DSP Banking & Financial Services Fund - Regular - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Generated +5.2% annualized alpha (excess return) over its benchmark.
- Cost-efficient: expense ratio of 2.17% is lower than category median (2.52%).
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +6.57% | +6.32% | +0.25% |
| 3 Months | -1.04% | -0.20% | -0.84% |
| 6 Months | +5.74% | +5.98% | -0.24% |
| 1 Year | +8.00% | +3.90% | +4.10% |
| Since Inception | +14.54% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +5.00% | +4.03% | +0.97% |
| 2025 | +21.79% | +1.43% | +20.36% |
| 2024 | +15.64% | +20.41% | -4.77% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -3.78% | +15.44% | +16.04% | +30.13% | 97.9% | 97.3% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2026-02-26 | 2026-03-30 | -14.8% | 1 months | 3 months |
| 2026-08-31 | 2026-10-26 | -12.3% | 2 months | Not yet recovered |
| 2024-09-23 | 2025-01-27 | -11.9% | 4 months | 3 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| 1. Equity and Equity related Instruments of companies/entities engaged in Banking and Financial services sector: 80% to 100%. 2. Other Equity and Equity related Instruments/ Money Market Instruments/InvITs / Gold ETFs / Silver ETFs / Other Liquid Instruments / Units of Domestic Mutual Funds^: 0% to 20%. For detailed asset allocation pattern, please refer to the Scheme Information Document ^Any other security as may be permitted by SEBI/ RBI from time to time. Other Liquid instruments includes cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by the SEBI. The scheme may invest in the units of Overnight Fund, Money Market Fund & Liquid Fund (including Liquid ETFs) of Domestic Mutual Fund. | Per Scheme Mandate |
Investment Objective & Strategy
The primary investment objective of the scheme is to seek to generate returns through investment in 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.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 2,201 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Invesco India PSU Equity Fund | 5.6 | +17.09% | 2.37% | 127.9% | Rs 1,406 cr | Compare → |
| Invesco India Infrastructure Fund | 4.9 | +15.54% | 2.39% | 129.7% | Rs 1,483 cr | Compare → |
| quant Momentum Fund | 5.3 | - | 2.85% | 105.8% | Rs 1,270 cr | Compare → |
| HSBC Business Cycles Fund | 5.6 | +15.23% | 2.32% | 129.0% | Rs 1,210 cr | Compare → |
| HSBC Consumption Fund | 6.1 | +14.33% | 2.19% | 108.6% | Rs 1,774 cr | Compare → |
Frequently Asked Questions about DSP Banking & Financial Services Fund
What is the expense ratio of DSP Banking & Financial Services Fund?
DSP Banking & Financial Services Fund has a total expense ratio (TER) of 2.17% with a base expense ratio of 1.74%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages DSP Banking & Financial Services Fund?
DSP Banking & Financial Services Fund is managed by Preethi R S.
What are the historical returns of DSP Banking & Financial Services Fund?
DSP Banking & Financial Services Fund has a 1-year return of +8.00%.
How large is DSP Banking & Financial Services Fund?
DSP Banking & Financial Services Fund manages assets of Rs 2,201 cr, placing it in the 'comfortable' size band relative to Sectoral / Thematic peers.
How is DSP Banking & Financial Services Fund scored on MFIQ?
DSP Banking & Financial Services Fund holds an MFIQ Score of 6.7/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is DSP Banking & Financial Services Fund?
DSP Banking & Financial Services Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 16.94% with a maximum historical drawdown of -14.79%.