May 3, 2025
mayank
DSP Banking & Financial Services Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 12.8840
NAV IDCW: Rs 11.9000
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks 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.
Fund Manager:
1) Dhaval Gada
Education: Mr. Gada has done B.Com, PGDM(Finance) and CFA (level 3 appearing)
Experience: Prior to joining DSP Mutual Fund, he has worked with Sundaram Mutual Fund, Motilal Oswal Financial Services Ltd, Morgan Stanley, Edelweiss Capital, India Capital Market Pvt Ltd. and Gridstone Research
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs)– | |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 1 month |
Basic Details of DSP Banking & Financial Services Fund
| Fund House | DSP Mutual Fund |
| Launch Date | 08-Dec-23 |
| Return Since Launch | 19.84% |
| Benchmark | NIFTY Financial Services TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,136 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.72% |
| (As on 31-Mar-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 74.00% |
Trailing Returns (%) of DSP Banking & Financial Services Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Banking & Financial Services Dir | 8.53 | 0.48 | 4.24 | 9.72 | 7.23 | 20.24 | — | — | — | — |
| BSE Bankex TRI | 8.60 | 0.14 | 6.02 | 11.54 | 6.49 | 13.51 | — | — | — | — |
| Equity: Sectoral-Banking | 6.63 | 0.01 | 5.89 | 9.68 | 5.13 | 12.86 | — | — | — | — |
| Rank within category | 8 | 1 | 33 | 19 | 4 | 1 | — | — | — | — |
| Number of funds in category | 33 | 37 | 37 | 33 | 32 | 27 | 17 | 12 | 11 | 10 |
Peer Comparison of DSP Banking & Financial Services Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| DSP Banking & Financial Services Dir | Unrated | 20.24 | — | — | 0.72 | 1,136 | 19.84 | 19.84 | 1Y 4M | 74.00 |
| SBI Banking & Financial Services Dir | 4 star | 16.72 | 20.45 | 23.73 | 0.76 | 7,111 | 15.89 | 15.89 | 10Y 2M | 133.00 |
| Nippon India Banking & Financial Srvices Dir | 4 star | 15.04 | 20.79 | 28.42 | 1.02 | 6,566 | 14.65 | 14.65 | 12Y 4M | 20.00 |
| Sundaram Financial Services Opportunities Dir | 4 star | 10.47 | 23.06 | 25.64 | 0.85 | 1,415 | 14.53 | 14.53 | 12Y 4M | 74.40 |
| Invesco India Financial Services Dir | 4 star | 12.96 | 22.24 | 24.21 | 0.87 | 1,208 | 16.17 | 16.17 | 12Y 4M | 19.00 |
Portfolio Analysis of DSP Banking & Financial Services Fund
| No. of Stocks | 25 |
| Top 10 Stocks | 63.03% |
| Top 5 Stocks | 43.20% |
| Top 3 Sectors | 79.18% |
| Portfolio P/B Ratio | 3.10 |
| Portfolio P/E Ratio | 18.99 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,33,626 | 3,47,699 |
| Giant (%) | 63.07 | 65.54 |
| Large (%) | 21.94 | 20.99 |
| Mid (%) | 12.22 | 14.47 |
| Small (%) | 2.77 | 5.13 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For DSP Banking & Financial Services Fund
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