NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹29.48
1.18%
NAV as on 16 Feb 26, 12:00 AM
very high risk
sectoral banking
equity
NAV as on 16 Feb 26, 12:00 AM
very high risk
sectoral banking
equity
18.80%p.a.
Last 1Y
11.51%p.a.
Last 3Y
0.00%p.a.
Last 5Y
9.95%p.a.
Since Inception
About HDFC NIFTY Private Bank ETF- Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC NIFTY Private Bank ETF- Growth scheme from HDFC Asset Management Company Limited. It is a Sectoral-Banking mutual fund scheme that predominantly invests in Sectoral-Banking stocks of companies. Launched on Nov 2022, HDFC NIFTY Private Bank ETF- Growth is Sectoral-Banking fund of its category with 344.57 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Sectoral-Banking funds.
- HDFC NIFTY Private Bank ETF- Growth delivered 18.8% annual returns during the last year. It has delivered 9.9% average annual returns since the fund was launched.
- HDFC NIFTY Private Bank ETF- Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The Scheme seeks to provide investment returns that, before expenses, correspond to the total returns of the Securities as represented by the NIFTY Private Bank Index, subject to tracking errors.
Top 10 Holdings
Repo
0.02%
Net Payables
-0.02%
Axis Bank Ltd
21.40%
The Federal Bank Ltd
5.37%
HDFC Bank Ltd
19.91%
ICICI Bank Ltd
21.32%
Indusind Bank Ltd
4.48%
Kotak Mahindra Bank Ltd
18.08%
Yes Bank Ltd
2.85%
RBL Bank Ltd
1.36%
Fund Managers
- Arun Agarwal (Oct 2022 - Present)
- Abhishek Mor (Feb 2023 - Present)
Key Information
View Scheme Document
HDFC NIFTY Private Bank ETF- Growth SIP Calculator
If invested
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For a period of
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₹0(+0.0%)
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on HDFC NIFTY Private Bank ETF- Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in HDFC NIFTY Private Bank ETF- Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in HDFC NIFTY Private Bank ETF- Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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ICICI Prudential Nifty Private Bank ETF - Growth
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Frequently Asked Questions
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