logologo
Search or Ask Iris
Ctrl+K
arrow
ToolBar Logo
MBETF103

HDFC Nifty Banking ETF

HDFCNIFBAN

Watchlist



AUM

₹ 2,640 Cr

Expense Ratio

0.16%

Investment Checklist



























Overview

Overview GridOverview GridOverview Star

The HDFC Nifty Banking ETF, managed by HDFC Asset Management Company Limited, aims to replicate the total returns of the NIFTY Bank Index, focusing on passive investment strategies.

Overview GridOverview GridOverview Star

This ETF employs a passive tracking approach, with a benchmark of the NIFTY Bank Index (TRI), ensuring minimal tracking error of just 0.03%, enhancing investment efficiency.

Overview GridOverview GridOverview Star

The portfolio is heavily concentrated in the banking sector, with top holdings including HDFC Bank (28.5%) and ICICI Bank (24.4%), indicating significant concentration risk within a single industry.

Overview GridOverview GridOverview Star

Over the past year, the fund has delivered impressive returns of 16.3%, with a 3-year CAGR of 11.8% and a 5-year CAGR of 15.7%, showcasing consistent performance across periods.

Overview GridOverview GridOverview Star

With a fund size of ₹2639.6 Cr and a low expense ratio of 0.16%, the ETF is accessible and cost-effective, managed by experienced professionals since 2020 and 2023.

AMC

HDFC Asset Management Company Limited

Manager

Arun Agarwal

Benchmark

NIFTY Bank Index (TRI)

Fund Size

2,640

Expense Ratio (%)

0.16%

Tracking Error (%)

0.03%

PE

Beta

Moderate Risk

Volatility

0.13

Dividend Yield (%)

52W Low

48.56

52W High

61.72

Standard Deviation

0.842

Risk Level

Technicals

Bullish

RSI

65.51

EMA 50

59.87

EMA 200

56.79

Technicals

Oscillators

BearishNeutralBullish

Neutral

Bearish

2

Neutral

9

Bullish

3

Overall

BearishNeutralBullish

Bullish

Bearish

9

Neutral

11

Bullish

26

Moving Averages

BearishNeutralBullish

Bullish

Bearish

7

Neutral

2

Bullish

23

Overall

BearishNeutralBullish

Bullish

Bearish

9

Neutral

11

Bullish

26

Holdings(Top 10 Holdings)

CompanyWeightage (%)
HDFC Bank Ltd.£28.49%
ICICI Bank Ltd.24.38%
State Bank of India9.17%
Kotak Mahindra Bank Limited8.96%
Axis Bank Ltd.8.78%
Indusind Bank Ltd.3.14%
Bank of Baroda3.10%
The Federal Bank Ltd.3.08%
IDFC First Bank Limited2.99%
Canara Bank2.71%

Allocation

Industry
Asset
Industry
No ConstituentsNo Constituents

No data found

Peers

No ConstituentsNo Constituents