HDFC Bank Limited

10-Year Study

HDFCBANK.NSE · Private Sector Bank · IN · EQUITY

Executive Summary: HDFC Bank Limited has compounded at 11.4% annually over the last 10 years, with a maximum drawdown of 47.4% and an annualized volatility of 36.6%.

1Y CAGR
-18.5%
3Y CAGR
+0.5%
5Y CAGR
+2.1%
10Y CAGR
+11.4%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
47.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.44
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.52
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
30.0%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · +56.3%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2026 · -19.7%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
90%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-6.349.6-47.48.7————————-19.7%
2025-4.22.05.55.31.04.01.1-5.7-0.13.82.1-1.613.3%
2024-14.4-4.03.25.02.19.9-4.01.35.80.23.5-1.35.1%
2023-1.5-0.20.64.8-3.55.6-3.0-4.8-2.9-3.35.69.76.2%
20220.4-4.03.1-5.81.5-2.96.43.6-4.45.37.51.211.3%
2021-3.210.3-2.7-5.47.3-0.8-4.810.90.9-0.8-5.6-0.93.4%
2020-3.6-4.0-26.816.2-5.012.0-3.18.0-3.39.721.7-0.312.9%
2019-2.0-0.110.80.64.71.4-7.9-0.810.20.23.6-0.220.9%
20187.1-6.10.13.110.7-1.43.4-5.4-2.7-4.711.3-0.314.0%
20176.78.03.87.25.81.68.0-0.41.60.22.51.056.3%
2016———5.74.40.45.93.6-1.4-1.1-4.70.613.5%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 36.6%. The dominant macroeconomic risk driver is VEA.US, accounting for 28.1% of variance. Idiosyncratic stock-specific factors contribute 39.3%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110571.351486870653
2016-05-0111033.938149680613
2016-06-0111073.200462854351
2016-07-0111729.715514605727
2016-08-0112153.272852937906
2016-09-0111980.555110439742
2016-10-0111850.665151744422
2016-11-0111291.099422844864
2016-12-0111353.2206535556
2017-01-0112110.446308436633
2017-02-0113084.159358815108
2017-03-0113577.838858821367
2017-04-0114556.257537277263
2017-05-0115400.546606352336
2017-06-0115653.056780708437
2017-07-0116907.06142883292
2017-08-0116831.737918451727
2017-09-0117108.879211595995
2017-10-0117135.41017969749
2017-11-0117563.67686401181
2017-12-0117740.858570780416
2018-01-0119003.863026937088
2018-02-0117852.660922999592
2018-03-0117870.663017667113
2018-04-0118422.1038854459
2018-05-0120400.61043038341
2018-06-0120105.01221889387
2018-07-0120782.507406995686
2018-08-0119654.46289227458
2018-09-0119128.582619464643
2018-10-0118229.39001204725
2018-11-0120295.723380948537
2018-12-0120231.356535785268
2019-01-0119833.251973184986
2019-02-0119810.365791013355
2019-03-0121958.22537467495
2019-04-0122097.921926727286
2019-05-0123126.797529477095
2019-06-0123447.080149722504
2019-07-0121603.936319232187
2019-08-0121424.11613941201
2019-09-0123606.48159680538
2019-10-0123662.255124852818
2019-11-0124520.010444833668
2019-12-0124465.196136204693
2020-01-0123584.365020911355
2020-02-0122648.72207559219
2020-03-0116576.175344318253
2020-04-0119266.751112675935
2020-05-0118302.260944613008
2020-06-0120498.568544716665
2020-07-0119862.948117507105
2020-08-0121460.177336619465
2020-09-0120743.776754197297
2020-10-0122762.1925277303
2020-11-0127710.619612368777
2020-12-0127623.11252821115
2021-01-0126742.283891520958
2021-02-0129509.78558719534
2021-03-0128726.076057672635
2021-04-0127161.542092692074
2021-05-0129153.02536441353
2021-06-0128932.49164927617
2021-07-0127552.407894797176
2021-08-0130545.323675208307
2021-09-0130807.04929607051
2021-10-0130573.33436938945
2021-11-0128848.471959748476
2021-12-0128575.161347770205
2022-01-0128696.845890742432
2022-02-0127548.54623109182
2022-03-0128400.355382119433
2022-04-0126744.063528581577
2022-05-0127140.012945744245
2022-06-0126339.85540572813
2022-07-0128024.19513249435
2022-08-0129038.320567907467
2022-09-0127773.107676345488
2022-10-0129245.442561408323
2022-11-0131429.03244875705
2022-12-0131813.96943213095
2023-01-0131332.307439490174
2023-02-0131256.102785689684
2023-03-0131450.5268952608
2023-04-0132975.618848339356
2023-05-0131836.891554048234
2023-06-0133626.52482116569
2023-07-0132634.367245457684
2023-08-0131058.186324282346
2023-09-0130165.842097364242
2023-10-0129181.593744303085
2023-11-0130808.174581899926
2023-12-0133781.67298524574
2024-01-0128905.88632308022
2024-02-0127736.843233679854
2024-03-0128616.343339082454
2024-04-0130043.30491490893
2024-05-0130682.948115028503
2024-06-0133733.11219236042
2024-07-0132369.80362399045
2024-08-0132793.52331082886
2024-09-0134699.75007005152
2024-10-0134772.873820138426
2024-11-0135981.9215643555
2024-12-0135517.13142334653
2025-01-0134032.61916101514
2025-02-0134706.76203835862
2025-03-0136626.01137852347
2025-04-0138565.29278933447
2025-05-0138963.97114856363
2025-06-0140539.00943368752
2025-07-0140978.97884276746
2025-08-0138643.936388633076
2025-09-0138619.571719683365
2025-10-0140093.69367761627
2025-11-0140918.06469179003
2025-12-0140252.07146159882
2026-01-0137736.3165305108
2026-02-0156447.11323907454
2026-03-0129707.8309359664
2026-04-0132302.774759045693
Annual Return Matrix
YearAnnual Return
20170.5626278315329261
20180.1403820426767144
20190.20927116740444984
20200.1290779102863282
20210.03446566054374722
20220.11334347494816432
20230.06185029998575042
20240.051372779520385325
20250.1333142584578173
2026-0.19748789103032605
Total Factor Risk
0.36617910459711095
VTI.US Exposure
0.21124127373789983
VEA.US Exposure
0.28093581488489866
VWO.US Exposure
-0.026930780319233426
QQQ.US Exposure
-0.045741457493830386
VTV.US Exposure
-0.0443994574313634
IJR.US Exposure
-0.029389178920424947
QUAL.US Exposure
0.012408200340668038
SHV.US Exposure
0.0676532696239413
TLT.US Exposure
0.05016278805434042
LQD.US Exposure
-0.01677450149457546
HYG.US Exposure
-0.005912862601061066
GLD.US Exposure
0.11500825926445722
USO.US Exposure
0.026144874580593534
VNQ.US Exposure
0.02016079027090432
BTC-USD.CC Exposure
-0.0006984003632162187
CPER.US Exposure
-0.015773830847421413
VIX.INDX Exposure
0.02982555436989135
UUP.US Exposure
-0.017616489688819563
TIP.US Exposure
-0.003356437937675699
Idiosyncratic Exposure
0.3930525719700271
Value Score
42.6
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
36.6%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →18.4x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$14.2T
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-8.2%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-16.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
42.8% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.00
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is HDFC Bank Limited a high-risk investment?

HDFC Bank Limited (HDFCBANK.NSE) has an annualized volatility of 36.6% and experienced a maximum drawdown of 47.4% over the last 10 years. Its primary macro risk driver is VEA.US.

What is the 10-year return of HDFCBANK.NSE?

Over the past 10 years, HDFCBANK.NSE has generated a Compound Annual Growth Rate (CAGR) of 11.4%. It has had a positive return in 90% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

Run a Full Backtest on HDFC Bank Limited

stresstest.pro lets you simulate DCA vs Lump Sum, Monte Carlo projections, portfolio optimisation, and more — all in seconds.

Start a Free Backtest