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HDFC Sectoral Fund Records Modest NAV Uptick Amid Market Stability
HDFC Banking & Financial Services Fund’s NAV rose 0.
HDFC Banking & Financial Services Fund reported a 0.4 percent rise in its NAV on November 13, supported by stable performance across major private lenders and financial institutions. Sectoral strength, driven by credit growth and steady asset quality trends, underpinned the fund’s incremental improvement. Analysts viewed the movement as consistent with quarterly earnings momentum across the financial space.
Investor participation remained firm as banking-focused strategies continued to attract interest amid expectations of sustained profitability in core lending segments.