DSP BSE Top 10 Banks ETF vs Edelweiss BSE Top 10 Bank ETF
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
DSP BSE Top 10 Banks ETF is a mutual fund and Edelweiss BSE Top 10 Bank ETF is an ETF fund. DSP BSE Top 10 Banks ETF charges 0.18% a year and Edelweiss BSE Top 10 Bank ETF 1.20%. Their portfolios overlap 99.9%: they hold 10 of the same securities.
Which is better, DSP BSE Top 10 Banks ETF or Edelweiss BSE Top 10 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 Top 10 Banks ETF costs less: 0.18% a year against 1.20%.
- Edelweiss BSE Top 10 Bank ETF fell less in its worst fall since 03-08-2026: −6.5% against −6.5%.
- DSP BSE Top 10 Banks ETF is the larger fund: ₹370 Cr against ₹15 Cr.
- Their portfolios overlap 99.9%: 10 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 Top 10 Banks ETF | Edelweiss BSE Top 10 Bank ETF |
|---|---|---|
| Fund house | DSP Mutual Fund | Edelweiss Mutual Fund |
| Category | Not available | ETF |
| AUM | ₹370 Cr (30-09-2026) | ₹15 Cr (30-09-2026) |
| NAV | ₹16.31 | ₹16.19 |
| Expense ratio (Direct) | Not available | Not available |
| Expense ratio (Regular) | Not available | Not available |
| Riskometer | Not available | Very High |
| Benchmark | Not available | BSE Top 10 Banks TRI |
| Launch date | Not available | 31-07-2026 |
| 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 Top 10 Banks ETF vs Edelweiss BSE Top 10 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 Top 10 Banks ETF | +0.68% | −4.12% | +0.08% | -- | -- | -- | -- |
| Edelweiss BSE Top 10 Bank ETF | +0.68% | -- | -- | -- | -- | -- | -- |
DSP BSE Top 10 Banks ETF vs Edelweiss BSE Top 10 Bank ETF: Rolling Returns
Every holding period of both funds, against BSE Top 10 Banks TRI, the benchmark of both
DSP BSE Top 10 Banks ETF vs Edelweiss BSE Top 10 Bank ETF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP BSE Top 10 Banks ETF | Edelweiss BSE Top 10 Bank ETF |
|---|---|---|
| Return (CAGR) | −8.21% | −18.27% |
| Standard deviation | 19.10% | 11.87% |
| Sharpe ratio | -0.71 | -1.98 |
| Sortino ratio | -0.99 | -2.62 |
| Maximum drawdown | −12.5% (31-03-2026) | −6.5% (27-10-2026) |
| Beta | 1.00 | 1.00 |
| Alpha | −0.02% | −0.12% |
From daily NAVs, 06-03-2026 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 Top 10 Banks ETF
Edelweiss BSE Top 10 Bank ETF
BSE Top 10 Banks TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP BSE Top 10 Banks ETF | −6.5% | 06-08-2026 | 27-10-2026 | Not yet | -- | −5.1% |
| Edelweiss BSE Top 10 Bank ETF | −6.5% | 06-08-2026 | 27-10-2026 | Not yet | -- | −5.1% |
| BSE Top 10 Banks TRI | −6.5% | 06-08-2026 | 27-10-2026 | Not yet | -- | −5.1% |
From daily values since 03-08-2026, the first day every fund has.
DSP BSE Top 10 Banks ETF vs Edelweiss BSE Top 10 Bank ETF: Portfolio Overlap
From each fund's latest monthly portfolio: DSP BSE Top 10 Banks ETF, September 2026; Edelweiss BSE Top 10 Bank ETF, September 2026
Holdings in common
- Overlap
- 99.9%
- Held by both
- 10
- Only in DSP BSE Top 10 Banks ETF
- 0
- Only in Edelweiss BSE Top 10 Bank ETF
- 0
| Security | % of DSP BSE Top 10 Banks ETF | % of Edelweiss BSE Top 10 Bank ETF |
|---|---|---|
| HDFC Bank Limited | 32.07% | 32.06% |
| ICICI Bank Limited | 22.15% | 22.15% |
| Kotak Mahindra Bank Limited | 9.79% | 9.79% |
| Axis Bank Limited | 9.60% | 9.61% |
| State Bank of India | 9.32% | 9.32% |
| Federal Bank Limited | 4.60% | 4.59% |
| IndusInd Bank Limited | 3.43% | 3.43% |
| AU Small Finance Bank Limited | 3.33% | 3.34% |
| IDFC First Bank Limited | 3.16% | 3.16% |
| Bank of Baroda | 2.52% | 2.51% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 99.9% means 99.9% 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 BSE Top 10 Banks ETF
Every holding of this fund is also held by the other.
Largest holdings only in Edelweiss BSE Top 10 Bank ETF
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP BSE Top 10 Banks ETF | Edelweiss BSE Top 10 Bank ETF |
|---|---|---|
| Equity | 100.0% | 100.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.0% | 0.0% |
Market cap of stocks
| Market cap | DSP BSE Top 10 Banks ETF | Edelweiss BSE Top 10 Bank ETF |
|---|---|---|
| Large Cap | 85.5% | 85.4% |
| Mid Cap | 14.5% | 14.5% |
| Small Cap | 0.0% | 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 Top 10 Banks ETF | Edelweiss BSE Top 10 Bank ETF |
|---|---|---|
| Banks | 100.0% | 100.0% |
The six largest sectors of each fund's stocks, % of the fund.
DSP BSE Top 10 Banks ETF vs Edelweiss BSE Top 10 Bank ETF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP BSE Top 10 Banks ETF | Edelweiss BSE Top 10 Bank ETF |
|---|---|---|
| Base expense ratio (Direct) | 0.13% | 0.00% |
| Base expense ratio (Regular) | 0.00% | 0.10% |
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.
DSP BSE Top 10 Banks ETF vs Edelweiss BSE Top 10 Bank ETF: Frequently Asked Questions
What is the difference between DSP BSE Top 10 Banks ETF and Edelweiss BSE Top 10 Bank ETF?
DSP BSE Top 10 Banks ETF is a mutual fund, Edelweiss BSE Top 10 Bank ETF is an ETF fund, run by DSP Mutual Fund and Edelweiss Mutual Fund. Their portfolios overlap 99.9%. DSP BSE Top 10 Banks ETF charges 0.18% a year and Edelweiss BSE Top 10 Bank ETF 1.20%.
Which has the lower expense ratio, DSP BSE Top 10 Banks ETF or Edelweiss BSE Top 10 Bank ETF?
DSP BSE Top 10 Banks ETF charges less: 0.18% a year against 1.20%. These are the total expense ratios reported to AMFI.
How much do DSP BSE Top 10 Banks ETF and Edelweiss BSE Top 10 Bank ETF overlap?
99.9%. They hold 10 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Can I invest in both DSP BSE Top 10 Banks ETF and Edelweiss BSE Top 10 Bank ETF?
Yes. 99.9% of each fund's money sits in the same holdings, so a large part 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.