DSP Nifty Bank Index Fund
Plan type

	CAGR since inception

Scheme Type:

Index Fund

Scheme Risk:
Very High Risk
Age:
1 years 1 month since May 31, 2024
AUM:
Rs. 53.64 crores as of Jun 30, 2025
Horizon:
10 Years+
Benchmark:
Nifty Bank TRI
Benchmark Risk:
Very High Risk
Goal:
Capital Growth & Income

Scheme features

Performance

Cumulative returns

Returns from of Rs. invested

Show:

Annualized Returns

Absolute Returns

This scheme		Nifty Bank …	NIFTY 50 TR…	Gold	PPF
NA	vs	NA	NA	NA	NA
NA	vs	NA	NA	NA	NA

Scheme disclaimers »

Returns calculator

	This scheme	Nifty Bank … ^#	NIFTY 50 TR… ^#	Gold	PPF
# Returns do not reflect any income distribution cum capital withdrawal (IDCW) distribution

Scheme disclaimers »

Returns summary

Scheme disclaimers »

Rolling returns

	1 Year	3 Years	5 Years	10 Years
# Rolling returns have been calculated based on returns from regular plan growth option.

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Fund Managers

Anil Ghelani, CFA

Total work experience of 27 years. Managing this fund since May 2024. See all funds managed by Anil Ghelani, CFA »
Diipesh Shah

Total work experience of 23 years. Managing this fund since May 2024. See all funds managed by Diipesh Shah »

Investment Objective

The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty Bank Index, subject to tracking error.
There is no assurance that the investment objective of the Scheme will be achieved.

Scheme Documents

KIM & Application

Historical Returns

In SEBI format

Comparative performance of DSP Nifty Bank Index Fund as of
	DSP Nifty Bank Inde…	Nifty Bank … ^{^}	NIFTY 50 TR… ^#	Tracking difference
Date of allotment: May 31, 2024. Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan. Since inception returns have been calculated from the date of allotment till June 28, 2013 See all funds managed by Anil Ghelani, CFA » See all funds managed by Diipesh Shah » Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments ^ Fund Benchmark # Additional Benchmark

Scheme disclaimers »

Portfolio as of Jun 30, 2025

Equity

Market capitalization

No data to display

Sector allocation

No data to display

Top 5 stocks by holding
Name	% of Net Assets
HDFC BANK LIMITED	27.89%
ICICI BANK LIMITED	24.98%
STATE BANK OF INDIA	8.63%
AXIS BANK LIMITED	8.32%
KOTAK MAHINDRA BANK LIMITED	8.28%
See detailed equity holdings » Top Group Holdings »

Debt & debt instruments

Credit rating profile

No data to display

Instrument break-up

No data to display

Top instruments by holding
Name	% of Net Assets
TREPS / REVERSE REPO INVESTMENTS	0.33%
See detailed debt holdings » Top Group Holdings »

Prescribed Asset Allocation

95% - 100% Equity and Equity Related Sec…
0% - 5% Cash and Cash Equivalents

Current Asset Allocation as of Jun 30, 2025

Equity & equity related securities 99.01% (99.01}%)
Debt Instruments see breakup 0.33% (0.33}%)

Indicators

Portfolio turnover ratio last 12 months
0.46
Tracking Error
0.07 %
Tracking Error (Abs.)
0.005 %

Anil Ghelani, CFA

Anil has been working with DSP Group since 2003. The DSP Group has a legacy of more than 160 years, making it one of the oldest and most respected financial services firms in India. He is currently Head of Passive Investments & Products, managing a range of ETFs and Index Funds across asset classes. Previously, he served as the CEO & Chief Investment Officer at DSP Pension Fund Managers. Earlier in his career at DSP, he led the Risk and Quantitative Analysis team providing quantitative research inputs and buy-side credit research on companies across various sectors. Prior to joining DSP, Anil worked at IL&FS Asset Management Company and at S.R. Batliboi a member firm of EY. Anil has been a volunteer with the CFA Society India for more than a decade and has served as the Vice Chairman on the board.

All Funds managed by Anil Ghelani, CFA
Sr. No.	Scheme Name	Managing since	Period
Sr. No.	Scheme Name	Managing since	1 Year		3 Years		5 Years
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Diipesh Shah

Diipesh has a total work experience of Over 20 years. He is working with DSP from September 2019 as a Dealer for ETF and Passive Investments. Now he is also Fund Manager of various schemes of DSP Mutual Fund. Diipesh has also worked with JM Financial Institutional Broking Limited, Centrum Boking Limited, IDFC Securities Limited and Kotak Securities Limited as Institutional Equity Sales Trading. He is a Chartered Accountant (ICAI India) and also holds a Bachelor of Commerce Degree.

All Funds managed by Diipesh Shah
Sr. No.	Scheme Name	Managing since	Period
Sr. No.	Scheme Name	Managing since	1 Year		3 Years		5 Years
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Equity holdings for DSP Nifty Bank Index Fund

Banks
99.01%

Name	% of Net Assets
HDFC BANK LIMITED	27.89%
ICICI BANK LIMITED	24.98%
STATE BANK OF INDIA	8.63%
AXIS BANK LIMITED	8.32%
KOTAK MAHINDRA BANK LIMITED	8.28%
INDUSIND BANK LIMITED	3.68%
THE FEDERAL BANK LIMITED	3.35%
IDFC FIRST BANK LIMITED	3.08%
BANK OF BARODA	2.95%
AU SMALL FINANCE BANK LIMITED	2.94%
CANARA BANK	2.47%
PUNJAB NATIONAL BANK	2.44%

100% of Equity and equity related securities

Debt holdings for DSP Nifty Bank Index Fund

TREPS0.33%

Name	Rating	% of Net Assets
TREPS / REVERSE REPO INVESTMENTS	--	0.33%

100% of Debt instruments

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days.
Returns for investments in income distribution cum capital withdrawal (IDCW) plans of schemes are calculated after assuming that the net income distribution cum capital withdrawal (IDCW) payouts post statutory taxes & levies, are re-invested back in the scheme.
Income distribution cum capital withdrawals (IDCW) declared from benchmark's constituents isn't taken into account when comparing with investment in fund's income distribution cum capital withdrawal (IDCW) plans.
Performance is always compared against the latest benchmark of the fund irrespective of the date of change of fund's benchmark, if any.
Except when SIP tenure is since inception, for all tenures, the start day for SIP investments is considered as 1st of every month. There is no end date to SIPs for the purpose of graphs.
For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.
Gold prices are available post 29 JAN, 2005 & are based on daily closing values on MCX.
Investment in gold has a strong global market demand and gold is highly liquid asset.
PPF interest rate is assumed at 8.7% p.a. & interest received is compounded daily for the returns illustration in the charts.
The comparison with PPF (and other traditional saving instruments/assets) has been given for the purpose of the general information only. Investments in mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike traditional saving instruments there is no capital protection guarantee or assurance of any return in mutual fund investment. Traditional savings instruments are comparatively low risk products and are generally backed by the Government. Investment in mutual funds carries high risk as compared to the traditional saving instruments and any investment decision needs to be taken only after consulting the Tax Consultant or Mutual Fund Distributor.
Past performance may or may not sustain in future and should not be used as a basis for comparison with other investments. There is no assurance of any returns/capital protection/capital guarantee to the investors in any scheme of DSP Mutual Fund.
Pursuant to payments of Income Distribution cum Capital Withdrawal, the NAV of the IDCW option(s) of Schemes would fall to the extent of payout, and statutory levy, if any.
The sector(s)/stock(s)/issuer(s) mentioned in this document do not constitute any recommendation of the same and the Fund may or may not have any future position in these sector(s)/stock(s)/issuer(s).
The investment approach / framework/ strategy / portfolio / other data mentioned herein are dated and currently followed by the scheme and the same may change in future depending on market conditions and other factors.
Tracking Difference is computed as the difference between the performance of the Scheme and its Benchmark in annualised term.
Tracking Difference shall be disclosed only if the Scheme has completed 1 year period.
Fund returns used for computation are net of TER and of Growth option and benchmark returns are of total return index.
For DSP NIFTY 1D Rate Liquid ETF, growth returns are computed based on IDCW plan assuming reinvestment of payouts but gross of statutory taxes & levies and net of TER.

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Performance

Historical Returns

Portfolio as of Jun 30, 2025

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DSP Equity Savings Fund presentation

Anil Ghelani, CFA

Diipesh Shah

Equity holdings for DSP Nifty Bank Index Fund

Banks 99.01%

Debt holdings for DSP Nifty Bank Index Fund

TREPS0.33%

DSP Nifty Bank Index Fund presentation

Banks
99.01%