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

This ETF employs a tracking approach to mirror the performance of the Nifty Private Bank TRI, ensuring investors gain exposure to leading private banks in India.

Top holdings include ICICI Bank (22.5%), HDFC Bank (22.0%), and Kotak Mahindra Bank (18.7%), indicating significant concentration risk in a few major banks within the portfolio.

Over the past year, the fund has delivered a notable return of +13.7%, with a low tracking error of 0.06%, underscoring its effectiveness in tracking the benchmark closely.

With an AUM of ₹401 Cr and an expense ratio of 0.16%, the fund is managed by experienced professionals, Anil Ghelani and Diipesh Shah, ensuring operational efficiency and liquidity for investors.