Fundalysisby DARKHORSESTOCKS

Scheme

DSP BSE MidSmall Private Banks ETF

Holds 18 companies worth ₹81.5 Cr in Sept 2026.

  • Fund house

    DSPThe fund house that runs this scheme.

  • AUM

    ₹81.5 CrDSP BSE MidSmall Private Banks ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 1266.6% on Aug 2026, ₹6 Cr.

  • Largest holding

    Federal BankFederal Bank is 17.3% of this scheme's NAV.

  • Fund manager

    Anil GhelaniRuns it since 3 Aug 2026, as the fund house dates it. With Diipesh Shah (co-manager), Neha Rathi (co-manager).

Overview(6 Oct 2026)

Fund managers3

  1. Anil GhelaniFund manager · Aug 2026 · 26y · CA CFA B.Com
  2. Diipesh ShahCo-manager · Aug 2026 · 22y · CA CFA B.Com
  3. Neha RathiCo-manager · Aug 2026 · 8y · CA B.Com

    Key facts

    Benchmark
    BSE MidSmall Private Banks Index (TRI)
    Risk
    Very High
    Expense
    Regular 0% · Direct 0.52%
    Exit load
    Nil
    Started
    3 Aug 2026
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

    What changed(2 changes)

    Oct 2026

    1 change
    1. Expense ratio
      1 OctDirect 1.68% → 0.52%

    Aug 2026

    1 change
    1. Expense ratio
      31 AugDirect 0.2% → Regular 0% · Direct 1.68%

    Source.Its filings at NSE, since Aug 2026.

    Fund managers over time(Aug 2026 – now)

    1. Anil Ghelani
    2. Diipesh Shah
    3. Neha Rathi
    MainCoSlice
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Aug 2026 – Oct 2026)

    Every change to the expense ratio, newest first.
    3 changesRegularDirectΔ pt
    1 Oct 20260.00%0.52%1.16
    31 Aug 20260.00%1.68%1.48
    12 Aug 2026–0.20%–
    Direct plan, 1 Oct 2026
    0.52%
    Regular plan 0.00% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(6 Oct 2026)

    Objective

    The investment objective of the Scheme is to generate returns that are commensurate with the performance of BSE MidSmall Private Banks Index, subject to tracking error. There is no assurance that the investment objective of the Scheme will be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open ended scheme replicating / tracking BSE MidSmall Private Banks Index
    Benchmark
    BSE MidSmall Private Banks Index (TRI)

    Asset allocation it may hold% of NAV

    1. A. Equity and Equity Related Securities of companies constituting BSE MidSmall Private Banks Index, the Underlying Index
      Allowed95–100%Holds100.0%
    2. B. Cash and Cash Equivalents
      Allowed0–5%Holds0.0%

    Holds in Sept 2026.100.0% equity

    How to invest(6 Oct 2026)

    Buying

    To start
    ₹5,000, then re. 1
    To add
    ₹5,000, then re. 1

    Selling and switching

    To redeem
    ₹0.01 or 0.001 units

    Scheme details(6 Oct 2026)

    What it is

    Category
    Exchange Traded Fund (ETF)
    Offer
    28 Jul 2026 to 30 Jul 2026
    Started
    3 Aug 2026
    Reopened
    7 Aug 2026
    Plans
    Presently the Scheme does not offer any Plans/Options under the Scheme. The AMC/Trustee reserves the right to introduce Plan(s)/Option(s) as may be deemed appropriate at a later date
    Face value
    ₹10
    Listed
    Listed on BSE and NSE

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    HSBC
    Auditor
    S.R. Batliboi & Co LLP
    Registrar
    Computer Age Management Services Limited (CAMS)
    SEBI code
    DSPM/O/O/EET/26/07/0098