DSP BSE Top 10 Banks ETF

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Benchmark: BSE Top 10 Banks Index

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Age of Fund

Exit Load

Nil

Goal of Investment

Capital Growth & Income

Ideal holding period

10 Years+

Portfolio

Portfolio data will be published soon!

You'll be able to view the fund’s portfolio once it is disclosed.

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

Fund Details

Things to know before you invest

What is in DSP BSE Top 10 Banks ETF?

The DSP BSE Top 10 Banks ETF is an open-ended scheme replicating/ tracking BSE Top 10 Banks Index. The BSE Top 10 Banks Index aims to track the performance of the largest 10 stocks based on Free Float Market capitalization in the Banks Industry.

Why should one invest in DSP BSE Top 10 Banks ETF?

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.
The Indian banking sector is a core driver of economic growth handling credit expansion, retail and corporate lending, and benefiting from rising financial activity. This ETF lets you directly participate in that growth trend through a concentrated portfolio.
India?s largest banks enjoy structural advantages size, regulation-driven entry barriers, and steady balance-sheet growth. The DSP BSE Top 10 Banks ETF allows investors to directly participate in these durable leaders that form the backbone of India?s market.

Who should invest in DSP BSE Top 10 Banks 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 BSE Top 10 Banks ETF comes with high risk.
This investment will deliver returns in line with index returns subject to tracking error.

Fund managers:

Anil Ghelani, CFA

Total work experience of 28 years. Managing this fund since March 2026.

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Total work experience of 28 years. Managing this fund since March 2026.

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Diipesh Shah

Total work experience of 24 years. Managing this fund since March 2026.

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Total work experience of 24 years. Managing this fund since March 2026.

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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 Broking 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 BSE Top 10 Banks Index, subject to tracking error.

There is no assurance that the investment objective of the Scheme will be achieved.

Fund Type

Exchange Traded Fund – Thematic

An open ended scheme replicating / tracking BSE Top 10 Banks Index

Riskometer

Level of Risk in the Scheme

View details

Other Information

NSE/BSE Symbol BANK10ADD
ISIN INF740KA1YH2

Tax Implications (Applies to redemptions or transfers made on or after April 1, 2025)

Taxation category - Equity Oriented Fund Sub Category - Equity Schemes

Holding period	Capital gain type	Applicable tax rate
More than 12 months	Long term	12.5 %
12 months or less	Short term	20 %

Mutual fund taxation is based on the fund's taxation category, sub-category, and holding period. The applicable tax rates are subject to prevailing tax laws, including surcharges, cess, and exemptions. Please consult a tax advisor for personalized guidance. View detailed tax guide

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