HDFC NIFTY Private Bank ETF - Growth Option

HDFC NIFTY Private Bank ETF - Growth Option is a Other ETFs fund from HDFC Mutual Fund.

Cost: Expense ratio data for this fund isn't available yet.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.61 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 16.48% is fairly typical for actively managed equity funds.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Other fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.