DSP Nifty Bank ETF
DSP Mutual Fund · Equity ETF · exchange-traded fund
NAV (₹), 23 Oct 2026
55.6636
1-day change
-1.16%
1Y return
-6.1%
3Y CAGR
8.6%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 3 Jan 2023 to 23 Oct 2026
Returns vs Equity ETF median (257 schemes) and “Sector: Banking & financial services” median (39)
| Period | Scheme | Category median | Sector: Banking & financial services median |
|---|---|---|---|
| 1 month | -4.0% | -6.8% | -4.0% |
| 3 months | -3.9% | -6.5% | -3.8% |
| 6 months | -3.0% | -5.7% | -3.2% |
| Year to date | -8.4% | -9.1% | -8.4% |
| 1 year | -6.1% | -9.0% | -6.1% |
| 3 years (CAGR) | 8.6% | 8.5% | 8.6% |
| 5 years (CAGR) | n/a | 6.2% | 6.7% |
| 7 years (CAGR) | n/a | 11.1% | 9.4% |
| 10 years (CAGR) | n/a | 11.2% | 10.2% |
| Since first NAV (CAGR) | 6.8% | – | – |
“Sector: Banking & financial services” is MFIC's grouping of Equity ETF schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 11.8% | 9.1% |
| 3Y rolling median | 9.7% | 14.6% |
| 3Y rolling worst | 7.1% | 5.3% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 14.4% |
| 5Y rolling worst | n/a | 5.5% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 16.8% | 16.9% |
| Sharpe ratio | 0.14 | 0.14 |
| Sortino ratio | 0.19 | 0.19 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −18.3% | −21.0% |
| Maximum drawdown, last 10Y | n/a | −38.0% |
| Maximum drawdown, last 5Y | n/a | −20.6% |
| Current drawdown | −11.3% | −13.4% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Anil Ghelani | Primary | 3 Jan 2023 |
| Diipesh Shah | Comanage | 3 Jan 2023 |
| Neha Rathi | Comanage | 1 May 2026 |
Objective: The Scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty Bank Index), subject to tracking errors. There is no assurance that the investment objective of the Scheme will be achieved
Stated asset allocation: 1. Equity and Equity Related Securities of companies constituting Nifty Bank Index, the Underlying Index : 95% - 100% 2. Cash and Cash Equivalents: 0% - 5% For detailed asset allocation pattern, please refer to the Scheme Information Document
Benchmark (tier 1): Nifty Bank TRI
Minimum application: Rs. 5000
Allotment date: 3 Jan 2023
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), ETF | 0.00% | 0.23% |
| AUM, whole scheme (₹ crore) | 420 | 99 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 22 Oct 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -4.9% | -4.7% TRI |
| Return, 3 years (AMFI) | 8.5% | 8.7% TRI |
Official benchmark: Nifty Bank TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Equity ETF ETFs; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -8.4% | n/a | – |
| 2025 | 17.9% | n/a | – |
| 2024 | 6.0% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 23 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,14,867 | -7.1% |
| 3 years | ₹3,60,000 | ₹3,78,080 | 3.1% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
About ETF figures. All figures use the ETF's NAV as published by AMFI. Investors buy and sell ETFs on the stock exchange at the traded price, which can be above or below NAV and adds brokerage and bid-ask costs. Liquidity varies between ETFs.
Scheme facts
AMC: DSP Mutual Fund
Category: Equity ETF
Plan / option: ETF · Growth
AMFI scheme code: 151262
ISIN: INF740KA1RX3
First NAV in MFIC data: 3 Jan 2023
History: 3.8 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Bajaj Finserv Nifty Bank ETF | Equity ETF | 1.00 | n/a |
| Mirae Asset Nifty Bank ETF | Equity ETF | 1.00 | 8.7% |
| ICICI Prudential Nifty Bank ETF | Equity ETF | 1.00 | 8.6% |
| Nippon India ETF Nifty Bank BeES | Equity ETF | 1.00 | 8.5% |
| HDFC NIFTY BANK ETF | Equity ETF | 1.00 | 8.6% |
| UTI Nifty Bank ETF | Equity ETF | 1.00 | 8.6% |
Questions about DSP Nifty Bank ETF
- What is the latest NAV of DSP Nifty Bank ETF?
- The NAV of the ETF was ₹55.6636 on 23 Oct 2026, as published by AMFI.
- Which category is DSP Nifty Bank ETF in?
- It is classified as Equity ETF in AMFI's daily NAV file; a Equity ETF scheme tracks an equity index and trades on the stock exchange. MFIC compares it with 257 Equity ETF schemes (ETFs).
- What returns has DSP Nifty Bank ETF delivered?
- Over one year the NAV changed by -6.1%. The 3-year CAGR is 8.6% (category median 8.5%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 9.7%, the lowest was 7.1%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in DSP Nifty Bank ETF's NAV?
- The largest peak-to-trough fall in its available history was 18.3%.
- How volatile is DSP Nifty Bank ETF?
- Its annualised standard deviation of monthly returns over the last 36 months is 16.8%, which is below the Equity ETF category median of 16.9%.
- What would a monthly SIP in DSP Nifty Bank ETF have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,78,080 on 23 Oct 2026, an annualised return (XIRR) of 3.1%. This uses the ETF plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of DSP Nifty Bank ETF?
- The total expense ratio of the ETF is 0.00% a year, as disclosed to AMFI (median of Equity ETF ETFs: 0.23%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is DSP Nifty Bank ETF?
- Assets under management of the whole scheme were ₹420 crore on 22 Oct 2026, as published by AMFI.
- What is the riskometer level of DSP Nifty Bank ETF?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of DSP Nifty Bank ETF and how has it compared?
- Its official benchmark is the Nifty Bank TRI. Over 3 years AMFI reports a return of 8.5% for this plan against 8.7% for the benchmark total return index. Past performance does not indicate future results.
- Who manages DSP Nifty Bank ETF?
- According to its Scheme Summary Document, DSP Nifty Bank ETF is managed by Anil Ghelani (since 3 Jan 2023), Diipesh Shah (since 3 Jan 2023), Neha Rathi (since 1 May 2026).
- What is the minimum investment in DSP Nifty Bank ETF?
- The minimum application amount is Rs. 5000.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 23 Oct 2026. Category medians use ETFs in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.