DSP Banking & Financial Services Fund Direct Growth

DSP Banking & Financial Services Fund Direct Growth

Equity

DSP Mutual Fund

Sector - Financial Services

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.

₹13.75

▼-0.9%1D

NAV as on 02 Jul 2025

22.54%/per year

Since Inception

Absolute Gain%

▲▼

1204 people have invested ₹ 63.3L 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 (02-Jul-25)

The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.

Period
This Fund
Nifty 500
Category Avg
1 Month
2.03%
3.12%
3.74%
3 Months
11.23%
10.73%
14.05%
6 Months
12.84%
3.19%
12.67%
1 Year
21.19%
3.83%
10.03%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
DSP Banking & Financial Services Fund
-
1,290Cr
0.65%
21.19%
-
22.54%
Nippon India Banking & Financial Services Fund Direct Growth
1/11
7,160Cr
0.99%
15.01%
26.57%
15.03%
Tata Banking & Financial Services Fund Direct Growth
2/11
2,797Cr
0.47%
16.2%
27.38%
18.76%
Invesco India Financial Services Fund Direct Growth
3/11
1,372Cr
0.87%
17.07%
29.76%
16.76%
See all

DSP Banking & Financial Services Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

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Profit

Total Corpus

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Absolute Return
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DSP Banking & Financial Services Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 83.4%

Debt & Cash 16.6%

Large cap
59.7%
Small cap
13%
Mid cap
10.2%
Mid Cap allocation has gone up from 9.8% to 10.2%
Mid Cap allocation has gone up from 9.8% to 10.2%
Large Cap allocation has gone down from 62.7% to 59.7%
Large Cap allocation has gone down from 62.7% to 59.7%
Small Cap allocation has gone up from 9.6% to 13%
Small Cap allocation has gone up from 9.6% to 13%
Cash allocation has gone down from 17.9% to 16.6%
Cash allocation has gone down from 17.9% to 16.6%

DSP Banking & Financial Services Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 83.4%

Debt & Cash 16.6%

Financial Services
98.7%
Tech
1.3%

Top 2 Sectors in May were Financial Services, Tech

May'25

Financial Services

99%

Tech

1%

Apr'25

Financial Services

99%

Tech

1%

DSP Banking & Financial Services Fund Holdings Details

as on (30-Jun-25)

Equity

Top Stocks bought last month
CSB Bank Ltd Ordinary Shares's allocation increased from 1.18% to 1.94%
CSB Bank Ltd Ordinary Shares's allocation increased from 1.18% to 1.94%
Max Financial Services Ltd's allocation increased from 4.08% to 4.4%
Max Financial Services Ltd's allocation increased from 4.08% to 4.4%
Multi Commodity Exchange of India Ltd's allocation increased from 3.1% to 3.4%
Multi Commodity Exchange of India Ltd's allocation increased from 3.1% to 3.4%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 14.13 % to 13.42 %
ICICI Bank Ltd's allocation decreased from 14.13 % to 13.42 %
Bajaj Finserv Ltd's allocation decreased from 9 % to 8.73 %
Bajaj Finserv Ltd's allocation decreased from 9 % to 8.73 %
State Bank of India's allocation decreased from 6.81 % to 6.58 %
State Bank of India's allocation decreased from 6.81 % to 6.58 %

DSP Banking & Financial Services Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.65%
Benchmark
NIFTY Financial Services TR
AUM₹1290 Cr
Inception Date8 December, 2023
Min Lumpsum/SIP₹100/₹100
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
5.6%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
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 Rohit Singhania. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP Banking & Financial Services Fund Direct Growth has ₹1290 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

DSP Banking & Financial Services Fund Direct Growth has given a CAGR return of 22.54% since inception. Over the last 1 year the fund has given a CAGR return of 21.19%.

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 benefit
Dividends 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.

Fund Manager

Rohit Singhania

Fund Manager of DSP Banking & Financial Services Fund Direct Growth, since 1 July 2025

Learn more about DSP Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 1.3K Cr
₹ 1.2K Cr
₹ 1.1K Cr
  • AUM of the fund stands at 1.3K Cr as of May'25
  • AUM increased by 80.6 Cr between May'25 and Apr'25

Frequently Asked Questions for DSP Banking & Financial Services Fund Direct Growth

How do I invest in DSP Banking & Financial Services Fund?

INDmoney makes it simple to invest in the DSP Banking & Financial Services Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘DSP Banking & Financial Services Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of DSP Banking & Financial Services Fund?

The NAV of the fund today is ₹13.75. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

DSP Banking & Financial Services Fund fund has generated a return of 21.19% in 1 year

Who is the fund manager of DSP Banking & Financial Services Fund?

The fund managers are Rohit Singhania.

What is the exit load of the fund?

The exit load is 0.5% if redeemed in 0-1 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.65%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹1290 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of DSP Banking & Financial Services Fund?

The top 3 holdings of the fund are ICICI Bank Ltd(13.42%), Bajaj Finserv Ltd(8.73%), State Bank of India(6.58%)