Markets / Mutual funds / Index Funds (equity)

DSP Nifty Private Bank Index Fund - Direct Plan - Growth

NAVs of 8 Nov 2026

DSP Mutual Fund · Index & ETFs fund · Direct plan · Growth

Index Funds (equity)Direct · GrowthRisk: Very High

NAV · 6 Nov 2026

₹12.1543 ▲ 3.22%

DSP Mutual Fund

Fund size₹103 crJuly - September 2026

1-month range₹10.97 – 12.15

1 year+6.25%rank 23 of 245

Expense ratio0.47%direct plan, a year

5 years–a year

What the fund does

The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty Private Bank Index, subject to tracking error. There is no assurance that the investment objective of the Scheme will be achieved.

BenchmarkNifty Private Bank TRI

Launched6 Mar 2025

Fund houseDSP Mutual Fund

Fund managersAnil Ghelanisince 6 Mar 2025Diipesh Shahsince 6 Mar 2025Neha Rathisince 1 May 2026

NAV history

Returns

1 week

+9.04%avg 4.7%

1 month

+8.76%avg 4.2%

3 months

+7.68%avg -1.1%

6 months

+11.55%avg 2.0%

This year

+2.98%avg 1.1%

1 year

+6.25%avg 2.3% · #23/245

Bars: this plan; the thin mark is the Index Funds (equity) average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2025			+5.9	+5.6	+1.3	+3.6	-3.1	-5.4	+1.6	+5.8	+2.6	-0.3
2026	-0.6	+0.2	-15.7	+8.7	+0.1	+6.4	-1.4	+2.0	-4.7	+1.3	+9.0

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held1012 lines in all

Top 10 stocks100.0%of the fund

Short positions-0.3%sold through derivatives

Net equity99.7%long stocks and derivatives minus shorts

Where the money is

Equity 100.0%Short -0.3%

Sectors (stocks held)

Banks

100.0%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Stocks held	100.0%	99.9%	+0.05
Short positions	-0.3%	-0.0%	-0.26
Cash & others	0.0%	0.1%	-0.05
Top 10 stocks	100.0%	99.9%	+0.05
Number of stocks	10	10	0

Bought more 2

HDFC Bank Limited+2.18
Axis Bank Limited+0.29

Cut back 4

Kotak Mahindra Bank Limited-0.89
Federal Bank Limited-0.55
ICICI Bank Limited-0.54
IndusInd Bank Limited-0.45

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 10

Holding	Sector / type	% of fund
ICICI Bank Limited INE090A01021	Banks	21.53%
HDFC Bank Limited INE040A01034	Banks	20.82%
Kotak Mahindra Bank Limited INE237A01036	Banks	19.84%
Axis Bank Limited INE238A01034	Banks	19.27%
Federal Bank Limited INE171A01029	Banks	5.35%
IndusInd Bank Limited INE095A01012	Banks	4.05%
IDFC First Bank Limited INE092T01019	Banks	3.69%
Yes Bank Limited INE528G01035	Banks	2.51%
RBL Bank Limited INE976G01028	Banks	1.71%
Bandhan Bank Limited INE545U01014	Banks	1.20%

Short positions 1

Holding	Sector / type	% of fund
Net Receivables/Payables	–	-0.27%

Debt, money market and cash 1

Holding	Sector / type	% of fund
TREPS / Reverse Repo Investments	–	0.30%

From the fund house's monthly portfolio (dspim.com), as on 30 Sept 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.

Risk

Volatility17.5%yearly, from daily NAVs

Worst fall-17.31%18 Feb 2026 → 30 Mar 2026

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 7 Mar 2025).

Where it can invest (limits from the scheme document)

A. Equity and Equity Related Securities of companies constituting Nifty Private Bank Index, the Underlying Index

95–100%

B. Cash and Cash Equivalents

0–5%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹103 cr across all plans · this plan ₹75.05 cr
Fund house	DSP Mutual Fund
Category	Index & ETFs · Index Funds (equity)
Plan	Direct
Option	Growth
Expense ratio (TER)	Direct 0.47% · Regular 1.17% (5 Nov 2026)
Minimum investment	₹100 · additional ₹100
Scheme code (AMFI)	153348
ISIN	INF740KA1VN6
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · IDCW	₹11.5366	+0.85%
Regular · Growth	₹12.0097	+5.51%
Regular · IDCW	₹11.3953	+0.11%

Top Index Funds (equity) funds (direct plans)

Fund	1 year	3 years (a year)
ICICI Prudential NASDAQ 100 Index Fund	+11.35%	+25.97%
Motilal Oswal S&P 500 Index Fund	+15.95%	+24.43%
ICICI Prudential Nifty Pharma Index Fund	+25.71%	+23.43%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	+22.38%	+21.92%
UTI Nifty 500 Value 50 Index Fund	+4.42%	+20.51%
ICICI Prudential Nifty Auto Index Fund	+4.55%	+19.95%
Navi Nifty India Manufacturing Index Fund	+5.44%	+18.73%
Edelweiss Nifty Next 50 Index Fund	+4.27%	+17.57%
DSP Nifty Private Bank Index Fund	+6.25%	–

All Index Funds (equity) funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of DSP Nifty Private Bank Index Fund - Direct Plan - Growth today?

₹12.1543 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of DSP Nifty Private Bank Index Fund - Direct Plan - Growth?

1 year: 6.25%

How does DSP Nifty Private Bank Index Fund rank in its category?

23 of 245 Index Funds (equity) funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.