DSP Nifty Bank Index Fund
The Scheme seeks to generate returns that are commensurate with the performance of the Nifty Bank Index, subject to tracking error.
Growthvine rating: 3/5 — ranked #84 of 245 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹11.06 (as of 2026-10-01) |
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| AUM | ₹63 Cr |
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| Expense ratio | 0.80% |
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| Riskometer | Very High |
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| Fund manager | Anil Ghelani |
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| Exit load | 0 |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −18.40% |
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| Alpha | 0 |
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| Beta | 0 |
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Market cap allocation
| Large cap | 74.6% |
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| Mid cap | 25.4% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 61.2% |
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| Top 10 holdings | 86.7% |
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| Total holdings | 14 |
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Top holdings
- HDFC Bank Ltd. — 17.0%
- ICICI Bank Ltd. — 14.9%
- State Bank Of India — 10.3%
- Kotak Mahindra Bank Ltd. — 9.9%
- AXIS Bank Ltd. — 9.2%
- Federal Bank Ltd. — 7.1%
- IndusInd Bank Ltd. — 5.4%
- AU Small Finance Bank Limited — 4.8%
- IDFC FIRST BANK LIMITED — 4.7%
- Bank Of Baroda — 3.5%
Top sectors
- Banking & Financial — 99.9%
- Cash — 0.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −8.7% | — | — |
| 2025 | 17.1% | — | — |