HealthyDirect · GrowthFit for a long SIP
DSP Nifty Private Bank Index Fund
- NAV
- 11.7756
- 5 Nov 2026
- 1Y
- +2.4%
- Trailing CAGR
- AUM
- ₹106.11 Cr
- 30 Sept 2026
- Volatility
- High
- 16.0% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 5 Nov 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Buy checklist
History depth
Fail
1.7 years - thin for judging consistency.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.47% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -17.3%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 100.0% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 17%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+2.4%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+10.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+7.8%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +10.3%
- Calendar-day CAGR
- Excess 1Y
- +0.0%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -17.3%
- Worst peak-to-trough
- Current
- -1.8%
- Below last peak
- Current spell
- 260 days
- Days below latest peak
- Time below peak
- +93%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 13 days
- 13 recovered episodes
- Longest recovery
- 55 days
- Trough to prior peak
18 Feb 2026 – open
Trough 30 Mar 2026 · not recovered
-17.3%
27 Jun 2025 – 23 Oct 2025
Trough 29 Aug 2025 · recovered in 55 days
-8.3%
25 Mar 2025 – 15 Apr 2025
Trough 7 Apr 2025 · recovered in 8 days
-4.1%
22 Apr 2025 – 9 Jun 2025
Trough 9 May 2025 · recovered in 31 days
-3.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
28
Vs category
50
Consistency
7
Risk-adjusted
42
Drawdown
57
Mean
37
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
No supporting reads in the current evidence set.
Portfolio
30 Sept 2026 · 11 holdings · top 10 are 100.0%.
- Top 5
- 86.8%
- Top 10
- 100.0%
- Largest holding
- 21.5%
- Effective holdings
- 5.8
ICICI Bank Ltd
Financial
21.5%
HDFC Bank Ltd
Financial
20.8%
Kotak Mahindra Bank Ltd
Financial
19.8%
Axis Bank Ltd
Financial
19.3%
The Federal Bank Ltd
Financial
5.3%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BANDHAN NIFTY 100 INDEX FUND
Bandhan Mutual Fund
- 1Y
- -2.2%
- 3Y
- +10.8%
- Vol
- 13.6%
- Max DD
- -17.3%
- Sharpe
- 0.36
- 3Y win
- +51%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Edelweiss CRISIL IBX AAA Financial Services Bond - Jan 2028 Index Fund
Edelweiss Mutual Fund
- 1Y
- +5.5%
- 3Y
- n/a
- Vol
- 0.9%
- Max DD
- -0.5%
- Sharpe
- 1.51
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Kotak Mahindra Mutual Fund
- 1Y
- +6.6%
- 3Y
- n/a
- Vol
- 0.4%
- Max DD
- -0.2%
- Sharpe
- 2.49
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Nippon India Nifty India Manufacturing Index Fund
Nippon India Mutual Fund
- 1Y
- +4.4%
- 3Y
- n/a
- Vol
- 15.3%
- Max DD
- -12.8%
- Sharpe
- 0.29
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Nippon India Nifty SDL Plus G-Sec - Jun 2028 Maturity 70:30 Index Fund
Nippon India Mutual Fund
- 1Y
- +4.9%
- 3Y
- +7.5%
- Vol
- 1.1%
- Max DD
- -0.7%
- Sharpe
- 1.29
- 3Y win
- +16%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns