Dezerv

Fund Overview

Fund Size

Fund Size

₹30 Cr

Expense Ratio

Expense Ratio

0.90%

ISIN

ISIN

INF740KA1UN8

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 22 days, having been launched on 31-May-24.
As of 21-Jun-24, it has a Net Asset Value (NAV) of ₹10.53, Assets Under Management (AUM) of 29.64 Crores, and an expense ratio of 0.9%.
  • The fund's asset allocation comprises around 99.46% in equities, 0.00% in debts, and 0.54% in cash & cash equivalents.
  • You can start investing in DSP Nifty Bank Index Fund Regular Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Portfolio Summaryas of 31st May 2024

Equity29.48 Cr99.46%
Others0.16 Cr0.54%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Treps / Reverse Repo InvestmentsCash - Repurchase Agreement29.92 Cr100.95%
Net Receivables/PayablesCash-29.76 Cr100.41%
HDFC Bank LtdEquity8.68 Cr29.28%
ICICI Bank LtdEquity6.88 Cr23.22%
Axis Bank LtdEquity2.89 Cr9.73%
State Bank of IndiaEquity2.83 Cr9.55%
Kotak Mahindra Bank LtdEquity2.43 Cr8.19%
IndusInd Bank LtdEquity1.84 Cr6.22%
Bank of BarodaEquity0.94 Cr3.17%
Punjab National BankEquity0.73 Cr2.48%
AU Small Finance Bank LtdEquity0.69 Cr2.34%
The Federal Bank LtdEquity0.69 Cr2.34%
IDFC First Bank LtdEquity0.58 Cr1.95%
Bandhan Bank LtdEquity0.29 Cr0.99%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services29.48 Cr99.46%

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 May 2024

ISININF740KA1UN8Expense Ratio0.90%Exit LoadNo ChargesFund Size₹30 CrAge31 May 2024Lumpsum Minimum₹100Fund 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 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%₹436.55 Cr55.3%
ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

0.9%0.0%₹436.55 Cr54.3%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹264.53 Cr66.0%
SBI Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹445.99 Cr54.7%
DSP Nifty 50 Equal Weight Index Fund Regular Growth

Very High Risk

1.0%0.0%₹1408.53 Cr34.8%
SBI Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹746.91 Cr61.9%
SBI Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹445.99 Cr55.6%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹264.53 Cr67.0%
DSP Nifty 50 Equal Weight Index Fund Direct Growth

Very High Risk

0.4%0.0%₹1408.53 Cr35.5%
SBI Nifty Smallcap 250 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹746.91 Cr60.9%

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 Regular Growth, as of 21-Jun-2024, is ₹10.53.
The fund's allocation of assets is distributed as 99.46% in equities, 0.00% in bonds, and 0.54% in cash and cash equivalents.
The fund managers responsible for DSP Nifty Bank Index Fund Regular Growth are:-
  1. Anil Ghelani
  2. Diipesh Shah