EQUITY•SECTORAL / THEMATIC
HDFC Banking and Financial Services Fund IDCW Direct Plan Payout
3 Year return
14.20%
NAV on August 24, 2026
17.167
1D Returns
+0.03%
Launched on June 2021(5 years)
Investment Details
₹100
Minimum SIP Amount
₹100
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
25.25%₹909
Total Value ₹4,509
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹4,630.4 Cr.
Expense Ratio
0.94% (inclusive of GST)
Exit Load
1.00% - If Units are redeemed / switched-out within 30 days from the date of allotment. Nil - If Units are redeemed / switched-out after 30 days from the date of allotment.
Ratings
0
Ratings by other agencies
Value Research
0
Crisil
0
Morning Star
0
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
HDFC Mutual Fund Manager
AL
Anand Laddha
Fund Manager since Jun 2021
DM
Dhruv Muchhal
Fund Manager since Jun 2023
Fund House Details
HDFC Mutual Fund
Asset management company
AUM
₹9,61,940.45 Cr.
No. of Schemes
186
Setup Date
July 2000
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| SBI PSU Fund | 24.2114% | 0 |
| Aditya Birla Sun Life PSU Equity Fund | 23.9113% | 0 |
| ICICI Prudential Infrastructure Fund | 20.0883% | 0 |
Schemes by HDFC Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Dynamic Asset Allocation or Balanced Advantage
HDFC Balanced Advantage Fund Direct Plan Growth13.245%
Hybrid . Dynamic Asset Allocation or Balanced Advantage
HDFC Balanced Advantage Fund Direct Plan IDCW Payout12.8206%
Hybrid . Dynamic Asset Allocation or Balanced Advantage
HDFC Balanced Advantage Fund Direct Plan IDCW Reinvestment Option12.8206%
The HDFC Banking and Financial Services Fund IDCW Direct Plan Payout is an equity mutual fund by HDFC Mutual Fund that invests in the banking and financial services sector. The fund aims to provide long-term capital appreciation by investing in a diversified portfolio of stocks from this sector. This is an open-ended scheme where the investor gets an opportunity to invest at any time. The expense ratio of the fund is low compared to its category average.
Investment Objectives of the Scheme
The investment objective of the HDFC Banking and Financial Services Fund IDCW Direct Plan Payout is to provide long-term capital appreciation. The fund will achieve this objective by investing in a diversified portfolio of companies in the banking and financial services sector.
Key Features of The Fund
5-year return
13.9521%
Expense Ratio
0.94%
Fund Manager
Anand Laddha
Fund Size
₹4630.4 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
The HDFC Banking and Financial Services Fund IDCW Direct Plan Payout is a good option for investors who are looking for a long-term investment with the potential for capital appreciation and regular income. The fund is suitable for investors who have a moderate to high-risk appetite and are willing to invest for the long term. However, consider your investment objective and risk appetite and ensure it aligns with the fund details.
AMC Contact Details
| Name | HDFC Mutual Fund |
| Launch Date | July 2000 |
| Address | "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020 |
| Contact | 1800 3010 67671800 419 7676 |
| hello@hdfcfund.com | |
| Website | https://www.hdfcfund.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of HDFC Banking and Financial Services Fund IDCW Direct Plan Payout?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HDFC Banking and Financial Services Fund IDCW Direct Plan Payout on August 24, 2026, is ₹17.167
What is the AUM of HDFC Banking and Financial Services Fund IDCW Direct Plan Payout?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HDFC Banking and Financial Services Fund IDCW Direct Plan Payout, is ₹4630.4 crore.
What is the expense ratio of HDFC Banking and Financial Services Fund IDCW Direct Plan Payout?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of HDFC Banking and Financial Services Fund IDCW Direct Plan Payout is 0.94%
What are the returns of HDFC Banking and Financial Services Fund IDCW Direct Plan Payout since inception?
The HDFC Banking and Financial Services Fund IDCW Direct Plan Payout was launched on June 11, 2021. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in HDFC Banking and Financial Services Fund IDCW Direct Plan Payout?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HDFC Banking and Financial Services Fund IDCW Direct Plan Payout is ₹100.
How do I invest in HDFC Banking and Financial Services Fund IDCW Direct Plan Payout?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in HDFC Banking and Financial Services Fund IDCW Direct Plan Payout?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in HDFC Banking and Financial Services Fund IDCW Direct Plan Payout?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in HDFC Banking and Financial Services Fund IDCW Direct Plan Payout?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,509 in 3Y at 14.2001% returns
SIP Date1st of every month
Your next SIP Payment will be on 24 September 2026
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