Loading...

Fund Overview

Fund Size

Fund Size

₹43 Cr

Expense Ratio

Expense Ratio

0.17%

ISIN

ISIN

INF740KA1UO6

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

31 May 2024

About this fund

This fund has been in existence for 6 months and 7 days, having been launched on 31-May-24.
As of 06-Dec-24, it has a Net Asset Value (NAV) of ₹10.93, Assets Under Management (AUM) of 42.68 Crores, and an expense ratio of 0.17%.
  • DSP Nifty Bank Index Fund Direct Growth has given a CAGR return of 9.31% since inception.
  • The fund's asset allocation comprises around 99.82% in equities, 0.00% in debts, and 0.18% in cash & cash equivalents.
  • You can start investing in DSP Nifty Bank Index Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

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

+9.31%

(Cat Avg.)

Portfolio Summaryas of 31st October 2024

Equity42.61 Cr99.82%
Others0.08 Cr0.18%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity12.23 Cr28.66%
ICICI Bank LtdEquity10.5 Cr24.61%
State Bank of IndiaEquity4.31 Cr10.10%
Axis Bank LtdEquity3.81 Cr8.93%
Kotak Mahindra Bank LtdEquity3.8 Cr8.91%
IndusInd Bank LtdEquity1.8 Cr4.22%
The Federal Bank LtdEquity1.29 Cr3.02%
Bank of BarodaEquity1.21 Cr2.83%
IDFC First Bank LtdEquity1.12 Cr2.62%
Treps / Reverse Repo InvestmentsCash - Repurchase Agreement1.07 Cr2.50%
Net Receivables/PayablesCash-0.99 Cr2.32%
Canara BankEquity0.89 Cr2.09%
AU Small Finance Bank LtdEquity0.89 Cr2.07%
Punjab National BankEquity0.75 Cr1.75%

Allocation By Market Cap (Equity)

Large Cap Stocks

92.11%

Mid Cap Stocks

7.72%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services42.61 Cr99.82%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Anil Ghelani

Anil Ghelani

Since May 2024

DS

Diipesh Shah

Since May 2024

Additional Scheme Detailsas of 31st October 2024

ISIN
INF740KA1UO6
Expense Ratio
0.17%
Exit Load
No Charges
Fund Size
₹43 Cr
Age
6 months
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
Nifty 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Index Funds Funds

Fund nameExpense RatioExit LoadFund size
1Y
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹565.80 Cr32.2%
ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

0.9%0.0%₹565.80 Cr31.4%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹471.41 Cr33.5%
SBI Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹670.31 Cr31.5%
DSP Nifty 50 Equal Weight Index Fund Regular Growth

Very High Risk

0.9%0.0%₹1886.93 Cr19.2%
SBI Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹1190.98 Cr35.2%
SBI Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹670.31 Cr32.3%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹471.41 Cr34.3%
DSP Nifty 50 Equal Weight Index Fund Direct Growth

Very High Risk

0.4%0.0%₹1886.93 Cr19.9%
SBI Nifty Smallcap 250 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹1190.98 Cr34.3%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of DSP Nifty Bank Index Fund Direct Growth, as of 06-Dec-2024, is ₹10.93.
The fund's allocation of assets is distributed as 99.82% in equities, 0.00% in bonds, and 0.18% in cash and cash equivalents.
The fund managers responsible for DSP Nifty Bank Index Fund Direct Growth are:-
  1. Anil Ghelani
  2. Diipesh Shah