DSP Nifty PSU Bank ETF

Download

Benchmark: Nifty PSU Bank TRI

View Basket

LumpsumView performance details

Return:

Annualized

Absolute

This fund

Nifty PSU Bank TRI

NIFTY 50 TRI

Total AUM

₹65.9 crores as of Apr 30, 2025

Age of Fund

1 years 10 months since Jul 17, 2023

Expense Ratio

0.15%
as of May 20, 2025

Exit Load

Nil

Goal of Investment

Capital Growth & Income

Ideal holding period

10 Years+

Portfolio

Equity 100.01%

Indian (100.01%)

Large Cap	62.4%
Mid Cap	37.6%

Holdings
Sectors

Top Holdings	Weight %
State Bank of India	32.00 %
Bank of Baroda	16.85 %
Punjab National Bank	12.58 %
Canara Bank	11.96 %
Union Bank of India	8.85 %
Indian Bank	7.28 %
Bank of India	5.09 %
Bank of Maharashtra	2.90 %
Indian Overseas Bank	0.94 %
Central Bank of India	0.81 %
UCO Bank	0.62 %
Punjab & Sind Bank	0.13 %
View All	100.01 %

Sectors Weight %

Banks 100.01 %

UCO Bank 0.62 %

Indian Overseas Bank 0.94 %

Canara Bank 11.96 %

Union Bank of India 8.85 %

State Bank of India 32.00 %

Punjab & Sind Bank 0.13 %

Bank of Maharashtra 2.90 %

Punjab National Bank 12.58 %

Central Bank of India 0.81 %

Bank of Baroda 16.85 %

Bank of India 5.09 %

Indian Bank 7.28 %

Expand All

100.01 %

Indicators

Portfolio turnover ratio

0.68 last 12 months

Tracking Error

0.11 %

Tracking Error (Abs.)

0.007 %

View Top Group Holdings

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

	This fund		Nifty PSU 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: Jul 17, 2023.

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 PSU Bank ETF?

Simplicity - Buying / Selling ETFs is as simple as buying / selling any other stock on the exchange.
Realtime Trading - ETFs allow investors to take benefit of intraday movements in the market, which is not possible with open-ended Funds.
Low cost - The cost of investing in ETFs is generally lower than an active fund invested in the same market of assets.
Seamless trading - Existing investors insulated from bearing transaction costs of other investors coming in or going out.
Transparency - Holdings published daily, so investor always knows exactly what is owned.

Why should one invest in DSP Nifty PSU Bank ETF?

PSU banks have started to outperform Private banks since 2021*.
Revival is across PSU banks & not limited to 1-2 banks which visbile from last 1 year price returns & last 3 year ROEs.
Net Interest Margins have improved significantly in last 3 years & NPA ratio is at 9 year low.
PSU bank merger has strengthened balance sheet & credit growth; Valuations below historic average and strong balancesheet can lead to re-rating of theme.
Representation of PSU bank in broader index is very low thus necessiate investing in ETF for investor seeking PSU bank exposure.

Who should invest in DSP Nifty PSU Bank ETF?

Consider this fund if you
- If you can time the sector based on market dynamic.
- If you value low-cost investing ideas.
- If you are okay with the returns not beating the respective Index the ETF is tracking.

Rethink before you invest

Expect short term return fluctuations, especially during periods of market volatility?.
Being a single sector based fund, DSP Nifty PSU Bank ETF comes with high risk as well.

Fund managers:

Anil Ghelani

Managing Since July 2023

arrow_forwardSee funds managed by him

Managing Since July 2023

arrow_forwardSee funds managed by him

Diipesh Shah

Managing Since July 2023

arrow_forwardSee funds managed by him

Managing Since July 2023

arrow_forwardSee funds managed by him

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 PSU Bank 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 Nifty PSU Bank Index.

Riskometer

Level of Risk in the Scheme

View details

Other Information

NSE/BSE Symbol PSUBANKADD
BSE Script Code 543948
ISIN INF740KA1SY9
Bloomberg Code DPSBETF
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