Dezerv

Fund Overview

Fund Size

Fund Size

₹237 Cr

Expense Ratio

Expense Ratio

0.16%

ISIN

ISIN

INF740KA1RX3

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

-

Inception Date

Inception Date

03 Jan 2023

About this fund

DSP Nifty Bank ETF is a Sector - Financial Services mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 1 years, 4 months and 24 days, having been launched on 03-Jan-23.
As of 24-May-24, it has a Net Asset Value (NAV) of ₹49.54, Assets Under Management (AUM) of 236.68 Crores, and an expense ratio of 0.16%.
  • DSP Nifty Bank ETF has given a CAGR return of 10.03% since inception.
  • The fund's asset allocation comprises around 99.98% in equities, 0.00% in debts, and 0.02% 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.

1 Year

+13.18%

+21.83% (Cat Avg.)

Since Inception

+10.03%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity236.63 Cr99.98%
Others0.04 Cr0.02%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity68.72 Cr29.04%
ICICI Bank LtdEquity56.36 Cr23.81%
Axis Bank LtdEquity23.1 Cr9.76%
State Bank of IndiaEquity22.65 Cr9.57%
Kotak Mahindra Bank LtdEquity18.71 Cr7.91%
IndusInd Bank LtdEquity15.25 Cr6.44%
Bank of BarodaEquity7.97 Cr3.37%
Punjab National BankEquity6.38 Cr2.69%
The Federal Bank LtdEquity5.54 Cr2.34%
IDFC First Bank LtdEquity4.95 Cr2.09%
AU Small Finance Bank LtdEquity4.64 Cr1.96%
Bandhan Bank LtdEquity2.35 Cr0.99%
Treps / Reverse Repo Investments / Corporate Debt RepoCash - Repurchase Agreement0.09 Cr0.04%
Net Receivables/PayablesCash-0.05 Cr0.02%

Allocation By Market Cap (Equity)

Large Cap Stocks

92.59%

Mid Cap Stocks

7.39%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services236.63 Cr99.98%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

17.10%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.73

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.35

Higher the better

Fund Managers

Anil Ghelani

Anil Ghelani

Since January 2023

DS

Diipesh Shah

Since January 2023

Additional Scheme Detailsas of 30th April 2024

ISININF740KA1RX3Expense Ratio0.16%Exit Load-Fund Size₹237 CrAge03 Jan 2023Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Bank TR INR

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%-₹8.67 Cr10.2%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2875.67 Cr85.8%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1687.15 Cr85.9%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2439.51 Cr13.1%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

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

Very High Risk

0.2%-₹201.28 Cr13.1%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.8%1.0%₹7423.85 Cr19.2%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.3%1.0%₹1079.86 Cr22.6%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5541.72 Cr25.9%

About the AMC

Total AUM

₹1,43,004 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%₹948.29 Cr-
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹70.06 Cr-
DSP Banking & Financial Services Fund Direct Growth

Very High Risk

0.9%0.0%₹609.13 Cr-
DSP Gold ETF Fund of Fund Direct Growth

High Risk

0.6%0.0%₹23.81 Cr-
DSP Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%1.0%₹1607.56 Cr-
DSP FMP - Series 264 - 60M - 17D Direct Growth

Low to Moderate Risk

-0.0%₹47.05 Cr6.8%
DSP FMP Series 267 - 1246 Days Direct Growth

Low to Moderate Risk

-0.0%₹633.07 Cr6.9%
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%-6.9%
DSP FMP Series 268 - 1281 Days Direct Growth

Low to Moderate Risk

---6.9%
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%₹2509.22 Cr7.2%
DSP Dynamic Asset Allocation Fund Direct Growth

Moderate Risk

0.7%1.0%₹3110.44 Cr21.3%
DSP Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1768.56 Cr6.8%
DSP Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹520.26 Cr26.7%
DSP Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹520.02 Cr69.0%
DSP Healthcare Fund Direct Growth

Very High Risk

0.7%0.0%₹2343.94 Cr53.0%
DSP Global Allocation Fund Direct Growth

Very High Risk

1.4%0.0%₹61.58 Cr15.0%
DSP Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4297.11 Cr7.3%
DSP Value Fund Direct Growth

Very High Risk

0.9%1.0%₹812.45 Cr38.7%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹2274.80 Cr6.7%
DSP Bond Fund Direct Growth

Moderately High risk

0.4%0.0%₹358.29 Cr6.9%
DSP Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹10409.46 Cr39.1%
DSP Government Securities Direct Growth

Moderate Risk

0.6%0.0%₹772.57 Cr8.4%
DSP Equity & Bond Fund Direct Growth

Very High Risk

0.7%1.0%₹9044.39 Cr29.4%
DSP Focus Fund Direct Growth

Very High Risk

1.0%1.0%₹2284.02 Cr45.0%
DSP Credit Risk Fund Direct Growth

Moderately High risk

0.4%1.0%₹193.80 Cr16.1%
DSP India TIGER Fund Direct Growth

Very High Risk

1.1%1.0%₹3814.79 Cr88.7%
DSP Liquidity Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹10584.97 Cr7.3%
DSP Regular Saving Fund Direct Growth

Moderately High risk

0.6%0.0%₹172.19 Cr14.4%
DSP Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹14072.97 Cr43.9%
DSP Ultra Short Fund Direct Growth

Moderate Risk

0.3%0.0%₹2688.60 Cr7.6%
DSP Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹2965.25 Cr7.0%
DSP Midcap Fund Direct Growth

Very High Risk

0.8%1.0%₹17079.09 Cr51.5%
DSP Natural Resource & New Energy Fund Direct Growth

Very High Risk

1.1%0.0%₹1093.75 Cr63.7%
DSP Equity Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹11631.00 Cr50.5%
DSP Strategic Bond Fund Direct Growth

Moderate Risk

0.5%0.0%₹1019.05 Cr8.2%
DSP Savings Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹4565.72 Cr7.4%
DSP Tax Saver Fund Direct Growth

Very High Risk

0.8%0.0%₹14859.56 Cr46.5%
DSP World Agriculture Direct Growth

Very High Risk

1.7%0.0%₹16.58 Cr-5.4%
DSP Top 100 Equity Fund Direct Growth

Very High Risk

1.2%1.0%₹3694.78 Cr37.0%
DSP US Flexible Equity Fund Direct Growth

Very High Risk

1.5%0.0%₹863.66 Cr24.0%
DSP World Energy Direct Growth

Very High Risk

1.5%0.0%₹134.44 Cr5.1%
DSP World Gold Fund of Fund Direct Growth

Very High Risk

1.7%0.0%₹868.29 Cr11.2%
DSP World Mining Direct Growth

Very High Risk

1.5%0.0%₹160.48 Cr12.6%
DSP Equity Savings Fund Direct Growth

Moderately High risk

0.5%0.0%₹1102.23 Cr16.1%
DSP Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹4376.78 Cr8.2%
DSP Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹2615.32 Cr6.6%
DSP 10Y G-Sec Fund Direct Growth

Moderate Risk

0.3%0.0%₹49.47 Cr6.5%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹86.68 Cr6.7%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of DSP Nifty Bank ETF, as of 24-May-2024, is ₹49.54.
The fund's allocation of assets is distributed as 99.98% in equities, 0.00% in bonds, and 0.02% in cash and cash equivalents.
The fund managers responsible for DSP Nifty Bank ETF are:-
  1. Anil Ghelani
  2. Diipesh Shah