Mutual Fund

​Here are the details of the DSP Banking and Financial Services Fund:​

• Description: The DSP Banking and Financial Services Fund aims to generate returns by investing in domestic and overseas equity and equity-related securities of companies engaged in the banking and financial services sector. ​

• Asset Class: Equity​  

• Asset Sub-Class: Thematic – Banking and Financial Services​ 

• XIRR (Extended Internal Rate of Return): Specific XIRR data is not provided in the available sources.​

• Return Rates:

  • 1-Year Return: 20.03%​ 

  • 3-Year Return: Data not available​

  • 5-Year Return: Data not available  

  • Since Inception (December 8, 2023): 18.69%    

• CAGR (Compound Annual Growth Rate): Since the fund was launched in December 2023, a 5-year CAGR is not available.​

• Expense Ratio:

  • Regular Plan: 2.20%​

  • Direct Plan: 0.73% ​ 

• Minimum Investment Amount:

  • Lump Sum: ₹100​

  • SIP (Systematic Investment Plan): ₹100   

• Lock-in Period: None​  

• Exit Load: 0.5% if redeemed within 1 month of investment ​  

Please note that mutual fund investments are subject to market risks, and past performance is not indicative of future results. It's advisable to consult with a financial advisor before making investment decisions.