How to Invest in HDFC Banking & Financial Services Fund Direct Growth?

You can easily invest in HDFC Banking & Financial Services Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HDFC Banking & Financial Services Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HDFC Banking & Financial Services Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HDFC Banking & Financial Services Fund Direct Growth provide?

The HDFC Banking & Financial Services Fund Direct Growth has been there from 01 Jul 2021 and the average annual returns provided by this fund is 21.95% since its inception.

How much expense ratio is charged by HDFC Banking & Financial Services Fund Direct Growth?

The term Expense Ratio used for HDFC Banking & Financial Services Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HDFC Banking & Financial Services Fund Direct Growth is 0.80% as of 18 Jan 2026...

What is the AUM of HDFC Banking & Financial Services Fund Direct Growth?

The AUM, short for Assets Under Management of HDFC Banking & Financial Services Fund Direct Growth is ₹4,488.88Cr as of 18 Jan 2026.

How to Redeem HDFC Banking & Financial Services Fund Direct Growth?

If you want to sell your HDFC Banking & Financial Services Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the NAV of HDFC Banking & Financial Services Fund Direct Growth?

The NAV of HDFC Banking & Financial Services Fund Direct Growth is ₹19.32 as of 16 Jan 2026.

What is the PE and PB ratio of HDFC Banking & Financial Services Fund Direct Growth?

The PE ratio ratio of HDFC Banking & Financial Services Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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HDFC Banking & Financial Services Fund Direct Growth

Name: HDFC Banking & Financial Services Fund Direct Growth
Brand: HDFC Mutual Fund

Equity

Sectoral

Very High Risk

+18.24%

3Y annualised

+0.66% 1D

All

NAV: 16 Jan '26

₹19.32

Min. SIP amount

₹100

Fund size

₹4,488.88 Cr

Expense ratio

0.80%

Return calculator

Monthly SIP

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Historic returns	Returns
1 year	₹60,000	₹56,891		-5.18%
3 years	₹1,80,000	₹2,10,201		+16.78%

Holdings (28)

Name	Sector	Instruments	Assets
HDFC Bank Ltd.	Financial	Equity	20.09%
ICICI Bank Ltd.	Financial	Equity	15.56%
Kotak Mahindra Bank Ltd.	Financial	Equity	8.27%
Axis Bank Ltd.	Financial	Equity	8.02%
State Bank of India	Financial	Equity	6.13%
Shriram Finance Ltd	Financial	Equity	3.96%
Bajaj Finance Ltd.	Financial	Equity	3.79%
AU Small Finance Bank Ltd.	Financial	Equity	3.62%
SBI Life Insurance Company Ltd.	Insurance	Equity	3.13%
Can Fin Homes Ltd.	Financial	Equity	2.40%
Karur Vysya Bank Ltd.	Financial	Equity	2.35%
Five-Star Business Finance Ltd.	Financial	Equity	2.23%
ICICI Lombard General Insurance Company Ltd.	Insurance	Equity	2.19%
Billionbrains Garage Ventures Ltd.	Financial	Equity	2.15%
Home First Finance Company India Ltd.	Financial	Equity	1.86%
ICICI Prudential Asset Management Company Ltd.	Financial	Equity	1.86%
Max Financial Services Ltd.	Financial	Equity	1.68%
Equitas Small Finance Bank Ltd.	Financial	Equity	1.51%
Indusind Bank Ltd.	Financial	Equity	1.48%
PNB Housing Finance Ltd.	Financial	Equity	1.14%
Bandhan Bank Ltd.	Financial	Equity	1.11%
SBFC Finance Ltd.	Financial	Equity	1.11%
Fusion Finance Ltd.	Financial	Equity	0.99%
Medi Assist Healthcare Services Ltd.	Services	Equity	0.87%
HDFC Life Insurance Co Ltd.	Insurance	Equity	0.68%
PB Fintech Ltd.	Services	Equity	0.66%
Anand Rathi Share and Stock Brokers Ltd.	Financial	Equity	0.34%
One Mobikwik Systems Ltd.	Services	Equity	0.16%

See All

Minimum investments

Min. for 1st investment

₹100

Min. for 2nd investment

₹100

Min. for SIP

₹100

Returns and rankings

Annualised returns

Absolute returns

Name	6M	1Y	3Y	All
Fund returns	+4.2%	+21.9%	+18.2%	+15.6%
Category average (Equity Sectoral)	+4.0%	+16.5%	+14.4%	--
Rank (Equity Sectoral)	--	19	8	--

Exit load, stamp duty and tax

Exit load

Exit load of 1%, if redeemed within 30 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Check past data

Fund management

AL
Anand Laddha
Jun 2021 - Present
View details

Education

Mr. Laddha has done B.Com. and CA

Experience

Prior to joining HDFC Asset Management Company Limited, he has worked with Refco-Sify Securities India Pvt. Ltd. Last Position Held - AVP - FII Equity & Derivative Sales. Alchemy Share & Stock Brokers Pvt. Ltd. Last Position Held - Equity & Derivative Sales.

Also manages these schemes

HDFC Banking & Financial Services Fund Direct Growth

HDFC Value Fund Direct Plan Growth

DM
Dhruv Muchhal
Jun 2023 - Present
View details

Education

Mr. Dhruv has done B.Com, CA and CFA

Experience

Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells

Also manages these schemes

HDFC Non Cyclical Consumer Fund Direct Growth

HDFC Medium Term Debt Fund Direct Growth

HDFC Dynamic Debt Fund Direct Plan Growth

HDFC Ultra Short Term Fund Direct Growth

HDFC Income Fund Direct Growth

HDFC Hybrid Equity Fund Direct Plan Growth

HDFC ELSS Tax Saver Fund Direct Plan Growth

HDFC Children's Fund Direct Plan

HDFC Diversified Equity All Cap Active FoF Direct Growth

HDFC Innovation Fund Direct Growth

HDFC Business Cycle Fund Direct Growth

HDFC MNC Fund Direct Growth

HDFC Transportation and Logistics Fund Direct Growth

HDFC Liquid Direct Plan Growth

HDFC Retirement Savings Fund Equity Plan Direct Growth

HDFC Banking & Financial Services Fund Direct Growth

HDFC Money Market Fund Direct Growth

HDFC Equity Savings Direct Plan Growth

HDFC Focused Fund Direct Growth

HDFC Technology Fund Direct Growth

HDFC Banking and PSU Debt Fund Direct Growth

HDFC Value Fund Direct Plan Growth

HDFC Low Duration Fund Direct Growth

HDFC Hybrid Debt Fund Direct Growth

HDFC Overnight Fund Direct Growth

HDFC Pharma And Healthcare Fund Direct Growth

HDFC Credit Risk Debt Fund Direct Growth

HDFC Arbitrage Direct Plan Growth

HDFC Small Cap Fund Direct Growth

HDFC Multi Cap Fund Direct Growth

HDFC Long Duration Debt Fund Direct Growth

HDFC Mid Cap Fund Direct Growth

HDFC Corporate Bond Fund Direct Plan Growth

HDFC Retirement Savings Fund Hybrid Debt Plan Direct Growth

HDFC Retirement Savings Fund Hybrid Equity Plan Direct Growth

HDFC Housing Opportunities Fund Direct Growth

HDFC Infrastructure Fund Direct Growth

HDFC Large and Mid Cap Fund Direct Growth

HDFC Balanced Advantage Fund Direct Growth

HDFC Flexi Cap Direct Plan Growth

HDFC Arbitrage Fund Wholesale Direct Growth

HDFC Large Cap Fund Direct Growth

HDFC Floating Rate Debt Fund Direct Plan Growth

HDFC Short Term Debt Fund Direct Plan Growth

HDFC Manufacturing Fund Direct Growth

HDFC Defence Fund Direct Growth

HDFC Multi Asset Allocation Fund Direct Growth

About HDFC Banking & Financial Services Fund Direct Growth

HDFC Banking & Financial Services Fund Direct Growth is a Equity Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Anand Laddha is the Current Fund Manager of HDFC Banking & Financial Services Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,32,192 Cr and the Latest NAV as of 16 Jan 2026 is ₹19.32. The HDFC Banking & Financial Services Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 1%, if redeemed within 30 days. ;

Investment Objective

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.

Fund benchmarkNIFTY Financial Services Total Return Index

Scheme Information Document(SID)