Widely used:
Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹68.4178 -1.61%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
HDFC Nifty PSU Bank ETF
|
|
Very High
|
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0.35 |
||
|
|
Very High
|
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0.19 |
|||
|
|
Very High
|
Please wait... |
0.16 |
|||
|
|
Very High
|
Please wait... |
0.20 |
|||
|
|
Very High
|
Please wait... |
0.16 |
₹23 Cr
--
500
--
--
--
Investment Strategy
The Scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of the HDFC NIFTY PSU Bank Index (TRI), over long term, subject to tracking error.
Suitability
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. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Capital Gains Taxation
Dividend Taxation
1 min read•By News Desk
HDFC Nifty PSU Bank ETF is mandated to invest at least 80 per cent of its assets in the shares of banks and financial services companies. Being passively managed, it replicates the portfolio of its chosen benchmark index.
Mutual funds can be bought directly from the website of the fund house. For instance, HDFC Nifty PSU Bank ETF fund can be purchased from the website of HDFC Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of HDFC Nifty PSU Bank ETF is ₹68.4178 as of 14-Aug-2024.
The AUM of HDFC Nifty PSU Bank ETF Fund is ₹23 Cr as of 31-Jul-2024
The riskometer level of HDFC Nifty PSU Bank ETF is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
33.84
|
|
|
15.01
|
|
|
12.24
|
|
|
11.97
|
|
|
8.36
|
As of 31-Jul-2024, HDFC Nifty PSU Bank ETF had invested 99.8% in Equity and 0.2% in Cash & Cash Eq. See More
HDFC Nifty PSU Bank ETF is 0 years 6 months old. It has delivered 9.03% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
--
|
--
|
--
|
--
|
--
|
9.03%
|
No, There is no lock in period in HDFC Nifty PSU Bank ETF.
The expense ratio of HDFC Nifty PSU Bank ETF is 0.35.
Mutual Funds 
HDFC HDFC Nifty PSU Bank ETF
