HDFC Banking and Financial Services Fund - IDCW Option

HDFC Banking and Financial Services Fund - IDCW Option is a scheme launched by HDFC Mutual Fund on June 30, 2021, and falls under the Banking & Financial fund category. It currently manages an AUM of Rs 4,041.19 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 1.91% for managing the portfolio.

• Investing Strategy:

  To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in banking and financial services.

• Performance:

  HDFC Banking and Financial Services Fund - IDCW Option trailing returns over different times are -3.68% (1 year), 10.4% (3 year) and 0% (5 year). The average annual return of this fund stands at 0.05%.