DSP Financial Services Sectoral Debt Fund vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund
Direct Plan, Growth option · Data as on 30-10-2026
DSP Financial Services Sectoral Debt Fund is a Debt fund and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund is an Index fund. DSP Financial Services Sectoral Debt Fund charges 0.28% a year and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund 0.20% (Direct plans). Their portfolios overlap 11.7%: they hold 2 of the same securities.
DSP Financial Services Sectoral Debt Fund
Debt
- Expense ratio
- 0.28%
- NAV
- ₹10.06
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund
Index
- Expense ratio
- 0.20%
- NAV
- ₹11.65
Which is better, DSP Financial Services Sectoral Debt or Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 costs less: 0.20% a year against 0.28% (Direct plans).
- Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 fell less in its worst fall since 28-08-2026: −0.1% against −0.1%.
- DSP Financial Services Sectoral Debt is the larger fund: ₹685 Cr against ₹606 Cr.
- Their portfolios overlap 11.7%: 2 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 Financial Services Sectoral Debt Fund | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund |
|---|---|---|
| Fund house | DSP Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Debt | Index |
| AUM | ₹685 Cr (30-09-2026) | ₹606 Cr (30-09-2026) |
| NAV | ₹10.06 (Direct) | ₹11.65 (Direct) |
| Expense ratio (Direct) | 0.28% | 0.20% |
| Expense ratio (Regular) | 0.50% | 0.39% |
| Riskometer | Moderate | Low to Moderate |
| Benchmark | Crisil Financial Services Short Term Debt Index A-II | CRISIL-IBX AAA Financial Services Index – Sep 2027 |
| Launch date | 27-08-2026 | 13-09-2024 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Karan Mundhra, Kunal Khudania, Shalini Vasanta | Abhishek Bisen |
| Exit load | Nil | Exit load of 0.25%, if redeemed within 30 days. |
DSP Financial Services Sectoral Debt vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: 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 Financial Services Sectoral Debt Fund (Direct) | +0.14% | -- | -- | -- | -- | -- | -- |
| Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct) | +0.21% | +1.21% | +3.03% | +5.64% | -- | -- | -- |
DSP Financial Services Sectoral Debt vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: Year-wise Returns
| Year | DSP Financial Services Sectoral DebtDSP Financial Services Sectoral Debt | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 |
|---|---|---|
| 2026to date | -- | +4.65% |
| 2025 | -- | +8.50% |
DSP Financial Services Sectoral Debt vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: Rolling Returns
Every holding period of both funds
DSP Financial Services Sectoral Debt vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | DSP Financial Services Sectoral Debt Fund (Direct) | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.31% | +7.36% |
| Standard deviation | 0.66% | 0.78% |
| Sharpe ratio | -2.97 | 2.14 |
| Sortino ratio | -3.50 | 3.44 |
| Maximum drawdown | −0.1% (23-10-2026) | −0.4% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 28-08-2026 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 Financial Services Sectoral Debt Fund (Direct)
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| DSP Financial Services Sectoral Debt Fund (Direct) | −0.1% | 13-10-2026 | 23-10-2026 | Not yet | -- | −0.0% |
| Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct) | −0.1% | 14-10-2026 | 23-10-2026 | Not yet | -- | −0.0% |
From daily values since 28-08-2026, the first day every fund has.
DSP Financial Services Sectoral Debt vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: Portfolio Overlap
From each fund's latest monthly portfolio: DSP Financial Services Sectoral Debt Fund, September 2026; Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund, September 2026
Holdings in common
- Overlap
- 11.7%
- Held by both
- 2
- Only in DSP Financial Services Sectoral Debt
- 19
- Only in Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027
- 15
| Security | % of DSP Financial Services Sectoral Debt | % of Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 |
|---|---|---|
| HDB Financial Services Limited | 7.31% | 7.81% |
| Mahindra & Mahindra Financial Services Limited | 4.41% | 4.73% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 11.7% means 11.7% 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 Financial Services Sectoral Debt Fund
| Security | % of fund |
|---|---|
| Bharti Telecom Limited | 8.53% |
| Tata Capital Limited | 7.65% |
| 8.05% Gujarat SDL 31012028 | 7.50% |
| Kotak Mahindra Prime Limited | 7.44% |
| Sundaram Finance Limited | 7.40% |
Largest holdings only in Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund
| Security | % of fund |
|---|---|
| BAJAJ FINANCE LTD. | 11.59% |
| REC LTD | 9.07% |
| LIC HOUSING FINANCE LTD. | 8.18% |
| AXIS Finance Ltd. | 7.63% |
| ADITYA BIRLA HOUSING FINANCE LTD | 7.43% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | DSP Financial Services Sectoral Debt | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 98.7% | 94.8% |
| Cash and others | 1.3% | 5.2% |
DSP Financial Services Sectoral Debt vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | DSP Financial Services Sectoral Debt Fund | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.28% | 0.20% |
| Base expense ratio (Direct) | 0.20% | 0.17% |
| Total expense ratio (Regular) | 0.50% | 0.39% |
| Base expense ratio (Regular) | 0.38% | 0.33% |
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 Financial Services Sectoral Debt Fund vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund: Frequently Asked Questions
What is the difference between DSP Financial Services Sectoral Debt Fund and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund?
DSP Financial Services Sectoral Debt Fund is a Debt fund, Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund is an Index fund, run by DSP Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 11.7%. DSP Financial Services Sectoral Debt Fund charges 0.28% a year and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund 0.20%.
Which has the lower expense ratio, DSP Financial Services Sectoral Debt Fund or Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund?
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund charges less: 0.20% a year against 0.28%. These are the Direct plans' total expense ratios reported to AMFI.
How much do DSP Financial Services Sectoral Debt Fund and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund overlap?
11.7%. They hold 2 of the same securities, the largest shared ones being HDB Financial Services Limited, Mahindra & Mahindra Financial Services Limited. From each fund's latest monthly portfolio.
Which is riskier, DSP Financial Services Sectoral Debt Fund or Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund?
On SEBI's riskometer, DSP Financial Services Sectoral Debt Fund is rated Moderate and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 0.66% and 0.78% a year.
Can I invest in both DSP Financial Services Sectoral Debt Fund and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund?
Yes. 11.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages DSP Financial Services Sectoral Debt Fund and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund?
DSP Financial Services Sectoral Debt Fund: Karan Mundhra, Kunal Khudania, Shalini Vasanta. Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund: Abhishek Bisen.
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.