← Back to the fund page Use your browser's print dialog and choose “Save as PDF”. A4.
InvestVerdict

DSP Banking and PSU Debt Fund

Direct Plan · Growth · Banking & PSU · Scheme code 124175

NAV₹26.1384as on 27 Oct 2026
Fund houseDSP Mutual Fund
CategoryBanking & PSU
Plan & optionDirect · Growth
History12.9 years

Returns (%)

 1M3M6M1Y3Y5Y7Y10YLaunch
This scheme -0.092.332.20 4.917.006.04 6.606.997.75
Banking & PSU
category median		 ——— 3.936.856.14 —7.02—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

 VolatilitySharpeSortinoBetaAlphaMax fallR²
This scheme 2.1% 0.24 0.37 — — -3.1% —

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

871502142772014201620182020202220242026InvestVerdict

Drawdown from peak (%)

0%-1%-2%-3%2014201620182020202220242026

Every one-year period it has lived through

WindowsWorstMedianBestPeriods that lost money
2,897 2.0% 7.9% 13.1% 0%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

InvestVerdict

DSP Banking and PSU Debt Fund

Direct Plan · Growth

Allocation

By asset

Debt99.28%
AIF Units0.47%
Cash & Equivalents0.25%

By market cap

Concentration

Number of stocks43
Top 5 stocks21.74%
Top 10 stocks40.26%
Top 20 stocks66.97%
Lines in the filing45
Largest holding4.96%
Largest sectorCRISIL AAA 65.86%
Effective stocks34.5
Sectors held7
Cash0.25%

Effective stocks is what the concentration works out to: a fund holding 43 names but most of its money in a few behaves like a fund of 35. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL AAA — 65.9%Sovereign — 12.3%IND AAA — 9.0%ICRA AAA — 4.7%ICRA A1+ — 4.6%Other — 3.5%CRISIL AAA65.9%Sovereign12.3%IND AAA9.0%ICRA AAA4.7%ICRA A1+4.6%Other3.5%
CRISIL AAA65.86%
Sovereign12.33%
IND AAA8.97%
ICRA AAA4.72%
ICRA A1+4.59%
CRISIL A1+2.81%
Unclassified0.47%
Cash & Equivalents0.25%
InvestVerdict

DSP Banking and PSU Debt Fund

Direct Plan · Growth · holdings

Top 30 holdings

#CompanySectorShares held Value
₹ cr		% of fund
1 HDFC Bank Limited CRISIL AAA 12,500 128 4.96%
2 Union Bank of India ICRA A1+ 2,500 119 4.59%
3 Bharti Telecom Limited CRISIL AAA 10,000 106 4.10%
4 GAIL (India) Limited IND AAA 1,000 105 4.07%
5 Bharti Telecom Limited CRISIL AAA 10,000 104 4.02%
6 Small Industries Development Bank Of India CRISIL AAA 10,000 102 3.96%
7 Export-Import Bank Of India CRISIL AAA 10,000 102 3.94%
8 Small Industries Development Bank Of India CRISIL AAA 10,000 100 3.87%
9 7.08% Haryana SDL 26032039 Sovereign 10,500,000 98 3.79%
10 National Housing Bank IND AAA 7,500 77 2.96%
11 Power Grid Corporation of India Limited CRISIL AAA 750 77 2.95%
12 Power Finance Corporation Limited CRISIL AAA 750 76 2.93%
13 REC Limited CRISIL AAA 7,500 76 2.92%
14 Tata Capital Housing Finance Limited CRISIL AAA 7,500 75 2.90%
15 HDFC Bank Limited CRISIL AAA 750 75 2.88%
16 Punjab National Bank CRISIL A1+ 1,500 73 2.81%
17 6.90% GOI 15042065 Sovereign 7,500,000 70 2.69%
18 Power Finance Corporation Limited CRISIL AAA 6,500 62 2.41%
19 Indian Railway Finance Corporation Limited CRISIL AAA 500 55 2.12%
20 National Bank for Financing Infrastructure and Development CRISIL AAA 5,500 54 2.10%
21 Power Finance Corporation Limited CRISIL AAA 500 53 2.04%
22 7.32% GOI 13112030 Sovereign 5,000,000 52 2.01%
23 Power Finance Corporation Limited CRISIL AAA 5,000 52 2.00%
24 Indian Railway Finance Corporation Limited CRISIL AAA 5,000 52 1.99%
25 REC Limited CRISIL AAA 5,000 51 1.98%
26 Power Grid Corporation of India Limited CRISIL AAA 5,000 51 1.98%
27 Power Grid Corporation of India Limited CRISIL AAA 5,000 51 1.96%
28 State Bank Of India IND AAA 5,000 50 1.94%
29 7.43% Maharashtra SDL 03122040 Sovereign 5,000,000 49 1.90%
30 State Bank Of India ICRA AAA 5,000 49 1.87%
InvestVerdict

DSP Banking and PSU Debt Fund

Direct Plan · Growth · where the money sits

What the manager did last month

Between the filings of 30 Jun 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

BoughtSoldNew positionsSold out ofPrice move of holdings
₹80 cr ₹33 cr 6 6 +0.13%
StockShares tradedShares PriceValue
₹ cr
New position
Export-Import Bank Of India 10,000 entered — 103
REC Ltd 5,000 entered — 50.0
Bank of Baroda 500 entered — 24.4
Export-Import Bank Of India 500 entered — 24.2
Punjab National Bank 500 entered — 24.2
Indian Bank 500 entered — 23.5
Added to
HDFC Bank Ltd 500 +200.0% -0.3% 53.9
National Housing Bank 2,500 +50.0% +0.2% 25.8
Trimmed
Tata Capital Ltd 200 -50.0% +0.6% 27.5
7.24% GOI 18082055 500,000 -3.3% -1.3% 5.0
Sold out of
REC Limited 7,500 exited — 77.3
Small Industries Development Bank of India 5,000 exited — 52.9
Small Industries Development Bank of India 5,000 exited — 51.4
Tata Capital Housing Finance Limited 250 exited — 26.8
ICICI Securities Limited 500 exited — 24.8
7.48% Uttar Pradesh SDL 2044 500,000 exited — 5.0

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

InvestedValueGainXIRR
₹600,000 ₹707,736 ₹107,736 6.55%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 28 Oct 2026.