY Private Bank Index, subject to tracking errors.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. HDFC Nifty Private Bank ETF Fund Direct Growth has no lock in period.
HDFC Nifty Private Bank ETF Fund Direct Growth Overview
| Expense ratio | 0.15% |
Benchmark | Nifty Private Bank TR INR |
| AUM | ₹322 Cr |
| Inception Date | 14 November, 2022 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 24.38% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (17-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
81.6%
Mid cap
16.1%
Small cap
2.3%
Sector Allocation
Financial Services
100%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 6.20% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 1.05% in Mar'25
- AUM of the fund stands at 322.3 Cr as of Mar'25
- AUM increased by 18.6 Cr between Mar'25 and Feb'25
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 19.87% to 21.4%
HDFC Bank Ltd's allocation increased from 20.71% to 21.4%
The Federal Bank Ltd's allocation increased from 4.32% to 4.87%
Top Stocks sold last month
Kotak Mahindra Bank Ltd's allocation decreased from 22.4 % to 19.55 %
Axis Bank Ltd's allocation decreased from 19.46 % to 19.25 %
IndusInd Bank Ltd's allocation decreased from 6.5 % to 4.41 %
Large Cap allocation has gone down from 82.4% to 81.6%
Small Cap allocation has gone down from 3.2% to 2.3%
Mid Cap allocation has gone up from 14.4% to 16.1%
Cash allocation has gone down from 0% to -0%
Top Sector in March was Financial Services
Mar'25
Financial Services
100%
Feb'25
Financial Services
100%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 21.4% | 2.1% | |
 HDFC Bank Ltd | 21.4% | 3.9% | |
 Kotak Mahindra Bank Ltd | 19.55% | -18.8% | |
 Axis Bank Ltd | 19.25% | -3.2% | |
 The Federal Bank Ltd | 4.87% | 10.4% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
HDFC Nifty Private Bank ETF Fund Direct Growth | 14.9% | - | - | 51.7% |
 SBI Banking & Financial Services Direct Growth | 21.27% | 18.86% | 24.73% | 15.9% |
 Mirae Asset Banking and Financial Services Fund Direct Growth | 19.92% | 18.51% | - | 18.63% |
 ICICI Prudential Banking and Financial Services Fund Direct Plan Growth | 19.23% | 15.97% | 24.57% | 16.03% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 13.9% |
 Kotak Mahindra Bank Ltd | 7.6% |
 ICICI Bank Ltd | 7.4% |
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Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.63L Cr
as on 31-Mar-2025
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com
HDFC Nifty Private Bank ETF Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 51.7% since inception which is more than its category average return of 14.57%
Fund Allocations
This fund has an allocation of 100% in Equity, 0% in Debt and -0% in Cash related instruments
AUM size ₹322 Cr
This fund has AUM of ₹322 Cr which is less than its category average of ₹ 1926 Cr
Expense Ratio 0.15%
This fund has an expense ratio of 0.15% which is less than its category average expense ratio of 1.33%
More funds from HDFC
5Y CAGR
▲ 34.88
5Y CAGR
▲ 31.77
5Y CAGR
▲ 30.95
5Y CAGR
▲ 28.46
Frequently Asked Questions for HDFC Nifty Private Bank ETF Fund Direct Growth
The current NAV of HDFC Nifty Private Bank ETF Fund Direct Growth is ₹27.45 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
HDFC Nifty Private Bank ETF Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 12.25% | 12.25% |
6 Month Returns | 6.39% | 6.39% |
1 Year Returns | 14.9% | 14.9% |
3 Years Returns | 0% | 0% |
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.
0.15% as on March 2025
₹322 Cr as on March 2025
HDFC Bank Ltd(21.4%), ICICI Bank Ltd(21.4%), Kotak Mahindra Bank Ltd(19.55%), Axis Bank Ltd(19.25%), The Federal Bank Ltd(4.87%) as on March 2025
The alpha ratio for the HDFC Nifty Private Bank ETF Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Nifty Private Bank ETF Fund Direct Growth | -0.23 | - | - |
As on March 2025
The alpha for HDFC Nifty Private Bank ETF Fund Direct Growth is calculated against Nifty Private Bank 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%.
The Beta ratio for the HDFC Nifty Private Bank ETF Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Nifty Private Bank ETF Fund Direct Growth | 1 | - | - |
As on March 2025
The Beta for HDFC Nifty Private Bank ETF Fund Direct Growth is calculated with Nifty Private Bank 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.
The sharpe ratio for the HDFC Nifty Private Bank ETF Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HDFC Nifty Private Bank ETF Fund Direct Growth | 0.27 | - | - |
As on March 2025
The sharpe ratio for HDFC Nifty Private Bank ETF Fund Direct Growth is calculated with Nifty Private Bank 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.
The standard deviation for the HDFC Nifty Private Bank ETF Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HDFC Nifty Private Bank ETF Fund Direct Growth | 12.82 | - | - |
As on March 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.