GMP IPO Watch
DSP Nifty Bank Index Fund
Direct Plan · Growth · DSP Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.47% | -0.80% | 12 of 293 |
| 1M | -4.62% | -3.85% | 132 of 293 |
| 3M | -5.42% | -3.10% | 204 of 292 |
| 6M | +6.70% | +5.77% | 101 of 281 |
| YTD | -7.97% | -3.05% | 216 of 293 |
| 1Y | -1.21% | -0.26% | 153 of 265 |
| 2Y | +3.58% | +0.05% | 73 of 187 |
| INCEPTION | +5.34% | — | — |
Ranked among: Other Scheme - Index Funds.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.78% | +18.10% | -15.68% | 61% | 24% |
| 6M | +2.93% | +18.43% | -10.11% | 57% | 22% |
| 1Y | +9.03% | +26.54% | -3.95% | 91% | 39% |
| 2Y | +5.66% | +8.59% | +0.86% | 100% | 42% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Aug 2026
Asset Allocation
- Equity99.88%
- Debt0.00%
- Cash0.12%
- Other0.00%
Market Cap Split
- Large Cap74.51%
- Mid Cap25.37%
- Small Cap0.00%
- Others0.12%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 14.32 | 24.36 |
| P/B | 1.56 | 4.03 |
| Price / Sales | 3.60 | 3.39 |
| Dividend Yield (%) | 1.49 | 1.51 |
Holdings · Aug 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| HDFC Bank | Banks | 17.01% | -1.13% |
| ICICI Bank | Banks | 14.85% | +0.04% |
| State Bank of India | Banks | 10.26% | +0.21% |
| Kotak Bank | Banks | 9.87% | +0.59% |
| Axis Bank | Banks | 9.19% | +0.41% |
| Federal Bank | Banks | 7.13% | -0.13% |
| Indusind Bank | Banks | 5.43% | -0.05% |
| AU Small Finance Bank | Banks | 4.81% | +0.11% |
| IDFC First Bank | Banks | 4.67% | +0.02% |
| Bank of Baroda | Banks | 3.47% | -0.10% |
| Punjab National Bank | Banks | 3.37% | +0.01% |
| Yes Bank | Banks | 3.33% | -0.03% |
| Canara Bank | Banks | 3.32% | +0.01% |
| Union Bank of India | Banks | 3.17% | +0.27% |
| TREPS / Reverse Repo Investments | Reverse Repo / TREPS | 0.22% | — |
View all 16 holdings
| Net Receivables/Payables | Net Current Assets | -0.10% | — |
Sector Allocation · Aug 2026
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 13.36 | — | High Volatility |
What is this?
Risk as measured by standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of data points relative to its mean (average).
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.10 | — | Poor Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.13 | — | Poor Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Tracking Difference
Versus Nifty Bank TRI, as of Aug 2026.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
ICICI Prudential NASDAQ 100 Index Fund
Regular Plan · Growth
|
+32.32% | +33.12% | — | +20.04% |
|
Motilal Oswal S&P 500 Index Fund
Direct Plan · GROWTH
|
+24.35% | +27.72% | +18.70% | +21.32% |
|
Tata Nifty Capital Markets Index Fund
Direct Plan · Growth Option
|
+20.98% | — | — | +19.34% |
|
Motilal Oswal Nifty Capital Market Index Fund
Regular Plan · Growth
|
+20.37% | — | — | +13.42% |
|
ICICI Prudential Nifty Pharma Index Fund
Direct Plan · IDCW
|
+20.08% | +20.30% | — | +20.51% |
|
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
Direct Plan · Growth
|
+17.81% | +18.52% | +13.57% | +16.10% |
|
Tata Nifty MidSmall Healthcare Index Fund
Regular Plan · IDCW Payout Option
|
+14.44% | — | — | +16.34% |
|
Motilal Oswal Nifty MidSmall Healthcare Index Fund
Regular Plan · Growth
|
+14.41% | — | — | +9.59% |
|
Motilal Oswal Nifty MidSmall Financial Services Index Fund
Regular Plan · Growth
|
+13.42% | — | — | +16.65% |
|
Bandhan BSE Healthcare Index Fund
Regular Plan · Growth
|
+12.53% | — | — | +5.80% |
More From DSP Asset Managers Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| DSP Silver ETF | +52.35% | +47.45% | — | +38.32% |
|
DSP Silver ETF Fund of Fund
Direct Plan · IDCW
|
+50.75% | — | — | +81.98% |
|
DSP World Mining Overseas Equity Omni FoF
Direct Plan · Growth
|
+39.49% | +28.39% | +20.72% | +8.86% |
|
DSP US Specific Equity Omni FoF
Direct Plan · Growth
|
+31.45% | +28.56% | +19.67% | +17.96% |
|
DSP World Gold Mining Overseas Equity Omni FoF
Direct Plan · IDCW
|
+28.44% | +51.43% | +25.17% | +6.88% |
| DSP Gold ETF | +25.47% | +36.24% | — | +28.71% |
|
DSP Gold ETF Fund of Fund
Direct Plan · IDCW
|
+25.12% | — | — | +34.07% |
|
DSP Global Innovation Overseas Equity Omni FoF
Direct Plan · Growth
|
+24.14% | +29.95% | — | +20.17% |
|
DSP Global Clean Energy Overseas Equity Omni FoF
Direct Plan · Growth
|
+23.17% | +19.51% | +10.68% | +6.87% |
|
DSP Small Cap Fund
Direct Plan · Growth
|
+16.51% | +16.79% | +16.84% | +21.23% |
About This Scheme
Investment Objective
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. There is no assurance that the investment objective of the Scheme will be achieved.
Stated Asset Allocation
A. Equity and Equity Related Securities of companies constituting Nifty Bank Index, the Underlying Index : 95% - 100% B. Cash and Cash Equivalents : 0% – 5% For detailed asset allocation pattern, please refer to the Scheme Information Document
Exit Load
Nil
Fund Managers
Mr. Anil Ghelani, Mr. Diipesh Shah , Ms. Neha Rathi
Mr. Anil Ghelani - Primary, Mr. Diipesh Shah - Comanage, Ms. Neha Rathi - Comanage
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.