DSP Banking & Financial Services Fund
Plan type

	CAGR since inception

Scheme Type:

Scheme Risk:
Very High Risk
Age:
1 years 3 months since Dec 08, 2023
AUM:
Rs. 1,012.79 crores as of Feb 28, 2025
Horizon:
10 Years+
Benchmark:
Nifty Financial Services TRI
Benchmark Risk:
Very High Risk
Goal:
Capital Growth & Income

Scheme features

Performance

Cumulative returns

Returns from of Rs. invested

Show:

Annualized Returns

Absolute Returns

This scheme		Nifty Finan…	NIFTY 50 TR…	Gold	PPF
NA	vs	NA	NA	NA	NA
NA	vs	NA	NA	NA	NA

Scheme disclaimers »

Returns calculator

	This scheme	Nifty Finan… ^#	NIFTY 50 TR… ^#	Gold	PPF
# Returns do not reflect any income distribution cum capital withdrawal (IDCW) distribution

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Returns summary

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Rolling returns

	1 Year	3 Years	5 Years	10 Years
# Rolling returns have been calculated based on returns from regular plan growth option.

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Fund Managers

Dhaval Gada

Total work experience of 14 years. Managing this fund since November 2023. Equity and Overseas portion See all funds managed by Dhaval Gada »

Investment Objective

The primary investment objective of the scheme is to seek to generate returns through investment in domestic and overseas equity and equity related securities of companies engaged in banking and financial services sector.
There is no assura ...more

Scheme Description

Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets

Scheme Documents

KIM & Application

Historical Returns

In SEBI format

Comparative performance of DSP Banking & Financial Services Fund as of
	DSP Banking & Finan…	Nifty Finan… ^{^}	NIFTY 50 TR… ^#
Date of allotment: Dec 08, 2023. Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan. Since inception returns have been calculated from the date of allotment till June 28, 2013 See all funds managed by Dhaval Gada » Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments ^ Fund Benchmark # Additional Benchmark

Scheme disclaimers »

Portfolio as of Feb 28, 2025

Equity

Market capitalization

No data to display

Sector allocation

No data to display

Top 5 stocks by holding
Name	% of Net Assets
ICICI BANK LIMITED	16.17%
BAJAJ FINSERV LIMITED	10.12%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED	6.83%
STATE BANK OF INDIA	6.43%
BAJAJ FINANCE LIMITED	6.06%
See detailed equity holdings »

Debt & debt instruments

Credit rating profile

No data to display

Instrument break-up

No data to display

Top instruments by holding
Name	% of Net Assets
TREPS / REVERSE REPO INVESTMENTS	16.55%
See detailed debt holdings »

Prescribed Asset Allocation

80% - 100% Equity and equity related sec…
0% - 20% Equity and Equity related sec…

See complete asset allocation »

Current Asset Allocation as of Feb 28, 2025

Equity & equity related securities 82.68% (82.68}%)
Debt Instruments see breakup 16.55% (16.55}%)

Indicators

Portfolio turnover ratio last 12 months
0.69

Dhaval Gada

Dhaval has total work experience of over 13 years. He joined equity investment team of DSP Mutual Funds in Sept-2018 as Associate Vice President and was promoted to Vice President in Feb-2022. Dhaval has also worked with Sundaram Asset Management, Motilal Oswal Securities, Evalueserve, Morgan Stanley Advantage Services, Edelweiss Capital and Gridstone Research. He has a Post Graduate Diploma in Management from Welingkar Institute of Management and holds a Bachelor of Commerce degree from Mumbai University.

All Funds managed by Dhaval Gada
Sr. No.	Scheme Name	Managing since	Period
Sr. No.	Scheme Name	Managing since	1 Year		3 Years		5 Years
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Equity holdings for DSP Banking & Financial Services Fund

Finance
33.34%

Name	% of Net Assets
BAJAJ FINSERV LIMITED	10.12%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED	6.83%
BAJAJ FINANCE LIMITED	6.06%
POWER FINANCE CORPORATION LIMITED	3.56%
BAJAJ HOUSING FINANCE LIMITED	2.82%
SHRIRAM FINANCE LIMITED	2.36%
MANAPPURAM FINANCE LIMITED	1.59%

40.3% of Equity and equity related securities

Banks
33.01%

Name	% of Net Assets
ICICI BANK LIMITED	16.17%
STATE BANK OF INDIA	6.43%
AXIS BANK LIMITED	4.51%
HDFC BANK LIMITED	3.08%
AU SMALL FINANCE BANK LIMITED	2.02%
CSB BANK LIMITED	0.8%

39.9% of Equity and equity related securities

Insurance
10.52%

Name	% of Net Assets
SBI LIFE INSURANCE COMPANY LIMITED	4.31%
MAX FINANCIAL SERVICES LIMITED	2.48%
NIVA BUPA HEALTH INSURANCE COMPANY LIMITED	1.95%
LIFE INSURANCE CORPORATION OF INDIA	1.78%

12.7% of Equity and equity related securities

Capital Markets
4.58%

Name	% of Net Assets
NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED	2.5%
ANGEL ONE LIMITED MAR25	1.35%
BSE LIMITED	0.46%
5PAISA CAPITAL LIMITED	0.27%
ANGEL ONE LIMITED	0%

5.5% of Equity and equity related securities

It - Services
1.23%

Name	% of Net Assets
ZAGGLE PREPAID OCEAN SERVICES LIMITED	1.23%

1.5% of Equity and equity related securities

Debt holdings for DSP Banking & Financial Services Fund

TREPS16.55%

Name	Rating	% of Net Assets
TREPS / REVERSE REPO INVESTMENTS	--	16.55%

100% of Debt instruments

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days.
Returns for investments in income distribution cum capital withdrawal (IDCW) plans of schemes are calculated after assuming that the net income distribution cum capital withdrawal (IDCW) payouts post statutory taxes & levies, are re-invested back in the scheme.
Income distribution cum capital withdrawals (IDCW) declared from benchmark's constituents isn't taken into account when comparing with investment in fund's income distribution cum capital withdrawal (IDCW) plans.
Performance is always compared against the latest benchmark of the fund irrespective of the date of change of fund's benchmark, if any.
Except when SIP tenure is since inception, for all tenures, the start day for SIP investments is considered as 1st of every month. There is no end date to SIPs for the purpose of graphs.
For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.
Gold prices are available post 29 JAN, 2005 & are based on daily closing values on MCX.
Investment in gold has a strong global market demand and gold is highly liquid asset.
PPF interest rate is assumed at 8.7% p.a. & interest received is compounded daily for the returns illustration in the charts.
The comparison with PPF (and other traditional saving instruments/assets) has been given for the purpose of the general information only. Investments in mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike traditional saving instruments there is no capital protection guarantee or assurance of any return in mutual fund investment. Traditional savings instruments are comparatively low risk products and are generally backed by the Government. Investment in mutual funds carries high risk as compared to the traditional saving instruments and any investment decision needs to be taken only after consulting the Tax Consultant or Mutual Fund Distributor.
Past performance may or may not sustain in future and should not be used as a basis for comparison with other investments. There is no assurance of any returns/capital protection/capital guarantee to the investors in any scheme of DSP Mutual Fund.
Pursuant to payments of Income Distribution cum Capital Withdrawal, the NAV of the IDCW option(s) of Schemes would fall to the extent of payout, and statutory levy, if any.
The sector(s)/stock(s)/issuer(s) mentioned in this document do not constitute any recommendation of the same and the Fund may or may not have any future position in these sector(s)/stock(s)/issuer(s).
The investment approach / framework/ strategy / portfolio / other data mentioned herein are dated and currently followed by the scheme and the same may change in future depending on market conditions and other factors.
The SIP returns are calculated by XIRR approach assuming investment of Rs. 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash infows and outflows with the correct allowance for the time impact of the transactions. Load is not taken into consideration for computation of performance.

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Performance

Historical Returns

Portfolio as of Feb 28, 2025

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DSP Equity Savings Fund presentation

Dhaval Gada

Asset Allocation for DSP Banking & Financial Services Fund

Equity holdings for DSP Banking & Financial Services Fund

Finance 33.34%

Banks 33.01%

Insurance 10.52%

Capital Markets 4.58%

It - Services 1.23%

Debt holdings for DSP Banking & Financial Services Fund

TREPS16.55%

DSP Banking & Financial Services Fund presentation

Finance
33.34%

Banks
33.01%

Insurance
10.52%

Capital Markets
4.58%

It - Services
1.23%