HDFC Banking and Financial Services Fund
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.
Growthvine rating: 3/5 — ranked #34 of 84 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹17.64 (as of 2026-09-11) |
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| AUM | ₹4,630 Cr |
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| Expense ratio | 1.61% |
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| Riskometer | Very High |
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| Fund manager | Anand Laddha |
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| Exit load | 1% for redemption within 30 days |
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Performance & risk
| 5-year annualised return | 11.09% |
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| Sharpe ratio | 0.43 |
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| Standard deviation | 16.24% |
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| Max drawdown | -22.55% |
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| Alpha | 1.75 |
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| Beta | 1.01 |
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Over 5 years, captured 108.4% of NIFTY Financial Services's upside and 94.9% of its downside.
Market cap allocation
| Large cap | 68.3% |
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| Mid cap | 12.0% |
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| Small cap | 19.7% |
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Concentration
| Top 5 holdings | 48.7% |
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| Top 10 holdings | 66.5% |
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| Total holdings | 36 |
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Top holdings
- ICICI Bank Ltd. — 14.4%
- HDFC Bank Ltd. — 13.0%
- Kotak Mahindra Bank Ltd. — 7.7%
- AXIS Bank Ltd. — 7.4%
- State Bank Of India — 6.2%
- Bajaj Finance Limited — 4.5%
- Shriram Finance Limited — 4.3%
- SBI Life Insurance Company Limited — 3.9%
- Five-Star Business Finance Ltd. — 2.7%
- AU Small Finance Bank Limited — 2.4%
Top sectors
- Banking & Financial — 64.7%
- Finance & Investments — 25.8%
- Miscellaneous — 7.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -2.4% | Q3 | #51 of 76 |
| 2025 | 16.9% | Q1 (Top) | #10 of 69 |
| 2024 | 9.9% | Q4 (Bottom) | #52 of 58 |
| 2023 | 21.4% | Q4 (Bottom) | #40 of 48 |
| 2022 | 15.1% | Q1 (Top) | #10 of 46 |