July 1, 2022
mayank
HDFC Banking ETF Guidance
NAV Growth : Rs 336.0100
Suitable For Which Investors ?
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.
Fund’s Investment Strategy :
The scheme seekes to provide investment returns that, before expenses, closely correspond to the total returns of the Securities as represented by the NIFTY Bank Index subject to tracking errors.
Fund Manager :
— Arun Agarwal
Education : Mr. Agarwal is a B.Com., Chartered Accountant
Experience : Prior to joining HDFC Asset Management Company Limited, he has worked with SBI Funds Management Pvt. Ltd., ICICI Bank Limited, UTI Asset Management Pvt. Ltd.
— Krishan Kumar Daga
Education : Mr. Daga is a B.Com (H).
Experience : Prior to joining HDFC AMC he has worked with Reliance Mutual Fund, Reliance Capital Ltd., Deutsche Securities, B&K Securities, Brics Securities, JP Morgan Securities and HSBC Securities.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. No of Cheques | — |
| Min. Withdrawal (Rs) | — |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
Basic Details
| Fund House: | HDFC Mutual Fund |
| Launch Date: | 21-Aug-20 |
| Return Since Launch: | 24.67% |
| Benchmark: | NIFTY Bank TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 59 Cr |
| (As on 31-May-2022) | |
| Expense: | 0.16% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | 36.55% |
HDFC Banking ETF Guidance 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 ETF-G | -5.35 | 0.46 | 0.86 | -5.73 | -7.62 | -5.35 | -3.41 | — | — | — | — |
| S&P BSE Bankex TRI | -4.31 | 0.62 | 0.71 | -5.9 | -7.39 | -4.31 | -1.62 | — | — | — | — |
| Equity: Sectoral-Banking | -7.19 | 0.21 | 0.89 | -5.82 | -8.46 | -7.19 | -5.42 | — | — | — | — |
| Rank within category | 7 | 8 | 15 | 14 | 6 | 7 | 8 | — | — | — | — |
| Number of funds in category | 31 | 33 | 33 | 33 | 33 | 31 | 28 | 18 | 17 | 15 | 10 |
HDFC Banking ETF Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| HDFC Banking ETF | Unrated | Aug-20 | -3.41 | — | — | 0.16% | 59 |
| SBI Banking & Financial Services Fund – Regular Plan | 5 star | Feb-15 | -7.5 | 5.18 | 9.73 | 1.94% | 3,237 |
| Sundaram Financial Services Opportunities Fund – Regular Plan | 4 star | Jun-08 | -5.71 | 5.71 | 7.17 | 2.72% | 513 |
| Invesco India Financial Services Fund | 4 star | Jul-08 | -8.98 | 3.64 | 6.59 | 2.51% | 410 |
| Nippon India ETF Nifty Bank BeES | Unrated | May-04 | -3.43 | 2.14 | 7.49 | 0.19% | 9,431 |
Portfolio Analysis
| Number of Stocks | 12 |
| Top 10 Stocks (%) | 97.69 |
| Top 5 Stocks (%) | 84.68 |
| Top 3 Sectors (%) | 99.52 |
| Portfolio P/B Ratio | 2.06 |
| Portfolio P/E Ratio | 17.68 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,43,839 | 2,55,966 |
| Giant (%) | 85.09 | 73.45 |
| Large (%) | 9.03 | 12.3 |
| Mid (%) | 5.88 | 11.83 |
| Small (%) | — | 4.7 |
| Tiny (%) | — | — |
HDFC Banking ETF Guidance by Chanakya :
Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
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