DSP Banking & Financial Services Fund vs Edelweiss Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
DSP Banking & Financial Services Fund is a Sectoral fund and Edelweiss Financial Services Fund is a Thematic fund. DSP Banking & Financial Services Fund charges 0.80% a year and Edelweiss Financial Services Fund 0.96% (Direct plans). Their portfolios overlap 61.9%: they hold 20 of the same securities.
DSP Banking & Financial Services Fund
Sectoral
- Expense ratio
- 0.80%
- NAV
- ₹14.18
Edelweiss Financial Services Fund
Thematic
- Expense ratio
- 0.96%
- NAV
- ₹8.91
Which is better, DSP Banking & Financial Services or Edelweiss Financial Services? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP Banking & Financial Services costs less: 0.80% a year against 0.96% (Direct plans).
- DSP Banking & Financial Services fell less in its worst fall since 18-02-2026: −14.7% against −15.8%.
- Edelweiss Financial Services holds more in large companies: 68.9% of the fund in large caps against 52.9%.
- DSP Banking & Financial Services is the larger fund: ₹2,034 Cr against ₹274 Cr.
- Their portfolios overlap 61.9%: 20 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | DSP Banking & Financial Services Fund | Edelweiss Financial Services Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | Edelweiss Mutual Fund |
| Category | Sectoral | Thematic |
| AUM | ₹2,034 Cr (30-09-2026) | ₹274 Cr (30-09-2026) |
| NAV | ₹14.18 (Direct) | ₹8.91 (Direct) |
| Expense ratio (Direct) | 0.80% | 0.96% |
| Expense ratio (Regular) | 2.18% | 2.57% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty Financial Services TRI |
| Launch date | 08-12-2023 | 16-02-2026 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Preethi R S | Trideep Bhattacharya, Ashwani Agarwalla, Ashish Sood, Amit Vora |
| Exit load | Exit load of 0.50%, if redeemed within 1 month. | Exit load of 1%, if redeemed within 90 days. |
DSP Banking & Financial Services vs Edelweiss Financial Services: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| DSP Banking & Financial Services Fund (Direct) | −2.96% | −7.27% | −2.24% | −0.55% | -- | -- | -- |
| Edelweiss Financial Services Fund (Direct) | −1.24% | −6.54% | −4.24% | -- | -- | -- | -- |
| Sectoral average | −1.70% | −4.49% | +2.30% | −0.58% | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | -- | -- | -- | -- |
Category average: the average of the 20 Sectoral funds and the 235 Thematic funds, same plan type.
DSP Banking & Financial Services vs Edelweiss Financial Services: Year-wise Returns
| Year | DSP Banking &DSP Banking & Financial Services | EdelweissEdelweiss Financial Services | Nifty Financial Services TRI |
|---|---|---|---|
| 2026to date | −3.33% | -- | −9.69% |
| 2025 | +23.59% | -- | +18.60% |
| 2024 | +17.42% | -- | +10.52% |
DSP Banking & Financial Services vs Edelweiss Financial Services: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
DSP Banking & Financial Services vs Edelweiss Financial Services: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Banking & Financial Services Fund (Direct) | Edelweiss Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.67% | −15.82% |
| Standard deviation | 16.67% | 19.04% |
| Sharpe ratio | 0.40 | -1.11 |
| Sortino ratio | 0.56 | -1.50 |
| Maximum drawdown | −14.7% (31-03-2026) | −15.8% (30-03-2026) |
| Beta | 0.93 | 0.96 |
| Alpha | +6.21% | +0.54% |
From daily NAVs, 11-12-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
DSP Banking & Financial Services Fund (Direct)
Edelweiss Financial Services Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Banking & Financial Services Fund (Direct) | −14.7% | 26-02-2026 | 31-03-2026 | 24-06-2026 | 3 months | −11.2% |
| Edelweiss Financial Services Fund (Direct) | −15.8% | 26-02-2026 | 30-03-2026 | Not yet | -- | −11.5% |
| Nifty Financial Services TRI | −17.3% | 18-02-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 18-02-2026, the first day every fund has.
DSP Banking & Financial Services vs Edelweiss Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Banking & Financial Services Fund, September 2026; Edelweiss Financial Services Fund, September 2026
Holdings in common
- Overlap
- 61.9%
- Held by both
- 20
- Only in DSP Banking & Financial Services
- 13
- Only in Edelweiss Financial Services
- 14
| Security | % of DSP Banking & Financial Services | % of Edelweiss Financial Services |
|---|---|---|
| ICICI Bank Limited | 9.70% | 10.86% |
| HDFC Bank Limited | 6.07% | 11.55% |
| Axis Bank Limited | 5.70% | 7.51% |
| State Bank of India | 4.63% | 8.33% |
| Kotak Mahindra Bank Limited | 4.63% | 5.21% |
| Shriram Finance Limited | 4.47% | 5.64% |
| Multi Commodity Exchange Of India Limited | 3.41% | 3.33% |
| SBI Life Insurance Co Limited | 3.87% | 3.22% |
| City Union Bank Limited | 3.97% | 3.19% |
| Cholamandalam Investment and Finance Co Limited | 5.16% | 2.71% |
| Bajaj Finance Limited | 4.32% | 2.62% |
| PNB Housing Finance Limited | 2.64% | 2.50% |
| Karur Vysya Bank Limited | 2.68% | 2.34% |
| Max Financial Services Limited | 4.18% | 1.73% |
| Ujjivan Small Finance Bank Limited | 4.57% | 1.47% |
| BSE Limited | 1.42% | 5.29% |
| Aditya Birla Sun Life AMC Limited | 1.51% | 1.33% |
| PB Fintech Limited | 3.01% | 0.67% |
| Billionbrains Garage Ventures Limited | 0.19% | 0.99% |
| ICICI Prudential Asset Management Co Limited | 0.02% | 0.76% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 61.9% means 61.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in DSP Banking & Financial Services Fund
| Security | % of fund |
|---|---|
| Canara HSBC Life Insurance Co Limited | 4.13% |
| Aditya Birla Capital Limited | 3.62% |
| Aadhar Housing Finance Limited | 3.34% |
| Bank Of Maharashtra | 2.51% |
| Union Bank Of India | 2.46% |
Largest holdings only in Edelweiss Financial Services Fund
| Security | % of fund |
|---|---|
| The Federal Bank Ltd. | 2.03% |
| AU Small Finance Bank Ltd. | 2.00% |
| Creditaccess Grameen Ltd. | 1.86% |
| L&T Finance Ltd. | 1.68% |
| Power Finance Corporation Ltd. | 1.45% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Banking & Financial Services | Edelweiss Financial Services |
|---|---|---|
| Equity | 98.5% | 96.7% |
| Debt | 0.0% | 0.0% |
| Cash and others | 1.5% | 3.3% |
Market cap of stocks
| Market cap | DSP Banking & Financial Services | Edelweiss Financial Services |
|---|---|---|
| Large Cap | 52.9% | 68.9% |
| Mid Cap | 18.9% | 11.4% |
| Small Cap | 25.8% | 16.2% |
| Not on AMFI's list | 1.0% | 0.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | DSP Banking & Financial Services | Edelweiss Financial Services |
|---|---|---|
| Banks | 48.4% | 57.1% |
| Finance | 23.6% | 21.2% |
| Capital Markets | 10.4% | 12.8% |
| Insurance | 12.4% | 5.0% |
| Financial Technology (Fintech) | 3.7% | 0.7% |
The six largest sectors of each fund's stocks, % of the fund.
DSP Banking & Financial Services vs Edelweiss Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Banking & Financial Services Fund | Edelweiss Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.80% | 0.96% |
| Base expense ratio (Direct) | 0.57% | 0.71% |
| Total expense ratio (Regular) | 2.18% | 2.57% |
| Base expense ratio (Regular) | 1.76% | 2.10% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
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DSP Banking & Financial Services Fund vs Edelweiss Financial Services Fund: Frequently Asked Questions
What is the difference between DSP Banking & Financial Services Fund and Edelweiss Financial Services Fund?
DSP Banking & Financial Services Fund is a Sectoral fund, Edelweiss Financial Services Fund is a Thematic fund, run by DSP Mutual Fund and Edelweiss Mutual Fund. Their portfolios overlap 61.9%. DSP Banking & Financial Services Fund charges 0.80% a year and Edelweiss Financial Services Fund 0.96%.
Which has the lower expense ratio, DSP Banking & Financial Services Fund or Edelweiss Financial Services Fund?
DSP Banking & Financial Services Fund charges less: 0.80% a year against 0.96%. These are the Direct plans' total expense ratios reported to AMFI.
How much do DSP Banking & Financial Services Fund and Edelweiss Financial Services Fund overlap?
61.9%. They hold 20 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, AXISBANK. From each fund's latest monthly portfolio.
Which is riskier, DSP Banking & Financial Services Fund or Edelweiss Financial Services Fund?
On SEBI's riskometer, DSP Banking & Financial Services Fund is rated Very High and Edelweiss Financial Services Fund Very High. Over their common history, the standard deviation of daily returns was 16.67% and 19.04% a year.
Can I invest in both DSP Banking & Financial Services Fund and Edelweiss Financial Services Fund?
Yes. 61.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages DSP Banking & Financial Services Fund and Edelweiss Financial Services Fund?
DSP Banking & Financial Services Fund: Preethi R S. Edelweiss Financial Services Fund: Trideep Bhattacharya, Ashwani Agarwalla, Ashish Sood, Amit Vora.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.