Scheme

HDFC Nifty Private Bank ETF

Holds 10 companies worth ₹481 Cr in Sept 2026.

Fund house
HDFCThe fund house that runs this scheme.
AUM
₹481 CrHDFC Nifty Private Bank ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.9% on Aug 2026, ₹505 Cr.
Largest holding
ICICI BankICICI Bank is 21.5% of this scheme's NAV.
Fund manager
Abhishek MorRuns it since 16 Nov 2022, as the fund house dates it. With Arun Agarwal (co-manager).

Overview^{(14 Sept 2026)}

Fund managers2

Abhishek MorFund manager · Nov 2022 · 7y · CA B.Com
Arun AgarwalCo-manager · Nov 2022 · 25y · CA B.Com

Key facts

Benchmark: NIFTY Private Bank Index (TRI)
Risk: Very High
Expense: Regular 0.16% · Direct 0%
Exit load: Nil
Started: 16 Nov 2022
Minimum: On an On-going Basis: A. On the Stock Exchange: Investors (including Market Makers and Large Investors) can subscribe (buy) Units on a continuous basis on the Stock Exchanges, in minimum lot of 1 (one) unit and in multiples thereof. B. Directly with the Fund: Market Makers and Large Investors* may approach the Fund directly for subscription of units of the ETF at the Intra-Day NAV in multiples of Creation Unit size. *The minimum application amount for Large Investors shall be Rs. 25 Crores (apart from the requirement of the application being in multiples of Creation Unit Size). Each Creation Unit Size will consist of 25,000 Units of the ETF and 1 Unit of the ETF will be approximately equal to 1/1000th of the value of NIFTY Private Bank Index (TRI). For details, refer Scheme Information Document (SID) available on the website.

Source.Its Scheme Summary Document as of 14 Sept 2026 at AMFI.

What changed^{(1 change)}

Sept 2026

1 change

Expense ratio
14 SeptRegular 0.15% → 0.16%

Source.Its filings at NSE, since Sept 2024.

Fund managers over time^{(Nov 2022 – now)}

MainCoSlice2023202420252026

Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs^{(Sept 2024 – Sept 2026)}

Every change to the expense ratio, newest first.
2 changes	Regular	Direct	Δ pt
14 Sept 2026	0.16%	0.00%	0
15 Sept 2024	0.15%	0.00%	–

Direct plan, 14 Sept 2026

0.00%

Regular plan 0.16% · Exit load nil

Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk^{(14 Sept 2026)}

Objective

The investment objective of the Scheme is 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.There is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer: Very High
At launch: Very High
Type: An open ended scheme replicating/tracking NIFTY Private Bank Index (TRI)
Benchmark: NIFTY Private Bank Index (TRI)

Asset allocation it may hold% of NAV

Securities covered by NIFTY Private Bank Index (TRI)
Allowed95–100%
Debt Securities & Money Market Instruments, units of Debt Schemes of Mutual Funds
Allowed0–5%

Holds in Sept 2026.100.0% equity

How to invest^{(14 Sept 2026)}

Buying

To start: On an On-going Basis: A. On the Stock Exchange: Investors (including Market Makers and Large Investors) can subscribe (buy) Units on a continuous basis on the Stock Exchanges, in minimum lot of 1 (one) unit and in multiples thereof. B. Directly with the Fund: Market Makers and Large Investors* may approach the Fund directly for subscription of units of the ETF at the Intra-Day NAV in multiples of Creation Unit size. *The minimum application amount for Large Investors shall be Rs. 25 Crores (apart from the requirement of the application being in multiples of Creation Unit Size). Each Creation Unit Size will consist of 25,000 Units of the ETF and 1 Unit of the ETF will be approximately equal to 1/1000th of the value of NIFTY Private Bank Index (TRI). For details, refer Scheme Information Document (SID) available on the website., then re. 1
Systematic: SIP, SWP, STP: Not Applicable
Dates: SIP, SWP, STP: Not Applicable
Minimum: SIP, SWP, STP: Not Applicable, then sIP, SWP, STP: Not Applicable
Instalments: SIP, SWP, STP: Not Applicable
Most: SIP, SWP, STP: Not Applicable

Selling and switching

To redeem: On an On-going Basis: A. On the Stock Exchange: Investors (including Market Makers and Large Investors) can redeem (sell) Units on a continuous basis on the Stock Exchanges, in minimum lot of 1 (one) unit and in multiples thereof. B. Directly with the Fund: Market Makers and Large Investors may approach the Fund directly for redemption of units of the ETF at the Intra-Day NAV in multiples of Creation Unit size. Each Creation Unit Size will consist of 25,000 Units of the ETF and 1 Unit of the ETF will be approximately equal to 1/1000th of the value of NIFTY Private Bank Index (TRI).. For details, refer Scheme Information Document (SID) available on the website. or No minimum redemption criterion for Unit based redemption units
Minimum balance: There is no minimum balance amount requirement. or There is no minimum balance amount in units requirement. units
Switch most: Switch in: Not Applicable Switch out: Not applicable. or Switch in: Not Applicable Switch out: Not applicable. units

Scheme details^{(14 Sept 2026)}

What it is

Category: Exchange Traded Fund
Offer: 28 Oct 2022 to 11 Nov 2022
Started: 16 Nov 2022
Reopened: 22 Nov 2022
Face value: The Face Value of each unit will be approximately 1/1000th Value of NIFTY Private Bank Index (TRI).
Listed: To be listed on the Capital Market Segment of the NSE and BSE

How it is run

Swing pricing: No
Side-pocketing: No
Custodian: SBI-SG Global Securities Services Private Limited
Auditor: S.R. Batliboi & Co. LLP – Chartered Accountants
Registrar: Computer Age Management Services Limited
SEBI code: HDFC/O/O/OET/22/01/0100