DSP Banking & Financial Services Fund Direct Growth
Get the latest NAV of DSP Banking & Financial Services Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹13.26
▲1%1D
NAV as on 15 May 2025
21.73%/per year
Since Inception
▲▼
934 people have invested ₹ 81L in DSP Banking & Financial Services Fund Direct Growth in the last three months
DSP Banking & Financial Services Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (15-May-25)
The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.
Peer comparison
DSP Banking & Financial Services Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
DSP Banking & Financial Services Fund Asset Allocation
See fund asset allocation details as on (13-May-25)
Fund Distribution
as on (13-May-25)
Equity 82.1%
Debt & Cash 17.9%
DSP Banking & Financial Services Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Equity 82.1%
Debt & Cash 17.9%
Top 2 Sectors in April were Financial Services, Tech
Financial Services
99%
Tech
1%
Financial Services
99%
Tech
1%
DSP Banking & Financial Services Fund Holdings Details
as on (30-Apr-25)
Equity
DSP Banking & Financial Services Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.73% |
Benchmark | NIFTY Financial Services TR |
| AUM | ₹1210 Cr |
| Inception Date | 8 December, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About DSP Banking & Financial Services Fund
DSP Banking & Financial Services Fund Direct Growth is an equity fund. This fund was started on 8 December, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- DSP Banking & Financial Services Fund Direct Growth has ₹1210 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
DSP Banking & Financial Services Fund Direct Growth has given a CAGR return of 21.73% since inception. Over the last 1 year the fund has given a CAGR return of 29.13%.
Holdings
DSP Banking & Financial Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech. Its top holdings are ICICI Bank Ltd, Bajaj Finserv Ltd, State Bank of India, Axis Bank Ltd, Cholamandalam Investment and Finance Co Ltd
Taxation
As it is a sector - financial services mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of DSP Banking & Financial Services Fund Direct Growth
The primary investment objective of the scheme is to seek to generate returns through investment in domestic and overseas equity and equity related securities of companies engaged in banking and financial services sector. There is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Banking & Financial Services Fund Direct Growth has no lock in period.
- AUM of the fund stands at 1.2K Cr as of Apr'25
- AUM increased by 74.1 Cr between Apr'25 and Mar'25
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5Y CAGR
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Frequently Asked Questions for DSP Banking & Financial Services Fund Direct Growth
What is the current NAV of DSP Banking & Financial Services Fund Direct Growth?
What are the average returns of DSP Banking & Financial Services Fund Direct Growth?
DSP Banking & Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.68% | 5.68% |
6 Month Returns | 13.71% | 13.71% |
1 Year Returns | 29.13% | 29.13% |
3 Years Returns | 0% | 0% |
How do I invest in DSP Banking & Financial Services Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of DSP Banking & Financial Services Fund Direct Growth?
What is net assets under management (AUM) of DSP Banking & Financial Services Fund Direct Growth?
What are the top 5 holdings of DSP Banking & Financial Services Fund Direct Growth?
What is the alpha of DSP Banking & Financial Services Fund Direct Growth?
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Banking & Financial Services Fund Direct Growth | 8.87 | - | - |
What is the beta of DSP Banking & Financial Services Fund Direct Growth??
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Banking & Financial Services Fund Direct Growth | 0.86 | - | - |
What is the sharpe ratio of DSP Banking & Financial Services Fund Direct Growth?
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP Banking & Financial Services Fund Direct Growth | 0.98 | - | - |
What is the standard deviation of DSP Banking & Financial Services Fund Direct Growth?
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP Banking & Financial Services Fund Direct Growth | 13.76 | - | - |