Share
46.47K people have invested in this fund
46.47K people have invested
in this fund as of
Total AUM
₹840.03 crores as of Aug 31, 2024
Age of Fund
9 months since Dec 08, 2023
Expense Ratio
2.22% as of Oct 04, 2024
Exit Load
0.5% If redeemed between 0 - 1 Months
Ideal holding period
10 Years+
Holdings
as of Aug 31, 2024HDFC Bank Limited
15.56%
ICICI Bank Limited
14.06%
Bajaj Finserv Limited
9.98%
State Bank of India
7.95%
Power Finance Corporation Limited
6.48%
Bajaj Finance Limited
4.49%
Shriram Finance Limited
3.81%
Large Cap
77.90%
Mid Cap
11.80%
Small Cap
9.90%
Banks
Finance
Capital Markets
Insurance
Dhaval Gada
Prescribed asset allocation: 80% - 100% Equity and equity related securities of companies engaged in banking and financial services sector , 0% - 20% Equity and Equity related securities of other Companies , 0% - 20% Debt and money market instruments , 0% - 10% Units of REITs & InvITs
Top holdings
HDFC Bank Limited
15.56%
ICICI Bank Limited
14.06%
Bajaj Finserv Limited
9.98%
State Bank of India
7.95%
Power Finance Corporation Limited
6.48%
Allocation by Market Cap
Large Cap
77.90%
Mid Cap
11.80%
Small Cap
9.90%
Top Sectors
Banks
Finance
Capital Markets
Insurance
Top holdings
No Data to display
Top holdings
TREPS / Reverse Repo Investments
7.55%
Cash & cash equivalents
0.05%
Instrument break-up
TREPS
100.00%
Portfolio turnover ratio
0.29 last 12 months
Performance highlights over last
for
investment
Cumulative returns on
Annual returns
Current value
Good Returns
Negative Returns
vs Category
vs Benchmark
Historical Returns (As per SEBI format)as of with investment of₹10,000
| This fund | Nifty Financial Services TRI ^ | NIFTY 50 TRI # | ||||
|---|---|---|---|---|---|---|
| CAGR | Current Value | CAGR | Current Value | CAGR | Current Value | |
Income distribution Cum Capital Withdrawal (IDCW) Distributed
| Record Date | IDCW per unit | NAV Before | NAV After |
|---|
| Funds | Annual returns | Current Value | Absolute Growth |
|---|
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 30, 2021
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments
Rolling returns have been calculated based on returns from regular plan growth option.
^ Fund Benchmark # Additional Benchmark
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 assurance that the investment objective of the Scheme will be achieved.
An open ended equity scheme investing in banking and financial services sector.
Level of Risk in the fund
Rs. 100 Lumpsum
Rs. 100
SIP– 12 instalments
Rs. 100 Minimum Additional Purchase
46.47K peoplehave invested in this fund as of
Equity holdings for DSP Banking & Financial Services Fund
| Name | % of Net Assets |
|---|---|
| HDFC Bank Limited | 15.56% |
| ICICI Bank Limited | 14.06% |
| State Bank of India | 7.95% |
| AU Small Finance Bank Limited | 2.97% |
| Axis Bank Limited | 2.80% |
| Bank of India | 1.67% |
| CSB Bank Limited | 0.90% |
| Union Bank of India | 0.84% |
| Name | % of Net Assets |
|---|---|
| Bajaj Finserv Limited | 9.98% |
| Power Finance Corporation Limited | 6.48% |
| Bajaj Finance Limited | 4.49% |
| Shriram Finance Limited | 3.81% |
| Cholamandalam Investment and Finance Company Limited | 3.64% |
| L & T Finance Limited | 2.70% |
| Manappuram Finance Limited | 2.06% |
| PNB Housing Finance Limited | 2.05% |
| Fusion Micro Finance Limited | 0.58% |
| IIFL Finance Limited | 0.13% |
| Name | % of Net Assets |
|---|---|
| Nippon Life India Asset Management Limited | 3.64% |
| Kfin Technologies Limited | 3.07% |
| 5Paisa Capital Limited | 0.49% |
| Name | % of Net Assets |
|---|---|
| Life Insurance Corporation of India | 2.53% |
Debt holdings for DSP Banking & Financial Services Fund
| Name | % of Net Assets |
|---|---|
| TREPS / Reverse Repo Investments | 7.55% |
100% of Debt instruments
