DSP BSE MidSmall Private Banks ETF vs Edelweiss Nifty Bank ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP BSE MidSmall Private Banks ETF is a mutual fund and Edelweiss Nifty Bank ETF is an ETF fund. DSP BSE MidSmall Private Banks ETF charges 0.52% a year and Edelweiss Nifty Bank ETF 0.82%. Their portfolios overlap 24.6%: they hold 5 of the same securities.
Which is better, DSP BSE MidSmall Private Banks ETF or Edelweiss Nifty Bank ETF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP BSE MidSmall Private Banks ETF costs less: 0.52% a year against 0.82%.
- Edelweiss Nifty Bank ETF fell less in its worst fall since 03-08-2026: −7.3% against −13.2%.
- Edelweiss Nifty Bank ETF holds more in large companies: 75.4% of the fund in large caps against 0.0%.
- DSP BSE MidSmall Private Banks ETF is the larger fund: ₹82 Cr against ₹3 Cr.
- Their portfolios overlap 24.6%: 5 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 BSE MidSmall Private Banks ETF | Edelweiss Nifty Bank ETF |
|---|---|---|
| Fund house | DSP Mutual Fund | Edelweiss Mutual Fund |
| Category | Not available | ETF |
| AUM | ₹82 Cr (30-09-2026) | ₹3 Cr (30-09-2026) |
| NAV | ₹15.25 | ₹55.23 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty Bank TRI |
| Launch date | Not available | 10-09-2024 |
| Minimum investment | Not available | ₹25,00,00,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Bhavesh Jain, Manasi Jalgaonkar |
| Exit load | Not available | NIL |
DSP BSE MidSmall Private Banks ETF vs Edelweiss Nifty Bank ETF: 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 BSE MidSmall Private Banks ETF | −7.45% | -- | -- | -- | -- | -- | -- |
| Edelweiss Nifty Bank ETF | +0.10% | −4.16% | +0.21% | −5.42% | -- | -- | -- |
DSP BSE MidSmall Private Banks ETF vs Edelweiss Nifty Bank ETF: Year-wise Returns
| Year | DSP BSE MidSmall Private BanksDSP BSE MidSmall Private Banks ETF | Edelweiss Nifty BankEdelweiss Nifty Bank ETF |
|---|---|---|
| 2026to date | -- | −7.83% |
| 2025 | -- | +17.93% |
DSP BSE MidSmall Private Banks ETF vs Edelweiss Nifty Bank ETF: Rolling Returns
Every holding period of both funds, against BSE MidSmall Private Banks TRI, the benchmark of DSP BSE MidSmall Private Banks ETF
DSP BSE MidSmall Private Banks ETF vs Edelweiss Nifty Bank ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP BSE MidSmall Private Banks ETF | Edelweiss Nifty Bank ETF |
|---|---|---|
| Return (CAGR) | −41.22% | +3.82% |
| Standard deviation | 16.96% | 15.38% |
| Sharpe ratio | -2.74 | -0.12 |
| Sortino ratio | -3.13 | -0.18 |
| Maximum drawdown | −13.2% (30-10-2026) | −18.4% (31-03-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.18% | −0.21% |
From daily NAVs, 03-08-2026 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 BSE MidSmall Private Banks ETF
Edelweiss Nifty Bank ETF
BSE MidSmall Private Banks TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP BSE MidSmall Private Banks ETF | −13.2% | 21-08-2026 | 30-10-2026 | Not yet | -- | −13.2% |
| Edelweiss Nifty Bank ETF | −7.3% | 03-08-2026 | 27-10-2026 | Not yet | -- | −6.1% |
| BSE MidSmall Private Banks TRI | −13.2% | 21-08-2026 | 30-10-2026 | Not yet | -- | −13.2% |
From daily values since 03-08-2026, the first day every fund has.
DSP BSE MidSmall Private Banks ETF vs Edelweiss Nifty Bank ETF: Portfolio Overlap
From each fund's latest monthly portfolio: DSP BSE MidSmall Private Banks ETF, September 2026; Edelweiss Nifty Bank ETF, September 2026
Holdings in common
- Overlap
- 24.6%
- Held by both
- 5
- Only in DSP BSE MidSmall Private Banks ETF
- 13
- Only in Edelweiss Nifty Bank ETF
- 9
| Security | % of DSP BSE MidSmall Private Banks ETF | % of Edelweiss Nifty Bank ETF |
|---|---|---|
| Federal Bank Limited | 17.33% | 6.75% |
| IndusInd Bank Limited | 12.96% | 5.12% |
| AU Small Finance Bank Limited | 12.59% | 4.76% |
| IDFC First Bank Limited | 11.93% | 4.70% |
| Yes Bank Limited | 8.12% | 3.25% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 24.6% means 24.6% 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 BSE MidSmall Private Banks ETF
| Security | % of fund |
|---|---|
| Karur Vysya Bank Limited | 6.68% |
| RBL Bank Limited | 5.53% |
| City Union Bank Limited | 4.74% |
| Bandhan Bank Limited | 3.87% |
| Ujjivan Small Finance Bank Limited | 2.81% |
Largest holdings only in Edelweiss Nifty Bank ETF
| Security | % of fund |
|---|---|
| HDFC Bank Ltd. | 18.06% |
| ICICI Bank Ltd. | 14.33% |
| Kotak Mahindra Bank Ltd. | 10.43% |
| State Bank of India | 9.87% |
| Axis Bank Ltd. | 9.20% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP BSE MidSmall Private Banks ETF | Edelweiss Nifty Bank ETF |
|---|---|---|
| Equity | 100.0% | 99.9% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.1% |
Market cap of stocks
| Market cap | DSP BSE MidSmall Private Banks ETF | Edelweiss Nifty Bank ETF |
|---|---|---|
| Large Cap | 0.0% | 75.4% |
| Mid Cap | 62.9% | 24.6% |
| Small Cap | 37.0% | 0.0% |
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 BSE MidSmall Private Banks ETF | Edelweiss Nifty Bank ETF |
|---|---|---|
| Banks | 100.0% | 99.9% |
The six largest sectors of each fund's stocks, % of the fund.
DSP BSE MidSmall Private Banks ETF vs Edelweiss Nifty Bank ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP BSE MidSmall Private Banks ETF | Edelweiss Nifty Bank ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.17% | 0.00% |
| Base expense ratio (Regular) | 0.00% | 0.23% |
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.
DSP BSE MidSmall Private Banks ETF vs Edelweiss Nifty Bank ETF: Frequently Asked Questions
What is the difference between DSP BSE MidSmall Private Banks ETF and Edelweiss Nifty Bank ETF?
DSP BSE MidSmall Private Banks ETF is a mutual fund, Edelweiss Nifty Bank ETF is an ETF fund, run by DSP Mutual Fund and Edelweiss Mutual Fund. Their portfolios overlap 24.6%. DSP BSE MidSmall Private Banks ETF charges 0.52% a year and Edelweiss Nifty Bank ETF 0.82%.
Which has the lower expense ratio, DSP BSE MidSmall Private Banks ETF or Edelweiss Nifty Bank ETF?
DSP BSE MidSmall Private Banks ETF charges less: 0.52% a year against 0.82%. These are the total expense ratios reported to AMFI.
How much do DSP BSE MidSmall Private Banks ETF and Edelweiss Nifty Bank ETF overlap?
24.6%. They hold 5 of the same securities, the largest shared ones being FEDERALBNK, INDUSINDBK, AUBANK. From each fund's latest monthly portfolio.
Can I invest in both DSP BSE MidSmall Private Banks ETF and Edelweiss Nifty Bank ETF?
Yes. 24.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.