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Overview

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The HDFC Nifty Private Bank ETF, managed by HDFC Asset Management Company Limited, aims to replicate the total returns of the NIFTY Private Bank Index, pursuing a passive investment strategy.

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This ETF employs a tracking approach to closely follow the NIFTY Private Bank Index (TRI), ensuring minimal tracking error of just 0.02%, enhancing its replication efficiency.

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The portfolio is heavily concentrated in the banking sector, with top holdings like HDFC Bank Ltd. (21.5%) and ICICI Bank Ltd. (21.0%), reflecting significant concentration risk within a single industry.

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Over the past year, the fund has delivered a return of 14.0%, with a 3-year CAGR of 9.9%, indicating robust performance amidst market dynamics and a stable risk-return profile.

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With an AUM of ₹320.7 Cr and a low expense ratio of 0.15%, the fund is accessible and cost-effective, managed by experienced professionals since late 2022 and early 2023.

AMC

HDFC Asset Management Company Limited

Manager

Arun Agarwal

Benchmark

NIFTY Private Bank Index (TRI)

Fund Size

321

Expense Ratio (%)

0.15%

Tracking Error (%)

0.02%

PE

Beta

Low Risk

Volatility

0.13

Dividend Yield (%)

52W Low

23.66

52W High

29.66

Standard Deviation

0.831

Risk Level

Technicals

Bullish

RSI

74.51

EMA 50

28.72

EMA 200

27.53

Technicals

Oscillators

BearishNeutralBullish

Neutral

Bearish

1

Neutral

8

Bullish

5

Overall

BearishNeutralBullish

Bullish

Bearish

1

Neutral

8

Bullish

37

Moving Averages

BearishNeutralBullish

Bullish

Bearish

0

Neutral

0

Bullish

32

Overall

BearishNeutralBullish

Bullish

Bearish

1

Neutral

8

Bullish

37

Holdings(Top 10 Holdings)

CompanyWeightage (%)
HDFC Bank Ltd.21.46%
ICICI Bank Ltd.21.00%
Kotak Mahindra Bank Limited19.69%
Axis Bank Ltd.19.30%
Indusind Bank Ltd.4.19%
The Federal Bank Ltd.4.10%
IDFC First Bank Limited3.99%
Yes Bank Ltd.3.62%
RBL Bank Ltd.1.43%
Bandhan Bank Ltd.1.22%

Allocation

Industry
Asset
Industry
No ConstituentsNo Constituents

No data found