DSP Banking & Financial Services Fund - Dir (IDCW)


Sectoral / Thematic
  • NAV 10.12 (0%)
  • Fund Size (Cr) ₹562.51
  • Expense Ratio 0.89
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹100
  • Minimum Additional Investment ₹0
  • Minimum SIP Investment ₹100
  • Minimum Withdrawal ₹0
  • Exit Load 0%
  • Return Since Launch 1.24%

Basic Details

Scheme Manager
Dhaval Gada
Bench Mark
Nifty Financial Services TRI
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 16-Feb-24
  • 10092.71
  • 0.93%
  • -
  • 0.83%
  • 265/640
  • 1 Month
  • 23-Jan-24
  • 10184.09
  • 1.84%
  • -
  • 6.56%
  • 611/628
  • 3 Month
  • 0
  • -
  • -
  • 16.10%
  • -/-
  • 6 Month
  • 0
  • -
  • -
  • 22.80%
  • -/-
  • 1 Year
  • 0
  • -
  • -
  • 45.23%
  • -/-
  • 3 Year
  • 0
  • 0%
  • -
  • 21.89%
  • -/-
  • 5 Year
  • 0
  • 0%
  • -
  • 21.21%
  • -/-
  • Since Inception
  • 08-Dec-23
  • 10124
  • 1.24%
  • 1.24%
  • 19.38%
  • 632/644

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Jan-24
  • 20000
  • 20002.01
  • 0.01%
  • 0.01%
  • 3 Year
  • 01-Jan-24
  • 20000
  • 20002.01
  • 0.01%
  • 0.00%
  • 5 Year
  • 01-Jan-24
  • 20000
  • 20002.01
  • 0.01%
  • 0.00%
  • 10 Year
  • 01-Jan-24
  • 20000
  • 20002.01
  • 0.01%
  • 0.00%

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment Type

  • Monthly Investment

  • Expected Returns Rate

    %
  • Time Period

    yrs

Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
Why Wait? Start Investing
  • Select Scheme

  • Investment Type

  • Monthly Investment

  • Time Period


Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
* The calculator shows annualized returns.
Why Wait? Start Investing

Risk Ratios

  • Standard Deviation
    -
  • Beta
    -0.11%
  • Sharpe Ratio
    0%
  • Treynor’s Ratio
    0.05%
  • Jension’s Alpha
    -7.62%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • ICICI Bank
  • 18.14%
  • 992216
  • 102.01
  • Equity
  • Banks
  • HDFC Bank
  • 17.45%
  • 671028
  • 98.14
  • Equity
  • Banks
  • Bajaj Finserv
  • 8.75%
  • 302488
  • 49.22
  • Equity
  • Finance
  • Bajaj Finance
  • 5.48%
  • 44904
  • 30.82
  • Equity
  • Finance
  • Shriram Finance
  • 4.39%
  • 100005
  • 24.67
  • Equity
  • Finance
  • AU Small Finance
  • 3.67%
  • 324579
  • 20.66
  • Equity
  • Banks
  • Bank of India
  • 2.95%
  • 1193440
  • 16.58
  • Equity
  • Banks
  • Cholaman.Inv.&Fn
  • 2.68%
  • 127220
  • 15.06
  • Equity
  • Finance
  • Nippon Life Ind.
  • 2.63%
  • 281828
  • 14.79
  • Equity
  • Finance
  • IIFL Finance
  • 2.34%
  • 211208
  • 13.17
  • Equity
  • Finance

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • DSP Banking & Financial Services Fund - Dir (IDCW)
  • Stars
  • 562.51
  • 1.84%
  • -
  • -
  • -
  • -
  • Aditya Birla SL PSU Equity Fund - Direct (G)
  • Stars
  • 2678.68
  • 13.99%
  • 43.98%
  • 62.30%
  • 101.98%
  • 44.42%
  • Aditya Birla SL PSU Equity Fund - Direct (IDCW)
  • Stars
  • 2678.68
  • 13.96%
  • 43.96%
  • 62.27%
  • 101.96%
  • 44.46%
  • SBI PSU Fund - Direct (IDCW)
  • Stars
  • 1432.29
  • 14.98%
  • 41.57%
  • 54.15%
  • 98.22%
  • 40.95%
  • SBI PSU Fund - Direct (G)
  • Stars
  • 1432.29
  • 14.98%
  • 41.57%
  • 54.15%
  • 98.22%
  • 40.95%
  • Invesco India PSU Equity Fund - Direct (IDCW)
  • Stars
  • 775.11
  • 16.00%
  • 38.03%
  • 51.61%
  • 93.26%
  • 39.50%

News

  • DSP Mutual Fund Announces IDCW & Income Distribution cum Capital Withdrawal (IDCW) under its scheme DSP Mutual Fund has announced 28 February 2024 as the record date for declaration of IDCW under the following schemes. The proposed IDCW on the face value of Rs 10 per unit will be:

    DSP Equity & Bond Fund - Regular Plan ? IDCW & Direct Plan ? IDCW: 0.20 each.

    Powered by Capital Market - Live News

  • DSP MF Announces Income Distribution cum Capital Withdrawal (IDCW) under four schemes DSP Mutual Fund has announced 22 February 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The amount of IDCW (Rs. per unit) on the face value of Rs 10 per unit will be:

    DSP Mid Cap Fund ? Regular Plan ? IDCW Option: 2.300

    DSP Mid Cap Fund ? Direct Plan ? IDCW Option: 5.400

    DSP Global Allocation Fund ? Regular Plan ? IDCW Option: 0.800

    DSP Equity Savings Fund ? Regular Plan & Direct Plan ? IDCW Option: 0.800 each.

    Powered by Capital Market - Live News

  • DSP Mutual Fund Announces Income Distribution cum Capital Withdrawal (IDCW) DSP Mutual Fund has announced 15 February 2024 as the record date for declaration of IDCW under the following scheme. The proposed IDCW on the face value of Rs 10 per unit will be:

    DSP ELSS Tax Saver Fund - Regular Plan ? IDCW Option: 0.570

    DSP ELSS Tax Saver Fund - Direct Plan ? IDCW Option: 0.570

    DSP Small Cap Fund - Regular Plan ? IDCW Option: 4.600

    DSP Small Cap Saver Fund - Direct Plan ? IDCW Option: 5.000

    DSP World Mining Fund - Regular Plan ? IDCW Option: 0.700

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 20-Nov-2023
  • Total AUM (Cr) ₹562.51

DSP Banking & Financial Services Fund - Dir (IDCW) is an Sectoral / Thematic-oriented fund from the renowned AMC, DSP Mutual Fund. Launched in Nov 2023, this fund is managed by Dhaval Gada. With assets under management (AUM) worth ₹562.51 (Cr), as of 26-Feb-2024, DSP Banking & Financial Services Fund - Dir (IDCW) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 1.24% since its launch.
The current NAV of DSP Banking & Financial Services Fund - Dir (IDCW) is ₹10.12, as on 26-Feb-2024. The fund’s benchmark index is Nifty Financial Services TRI. You can invest in DSP Banking & Financial Services Fund - Dir (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated - and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 85.19% in Equity, 14.89% in Debt and -0.08% in cash and cash equivalents
The top 5 sectors the fund invests in are: 44.44% in Banks, 33.74% in Finance, 14.89% in Debt, 6.01% in Capital Markets and 1% in Insurance.

FAQs on DSP Banking & Financial Services Fund - Dir (IDCW)

DSP Banking & Financial Services Fund - Dir (IDCW) is a popular fund in the Sectoral / Thematic segment. The fund has generated a return of 1.24% since inception. Looking to invest in DSP Banking & Financial Services Fund - Dir (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in DSP Banking & Financial Services Fund - Dir (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, DSP Banking & Financial Services Fund - Dir (IDCW)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in DSP Banking & Financial Services Fund - Dir (IDCW) today and reap the benefits of this Sectoral / Thematic fund!

In the short term, i.e., 1 year, DSP Banking & Financial Services Fund - Dir (IDCW) has generated annualised return of -. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 1.24% returns.

The expense ratio of DSP Banking & Financial Services Fund - Dir (IDCW) Direct Growth is 0.89%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of DSP Banking & Financial Services Fund - Dir (IDCW) is ₹562.51 (Cr) as of 26 February 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of DSP Banking & Financial Services Fund - Dir (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from DSP Banking & Financial Services Fund - Dir (IDCW):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case DSP Banking & Financial Services Fund - Dir (IDCW)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in DSP Banking & Financial Services Fund - Dir (IDCW). Minimum lumpsum investment DSP Banking & Financial Services Fund - Dir (IDCW) is ₹100 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of DSP Banking & Financial Services Fund - Dir (IDCW) is ₹10.12 as on 26 February 2024.

The 5 biggest stock holdings of DSP Banking & Financial Services Fund - Dir (IDCW) are:
ICICI Bank (18.14%), HDFC Bank (17.45%), Bajaj Finserv (8.75%), Bajaj Finance (5.48%), Shriram Finance (4.39%)

A majority of DSP Banking & Financial Services Fund - Dir (IDCW) 's AUM worth ₹562.51 (Cr) is invested in these 3 top sectors:

  • Banks: 44.44%
  • Finance: 33.74%
  • Debt: 14.89%

Power your investments with our smart trading platforms

mobilefooterimg
  • app_download_icon_img
    5 million+
    App downloads
  • 1_Click_icon_img
    1-Click
    Order Placement
  • higherreturns_icon_img
    1,316 Crore+
    Average Daily Turnover