The DSP Nifty PSU Bank ETF, managed by DSP Asset Managers, is an open-ended scheme designed to replicate the Nifty PSU Bank Index, focusing on the banking sector specifically.

This ETF employs a strategy that closely tracks the Nifty PSU Bank TRI benchmark, with a minimal tracking error of 0.09%, ensuring efficient performance relative to its index.

The fund's portfolio is heavily concentrated in the banking sector, with top holdings like State Bank of India at 34.15%, indicating a significant concentration risk in a sector-specific investment.

Over the past year, the ETF has demonstrated a solid performance, achieving a change of 8.5%, which reflects its resilience in the current market context despite the lack of longer-term CAGR data.

With an AUM of ₹101 Cr and a low expense ratio of 0.15%, the fund is accessible and cost-efficient for investors looking to gain exposure to public sector banks through a well-managed ETF.