DSP BSE Top 10 Banks ETF

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Benchmark: BSE Top 10 Banks Index

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Total AUM

₹204.89 crores as of Apr 30, 2026

Age of Fund

3 months since Mar 06, 2026

Base Expense Ratio

0.13%
as of Jun 05, 2026

Exit Load

Nil

Goal of Investment

Capital Growth & Income

Ideal holding period

10 Years+

Portfolio

Equity 100.0%
Debt 0.0%

Indian (100.0%)

Large Cap	84.7%
Mid Cap	15.3%

Holdings
Sectors

Top Holdings	Weight %
HDFC Bank Limited	31.3 %
ICICI Bank Limited	20.2 %
Axis Bank Limited	10.1 %
Kotak Mahindra Bank Limited	10.1 %
State Bank of India	9.9 %
The Federal Bank Limited	4.6 %
IndusInd Bank Limited	3.9 %
AU Small Finance Bank Limited	3.7 %
Bank of Baroda	3.2 %
IDFC First Bank Limited	3.0 %
	100.0 %

Sectors Weight %

Banks 100.0 %

HDFC Bank Limited 31.3 %

ICICI Bank Limited 20.2 %

Axis Bank Limited 10.1 %

Kotak Mahindra Bank Limited 10.1 %

State Bank of India 9.9 %

The Federal Bank Limited 4.6 %

IndusInd Bank Limited 3.9 %

AU Small Finance Bank Limited 3.7 %

Bank of Baroda 3.2 %

IDFC First Bank Limited 3.0 %

Expand All

100.0 %

Indian (0.0%)

Credit rating profile	Weight %
Cash & Equivalent	0.0 %

Instrument break-up	Weight %
TREPS	0.0 %

Top Holdings	Weight %
TREPS / Reverse Repo Investments	0.0 %
Cash & cash equivalents	0.0 %
	0.0 %

Indicators

Portfolio turnover ratio

0.02 last 12 months

Tracking Error

0.17 %

Tracking Error (Abs.)

0.011 %

Total Expense Ratio

0.15 % as of Jun 05, 2026

Compare Performance

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 Since February 2026

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Total work experience of 28 years. Managing Since February 2026

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Diipesh Shah

Total work experience of 24 years. Managing Since February 2026

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Total work experience of 24 years. Managing Since February 2026

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Neha Rathi

Total work experience of 7 years. Managing Since May 2026

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Total work experience of 7 years. Managing Since May 2026

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Anil has been working with the 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 the 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 Vice Chairman on the board.

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 has been working with DSP since September 2019 as a Dealer for ETF and Passive Investments. He is now also the 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 in 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

Neha has a total work experience of over 8 years. She has been working with DSP since January 2024 as a Dealer for ETF and Passive Investments. She is now also the Fund Manager of various schemes of DSP Mutual Fund. Neha has previously worked with ICICI Prudential AMC, Aditya Birla AMC. She 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

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
BSE Script Code 544725
ISIN INF740KA1YH2
Minimum Investment Through Stock Exchange - 1 Unit & in multiples thereof.

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

Taxation category - Equity Oriented Fund Sub Category - Equity ETF

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