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DSP Nifty Bank ETF (BANKETFADD)

₹51.59▲0.83%

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DSP Nifty Bank ETF Performance

  • Day's Low

    Day's High

    ₹51.25
    ₹52.39

  • 52 Week's Low

    52 Week's High

    ₹36.14
    ₹58.92
1 Month Return-2.09 %
3 Month Return+ 6.88 %
1 Year Return+ 12.69 %
Previous Close₹52.02
Open₹52.39
Upper Circuit-
Lower Circuit-

Insights on DSP Nifty Bank ETF

Insights help you understand the recent movement of the ETF's critical parameters, giving you an overall view of the ETF.

  • imgPOSITIVE IMPACT

    Price Rise

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    In the last 1 year, DSP Nifty Bank ETF has moved up by 12.69%

  • imgNO EFFECT

    Against Peers

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    In the last 1 year, DSP Gold ETF has given 16.69% return, outperforming DSP Nifty Bank ETF by 4.00%.

  • imgNO EFFECT

    Market Cap Breakup

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    Market Cap breakup for DSP Nifty Bank ETF is 92.65% in LARGE CAP, 6.39% in MID CAP and 0.95% in SMALL CAP with top sector being Banks with 100.00%

ETF Fundamentals

Expense Ratio0.16%
Avg. PE ratio16.29
Avg. PB ratio2.45
AUM₹530.63 Cr.

Companies in DSP Nifty Bank ETF

Companies 1D Returns
HDFC Bank LtdHDFC Bank Ltd0.78
ICICI Bank LtdICICI Bank Ltd2.05
Kotak Mahindra Bank LtdKotak Mahindra Bank Ltd1.66
State Bank of IndiaState Bank of India0.41
Axis Bank LtdAxis Bank Ltd5.11

Portfolio Breakup

  • Sector

  • Market Cap

Sector

Banks
100%

About DSP Nifty Bank ETF

The DSP Nifty Bank ETF is an Exchange Traded Fund (ETF) that seeks to replicate the Nifty Bank Index, investing in 12 most liquid and large-cap bank stocks in the same proportion as that of the index. Launched by DSP Mutual Fund Company in January 2023, the objective of this ETF is to provide returns that closely correspond to the total returns of securities represented by the Nifty Bank Index. The Nifty Bank Index is a market capitalization-weighted index that tracks the performance of the top liquid banking stocks in India, designed to represent the overall performance of the banking sector in the country. This ETF is suitable for investors seeking long-term capital appreciation and portfolio diversification, as it provides exposure to the Indian banking sector and its movement.

Owner: DSP Mutual Fund
Ticker: BANKETFADD
Price: ₹51.59 per unit as on 25 Jul, 2024 04:01 PM
Asset Under Management AUM: ₹530.63Cr as of today
Expense Ratio: 0.16% as of today
ExchangeNSE
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Frequently Asked Questions

DSP Nifty Bank ETF price is ₹51.59 today.

  • Today’s highest price of DSP Nifty Bank ETF is ₹52.39
  • Today’s lowest price of DSP Nifty Bank ETF is ₹51.25
DSP Nifty Bank ETFPrice
52 Week High
₹58.92
52 Week Low
₹36.14
DSP Nifty Bank ETFReturns
1 Day Returns
-0.43%
1 Month Returns
-2.09%
3 Month Returns
6.88%
1 Year Returns
12.69%

DSP Nifty Bank ETF} price to earning (PE) ratio as on today is 16.29

You can invest via your demat account in the DSP Nifty Bank ETF. You can invest either through SIP mode or lumpsum mode.

Yes. DSP Nifty Bank ETF is available for SIP on INDmoney platform for daily, weekly or monthly SIP.

DSP Nifty Bank ETF's drawbacks are not related to specifically DSP Nifty Bank ETF. In Indian context, some of the ETFs have a drawbacks of higher tracking, lower trading volumes, etc.

Yes. DSP Nifty Bank ETF can used as collateral for a loan under Loan Against Securities.