₹10,000 invested in HDFC Bank 10 years ago would be worth ₹24,114 today

Bought at the close of September 2016 and valued at the 8 October 2026 close, that is a +141% total return, or 9.2% a year. The same ₹10,000 in the Nifty 50, through the Nippon India Nifty 50 BeES ETF (NIFTYBEES), would be worth ₹28,778, so the share trailed the index by ₹4,663.
HDFCBANK value today
₹29,157
Total return
+192%
Per year
10.4%
Worst drop on the way
−32.4%
Same amount in the Nifty 50
₹33,289
HDFC Bank vs the Nifty 50
−₹4,132

Bought at the close of December 2015. Valued at the 2026-10-08 close with dividends reinvested; excludes taxes and fees.

HDFC Bank returns over 1 to 20 years

₹10,000 investedHDFCBANK todayPer yearWorst fallNifty 50 todayNifty 50 per year
1 year ago
Bought end of September 2025
₹7,127−28.2%−30.2%₹8,718−12.6%
3 years ago
Bought end of September 2023
₹9,793−0.7%−30.3%₹12,028+6.3%
5 years ago
Bought end of September 2021
₹9,347−1.3%−30.3%₹13,275+5.8%
10 years ago
Bought end of September 2016
₹24,114+9.2%−32.4%₹28,778+11.1%
Since December 2006
Bought end of December 2006
₹1,51,308+14.7%−48.3%n/an/a

Month-end NSE closes adjusted for splits, bonus issues and dividends, valued at the October 8, 2026 close. Nifty 50 figures use the Nippon India Nifty 50 BeES ETF (NIFTYBEES), whose price history starts in December 2008. Source: Yahoo Finance chart API, monthly closes with dividends reinvested. Excludes tax, fees and inflation. Methodology

Past returns don't repeat. What does the price assume now?

The table answers what already happened. A buyer today gets the next ten years, not the last ten, and the share price already reflects what the market expects. That expectation is what you're really betting on.

Run HDFC Bank through the reverse DCF calculator to see the growth today's price implies, then read our Indian market research for what is actually driving these companies. If the implied growth looks hard to reach, a great past return is no help.

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Frequently asked questions

How much would ₹10,000 invested in HDFC Bank 10 years ago be worth today?

About ₹24,114, a total return of +141%, bought at the close of September 2016 and valued at the 8 October 2026 close with dividends reinvested. The same ₹10,000 in the Nifty 50, through the Nippon India Nifty 50 BeES ETF (NIFTYBEES), would be worth ₹28,778, so the share trailed the index by ₹4,663.

What is HDFC Bank's average annual return?

9.2% a year compounded over that period. Since December 2006, the earliest month in our data, it is 14.7% a year.

What was the worst fall in HDFC Bank shares along the way?

Measured on month-end prices, HDFC Bank fell as much as 32.4% from a previous high during that period. Sitting through falls like that is the hard part of earning the long-run return.

Do these numbers include dividends?

Yes. They use month-end NSE prices adjusted for splits, bonus issues and dividends, which assumes every dividend was reinvested. They ignore tax, dealing costs and inflation.

Will HDFC Bank keep returning this much?

Past returns don't tell you future returns. What matters now is the growth today's share price already assumes. A reverse DCF shows that number, so you can judge whether it is realistic.

The math is easy. The macro is hard.

HDFC Bank Financial Services shows the arithmetic. Members get the monthly call that decides which inputs matter, plus written breakpoints when the facts move. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included