HDFCAMC HDFCPSUBK ETF
HDFCPSUBK
₹68.92-₹0.06 (-0.09%) TodayLast updated on 11 Nov, 2024 | 15:24 IST
HDFCAMC HDFCPSUBK ETF Chart
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Fund overview
About
Open ₹70.36 | Close ₹68.98 | Volume 17,010 | Avg. traded ₹68.88 |
Circuit range ₹56.15 - ₹84.22 | Day range ₹67.56 - ₹70.36 | Year range ₹62.33 - ₹81.65 | |
AUM ₹28.28 Cr | ManagersArun Agarwal, +1 more | Launch Date 31 Jan 2024 |
HDFCAMC HDFCPSUBK
About HDFC Nifty PSU Bank ETF
- The HDFC Nifty PSU Bank ETF is an open-ended scheme offered by the HDFC Mutual Fund House.
- It features stocks of public sector banks in India.
- The fund was launched on January 31, 2024, and it is listed on the National Stock Exchange (NSE) under the exchange symbol HDFCPSUBK.
- As of July 24, 2024, assets under management (AUM) of the fund stand at ₹23.59 crore as of June 30, 2024.
- The HDFC Nifty PSU Bank ETF is managed by Abhishek Mor and Arun Agarwal.
Investment Objective & Benchmark
- The HDFC Nifty PSU Bank ETF’s investment objective is to produce returns over the long run that closely resemble the performance of the underlying index.
- The HDFC Nifty PSU Bank ETF is benchmarked against the NIFTY PSU Bank Index (TRI).
- Public sectors have managed to bring down their NPAs substantially following regulatory actions over the past few years. The improved fundamentals offer improved growth prospects for the banks.
- In a growing economy like India, there's a demand for financial services offered by banks.
- The banking and financial services sector has unlocked new growth prospects through newer market penetration riding on the evolution of fintech.
- The fund is classified in the very high risk category, indicating that it can lead to substantial gains as well as losses.
- Investors looking for long-term results that track the NIFTY PSU Bank Index (TRI) performance can consider investing in this ETF.
Asset Allocation & Portfolio Composition
- The asset allocation of the HDFC Nifty PSU Bank ETF comprises 98.87% in equity and 1.13% in other assets.
- Sector allocation is primarily in financials, accounting for 98.87%, with 1.13% allocated to other sectors.
- In terms of market capitalisation, the distribution includes 67.22% in giant-cap stocks, 13.93% in large-cap stocks, 14.87% in mid-cap stocks, and 3.98% in small-cap stocks.
- The top 10 company holdings make up over 96% of the asset allocation.
Here are the top 10 holdings of the HDFC Nifty PSU Bank ETF as of March 31, 2024, with their weight in percentage:
- State Bank of India: 32.68%
- Bank of Baroda: 15.92%
- Canara Bank: 12.63%
- Punjab National Bank: 11.98%
- Union Bank of India: 9.49%
- Indian Bank: 5.90%
- Bank of India: 5.46%
- Bank of Maharashtra: 2.00%
- Indian Overseas Bank: 1.47%
- Central Bank of India: 1.18%
The ETF’s trailing returns have been 17.09% since inception (January 31, 2024), while the category returns for the past year has been 23.7%.
Key indicators
Tracking index Nifty PSU Bank |
Expense Ratio0.35% |
Tracking error NA |
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Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
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Returns
Returns vs Benchmark
Compare the returns of this fund with
NIFTY 50
This ETF
Nifty 50
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HDFCAMC HDFCPSUBK Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Nov 8 2024 | ₹71.00 | ₹68.98 | -1.63% |
Thu, Nov 7 2024 | ₹70.38 | ₹70.12 | |
Wed, Nov 6 2024 | ₹69.50 | ₹70.04 | |
Tue, Nov 5 2024 | ₹67.71 | ₹68.94 | |
Mon, Nov 4 2024 | ₹69.10 | ₹67.54 | -0.69% |
Fri, Nov 1 2024 | ₹68.91 | ₹68.01 | |
Thu, Oct 31 2024 | ₹67.70 | ₹67.49 | -0.32% |
Wed, Oct 30 2024 | ₹67.79 | ₹67.71 | -0.10% |
Composition
What's in fund
Name | Holdings |
---|---|
SBINState Bank of India | 32.45% |
532134Bank of Baroda | 16.45% |
532483Canara Bank | 13.35% |
532461Punjab National Bank | 11.53% |
UNIONBANKUnion Bank of India | 8.60% |
532814Indian Bank | 6.72% |
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Frequently asked questions
What is the HDFCAMC HDFCPSUBK share price today?
HDFCAMC HDFCPSUBK share price is ₹ 68.92 today.
What is today’s high & low share price of HDFCAMC HDFCPSUBK?
HDFCAMC HDFCPSUBK share price high: ₹ 70.36 and low: ₹ 67.56
What is Assets Under Management (AUM) of HDFCAMC HDFCPSUBK shares today on the NSE?
HDFCAMC HDFCPSUBK Assets Under Management (AUM) of ₹ 28.28 Crores.
What is the HDFCAMC HDFCPSUBK share price high and low in the last 52 weeks on the NSE?
52 Week share High Price is ₹ 81.65 and Low Price is ₹ 62.33
What is the HDFCAMC HDFCPSUBK Stock Symbol?
The HDFCAMC HDFCPSUBK Stock symbol is HDFCPSUBK.
Can I buy HDFCAMC HDFCPSUBK shares on Holidays?
No, shares of HDFCAMC HDFCPSUBK or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell HDFCAMC HDFCPSUBK shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.