
DSP Banking & Financial Services Fund Direct Growth
DSP Banking & Financial Services Fund Direct Growth
as on 30 Oct 2026
DSP Banking & Financial Services Fund Direct Growth is a Equity mutual fund scheme launched on 08 Dec 2023. The current NAV stands at ₹14.1830 as of 30 Oct 2026. From the funds total AUM, its top holdings include ICICI Bank at 9.22%, Axis Bank at 7.95%, Treps / Reverse Repo Investments at 5.27%, State Bank of India at 5.06%, Cholamandalam Investment at 5.02%
Scheme Overview
- Inception Date : 08 Dec 2023
- AUM : ₹2,034.26 Cr
- 1Y Returns (CAGR) : -0.55%
- Expense Ratio : 0.81%
- Min. SIP : ₹100
- Min. Lumpsum : ₹100
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
1Y
₹ 6.10 L
3.50%
₹ 6.27 L
8.00%
₹ 5.98 L
-0.55%
Total Investment
₹ 6,00,000
Returns
₹ -1,784 (-0.55%)
Maturity Value
₹ 5,98,216
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 2,034.26 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹2,034.26 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Financial Services | 93.07% | ||
| Other | 6.40% | ||
| Technology | 0.53% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() I ICICI Bank | 9.22% | |
![]() A Axis Bank | 7.95% | |
![]() T Treps / Reverse Repo Investments | 5.27% | |
![]() S State Bank of India | 5.06% | |
![]() C Cholamandalam Investment | 5.02% | |
![]() S Shriram Finance | 4.68% | |
![]() K Kotak Bank | 4.64% | |
![]() H HDFC Bank | 4.61% | |
![]() M MCX | 4.57% | |
![]() B Bajaj Finance | 4.45% | |
![]() S SBI Life Insurance | 4.22% | |
![]() P PB FinTech | 3.93% | |
![]() U Ujjivan Small Finance Bank | 3.82% | |
![]() A Aditya Birla Capital | 3.76% | |
![]() C City Union Bank | 3.55% | |
![]() C Canara HSBC Life Insurance Company | 3.48% | |
![]() M Max Financial Services | 3.24% | |
![]() A Aadhar Housing Finance | 2.70% | |
![]() B Bank of Maharashtra | 2.56% | |
![]() P PNB Housing Finance | 2.31% | |
![]() K Karur Vysya Bank | 2.18% | |
![]() N Nippon Life India AMC | 2.00% | |
![]() A Aditya Birla Sun Life AMC | 1.38% | |
![]() P Prudent Corporate Advisory Services | 1.33% | |
![]() N Net Receivables/Payables | 1.13% | |
![]() T Tata Capital | 0.81% | |
![]() C Canara Robeco Asset Management Company | 0.72% | |
![]() B Bank of Baroda | 0.61% | |
![]() S Seshaasai Technologies | 0.53% | |
![]() G Groww | 0.21% | |
![]() I ICICI Prudential Asset Management | 0.02% | |
![]() B Bajaj Finserv | 0.01% | |
![]() I ICICI Lombard General Insurance | 0.00% | |
![]() L LIC of India | 0.00% | |
![]() P Power Finance Corporation | 0.00% | |
![]() L L&T Finance | 0.00% | |
![]() A Angel One | 0.00% |
Fund Comparison
Fund Details
52W High NAV
-
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 100.00
AUM (in Cr.)
₹ 2,034.26
Expense Ratio
0.81%
Lock-in Period
No Lock in Period
52W Low NAV
-
Inception Date
08 Dec 2023
Fund Age
2 Yrs
Benchmark
Nifty Financial Services TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 0.50%, if redeemed within 1 month.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Vinit Sambre | B.Com., FCA |
| Preethi R S | MBA , IIM Kozhikode, BE , Computer Science , RVCE , Bengaluru |
Fund Objective
The primary investment objective of the scheme is to seek to generate returns through investment in equity and equity related securities of companies engaged in banking and financial services sector.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
DSP Mutual Fund
No. of Schemes
57
Total AUM
₹ 2,28,507.83 Cr
Contact Details
The Ruby, 25th Floor, 29, SenapatiBapat Marg, Dadar (West),Mumbai - 400028.
Contact Details
The Ruby, 25th Floor, 29, SenapatiBapat Marg, Dadar (West),Mumbai - 400028.
FAQs
When was DSP Banking & Financial Services Fund launched?
What is the current NAV of DSP Banking & Financial Services Fund?
What is the AUM of DSP Banking & Financial Services Fund?
What is the rate of return of DSP Banking & Financial Services Fund?
- In the past 1Y: -0.55%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of DSP Banking & Financial Services Fund?
What is exit load of DSP Banking & Financial Services Fund?
What is the portfolio of DSP Banking & Financial Services Fund?
- ICICI Bank: 9.22%
- Axis Bank: 7.95%
- State Bank of India: 5.06%
- Cholamandalam Investment: 5.02%
- Shriram Finance: 4.68%
Top 3 sectoral holdings include:
- Financial Services: 93.07%
- Others: 6.40%
- Technology: 0.53%
How risky is investing in DSP Banking & Financial Services Fund?
Who is the fund manager DSP Banking & Financial Services Fund?
What is the minimum investment required in DSP Banking & Financial Services Fund?
How to invest in DSP Banking & Financial Services Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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