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DSP Msci India ETF

Q: What is the NAV of DSP Msci India ETF?

As of 20 Aug 2026, the NAV of DSP Msci India ETF is ₹29.83 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has DSP Msci India ETF delivered?

DSP Msci India ETF has returned -1.73% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of DSP Msci India ETF?

DSP Msci India ETF charges an expense ratio of 0.48% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of DSP Msci India ETF?

Its largest holdings are HDFC Bank (6.4%), Reliance Industries (6.0%), ICICI Bank (5.7%), Bharti Airtel (4.0%) and Infosys (2.6%). Holdings are disclosed monthly and change over time.

Q: How risky is DSP Msci India ETF?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.3% and its worst peak-to-trough fall in our sample was -14.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of DSP Msci India ETF?

DSP Msci India ETF is benchmarked against the MSCI India Index (TRI). Its alpha and beta on this page are measured against that index.

Q: How is DSP Msci India ETF taxed?

DSP Msci India ETF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 1 year are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 1 year or less are taxed at your income-tax slab rate.

DSP Mutual Fund

NAV

₹29.83

+0.48% 1D

as of 20 Aug 2026

Compare SIP calculator

Performance

-1.73%absolute

52-week rangePrev NAV ₹29.69

Latest ₹29.83

Low ₹26.5572nd percentile of its 52-week rangeHigh ₹31.09

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Other ETFs peers to rank yet

RiskModerate

Volatility 15.3% vs 16.4% category avg

CostHigh

0.5% expense vs 0.4% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

No standout strengths identified.

Concerns

High expense ratio (0.48%) vs the Other ETFs average of 0.43%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 0.43%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

Category 22.92

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.32

Scheme Info

Definitions

Plan

—

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

Exit Load

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

25 Nov 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.62%

Absolute return over the last 3 months (not annualized)

+3.61%

Absolute return over the last 6 months (not annualized)

-1.23%

Absolute return since 1 Jan of this year (not annualized)

-3.23%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the fund's inception

-1.73%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

15.35%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-14.61%

Benchmark ratios (vs Nifty 500 · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500

—

Sensitivity to Nifty 500 moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 price index — the closest match to this fund's mandate. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Other ETFs)

Period	Fund	Category avg.	Diff
1M abs	+0.62%	+1.60%	-0.98%
3M abs	+3.61%	+3.14%	+0.47%
6M abs	-1.23%	+0.91%	-2.14%
1Y CAGR	—	+10.36%	—
3Y CAGR	—	+13.57%	—
5Y CAGR	—	+10.13%	—

Category average across peers in Other ETFs (up to 247 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-14.6%02 Jan 2026 → 31 Mar 2026
Still below that high — 3 months down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500	Diff
2026part	-2.88%	-1.50%	-1.38%
2025part	+1.18%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

Fund size over time

Quarterly average AUM · AMFI

₹3.26Cr

April - June 2026

-44%

since January - March 2026

Down +44% from its peak of ₹5.80Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹80.00K

Current value

₹81.50K

Absolute

+1.88%

XIRR

+6.52%

Value vs. invested

8 monthly installments of ₹10,000 into DSP Msci India ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

183

Expense ratio

AUM

Portfolio turnover

Exit load

P/E ratio

P/B ratio

Avg market cap

Taxation

Taxed as non-equity

This is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 1 year get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.

Short-term

30%

Held under 1 year

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 1 year or more

No indexation, no ₹1.25 L exemption

Your income-tax slab

Sets the short-term (slab-rate) figure above.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Other ETFs

Compare all


DSP Msci India ETFThis fund DSP	—	—	—	—	20.05	0.48%	₹3.26Cr
HDFC Silver ETF HDFC	★★★☆☆	+110.40%	+48.58%	—	—	0.58%	₹7,960Cr
ICICI Prudential Silver ETF ICICI Prudential	★★★★☆	+111.63%	+48.29%	—	—	0.40%	₹15,115Cr
Axis Silver ETF Axis	★★★★☆	+110.90%	+48.26%	—	—	0.42%	₹2,030Cr
Kotak Silver ETF Kotak Mahindra	★★★★☆	+111.30%	+48.15%	—	—	0.35%	₹3,625Cr
DSP Silver ETF DSP	★★★★☆	+111.51%	+48.14%	—	—	0.40%	₹1,710Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap81.7%
Mid cap18.3%
Small cap0.0%

DSP in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Index funds & ETFs

Index funds and ETFs simply track a benchmark such as the Nifty 50 rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost.

Frequently asked questions

What is the NAV of DSP Msci India ETF?

As of 20 Aug 2026, the NAV of DSP Msci India ETF is ₹29.83 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has DSP Msci India ETF delivered?

DSP Msci India ETF has returned -1.73% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of DSP Msci India ETF?

DSP Msci India ETF charges an expense ratio of 0.48% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of DSP Msci India ETF?

Its largest holdings are HDFC Bank (6.4%), Reliance Industries (6.0%), ICICI Bank (5.7%), Bharti Airtel (4.0%) and Infosys (2.6%). Holdings are disclosed monthly and change over time.

How risky is DSP Msci India ETF?

It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.3% and its worst peak-to-trough fall in our sample was -14.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of DSP Msci India ETF?

DSP Msci India ETF is benchmarked against the MSCI India Index (TRI). Its alpha and beta on this page are measured against that index.

How is DSP Msci India ETF taxed?

DSP Msci India ETF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 1 year are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 1 year or less are taxed at your income-tax slab rate.