DSP Nifty Bank Index Fund
Get the latest NAV of DSP Nifty Bank Index Fund. 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.
₹11.26
▲1.2%1D
NAV as on 17 Mar 2026
6.37%/per year
Since Inception
▲▼
871 people have invested ₹ 10.7L in DSP Nifty Bank Index Fund in the last three months
Peer comparison
DSP Nifty Bank Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
DSP Nifty Bank Index Fund Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
DSP Nifty Bank Index Fund Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Top Sector in February was Financial Services
Financial Services
100%
Financial Services
100%
DSP Nifty Bank Index Fund Holdings Details
as on (28-Feb-26)
DSP Nifty Bank Index Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.2% |
Benchmark | Nifty Bank TR INR |
| AUM | ₹59 Cr |
| Inception Date | 31 May, 2024 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 40.66% |
| Risk |   Very High Risk |
About DSP Nifty Bank Index Fund
DSP Nifty Bank Index Fund is an equity fund. This fund was started on 31 May, 2024. The fund is managed by Diipesh Shah, Anil Ghelani. The fund could potentially beat inflation in the long-run.
Key Parameters
- DSP Nifty Bank Index Fund has ₹59 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
DSP Nifty Bank Index Fund has given a CAGR return of 6.37% since inception. Over the last 1 year the fund has given a CAGR return of 13.83%.
Holdings
DSP Nifty Bank Index Fund has allocated its funds majorly in Financial Services, Cash Equivalent. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Axis Bank Ltd, Kotak Mahindra Bank Ltd
Taxation
As it is a index funds 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 Nifty Bank Index Fund
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty Bank Index, subject to tracking error.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Nifty Bank Index Fund has no lock in period.
Fund Manager
Diipesh Shah
Fund Manager of DSP Nifty Bank Index Fund, since 31 May 2024
Anil Ghelani
Fund Manager of DSP Nifty Bank Index Fund, since 31 May 2024
- AUM of the fund stands at 59.1 Cr as of Feb'26
- AUM increased by 1.2 Cr between Feb'26 and Jan'26
Frequently Asked Questions for DSP Nifty Bank Index Fund
How do I invest in DSP Nifty Bank Index Fund?
- Download the INDmoney app.
- Search for ‘DSP Nifty Bank Index 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.