DSP Nifty Bank ETF

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Benchmark: Nifty Bank TRI

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Return:

Annualized

Absolute

This fund

Nifty Bank TRI

NIFTY 50 TRI

Total AUM

₹684.86 crores as of Apr 30, 2025

Age of Fund

2 years 5 months since Dec 26, 2022

Expense Ratio

0.15%
as of May 30, 2025

Exit Load

Nil

Goal of Investment

Capital Growth & Income

Ideal holding period

10 Years+

Indian (99.98%)

Large Cap	83.8%
Mid Cap	16.2%

Holdings
Sectors

Top Holdings	Weight %
HDFC Bank Limited	27.86 %
ICICI Bank Limited	25.15 %
Axis Bank Limited	8.45 %
State Bank of India	8.14 %
Kotak Mahindra Bank Limited	8.12 %
IndusInd Bank Limited	4.16 %
The Federal Bank Limited	3.63 %
Bank of Baroda	3.49 %
IDFC First Bank Limited	3.03 %
AU Small Finance Bank Limited	2.87 %
Punjab National Bank	2.60 %
Canara Bank	2.48 %
View All	99.98 %

Sectors Weight %

Banks 99.98 %

ICICI Bank Limited 25.15 %

Axis Bank Limited 8.45 %

IndusInd Bank Limited 4.16 %

The Federal Bank Limited 3.63 %

Canara Bank 2.48 %

Kotak Mahindra Bank Limited 8.12 %

IDFC First Bank Limited 3.03 %

AU Small Finance Bank Limited 2.87 %

Bank of Baroda 3.49 %

HDFC Bank Limited 27.86 %

State Bank of India 8.14 %

Punjab National Bank 2.60 %

Expand All

99.98 %

Indian (0.02%)

Credit rating profile	Weight %
Cash & Equivalent	100.0 %

Instrument break-up	Weight %
TREPS	100.0 %

Top Holdings	Weight %
TREPS / Reverse Repo Investments	0.01 %
Cash & cash equivalents	0.01 %
	0.02 %

Indicators

Portfolio turnover ratio

0.43 last 12 months

Tracking Error

0.05 %

Tracking Error (Abs.)

0.003 %

View Top Group Holdings

Compare Performance

Returns Highlights
Rolling Returns

Historical Returns (As per SEBI format)as of with investment of₹10,000

	This fund		Nifty Bank TRI ^{^}		NIFTY 50 TRI ^#		Tracking difference
	CAGR	Current Value	CAGR	Current Value	CAGR	Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date	Face Value	IDCW per unit	NAV Before	NAV After

Chart type:

Returns RangesStatistics

Invested Amount

₹

Invested period

Funds	Minimum	Median	Maximum	% times -ve returns	% times returns > 7%

Date of allotment: Dec 26, 2022.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

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.

^ Fund Benchmark # Standard Benchmark

Scheme disclaimers

Fund Details

Things to know before you invest

What is in DSP Nifty Bank ETF?

The DSP NIFTY Bank ETF is an open-ended scheme replicating/ tracking Nifty Bank Index. It invests in 12 most liquid and large-cap bank stocks that form part of the Nifty Bank Index in the same proportion as that of the index.

Why should one invest in DSP Nifty Bank ETF?

The Banking sector in the last few quarters has seen improvement in credit growth and net interest margins. Non-performing assets are at cyclicals lows. Balance sheets are in pink of health. Despite the recent run-up in prices, valuations are relatively favourable.
Economies cannot flourish without banks. In fact, banking has been in existence since the 15th century and their need has only expanded with modernisation and globalisation.
Banks currently contribute 24%* in the Nifty 50 index profits. The is highest profit pool held by any single sector.
Nifty Bank index has earned 19.2%^ CAGR return in the last 23 years. It has outperformed the Nifty 50 Index 98%^ of the times on a 10-year rolling return basis.
DSP Nifty Bank ETF invests in 12 large-cap bank stocks of the Nifty Bank Index, that constitutes 78% Private and 22% Public banks, providing an optimal diversification of the banking portfolio.

Who should invest in DSP Nifty Bank ETF?

Consider this fund if you
- If you are looking for a low-cost way to invest in leading banks.
- If you want to invest in established banking stocks.
- If you have an investment horizon of more than 7 years.

Rethink before you invest

Expect fluctuations and even negative returns, especially during periods of short-term market volatility.
Being a single sector-based fund, DSP Nifty Bank ETF comes with high risk.
This investment will deliver returns in line with index returns subject to tracking error.

Fund managers:

Anil Ghelani

December 2022

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December 2022

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Diipesh Shah

December 2022

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December 2022

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Anil has been working with DSP Group since 2003 and is currently Head of Passive Investments & Products. Previously, he served as the Business Head & Chief Investment Officer at DSP Pension Fund Managers and prior to that leading the Risk and Quantitative Analysis team at DSP Mutual Fund responsible for monitoring of portfolio risk and buy-side credit research on companies across various sectors.
He also worked at IL&FS Asset Management Company and at S.R. Batliboi a member firm of EY. He is currently serving in volunteer capacity as a Director and Vice Chairman of the CFA Society India.
Anil is a CFA Charter Holder (CFA Institute USA), Chartered Accountant (ICAI India) and holds a Bachelor of Commerce degree (University of Mumbai).

Sr. No.	Scheme Name	Managing since	Period
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

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

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 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.

Sr. No.	Scheme Name	Managing since	Period
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

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

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

Investment Objective

The Scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty Bank Index), subject to tracking errors.
There is no assurance that the investment objective of the Scheme will be realized.

Fund Type

Exchange Traded Fund – Thematic

An open ended scheme replicating/ tracking Nifty Bank Index.

Riskometer

Level of Risk in the Scheme

View details

Other Information

NSE/BSE Symbol BANKETFADD
BSE Script Code 543738
ISIN INF740KA1RX3
Bloomberg Code DBNKETF
Minimum Investment Through Stock Exchange - 1 Unit & in multiples thereof.

NSE Disclaimer:
It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Draft Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the 'Disclaimer Clause of NSE'

BSE Disclaimer:
It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the SID has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the SID. The investors are advised to refer to the SID for the full text of the Disclaimer clause of the BSE Limited