DSP Nifty Bank ETF

Fund Overview

Fund Size

₹529 Cr

Expense Ratio

0.16%

ISIN

INF740KA1RX3

Minimum SIP

Exit Load

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, 10 months and 19 days, having been launched on 03-Jan-23.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹51.08, Assets Under Management (AUM) of 528.87 Crores, and an expense ratio of 0.16%.

DSP Nifty Bank ETF has given a CAGR return of 9.06% since inception.
The fund's asset allocation comprises around 99.99% in equities, 0.00% in debts, and 0.01% 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

+16.10%

+16.56% (Cat Avg.)

Since Inception

+9.06%

— (Cat Avg.)

Portfolio Summaryas of 31st October 2024

Equity	₹528.82 Cr	99.99%
Others	₹0.05 Cr	0.01%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹151.84 Cr	28.71%
ICICI Bank Ltd	Equity	₹130.35 Cr	24.65%
State Bank of India	Equity	₹53.52 Cr	10.12%
Axis Bank Ltd	Equity	₹47.32 Cr	8.95%
Kotak Mahindra Bank Ltd	Equity	₹47.2 Cr	8.92%
IndusInd Bank Ltd	Equity	₹22.35 Cr	4.23%
The Federal Bank Ltd	Equity	₹15.99 Cr	3.02%
Bank of Baroda	Equity	₹14.99 Cr	2.83%
IDFC First Bank Ltd	Equity	₹13.91 Cr	2.63%
Canara Bank	Equity	₹11.08 Cr	2.09%
AU Small Finance Bank Ltd	Equity	₹10.99 Cr	2.08%
Punjab National Bank	Equity	₹9.29 Cr	1.76%
Treps / Reverse Repo Investments	Cash - Repurchase Agreement	₹0.11 Cr	0.02%
Net Receivables/Payables	Cash	₹-0.06 Cr	0.01%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹528.82 Cr	99.99%

Risk & Performance Ratios

Fund Managers

Anil Ghelani

Since January 2023

Diipesh Shah

Since January 2023

Additional Scheme Detailsas of 31st October 2024

ISIN

INF740KA1RX3

Expense Ratio

0.16%

Exit Load

Fund Size

₹529 Cr

Age

1 year 10 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Bank TR INR

Investment 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

Capital Gains Taxation:

Dividend Taxation:

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 Sector - Financial Services Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Tata Nifty Private Bank ETF Very High Risk	0.1%	-	₹10.92 Cr	9.7%
Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk	-	-	-	-
Nippon India ETF Nifty PSU Bank BeES Very High Risk	0.5%	-	₹2481.67 Cr	25.4%
Kotak Nifty PSU Bank ETF Very High Risk	0.5%	-	₹1396.39 Cr	25.4%
HDFC Nifty Bank ETF Very High Risk	0.2%	-	₹2818.24 Cr	16.1%
ICICI Prudential Nifty Private Banks ETF Very High Risk	0.1%	-	₹1911.12 Cr	14.1%
Axis NIFTY Bank ETF Very High Risk	0.2%	-	₹239.75 Cr	16.0%
ICICI Prudential Banking and Financial Services Regular Growth Very High Risk	1.8%	1.0%	₹8850.47 Cr	19.2%
UTI Banking and Financial Services Fund Regular Growth Very High Risk	2.2%	1.0%	₹1159.45 Cr	20.8%
Nippon India Banking & Financial Services Fund Regular Growth Very High Risk	1.9%	1.0%	₹6237.85 Cr	18.9%

About the AMC

DSP Mutual Fund

+91 18002084499

https://www.dspim.com/

Total AUM

₹1,91,740 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Multicap Fund Direct Growth Low Risk	0.5%	1.0%	₹1756.94 Cr	-
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹180.58 Cr	-
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹992.59 Cr	-
DSP Gold ETF Fund of Fund Direct Growth High Risk	0.6%	0.0%	₹42.85 Cr	23.3%
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	1.0%	₹2273.39 Cr	24.0%
DSP FMP - Series 264 - 60M - 17D Direct Growth Low to Moderate Risk	-	0.0%	₹49.06 Cr	8.7%
DSP FMP Series 267 - 1246 Days Direct Growth Low to Moderate Risk	-	0.0%	₹658.70 Cr	8.2%
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%	-	8.2%
DSP FMP Series 268 - 1281 Days Direct Growth Low to Moderate Risk	-	-	-	8.4%
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%	₹3103.26 Cr	9.0%
DSP Dynamic Asset Allocation Fund Direct Growth Moderately High risk	0.7%	1.0%	₹3212.31 Cr	19.5%
DSP Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2980.51 Cr	6.7%
DSP Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹642.70 Cr	19.1%
DSP Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹838.01 Cr	43.1%
DSP Healthcare Fund Direct Growth Very High Risk	0.6%	0.0%	₹3138.46 Cr	48.9%
DSP Global Allocation Fund Direct Growth Very High Risk	1.5%	0.0%	₹52.61 Cr	17.1%
DSP Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5658.59 Cr	7.8%
DSP Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹897.36 Cr	30.3%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2215.68 Cr	8.7%
DSP Bond Fund Direct Growth Moderately High risk	0.3%	0.0%	₹376.93 Cr	8.4%
DSP Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹11788.58 Cr	28.6%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹1538.68 Cr	11.0%
DSP Equity & Bond Fund Direct Growth Very High Risk	0.7%	1.0%	₹10327.37 Cr	26.1%
DSP Focus Fund Direct Growth Very High Risk	1.0%	1.0%	₹2546.18 Cr	29.8%
DSP Credit Risk Fund Direct Growth Moderately High risk	0.4%	1.0%	₹188.14 Cr	8.6%
DSP India TIGER Fund Direct Growth Very High Risk	0.8%	1.0%	₹5406.16 Cr	45.5%
DSP Liquidity Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹23614.31 Cr	7.5%
DSP Regular Saving Fund Direct Growth Moderately High risk	0.5%	0.0%	₹184.82 Cr	13.8%
DSP Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹16147.05 Cr	25.0%
DSP Ultra Short Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3231.69 Cr	7.7%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2844.74 Cr	8.5%
DSP Midcap Fund Direct Growth Very High Risk	0.8%	1.0%	₹19015.30 Cr	30.0%
DSP Natural Resource & New Energy Fund Direct Growth Very High Risk	1.0%	0.0%	₹1245.87 Cr	32.5%
DSP Equity Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹13804.22 Cr	35.1%
DSP Strategic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1789.13 Cr	10.7%
DSP Savings Fund Direct Growth Moderate Risk	0.2%	0.0%	₹4111.96 Cr	7.7%
DSP Tax Saver Fund Direct Growth Very High Risk	0.8%	0.0%	₹16841.49 Cr	35.9%
DSP World Agriculture Direct Growth Very High Risk	1.5%	0.0%	₹12.18 Cr	7.1%
DSP Top 100 Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹4470.18 Cr	31.1%
DSP US Flexible Equity Fund Direct Growth Very High Risk	1.5%	0.0%	₹852.79 Cr	21.6%
DSP World Energy Direct Growth Very High Risk	1.5%	0.0%	₹131.32 Cr	4.0%
DSP World Gold Fund of Fund Direct Growth Very High Risk	1.7%	0.0%	₹1120.06 Cr	34.8%
DSP World Mining Direct Growth Very High Risk	1.5%	0.0%	₹141.35 Cr	8.6%
DSP Equity Savings Fund Direct Growth Moderate Risk	0.4%	0.0%	₹2161.54 Cr	16.4%
DSP Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5917.04 Cr	8.3%
DSP Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹2510.88 Cr	8.1%
DSP 10Y G-Sec Fund Direct Growth Moderate Risk	0.3%	0.0%	₹55.95 Cr	9.4%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹92.05 Cr	8.7%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of DSP Nifty Bank ETF?

The NAV of DSP Nifty Bank ETF, as of 21-Nov-2024, is ₹51.08.

What is the portfolio composition of DSP Nifty Bank ETF?

The fund's allocation of assets is distributed as 99.99% in equities, 0.00% in bonds, and 0.01% in cash and cash equivalents.

Who manages the DSP Nifty Bank ETF?

The fund managers responsible for DSP Nifty Bank ETF are:-

Anil Ghelani
Diipesh Shah

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview