Dezerv

Fund Overview

Fund Size

Fund Size

₹685 Cr

Expense Ratio

Expense Ratio

2.37%

ISIN

ISIN

INF740KA1TN0

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

08 Dec 2023

About this fund

DSP Banking & Financial Services Fund Regular Growth is a Sector - Financial Services mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 6 months and 10 days, having been launched on 08-Dec-23.
As of 14-Jun-24, it has a Net Asset Value (NAV) of ₹10.87, Assets Under Management (AUM) of 684.91 Crores, and an expense ratio of 2.37%.
  • DSP Banking & Financial Services Fund Regular Growth has given a CAGR return of 8.72% since inception.
  • The fund's asset allocation comprises around 94.36% in equities, 0.00% in debts, and 5.64% in cash & cash equivalents.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+8.72%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity646.29 Cr94.36%
Others38.63 Cr5.64%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity163.49 Cr23.87%
ICICI Bank LtdEquity121.25 Cr17.70%
Bajaj Finserv LtdEquity62.21 Cr9.08%
Treps / Reverse Repo InvestmentsCash - Repurchase Agreement48.08 Cr7.02%
REC LtdEquity36.27 Cr5.29%
Bajaj Finance LtdEquity35.07 Cr5.12%
Nippon Life India Asset Management Ltd Ordinary SharesEquity27.13 Cr3.96%
Cholamandalam Investment and Finance Co LtdEquity25.28 Cr3.69%
AU Small Finance Bank LtdEquity23.66 Cr3.45%
Shriram Finance LtdEquity23.54 Cr3.44%
Axis Bank LtdEquity19.93 Cr2.91%
Power Finance Corp LtdEquity19.75 Cr2.88%
Bank of IndiaEquity15.36 Cr2.24%
Life Insurance Corporation of IndiaEquity13.44 Cr1.96%
Housing & Urban Development Corp LtdEquity13.15 Cr1.92%
KFin Technologies LtdEquity10.31 Cr1.51%
Can Fin Homes LtdEquity9.61 Cr1.40%
Net Receivables/PayablesCash-9.45 Cr1.38%
Union Bank of IndiaEquity9.25 Cr1.35%
Fusion Micro Finance LtdEquity6.85 Cr1.00%
Prudent Corporate Advisory Services LtdEquity5.8 Cr0.85%
5paisa Capital Ltd Ordinary SharesEquity3.98 Cr0.58%
IIFL Finance LtdEquity0.95 Cr0.14%

Allocation By Market Cap (Equity)

Large Cap Stocks

77.31%

Mid Cap Stocks

9.80%

Small Cap Stocks

7.26%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services635.97 Cr92.85%
Technology10.31 Cr1.51%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

16.57%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.55

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.98

Higher the better

Fund Managers

JK

Jay Kothari

Since December 2023

DG

Dhaval Gada

Since December 2023

Additional Scheme Detailsas of 31st May 2024

ISININF740KA1TN0Expense Ratio2.37%Exit LoadNo ChargesFund Size₹685 CrAge08 Dec 2023Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Financial Services TR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Sector - Financial Services Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata Nifty Private Bank ETF

Very High Risk

0.1%-₹8.96 Cr10.7%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2734.96 Cr83.9%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1580.70 Cr84.0%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2364.43 Cr14.3%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹1911.12 Cr14.1%
Axis NIFTY Bank ETF

Very High Risk

0.2%-₹234.09 Cr14.3%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.8%1.0%₹7107.43 Cr20.1%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.2%1.0%₹1056.18 Cr25.2%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5462.71 Cr26.0%

About the AMC

Total AUM

₹1,49,790 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
DSP Multicap Fund Direct Growth

Low Risk

0.6%1.0%₹1037.46 Cr-
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹72.92 Cr-
DSP Banking & Financial Services Fund Direct Growth

Very High Risk

0.9%0.0%₹684.91 Cr-
DSP Gold ETF Fund of Fund Direct Growth

High Risk

0.6%0.0%₹26.43 Cr-
DSP Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%1.0%₹1692.42 Cr-
DSP FMP - Series 264 - 60M - 17D Direct Growth

Low to Moderate Risk

-0.0%₹47.21 Cr7.2%
DSP FMP Series 267 - 1246 Days Direct Growth

Low to Moderate Risk

-0.0%₹635.34 Cr7.1%
DSP FMP Series 261 37 Month Direct Growth

Moderate Risk

----
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth

Low to Moderate Risk

-0.0%-7.1%
DSP FMP Series 268 - 1281 Days Direct Growth

Low to Moderate Risk

---7.2%
DSP FMP Series 252 38 Month Direct Growth

Moderate Risk

-0.0%--
DSP Banking & PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹2505.18 Cr7.3%
DSP Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

0.7%1.0%₹3125.59 Cr22.1%
DSP Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1648.64 Cr6.8%
DSP Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹527.58 Cr26.4%
DSP Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹613.85 Cr66.1%
DSP Healthcare Fund Direct Growth

Very High Risk

0.7%0.0%₹2363.39 Cr47.6%
DSP Global Allocation Fund Direct Growth

Very High Risk

1.4%0.0%₹64.57 Cr13.1%
DSP Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4315.80 Cr7.3%
DSP Value Fund Direct Growth

Very High Risk

0.9%1.0%₹803.12 Cr38.0%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹2279.62 Cr6.9%
DSP Bond Fund Direct Growth

Moderately High risk

0.4%0.0%₹356.20 Cr7.0%
DSP Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹10558.54 Cr39.6%
DSP Government Securities Direct Growth

Moderate Risk

0.6%0.0%₹1012.28 Cr8.9%
DSP Equity & Bond Fund Direct Growth

Very High Risk

0.7%1.0%₹9131.81 Cr30.1%
DSP Focus Fund Direct Growth

Very High Risk

1.0%1.0%₹2338.45 Cr44.7%
DSP Credit Risk Fund Direct Growth

Moderately High risk

0.4%1.0%₹194.02 Cr16.2%
DSP India TIGER Fund Direct Growth

Very High Risk

1.1%1.0%₹4385.95 Cr81.8%
DSP Liquidity Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹13929.36 Cr7.4%
DSP Regular Saving Fund Direct Growth

Moderately High risk

0.6%0.0%₹172.43 Cr14.2%
DSP Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹13781.07 Cr42.5%
DSP Ultra Short Fund Direct Growth

Moderate Risk

0.3%0.0%₹2684.08 Cr7.6%
DSP Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹2972.58 Cr7.1%
DSP Midcap Fund Direct Growth

Very High Risk

0.8%1.0%₹17667.73 Cr54.0%
DSP Natural Resource & New Energy Fund Direct Growth

Very High Risk

1.1%0.0%₹1173.06 Cr58.7%
DSP Equity Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹11991.26 Cr52.4%
DSP Strategic Bond Fund Direct Growth

Moderate Risk

0.5%0.0%₹1015.21 Cr8.7%
DSP Savings Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹4605.33 Cr7.4%
DSP Tax Saver Fund Direct Growth

Very High Risk

0.8%0.0%₹15161.20 Cr48.5%
DSP World Agriculture Direct Growth

Very High Risk

1.7%0.0%₹14.32 Cr-6.1%
DSP Top 100 Equity Fund Direct Growth

Very High Risk

1.2%1.0%₹3716.97 Cr37.7%
DSP US Flexible Equity Fund Direct Growth

Very High Risk

1.5%0.0%₹882.01 Cr21.1%
DSP World Energy Direct Growth

Very High Risk

1.5%0.0%₹140.86 Cr-1.2%
DSP World Gold Fund of Fund Direct Growth

Very High Risk

1.7%0.0%₹907.21 Cr6.1%
DSP World Mining Direct Growth

Very High Risk

1.5%0.0%₹165.75 Cr-3.1%
DSP Equity Savings Fund Direct Growth

Moderately High risk

0.5%0.0%₹1206.01 Cr15.8%
DSP Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹5226.64 Cr8.4%
DSP Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹2620.46 Cr6.7%
DSP 10Y G-Sec Fund Direct Growth

Moderate Risk

0.3%0.0%₹49.78 Cr6.8%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹91.92 Cr7.0%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of DSP Banking & Financial Services Fund Regular Growth, as of 14-Jun-2024, is ₹10.87.
The fund's allocation of assets is distributed as 94.36% in equities, 0.00% in bonds, and 5.64% in cash and cash equivalents.
The fund managers responsible for DSP Banking & Financial Services Fund Regular Growth are:-
  1. Jay Kothari
  2. Dhaval Gada