DSP Nifty Private Bank Index Fund

Benchmark: NIFTY Private Bank TRI

3.17K people have invested in this fund

team 3.17K people have invested in this fund as of

Total AUM

₹11.27 crores
as of Mar 31, 2025

Age of Fund

2 months since Feb 14, 2025

Expense Ratio

1.01%
as of Apr 29, 2025

Exit Load

Nil

Ideal holding period

10 Years+

Indian (98.4%)

Large Cap	81.6%
Mid Cap	16.1%
Small Cap	2.3%

Holdings
Sectors

Holdings	Weight %
HDFC Bank Limited	21.0 %
ICICI Bank Limited	21.0 %
Kotak Mahindra Bank Limited	19.2 %
Axis Bank Limited	18.9 %
The Federal Bank Limited	4.8 %
IndusInd Bank Limited	4.3 %
IDFC First Bank Limited	3.5 %
Yes Bank Limited	3.2 %
Bandhan Bank Limited	1.2 %
RBL Bank Limited	1.0 %
	98.4 %

Sectors Weight %

Banks 98.4 %

HDFC Bank Limited 21.0 %

ICICI Bank Limited 21.0 %

Kotak Mahindra Bank Limited 19.2 %

Axis Bank Limited 18.9 %

The Federal Bank Limited 4.8 %

IndusInd Bank Limited 4.3 %

IDFC First Bank Limited 3.5 %

Yes Bank Limited 3.2 %

Bandhan Bank Limited 1.2 %

RBL Bank Limited 1.0 %

Expand All

98.4 %

Equity includes Stocks, Domestic Fund of Funds and ETFs

Indian (1.6%)

Credit rating profile	Weight %
Cash & Equivalent	100.0 %

Instrument break-up	Weight %
TREPS	100.0 %

Holdings	Weight %
TREPS / Reverse Repo Investments	3.6 %
Cash & cash equivalents	-1.9 %
	1.6 %

Indicators

Portfolio turnover ratio

0.09 last 12 months

Tracking Error

0.24 %

Tracking Error (Abs.)

0.015 %

View Top Group Holdings

Performance

Note:Under SEBI regulations, the performance of this fund can’t be displayed as it has been in existence for less than 6 months.

Chart type

Graph viewTable view

Invested as

Invested Amount

₹

Invested since

This fund

NIFTY Private Bank TRI

NIFTY 50 TRI

Gold

PPF

	Funds	Annual returns	Current Value	Absolute Growth	IDCW paid

Chart type:

Returns RangesStatistics

Invested Amount

₹

Invested period

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

Fund Details

Things to know before you invest

What is in DSP Nifty Private Bank Index Fund?

DSP Nifty Private Bank Index Fund replicates Nifty Private Bank Index which includes ten largest Private Banks of India.
The portfolio reconstitution of the index (i.e. changes to the underlying constituents) happens on a half-yearly basis.

Why should one invest in DSP Nifty Private Bank Index Fund?

Ideal option to get dedicated exposure to Private Banks.
Nifty Private Bank Index has historically delivered better returns compared to Nifty 50 - but it also carries higher risk (especially concentration risk).
Since the fund only replicates an index & does not have an 'active' fund manager, it carries no human decision-making bias.

Who should invest in DSP Nifty Private Bank Index Fund?

Consider this fund if you
- Are looking to invest in top private banks of India.
- Believe large banks will continue to become larger.
- Are an experienced investor & know what you're doing.
- Are okay with extended periods of higher volatility.
- Recognize market falls as good opportunities to invest more.

Rethink before you invest

DSP Nifty Private Bank Index Fund carries very high concentration risk.
Expect higher fluctuations especially in the short term.

Fund managers:

Anil Ghelani

Total work experience of 27 years. Managing this fund since February 2025.

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Total work experience of 27 years. Managing this fund since February 2025.

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Diipesh Shah

Total work experience of 23 years. Managing this fund since February 2025.

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Total work experience of 23 years. Managing this fund since February 2025.

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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.

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Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

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