How much returns has HDFC Banking & Financial Services Fund-Dir (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, HDFC Banking & Financial Services Fund-Dir (IDCW) has generated annualised return of 4.82%. In the long-term, the fund has generated 13.46% and 11.66% in 3 and 5 years respectively. Since its inception, the fund has generated 13.29% returns.

What is the expense ratio of HDFC Banking & Financial Services Fund-Dir (IDCW) Direct Growth?

The expense ratio of HDFC Banking & Financial Services Fund-Dir (IDCW) Direct Growth is 0.96%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of HDFC Banking & Financial Services Fund-Dir (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of HDFC Banking & Financial Services Fund-Dir (IDCW) is ₹4,376.48 (Cr) as of 2026-11-06 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from HDFC Banking & Financial Services Fund-Dir (IDCW) Direct Growth?

Redeeming or selling units of HDFC Banking & Financial Services Fund-Dir (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load . To redeem from HDFC Banking & Financial Services Fund-Dir (IDCW): Login to your m.Stock account In portfolio, your mutual fund investments will be visible under ‘MF’ Select the fund you wish to redeem from (in this case HDFC Banking & Financial Services Fund-Dir (IDCW)). Click on ‘Redeem’ button You have 2 options – redeem by units and redeem by value (you can only redeem free units) Select units to be redeemed and click on submit. Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Can I invest in SIP and Lumpsum in HDFC Banking & Financial Services Fund-Dir (IDCW) Direct Growth?

Yes, you can invest both lumpsum and SIP in HDFC Banking & Financial Services Fund-Dir (IDCW). Minimum lumpsum investment HDFC Banking & Financial Services Fund-Dir (IDCW) is ₹100 and minimum SIP amount is ₹100 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

Which are the biggest stock holdings of HDFC Banking & Financial Services Fund-Dir (IDCW)?

The 5 biggest stock holdings of HDFC Banking & Financial Services Fund-Dir (IDCW) are: ICICI Bank (14.81%), HDFC Bank (12.74%), Kotak Mah. Bank (9.64%), Axis Bank (7.79%), SBI (6.15%)

What are the top sectors HDFC Banking & Financial Services Fund-Dir (IDCW) invests in?

A majority of HDFC Banking & Financial Services Fund-Dir (IDCW) 's AUM worth ₹4,376.48 (Cr) is invested in these 3 top sectors: Banks : 58.27% Finance : 22.76% Insurance : 9.21%

HDFC Banking & Financial Services Fund-Dir (IDCW)

Q: What is the NAV of HDFC Banking & Financial Services Fund-Dir (IDCW) Direct Growth?

The latest NAV ( Net Asset Value ) of HDFC Banking & Financial Services Fund-Dir (IDCW) is HDFC Banking & Financial Services Fund-Dir (IDCW) is ₹17.23 as on 2026-11-06.

Sectoral Fund

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NAV
17.23(2.01%)
Fund Size (CR)
₹4,425.37
Expense Ratio
0.96
Scheme Type
Active Fund
Value Research
-

Min. investment
₹100
Minimum Additional Investment
₹100
Minimum SIP Investment
₹100
Minimum Withdrawal
₹100
Exit Load
1%
Return Since Launch
13.29%

There is no Asset Allocation data

Basic Details

Scheme Manager

Anand Laddha

Bench Mark

Nifty Financial Services TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	October 30, 2026	10920.76	9.21%	-	5.76%	39/256
1 Month	October 6, 2026	10578.21	5.78%	-	4.88%	93/256
3 Month	August 6, 2026	9945.14	-0.55%	-	0.12%	165/252
6 Month	May 6, 2026	10299.38	2.99%	-	7.39%	174/252
1 Year	November 6, 2025	10482.36	4.82%	4.82%	6.52%	110/224
3 Year	November 6, 2023	14611.24	46.11%	13.46%	14.96%	85/162
5 Year	November 3, 2021	17380.38	73.80%	11.66%	11.01%	54/122
Since Inception	June 30, 2021	19506.00	95.06%	13.29%	13.24%	141/256

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	December 1, 2025	1,20,000	141822.26	18.19%	18.19%
3 Year	December 1, 2023	3,60,000	449278.81	24.80%	7.66%
5 Year	December 1, 2021	6,00,000	866515.28	44.42%	7.63%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Risk Ratios

4.82%

Standard Deviation

0.99%

Beta

0.42%

Sharpe Ratio

-0.00%

Treynor's Ratio

2.56%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
ICICI Bank	14.81%	4637000	648.25	Equity	Banks
HDFC Bank	12.74%	8050000	557.70	Equity	Banks
Kotak Mah. Bank	9.64%	9135605	421.70	Equity	Banks
Axis Bank	7.79%	2800000	340.76	Equity	Banks
SBI	6.15%	2800000	269.32	Equity	Banks
Bajaj Finance	3.92%	1825000	171.39	Equity	Finance
SBI Life Insuran	3.68%	970000	160.88	Equity	Insurance
Shriram Finance	3.39%	1800000	148.17	Equity	Finance
Karur Vysya Bank	2.11%	2597455	92.50	Equity	Banks
AU Small Finance	2.07%	1050000	90.72	Equity	Banks

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
HDFC Banking & Financial Services Fund-Dir (IDCW)	4425.37	5.78%	-0.55%	2.99%	4.82%	13.46%
Kotak Healthcare Fund - Direct (IDCW)	825.14	2.50%	4.31%	18.98%	28.31%	-
Kotak Healthcare Fund - Direct (G)	825.14	2.50%	4.31%	18.97%	28.30%	-
HDFC Pharma and Healthcare Fund - Direct (G)	3501.37	3.76%	3.31%	16.60%	28.23%	31.27%
HDFC Pharma and Healthcare Fund - Direct (IDCW)	3501.37	3.76%	3.31%	16.60%	28.23%	31.27%
SBI Automotive Opportunities Fund - Direct (G)	6070.82	4.43%	-0.10%	15.51%	25.14%	-

List of Schemes under HDFC Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
HDFC Income Plus Arbitrage Active FOF	Other	High	5.14%	0	₹2,672.16
HDFC Focused Fund	Equity	Very High	3.27%	5	₹26,955.90
HDFC Infrastructure Fund	Equity	Very High	-4.7%	4	₹2,141.57
HDFC Conservative Hybrid Fund	Hybrid	Moderately High	2.27%	4	₹3,072.69
HDFC Credit Risk Fund	Debt	Moderately High	6.72%	3	₹7,573.52
HDFC Nifty G-Sec Jun 2027 Index Fund	Other	Moderately High	5.12%	0	₹553.78
HDFC Flexi Cap Fund	Equity	Very High	4.04%	5	₹1,10,441.27
HDFC Medium Term Fund	Debt	Moderately High	5.81%	3	₹3,514.07
HDFC Dynamic Term Fund	Debt	Moderate	4.16%	3	₹468.35
HDFC Aggressive Hybrid Fund	Hybrid	Very High	-2.63%	3	₹20,933.60
HDFC Banking and PSU Debt Fund	Debt	Moderately Low	4.09%	4	₹5,055.17
HDFC Ultra Short Term Fund	Debt	Moderate	6.23%	2	₹14,936.26
HDFC Developed World Overseas Equity Passive FOF	Other	Very High	18.79%	0	₹1,699.29
HDFC NIFTY Next 50 Index Fund	Other	Very High	3.92%	1	₹2,554.00
HDFC Nifty G-Sec Sep 2032 Index Fund	Other	Moderately High	2.84%	0	₹605.15
HDFC NIFTY SDL Plus G-Sec Jun 2027 40:60 IF	Other	Moderate	5.39%	0	₹48.76
HDFC Defence Fund	Equity	Very High	20.78%	0	₹11,130.70
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund	Other	Moderately Low	6.98%	0	₹1,986.33
HDFC Gold Silver Passive FOF	Other	Very High	0%	0	₹51.91
HDFC Value Fund	Equity	Very High	6.2%	2	₹8,037.60
HDFC Children's Fund	Solution Oriented	Very High	-0.64%	4	₹10,178.98
HDFC Balanced Advantage Fund	Hybrid	Very High	0.9%	5	₹1,01,431.73
HDFC Corporate Bond Fund	Debt	Moderate	3.62%	4	₹28,928.40
HDFC Multi Asset Allocation Fund	Hybrid	Very High	3.76%	3	₹5,685.81
HDFC Floating Interest Rates Fund	Debt	Moderate	5.5%	4	₹15,497.79
HDFC Gilt Fund	Debt	Moderate	2.76%	4	₹1,771.81
HDFC Mid Cap Fund	Equity	Very High	2.21%	5	₹1,00,687.07
HDFC Nifty 100 Equal Weight Index Fund	Other	Very High	3.69%	4	₹478.91
HDFC Silver ETF Fund of Fund	Other	Very High	22.26%	0	₹3,787.89
HDFC Small Cap Fund	Equity	Very High	-6.24%	4	₹38,960.36
HDFC Overnight Fund	Debt	Low	5.23%	2	₹12,205.30
HDFC Liquid Fund	Debt	Moderately Low	6.49%	3	₹71,083.13
HDFC ELSS - Tax Saver Fund	Equity	Very High	-1.57%	5	₹15,108.43
HDFC Arbitrage Fund	Hybrid	Low	6.71%	3	₹25,869.34
HDFC Nifty G-Sec July 2031 Index Fund	Other	Moderately High	3.54%	0	₹611.69
HDFC MNC Fund	Equity	Very High	2.9%	0	₹515.63
HDFC Nifty G-Sec Jun 2036 Index Fund	Other	High	3.54%	0	₹827.51
HDFC NIFTY Smallcap 250 Index Fund	Other	Very High	1.89%	0	₹726.72
HDFC Transportation and Logistics Fund	Equity	Very High	9.94%	0	₹2,004.32
HDFC Short Term Fund	Debt	Moderate	4.78%	5	₹13,966.76
HDFC NIFTY200 Momentum 30 Index Fund	Other	Very High	-4.09%	0	₹543.47
HDFC Nifty500 Multicap 50:25:25 Index Fund	Other	Very High	1.07%	0	₹510.20
HDFC BSE India Sector Leaders Index Fund	Other	Very High	0%	0	₹160.83
HDFC Multi-Asset Active FOF	Other	High	4.98%	4	₹5,889.35
HDFC Multi Cap Fund	Equity	Very High	-2.47%	4	₹19,080.08
HDFC Long Term Fund	Debt	Moderately High	2.53%	0	₹2,516.34
HDFC Nifty Top 20 Equal Weight Index Fund	Other	Very High	-1.14%	0	₹94.88
HDFC Innovation Fund	Equity	Very High	15.84%	0	₹3,158.87
HDFC Manufacturing Fund	Equity	Very High	6.71%	0	₹9,726.26
HDFC NIFTY100 Low Volatility 30 Index Fund	Other	Very High	-1.13%	0	₹201.26
HDFC Nifty LargeMidcap 250 Index Fund	Other	Very High	1%	0	₹466.84
HDFC Income Plus Arbitrage Omni FOF	Other	High	0%	0	₹33.06
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund	Other	Moderately Low	0%	0	₹1,465.60
HDFC Nifty Auto Index Fund	Other	Very High	0%	0	₹142.32
HDFC Diversified Equity All Cap Active FOF	Other	Very High	0.72%	0	₹2,575.60
HDFC BSE REITS and Commercial Real Estate Index Fund	Other	Very High	0%	0	₹36.28
HDFC Money Market Fund	Debt	Moderate	6.44%	3	₹28,352.51
HDFC Large Cap Fund	Equity	Very High	0.81%	5	₹37,466.30
HDFC Retirement Fund - Equity	Solution Oriented	Very High	-1.87%	5	₹6,711.09
HDFC Housing Opportunities Fund	Equity	Very High	-4.78%	0	₹1,061.03
HDFC Dividend Yield Fund	Equity	Very High	0.38%	0	₹5,184.46
HDFC Nifty 100 Index Fund	Other	Very High	-0.27%	2	₹468.18
HDFC Business Cycle Fund	Equity	Very High	4.37%	0	₹2,573.20
HDFC Nifty G-Sec Dec 2026 Index Fund	Other	Moderate	5.51%	0	₹919.42
HDFC Nifty SDL Oct 2026 Index Fund	Other	Moderate	5.59%	0	₹176.71
HDFC NIFTY Midcap 150 Index Fund	Other	Very High	1.83%	0	₹693.55
HDFC Technology Fund	Equity	Very High	-5.77%	0	₹1,537.73
HDFC Pharma and Healthcare Fund	Equity	Very High	28.23%	0	₹3,665.74
HDFC NIFTY Realty Index Fund	Other	Very High	-5.34%	0	₹171.06
HDFC Nifty India Digital Index Fund	Other	Very High	-3.16%	0	₹151.26
HDFC Gold ETF Fund of Fund	Other	Very High	15.96%	3	₹11,488.11
HDFC BSE Sensex Index Fund	Other	Very High	-2.03%	2	₹8,216.90
HDFC Equity Savings Fund	Hybrid	Moderately High	4.13%	3	₹5,445.82
HDFC Retirement Fund - Hybrid Debt	Solution Oriented	Moderately High	1.27%	3	₹139.80
HDFC Banking & Financial Services Fund	Equity	Very High	4.82%	4	₹4,376.48
HDFC Large & Mid Cap Fund	Equity	Very High	0.22%	4	₹28,087.70
HDFC Ultra Short to Short Term Fund	Debt	Moderate	5.84%	3	₹15,276.43
HDFC Medium to Long Term Fund	Debt	Moderate	3.47%	3	₹799.45
HDFC Nifty 50 Index Fund	Other	Very High	-1.12%	3	₹22,727.99
HDFC Retirement Fund - Hybrid Equity	Solution Oriented	Very High	-2.97%	4	₹1,521.25
HDFC NIFTY50 Equal Weight Index Fund	Other	Very High	3.42%	4	₹1,661.41
HDFC Consumption Fund	Equity	Very High	-2.95%	0	₹956.52
HDFC Nifty LargeMidcap250 Plus 8-13 yr G-Sec 70:30 Index Fund	Other	High	0%	0	₹21.23
HDFC Nifty G-Sec Apr 2029 Index Fund	Other	Moderately High	3.96%	0	₹151.63
HDFC BSE 500 Index Fund	Other	Very High	-0.01%	0	₹320.50
HDFC Nifty 100 Quality 30 Index Fund	Other	Very High	1.18%	0	₹132.53
HDFC Nifty India Consumption Index Fund	Other	Very High	0%	0	₹104.48
HDFC Nifty Metal ETF FOF	Other	Very High	0%	0	₹104.56

News

HDFC FMP 1269D March 2023 - Series 47 Merger into HDFC Banking and PSU Debt Fund
HDFC Mutual Fund has approved the merger of HDFC FMP 1269D March 2023 - Series 47 Merger into HDFC Banking and PSU Debt Fund, with effect from 09 September 2026.
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HDFC MF announces Income Distribution cum capital withdrawal (IDCW) under its scheme
HDFC Mutual Fund has announced 27 July 2026 as the record date for declaration of IDCW in the following scheme. The proposed IDCW on the face value of Rs 10 per unit will be:
HDFC Balanced Advantage Fund:
Regular Plan ' IDCW: 0.250
Direct Plan ' IDCW: 0.250
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HDFC MF announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes
HDFC Mutual Fund has announced 21 July 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular plan IDCW & monthly IDCW option and direct plan IDCW & monthly IDCW option of HDFC Arbitrage Fund. The amount of distribution (Rs per unit) will be:
HDFC Arbitrage Fund ' Wholesale Plan ' Regular Plan ' Monthly IDCW Option (Payout & Reinvestment): 0.050
HDFC Arbitrage Fund ' Wholesale Plan ' Direct Plan ' Monthly IDCW Option (Payout & Reinvestment): 0.050
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Fund House Details & Investment Objective

Date of Incorporation

June 11, 2021

Total AUM (Cr)

₹4376.48

HDFC Banking & Financial Services Fund-Dir (IDCW) is an Sectoral Fund-oriented fund from the renowned AMC, HDFC Mutual Fund. Launched in June 11, 2021, this fund is managed by Anand Laddha. With assets under management (AUM) worth ₹4,376.48 (Cr), as of November 6, 2026, HDFC Banking & Financial Services Fund-Dir (IDCW) is categorized as a Sectoral Fund within its segment. The fund has generated a return of 13.29% since its launch.
The current NAV of HDFC Banking & Financial Services Fund-Dir (IDCW) is ₹17.23, as on November 6, 2026. The fund's benchmark index is Nifty Financial Services TRI. You can invest in HDFC Banking & Financial Services Fund-Dir (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 13.46% and 11.66% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 98.85% in Equity, 1.22% in Debt and -0.07% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 58.27% in Banks, 22.76% in Finance, 9.21% in Insurance, 8.41% in Capital Markets, 0.76% in Financial Technology (Fin

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FAQs

HDFC Banking & Financial Services Fund-Dir (IDCW) is a popular fund in the Sectoral Fund segment. The fund has generated a return of 13.29% since inception. Looking to invest in HDFC Banking & Financial Services Fund-Dir (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in HDFC Banking & Financial Services Fund-Dir (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, HDFC Banking & Financial Services Fund-Dir (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in HDFC Banking & Financial Services Fund-Dir (IDCW) today and reap the benefits of this Sectoral Fund fund!

Redeeming or selling units of HDFC Banking & Financial Services Fund-Dir (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from HDFC Banking & Financial Services Fund-Dir (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case HDFC Banking & Financial Services Fund-Dir (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

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