
DSP Nifty Private Bank Index Fund Direct Growth is a mutual fund scheme launched on 06 Mar 2025. The current NAV stands at ₹12.1972 as of 09 Nov 2026. From the funds total AUM, its top holdings include Axis Bank at 20.65%, Kotak Bank at 20.04%, ICICI Bank at 19.94%, HDFC Bank at 19.33%, Federal Bank at 5.44%
Scheme Overview
- Inception Date : 06 Mar 2025
- AUM : ₹106.11 Cr
- 1Y Returns (CAGR) : 6.25%
- Expense Ratio : 0.52%
- 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%
₹ 6.21 L
6.25%
Total Investment
₹ 6,00,000
Returns
₹ 20,706 (6.25%)
Maturity Value
₹ 6,20,706
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
₹ 106.11 Cr
Cash Holding
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Equity
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Cash
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Debt
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Other
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Asset Allocation
AUM
₹106.11 Cr
Cash Holding
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Equity
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Cash
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Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Financial Services | 99.75% | ||
| Other | 0.25% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() A Axis Bank | 20.65% | |
![]() K Kotak Bank | 20.04% | |
![]() I ICICI Bank | 19.94% | |
![]() H HDFC Bank | 19.33% | |
![]() F Federal Bank | 5.44% | |
![]() I Indusind Bank | 4.61% | |
![]() I IDFC First Bank | 3.62% | |
![]() Y Yes Bank | 3.11% | |
![]() R RBL Bank | 1.59% | |
![]() B Bandhan Bank | 1.42% | |
![]() N Net Receivables/Payables | 0.14% | |
![]() T Treps / Reverse Repo Investments | 0.11% |
Fund Comparison
Fund Details
52W High NAV
₹ 12.1972
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 100.00
AUM (in Cr.)
₹ 106.11
Expense Ratio
0.52%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 9.9144
Inception Date
06 Mar 2025
Fund Age
1 Yrs
Benchmark
NIFTY Private Bank Index TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- No charges for withdrawal
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 |
|---|---|
| Anil Ghelani | Chartered Financial Analyst (CFA Institute USA) Chartered Accountant (ICAI India) B. Com. (H. R. College University of Mumbai) |
| Diipesh Shah | B Com , ACA, Candidate of the CFA Program, CFA Institute USA, Level I Cleared |
| Ravi Gehani | MMS - Finance, MET Institute of Management, Mumbai B.Com, University of Mumbai, Mumbai |
| Neha Rathi | Chartered Accountant, B.com |
Fund Objective
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty Private Bank Index, subject to tracking error. There is no assurance that the investment objective of the Scheme will be achieved.
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
₹ 2,20,634.48 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 Nifty Private Bank Index Fund launched?
What is the current NAV of DSP Nifty Private Bank Index Fund?
What is the AUM of DSP Nifty Private Bank Index Fund?
What is the rate of return of DSP Nifty Private Bank Index Fund?
- In the past 1Y: 6.25%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of DSP Nifty Private Bank Index Fund?
What is exit load of DSP Nifty Private Bank Index Fund?
What is the portfolio of DSP Nifty Private Bank Index Fund?
- Axis Bank: 20.65%
- Kotak Bank: 20.04%
- ICICI Bank: 19.94%
- HDFC Bank: 19.33%
- Federal Bank: 5.44%
Top 3 sectoral holdings include:
- Financial Services: 99.75%
- Others: 0.25%
How risky is investing in DSP Nifty Private Bank Index Fund?
Who is the fund manager DSP Nifty Private Bank Index Fund?
What is the minimum investment required in DSP Nifty Private Bank Index Fund?
How to invest in DSP Nifty Private Bank Index 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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