The DSP Nifty Private Bank ETF, managed by DSP Asset Managers, seeks to replicate the Nifty Private Bank Index, focusing on sector-specific investments within the Indian banking industry.

This open-ended scheme employs a passive investment strategy, tracking the Nifty Private Bank TRI benchmark with minimal tracking error of 0.06%, ensuring alignment with index performance.

The fund's portfolio is heavily concentrated in the banking sector, with top holdings including ICICI Bank and HDFC Bank, representing over 44% of total assets, indicating potential concentration risk.

Over the past year, the fund has experienced a decline of 1.9%, reflecting market challenges, while the absence of longer-term CAGR metrics limits performance assessment over extended periods.

With an AUM of ₹401 Cr and a low expense ratio of 0.16%, the fund remains accessible for investors, managed by experienced professionals Anil Ghelani and Diipesh Shah since July 2023.