Sectoral / Thematic · Equity

DSP Banking & Financial Services Fund

DSP Asset Managers Private Limited

Benchmark

Nifty Financial Services TRI

Riskometer

Very High

Size

₹2,074 cr

Allotted

8 Dec 2023

Holdings as of

30 Sep 2026

DSP Banking & Financial Services Fund is a sectoral / thematic fund of DSP Asset Managers Private Limited with ₹2,074 cr under management. It is ahead of its benchmark (Nifty Financial Services TRI) in 1 of 1 periods. Its direct plan charges 0.80% a year. Preethi R S has managed it for 1.0 years.

Has DSP Banking & Financial Services Fund beaten its benchmark?

Ahead of its benchmark, Nifty Financial Services TRI, in 1 of 1 periods in AMFI's figures; +6.48% over the last year against −5.31%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	−4.42%	−3.60%	—
3 months	−3.72%	−5.03%	—
6 months	+3.06%	−1.83%	—
1 year	+6.48%	−4.06%	+10.54 pts
3 years	—	+9.27%	—
5 years	—	+8.00%	—
10 years	—	+12.69%	—
Since start from 11 Dec 2023	+14.58%	—	—

Valarth price history to 13 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (Nifty Financial Services TRI) in 1 of 1 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.48%	+4.96%	−5.31%	+11.79	🔒
3y	—	—	—	—	—
5y	—	—	—	—	—
10y	—	—	—	—	—

Ahead in points a year · its rank among Sectoral / Thematic funds, and how steady the lead is, in the app

Value of 100, month-end

Dec 2023 to 13 Oct 2026

Fund 146Nifty 500 TRI 117

₹100 put in at the start of Dec 2023 would be ₹146 on 13 Oct 2026, against ₹117 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does DSP Banking & Financial Services Fund cost?

0.80% a year on the direct plan, 2.17% on the regular plan; 2 of 21 funds in its category charge less.

Direct plan

0.80% a year

Category median 1.06%

Regular plan

2.17% a year

Category median 2.49%

Gap

1.37 points

for the same holdings

2 of 21 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Equity Schemes - Sectoral Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages DSP Banking & Financial Services Fund?

Preethi R S, since 1 Oct 2025; Vinit Sambre, since None.

Preethi R S

Primary (Equity and Overseas portion)

1.0 years

since 1 Oct 2025

Vinit Sambre

September 25, 2026

None years

since None

Benchmark as filedNifty Financial Services TRI

Exit load

Holding period from the date of allotment: <= 1 month – 0.50% > 1 month – Nil (as a % of Applicable NAV)

From 114 Scheme Summary Documents filed with NSE, first on 13 Apr 2026; as on 12 Oct 2026

What does DSP Banking & Financial Services Fund hold?

35 holdings as of 30 Sep 2026; the ten largest are 53.4% of the fund, the largest ICICI Bank Limited at 9.7%.

Mix

Holdings as of 30 Sep 2026

Equity98.5%Debt0.0%Cash1.5%Other0.0%

Holdings

33 shares

Top ten

53.4%

of the fund

Effective holdings

22.1

spread, as if equal-weighted

Matched to our table

100%

of the equity

Five largest

% of fund

ICICI Bank Limited9.70%

HDFC Bank Limited6.07%

Axis Bank Limited5.70%

Cholamandalam Investment and Finance Co Limited5.16%

State Bank of India4.63%

Five largest industries

% of fund

Banks49.1%

Finance23.9%

Insurance12.6%

Capital Markets10.6%

Financial Technology (Fintech)3.80%

By company size

% of equity · SEBI size lists

Large Cap54.7%Mid Cap19.1%Small Cap26.2%

How does DSP Banking & Financial Services Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro

Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro

The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is DSP Banking & Financial Services Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro

Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

not an index tracker

Nearest to the Nifty 50: 69% of it differs from the index (an active fund is usually above 60%).

Active share 69.0%60%

Funds that hold much the same

% of holdings in common

Baroda BNP Paribas Banking & Financial Services Fund68.4% the same

25 shared holdings

Mahindra Manulife Banking & Financial Services Fund66.6% the same

20 shared holdings

TATA BANKING & FINANCIAL SERVICES FUND64.1% the same

22 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro

How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages DSP Banking & Financial Services Fund?

Preethi R S (Primary (Equity and Overseas portion)) since 1 Oct 2025; Vinit Sambre (September 25, 2026) since None.

What is the expense ratio of DSP Banking & Financial Services Fund?

0.80% a year on the direct plan and 2.17% on the regular plan (expense report, Oct 2026).